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Ford Debuts Co-Pilot360, Includes Standard Automatic Emergency Braking, and Blind Spot and Lane Keeping Systems

Ford Motor Co. in Dearborn today announced its Ford Co-Pilot360, which it touts as the most advanced suite of standard driver-assist technologies among full-line brands, aims to help people around the world more safely and confidently face congested roads.

Detroit-based General Motors Takes Next Step Toward Manufacturing Self-driving Vehicles in Michigan

After more than a year of building test vehicles for development of its self-driving technology, General Motors Co. in Detroit today announced it will build production versions of its Cruise AV at its Orion Township assembly plant.

Detroit's Ralph C. Wilson Jr Foundation Partners with MIT for Inclusive Innovation Challenge, Host Event Locally in September

The Ralph C. Wilson Jr. Foundation in Detroit and the Massachusetts Institute of Technology today announced that the foundation will support the MIT Initiative on the Digital Economy and its annual Inclusive Innovation Challenge (IIC).

Cloud Data Provider Plex Systems in Troy Achieves Record Year

Plex Systems, a cloud ERP for manufacturers which has its headquarters in Troy, today announced it achieved a record year in 2017, with nearly 600 manufacturers now running Plex programs in approximately 2,000 facilities around the world.

Hair Color Concept Salon Dynfly Opens in Canton Township, Plans Expansion and Franchise Opportunities

Dynfly, a color concept salon dedicated to quick and convenient professional hair coloring, today announced it has opened a flagship location at 41810 Ford Road in Canton Township.

StockX in Detroit Debuts Charity Initiative That Pairs Celebrities with Civic Causes

StockX in Detroit, an online "stock market of things" for consumer products, today announced the launch of StockX Charity IPOs, a charity initiative aimed at partnering celebrities with nonprofit civic causes. StockX, founded in 2016 by Josh Luber, Greg Schwartz, and Dan Gilbert, is part of the Quicken Loans family of companies.

Auburn Hills-based Nexteer Reports Strong Performance in 2017

Nexteer Automotive, a Tier 1 supplier in Auburn Hills, reported financial results for 2017, with revenue reaching nearly $3.9 billion, an increase of 1 percent compared with 2016. Nexteer also had an operating profit of $428 million (a 3.1 percent increase over 2016) and a net profit of $352 million (an increase of 19.4 percent from 2016).

Industry 4.0 Specialist Eckhart Opens New Technology Center in Warren

Eckhart, founded in Michigan in 1958 as a supplier to global manufacturers, today announced it has opened a 47,000 square-foot Advanced Technology Center in Warren. The new center will serve as the company’s technology showcase.

Jeep Launches Marketing Campaigns for the 2018 Jeep Wrangler and 2019 Jeep Cherokee

FCA US, which has its North American headquarters in Auburn Hills, today announced that its Jeep brand is launching multi-faceted marketing campaigns for the new 2018 Jeep Wrangler and new 2019 Jeep Cherokee. Both campaigns are running across television and print, in addition to digital and social channels.

Troy-based Flagstar Bank Finalizes Acquisition of Mortgage Warehouse Portfolio from Santander

Flagstar Bancorp, headquartered in Troy, today reported it has finalized the acquisition of the mortgage warehouse loan portfolio from Santander Bank, including approximately $1.7 billion in loan commitments. Terms of the transaction were not disclosed.

MedHealth Summit to be Held April 19 at Detroit's Garden Theatre

MedHealth Summit, to be held April 19 at Detroit's Garden Theatre for medical device and digital health professionals in southeast Michigan and southwest Ontario, will explore innovative technology-based solutions to the region's most important healthcare challenges.

Battelle and Traverse City-based Core Energy Partner To Store CO2 Beneath Earth's Surface

a Battelle-led team known as Midwest Regional Carbon Sequestration Partnership (MRCSP) has successfully stored one million metric tons of carbon dioxide as part of its large-scale demonstration project.

TomTom's Real-Time Electric Vehicle Service Arrives in North America

TomTom, a global navigation technology company with offices in Detroit, announced that its electric vehicle (EV) service, designed to help make drivers more informed decisions about when and where to charge their vehicles, is now available in North America.

Detroit Tigers Add New Safety Netting System At Comerica Park

The Detroit Tigers today announced that beginning with the 2018 season, Comerica Park will feature a new netting system, extending past the dugouts and down the baselines. The new netting covers a much greater area and is some of the thinnest in baseball.

Blo Detroit Opens Saturday Along Washington Blvd., World's Largest Such Franchise

Blo Detroit, a franchise of Blo Blow Dry Bar which bills itself as the largest such franchise in the world with more than 110 locations, will open Saturday at 1550 Washington Blvd. in downtown Detroit (northeast corner of Washington and Clifford).

City of Detroit Plans to Acquire Closed Rogell Golf Course, Convert into Green Space and Private Development

The City of Detroit's Housing and Revitalization Department today submitted a request to City Council to authorize the purchase of the former Rogell Golf Course, a 120-acre property located at the southwest corner of the intersection of Lahser and Seven Mile roads.

BorgWarner in Auburn Hills Supplies Ford with Fuel Efficient Eco-Launch System

BorgWarner Inc. in Auburn Hills, a Tier 1 auto supplier focused on clean and efficient technology solutions for combustion, hybrid, and electric vehicles, today announced it assisted Ford Motor Co. in Dearborn in delivering better vehicle efficiency with the Eco-Launch stop/start solenoid valve and hydraulic accumulator.

Ford Brings Back California Special For 2019 Mustang

Ford Motor Co. in Dearborn, is bringing back a little bit of nostalgia for the 2019 Mustang.

Detroit Mayor Mike Duggan Details $250M Multifamily Affordable Housing Fund

Detroit Mayor Mike Duggan today provided more details of his plan announced during his recent State of the City address to establish a $250 million multifamily affordable housing fund that will preserve 10,000 existing affordable housing units in neighborhoods as well as develop 2,000 new affordable housing units in the city's coordinated neighborhood planning areas

Andrew N. Liveris to Retire as Executive Chairman of DowDuPont in Midland

DowDuPont in Midland, formed last year from the merger of Dow and DuPont, today announced that Andrew N. Liveris will be transitioning out of the role as executive chairman, and then retiring as the Materials Science Division of the company progresses on its succession process.

Automation Alley in Troy to Host Information Session on Expo 2020 in Dubai, Previously World's Fair

Automation Alley, a Troy-based technology and manufacturing business association, accepted an invitation from the Office of the Under Secretary for Public Diplomacy and the U.S.- U.A.E. Business Council to host an information session regarding opportunities to participate in the USA Pavilion at Expo 2020 Dubai.

General Motors Aims for All-Electric, Zero Emissions Future

Last week, General Motors Chairman and CEO Mary Barra spoke at the annual CERAWeek energy conference in Houston.

Blog: Fail Forward Into Success

Success has many different definitions.

Israeli Manufacturer Opens First U.S. Office in Troy's Automation Alley

Eilor Magnetic Cores, an Israeli company that manufactures blocks and tape-wound magnetic cores, has opened its first location in the United States in Troy.

GM, Grand Rapids Data Center, Join Renewable Energy Program

Detroit's General Motors and a data center in Grand Rapids are the first to join a Consumers Energy program to help large businesses use renewable energy sources. Both companies are now matching 100 percent of their electric use at key operations across Michigan with wind-generated power.

New Buick App to Help Motorists Track Driving Habits

As the popularity of self-monitoring apps continues to grow, Buick car owners can now track their driving habits to become better drivers using a new app released by the automaker. The app offers users the option to self-monitor key driving habits such as mpg and is available for most 2015 model year or newer Buick vehicles at no additional cost.

Lovers Only, New Detroit Restaurant, Opens Today

Lovers Only, a new restaurant offering burgers and sandwiches, opens today in Detroit's Capitol Park neighborhood. This is the second restaurant opened by proprietor Eli Boyer and co-executive chefs Jennifer Jackson and Justin Tootla. The team opened Ferndale's Voyager in 2017.

Orthopedic Alliance Expands as New Medicare Payment Program Begins

TRIARQ Health, headquartered in Troy, is expanding its physician-owned and led bundled payment partnership, The Alliance, to include Ohio, Florida, Alabama, and Texas.

Dodge SRT Adds New Heritage-Inspired Options for Challenger

Auburn Hills-based Dodge SRT is now offering the Shakedown Package on new Challengers. The package is available on the 2018 Challenger R/T Shaker, R/T Plus Shaker, and 392 Hemi Scat Pack Shaker.

PulteGroup Founder William J. Pulte Dies at 85

William J. Pulte, who started a small construction company in Detroit more than 65 years ago and turned it into a national home building empire, died Wednesday. He was 85.

Auburn Hills' Continental, Chinese Supplier to Develop Automotive Battery Systems

Continental, an Auburn Hills-based technology company, and CITC, a Chinese automotive supplier and battery manufacturer, are slated to establish a joint venture to develop and produce 48-volt battery systems for the automotive industry.

Michigan Business Leaders Unveil Plan to Become Top 10 State

Michigan has come far after the Great Recession, however to propel the state to become among the Top 10 in the nation, the Business Leaders for Michigan say all Michiganders and elected leaders must come together to focus on improving K-12 education, job training, making college more affordable, and strengthening the state's infrastructure and fiscal stability.

New Tapas-style Restaurant, Asaysia Plates To Share, Slated to Open in Detroit

Aiming to highlight the history and style of Detroit and featuring locally sourced, scratch-made pizza and plates to share, tapas-style restaurant Asaysia Plates to Share is slated to open March 22 in Detroit.

Detroit Institute of Arts to Exhibit Rare Baseball Cards

Just as Major League Baseball season is getting ready to start next month, the Detroit Institute of Arts will be getting into the swing of things.

Guest Blog: Brick & Mortar Retailers - Who's Afraid of the World Wide Web?

In recent months, much has been written and discussed regarding the future of retail - in particular, the "Amazon Effect" - with more consumers opting for online shopping over bricks and mortar locations than ever before. While there is no denying that traditional retail outlets have been falling by the wayside in record numbers, I would argue that the Amazon Effect is overblown; an overreaction in comparison to what is actually occurring in the marketplace. Counterintuitive? Absolutely. Off base? Founded on what we are seeing and working on across the country, absolutely not.

Wayne County and Rock Ventures Reach Tentative Deal to Build Criminal Justice Center on East Warren in Detroit

Wayne County and Rock Ventures today announced they have reached a tentative deal to build a $533-million criminal justice center at 1301 E. Warren Ave. in Detroit. The project will replace the "failed" jail site at Gratiot Ave. near I-375, that was stopped due to cost overruns.

Detroit's DTE Energy to Power Little Caesars Arena with Renewable Energy During NHL's Green Month

DTE Energy in Detroit plans to power Little Caesars Arena with renewable energy for the Detroit Red Wings' five home games played during March in honor of the National Hockey League's Green Month.

Taylor's Atlas Oil Launches Chemical Transportation Division in Texas

Atlas Oil Co. in Taylor today has launched a Chemical Transportation Division in Houston to offer local, regional, and over-the-road routes for safe delivery of chemical and petrochemical liquids throughout the United States and Canada.

Charlotte-based Spartan Motor's Division Joins California Firm to Build All-electric Walk-in Vans

Spartan Fleet Vehicles and Services, a division of Charlotte-based Spartan Motors Inc., today announced it has joined California's Motiv Power Systems, to produce zero-emission all-electric walk-in vans for fleets. Financial terms of the agreement were not disclosed.

Novi's Stoneridge to Expand Rearview Camera Trial for Truck Fleets

Stoneridge Inc., a Novi-based designer and manufacturer of electronic components, is expanding its evaluations for the company's camera monitor system that replaces a truck's traditional mirrors with integrated external digital cameras and internal digital monitors to provide drivers with enhanced vision.

Chevrolet Unveils 2019 Medium Duty Silverados at Work Truck Show

Looking to capitalize on the demand for bigger trucks in the U.S., Detroit-based Chevrolet today unveiled its first-ever Silverado Class 4, 5, and 6 chassis cab trucks at The Work Truck Show in Indianapolis.

Stryker in Kalamazoo Launches Post-free Hip Distraction System

Stryker, a Kalamazoo-based medical technology company, has developed a post-free hip distraction system designed to mitigate groin complications and heel slip associated with hip surgery.

Beaumont Hospital, Troy Adds Robotics Catheterization System for Improved Safety

Beaumont Hospital, Troy recently added a new robotics system to help protect its cardiologists from radiation exposure while also assisting them in heart catheterization procedures.

Michigan-based New Radio Media Offers Digital Streaming Entertainment Network

Farmington Hills-based New Radio Media today launched a new digital streaming entertainment network offering hyper-local focus and using local talent,

Lightning Systems Unveils New All-Electric Ford Transit

Lightning Systems, a Colorado-based global developer of zero-emission systems for fleets, today announced it is on schedule for delivery this month of its new zero-emission LightningElectric system for the Ford Transit van. It also announced the development of a new zero-emission hydrogen fuel cell range extender for the product.

Plymouth's Materialise Launches Platform to Improve Shoulder Operations

Belgium-based Materialise NV, whose North American headquarters are in Plymouth, today launched a platform to assist surgeons in preparing for shoulder arthroplasty surgery using patient-specific 3-D surgical guides allowing for more precise procedure to increase success during operation.

Guest Blog: How the Skills Shortage and Gig Economy is Changing the Way Companies Hire

Watching the Winter Olympics in South Korea, it's obvious that almost every athlete displays incredible balance and flexibility. You simply can't succeed as a competitor without these qualities. More than ever, this also holds true for businesses trying to compete in the ever-changing world of talent. Balance and flexibility are becoming the key drivers of success for HR and talent acquisition professionals across the U.S. and in the metro Detroit region.

Business Leaders For Michigan Predict Growth for Michigan, U.S. Economies

Michigan and the United States will see stronger economic growth due to federal tax reform, says Business Leaders for Michigan members in its latest quarterly survey released today.

Farmington Hills-based Humanetics Innovative Solutions Acquires Austrian-based Safety Test Manufacturer

Farmington Hills-based Humanetics Innovative Solutions Inc., a safety testing and developer of biofidelic crash test dummies, simulation software models, and custom sensor solutions, today announced it has acquired Linz, Austria's DSD Testing GmbH, a manufacturer of advanced safety test equipment. Financial terms of the agreement were not disclosed.

Troy's MOTOR Information Systems Adds Data System for Tire Industry

Troy-based MOTOR Information Systems has launched MOTOR TireTech, a data delivering system for up-to-date OEM tire specifications for North American passenger cars, light duty trucks, and vans.

U-M Report: Jobs, Wages Keeps Consumer Confidence High

Jobs, wages, and higher after-tax pay has kept consumer confidence high for more than a year, according to Ann Arbor's University of Michigan Surveys of Consumers, released today. In its February study, consumer sentiment was just below the October 2017 peak of 100.7, which was the highest level since 2004.

IBM Watson Health Announces Top Hospitals

IBM Watson Health, based in Ann Arbor, recently released its 100 Top Hospitals annual study. The study identifies top-performing hospitals in the U.S. based on overall organizational performance. It has been conducted every year since 1993.

Cadillac Previews XT4 at Academy Awards

Cadillac was on display Sunday night during the 90th Academy Awards television broadcast. In addition to being the official automotive partner of the Oscars, Cadillac, a division of Detroit-based General Motors, ran three commercials during the broadcast.

Mahindra North America Automotive In Auburn Hills Unveils ROXOR Off-Road Vehicle

India-based Mahindra, which operates its North America headquarters and manufacturing facility in Auburn Hills, today revealed ROXOR, a new, off-road vehicle that features a steel body and frame, a four-cylinder engine, and 5-speed transmission. Pricing and the timing of consumer sales will be announced in the coming weeks.

Detroit's Henry Ford Health System Partners With Accesso To Offer Patients Personalized Digital Platform

Henry Ford Health System, headquartered in Detroit, today announced a partnership with Accesso Technology Group to offer The Experience Engine (TE2), a platform that provides patients with real-time content and services via a smart device.

Ralph C. Wilson, Jr. Foundation In Detroit Launches Built To Play Initiative For Southeast Michigan And Western New York

The Ralph C. Wilson, Jr. Foundation (RCWJRF) in Detroit has announced Built to Play, an initiative designed to give youth across southeast Michigan and western New York more opportunities for free play through the creation of new, interactive public play spaces. In hopes of providing grassroots groups and nonprofits with support to create and maintain play spaces within neighborhoods, the Foundation is slated to invest up to $5 million per region throughout the course of the upcoming years.

Kyocera In Plymouth Township Launches Hi-Res Vehicle Head-Up-Displays

Kyocera International Inc., a Japanese technology enterprise that operates a large assembly, warehousing, and distribution facility in Plymouth Township, today announced a new line of high-performance, high-resolution liquid-crystal display (LCD) panels specifically designed for automotive Head-Up-Displays (HUDs).

Detroit-based GMC Introduces 2019 GMC Sierra, Features Carbon Fiber Pickup Box

GMC's most popular pickup truck is getting an upgrade. GMC, a division of Detroit-based General Motors Co., announced it is making some changes for 2019 with the GMC Sierra Denali and SLT.

Southfield-based Denso Invests $190M, Adds 320 Jobs At Tennessee Manufacturing Plant

Southfield-based Denso, one of the world's largest automotive technology, systems, and components suppliers, is expanding its operations in North America through a $190 million investment in its Athens, Tenn. facility. The investment will add four new production lines and 320 jobs.

Ideal Contracting in Southwest Detroit Becomes Standalone Minority Business Enterprise, Acquires Barton Malow's Interest

After 20 years of partnership, Frank Venegas, Jr., CEO of The Ideal Group in southwest Detroit, and Ryan Maibach, president and CEO of Barton Malow in Southfield, announced that Venegas is buying out Barton Malow's interest in Detroit-based Ideal Contracting, fulfilling the vision of its founding members. Terms of the deal were not disclosed.

Ford, General Motors, and Fiat Chrysler All See Sales Dips in February

Maybe February was just a slow month in 2018, or, maybe it was unusually hot for car makers in 2017, regardless, this year, the Big Three all saw sales dips compared to 12 months ago.

Birmingham's Broder and Sachse Real Estate To Relocate To Detroit

Broder and Sachse Real Estate Inc. in Birmingham today announced it will relocate to the Arts League Building at 1528 Woodward Ave. in downtown Detroit. The staff is expected to be fully operational in the Detroit office by March 5.

Pennsylvania's Galley Group To Open Project For Up-And-Coming Chefs In Detroit's Federal Reserve Building

Detroit's Bedrock today announced Galley Group Inc., the company behind Pittsburgh's food hall and restaurant incubator Smallman Galley, will open a location in Detroit's Federal Reserve Building at 160 W. Fort St. It will be the company's fourth location and is slated to open fall 2018.

Huron Capital in Detroit Partners on Expanding Sales of Roadway Safety and High Security Applications

Detroit-based Huron Capital's non-control Flex Equity Group today announced it has partnered with independent sponsor Empeiria Capital and the Minneapolis-based Pohlad family, owners of the Minnesota Twins, in a joint investment in B&B Roadway Security Solutions.

U-M and Baxter Announce Licensing Agreement For Reconstructive Surgery Technology

The University of Michigan and Baxter have announced the signing of a licensing agreement for the expected global marketing and distribution of the arterial everter, a surgical device that could make it quicker and easier to connect arteries in complicated procedures. Financial terms of the agreement were not disclosed.

Title Source, Part of Quicken Loans Family of Companies in Detroit, Changes Name to Amrock

After more than 20 years of operation, the nation's largest independent provider of title insurance, property valuations, and closing services today announced it has changed its name to Amrock Inc. from Title Source Inc. The company is part of the Quicken Loans Inc. family of companies in Detroit.

Icahn Automotive Acquires Four Vehicle Service Centers in Metro Detroit, Convert to Pep Boys

Icahn Automotive Group, a division of Icahn Enterprises in New York City, today announced it has acquired four independently-owned service center locations in metro Detroit, including Belanger Tire and Auto Service in Westland, Novi Motive Goodyear in Novi, and Fix N Go Auto Centers in Troy and Oxford. The locations will convert to Pep Boys Service and Tire Centers.

Bright Ideas in Downtown Royal Oak Acquires Haberman Fabrics Building, Will Move This Year

Bright Ideas, a furniture and home furnishings retailer in downtown Royal Oak, will move several blocks south to the former Haberman Fabrics Building located at 905 South Main Street, just south of Lincoln Avenue, in the coming months.

Scent-based Cocktail Bar to Open in Detroit's Midtown District

A new craft cocktail bar called Castalia is slated to open March 21 in Detroit's Midtown district. The bar will focus on the ties between fragrance and flavor.

Detroit's General Motors Co. Expands Landfill-Free Efforts Worldwide

General Motors Co. in Detroit today announced an expansion of its landfill-free program. All the company's manufacturing plants in Canada, Mexico, and South America now recycle, reuse, or convert to energy all waste from daily operations.

Ford and Domino's Pizza Conduct Second Round of Self-Driving Delivery Vehicle Testing In Miami

Domino's Pizza Inc. in Ann Arbor, the world's largest pizza company based on retail sales, and Ford Motor Co. in Dearborn have partnered to conduct a second round of self-driving vehicle testing. The two-month test will take place in Miami and will include delivery service.

DowDuPont Announces Brand Names For Three Independent Companies It Plans To Create

Midland's DowDuPont yesterday announced the corporate brand names that each of its divisions plans to assume once they are separated as independent companies. Many product names will remain unchanged.

Blink Fitness Expands To Michigan With Franchise From Two-time NBA Champion and MSU Graduate Draymond Green

Blink Fitness and Golden State Warriors forward Draymond Green have announced a franchise development deal to bring at least 20 gyms to Michigan and Illinois. This is Green's first investment in the company. He is a two-time NBA champion from Saginaw.

Detroit-based General Motors Unveils 2019 Buick Envision

When Detroit-based General Motors went back to the drawing board for its 2019 Buick Envision, it had customers in mind.

PawnGuru In Ann Arbor To Expand After Raising $2.5 Million In Series A Funding

Ann Arbor's PawnGuru, an online marketplace connecting pawn shops and consumers, yesterday announced the close of a $2.5 million series a financing round. The company intends to expand into international markets and add more network of shops within the U.S.

Ann Arbor Home Becomes World's Second Residence to Achieve Highest Sustainability Certification

Located in Ann Arbor, Tom and Marti Burbeck have transformed their home at Beacon Springs Farm to become the second house in the world to achieve a Living Certified ruling from the Living Building Challenge (LBC) certification by the International Living Future Institute.

Growth of 3D Printing in the Medical Field Projected to Improve Patient Outcomes

More than 95 percent of point-of-care (POC) professionals expect to see an expansion of POC manufacturing enabled by additive manufacturing, commonly called 3D printing, according to new research released today by SME in Dearborn (formerly Society of Manufacturing Engineers).

Detroit Foundation Hotel Recognized as a Top Luxury Hotel Worldwide by Travel + Leisure Magazine

The Detroit Foundation Hotel in the central business district has been recognized by Travel + Leisure magazine as one of the best new and reborn properties worldwide. For its 2018 annual list, the magazine cited 56 hotels for hospitality excellence worldwide. The Foundation Hotel was one of seven hotels from the United States that made the list.

Pinnacle Homes in Bloomfield Hills Acquired by M/I Homes in Columbus

M/I Homes Inc., a publicly-traded home building company based in Columbus, Ohio, today announced it has entered into a definitive purchase agreement to acquire the residential homebuilding assets and operations of Pinnacle Homes, a homebuilder in Bloomfield Hills. Terms of the deal were not disclosed.

Ann Arbor's May Mobility Raises $11.5M To Accelerate Self-Driving Shuttle Fleets

Ann Arbor-based May Mobility Inc., an autonomous vehicle company that is replacing transportation systems with fleets of self-driving micro-shuttles, announced that BMW i Ventures and Toyota AI Ventures have joined its investor base. With the new funders, as well as others like Mave Ventures, SV Angel, Tandem Ventures, Trucks Ventures, and YCombinator, May Mobility has raised $11.5 million.

Detroit's Health Alliance Plan to Move Its Southfield Operations to Troy

Health Alliance Plan (HAP), a Detroit-based nonprofit health plan, announced Friday it will move its Southfield operations to Troy. The company will begin relocating employees later this year.

North American Robotics, Vision, and Motion Control Industries Set Growth Records in 2017

Last year was a banner period for the North American robotics, machine vision, and motion control industries as all markets continued to set records.

2018 Detroit Policy Conference to Focus on Improving Community Relations

The Detroit Regional Chamber's 2018 Detroit Policy Conference, to be held March 1 at the MotorCity Casino Hotel, will offer insight on the need for civility in public discourse, communities, and the workplace.

Gov. Snyder Launches $100M Marshall Plan for Talent in Detroit

Michigan needs to make dramatic, innovative changes to the way it prepares people for careers to address an expanding talent gap in key industries, Gov. Rick Snyder said Thursday, unveiling his Marshall Plan for Talent at the Michigan Science Center's engineering theater in Detroit's Midtown district.

Troy's United Wholesale Mortgage Named Nation's No. 1 Wholesale Lender For 3rd Year In A Row

United Wholesale Mortgage, a division of Troy's United Shore Financial Services, was named the No. 1 wholesale mortgage lender for residential loans in the U.S. for 2017, according to Inside Mortgage Finance, a trade publication.

Valassis in Livonia Launches Digital Solution That Retargets Website Visitors

Valassis in Livonia, which activates consumers through intelligent media delivery, today announced the launch of Valassis Remarketing Activation (VRA) to identify, target, deliver, and track personalized promotional messages based on online activity and offline data.

New Café, FOLK, To Open In Corktown This Spring

FOLK, an artisanal café, is slated to open this spring in Detroit's Corktown district. The menu is inspired by the global and cultural backgrounds and travels of owners Kiki Louya and Rohani Foulkes, and will feature seasonal, made-from-scratch comfort foods. The 24-seat café will be located at 1701 Trumbull Ave. Suite B.

Denso Corp. in Southfield Invests In California IoT And Automotive Cybersecurity Company Dellfer

Japan-based Denso Corp., which operates its North American headquarters in Southfield, has announced an investment in Dellfer, a California-based IoT (Internet of Things) and automotive cybersecurity startup.

New Research On The Gig Economy Could Offer Insights For Independent Workers

New research on the gig economy has the potential to help show people how to thrive as independent workers, according to researchers Sue Ashford from the University of Michigan in Ann Arbor, Gianpiero Petriglieri of INSEAD, a French business school, and Amy Wrzesniewski of Yale University. Those who work in the gig economy are paid by companies for specific tasks on a contract basis (freelance work).

Ford Announces Changes In Senior Management, Raj Nair, President of North America, Leaving Company

Dearborn-based Ford Motor Co. today announced changes to its senior management team. In turn, on Wednesday it was announced Raj Nair, executive vice president and president, North America, was leaving the company effective immediately due to reports of inappropriate behavior.

California's AutoPacific Forecasts A Drop In U.S. Light Vehicle Sales

California's AutoPacific, an automotive consulting firm, forecasted 16.9 million light vehicles will be sold in the U.S. in 2018. This is down approximately 300,000 units from 2017 sales. AutoPacific officially announced its forecast today.

2018 Business Leaders Outlook Survey Shows Midwest And Manufacturing Industry Expect To Benefit From Federal Tax Cut, National Optimism At All-time High

Almost 1,700 companies across the nation completed the 2018 Business Leaders Outlook survey from JPMorgan Chase & Co., with most expressing optimism for the economy. In the Midwest, 71 percent of executives said they expect to benefit from the federal tax overhaul, which was signed into law on Dec. 22, 11 days before the survey began. The law slashed the corporate tax rate to 21 percent.

Detroit-based Shinola President Leaves Company, New President Named

Shinola in Detroit today announced the departure of Jacques Panis as president. He has been with the company since it started in 2011. Shannon Washburn, current vice president of watch development, will be the next president.

Trimble RTX Technology Plays Key Role In Detroit-based General Motors' Super Cruise

Trimble announced details today regarding Detroit-based General Motors' use of Trimble RTX technology as the GNSS/GPS correction source for vehicles equipped with GM's Super Cruise hands-free high way driving system.

Kresge Foundation in Troy Supports Reopening of Detroit's Only Campground

Detroit's only campground, Scout Hollow in Rouge Park on the far west side, will reopen this spring to create overnight group-camping opportunities for city youth. It has been closed for more than a decade.

Krytronx in Novi to Distribute $100M in Free Smart Sensors for Manufacturing Industry

Krytronx in Novi and its iToolTag platform, which wirelessly tracks sensors placed on manufacturing tools, industrial equipment, vehicles, and other components, today announced it will invest $100 million to provide free worldwide installation of its blockchain-based iOT (Internet of Things) asset tag product line.

Detroit-based Ally Ventures Invests In Georgia-based Greenlight Financial Technology

Detroit's Ally Ventures, the strategic investment arm of Ally Financial Inc., today announced it has made an investment in Greenlight Financial Technology Inc., an Atlanta-based company that offers a debit card for children, teens, and college students.

Troy-based Delphi Reports Revenue of $4.8B For 2017

Delphi Technologies, a global company with its North American headquarters in Troy, today reported its revenue for 2017.

Ann Arbor's NSF International Launches DNA Authenticated Mark For Dietary Supplement Ingredients

NSF International, based in Ann Arbor, launched the first DNA Authenticated mark to verify the identity and purity of raw ingredients in dietary supplements. A testing protocol and verification program for raw botanical ingredients used in the dietary supplement industry was also launched.

Bosch Acquires Detroit-based Ridesharing Startup SPLT

Bosch, which operates a large technical center in Farmington Hills, today announced it has acquired Splitting Fares Inc. (SPLT), a ridesharing startup in Detroit. SPLT's platform allows companies, universities, and municipal authorities to offer their workforces ridesharing services. The purchase price and details of the acquisition were not disclosed.
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