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Detroit’s Huron Capital Partners, a lower-middle-market private equity firm, today announced its socks and apparel accessories platform, IQ Brands, has acquired Wheel House Designs, a producer of novelty socks to stores and boutiques throughout North America. The deal marks the fourth add-on acquisition for the IQ Brands platform. Terms of the deal were not disclosed.
Ann Arbor’s Universal Robots, a company that develops collaborative robots, or cobots, that work safely alongside workers with no need for safety guarding in most scenarios, Wednesday announced it has created the first solution for random robotic case erecting, the XPAK ROBOX. The new cobot erects any box in its suite on-demand without changeover.
Detroit-based StockX, the world’s first stock market of things, today announced its expansion to the European market. The company’s platform has conducted international business in 200 countries for the past two years.
Plymouth Township’s Skyway Precision Inc. today announced it has acquired South Carolina’s Bellwright Manufacturing, a manufacturer of computer numerical control machined components for the commercial truck, agricultural, utility vehicle, automotive, and appliance markets. Details of the transaction were not disclosed.
Randazzo Mechanical Heating and Cooling in Macomb Township has acquired Hager Fox Heating and Air Conditioning in Lansing. The transaction closed on Sept. 28, and financial details were not disclosed.
The Workforce Intelligence Network for Southeast Michigan (WIN) Wednesday announced a partnership with OneMagnify in Detroit to bring Apprenti, a U.S. Department of Labor-registered IT apprenticeship program, to its operations in Detroit.
Ferndale’s Bollinger Motors Wednesday unveiled a preview of its newest vehicle design: an all-electric, all-wheel drive B2 pickup truck.
East Lansing’s Michigan State University Wednesday announced it has opened a facility in Mexico that produces millions of male mosquitoes. The work at the facility, which is supported by a $1-million grant from USAID, will use the insects to control the mosquito population.
Filmmaker Keith Famie’s Dementia Documentary Returns to DPTV, 2019 Projects Include Cancer and Blessed...
Wixom-based Detroit Public Television (DPTV) has announced it will broadcast an encore of documentary filmmaker Keith Famie’s film, “Those on the Front Lines of Alzheimer’s and Dementia,” on two different dates.
Manufacturing Technology Inc. (MTI) in Indiana Tuesday announced it has shipped North America’s first linear friction welder capable of full-sized part development, the LF35-75, to Detroit’s Lightweight Innovations for Tomorrow (LIFT).