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Green Peak Innovations of Lansing, Michigan’s largest holder of vertical medical marijuana licenses, said it is acquiring a similar company in Florida.
Five startups – Bedestrian, EasyMile, Hi-Ho Mobility, NAVENTIK, and NAVYA – have received a total of more than $440,000 in PlanetM Mobility Grants and have access to two new PlanetM testing facility partners at Keweenaw Research Center at Michigan Technological University in Calumet and the Michigan Unmanned Aerial Systems Consortium (MUASC) in Alpena.
America’s Car Museum in Tacoma, Wash. is honoring General Motors Co.’s Cadillac brand with an exhibit that opens May 11 titled, “Cadillac – The Standard of the World.”
Detroit-based auto supplier American Axle and Manufacturing announced today that it is partnering with the city and community leaders to help revitalize the Campau/Banglatown area as part of the Strategic Neighborhood Fund (SNF) and Affordable Housing Leverage Fund (AHLF).
Michael Kors, Ted Baker, Morphe, and Shake Shack will be opening stores this spring at the Somerset Collection in Troy.
The Pure Michigan team is releasing “Pure Sounds of Michigan,” a first-of-its-kind, ambient music album on May 22. The selections take listeners on a sunrise-to-sunset tour of the Great Lakes State as a way to inspire travel.
General Motors Co. in Detroit has announced that it is creating more than 450 new manufacturing jobs in three Ohio cities and that it is in discussions with Cincinnati’s Workhourse Group Inc. to sell its idled Lordstown plant.
Perrigo Co., a large generic pharmaceutical company with global headquarters in Dublin, Ireland and North American operations based in Allegan, Mich., has acquired Grand Rapids store brand oral care manufacturer Ranir for $750 million. Perrigo also sold its animal health products business to Idaho’s PetIQ for $185 million.
Troy-based Meritor Inc., a global supplier of drivetrain, mobility, braking, and aftermarket solutions for commercial vehicle and industrial markets, today announced that it will acquire AxleTech Inc., also of Troy, for approximately $175 million in cash.
BorgWarner Inc., a large automotive supplier based in Auburn Hills, and California battery manufacturer Romeo Power Technology today announced a joint venture that the companies say will build a bridge between battery makers and customers.