Southfield-based automotive supplier and developer Federal-Mogul Powertrain today announced the acquisition of United Kingdom-based clean technology development company Controlled Power Technologies (CPT).
Flint-based Diplomat Pharmacy Inc. today announced a definitive agreement to acquire Leehar Distributors for a gross purchase price of $595 million, doing business as LDI Integrated Pharmacy Services. The transaction is expected to close in 30-60 days.
Beaumont Hospital in Dearborn has completed renovations for their neonatal intensive care unit (NICU), which cares for babies that are premature, born with underdeveloped organs, and facing medical conditions such as sepsis, seizures, or heart defects.
JPMorgan Chase and Co. today announced a $900,000 investment to support sustainable infrastructure projects in Detroit. Additionally, the firm is retrofitting more than 70 percent of its bank branches in metro Detroit with LED lights and new building management systems as part of its commitment to advance sustainable solutions.
While the current utilization of shared cars is 5 percent, Japanese information and communication technology firm Fujitsu America Inc. expects those levels to increase to at least 50 percent by 2030. As Mobility as a Service (MaaS) becomes more prevalent in consumers’ daily lives, there will be a need for improved driving efficiency, mobility options, and usage of cars.
The Dearborn-based Society of Manufacturing Engineers’ (SME) Medical Additive Manufacturing 3D Printing Workshop has released a new white paper discussing the opportunities and challenges stemming from the crossover between engineering and biology as 3D printing becomes more prevalent.
Children's Hospital of Michigan Foundation hosted "Derby for Kids" on May 6 at the Grosse Pointe War Memorial. The Kentucky Derby-themed event included a strolling reception, drinks, and a live auction.