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Ann Arbor’s Renaissance Venture Capital Fund Attracts More Than $1.3B of Investment to Michigan Startups

Renaissance Venture Capital Fund in Ann Arbor Friday announced it has attracted more than $1.3 billion to Michigan’s startup ecosystem. Since its launch in 2008, the firm has invested in 30 venture capital funds in the United States with the goal of attracting venture capital from those funds and their network into Michigan startup companies.

Report: Customer Loyalty to Utility Vehicles Reaches Record Levels

Customer loyalty to utility vehicles continues to grow at record levels, according to a recent analysis by IHS Markit, a business information provider. The analysis of 17.1 million new vehicle registrations in 2017 proves loyalty to utility vehicles reached a record high of 66.9 percent last year, up from 64.4 percent in 2016 and 54.3 percent in 2012.

Report: Financing Cars Costs Thousands More in 2018

A combination of rising interest rates, longer loan terms, and higher average transaction prices means that on average, buyers could pay $6,500 more to purchase new vehicles than they did five years ago, according to a report by Edmunds, a car information and shopping platform.

Art Van Furniture in Warren Names Ronald Boire New President and CEO

Art Van Furniture in Warren Thursday announced Ronald Boire will join the company as president and CEO, effective April 30. Boire will succeed Kim Yost, who recently announced his retirement after nine years with the company. In January 2017, the company was sold by the late Art Van Elslander to Thomas H. Lee Partners, a private equity firm in Boston.

RE/MAX of Southeastern Michigan Identifies Best Local Cities for First-Time Home Buyers

RE/MAX of Southeastern Michigan in Troy today released its list of best local cities for first-time home buyers. The five selected cities, ranked from least expensive to most expensive, are Westland, St. Clair Shores, Clawson, Livonia, and Royal Oak.

The Downtown Boxing Gym Youth Program Receives $500,000 Pledge from the Ralph C. Wilson, Jr. Foundation

Located on Detroit’s east side, the Downtown Boxing Gym has received a two-year $500,000 grant from the Ralph C. Wilson, Jr. Foundation. The gym was started in 2007 and offers free, after-school academic and athletic programs. Referred to as the “books before boxing” approach, the gym has served an increasing number of students each year. The grant will assist with the gym’s goal of serving 250 students by 2020, along with the creation of an apprenticeship program.

Ann Arbor’s ForeSee Releases Net Promoter Score Report Ranking Top Retailers

ForeSee, an Ann Arbor-based pioneer of Voice of Customer solutions, which works to measure and improve customer experiences, Thursday released its Net Promoter Score Report for 50 top retailers. The report is the only free and publicly available NPS ranking of its kind.

Troy-based Food Management Company Continental Acquires Roseville’s Metro Vending Service Inc.

Troy-based Continental, a food management company, today announced it has acquired Roseville’s Metro Vending Service Inc. Metro Vending's staff will join the Continental team. Terms of the agreement were not disclosed.

Holland Mich.-based JR Automation Acquires Utah’s Setpoint Systems and Setpoint Inc.

JR Automation, a Holland, Mich.-based provider of intelligent automated manufacturing and distribution technology solutions, Wednesday announced it has acquired Utah-based Setpoint Systems and Setpoint Inc. Both companies create automation solutions for e-commerce, amusement, and other industries.

Novi’s Lineage Logistics Expands Texas Facility

Lineage Logistics, a Novi-based provider of temperature-controlled supply chain solutions, today announced it broke ground this week on an expansion to its Sunnyvale, Texas warehousing and distribution facility. Lineage will nearly double the pallet capacity of the current facility while occupying less than a third of its current footprint.

Chamberlain Marketing Group in Taylor Acquires Clawson’s Traffic

Chamberlain Marketing Group (CMG), a promotional marketing and corporate branded merchandise company in Taylor, Wednesday announced it has acquired Traffic, a web design and digital marketing agency in Clawson. Details of the acquisition were not disclosed.

Detroit’s Rossetti Completes Renovations of MSU Student Events Center

Rossetti, a Detroit-based sports and entertainment architecture firm, Wednesday announced it has completed renovations of Michigan State University’s Breslin Student Events Center in East Lansing.

More Than 30 Performers Announced for the 2018 Quicken Loans-Sponsored Detroit Jazz Festival

At a luncheon yesterday at the Detroit Athletic Club, the Detroit Jazz Festival Foundation announced headliners for the 39th Annual Detroit Jazz Festival. Additionally, Quicken Loans announced it would return as presenting sponsor for the 2018 and 2019 festivals. With more than 30 performances announced for the Labor Day weekend event, the lineup ranges from leading female artists, to up-and-comers, and legendary artists.

Detroit’s Huron Capital Partners Closes on $142M Private Equity Fund

Huron Capital Partners, a private equity firm based in downtown Detroit, and Sixpoint Partners, a global investment bank in New York serving the middle market, today announced the successful closing of The Huron Flex Equity Fund, L.P. (Huron Flex Fund), with $142 million of total capital commitments.

Detroit’s Clark Hill Merges With Dallas-based Strasburger and Price

Clark Hill, a Detroit-based international legal and professional services firm, and Strasburger and Price, a Dallas-based law firm, have announced plans to merge, effective today. The merger will give the new firm 25 offices in the United States, Ireland, and Mexico.

Livonia-based Schostak Brothers and Co. Forms Real Estate Development Unit

Schostak Brothers and Co., a Livonia-based fourth-generation commercial real estate company with projects around the country, Tuesday announced it has formed Schostak Development, a new business unit that will manage real estate development projects. Jeffrey Schostak will serve as the division’s president.

Mission Point Resort on Mackinac Island Completes $5M in Renovations

Mackinac Island’s Mission Point Resort will open for the season with 108 renovated Main Lodge hotel rooms and suites. The completion of the rooms is part of $5 million in updates the Ware family has made since taking ownership of the resort in 2014.

McLaren Macomb in Mount Clemens Expands to Treat Epilepsy and Seizures

McLaren Macomb in Mount Clemens Tuesday announced it has expanded its treatment of neurological conditions to include epilepsy and seizures through its Epilepsy Monitoring Unit, part of the McLaren Macomb Neuroscience Institute.

Report: Car Insurance Penalties for Distracted Driving Up Nearly Eighty Times Since 2011

The Zebra, a Texas-based car insurance search engine, today released its 2018 Distracted Driving Report, which shows a recent sharp rise in penalties for distracted driving. In Michigan, penalties can be $681 annually, while in Detroit, the penalty nears $2,000.

Southfield Federal-Mogul Acquired by Tenneco for $5.4B, to be Separated into Two Publically Traded Companies

Tenneco, a leading designer, manufacturer, and distributor of ride performance and clean air products based in Lake Forest, Ill., today announced it has signed a definitive agreement to acquire Federal-Mogul in Southfield, a leading global supplier to original equipment manufacturers and the aftermarket.

Detroit Riverfront Conservancy Selects New York Design Firm for $50M West Riverfront Park

The Detroit Riverfront Conservancy today announced that New York-based landscape architect firm Michael Van Valkenburgh Associates (MVVA) has been selected as the winning firm of its international design competition to transform the 22-acre West Riverfront Park in downtown Detroit into a dynamic public space.

Detroit’s Display Group at Packard Plant Forms Audio Visual Lighting Creative Joint Venture

Display Group, an event production company located at Detroit’s historic Packard Plant, has formed Audio Visual Lighting Creative to expand its roster of offerings to businesses, organizations, and individuals.

American Center for Mobility in Ypsilanti Township Partners With IEEE Transportation Electrification Community

The American Center for Mobility in Ypsilanti Township has partnered with IEEE Transportation Electrification Community, a technical professional organization, IEEE announced today. The memorandum of understanding between the two companies is intended to help accelerate development and deployment of technical standards.

ITS America Annual Meeting to be Held at Cobo Center with Keynote Given by GM’s Mark Reuss

The Intelligent Transportation Society of America (ITS America) has announced that Mark Reuss, General Motor’s executive vice president for global product development, purchasing, and supply chain, will be the keynote speaker for the group’s annual meeting, which will take place in Detroit from June 4-7 at Cobo Center. The keynote address will take place at 9 a.m. on Wednesday, June 6.

Former Detroit Lions Players Partner to Develop Townhome Project in Downtown Northville

Former Detroit Lions Ron Rice and Dewayne White have partnered on North 320, downtown Northville’s first residential, townhome development in more than 15 years.

Detroit-based Henry Ford Health System to Launch Pancreatic Cancer Center with $20M Gift

The Henry Ford Health System today announced it received a $20 million gift and will use it to launch the Henry Ford Pancreatic Cancer Center. The center will focus on global collaborations to develop new methods for the early detection of the disease, which has a five-year survival rate of 8 percent.

Nexteer Automotive in Auburn Hills to Open Software Center in India

Nexteer Automotive in Auburn Hills today announced it plans to open a software center in India. The center will be the latest addition to the company’s global software center portfolio, which includes centers in Saginaw, Poland, and China.

The Henry Ford in Dearborn, PNC Bank, and PNC Foundation Partner to Offer Early Childhood Programming

The Henry Ford in Dearborn, PNC Bank, and PNC Foundation today announced they will partner to offer year-round early childhood programming at The Henry Ford. The partnership includes a three-year $210,000 sponsorship from PNC Bank.

Chevrolet Unveils Updated Camaros for 2019, Includes First Turbo 1LE

Detroit-based Chevrolet today unveiled new Camaro models for 2019. The new model lineup features distinctive designs, new technologies, and the first-ever Turbo 1LE.

Plymouth Township’s Michigan Manufacturing Technology Center to Unveil Lightweight Vehicle Frame at SAE

The Michigan Manufacturing Technology Center in Plymouth Township today announced it will unveil a lightweight replica car, military, and specialty vehicle frame this week at the World Congress Experience (WCX) event, hosted by SAE International. The event will be held April 10-12 at Detroit’s Cobo Center.

Brighton’s Lowry Solutions Launches Hybrid Cloud and IoT Platform

Lowry Solutions in Brighton, an industrial internet of things (IoT) and Industry 4.0 solutions provider, today announced the launch of its own brand of software as a service called Sonaria. The software will be unveiled this week at the industry tradeshow, RFID Journal Live, in Orlando, Fla.

“Hamilton” Coming to Fisher Theatre, “Aladdin” will be at Detroit Opera House, Michigan Opera Theatre Announces 2018-2019 Season

“Hamilton,” the Broadway smash musical about the Founding Fathers and the birth of America, is coming to Detroit’s Fisher Theatre March 12 to April 21, 2019. The production is in partnership with Broadway in Detroit.

Sharnosa in Farmington Hills Partners with Detroit’s JLL to Bring Tower 14 in Southfield to Market

JLL’s Detroit office today announced it will partner with developer Sharnosa in Farmington Hills to handle leasing and sales at Tower 14 in Southfield, located just north of the former Northland Mall at 21700 Northwestern Highway.

Chevrolet Adds New Designs For 2019 Malibu, Cruze, and Spark

Detroit-based Chevrolet is strengthening its car lineup with premium, sporty styling, enhanced features, and expanded choices for the 2019 Malibu, Cruze, and Spark.

Vehicle Shopping Software Developer Detroit Trading Partners with California Automotive Media Company

Detroit Trading, a company that develops online car shopping software, today announced a partnership with California's TEN: A Discovery Inc. Co. to provide an enhanced online car shopping experience for TEN’s network of 131,000,000 readers and viewers.

The All-electric Ford Transit Will be Showcased on U.S. Tour with Colorado’s Lightning Systems

Lightning Systems, a developer of zero-emissions solutions for commercial fleets, is taking its new Ford Transit Lightning Electric model on a national tour, which includes a scheduled visit to Detroit from April 16-20.

Wayne State University in Detroit Uses Collagen to Strengthen Engineered Blood Vessels

Wayne State University in Detroit today announced that it has researched whether a collagen-based hydrogel can be used to reinforce tissue-engineered blood vessels seeded with human fibroblast cells.

Michigan State University in Lansing Opens New Lab to Grow Plants Without Soil or Sunlight

Michigan State University in Lansing today announced it has opened a Controlled-Environment Lighting Laboratory where food and other specialty crops are grown in vertically stacked layers or inclined surfaces, as well as integrating crop production in other structures.

Detroit’s Mobiliti Launches Vehicle Subscription Service Connecting Dealers and Consumers

Mobiliti, a new Detroit-based vehicle subscription service, today announced it is partnering with dealers to offer consumers vehicle subscriptions.

Detroit’s American Axle and Manufacturing Partners with Chinese Company to Manufacture Driveline Systems

American Axle and Manufacturing (AAM) in Detroit today announced it has entered into a joint venture agreement with China’s Liuzhou Wuling Automobile Industry Co. Ltd. to manufacture driveline systems, the companies announced.

Sterling Heights’ Mettle Ops Receives $4.3M in Additional Funding for Military Survival Gear

Mettle Ops in Sterling Heights has adjusted its contract with the U.S. Army Tank-Automotive Research Development and Engineering Center (TARDEC) in Warren to include a funding ceiling hike of $4.3 million. This brings the total amount in the Department of Defense (DoD) Ordnance Technology Consortium Other Transaction Agreement Contract to more than $13 million.

Ann Arbor’s Duo Security Adds Downtown Detroit Office Along Washington Blvd.

Ann Arbor-based Duo Security, a data security company, has announced it will expand operations to the historic Julian C. Madison Building, located at 1420 Washington Blvd. in downtown Detroit. The expansion will be led by the company’s engineering, information services, and product teams.

2019 Chevrolet Silverado Adds Racetrack-inspired ‘Flowtie’

Looking to boost airflow on the new Chevrolet Silverado family of trucks, the automaker’s engineers turned to their higher performance cars, the Camaro in particular.

The DIA and Midtown Detroit to Launch Design Competition to Reimagine the DIA Campus

The Detroit Institute of Arts and Midtown Detroit Inc. Tuesday announced the launch of a DIA Plaza and Midtown Cultural Connections design competition to improve the DIA’s exterior campus.

Acme Mills in Bloomfield Hills Introduces Sleeker, Lighter, and More Comfortable Aircraft Seating

Acme Mills Co. in Bloomfield Hills today announced it has joined forces with Quantum Materials in North Carolina to launch a new level of fabric innovation designed for aircraft seating applications — Comfort Zone powered by QUANTUM ZXT technology.

Detroit Chinese Business Association to Host Cross Border Investment Summit on April 19 at NextEnergy

The Detroit Chinese Business Association and the Minority Business Development Agency/Dept. of Commerce San Jose will host a full-day conference focusing on collaborative investment opportunities between the United States and China.

Jackson’s Consumers Energy Partners with Seattle Company to Deliver Battery Energy Storage System

Consumers Energy in Jackson has partnered with Doosan GridTech in Seattle to deliver one of the company’s first battery energy storage systems. The Parkview storage system will be deployed at the Colony Farm substation in Kalamazoo and will have a capacity of one megawatt, enough energy to power 1,000 homes for one hour.

Detroit-based Chevrolet Releases 2018 Tahoe Custom Midnight Edition

Chevrolet, a brand of Detroit-based General Motors Co., Tuesday announced the release of the new Tahoe Custom Midnight Edition. The full-size SUV features a bold, black design and improved capability.

Jeep and the World Surf League Partner to Release Virtual Reality Experience

Jeep and the World Surf League (WSL) Tuesday announced the release of their virtual reality experience, called Jeep Sessions: A Surfing Journey in 360.

GM Sales Surge 16% in March, FCA US Jumps 14%, and Ford up 3.4%

Year-over-year sales for the Big 3 were up in March, with a 16 percent jump for Detroit’s General Motors Co., 14 percent for Auburn Hills’ FCA US, and 3.4 percent for Dearborn’s Ford Motor Co.

Michigan’s Council on Future Mobility Creates Public-Policy Plan for Autonomous Transportation

Michigan’s Council on Future Mobility presented a comprehensive public-policy blueprint promoting the development and application of technologies associated with autonomous, automated, and connected vehicles to Michigan Gov. Rick Snyder on Monday.

General Motors Works With Fleet Complete to Accelerate IoT Services for OnStar

Fleet Complete announced today that it is partnering with Detroit-based General Motors Co. to accelerate the delivery of IoT-enabled services on OnStar-equipped (2015 model year and newer) Chevrolet, Buick, GMC, and Cadillac vehicles in the U.S. for small businesses and commercial fleets.

Ann Arbor’s Genomenon Partners with Veritas Genetics to Offer Genomic Information to Consumers

Genomenon, an Ann Arbor-based company that specializes in genomic data search capabilities, has partnered with Massachusetts’ Veritas, a whole genome sequencing company, to allow consumers to more easily interpret results from genetic testing.

Report: Auto Loan Interest Rates are at the Highest Point Since 2009

Edmunds, a car shopping and information platform, today reported interest rates on new vehicle loans in March have hit their highest levels since 2009.

Detroit’s Rocket Mortgage Partners with Marvel for Upcoming “Avengers: Infinity War”

Detroit’s Rocket Mortgage has partnered with Marvel Studios to co-brand a TV commercial campaign. It will shown before the release of Avengers: Infinity War, which is set to open in theaters on April 27.

Air Traffic at Detroit City Airport up 39.5% in 2017 Due to Resurgent Downtown, Opening of Little Caesars Arena

Coleman A. Young International Airport in Detroit recorded 60,000 operations (takeoffs and landings) last year, up 39.5 percent from 43,000 operations in 2016, according to data reported to the FAA. The boom in air traffic is due to a stronger economy, a business resurgence in downtown Detroit, and the opening of Little Caesars Arena last September.

St. John Providence in Southfield First in the World to Enroll Patient in Heart Failure Device Study

Ascension’s Providence-Providence Park Hospital in Southfield today announced it is the first in the world to enroll a patient in the landmark clinical of a miniature, wireless heart failure monitoring device.

Jack and Annette Aronson Debut Great Lakes HPP Food Innovation Center in Taylor on Thursday

Jack and Annette Aronson, co-founders of Garden Fresh Gourmet in Ferndale that they sold in 2015 to Campbell Soup Co. for $231 million, will debut their next venture Thursday in Taylor, the Great Lakes HPP Food Innovation Center.

Texas Home Care Company Purchases Southfield’s Arcadia Home Care and Staffing

Addus HomeCare Corp. of Texas today announced it has acquired the assets of Southfield’s Arcadia Home Care and Staffing. Addus closed the transaction on April 1 for $18.5 million, with funding from the delayed draw term loan portion of its credit facility.

Novi’s ITC Holdings Corp. to Reduce Rates Due to Lower Federal Income Tax Rate

ITC Holdings Corp., an independent electricity transmission company based in Novi, today announced it will reduce its customer rates as a result of a lower federal corporate income tax rate signed by President Donald Trump late last year.

As the Economy Continues to Improve, Employers are Making Pay-rate Strategies a Priority

The continued economic acceleration is creating new pay rate dynamics for employers and employees across metro Detroit and the U.S. Record-low unemployment rates mean many employers now have to consider doing more than they have before to keep or attract talent.

DTE Energy in Detroit Plans to Double Renewable Energy Capacity, Drive $1.7B Investment

DTE Energy in Detroit today submitted its 2018 Renewable Energy Plan to the Michigan Public Service Commission (MPSC) proposing approximately 1,000 additional megawatts of carbon-free electricity from new wind and solar projects in Michigan scheduled to be completed by 2022.

Comcast Business Completes Expansion of Fiber Network Ring in Detroit

Comcast Business in Plymouth Township today announced it has completed a $1.9 million expansion of its fiber-based network in Detroit that will add an additional 70-mile fiber ring to businesses across the city. Capable of delivering up to 100 Gigabits-per-second (Gbps) of network capacity, the fiber ring circles the entire city from Grosse Pointe, north of Highland Park, Dearborn, and the Detroit riverfront.

University of Michigan in Ann Arbor Receives $150M Gift for Cancer Research

Richard and Susan Rogel have committed $150 million to the University of Michigan Comprehensive Cancer Center in Ann Arbor, the university announced Thursday. The gift, which will support cancer research, is the largest ever to Michigan Medicine and one of the largest in U-M history.

Detroit-based GMC Unveils New Sierra AT4 Pickup

GMC, Detroit-based General Motors’ truck division, unveiled its newest addition, the Sierra AT4 pickup, this week at the New York Auto Show. The truck offers off-road capability, as well as innovative technology and an updated look.

U-M in Ann Arbor Opens M-Air, an Autonomous Aerial Vehicle Outdoor Lab

The University of Michigan in Ann Arbor Thursday announced an outdoor fly lab for testing autonomous aerial vehicles is open for use at the College of Engineering.

Southfield-based Denso Starts R&D Team in Israel, Focus on Mobility and Cybersecurity

Denso Corp., a global automotive supplier which has its North American headquarters in Southfield, has announced it will start a satellite research and development team in Israel.

Federal-Mogul Powertrain in Southfield Signs $100M Contract with OEM

Federal-Mogul Powertrain in Southfield today announced the first commercial customer contract for its new product group Controlled Power Technologies (CPT). The long-term contract, worth around $100 million, covers the development and series production of advanced starter-generator systems for an undisclosed OEM.

Global Branding Manufacturer Stahls' in Sterling Heights Provides Employee Bonuses From Federal Tax Reform

Stahls', a global manufacturer, distributor, and direct supplier of garment decoration equipment, materials, transfer technology, and decorated apparel, in Sterling Heights has announced it would be providing all U.S. employees, including those in full-time and part-time positions, as well as student interns, with a one-time "Power Boost Bonus."

Ann Arbor's LLamasoft to Expand to Germany, Austria, and Switzerland

LLamasoft Inc., an Ann Arbor-based company that produces supply chain optimization software and solutions, has announced it will expand into the DACH region of Germany, Austria, and Switzerland, the largest IT market in Europe.

Lincoln Unveils New Aviator in New York

Lincoln unveiled its newest SUV this week in New York, the Aviator. The new vehicle, a three-row, plug-in luxury hybrid, looks to showcase Lincoln's aspirations as it moves toward a more electrified direction.

Anesthesia Associates of Ann Arbor and Midwest Anesthesia Consultants Partner with Private Equity Firm J.W. Childs Associates

Anesthesia Associates of Ann Arbor and Midwest Anesthesia Consultants (A4), an independent provider of anesthesia and pain management services, has partnered with a Boston-based middle-market private equity firm, J.W. Childs Associates. The agreement will combine A4 with J.W. Childs' existing portfolio company, Siromed. J.W. Childs will provide growth equity capital to support the continued expansion of A4.

Roush CleanTech in Livonia is the First to Receive EPA Certification for Alternative Fuel Vehicles

Roush CleanTech in Livonia today announced it is the first propane auto-gas fuel system manufacturer to receive the Environmental Protection Agency's and California Air Resources Board's heavy duty-onboard diagnostics certification for all its engines.

Michigan Ranked Third Nationally in Tech Job Growth After Adding 13K+ Jobs in 2017

Cyberstates 2018, an annual analysis of the nation's tech industry published by CompTIA, today reported that last year Michigan ranked third in the nation in tech job growth, behind California and Texas. Michigan's tech industry expanded by an estimated 13,161 jobs in 2017, and contributed about $34.7 billion to the state's economy.

The Pope's Choir to Return to Detroit Opera House on July 11, Part of National Tour

Following its successful debut in Detroit last year, the Sistine Chapel Choir from Rome, commonly recognized as "the Pope's Choir," will be returning on Wednesday, July 11 to the Detroit Opera House. The visit to Detroit is presented by Corporate Travel Service Inc. in Dearborn Heights.

Wayne State University Receives Dark Sky Land and Robotic Observatory in New Mexico

Wayne State University in Detroit today announced it has taken ownership of the Dan Zowada Memorial Observatory, located in the desert of southwest New Mexico. Russ Carroll, a retired entrepreneur and astronomer, gifted the observatory to the university's Department of Physics and Astronomy in memory of his late friend, Dan Zowada.

Autoliv Breaks Ground on New Tech Center in Southfield

Autoliv, an automotive safety systems manufacturer, has broken ground on a new facility in Southfield.

GM's Cadillac Division Debuts XT4 Compact Luxury SUV

Detroit-based General Motors Co.'s Cadillac division today unveiled the first-ever XT4, an all-new compact luxury SUV. It will be available in the fall, with presale starting next week.

Detroit's Karmanos First Cancer Center in Michigan to Offer New CAR-T Cell Therapy

The Barbara Ann Karmanos Cancer Institute in Detroit is the first center in Michigan to be approved to treat adult patients with diffuse large B-cell non-Hodgkin lymphoma (DLBCL), with the commercially approved chimeric antigen receptor (CAR) T-cell therapy.

Detroit's Adient Partners with the American Center for Mobility

Adient, an automotive seating supplier based in Detroit, today announced a partnership with the American Center for Mobility (ACM). ACM is located on the 500-acre historic Willow Run site in Ypsilanti Township, where it has a 2.5-mile highway loop, intersections, roundabouts and a 700-foot curved tunnel for connected and automated vehicle testing.

MiCommunity Bancorp to Charter Michigan's First New Bank in Nearly a Decade

MiCommunity Bancorp has filed an application to charter a new locally owned, full-service bank to be located in southeast Michigan. The application, which is the first for a new bank in Michigan since 2009, was filed with the Federal Deposit Insurance Corp. and the state of Michigan.

Troy's Class Appraisal Acquired by Narrow Gauge Capital

Boston-based Narrow Gauge Capital (NGC) has announced it has completed the acquisition of Troy-based Class Appraisal, a nationwide provider of real estate asset valuation and appraisal management solutions to the residential mortgage industry.

Lumen Detroit opens in Beacon Park, Offers American Fare with a Twist

Lumen Detroit, a new restaurant from the owners of Big Rock Chophouse in Birmingham and other local eateries, opens today in Beacon Park, an urban park at Cass and Grand River avenues. The park was developed by DTE Energy, which has its headquarters just west of the urban square, with programming overseen by the Downtown Detroit Partnership.

Michigan Alliance for Cultural Accessibility Formed by DIA, DSO, The Henry Ford, and Other Institutions

Cultural institutions in southeast Michigan Monday announced they have partnered to form the Michigan Alliance for Cultural Accessibility. The alliance's focus is to become more accessible to the surrounding community.

Ram Unveils Special Edition Truck for 2018 Kentucky Derby

Ram Trucks, a division of Auburn Hills-based FCA US, today unveiled a limited edition of its all-new 2019 Ram 1500 to commemorate the 144th running of the Kentucky Derby on May 5.

Wayne State Announces $65M Project to Restore and Expand Hilberry Theatre in Detroit's Midtown

Wayne State University in Detroit will build a $65 million complex in the Midtown district, to be called the Hilberry Gateway Performance Project. Approved by the school's Board of Governors on Friday, the project includes the renovation of the current Hilberry Theatre and creation of a large addition for a state-of-the-art venue for theatre, music, dance, and arts-related events.

Southfield's Federal-Mogul Powertrain Partners with Dong Feng Motor Parts in China

Federal-Mogul Powertrain, headquartered in Southfield, today announced it has partnered with Dong Feng Motor Parts and Components Group Co., Ltd., a subsidiary of Dong Feng Motor Corp.

Dearborn's Ford Motor Co. and India's Mahindra Group to Develop SUVs, Electric Vehicle

Ford Motor Co. in Dearborn and Mahindra Group in India have partnered to develop new SUVs, a small electric vehicle, and connected car solutions. The companies have signed non-binding agreements.

JennAir in Benton Harbor Debuts Connected Appliances, Along with Limited-edition Luxury Models

JennAir, a designer and manufacturer of household appliances in Benton Harbor, Thursday revealed three new limited-edition appliances - the Cuts leather column refrigerator and freezer panels, the Smoke and Brass professional-style range, and the Burlesque Refrigerator. The appliances are part of the company's new Bound by Nothing creative campaign.

General Motors Co. Introduces Special Black Editions for 2019 GMC Terrain and Acadia

General Motors Co. in Detroit is darkening its palette with a new pair of SUVs, the 2019 Terrain and Acadia Black Editions.

Detroit Tigers Announce New Food, Concessions, and Events for 2018 Season

The 118th season of Detroit Tigers baseball begins on Thursday, and with it comes new food items, promotions, concessions, fantasy experiences, and ticket packages. The Tigers open their home schedule with a six-game stretch at Comerica Park when they welcome the Pittsburgh Pirates and the Kansas City Royals.

Detroit's Ally Introduces Digital Platform that Pre-qualifies Vehicle Shoppers

Ally Financial Inc., based in Detroit, has announced the development of Clearmatch, a digital service that allows customers to be approved for financing on vehicles in dealer inventories. Clearmatch was developed through Clearlane, Ally's online auto financing platform.

Southfield's Chassix Inc. Acquires Norway's Benteler Automotive Farsund

Chassix Inc., a global automotive supplier of casting and machining solutions based in Southfield, today announced it has acquired Benteler Automotive Farsund's lightweight aluminum low pressure automotive casting business, based in Norway. Terms of the deal were not disclosed.

Beerhead Bar and Eatery to Open this Summer at Fountain Walk in Novi, First Michigan Location

Slated to open in Novi this summer, Yousef Ayyash has finalized plans for the American craft beer bar franchise Beerhead Bar and Eatery to open its doors at 44375 W. 12 Mile Road at Fountain Walk.

Universal Robots in Ann Arbor Launches NextGen "Cobots" with Advanced Vision and Grippers

Next month, Universal Robots in Ann Arbor will introduce the next generation of automation solutions for the supply-chain industry with its collaborative robot arms.

Give and Take Inc. in Ann Arbor Launches Givitas, a Knowledge Collaboration Platform

Ann Arbor-based Give and Take Inc. today announced its knowledge collaboration platform Givitas is available for widespread use in enterprises. As Give and Take's flagship product, Givitas is a technology platform designed to assist organizations apply and scale the concepts of giving and reciprocity that are shared in Adam Grant's bestseller book, Give and Take.

Ann Arbor's Washtenaw Community College to Offer Smart Cities Symposium

As smart grids, autonomous vehicles, and other innovations become commonplace, the "Smart Cities: A Connected Way Forward" symposium will discuss how local governments can prepare for the coming revolution.

Report: Used Vehicle Sales Hit Record High In 2017, Leasing Prices Projected to Rise

Used car sales climbed to an all-time high of 39.2 million vehicles in 2017, according to a new Used Car Report released today by Edmunds, the leading car shopping and information platform.

Beaumont Hospital, Grosse Pointe, Awarded Highest Recognition of Nursing Excellence

Beaumont Hospital, Grosse Pointe has received the highest honor for nursing excellence through the Magnet recognition program of the American Nurses Credentialing Center, a subsidiary of the American Nurses Association. Established in 1994, Magnet recognizes health care organizations for nursing excellence, quality patient care, and innovations in professional nursing practice.

Nino Salvaggio Launches Fresh2Go Digital Shopping Service, Includes Pick Up and Delivery

Nino Salvaggio International Marketplace, a speciality grocer with locations in St. Clair Shores, Troy, and Clinton Township, and a fourth location in Bloomfield Township coming this summer (southwest corner of Maple and Telegraph roads), today announced the launch of Nino's Fresh2Go, an online shopping service.
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