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Olympia and Partners Announce $160M in New Housing in The District Detroit

Olympia Development in Detroit, along with several development partners, today announced $160 million in new and renovated housing and retail projects in downtown Detroit and Midtown. Four buildings will be renovated, while two new projects will be built next to Little Caesars Arena, the 20,000-seat venue that will be home to the Detroit Red Wings and Detroit Pistons when it opens in September.

Consumers Energy Offers Rooftop Solar Pilot Program for Michigan Households

Jackson-based energy provider Consumers Energy today announced a solar energy pilot program, allowing customers to put solar panels on the rooftops of their homes. In collaboration with California-based SunPower, the program offers long-term financing options, 25-year power and product warranties, and installation options.

Huron Capital’s Good Sportsman Marketing Completes Two Acquisitions

Detroit-based private equity firm Huron Capital has announced that its portfolio company, Dallas-based Good Sportsman Marketing (GSM), recently completed two add-on acquisitions. GSM acquired Scent Web from Beaverton, Mich.-based A-Way Hunting Products Inc., and Eugene, Ore.-based Bullseye Camera Systems. The acquisitions represent the second and third add-on deals for GSM since Huron Capital’s initial investment in June 2016.

Varroc Lighting Systems Expands to Brazil to Grow Global Lighting Business

Plymouth Township-based Varroc Lighting Systems has announced an expansion into the Brazilian market, supporting the company’s global growth plans. The strategic expansion was made possible through a partnership with German company Merka Lang, with both companies now sharing a 66,000-sqaure foot facility in Sorocaba, where Merka Lang has been operating since 1998.

Speyside Equity Fund Acquires Avon Gear Co.’s Assets

Speyside Equity Fund I LP in New York has announced the acquisition of Shelby Township-based Avon Gear Co. The transaction was completed on May 17, and terms of the agreement were not disclosed.

BLOG: Following a Marital Divorce, Your Business Partnership Can Survive

When a marriage dissolves and a jointly-run business is involved, there are a limited amount of options available and all come with their own complications. One, the business can be sold; two, one of the partners can buy out the other; or three, the divorced couple can continue to run the business together.

Ford Announces Global Leadership Team Appointments

Following the announcement that Jim Hackett would replace Mark Fields as president and CEO on Monday, Ford Motor Co. today announced senior leadership appointments worldwide, completing Hackett’s newly reorganized team.

DTE Biomass Energy Acquires Renewable Natural Gas Facilities Near Houston

DTE Biomass Energy, an Ann Arbor-based subsidiary of DTE Energy in Detroit, today announced the acquisition of two landfill gas-to-energy projects in Texas —Ford Bend Power Procedures facility outside of Rosenberg (west of Houston) and the Seabreeze landfill gas development project in Angleton (south of Houston).

GMC announced upgrades to the 2018 Yukon Denali lineup, including styling and trim enhancements and a new 10-speed automatic transmission.

GMC announced upgrades to the 2018 Yukon Denali lineup, including styling and trim enhancements and a new 10-speed automatic transmission. The Yukon Denali’s new 10-speed automatic leverages the engineering experience of General Motors Co.’s multispeed transmissions to deliver improved performance. A wider, 7.38 overall gear ratio spread, compared to the vehicle’s previous eight-speed automatic, enables a lower numerical top gear ratio and contributes to greater efficiency.

Chevrolet Named Official Vehicle of Little Caesars Arena

Chevrolet and Olympia Entertainment today announced the expansion of their partnership, making Chevrolet the official vehicle of the upcoming Little Caesars Arena. The two also are official vehicle partners at Comerica Park, home to the Detroit Tigers.

Verve Continues Expansion, to Open Southfield Location June 1

Verve, a New York-based location-powered mobile marketing company, today announced its continued expansion in the Detroit market, opening a new sales office in Southfield, the company’s seventh worldwide. The team will focus on regional sales and client services, serving local brands and advertisers including Ford Motor Co., FCA US, General Motors Co., and The Mars Agency.

Bird Bee Boutique Opens Today in The Albert in Detroit

After operating as a pop-up and an online retailer, clothing and accessories boutique Bird Bee today opens its first brick and mortar location at The Albert in Detroit’s Capitol Park. The soft opening will begin at 5 p.m., followed by a grand opening on Thursday, June 1 from 5-8 p.m., where shoppers can enjoy refreshments and special discounts.

Olympia Entertainment Selects Delaware North Sportservice as Food, Beverage, Retail Provider for Little Caesars Arena

Delaware North Sportservice — a division of global hospitality and foodservice provider Delaware North — has been named the food, beverage, and retail partner for Little Caesars Arena. The 20,000-seat arena is scheduled to open in September at Woodward Avenue and Henry Street.

Sistine Chapel Choir to Perform in Detroit for First Time on Sept. 23

Often referred to as “The Pope’s Choir,” the Sistine Chapel Choir, in partnership with Corporate Travel in Dearborn Heights and the Archdiocese of Detroit, today announced its first Detroit performance, taking place Saturday, Sept. 23 at the Detroit Opera House.

U-M Procedure Could Cut 99.9 Percent of Validation Costs for Autonomous Vehicles

Mobility researchers at the University of Michigan in Ann Arbor have devised a way to test autonomous vehicles, bypassing the billions of miles needed for consumers to consider them ready for the road.
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More »From the Magazine

Legal Eagles

For the third year, DBusiness honors six young lawyers as nominated by our readers and their peers.

Mad Dog

Following 40 years at Compuware Corp., Peter Karmanos Jr. — with a group of 25 technologists — is out to revolutionize the $700-billion commercial automations systems industry.

Robbing Peter to Pay Paul

During the last two years of Peter Karmanos Jr.’s tenure as chairman of Compuware Corp., a Shakespearian-type drama unfolded that led the board to fire him and cancel more than $4.1 million in vested stock options.

Guiding Light

An inventor from Novi uses light to eliminate production errors.

Hyper Speed

The inside story of how a trio of young entrepreneurs convinced billionaire Dan Gilbert to back high-speed Internet service in Detroit — and beyond.

A Badger Tale

New app helps Troy-based logistics firm recover from the recession.

Spin View

Focus: Remote Payment

For DTE Energy, drug stores have become a fertile ground for customers who traditionally stood in long lines at their payment centers.

U-M Opens Radick Farms to Public Play

Personal Collection

Compendium News Links More »

The Outside Media Opine on the Motor City

If Obama Had Carter's Courage . . .

Source: The Wall Street Journal online

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