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Canadian Auto Dealership Advisers Open U.S. Office in Grosse Pointe, Looks to Move to Detroit

Dealer Solutions North America, a Canadian company that specializes in advising on and providing strategies for buying and selling automotive dealerships, Monday announced its expansion into the U.S. with the opening of an office in Grosse Pointe. As the company grows, the team is looking to move to Detroit.

Troy-based Automation Alley’s Trade Mission Program Reaches $1B in Total Export Sales Made by Michigan Companies

Automation Alley, a technology and manufacturing business association in Troy, Monday announced the total amount of export sales made by Michigan companies as a result of participation in its trade mission program and other trade-related activities has reached $1 billion.

PVS Chemicals in Detroit Makes Two Leadership Changes

As part of a planned succession transition, the board of directors of PVS Chemicals in Detroit voted to make two leadership changes. Effective July 1, Jim M. Nicholson will move from president and CEO to co-chairman of the board. He will serve alongside James B. Nicholson, who will continue his role as co-chair. David A. Nicholson will take on the role of president and CEO after serving as group CEO for PVS manufacturing assets.

Metro Detroit Homes Prices Climb 8.2% in May, Sales and Listings Decline

The median sales price for homes sold in metro Detroit rose 8.2 percent to $215,975 in May, as compared to $203,213 in April and $199,588 in May 2017, according to a report released today by Re/Max of Southeastern Michigan in Troy.

FCA in Auburn Hills Unveils 2019 Dodge Durango Pursuit

Fiat Chrysler Automobiles in Auburn Hills Friday debuted its 2019 Dodge Durango Pursuit for public safety officials. The vehicle has improved brake performance and durability, as well as performance-tuned, load-leveling suspension.

General Motors Offers First Responders Special Pricing for Chevrolet, Buick, GMC, and OnStar

General Motors Co. in Detroit is offering a special pricing plan to first responders on Chevrolet, Buick, and GMC cars, as well as OnStar products.

Researchers at Ann Arbor’s U-M Find Biodiversity Improves Stability of Algae Biofuel Systems

Researchers at Ann Arbor’s University of Michigan today announced findings that a diverse mix of species improves the stability and fuel-oil yield of algae biofuel systems, as well as their resistance to invasion by outsiders.

MSU in East Lansing Hosts U.S. Particle Accelerator School

Michigan State University in East Lansing is hosting the summer 2018 session of the U.S. Particle Accelerator School (USPAS), a national graduate-level training and workforce development program in accelerator science and engineering. The program is funded by the Office of High Energy Physics, which is in the U.S. Department of Energy Office of Science (DOE-SC).

Ford Motor Co. in Dearborn to Launch Beekeeping Program at its Global Headquarters

Dearborn’s Ford Motor Co. Friday announced it will launch a global beekeeping program this month with six new honeybee hives at its Dearborn headquarters. The program is designed to support honeybee populations, the local ecosystem, and gardening and farming communities.

Ann Arbor’s Amesite Inc. Announces Closing of $5.5M Private Placement Financing

Ann Arbor’s Amesite Inc., a development-stage artificial intelligence software company targeting the college course market, Thursday announced the closing of a $5.5 million private placement financing, including about $1 million from insiders, and the completion of a go-public transaction through a reverse merger with Lola One Acquisition Corp.

Jackson’s Consumers Energy Plan Outlines Path to Zero Coal Usage

Consumers Energy in Jackson has announced it will file an integrated resource plan this week with the Michigan Public Service Commission that outlines the path to using zero coal while ensuring affordable and reliable energy.

Jefferson Beach Marina in St. Clair Shores and Toledo Beach Marina in La Salle Acquired by Dallas Company

Safe Harbor Marinas in Dallas has announced the acquisition of two marinas in Michigan – Jefferson Beach Marina in St. Clair Shores and Toledo Beach Marina in La Salle. Terms of the deal were not disclosed.

Dearborn’s ChannelNet Partners with Canada’s White Clarke Group to Provide Financing Software

ChannelNet in Dearborn, a digital engagement company, Thursday announced a partnership with White Clarke Group, a finance technology company in Ontario, to offer an end-to-end financing solution to the global asset finance market.

Entrepreneurs Compete for $1.2M in Funding From Detroit’s Quicken Loans

More than 500 Detroit business owners who applied to pitch at Quicken Loans Detroit Demo Day has been narrowed down to 15 finalists, who will take the stage at the Music Hall for Performing Arts on June 22. Seven winning companies will receive a total of $1.2 million in funding from Quicken Loans.

Horizon Global Corp. in Troy Terminates Brink Group Acquisition Agreement

Troy’s Horizon Global Corp., a manufacturer of branded towing and trailering equipment, today announced it and H2 Equity Partners in the Netherlands have mutually agreed to terminate the Brink Group acquisition agreement, effective June 14. As part of the termination agreement, Horizon Global agreed to pay a break fee to the Brink Group of €4.75 million.

Dearborn’s Ford Introduces Two Fuel-efficient Taxis

Ford Motor Co. in Dearborn today unveiled two taxis: the 2019 Transit Connect Taxi, which has a diesel engine, and Ford’s most fuel-efficient, purpose-built taxi – the 2019 Fusion Hybrid Taxi.

Plymouth Township’s Varroc Group and Varroc Lighting Systems Open Tokyo Office

Varroc Lighting Systems, a Plymouth Township-based global exterior vehicle lighting supplier, along with its parent company, Varroc Group, is opening a customer and business development center in Tokyo.

East Lansing’s MSU Releases Genetic Engineering Kit for Biofuel-producing Algae

Scientists at East Lansing’s Michigan State University have released a new genetic engineering toolkit for the algae species Nannochloropsis oceanica, which is of interest for the production of biofuels and other oil-based chemicals.

New Workspace Opens With Detroit Artists’ Test Lab

Detroit Artists’ Test Lab, a 12,000-square-foot incubator and gallery space, is now open. Located at 14600 Mack Ave. on Detroit’s east side, the space includes a 2,500-square-foot professional photography studio, a 3,500-square-foot event/gallery space, and a podcast studio for rent.

Auburn Hills’ Dodge Announces Fourth Annual Legal Drag Racing at M1 Concourse in Pontiac

Auburn Hills’ FCA Wednesday announced its fourth annual Roadkill Nights Powered by Dodge, a day of legal drag racing and thrill rides scheduled for Saturday, Aug. 11 at the M1 Concourse in Pontiac.

Detroit Startup Equips Consumers with Digital Car Lease Calculator

Detroit startup Lease Riot has launched a new way to create, customize, and compare new car lease prices on its site, LeaseRiot.com.

Proposed Regional Mass Transit Plan Draws 62% Approval Rating in New Poll

The Regional Transit Authority of Southeast Michigan today released the results of a survey of southeast Michigan residents that shows strong support for the proposed Connect Southeast Michigan transit plan across Macomb, Oakland, Washtenaw, and Wayne counties.

Dearborn’s Ford Introduces Hybrid Police Interceptor Utility

Ford Motor Co. in Dearborn Tuesday introduced its Police Interceptor Utility, the industry’s first pursuit-rated hybrid SUV. The SUV offers improved pursuit performance, lower operating costs, and all-wheel drive. The hybrid batteries are placed so they don’t compromise passenger or cargo space.

Plymouth Township’s HELLA Expands in Mexico

HELLA in Plymouth Township, which is expected to open a new administrative and technical center in Northville Township at the beginning of 2019, Monday announced it has expanded its production capacities in the NAFTA region with a new plant in Mexico.

Troy’s PPG to Introduce Low-energy Paint Process for Automotive OEMs

PPG, a Pittsburgh-based paints, coatings, and materials company, Tuesday announced it will introduce a low-energy paint process for automotive OEMs during the inaugural SURCAR North American Congress June 13-14 at Detroit’s Roostertail event complex. PPG’s Automotive OEM Coatings is headquartered in Troy.

eFlex Systems in Rochester Hills Partners with Wixom’s Light Guide Systems

eFlex Systems, a Rochester Hills-based provider of assembly solutions, has partnered with Light Guide Systems in Wixom to add augmented reality features into eFlex’s Job Element Monitor (JEM) work instruction module, which is part of its web-based assembly software.

Royal Oak’s Arts, Beats & Eats Announces New Community Partnerships

The 21st Annual Ford Arts, Beats & Eats in Royal Oak has announced a number of new features for the festival, which will take place Aug. 31-Sept. 3. They include a spotlight on the culinary, theatre, and visual arts talents of local college students, as well as enhanced health and wellness programming. The event will continue to showcase art, music, and restaurant participants.

Detroit’s American Axle and Manufacturing to Supply Power Transfer Units to Ford Crossovers

Detroit’s American Axle and Manufacturing (AAM) Monday announced it will supply power transfer units (PTU) for Ford Motor Co.’s crossover vehicles with all-wheel drive, starting with the 2019 Ford Edge and Lincoln Nautilus.

Detroit-based GMC Introduces 2019 Yukon Graphite Editions

GMC, a division of General Motors Co. in Detroit, is expanding its premium Yukon line with the addition of two 2019 Graphite Editions. The all-new Yukon Graphite Edition offers a darkened exterior appearance, while the Yukon Graphite Performance Edition adds vehicle performance upgrades.

AM General in Auburn Hills Debuts Next Generation Light Tactical Vehicle

Auburn Hills-based AM General, a global vehicle solutions provider, Monday debuted its next generation light tactical vehicle, the NXT 360. The new offering highlights changes to the High Mobility Multipurpose Wheeled Vehicle (HMMWV) platform.

Detroit’s General Motors Co. Releases Sustainability Report, Works Toward All-electric Portfolio

General Motors Co. in Detroit today released its latest Sustainability Report, which is designed to help the automaker address societal and environmental challenges while transforming the future of mobility and following a vision of zero crashes, zero emissions, and zero congestion.

Luxury Housing Developments Planned for Royal Oak, Birmingham

Two new luxury housing developments are being built in Birmingham and Royal Oak. The Park West Luxury Residences, a $5-million, 12-apartment development in Royal Oak, and The Westbrown, a $20 million, eight-unit townhouse development in Birmingham, are expected to be completed in 2019.

Ann Arbor-based University of Michigan’s Desai Accelerator Invests in Six Startups

The Desai Accelerator, a joint venture between the Ann Arbor-based University of Michigan’s Ross School of Business and the College of Engineering, Monday announced it has welcomed six teams into its 2018 cohort. The two schools also debuted an expanded intern program.

Crown Enterprises in Warren Confirms Sale of Detroit’s Michigan Central Depot to Ford Motor Co.

Matthew Moroun, chairman of Crown Enterprises Inc. in Warren, today announced that the company has completed the sale of Michigan Central Depot at Michigan Avenue and 14th Street west of Detroit’s Corktown district to an entity representing Ford Motor Co. The 505,000-square-foot depot has been vacant since 1988.

Faurecia in Auburn Hills Partners With Chinese Automobile Manufacturer

Auburn Hills’ Faurecia, an automotive technology company, today signed a strategic partnership framework agreement with FAW Group, a leading Chinese automobile manufacturer, to develop cockpit of the future technologies and sustainable mobility solutions.

Plymouth Township Auto Supplier Adient Appoints Interim CEO

Adient, a global company in automotive seating based in Plymouth Township that is planning to move its headquarters to downtown Detroit, today announced its board of directors has appointed Frederick “Fritz” Henderson interim CEO and John M. Barth, Adient’s current lead director, interim chairman of Adient’s board.

AxleTech in Troy Develops Suspension Axle System Concept for the Military

Troy’s AxleTech today announced it is developing a next-generation 5000 series electric independent suspension axle system concept (eISAS). It was unveiled at Eurosatory 2018 in Paris, the largest international defense and security exhibition.

Battle Creek’s Freedom Motors Announces Wheelchair-Accessible Trucks and SUVs, Including Cadillac, Chevrolet, and GMC

Freedom Motors in Battle Creek, a manufacturer of wheelchair-accessible vehicles, Friday announced the arrival of its new truck and full-size SUV line. The vehicles are available now.

Holland, Mich.’s JR Automation Acquires Auburn Hills’ Esys Automation

JR Automation, a Holland, Mich.-based provider of intelligent automated manufacturing and distribution technology systems, Friday announced it has acquired Auburn Hills’ Esys Automation, a full-service automation solutions provider with significant systems, controls, and software engineering expertise. Details of the transaction were not disclosed.

Wayne County Commission Approves Sale of Four Justice Facilities to Detroit’s Rock Ventures, Failed Jail Site Demolition Begins Soon

Rock Ventures, a real estate company owned by Dan Gilbert, founder and chairman of Quicken Loans Inc. in Detroit, plans to soon begin demolishing the “failed jail” site it recently acquired from Wayne County at I-375 and Gratiot Avenue in downtown Detroit. The plan is to complete the demolition this summer.

Dearborn’s Ford Commercial Solutions Introduces Two Products to Increase Fleet Connectivity

Dearborn-based Ford Motor Co.’s Ford Commercial Solutions Thursday announced two products designed to allow fleets easy access to vehicle data. Its first product transmits information from vehicles directly to the cloud, while its second product collects information and distills it to provide police fleets with insights that can help improve fleet efficiency and driver behavior.

Facebook Pledges to Train 1M People in Digital Skills, Training Already Underway in Michigan

Facebook today announced a pledge to train 1 million people across the United States in digital skills by 2020. The company has already started working with 16 Michigan companies that are focused on skills-building and job placement and has run free workshops across the state.

Ascension Michigan Renames Facilities in Rebrand

Ascension Michigan in Warren Thursday announced it has renamed its hospitals in southeast Michigan to integrate its brand.

Manistique, Mich.’s Mackinac Financial Corp. to Acquire Wisconsin’s Lincoln Community Bank

Mackinac Financial Corp. in Manistique, Mich., and Lincoln Community Bank in Merrill, Wis., Thursday announced Mackinac will acquire Lincoln for $8.5 million in cash. Mackinac is the holding company for mBank.

Michigan’s Biggest Entrepreneurial Conference TiE Scheduled for Oct. 6

The Detroit chapter of TiE, a nonprofit organization dedicated to fostering entrepreneurship in Michigan and globally, has announced TiECon Detroit 2018, Michigan’s largest entrepreneurial conference, will be held on Oct. 6 at Suburban Collection Showplace in Novi.

General Motors Partners With Honda on Next Generation Battery Development

Detroit-based General Motors Co. and Tokyo-based Honda today announced an agreement for new advanced chemistry battery components. The battery will deliver higher energy density, smaller packaging, and faster charging capabilities for both companies’ future products, mainly serving the North American market.

Absopure in Plymouth Township to Distribute Mountain Valley Spring Water in Michigan

Plymouth Township’s Absopure, a provider of bottled water and other refreshment delivery services that was founded in 1908, has partnered with Arkansas’ Mountain Valley Spring Water Co. to deliver its water products throughout Michigan.

Sales Begin for Condominium Development in Detroit’s Brush Park, Move-in Expected in the Fall

James Place Lofts, a new 11-condominium development in Detroit’s Brush Park, are expected to be move-in ready when construction is completed in the fall. Sales have already begun for the site, which is located at 262 Mack Ave. The design was led by Royal Oak’s Krieger Klatt Architects.

West Michigan’s Herman Miller Leads Investors in Acquisition of Netherlands’ Maars Living Walls

Herman Miller Inc., a global designer and furniture manufacturer based in Zeeland, Mich., today announced it is leading a group of investors to acquire Maars Living Walls, a global designer and manufacturer of standard and customized modular walls based in the Netherlands.

Bell’s Beer Bayview Mackinac Race Prepares for its 94th Year

Detroit’s Bayview Yacht Club today announced the kickoff for the 2018 Bell’s Beer Bayview Mackinac Race. The 94th annual running of the Bayview Mackinac Race starts on Saturday, July 14, with the first boats crossing the starting line at 11:30 a.m. on Lake Huron, just north of the Blue Water Bridge.

Startup Week Returning to Detroit, Josh Luber of StockX a Keynote Speaker

Techstars Startup Week Detroit, a free weeklong celebration of the Detroit entrepreneurial community, is slated to come to Detroit June 18-22. Marcus Lemonis, who is a serial entrepreneur and is on CNBC’s “The Profit,” is the keynote headliner.

DMC to Occupy New $65M Sports Medicine Center and Office Center in The District Detroit

The Detroit Medical Center and Olympia Development of Michigan today announced a long-term agreement to build a state-of-the-art facility along Woodward Avenue, immediately north of Little Caesars Arena, in The District Detroit.

Cadillac To Expand Super Cruise Across Entire Lineup, Other Brands

Cadillac, a brand of Detroit-based General Motors Co., plans to expand the rollout of Super Cruise, the world’s first hands-free driver assistance feature for the freeway. Super Cruise will be available on all Cadillac models, with the rollout beginning in 2020.

Troy’s Cantoro Italian Trattoria Restaurant Opens in Former Tre Monti Space along Big Beaver

Cantoro Italian Trattoria in Troy, the second restaurant for Cantoro Italian Market and Trattoria, has opened for dinner, owners John and Michael Fallone announced Tuesday. Lunch services are expected to begin later this summer.

Novi’s Lineage Logistics Acquires Wisconsin Cold Storage Provider, Four Leased Cold Storage Warehouses

Lineage Logistics in Novi, a provider of temperature-controlled supply chain solutions, Tuesday announced it has acquired Wisconsin’s Service Cold Storage (SCS), a cold storage provider, as well as a portfolio of four leased cold storage warehouses in markets across four states. Terms of the transactions were not disclosed.

PlanetM Launches $1M Grant Program to Support Mobility Startups

PlanetM, Michigan’s mobility-focused brand and business development program, Tuesday announced it has launched a grant program of more than $1 million to support mobility startups. The two-part program includes a PlanetM Pilot Grant and a PlanetM Testing Grant. Both were unveiled during the 2018 ITS America Annual Meeting that was held in Detroit.

Michigan Department of Transportation Tests Vehicle to Infrastructure Technology on SMART Bus

The Michigan Department of Transportation today announced that vehicle to infrastructure technology is being tested on a section of M-97, or Groesbeck Highway, in Macomb County. Six intersections of M-97 have been equipped with dedicated short-range communications (DSRC) devices that transmit information from the signal to inside a bus via an onboard unit to inform the driver of signal timing changes and potential red-light violations.

Troy’s Flagstar Bank to Acquire 52 Branches and $2.3B in Deposits from Wells Fargo Bank

Flagstar Bancorp Inc., which has its headquarters in Troy, today announced that Flagstar Bank has signed an agreement to acquire 52 Wells Fargo Bank branches in Indiana, Michigan, Wisconsin, and Ohio. The deal will include $2.3 billion in deposits and $130 million in loans, along with related assets.

Road Commission for Oakland County Selects Toronto-based P3 Mobility for Vehicle Infrastructure Project

Oakland County and the Road Commission for Oakland County (RCOC) have selected Toronto-based P3 Mobility (P3M) through an open bid to launch a pilot program to test connected vehicle infrastructure and determine whether an innovative business model to monetize that infrastructure is viable.

Canada’s Miovision Unveils World’s Smartest Intersection in Detroit

Miovision, a smart intersection technology company based in Canada, today unveiled what it calls the World’s Smartest Intersection in downtown Detroit. The intersection is a system of sensors, video-based detection, connected traffic signals, and remote monitoring capabilities composed of five intersections along Larned Street.

Ann Arbor’s U-M Launches Driverless Shuttle on North Campus

The Mcity Driverless Shuttle, a research project at Ann Arbor’s University of Michigan, launched today on the north campus. Mcity, which operates a 32-acre connected and automated vehicle test facility nearby, is studying how passengers react to the driverless shuttles to gauge consumer acceptance of the technology. The shuttles are equipped with onboard cameras and Wi-Fi communications to capture data generated during operation.

Michigan Department of Transportation Partners With Washington Company for Traffic and Mobility Analytics

The Michigan Department of Transportation has selected INRIX for real-time traffic and mobility intelligence as part of a three-year agreement, INRIX announced Monday. INRIX is a Washington-based company specializing in connected car services and transportation analytics.

National Women’s Business Conference to be Held at Cobo Center in Detroit for the First Time

The 2018 Women’s Business Enterprise National Council National Conference and Business Fair will be held June 19-21 at Detroit’s Cobo Center. This is the first time the event, which is in its 19th year, will be held in Detroit. About 6,000 attendees are expected.

Southfield’s Accenture to Relocate to Detroit, Add 200 Tech Jobs, Launch Innovation Hub in Livonia

Accenture today announced it would relocate its office to downtown Detroit from Southfield this fall, and that is launched an innovation hub in Livonia designed to help companies in the automotive, industrial equipment, technology, energy, and utilities industries address the shift to digital products and services, transform their engineering, manufacturing, and field operations, and digitize their enterprises. The company will also add 200 technology jobs to the local market by the end of 2020.

Champion Enterprises Holdings in Troy Combines Operations With Skyline Corp. in Indiana

Troy’s Champion Enterprises Holdings, the parent company of Champion Home Builders Inc., today announced it has combined its operations with Indiana’s Skyline Corp. The factory-built housing company will be called Skyline Champion Corp.

Detroit’s Workforce Intelligence Network and Ralph C. Wilson Foundation Announce Apprenticeship Opportunities

The Detroit-based Workforce Intelligence Network for Southeast Michigan (WIN) today announced Detroit’s Ralph C. Wilson Foundation will provide $1.5 million in funding to cover training costs for the first 100 apprentices accepted into the Apprenti program over the next three years.

Universal Forest Products Inc. in Grand Rapids Acquires Georgia Packaging Products Company

Grand Rapids’ Universal Forest Products Inc. today announced one of its subsidiaries has closed on the acquisition of the operating assets of Georgia’s North American Container Corp. (NACC), a manufacturer of structural packaging products. The acquisition adds steel, corrugated, and hardwood packaging to Universal’s portfolio of industrial products. Terms of the deal were not disclosed.

U-D Mercy Law School to Offer Intellectual Property Certificate for Working Professionals

The University of Detroit Mercy School of Law today announced it will offer a new online certificate program called Certificate in Law – Intellectual Property. It was developed to address the increasing demand to safeguard intellectual property assets such as inventions, marks, technological innovations, and artistic works.

Report: Business Investment in R&D Lagging

A report released today by the Information Technology and Innovation Foundation (ITIF), a Washington, D.C.-based think tank for science and technology policy, has found the rate of growth for business R&D investment as a share of GDP has been lagging. In order for the United States’ innovation economy to remain strong, the report recommends the country enact more robust policies to support business and federal R&D.

FCA Will Bolster Jeep and Ram Brands With Nine New Products, Launches Financial Services Arm

On Friday, Fiat Chrysler Automobiles’ CEO Sergio Marchionne put to rest rumors that the company was phasing out the Chrysler brand.

Novi’s DexKo Global Acquires G&S Chassis, Expands its Australian Operations

DexKo Global Inc., a Novi-based trailer running gear, chassis assemblies, and related components company, today announced it has expanded its Australian operations with the acquisition of G&S Chassis, and Hume Caravan and Camping Accessories.

Troy’s Protean Electric Secures $40 Million In New Equity Financing

Protean Electric, which has its North American headquarters in Troy, announced the completion of a $40 million equity investment today as the initial closing of its Series E funding round. Protean is an automotive technology company and the world’s leader of in-wheel electric drive systems.

Airbnb Sets Record in Detroit for Overnight Visitors Due to 2018 Movement Music Festival

Airbnb, an online hospitality company, today reported it set a record for the number of guests that used its digital lodging platform in Detroit, citing the Movement Music Festival held at Hart Plaza over the Memorial Day weekend as the largest contributor to reaching the benchmark.

Korean Street Food Restaurant to Open in Downtown Royal Oak

Gogi Seoul Kitchen, a restaurant serving Korean-inspired street food and traditional Asian beverages, is slated to open in Royal Oak on Tuesday, Jon Carlson, managing partner of the restaurant announced today.

Drybar Blow Dry Salon to Open Location in Downtown Birmingham

Blowout salon and blow dry bar Drybar is slated to open its first Michigan location on Friday, June 15 in Birmingham.

Japan’s SoftBank Vision Fund Invests $2.3B in Detroit’s GM Cruise Holdings

General Motors in Detroit today announced Japan’s SoftBank Vision Fund will invest $2.3 billion in GM Cruise Holdings LLC, GM’s self-driving branch. The automaker says the investment will strengthen its plans to commercialize autonomous vehicle technology on a large scale.

Auburn Hills-based FCA US Expands Partnership With Waymo

Auburn Hills-based FCA US LLC and Waymo today announced they will expand their partnership with an agreement to add up to 62,000 Chrysler Pacifica Hybrid minivans to Waymo's self-driving fleet. The venture builds upon a previous commitment, announced in January, to deliver thousands of vehicles to Waymo's driverless transportation service. Vehicle delivery is expected to begin in late 2018.

Detroit Mobility Lab Creates Talent Portal Called Michigan Mobility Institute

The Detroit Mobility Lab, a new entity dedicated to making Detroit one of the world’s foremost future mobility ecosystems, today announced an initiative to create the Michigan Mobility Institute (MMI), which will focus on educating a new mobility talent infrastructure of professionals within artificial intelligence, robotics, cybersecurity, and other fields.

Michigan Identifies $50M for Soo Locks Upgrade, Waits for Federal Funding

Michigan Governor Rick Snyder Wednesday announced the state has identified about $50 million in infrastructure funding to commit to an upgrade of the Soo Locks in Sault Ste. Marie. The state has also set aside more than $330 million for road improvements for the upcoming budget year.

BlueWillow Biologics in Ann Arbor Patents Cancer Vaccine

Ann Arbor’s BlueWillow Biologics Wednesday announced the issuance of a U.S. patent on its vaccine titled, “Cancer Vaccine Compositions And Methods Of Using The Same" to the University of Michigan in Ann Arbor, under an exclusive license to BlueWillow.

Campaign to Retain, Attract STEAM Talent to Michigan Unveiled

Gov. Rick Snyder today unveiled a new talent attraction campaign, Choose Michigan. The campaign, announced at the Mackinac Policy Conference hosted by the Detroit Regional Chamber, seeks to retain and attract current and future STEAM talent.

Meridian Health Plan in Detroit Acquired by Florida’s WellCare for $2.5B

WellCare Health Plans Inc. in Tampa today announced it has entered into a definitive agreement to acquire Meridian Health Plan of Michigan Inc., Meridian Health Plan of Illinois Inc., and Meridian Rx, a pharmacy benefit manager, for $2.5 billion in cash. The transaction is expected to close by the end of 2018.

Gov. Rick Snyder, State Announce $8M Michigan Mobility Challenge

Michigan Governor Rick Snyder today announced the Michigan Mobility Challenge, an $8-million grant initiative to address core mobility gaps for seniors, those with disabilities, and veterans.

The Michigan Science Center and the Ford Motor Co. Fund Debut World Science Festival in Detroit

Programming from New York’s World Science Festival will debut at the Michigan Science Center in Detroit on June 2 and 3. The World Science Festival, which is in its 11th year, takes science out of labs and into public spaces such as streets, parks, museums, and galleries.

Southfield’s Beaumont Health Invents New Mode of Proton Therapy for Lung Cancer

Beaumont Health in Southfield Tuesday announced it has invented a new mode of proton treatment for lung cancer.

Detroit Historical Society Names Elana Sullivan New Executive Director and CEO

The Detroit Historical Society Tuesday announced Elana Sullivan has been named executive director and CEO after an extensive search. She will replace longtime CEO Bob Bury, who is retiring to pursue new opportunities.

Wayne State University in Detroit Launches Program to Regain Students Who Have Debt, but No Degree

Wayne State University in Detroit today launched its Warrior Way Back program, which will allow students who left the university to return and complete their degrees while earning university debt forgiveness.

Troy’s Kresge Foundation Provides $1.5M for 18 Detroit Community Projects

The Kresge Foundation in Troy today announced $1.5 million in grants for 18 new projects and planning efforts in Detroit’s neighborhoods. The grants are the first to be awarded as part of a $6 million, three-year relaunch of Kresge Innovative Projects: Detroit.

Novi’s DexKo Global Acquires Minority Shareholding in Air Suspension Company in the Netherlands

DexKo Global Inc., a Novi-based manufacturer of chassis technology, assemblies, and accessory parts, has acquired a minority shareholding in VB-Airsuspension B.V., which is based in Varsseveld, Netherlands. Details of the transaction were not disclosed.

Southfield Firm Brokers Deal Between SoundCom Corp. and Ametek Inc.

Ametek, a supplier of electronic equipment in Pennsylvania, has acquired SoundCom Corp., based in Cleveland. P&M Corporate Finance LLC (PMCF) in Southfield made the announcement and served as the exclusive financial adviser for the deal.

Charlotte’s Spartan Motors Awarded Four-year Contract with the National Joint Powers Alliance

Spartan Emergency Response, a business unit of Charlotte, Mich.’s Spartan Motors Inc., today announced it has been awarded a four-year contract with the National Joint Powers Alliance (NJPA), a municipal contracting agency.

Downtown Detroit Partnership Perceptions Survey Shows Positive Impressions of CBD

The Downtown Detroit Partnership (DDP) and the Downtown Business Improvement Zone (BIZ) today released the results of its 2018 Perceptions Survey, which showed that overall impressions of the central business district are positive.

Block Auction House Opens in Ferndale, Will Host Community Events

Block Auction House, an affiliate of Aaron’s Estate Sales in Birmingham, Friday announced it has completed its move into a new auction house in Ferndale.

Tata Technologies Moves North American Headquarters to Detroit

Tata Technologies, a Tata Group company and a global engineering consulting organization, today announced it is relocating its North American headquarters to Detroit from Novi in early 2019.

Michigan’s Craft Beer Industry Grows to More Than 250 Breweries, Drives $2B in Economic Activity

The Michigan Association of CPAs (MICPA) in Troy, in a new report, announced that Michigan is the fourth largest state in the country for the number of breweries per capita, with more than 250 craft breweries that add more than $2 billion in total economic contribution to the state. Of this, $600 million are in direct wages.

General Motors Co. in Detroit Opens Race Display in Renaissance Center

Detroit’s General Motors Co. today announced it has opened a display of a dozen modern and vintage racing vehicles and pace cars from across the motorsports spectrum in GM World, a new display area at its world headquarters at the Renaissance Center.

Ann Arbor’s Strata Oncology Secures $26M in Series B Funding

Strata Oncology, a precision oncology platform company based in Ann Arbor, has announced the close of a $26 million Series B funding round.

Standard & Poors Raises Beaumont Health’s Long-term Credit Rating to A+

Beaumont Heath in Southfield today announced its long-term credit rating has been raised to A+ from A with a stable outlook by Standard & Poors (S&P).

Quicken Loans Partners with Grand Circus and CSforALL to Offer Coding Training to Detroit Students

Quicken Loans Inc. in Detroit Thursday announced a partnership with Detroit’s Grand Circus and CSforALL in a step toward ensuring 15,000 Detroit students receive computer science training over the next five years.

Report: Wage Increases Lower Than Expected, According to Livonia’s American Society of Employers

The American Society of Employers (ASE), a Livonia-based employer association that has served Michigan employers for 115 years, Wednesday released its 2018 Compensation Survey results. While expected wage increases have not come through, the human resources, medical, and engineering fields saw the highest increases.
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