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Detroit’s DTE Energy, The Roxbury Group Partner to Develop Public Mixed-use Space in Ann Arbor

DTE Energy and The Roxbury Group, both based in Detroit, today announced they have entered into an agreement to develop an 11-acre mixed-use and public-space project on the former Michigan Consolidated Gas Co. industrial site bordering the Huron River in Ann Arbor.

The Corner Mixed-use Development Gets Underway at old Tiger Stadium Site in Detroit

Larson Realty Group in Detroit, the City of Detroit, and several partners today broke ground on The Corner, a $30-million mixed-use development on the former Tiger Stadium site in Detroit’s Corktown district. The four-story project will include apartment and retail space fronting on Michigan Ave., immediately west of Trumbull Avenue

California’s Westlake Financial Services Lists Vehicles on Detroit’s Ally’s SmartAuction

Ally Financial in Detroit today announced an agreement with Westlake Financial Services, a privately held finance company based in Los Angeles, to list vehicles for sale on SmartAuction, Ally’s wholesale auto auction platform.

Ann Arbor’s NanoBio Changes Name to BlueWillow as Focus Shifts to Vaccines

NanoBio Corp., a clinical-stage biopharmaceutical company in Ann Arbor, Monday announced it has changed its name to BlueWillow Biologics in conjunction with the closing of a $10 million Series A financing.

Detroit’s Golfler Acquired by Dallas-based Supreme Golf

Detroit startup Golfler, a company that builds course management software for golf facilities, has been acquired by Dallas’ Supreme Golf. Terms of the transaction were not disclosed.

Wayne State University Invests $6.6M in Detroit Urban Solutions for Smart Cities Technologies

Wayne State University in Detroit today announced a $6.6 million investment in Detroit Urban Solutions, an emerging technology innovation consortium dedicated to developing cutting edge solutions to challenges facing Detroit and other urban areas.

Downtown Birmingham Evaluates Plans for Woodward Bates Redevelopment

A redevelopment of city-owned property in downtown Birmingham, a four-acre parcel at Willits and Bates streets that today includes an aging parking deck along North Old Woodward and a surface lot behind the structure, was moved to the city commission for review last week. The Birmingham Ad Hoc Parking Development Committee was formed to evaluate four responses for the site from a request for proposal issued by the city, and make a recommendation.

Detroit Pistons Partner with the DSO to Make More Music, Training Accessible to Detroit Youth

The Detroit Pistons and the Detroit Symphony Orchestra today announced a multi-year partnership aimed to enhance music and education programming for Detroit youth.

Bloomfield Hills’ Michigan Israel Business Accelerator Appoints First CEO

The Michigan Israel Business Accelerator (MIBA) in Bloomfield Hills today announced it has appointed Sandy Selinger as its first CEO.

Detroit’s HAP Launches Wellness at Your Side Digital App

Health Alliance Plan in Detroit today announced the launch of the Wellness at Your Side app, which grants HAP members access to their iStrive account with their data already populated.

Blog: Myths About Employer Branding that Prevent Companies from Attracting and Retaining Top Workers

A thriving economy and low unemployment is often viewed as positive. Dig deeper, however, and you will find a lot of angst among various companies as they scramble to attract qualified job seekers and retain current workers in ways they’ve never had to do before.

Housing Shortage in Northern Michigan Drives Conversion of Vacation Homes into Extended-stay Residences

Strong job growth in northern Michigan propelled by major investments in energy, manufacturing, and resort projects have contributed to a new real estate trend: the conversion of vacation properties into extended-stay residences for new workers and their families.

Michigan Moves Up Nine Places in Chief Executive Magazine’s Best and Worst States for Business Survey

Michigan moved up nine places in "Chief Executive" magazine’s 14th annual Best and Worst States for Business survey, the Michigan Department of Talent and Economic Development announced Thursday. The report was released this week and placed Michigan at No. 27 on the list.

Uber for Watercraft? Boat Membership Rental Service Returns to Metro Detroit

SailTime Group will soon re-open operation of a metro Detroit franchise, the company announced Wednesday. Dave Conrad, the new franchisee, will host an open house event May 19 and 20 at the Grosse Pointe Yacht Club as part of the Great Lakes Boating Festival. The franchise will be based at Jefferson Beach Marina in St. Clair Shores.

2019 Chevrolet Suburban RST Performance Package Brings V-8 Power And Style

Detroit-based General Motors announced today that it will offer a new RST Performance Package for its Chevrolet Suburban.

Researchers at Ann Arbor’s U-M Harvest Clean Hydrogen Fuel Through Artificial Photosynthesis

The University of Michigan in Ann Arbor has created a stable artificial photosynthesis device that harnesses sunlight to break apart fresh and salt water, generating hydrogen that can be used in fuel cells. The device could also be reconfigured to turn carbon dioxide back into fuel.

Detroit’s Fathead Partners with E-sports Company FlyQuest

Detroit decal company, Fathead, on Wednesday announced the launch of its FlyQuest Sports line of wall graphics. The agreement marks Fathead’s entrance into the world of e-sports, making FlyQuest the first officially licensed e-sports company offered through Fathead and its third-party retailers.

ULI in Detroit: Flagship Tiffany & Co. Store Coming to Somerset Collection, Ford Corktown Campus Could get Light Rail

A flagship Tiffany & Co. store will be coming to the Somerset Collection in Troy next year, and it will offer redesigned displays of luxury jewelry, new décor, along with home items and accessories, in the retailer’s iconic robin’s-egg blue motif. Tiffany & Co., founded in 1837, has long operated a store at Somerset South.

Detroit’s GM Partners with California’s Autodesk to Advance Lightweighting

General Motors in Detroit is using a new generative design software technology from California’s Autodesk to further vehicle lightweighting. The technology will help develop efficient and lighter alternative propulsion, and zero-emission vehicles.

Detroit’s Quicken Loans Cements its Position as the Largest Residential Lender in the U.S.

Detroit’s Quicken Loans Inc. is America’s largest mortgage lender, having originated $20.5 billion in home loan volume during the first quarter of 2018. The volume was more than $4 billion above the next largest competitor.

ATA National Title Group in Farmington Hills Acquires Greater Metropolitan Title in Chicago

ATA National Title Group, a Farmington Hills-based full-service title insurance agency, today announced it has acquired the assets of Greater Metropolitan Title to expand its coverage in the Chicago area. Terms of the transaction, which closed on April 30, were not disclosed.

SkySpecs in Ann Arbor Unveils Wind Turbine Software

SkySpecs, an Ann Arbor-based provider of robotics solutions for the wind energy industry, today announced the debut of Horizon, a new wind turbine analytics and management software program.

Detroit Athletic Club Hosts its Second Detroit Cycling Championship

The Detroit Athletic Club (DAC) on Wednesday announced the return of the Detroit Cycling Championship, set to take place Saturday, July 14. The event will appear on USA Cycling’s National Pro Road Tour calendar. This year’s event includes a new course near Detroit’s Beacon Park and the headquarters of DTE Energy.

Ford Smart Mobility and China’s Zotye Partner to Deliver All-electric Vehicle Fleet Solutions in China

Ford Smart Mobility, a Palo Alto-based subsidiary of Dearborn’s Ford Motor Co., today announced it has signed a memorandum of understanding with China’s Zotye Auto to establish a joint venture focused on providing smart, customized all-electric vehicle solutions to fleet operators and drivers in China’s ride-hailing market. Ford Smart Mobility is designed to build, grow, and invest in emerging mobility services.

Aptiv in Troy Launches Fleet of Autonomous Vehicles with Lyft

Aptiv, a global technology leader in mobility with its North American headquarters in Troy, today announced the launch of a fleet of 30 autonomous vehicles in Las Vegas on the Lyft network. Plans call for expanding the autonomous vehicle program globally.

Detroit-based Huron Capital’s Albireo Energy Acquires New York’s Energy Management Control Corp.

Huron Capital, a Detroit-based lower-middle-market private equity firm, today announced its building automation and energy services platform, Albireo Energy, has acquired New York-based Energy Management Control Corp. (EMCC). Terms of the deal were not disclosed.

Meritor in Troy Acquires AA Gear and Manufacturing in Howell

Meritor Inc. in Troy today announced it has acquired substantially all of the assets of Howell’s AA Gear and Manufacturing Inc. (AAG) and its subsidiaries. Terms of the transaction were not disclosed.

Dearborn’s Ghafari Associates Acquires Grand Rapids’ Concept Design Group

Ghafari Associates, a Dearborn-based design firm, Monday announced it has acquired Grand Rapids’ Concept Design Group, an architectural and interior design firm.

Grand Rapids’ Bissell Introduces All-in-one Cleaning Tool for Pet Messes

Bissell in Grand Rapids today introduced its CrossWave Pet Pro, which washes and vacuums floors at the same time, switching between cleaning sealed hard floors and area rugs as necessary. It is designed for homes with pets.

Ford Motor Co. Reviews Potential Acquisition of Michigan Central Depot in Detroit, Redesigned Point of Origin Unveiled in Campus Martius Park

On Monday, the Downtown Detroit Partnership unveiled a new granite plaza showcasing Detroit’s Point of Origin and marked the 15th anniversary of the groundbreaking for Campus Martius Park.

DTE Energy Among First in Nation to Offer Green Bonds, Wins Approval for East China Township Natural Gas Plant

DTE Energy in Detroit today announced it is the first company in Michigan to offer green bonds, which were priced Monday. The $525 million in bonds will finance green investments, including low-carbon projects such as renewable energy and energy efficiency. DTE is the fifth company in the nation to sell green bonds.

Ford Sales Fall In April, While Fiat Chrysler Enjoys An Unexpected Boost

While most in the industry expected auto sales to decrease in April, Fiat Chrysler bucked the trend and exceeded expectations. The Auburn Hills-based automaker saw a 4.5 percent increase in sales in April, compared to the same time period a year ago.

L&W Inc. in New Boston, Mich., Acquired by New York’s KPS Capital Partners’ New Company

New York’s KPS Capital Partners (KPS) today announced Autokiniton Global Group (AGG) has entered into definitive agreements to acquire automotive supplier L&W Inc., headquartered in New Boston (south of Detroit Metropolitan Airport). Financial terms of the transaction were not disclosed.

Report: Michigan Restaurant Industry Grows, Faces a Labor Shortage

Same-store sales and hiring demand increased across Michigan restaurants in the first quarter, according to the Michigan Restaurant Association’s (MRA) first-quarter research report, which was released Monday.

Report: Grocery Shoppers Look for Organic Products, Coupons, Delivery, and Unique Shopping Experiences

Valassis in Livonia, a company that works in intelligent media delivery, Monday reported organic selection, coupons, and delivery options are making big differences in the way people grocery shop.

Six Major Projects To Launch Second Phase Of Development In The District Detroit

Olympia Development of Michigan today announced six projects in The District Detroit, including the restoration of three vacant historic buildings and the construction of three new mixed-use buildings near the new Little Caesars Arena. The projects will launch phase two of the city’s development plan.

U.S. Army Acceleration of NextGen Military Vehicles to Benefit Detroit Arsenal

Metro Detroit’s automotive, defense, and technology sectors stand to benefit from the U.S. Army’s recent drive to accelerate the development and modernization of next-generation combat vehicles, military equipment, and communication systems in light of recent advances in autonomous and robotic systems.

Old Orchard Brands Near Grand Rapids Acquired for $146M by Quebec’s Lassonde Industries Inc.

Lassonde Industries Inc. in Quebec has acquired Old Orchard Brands, a family-owned juice and beverage company based in Sparta (north of Grand Rapids), for $146 million, subject to working capital and other adjustments, payable upon closing of the transaction.

Automation Alley Reports Challenges, Opportunities Come with Continued Technological Evolution of Industry 4.0

Automation Alley, a technology and manufacturing business association in Troy, released a report today that shows industrial and manufacturing businesses that swiftly move to adopt the principles of Industry 4.0, or the Fourth Industrial Revolution, will outpace their competition, gain efficiencies, and boost profits.

Proposed Regional Transit Plan Would Generate $4.5B in Personal Income if Approved

If metro Detroit can speak with one voice via a regional transit authority in submitting applications for federal transit funds, rather than from as many as 10 separate entities, it would stand to garner more grants and other investments needed to better move people, products, and cargo.

Henry Ford Health System in Detroit Kicks Off Nationwide Initiative with Event at Ford Field in Detroit

Henry Ford Health System in Detroit today announced it has partnered with the National Institutes of Health (NIH) to host a free public event from 1-5 p.m. Sunday, May 6, at Ford Field in Detroit. The event is one of seven events to be held across the United States to launch the All of Us Research Program, an effort to advance prevention, treatment, and care for people of all backgrounds in more personalized ways.

Gov. Snyder Supports Bill to Invest $110M in Water Infrastructure Annually

Michigan Governor Rick Snyder Thursday applauded Rep. Larry Inman (R-Traverse City) for introducing a bill that would invest $110 million annually to help rebuild the state’s water infrastructure. Snyder announced a plan in February to increase investments for repairs and replacements to water and sewer infrastructure across the state.

Detroit LinkedIn Office to Move to Sanders Building Along the Lower Woodward Corridor

LinkedIn in Detroit announced today it has signed a lease in the historic Sanders building, owned by Bedrock and located at 1523 Woodward Ave. (north of Clifford St.). The new space will accommodate the team after it spent five months in a temporary space.

Detroit’s Greektown Casino-Hotel to Debut Monroe Market and Ramen Noodle Bar

Seven new eateries are joining downtown Detroit’s food scene. On May 1, Greektown Casino-Hotel will unveil its new food court, called Monroe Market, along with Noodle Art, a ramen noodle bar and restaurant.

Citizens Bank in Detroit Provides $21.5M Credit Facility to Birmingham’s Strength Capital Partners

Citizens Bank has announced Citizens Commercial Banking is providing $21.5 million to Birmingham’s private-equity firm Strength Capital Partners to support the acquisition of North Carolina’s ESP Associates Inc. Citizens is the sole lender and administrative agent.

Quicken Loans, a Sponsor of FIRST Championship, Launches Detroit Robotics Teams

Quicken Loans Inc. in Detroit is a big part of the city’s student robotics events – it is a sponsor for this week’s FIRST Championship in Detroit and has announced it launched 20 FIRST teams in the Detroit Public Schools Community District (DPSCD).

Dearborn’s Automotive Hall of Fame Announces Five New Inductees

The Automotive Hall of Fame in Dearborn will induct five new members at its 2018 Induction and Awards Gala Ceremony at 6 p.m. on July 19 at the MGM Grand Detroit.

Ford Announces $1.7B Net Income in First Quarter, Plans To Phase Out Sedans

On the surface, Ford’s announcement of $1.7B in net profit for 2018’s first quarter seemed like a boon for the Dearborn-based automaker.

Report: Job Growth in Oakland County Projected to Grow 1.9% Annually Over Next Three Years

Oakland County's job growth was moderate in 2017, but the slow down appears to represent a "temporary hiccup" before it picks up to a more robust pace similar to 2015 and 2016, according to a report released today by two economists at the University of Michigan in Ann Arbor.

Detroit’s Wolverine Packing, Indiana-based Tippmann Innovation, Break Ground on Meat Processing Plant in Detroit’s Eastern Market

Tippmann Innovation (Ti), headquartered in Indiana, has worked with Wolverine Packing to break ground on a meat processing plant in Detroit’s Eastern Market. This is Wolverine’s fifth meat processing plant. The 180,000 square-foot facility is expected to create about 150 new jobs.

McLaren Macomb in Mount Clemens Breaks Ground on $68M Emergency Center

McLaren Macomb in Mount Clemens has broken ground on the Wayne and Joan Webber Emergency and Trauma Center. The $68-million project is the first phase of a larger project that will culminate in a new six-story Northwest Tower.

Detroit Design Firm PEA Inc. Relocates to a Larger Office in Capitol Park

PEA Inc., a multi-disciplined site development design firm with offices in southeast Michigan, has relocated its downtown Detroit office to a larger facility to accommodate its growing staff. The office, which overlooks Capitol Park at Bedrock’s 45 West Grand River building, opened for business following renovations.

Grand Rapids’ Burke Porter Group Acquires Belgian Company

Burke Porter Group (BPG), a manufacturer of intelligent machines in Grand Rapids, today announced it has completed the acquisition of Van Hoecke Automation (VHA), a Belgium-based global supplier of production automation and product manipulation and control in the food processing and automotive industries. Terms of the transaction were not disclosed.

Report: Michigan Businesses Received More Than $41M from Angel Investors in 2017

In 2017, angels invested more than $41 million in 70 Michigan companies, according to a report released Tuesday by the Michigan Angel Community, a new statewide initiative managed by Spark in Ann Arbor. The company recently completed its first annual research report.

Detroit’s Holiday Inn Express and Suites Slated to Become Boutique Hotel with Acquisition by New York-based Company

Downtown Detroit’s Holiday Inn Express and Suites has been acquired by Glenmont Capital Management, a New York-based real estate investment firm, Glenmont announced today. The property will undergo a $10 million renovation and be rebranded to an upscale boutique Hotel Indigo.

IPS Realty in Grosse Pointe Park Partners with New York Investor to Renovate Residential Property in Detroit

IPS Realty in Grosse Pointe Park today announced it has partnered with Icarus Investment Group in New York to acquire and renovate residential property in Detroit.

Bedrock and Quicken Loans Commit $1M to the City’s $9M Plan to Revitalize Breithaupt School

Detroit Mayor Mike Duggan, Nikolai Vitti, superintendent of Detroit Public Schools Community District, and officials from Quicken Loans and Bedrock today announced a $1 million investment in the Breithaupt Career and Technical School.

Spider Silk Company Kraig Biocraft in Ann Arbor to Establish Subsidiary in Vietnam

Kraig Biocraft Laboratories Inc., an Ann Arbor developer of genetically engineered spider silk-based fiber technologies, today announced it has received an investment registration certificate for the establishment of its new Vietnamese subsidiary, Prodigy Textiles Co. Ltd.

Wayne Landfill Receives EPA Approval for Biogas to Renewable Natural Gas Facility Operations

Massachusetts’ Ameresco Inc., an energy efficiency and renewable energy company, today announced the landfill gas to renewable natural gas facility at Waste Management’s Woodland Meadows Landfill in Wayne has achieved EPA approval and is now in operation.

Detroit’s GM Partners with Amazon to Offer In-Vehicle Package Delivery Via Key App

Owners of more than 7 million eligible Chevrolet, Buick, GMC, and Cadillac vehicles in the United States can now have Amazon packages delivered inside of their vehicles, General Motors Co. announced today.

Birmingham-based MadDog Ventures Closes $26.7M Venture Capital Fund

MadDog Ventures, based in downtown Birmingham, today announced the successful closing of its first venture capital fund, Mad Dog Venture Fund I, L.P.

Henry Ford Health System in Detroit Taps Robotic Technology Used on International Space Station

Detroit’s Henry Ford Health System is the first in the state to use robotic imaging technology for brain and spinal surgeries using the Modus V, a robotic arm developed from technology used on the International Space Station, the health care organization announced today.

Ann Arbor-based U-M Researchers Develop High-efficiency Organic Solar Cells

Researchers at the University of Michigan in Ann Arbor have created organic solar cells that can achieve 15 percent efficiency, which is in the range of many conventional solar panels on the market. The advancement will make more flexible, inexpensive solar cells commercially viable.

Global FIRST Robotics Competition in Detroit This Week Expected to Generate $30M in Economic Activity

More than 15,000 students grades K-12 from 25 states and 45 countries are slated to compete in the global FIRST Championship in Detroit this week (April 25-28), spending an estimated $30 million in the city.

Dearborn EnvisionTEC Creates World’s Longest 3-D Printed Chain

EnvisionTEC in Dearborn, a global manufacturer of desktop and full-production 3-D printers and materials, today announced it has 3-D printed the world’s longest resin chain in a single piece.

Report: Metro Detroit Sees Third Best Start for New Housing Permits in the First Quarter Since 2006

The first quarter was the third-best start for new housing permits in the area since 2006, according to a report released today compiled by the Home Builders Association of Southeastern Michigan in Farmington Hills, and reported in the HBA Southeastern Michigan Residential Building Activity Report.

Ada-based Amway Partners with Global Leader In Microbiome Testing to Boost Human Health

Amway, based in Ada, Mich., announced a new strategic partnership for research and development with Microbiome Insights, a global leader in microbiome testing.

Swift Biosciences in Ann Arbor Releases Cancer NGS Panels to Identify Variants Within Cancer Genes

Swift Biosciences in Ann Arbor has announced the commercial release of its Accel-Amplicon Plus Cancer NGS Panels, a suite of nine tumor-specific and focused gene panels to facilitate targeted cancer sequencing.

CarbonTV in Southfield to Operate Under Sole Ownership, Redesign Coming in 2018

Southfield’s CarbonTV, a global leader in offering OTT outdoor, online streaming content via a dedicated website, is now under the sole ownership of David Farbman, founder of Carbon Media Group. The change comes with a redesign launch that is expected in late summer.

Ladies Apparel Store Capricious in Grosse Pointe Reopens Following Renovation

Capricious, a women’s clothing and accessory store in Grosse Pointe, has reopened after a renovation and expansion. The 3,800-square-foot store at 74 Kercheval Ave. has also expanded its offerings to include apparel.

Dow in Midland Partners with California’s Scooper Cat to Produce Ammonia-Blocking Litter

California’s Scooper Cat has launched litter featuring PRIVENTZ Ammonia Prevention Technology, a product of Midland’s The Dow Chemical Co. The litter is designed to minimize ammonia exposure to cats.

Novi’s Omron Foundation Donates $1M to UM-Dearborn’s Engineering Lab Building

The University of Michigan-Dearborn today announced a gift of $1 million from the Omron Foundation Inc. in Novi to establish the Omron Robotics and Human Factors Lab in the university’s new Engineering Lab Building. The foundation also created the Omron Endowed Scholarship in Electrical Engineering.

Detroit Economic Growth Corp. Names Kevin Johnson as President and CEO

Detroit Economic Growth Corp., a quasi-public development agency, today announced it has appointed Kevin Johnson as president and CEO.

EPA Approves Troy’s Kansai Paint Group’s Anti-mosquito Paint

Kansai Paint Group, which has its American headquarters in Troy, today announced its anti-mosquito paint has been granted approval from the U.S. Environmental Protection Agency (EPA). The interior-use paint contains a synthetic pyrethroid insecticide and has been shown to significantly reduce the presence of mosquitoes in painted areas.

Macomb Township’s Tooling Tech Group Acquires Century Tool Group

Tooling Tech Group in Macomb Township today announced the acquisition of Century Tool Group, which includes Century Tool and Gage in Fenton and CTG Bel-Kur Automation in Temperance.

eBay CEO Devin Wenig Elected to GM Board Of Directors

Detroit-based General Motors Co. today announced the election of eBay president and CEO Devin Wenig to its board of directors.

Coopersville’s Mac’s Trax Inc. Partners with Grand Rapids-area’s Milrem Robotics to Develop Unmanned Propane Tank Hauler

Mac’s Trax Inc. in Coopersville has announced it has contracted Milrem Robotics, a Grand Rapids-area-based developer of smart unmanned robotic systems, to develop an unmanned propane tank hauler.

Dearborn’s Ford Announces Launch of Non-emergency Medical Transportation to Beaumont Facilities

Ford Motor Co. in Dearborn has announced the launch of GoRide, the company’s non-emergency medical transportation service for southeast Michigan. The program will cover more than 200 facilities within the Beaumont Health network.

OPS Solutions in Wixom, Maker of Light Guide Systems, Opens Headquarters in the Czech Republic

Wixom-based OPS Solutions, which developed an augmented reality tool called Light Guide Systems, has announced a new European headquarters in the Czech Republic.

Detroit-based Lambert, Edwards, and Associates Acquires Blicksilver Public Relations in New York

Lambert, Edwards, and Associates, a public relations, investor relations, and communications agency in downtown Detroit, today announced it has acquired Owen Blicksilver Public Relations Inc. in New York City. Terms of the transaction were not disclosed.

Northville’s OptiShot Golf Introduces Simulator Offering Data on Ball Spin, Ball and Club Speed, and Launch Angle

OptiShot Golf in Northville has announced the addition of BallFlight, the industry’s first simulator that offers detailed data on ball spin, ball and club speed, and launch angle.

Michigan’s Iron Belle Trail Receives More than $10.5M in Private Funding

Michigan Gov. Rick Snyder Tuesday announced $10.5 million in private donations have recently been pledged to help build the Iron Belle Trail. The money will help complete a major development for Michigan’s 2,000-mile hiking and bicycling trail that traverses the state, starting on Belle Isle and ending in Ironwood in the western Upper Peninsula.

McLaren Macomb in Mt. Clemens Debuts Heart Valve Replacement Procedure

Mt. Clemens-based McLaren Macomb’s Mat Gaberty Heart Center is now offering the Transcatheter Aortic Valve Replacement (TAVR) procedure, a minimally invasive heart procedure for patients who are at an increased risk for surgery.

Johan de Nysschen Leaving Cadillac, GM Announces New Senior Vice President and President

Detroit’s General Motors Co. today announced the appointment of Steve Carlisle to senior vice president and president of Cadillac. He will replace Johan de Nysschen, who is leaving the company effective immediately.

Report: Michigan VC Firms Invested $179M in 2017 to Support 68 Startups, More Funds Needed to Grow Industry

The Michigan Venture Capital Association (MVCA) in Ann Arbor, a nonprofit trade association founded in 2002, announced the release of its 2018 MVCA Research Report.

Hunter Pasteur Homes to Acquire Northville Downs Harness Racing Track, New Plans Call for up to 600 Residences

Hunter Pasteur Homes, a developer and luxury home builder in Farmington Hills, is under contract to purchase the Northville Downs harness racing track and adjacent parcels with plans to create a mixed-use development on the site.

Governor Snyder Heads to Europe To Attract Investment, Promote Michigan Tourism

Gov. Rick Snyder today announced he is leading an eight-day investment mission to Europe, focusing on attracting job-creating business investments and promoting Michigan’s strength in the automotive, mobility, and tourism sectors.

Chevrolet and Shell Partner to Bring In-dash Fuel Payment Option to Eligible Chevrolet Vehicles

Detroit-based General Motors Co.’s Chevrolet and Shell today announced they will introduce the industry’s first embedded, in-dash fuel payment and savings system. It will allow drivers of eligible Chevrolet vehicles to pay directly through the touchscreen in their vehicles when they get gas at participating Shell stations.

Henry Ford Health System Plastic Surgeon, Other Surgeons, Operate Simultaneously

Henry Ford Allegiance Plastic Surgery in Jackson, part of Detroit’s Henry Ford Health System, is increasing access to specialized surgical care while coordinating with other surgeons, allowing patients needing multiple procedures to have the surgeries at one time. Spearheading the initiative is Dr. Shoshana Ambani, medical director of Henry Ford Allegiance Plastic Surgery.

Detroit’s Roxbury Group to Develop Hotel in Midtown

Roxbury Group, a Detroit-based real estate development company, today announced it has entered into an agreement with Brooklyn-based West Elm Hotels to develop a hotel in Detroit Midtown neighborhood on Woodward Avenue at Eliot Street.

Housing Report: March Home Sales Down Since Last Year, Sale Prices Rise

Although metro Detroit home sales have dropped a little bit in March from the same period last year, prices are going up, according to the Re/Max Housing Report.

Wabco, a Technologies and Services Company, to Locate North American Headquarters in Auburn Hills

Wabco, a global technologies and services company working to improve the safety, efficiency, and connectivity of commercial vehicles, plans to make its North American headquarters in the city of Auburn Hills. The announcement was made today by the Michigan Economic Development Corp. (MEDC).

Shield’s Restaurant and Pizzeria in Troy Slated for $1M Remodel, Gets New Partner

Troy’s Shield’s Restaurant and Pizzeria, located at 1476 W. Maple Road, has added a new partner and is slated for a complete interior and exterior remodel. The restaurant will close following business hours on Mother’s Day, May 13, for construction. Costing approximately $1 million including architect and general contractor fees, the remodeled restaurant is expected re-open on Aug. 1.

Madison Heights Software Company Xeeva Inc. Gets More Than $40M in Investment

Xeeva Inc., a global provider of intelligent, cloud-based procurement, sourcing software, and financial solutions in Madison Heights, has announced an investment of more than $40 million led by PeakEquity Partners.

Grand Rapids-based Meijer to Implement Scan as You Shop Checkout

Grand Rapids-based Meijer today announced it is rolling out a shopping checkout program that allows customers with a smart device to scan bar codes and bag items as they move through stores. The program is called Shop and Scan and is slated to be available at all Meijer stores by the end of the summer.

U-M Breaks Ground on Ford Robotics Building, Part of Upcoming Robotics Institute

Officials at the University of Michigan in Ann Arbor Friday broke ground on the $75-million Ford Motor Company Robotics Building. The new facility, slated to open in early 2020, will be a four-story, 140,000-square-foot structure.

Ann Arbor’s Domino’s Pizza Activates Hotspots Across America for Delivery to Locations Without Addresses

Domino’s Pizza Inc. in Ann Arbor Township today announced more than 150,000 Domino’s Wi-Fi Hotspots are active across the United States, allowing customers to receive delivery at locations that don’t have traditional addresses, such as local parks, beaches, and sports fields.

Tespo, a Liquid Vitamin Dispenser Company in Plymouth Township, Closes Series A Round With $3.5M

Tespo, a health and wellness technology company based in Plymouth Township, today announced the closing of its Series A round of $3.5 million. The company specializes in providing all-liquid dietary supplements through a countertop dispenser.

Red Effect Infrared Fitness in Birmingham Adds Former Pistons Coach to Executive Team, Expands

Red Effect Infrared Fitness in Birmingham today announced Arnie Kander, a former NBA strength and conditioning coach with the Detroit Pistons, will join the company’s executive team as its chief medical director.

Standard and Poor Boosts Wayne County’s Bonds to Investment Grade

Standard and Poor’s Global Ratings now considers Wayne County’s General Obligation bonds investment grade, Wayne County announced today. The ratings agency upgraded the bonds to BBB- as part of an overall reassessment of ratings following S&P’s revision of its methodology.
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