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Tim Keenan

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Report: Michigan Ranks 9th in Nation for Economic Development Projects

Michigan ranks ninth among the top 10 states with the most economic development projects according to Site Selection magazine’s 2018 Governor’s Cup rankings, moving up two places from last year’s list. The magazine covers economic planning and expansion nationwide.

PGA Tour Rocket Mortgage Classic Tickets Go on Sale Next Week

Tickets for the inaugural Rocket Mortgage Classic at the Detroit Golf Club — the first PGA Tour event ever played in the city of Detroit — will go on sale to the general public next Wednesday.
beer

Proposed Grain, Malting Facility Near Jackson to Benefit State’s Growing Craft Beer Industry

Michigan’s growing craft-brewed beer industry is expected to benefit from Independent Barley & Malt Inc.’s proposed commercial-scale grain processing and malting facility in Litchfield, west of Jackson, after an agreement was announced today between IB&M and The Andersons Inc. of Maumee, Ohio to source, supply, deliver, and store malting barley for the operation.
1977 Woodbridge

DEGC Seeks Team for Commercial Redevelopment Opportunity in Rivertown

The Detroit Economic Growth Corp. is looking for a qualified team for a commercial redevelopment of a vacant, desirable parcel in Detroit’s Rivertown area.
Craig Dahl

Chemical Financial, TCF Financial Name Leadership for New Bank

Anticipating the closing of their merger this year, Chemical Financial Corp. and TCF Financial Corp. have named the executives who will lead the new bank venture under the TCF name and will be headquartered in Detroit.

Lyft Files for IPO, Announces Driver Bonus Program

San Francisco-based ride-sharing company Lyft has filed documents with the U.S. Securities and Exchange Commission relating to a proposed initial public offering for an undetermined number of shares of its Class A common stock. The price range for the stock also has yet to be determined.
Barry Engle

Retirement, Departure Sets Off Executive Shuffle at General Motors

The retirement of Alan Batey, executive vice president of North America, and the departure of Alicia Boler Davis, executive vice president of global manufacturing, to pursue other opportunities has set off a chain reaction of leadership maneuvering at General Motors Co.

Livonia’s Masco Corp. Exploring Options for Cabinetry, Window Businesses

Livonia’s Masco Corp. says it is exploring “strategic alternatives” for its Ann Arbor-based cabinetry and window businesses.
U.S. Chamber of Commerce CO–

U.S. Chamber Launches New Digital Platform to Help Businesses

The U.S. Chamber of Commerce has launched CO–, a new digital platform to help business owners solve problems, break down barriers, and grow their companies.

Buddy’s Pizza to Open Downtown Location in Grand Circus Park

Construction has begun on the new Buddy’s Original Detroit-Style Pizza restaurant in the Madison Building in Grand Circus Park, which is scheduled to open in late summer or fall.

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