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XLerate Group, the nationwide auction and remarketing facilitation platform of Huron Capital, a lower-middle-market private equity firm in downtown Detroit, on Monday acquired two entities, Southeastern Auto Auction and Morton Auto Auction. Terms of the transactions were not disclosed.
Motor City Industrial of Hazel Park has acquired West Virginia-based Smith Fastener, increasing the company’s product and service offerings, and broadening its customer base. Terms were not disclosed.
Wayne State University and Microsoft Corp. today embarked on a partnership to improve employability in Detroit. The pilot program is designed to foster job-ready, employable talent for high-demand technical positions such as cloud computing, data analytics, cybersecurity, AI, engineering, and more.
Ford Motor Co. Wednesday introduced its all-new 2020 Explorer — a complete redesign of America’s best-selling SUV — that the automaker says now features more power, space, and smart technologies.
PowerPlus Mouthguard from Traverse City Dentist Helps Boost Athletic Performance While Reducing Concussions
PowerPlus Mouthguard, developed by a Traverse City dentist and manufactured in Gaylord, is the newest evolution of protective gear designed to maximize both the safety and performance of athletes participating in all sporting activities.
The Farmington Hills-based American Concrete Institute opened its new regional office in Dubai, United Arab Emirates on Jan. 6, marking the organization’s first physical presence outside of the United States since its founding in 1904.
The American steel industry is showcasing the role of advanced high-strength steel in the architecture of mobility in the Steel Market Development Institute’s exhibit Jan. 14-17, when the global media and the automotive industry has exclusive access to the North American International Auto Show at Cobo Center in downtown Detroit.
Ford Motor Co. is all in when it comes to adopting Qualcomm’s 5G cellular vehicle-to-everything technology, saying it plans to add C-V2X to all of its vehicles by 2022 in a blog post written by Don Butler, executive director of Ford’s connected vehicle platform and product.
Southfield’s Lear Corp. and Northville Township’s Gentherm today announced a strategic joint development partnership to drive the future of passenger thermal seating solutions.
San Francisco investment firm H.I.G. Capital has acquired Warren’s Lipari Foods from Connecticut-based Sterling Investment Partners and other unnamed shareholders. Terms of the transaction were not disclosed.