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General Motors Donates $5M to The Henry Ford in Dearborn

Detroit-based General Motors Co. today announced it has contributed $5 million to The Henry Ford in Dearborn. In recognition of the donation, the flexible gallery space in the Henry Ford Museum of American Innovation will be named The Gallery by General Motors.

Work Begins on Fitzgerald Revitalization Project on Detroit’s West Side

Government, civic, and neighborhood leaders broke ground today on efforts to revitalize the Livernois-McNichols area on Detroit’s west side. The Ella Fitzgerald Park groundbreaking is the first major construction of the two-year Fitzgerald Revitalization Project, that will see some 115 vacant homes rehabbed for rental or sale, 16 demolished, and nearly 200 vacant lots turned into greenways, gardens, flowering meadows, or other community assets.

Truck Hero in Ann Arbor to Acquire Jeep Accessories Supplier Omix-ADA

Ann Arbor-based automotive accessory company Truck Hero has announced an agreement to acquire Omix-ADA Inc., an independent developer and supplier of Jeep off-road parts, accessories, and floor liners. The acquisition is expected to close at the end of October.

Detroit Blows Opens City’s First Non-Toxic Blow-Dry Bar

Non-toxic blow dry salon Detroit Blows has opened for business on the ground floor of the Z-Lot at 1232 Library St. The more than 2,000-square-foot salon will offer an array of beauty services. It will also be an impact-driven retail footprint by offering a rotating lineup of socially conscious brands from Detroit-based and global product makers.

U-M Tech Transfer Reports 444 New Inventions in FY2017

Researchers at the University of Michigan in Ann Arbor reported 444 new inventions, up from last year’s 428 and the fifth consecutive year with more than 400 inventions from U-M faculty. U-M Tech Transfer also had a record 172 U.S. patents issued in fiscal year 2017, an increase from 135 in fiscal year 2016.

PlanetM and AutoMobili-D Will Honor Mobility Firms During 2018 Detroit Auto Show

PlanetM, a Michigan Economic Development Corp. (MEDC) program, in partnership with the North American International Auto Show’s (NAIAS) mobility showcase AutoMobili-D, today announced the inaugural PlanetM Awards, which will take place on Jan. 15, 2018 at Cobo Center in downtown Detroit.

Leelanau Peninsula, Old Mission Peninsula Wineries Collaborate to Showcase Michigan Wines

Wineries of Northwest Michigan, a significant grape growing region, have strategically combined forces for a new initiative to create a brand that highlights the wines being grown in that area. The new branding campaign is called Traverse City Wine Coast.

Continental in Auburn Hills Develops Control Element for Automated Driving

As autonomous and connected vehicles move closer to commercialization, Auburn Hills-based global automotive supplier Continental today announced The Smart Control, an input device that is transparently and intuitively designed to aid the driver’s transition from operator to user of automated driving functions.

U-M Granted $1.8M to Develop Smart Floodproofing Technology

The University of Michigan in Ann Arbor has received a $1.8 million grant from the National Science Foundation (NSF) to develop autonomous smart technologies for aging storm water systems, which can lessen the impacts of flooding and potentially save lives. The grant is one of three funded nationwide and is among 38 projects announced under NSF’s new Smart and Connected Communities program.

Michigan Strategic Fund and Wayne State University Provide $2.2M to Develop Biomedical Technology

Three Wayne State University research teams have been awarded funding from the instutution’s Michigan Translational Research and Commercialization (MTRAC) program, which works to accelerate the translation and commercialization of its biomedical technologies and provide the resources to validate technical and market opportunities.

Cork and Gabel Restaurant to Open in Corktown in Spring 2018

Cork and Gabel, a restaurant fusion of Irish, Italian, and German cuisine, is slated to open in Detroit's Corktown district in April 2018. The restaurant will be owned by co-founders Matt McGrail, executive chef, and Joe Mifsud, owner of several Corktown residential buildings.

Genomenon Launches Mastermind Genomic Search Engine

Ann Arbor-based Genomenon today announced a complimentary edition of the Mastermind Genomic Search Engine to clinical, research, and academic institutions to advance genomic analysis and DNA data interpretation. The company is making Mastermind freely available to promote more rapid advances in genome analysis and DNA sequencing interpretation.

Gov. Snyder Issues Michigan’s First Open Investment Policy Statement

Gov. Rick Snyder issued Michigan’s first Open Investment Policy statement, declaring that foreign direct investment (FDI) helps drive Michigan’s economy and that foreign-based employers will be treated equitably.

Sakthi Automotive Creates 200 Jobs With $7M Detroit Expansion

Detroit-based Sakthi Automotive Group today began a $7 million expansion that will add 200 jobs to its manufacturing and distribution facilities in southwest Detroit. The company is constructing a standalone, 60,000-square-foot facility at the south end of its headquarters at 6401 W. Fort St. to supply under-carriage steering components and safety knuckles for several U.S. and European OEMs.

University of Michigan Startup Helps Travelers Fight Jet Lag

As a doctoral student at the University of Michigan, Olivia Walch developed the Entrain app, which reads the body’s circadian rhythms to help people combat jet lag.
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More »From the Magazine

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.

Capital Gain

If area banks backed loans against intellectual property, it would propel Michigan’s video game industry.

PDA Q&A: Glenn Stevens

Stacking Up

Joe H. Schodowski, president and CEO of Shelving Inc. in Auburn Hills, sums up the company’s offerings succinctly: “We rack your world,” he says.

Fiber Wars

Internet companies are racing to provide ever-faster data speeds, but there’s a much larger economic opportunity — hyper quick connectivity is a proven business-attraction tool.

Virtual Anatomy

Researchers at the University of Michigan are taking the science of anatomy into the simulated 3-D world.

Left Behind

Recent news that the Detroit Public Schools are in a financial mess, compounded by buildings that are deteriorating and poorly maintained, is no surprise. The school system has been experiencing self-inflicted duress since the 1970s.

Compendium News Links More »

The Outside Media Opine on the Motor City

Epiphany in Dearborn

Source: The Economist

Technology That Breaks the Car Industry Mold

Source: The Wall Street Journal

Detroit, Part One

Source: The Polis Blog

Detroit's Class Act

Source: Fortune

Whitacre's Crash at General Motors

Source: Financial Times

Another Chance for Alfa Romeo

Source: Financial Times

Dome Sweet Dome

Source: Bloomberg Businessweek

Can China Save GM?

Source: Forbes Magazine

Ed Whitacre's Battle to Save GM from Itself

Source: Bloomberg Businessweek

Thinking About Shrinking

Source: The Economist

Alan Mulally’s Asian Sales Call

Source: Bloomberg BusinessWeek

Hard Choices: Domino's CEO J. Patrick Doyle

Source: Bloomberg Businessweek

Signs of Hope

Source: NYTimes.com

Mayor Courts Resistance in Detroit

Source: The Wall Street Journal

25 Best Places to Retire

Source: CNN Money

The Triumph of Optimism

Source: Economist.com

Henderson's Strategy to Fix GM

Source: Businessweek.com

Mayor Courts Resistance in Detroit

Source: The Wall Street Journal online

How Marchionne Will Run Fiat-Chrysler

Source: Businessweek online

The Waxman-Pelosi Follies

Source: The Wall Street Journal Online

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