DBusiness Daily News
New Developments Spark Growth in Downtown Auburn Hills
Four new developments are underway in downtown Auburn Hills, including two community hubs, apartments with lower-level retail space, and a parking structure. The projects, to be completed in the next few months, include:
The Downtown...
Call Center Moves into Former Borders’ Headquarters
The former headquarters of Borders in Ann Arbor will be 40 percent occupied following Thursday’s announcement that Toledo-based Universal Marketing Group has signed a lease for 10,000 square feet of space. The company will...
Ford Breaks Speed Records at Daytona International Speedway
Colin Braun set three speed records at Daytona International Speedway while driving a Riley Technologies Daytona Prototype racecar powered by the new 3.5-liter V6 Ford EcoBoost race engine.
In a special record run attempt on...
Chrysler Invests $1.2B in Engine and Assembly Plants in Mexico
Chrysler has invested roughly $1.2 billion in two facilities located in Saltillo, Mexico, said Sergio Marchionne, chairman and CEO of the Chrysler Group, during a dedication event Thursday.
Of the investment, nearly $1.1 billion was...
Michigan Housing Index Shows Continuing Optimism
A statewide survey shows that Michigan’s homebuilders and remodelers remain optimistic about the strength of the housing market, according to a report released Wednesday.
The Michigan Housing Index found that the third quarter index for...
Amway Starts R&D Center in China in Addition to $375M Global Expansion
Amway broke ground Wednesday on a $10-million botanical research center in Wuxi, China, near Shanghai. The project is in addition to a $375 million manufacturing and R&D expansion by Amway that will include seven new sites,...
Kilpatrick Sentenced to 28 Years, Likely to Spend Rest of His Life in Jail
Former Detroit Mayor Kwame Kilpatrick was sentenced today to 28 years in prison for his public corruption conviction.
“This is the end of a long Greek tragedy," Oakland County Executive L. Brooks Patterson said in a...
Counties Form Consortium to Attract Business to Ann Arbor Region
In an effort to attract businesses to the greater Ann Arbor region, organizations representing six counties — Hillsdale, Jackson, Lenawee, Livingston, Monroe, and Washtenaw — have joined forces to attract businesses to the area.
“This collaborative effort to promote the...
Michigan Ranks 14th for Business Tax Climate in U.S.
The business tax climate of Michigan ranked 14th this year out of all 50 states, according to a report by the Tax Foundation, a nonpartisan research organization based in Washington. The state’s overall ranking...
Chamber Renews Call for Structural Reform
Today the Detroit Regional Chamber renewed its call for substantial structural reform and issued a clarification to media reports regarding the its role in broad tax reform in Michigan.
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