Grace Turner
Troy’s Kresge Foundation Provides $1.5M for 18 Detroit Community Projects
The Kresge Foundation in Troy today announced $1.5 million in grants for 18 new projects and planning efforts in Detroit’s neighborhoods. The grants are the first to be awarded as part of a $6 million, three-year relaunch of Kresge Innovative Projects: Detroit.
Novi’s DexKo Global Acquires Minority Shareholding in Air Suspension Company in the Netherlands
DexKo Global Inc., a Novi-based manufacturer of chassis technology, assemblies, and accessory parts, has acquired a minority shareholding in VB-Airsuspension B.V., which is based in Varsseveld, Netherlands. Details of the transaction were not disclosed.
Block Auction House Opens in Ferndale, Will Host Community Events
Block Auction House, an affiliate of Aaron’s Estate Sales in Birmingham, Friday announced it has completed its move into a new auction house in Ferndale.
Tata Technologies Moves North American Headquarters to Detroit
Tata Technologies, a Tata Group company and a global engineering consulting organization, today announced it is relocating its North American headquarters to Detroit from Novi in early 2019.
General Motors Co. in Detroit Opens Race Display in Renaissance Center
Detroit’s General Motors Co. today announced it has opened a display of a dozen modern and vintage racing vehicles and pace cars from across the motorsports spectrum in GM World, a new display area at its world headquarters at the Renaissance Center.
Ann Arbor’s Strata Oncology Secures $26M in Series B Funding
Strata Oncology, a precision oncology platform company based in Ann Arbor, has announced the close of a $26 million Series B funding round.
Quicken Loans Partners with Grand Circus and CSforALL to Offer Coding Training to Detroit...
Quicken Loans Inc. in Detroit Thursday announced a partnership with Detroit’s Grand Circus and CSforALL in a step toward ensuring 15,000 Detroit students receive computer science training over the next five years.
Report: Wage Increases Lower Than Expected, According to Livonia’s American Society of Employers
The American Society of Employers (ASE), a Livonia-based employer association that has served Michigan employers for 115 years, Wednesday released its 2018 Compensation Survey results. While expected wage increases have not come through, the human resources, medical, and engineering fields saw the highest increases.
Report: Federal Tax Reform Will Continue to Advance U.S., Michigan Economy, Upcoming Elections Cause...
Business Leaders for Michigan Wednesday released its second quarter 2018 economic forecast, which predicts tax reform will continue to advance the Michigan and United States economies.
Auburn Hills’ Faurecia Invests in Traverse City Automotive Heating and Cooling Startup for Cockpit...
Faurecia, an automotive technology company in Auburn Hills, Wednesday announced it has invested in Promethient, a Traverse City-based startup that designs and produces a climate control technology that is adaptable for multiple vehicle thermal use cases.