What downtown Detroit has in abundance is potential. Offering one of the nation’s most impressive collections of office structures built prior to 1940, the central business district is an architectural playground ripe for a turnaround.
When a 50-year-old dormitory at the University of Michigan in Ann Arbor developed severe plumbing problems — water flow had slowed to a trickle — a school management team budgeted $11 million to replace the entire system.
In January, General Motors CEO Dan Akerson is scheduled to be elected chairman, replacing Ed Whitacre. GM remains the No.1 car company in the United States. In 2010, for the first time it sold more vehicles in China than in America.
Jason and Michael Teshuba are used to navigating different business models. In 2002, the siblings designed and built websites for a variety of clients. Two years later, they began offering language-learning services, although publisher royalties cut into their profits.
In business or in battle, David T. Maccagnone isn’t afraid to advance. The CEO of Multi-Bank Securities Inc. in Pleasant Ridge, which invests funds on behalf of banks, credit unions, and other institutions, says the success of his firm — it was cited in Inc. magazine’s 2010 list of the 5,000 fastest-growing companies — is due, in large part, to his military experiences.
For years, Habitat for Humanity Oakland County rolled out its affordable home program with little deviation — put out a call for corporate donors, gather volunteers, build or renovate dwellings, and hand the keys over to needy families.
Is it possible to buy a car using an Apple iPad? The answer is yes, thanks to Mercedes-Benz Financial in Farmington Hills, which developed an online sales tool for the German automaker’s 355 dealerships in the United States — an industry first.
In 2010, Ford gained U.S. market share and was able to sell its cars and truck at higher prices. In October, the automaker made a final payment to the UAW’s retiree health care trust fund. The automaker recently introduced the 2011 Ford Explorer.
At the 34th District Court on Wayne Road in Romulus, the cash register begins ringing early most weekday mornings as dozens of motorists and lawyers, traffic tickets in hand, line up to play the Downriver court’s version of Let’s Make A Deal.
Howard Weinberger was on a mission. As a longtime collector of toys from the past, as well as other rare items, he spent seven years in search of little-known silver and gold medallions from the Apollo space program.
A team of researchers at Kettering University in Flint has developed a device, called a reformer, that converts gasoline, diesel, natural gas, and other commonly available fuels into hydrogen — the lifeblood of fuel cells.
DB: Where are you? GB: In Chicago. We’re about to meet with our wine distributor, Wirtz Beverage Illinois — it’s owned by Rocky Wirtz, the owner of the Chicago Blackhawks. DB: What kind of meeting is it? GB: We’ll review the execution of our brand management, and our plan of action. From there, we’ll visit […]
Forget expensive prototypes. Realtime Technology in Royal Oak can project a 3-D image of a concept vehicle and make it appear to hug a hairpin turn or accelerate through a straightaway.
The Detroit District Council of the Urban Land Institute honored Edsel B. Ford II and Peter Karmanos Jr. with its inaugural Placemaker Award on Nov. 11 at the Westin Book Cadillac Detroit. Presenting the awards was Amanda Burden, chair of the New York City Planning Commission and director of the New York Department of City Planning.
The Detroit Hispanic Development Corp. held its 13th annual Dream Maker’s Youth Ambassadorship Program on Oct. 21 at DTE Energy’s corporate headquarters in Detroit. The initiative trains young people to educate their peers about the importance of completing school and developing professional skills.
A longtime holiday tradition, the Downtown Detroit Partnership hosted its annual Detroit Aglow fundraiser on Nov. 22 at the Westin Book Cadillac Detroit. More than 700 guests enjoyed a traditional holiday dinner of turkey with all of the fixings.
The Hantz Group, a financial holding company in Southfield, held its 13th anniversary celebration party at a private residence in Detroit on Oct. 1. The event included an Italian buffet from Giovanni’s in Detroit, numerous food stations, a dessert bar, and live entertainment.
It was a grand night for metro Detroit barristers as DBusiness hosted its first ever Top Lawyers reception at the Detroit Golf Club on Nov. 18. The event honored nearly 900 private attorneys who were recognized by their peers for their exceptional legal talents among 49 practice areas.
Strategic Staffing Solutions, a global IT and business services firm in downtown Detroit, celebrated its 20th anniversary on Oct. 1 at the Detroit Athletic Club. More than 600 guests enjoyed cocktails, a gourmet buffet, and live entertainment.
The American Cancer Society in Southfield raised $625,000 at its 2010 Cattle Baron’s Ball on Nov. 6 at Oakland University’s Shotwell-Gustafson Pavillion in Rochester Hills. The funds will assist with the diagnosis and treatment of cancer.
The Polish Mission of the Orchard Lake Schools and Miller Canfield hosted former Polish President and Nobel Peace Prize winner Lech Walesa on Oct. 26 at the Pine Lake Country Club in West Bloomfield. Walesa also opened “Solidarnosc: Poland’s Struggle for Freedom” at the Walter P. Reuther Library.
On Oct. 23, the College for Creative Studies held its 29th annual Detroit International Wine Auction at the Detroit Marriott at the Renaissance Center. The event was sponsored by General Motors and featured wines from Duckhorn Wine Co.
Frank Stronach has gone home for the holidays. Home as in Austria, that is — the once war-tattered country where he was raised before setting sail as a teenager, bound for a new country and a new life that, six decades later, he admits he couldn’t have imagined.
Detroit in 1850 exhibited little in the way of mechanical ingenuity. The fur trade was fading as the city’s chief export, replaced by salted fish. The population of 21,019 had developed a fairly robust agricultural market, and the timber industry was starting to catch on.
Sailing for England in 1895, William E. Metzger carried letters of introduction from Detroit and New York bankers, but after almost two weeks in London, he remained uninvited to the horseless carriage exhibition he’d traveled so far to see.
Chrysler posted better-than-expected financial results from Jan.-Sept. 2010 while raising its forecast. Chrysler says it expects to make a pre-tax profit of $700 million in 2010, up from $200 million previously.
The government restructured the auto industry; now it needs to restructure immigration. Why is that important for Michigan?
Former Big 3 Executives (2007-10)
Nino Licari is a popular figure these days. Like many city assessors in metro Detroit and elsewhere, Licari’s office is being overrun by tax reps — a collection of lawyers, accountants, and tax advisers who are seeking property tax reductions for their clients.
Most individuals are aware of the story of Rip Van Winkle. What would you have missed if you had fallen asleep just 2 years ago?
Keynotes to Discuss How-To Re-Build, Re-Invent and Re-Energize Michigan
A second straight year of public attendance increases with 735,370 visitors to NAIAS, which included the breaking of a single-day record from 1993 of 74,900 for a Friday
Internal reorganization and executive changes to position the company for continued operational growth and success
New Variable Turbine Geometry Turbochargers Set New Benchmark in Lower CO2 Emissions for 1.6-Liter Diesel Engines
Historic Detroit Building to be Transformed into Unique Entrepreneurial Hub for Tech-Based Start-up Companies
The AR.Drone is a quadricopter using augmented reality and piloted with an iPod touch®, an iPhone® or an iPad™
Customers nationwide will be able to order Volts with participating dealers beginning in the second quarter.
With the construction, the Extrema operation is growing from 32,000 square feet to 107,000 square feet
Olympia Entertainment Posts Strong Results: Affiliated Venues Host Over 350 Events and Sell Out 92 Events in 2010
Company Bundles across Red Wings, Tigers, Fox Theatre to Meet Customer Demand for Greater Entertainment Value
The Company is reorganizing to provide a sharper focus on the significant global opportunities that exist for each of its 12 brands, and will create a stand-alone International Group
Instead of defending a broken system, it’s time for Michigan to explore new ways to make its Medicaid pharmacy program more affordable and effective
Hearings to be held at the Main Detroit Public Library, Lower Level Auditorium, 5201 Woodward Avenue
When William C. Taylor, co-founder of Fast Company magazine, searched the country for companies and organizations that were successful change agents, he made several visits to Henry Ford West Bloomfield Hospital. The result: The health care organization was featured in Taylor’s new book, Practically Radical: Not-So-Crazy Ways to Transform Your Company, Shake Up Your Industry, and Challenge Yourself.
General Motors is teaming up with a variety of media partners to create a new TV series aimed at entertaining and informing today’s “classic” man
MeijerDoorstepGrocer.com Offers Thousands of Grocery And Drugstore Items That Can Be Delivered Straight To A Shopper’s Doorstep
Chrysler Group LLC Achieved $0.8 Billion in Modified Operating Profit and $1.4 Billion in Free Cash Flow in 2010
Net Revenues in Q4 2010 of $10.8 billion; total year 2010 Net Revenues of $41.9 billion
2010 Marks $205 Million in Revenue and $860,000 in Charitable Donations
Net sales of $12.0 billion in 2010, up 23 percent from a year ago, Core operating earnings of $627 million
Expands Product Portfolio with New Technologies to Accelerate Global Growth in All-Wheel Drive Markets
An international mix of academics, government officials and practitioners will gather in Detroit Feb. 11 to examine legal and regulatory aspects of the U.S.-China economic relationship
Sales were a record $6.00 billion, 18 percent higher than last year
Festival celebrates growth and success of Michigan’s film industry
COTS, a nonprofit agency dedicated to alleviating homelessness, held its 12th Annual Soup City Celebration at the Gem and Century theatres in downtown Detroit on Jan. 20. The event drew close to 200 people who enjoyed culinary offerings from Slows Bar BQ, Garden Fresh Gourmet, Just Baked; among others.
On. Jan. 28, Fleming’s Steakhouse in Livonia hosted a dinner featuring the wines of Tom and Vicki Celani, principals of Celani Family Vineyards in Napa Valley. The menu included Tea-Smoked Prawns, Braised Veal Lasagnette, Sea Salt Strip Steak, and a medley of Chocolate Truffles.
Detroit Landmark to Receive Honor from Department of Interior
Detroit superstar, Eminem, featured in Chrysler Brand’s advertising kick-off
More than 400 companies posted over 1,300 jobs to the Ann Arbor SPARK talent portal in 2010
Paul Taylor, chief economist of the National Automobile Dealers Association, projects U.S. new-vehicle sales will reach 12.9 million units
The chapter, a unit of the DBIA Great Lakes Region, has been established to further promote integrated design-build project delivery
The 53rd annual Detroit Boat Show is February 12-20 at Cobo Center in Detroit
It is yet another example of former Detroit 3 executives finding opportunity on the automotive industry’s new frontiers
Celebration of APACC’s
accomplishments and network with over 400 corporate executives,
entrepreneurs, diverse business professionals and civic leaders
Detroit Restaurant Week is sponsored by Quicken Loans and DigDowntown.com.
Dow Kokam’s Advanced Battery Insight Enables Informed Decisions on Fleet & Commercial Vehicle Electrification
Troy-based Reising Ethington Clients Win Patent Infringement Suit Brought by the Largest Steel Producer in the World
Simonelli and Rick Hoffmann successfully defended two of the firm’s clients,
Severstal Dearborn, Inc. and Wheeling-Nisshin, in a patent infringement suit
filed by two French units of ArcelorMittal
Agenda for Job Creation and Business Growth
The Wayne State University-Detroit Medical Center Stroke Program team presented its findings Thursday during the American Heart Association/American Stroke Association’s International Stroke Conference 2011in Los Angeles
Kresge to showcase new works by more than 35 local Fellowship and Eminent Artist awardees in city’s cultural district
Ford Motor Company Capital Trust II will redeem for cash all of its outstanding 6.50% Cumulative Convertible Trust Preferred Securities
The study uses hybrid vehicle sales in each of the 50 states as a proxy for electric vehicle sales, and a national estimate of electric vehicle market share annually
Highlights class-leading standard services and technologies
Michigan Executive Held Top National Management Positions
Blaszkiewicz, who is President of Invest Detroit, will serve in a dual role directing the operations of both organizations
The Fiscal Scorecard shows why, after a decade of recession, Oakland County remains a AAA rated county
Some 200 to 250 boats are expected to participate in the annual race which begins Saturday, July 23
To remain a global industry leader, GM must remain an industry leader in China
The battle against heart disease is one of the top health care initiatives in metro Detroit and around the country, and while the region is a national leader in fundraising, research, and educational programs, no one is resting on their laurels.
Engineers of the four-seat Chevrolet Volt electric car often refer to its 435-pound battery pack as the fifth passenger
Operating profit margins in 2010 were 5.7 percent compared to 5.6 percent a year earlier.
Mon Jin Lau in Troy hosted a two-week celebration to commemorate the Chinese New Year. On Feb. 8, more than 200 people gathered for dinner, drinks, and a traditional New Year ceremony featuring fireworks and a dragon dance. Photos by Nick Martines
Launch of Venture Michigan Fund II and Support from Notable Investor Sponsors Sets the Stage for Expanded Investment Opportunities at Midwest’s Premier Equity Event
Decisive plan will energize economy and create jobs
The Komen Detroit Race for the Cure® awards 75 percent of the current year’s net proceeds to a diverse group of organizations serving Wayne, Oakland, and Macomb counties
China is vital to automotive industry manufacturing strategies as the number one vehicle market in the world; innovation key to global growth, PwC CEO Survey
Rotary Club of Troy In Partnership with Walsh Institute Offers “Present Like a Pro — Lead, Sell, Inspire!”
With Internationally Renowned Author/Trainer Michael Angelo Caruso
The Target Fireworks, which feature more than 10,000 pyrotechnic effects, are launched from three barges in the Detroit River
Rojo Mexican Bistro, a contemporary approach to Mexican food and drink, opens this summer at The Mall at Partridge Creek.
More than 400 people attended the 8th annual Solanus Casey Center Food and Wine Festival at the Cathedral Cultural Center at St. George Romanian Orthodox Cathedral on Feb. 11. The event included a strolling dinner, a wine tasting, and a silent and live auction. Photos by Nick Martines
The department’s new name will be the Department of Licensing and Regulatory Affairs, reflecting its leadership role in reinventing the state’s regulatory process and its increased licensing responsibilities
Capital investments of $454.6 million for the year ended December 31, 2010
Michigan-based trade association for the state’s mobile technology industry launches new website as part of its inaugural campaign for state-wide membership
Respondents were generally very content with where they live: 72 percent rated their homes highly, which means an 8, 9 or 10 on a scale of 1 to 10
General Motors Company (NYSE: GM) announces calendar year 2010 results marked by $4.7B of net income
Revenue for the calendar year was $135.6 billion
Rostov plant will produce residential and commercial coated glass
There are more than 525,000 Great Lakes-related jobs in Michigan
International snowboarding teams will be training at the ski club February 28 – March 6
A technique designed by a University of Michigan-led team aims to make computer-aided tissue analysis better, faster and simpler
With hospitals and medical centers relying more on technology to improve health care while boosting efficiency, GalaxE.Solutions in downtown Detroit is growing rapidly to meet the demand for IT services. GalaxE.Solutions’ Chairman and CEO Tim Bryan addresses the company’s growth strategies, technology trends, and America’s competitiveness.
Providing direct jobs to more than 546,000 workers, health care in Michigan generates more than $30 billion in wages, salaries, and benefits