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Chevrolet Debuts First 9-Speed Automatic Transmission in 2017 Malibu

The new Hydra-Matic 9T50 nine-speed automatic transmission will make its debut in Chevrolet’s 2017 Malibu and will also be available in the 2017 Cruze Diesel and 2018 Equinox. The General Motors Co.-developed transmission will be an option on 10 vehicles models by the end of next year.

Continental to Unveil New Motorcycle Technology

Continental, a global automotive supplier with its North American headquarters in Auburn Hills, will present eHorizon for two-wheelers, a software system that offers a shared platform for motorcyclist communities to share route information, at the Las Vegas-based 2017 Consumer Electronics Show in January.

The Conserva to Open in Ferndale This Saturday

The Conserva, a new Ferndale-based restaurant offering an eight-item, rotating menu that features meats, seafood, pickled vegetables, fresh mustards, and aioli, will open on Dec. 10.

Ford to Fund Detroit Symphony Orchestra’s Asia Tour

Ford Motor Co. and Ford Motor Co. Fund, the company’s philanthropic arm, is the lead corporate sponsor for the Detroit Symphony’s Asia tour. The tour, to take place next July, is the symphony’s first international tour in 16 years.

Roger Penske to Receive 2017 Horatio Alger Award

Nonprofit educational organization Horatio Alger Association of Distinguished Americans, Inc., has selected Roger Penske, chairman of Bloomfield Hills-based transportation service company Penske Corp., as a recipient of its 2017 Horatio Alger Award.

Saginaw Technology Company Launches New Software Platform

Wineman Technology, Inc., a Saginaw-based test solutions company, has released its new CANalytics software. The new platform provides an interface to maximize the benefits of controller area network (CAN) bus hardware for those in the automotive and aerospace industries.

Huron Capital Portfolio Companies Acquired for $70M by New Jersey Food Manufacturer

Detroit-based Huron Capital Partner’s portfolio companies Victoria Fine Foods Holding Co. and Victoria Fine Foods have been acquired for $70 million in cash by New Jersey-based B and G Foods, Inc., which manufactures, sells, and distributes branded shelf-stable and frozen foods. The deal is subject to a customary working capital adjustment.

Detroit’s Cobo Center Completes $2M Wireless Technology Upgrade

Cobo Center in downtown Detroit has completed a $2 million technology upgrade, which facility officials say will allow 32,000 users to simultaneously access its Wi-Fi network.

Ford Toughest Tailgate Tour to Visit Detroit This Week

As part of its recently established three-year partnership with the National Football League, Dearborn-based Ford Motor Co.’s Built Ford Tough Toughest Tailgate — an on-demand, nine-city tailgating tour — will visit Detroit this week.

OPS Solutions Moves to New Augmented Reality Technology Facility in Wixom

Novi-based OPS Solutions has moved to a new, custom-built facility in Wixom that will focus on the company’s augmented reality technology Light Guide Systems, which is primarily used for manufacturing in the auto and medical industries.

Birmingham’s Belfor Property Restoration Expands Texas Presence

In an effort to expand its footprint in Texas, Birmingham-based Belfor Property Restoration has acquired First Call Restoration in San Antonio. Terms of the November deal were not disclosed.

Grand Rapids Building Company Acquired by New York Firm, Renamed

Blue Wolf Capital Partners, a New York-based private equity firm, today announced that Blue Wolf Capital Fund III L.P., through an affiliate, has acquired New Zealand-based Tenon Holdings’ shares in NACS USA Inc., the Grand Rapids-based holding company for Tenon’s North American operating business. Terms of the deal were not disclosed.

Southfield’s Lear Corp. Launches New Design Studio

In an effort to offer differentiated seating designs, Lear Corp., a Southfield-based global supplier of automotive seating and electrical systems, has introduced a new design studio product service called Crafted by Lear.

Detroit-based Huron Capital's XLerate Group Acquires Lone Star Auto Auction in Texas

XLerate Group, a nationwide auction and remarketing facilitation provider and a portfolio company of Detroit-based Huron Capital Partners, has acquired Lubbock, Texas-based Lone Star Auto Auction. Terms of the deal, which marks the fourth add-on acquisition for XLerate in partnership with Huron Capital, were not disclosed.

Lansing-based Neogen Acquires Chemical Company in England

Neogen Corp., a Lansing-based developer of food and animal safety products, has acquired Quat-Chem Ltd., a Rochdale, England-based chemical company. Terms of the deal were not disclosed.
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More »From the Magazine

California Dreamin’

PDA Q&A: Ismail Houmani, E-Interview

Outside Bets

Detroit’s three casinos are banking on added entertainment, conventions, and a new hockey arena to drive future growth.

Foreign Correspondent

From Bloomfield Village to Tiananmen Square, ABC News’ Bob Woodruff covers the world.

Michigan Franchise Report: Pet Project

Livonia-based Pet Supplies Plus shows persistent growth since 1988.

From the Middle East to the Motor City

More than 500,000 people of Middle Eastern descent live in metro Detroit, and, combined, they generated $36.4 billion in economic activity in 2015. While the road to self-reliance can take years due to language and cultural barriers, the influx of refugees has been a boon to the regional economy.

Open Our Arms and Trust, But Verify

From an economist’s perspective, each legal immigrant holds the potential for augmenting “human capital,” the ultimate source of growth and prosperity for a region or nation.

Buildings In Time

From jewelry to historic buildings, Roger Basmajian embraces urban redevelopment.

Safe and Secure

Many inventions that have the greatest impact on everyday life are deceptively simple. Auburn Hills-based Hydra-Zorb’s cushion clamp could be considered one of those breakthroughs.

2016 Champions of the New Economy

For the seventh straight year, Junior Achievement of Southeastern Michigan, in partnership with DBusiness magazine and News/Talk 760 WJR, selected six regional executives who are driving growth in highly competitive industries.

Compendium News Links More »

The Outside Media Opine on the Motor City

Matty Moroun, Detroit's Border Baron

Source: Bloomberg Businessweek

Fiat Tries Again in the U.S.

Source: Bloomberg Businessweek

Luxury Pickups Stray off The Ranch

Source: The Wall Street Journal

Whole Foods' Detroit Gamble

Source: WallStreetJournal.com

Chrysler's Chief Marketer

Source: Bloomberg Businessweek

She Drive A Cadillac?

Source: Fast Company

Detroit Valentine

Source: The New Yorker

Reinventing Lincoln

Source: Bloomberg Businessweek

Sysco's New System

Source: Fast Company

So Cheap, There’s Hope

Source: The Economist

One House at a Time

Source: MetropolisMag.com

Art Motors On

Source: W magazine

Sergio’s Star Turn

Source: Forbes

Does America Need Manufacturing?

Source: The New York Times Magazine

Dodge Will Test Fiat Alliance

Source: The Wall Street Journal

Detroit Pushes Back With Young Muscles

Source: The New York Times

Grumpy Old Car Guys

Source: Bloomberg Businessweek

Detroit: City of Hope

Source: Forbes

Rival Bid Pits Detroit vs. Donor

Source: The Wall Street Journal

Dave Bing on Fixing Detroit

Source: Bloomberg Businessweek

Inside a College-Football Tragicomedy

Source: The Wall Street Journal

Charged for Battle

Source: Bloomberg Businessweek

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