DBusiness Daily Update: Sandvik Acquires Troy’s Dimensional Control Systems, and More

Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us a message.
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Dimensional Control Systems in Troy has been acquired by Sweden’s Sandvik. // Courtesy of DCS
Dimensional Control Systems in Troy has been acquired by Sweden’s Sandvik. // Courtesy of DCS

Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us a message.

Sandvik Acquires Troy’s Dimensional Control Systems

Dimensional Control Systems, a global provider of dimensional quality management software and on-site engineering services in Troy, has been acquired by Sandvik, a Swedish engineering company. Terms of the transaction were not disclosed.

Sandvik says DCS’s offering will complement and enhance the Swedish company’s existing portfolio within metrology. The company will be reported in the Industrial Metrology division, within business area Sandvik Manufacturing and Machining Solutions.

“This acquisition is in line with our strategic focus to grow in the digital manufacturing space, with special attention on industrial software close to component manufacturing,” says Stefan Widing, president and CEO of Sandvik. “Dimensional Control System’s offering, in combination with our extensive manufacturing know-how, will enhance Sandvik’s overall digital offering and specifically our industrial metrology solutions.”

DCS’s software solutions include CAD simulation tools, enabling customers to improve and validate their component design and metrology measurement plan — resulting in reduced scrap, rework, downtime, and non-conformance issues. It has more than 400 software customers in automotive, aerospace, high-tech electronics, medical devices, and industrial machinery manufacturing — with 10,000 licenses in total. Software revenues represent 65 percent of total sales, of which 40 percent are recurring revenues.

“Dimensional Control Systems’ software suites have strong underlying growth and will further strengthen our end-to-end metrology solutions by adding three-dimensional analysis and quality assurance capabilities, as well as deep Geometric Dimensioning and Tolerancing expertise,” says Christophe Sut, president of Sandvik Manufacturing Solutions. “This will significantly improve quality and productivity for our customers, enabling more sustainable manufacturing.”

Lume Cannabis Opens 29th Store in Michigan

Michigan-based Lume Cannabis Co. will open its 29th Michigan store at on Thursday in Bear Creek Township, northwest of Gaylord. This is Lume’s ninth adult-use store in northern Michigan.

“This has been a year of explosive growth for Lume Cannabis Co. and we’re ending the year on a high note with the opening of our Bear Creek Township adult-use store, which is the second in the Petoskey area,” says Doug Hellyar, president and COO of Lume.

This year, Lume has opened 16 adult-use stores. The effort is part of Lume’s goal of having 100 adult-use stores open throughout Michigan by 2024.

“Lume is a Michigan-born company, and our number one goal is serving the cannabis needs of every Michigander, regardless of where they live,” Hellyar says. “We take great pride in giving back to the communities we serve, creating jobs and providing much-needed tax revenue to local municipalities to fix roads, hire first responders and support local schools.”

Oakland University to Begin Winter Semester Online

In light of the continuing spread of the COVID-19 virus, most of Oakland University’s winter 2022 courses, including hybrid and in-person classes, will start in an online-only format on Jan. 5. Barring a further need to respond to pandemic conditions, classes will return to their previously scheduled delivery formats on Jan. 18.

A small subset of winter 2022 courses — such as labs, lab-based research, and field experiences may meet in person starting on Jan. 5. Students enrolled in such courses should contact their instructors for additional direction.

“We are proud of the health and safety measures our campus community has taken over the past two years,” says Ora Hirsch Pescovitz, president of Oakland University. “We are grateful that the campus community compliance rates are very high. That said, we also understand that we have to continue to actively work to maintain our health and safety as we go into the winter semester and the new year.”

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