Emma Klug
Grand Rapids’ Tetra Discovery Partners Receives $5M in Grants
Tetra Discovery Partners, a Grand Rapids-based biotechnology company, has received two federal grants that together total $5 million. The funding will help assist the company’s efforts to develop therapeutic products for people suffering from Alzheimer’s disease and other brain disorders.
Report: Job Gains in Southeast Michigan Will Stoke New Home Construction
With 85,000 new jobs recorded in the region over the last 12 months, the Home Builders Association of Southeastern Michigan in Farmington Hills projects annual new home permit activity could increase up to 40 percent from recent years.
Pontiac’s $20M Flagstar Strand Theatre Will Open in January, Host Sneak Preview Benefit Next...
Prior to its expected January opening, the Flagstar Strand Theatre for the Performing Arts, a $20 million renovated performance space in downtown Pontiac, will host a Sneak Preview Benefit on Dec. 15.
New Wine Shop and Tasting Room Opens in Downtown Birmingham
Old Woodward Cellar, a new shop featuring more than 1,000 wines ranging in price from $15 to $15,000 per bottle, has opened in downtown Birmingham.
Ann Arbor Chemical Testing Lab Recapitalized, Marks Growth Trajectory
In an effort to foster growth and reinforce its infrastructure, Avomeen Analytical Services, a full-service independent analytical and chemical testing laboratory based in Ann Arbor, has announced a recapitalization with High Street Capital, a Chicago-based provider of flexible capital and operating expertise to middle market businesses. Terms of the deal were not disclosed.
Beaumont Hospital Unveils Renovated Cardiac Lab in Farmington Hills
As part of an ongoing $160 million expansion plan, Beaumont Hospital in Farmington Hills has opened its updated Cardiac Catheterization Lab, which was taken out of service in mid-October to install an advanced imaging system.
Ford Launches Mobility Solutions Challenge Called Go Detroit
Dearborn-based Ford Motor Co. is kicking off Go Detroit, a challenge designed to stimulate new ideas and find ways to better connect Detroit communities through mobility solutions.
Survey: U-M Consumer Confidence Index Rises Following Presidential Election
The Sentiment Index, a consumer confidence index by Ann Arbor-based University of Michigan, reached 93.8 points for November, which is up from 87.2 in October and 91.3 year-over-year. This month’s results were 8.2 points above the index’ November pre-election reading, the university’s Surveys of Consumers says.
5Qs: 2016 Kidney Ball Honorary Co-chair Duane McLean of the Detroit Tigers
Duane McLean, executive vice president of business operations for the Detroit Tigers, is one of the honorary co-chairs of the Kidney Ball, an annual gala fundraiser presented by the National Kidney Foundation of Michigan. DBusiness Daily News spoke with McLean about this year’s Kidney Ball and his experience with the nonprofit organization.
Michigan Strategic Fund Projects to Generate $215M in Detroit
Three new construction projects expected to generate just over $215 million in private investment and create 265 jobs in the city of Detroit have today received support from the Michigan Strategic Fund.