March-April 2010
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Rent to Sell
How a resourceful metro Detroit homebuilder bucked a tough real-estate market and sold 100 houses in 2009
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Waiting on a Recovery
It may be a blip on the screen, or the harbinger of a modest recovery, but the most recent data for metro Detroit shows a slight rise in office and industrial leasing.
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Celling Out
Toiling day and night to eradicate debilitating diseases like Parkinson’s and ALS, U-M neurologist Eva Feldman is benefiting from a new state constitutional amendment on stem-cell research — and she just might be the next Jonas Salk.
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Hoot’s World
For nearly 75 years, Hoot McInerney’s knack for selling
cars allowed him to rub shoulders with U.S. pesidents, foreign dignitaries, celebrities, and industry icons. And the party’s not over. Not by a long shot. -
Centurial Returns
Lasting 100 years or more isn’t easy. Luck and fortune play a part, as do steadfast commitment and the devotion of family business owners as they strive to prepare the next generation of successful leaders.
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Mixing Oil and Water
A Bloomfield Hills oil company strikes it rich installing and servicing oil and water rigs in the United States and Africa.
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A Clean, Steamed Machine
A Detroit franchisor finds success melding green principles with a rapid response system.
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On Gossamer Wings: DBusiness' 2011 Car of the Year
The Cadillac XTS Platinum concept, which melds luxury and refinement, has an almost spiritual quality.
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High-Rollers
For Detroit’s gambling elite, there’s always something special in the cards.
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PDA Q&A: Francois Castaing
DBusiness interviews the chairman of the Detroit Science Center.
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Gaming the Market
Greater competition for entertainment dollars, combined with Ohio’s new casinos, will affect Michigan’s gaming industry like never before.
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A Great Leap Forward
China offers plenty of growth potential for the Big Three, but to gain further traction, the automakers must stay ahead of consumer tastes, expand into rural markets, and hope that government protectionists don’t squeeze them out.
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20 Largest Law Firms
When legal challenges arise, metro Detroit business leaders don’t often venture far for expert advice. Here’s our list of Michigan’s largest.
GM Supports Event Data Recorder (EDR) Mandate to Improve Vehicle Safety
General Motors applauds Representative Gene Green (D-TX) for his support of a Federal mandate to install Event Data Recorders (EDRs) in all new vehicles.
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Bavarian Rhapsody
From single-barrel delivery in the 1850s, Stroh’s rose to become the Motor City’s leading brew. But 20th-century overexpansion forced the company’s sale, bringing an inglorious end to its unique Detroit traditions.
Chimovitz Industries Celebrates Ten Years In Business, Moves Into New Office, Hires and Adds Services
Growth means more technicians may be hired in summer months.
Freezing breast tumors helps stop cancer’s spread in mice, U-M study finds
Cryoablation generates immune response that kills metastases in mice. Clinical trial open now to evaluate this technique in patients.
GM Announces New North American Leadership Team
General Motors today announced a restructured North American organization with a number of key leadership changes.
Asterand Announces the Launch of Good Laboratory Practice (GLP) Molecular Pathology Services
Initial Offering will be Tissue Cross Reactivity Testing to meet FDA and EMEA Requirements
Oakland County Garners AAA Rating Despite Challenging Times
Oakland County Executive L. Brooks Patterson announces that Wall Street has reaffirmed Oakland County’s AAA bond rating – a remarkable feat in a struggling economy.
Plante & Moran Offers 2010 Outlook for Beleaguered U.S. Auto Dealership Industry
Hope Persists as Adjustment to “New Normal” Continues
Mercedes-Benz Financial Expands Mobile Platform to Include smartphones
Coolest way to pay now includes users of BlackBerry, Droid and more
TARDEC Scientists Awarded 2010 Research Grants to Pursue Sensor-Enhanced Armor Technology
Development of nano-sized sensor will push program forward.
Compuware-Ponemon Benchmark Study Identifies Prominent Privacy, Data Security Vulnerabilities to Financial Services
Failure to Protect Consumer Data in Development and Testing, Other Risk Factors, Put Private Consumer Information and Company Reputations at Risk
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100 Over 100: The List
A detailed list of Metro Detroit’s oldest companies.
New Mustang V-6 With 305 HP Makes History as First Car With 300+ HP and 30+ MPG
New 2011 Ford Mustang V-6 final fuel economy certified by EPA this week at 31 mpg on the highway and 19 mpg in the city.
Chrysler Group LLC Announces Executive Appointments
In a continued effort to focus on core competencies and efficiencies, Chrysler Group LLC today named two appointments within its executive ranks.
Capitol Insiders: Engler buries Blanchard in mock Rematch
Lobby Guide Litmus Test: Engler wins on economics; Blanchard on protecting safety net.
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Cherry Creek Banquet Center Wine Tasting
The Shelby-Macomb Daybreakers Kiwanis Club hosted “An Evening of Fine Wines and Specialty Suds” on Feb. 24 at the Cherry Creek Banquet Center in Shelby Township. More than 100 people enjoyed 100 wines, 16 microbrews, live music, and a strolling buffet. The featured sommelier was Ted Moss of Vince and Joe’s Gourmet Market in Shelby Township.
SE Michigan economy may be picking up steam
key indicators in monthly survey trending upward
Motor Trend Declares 'Buick is Back!'
Buick graces the cover of the premier automotive magazine for the first time in 28 years.
Michigan school districts are in survival mode – Fighting to keep doors open
Embattled Michigan school districts are bracing for per-pupil cuts of at least $400 in the 2010-11 school year unless the Legislature and governor take rapid steps to secure additional money for K-12 education.
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Michigan Tax Appeal Season
Jumana Judeh, president and CEO of Judeh & Associates, a real estate consulting and appraisal firm in Dearborn, has never been busier. Tax appeals for homeowners and businesses are mounting as filing deadlines loom in April and May. In addition to offering analysis on the the various real estate markets in the state and region, Judeh also addresses job growth efforts such as the Aerotropolis initiative around Detroit Metro and Willow Run airports, including the need to add a seventh runway at Detroit Metro.
Amway Parent Grows to $8.4 Billion in 2009
ADA, Mich., March 9 /PRNewswire/ — Amway’s parent company, Alticor Inc., announced record sales of more than US$8.4 billion for the year ended Dec. 31, 2009, which was a 2.3 percent increase over 2008. Sales were negatively impacted by foreign currency fluctuations, which in local currency grew 5.9 percent. “Our focus on using innovation to […]
Leading Technology and Health Care IT Investors to Headline Annual Michigan Growth Capital Symposium
Panel Discussions, Keynote Addresses and Company Presentations to Shine Spotlight on the Extraordinary Innovation and Investment Opportunities in the Midwest
Jack Roush To Be Honored With Robert E. Petersen Lifetime Achievement Award
On Friday, March 12 Jack Roush will receive the highest compliment in the hot rod world as he will be presented with the Robert E. Petersen Lifetime Achievement Award.
O’Keefe & Associates Earns Finalist Honors In The M&A Advisor’s National Turnaround Awards
The M&A Advisor has recognized the bankruptcy reorganization and turnaround expertise of O’Keefe and Associates with multiple finalist honors in three separate categories of The M&A Advisor’s 4th Annual Turnaround Awards.
Analyst Study Shows Employees Continue to Put Data at Risk
Second annual study sponsored by Absolute Software shows that business managers continue to disregard practices designed to secure their laptops and the data on them
Lineup, Ticket Information & New Sponsor Announced For 2010 Movement Electronic Music Festival In Detroit
Movement Electronic Music Festival May 29-31 in Detroit’s Hart Plaza
University of Michigan scientists identify chemical isolated from bananas as potent inhibitor of HIV infection
Discovery of how BanLec binds to a key HIV-1 protein opens door to developing microbicides that can prevent sexual transmission of HIV.
Former Chairman and CEO of General Motors Joins Genesis
BLOOMFIELD HILLS, Mich., March 15 /PRNewswire/ — Genesis Fluid Solutions Holdings, Inc. (OTC:GSFL) (BULLETIN BOARD: GSFL) today announced Robert C. Stempel will join its Board of Directors, increasing the company’s board to four directors. He began his career as a design engineer at General Motors in 1958, was promoted to President and Chief Operating Officer […]
The Silverdome Returns as a Venue for Premier Sports and Entertainment Events
The Silverdome, one of North America’s largest stadiums, is returning to operation as a premier sports and entertainment venue after years of inactivity.
Walsh College and Insurance Broker Burns & Wilcox Partner to ‘Bring Out the Best in Working Professionals’
A longstanding relationship between Walsh College and North America’s largest MGA/wholesale insurance broker has evolved into a partnership that promotes employee training and skill-building.
Some older ER patients are getting the wrong medicines, U-M study finds
Certain pain relievers and antihistamines are among most common drugs used in emergency visits, in spite of known risks to those over age 65.
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Brother Rice Business Alliance at Andiamo's
Oakland County Sheriff Mike Bouchard, a Michigan gubernatorial candidate, was the featured speaker for the National City/PNC Brother Rice Business Alliance mixer at Andiamo Bloomfield Township on Mar. 9. More than 100 business leaders enjoyed drinks and appetizers in addition to supporting a scholarship program.
New joint venture unveils Green Machine to capture largest untapped energy source in the industrial Midwest
Pro Renewables, a new Michigan-based energy solutions company, launched today at Kalamazoo Valley Community College, will lead the Midwest deployment of the Green Machine, an innovative technology that turns waste heat into usable electricity.
Federal-Mogul's Breakthrough in Crankshaft Seal Design Offers Fuel Savings and Reduced CO2 Emissions
New MicroTorq(TM) seals can directly replace existing seals to provide significant improvement in fuel economy and CO2 emissions
Business Leaders Issues 2010 Benchmarking Report
Show’s Michigan’s Economy Declining Relative to Peers; Business Costs & Poor Perceptions Stand in Way of Leveraging Innovation Assets to Grow Jobs
Visteon Files Amended Plan of Reorganization and Disclosure Statement
Visteon Corporation today filed an amended plan of reorganization and disclosure statement with the U.S. Bankruptcy Court, reflecting the company’s improved operating and financial performance, as well as recovering industry and market conditions.
Environmental Regulation to Significantly Shape M&A and Strategic Relationships in the Global Automotive Industry
Complex environmental regulations, combined with overcapacity and highly competitive global markets, should lead to increased mergers and acquisitions in the global automotive sector.
Brooks Kushman's Kramer Honored as a 2010 'Leader in the Law' by Michigan Lawyers Weekly
SOUTHFIELD, Mich., March 17 /PRNewswire/ — Anessa Owen Kramer, a shareholder at Brooks Kushman P.C. – a leading intellectual property (IP) and commercial law firm – has been honored as a 2010 “Leader in the Law” by Michigan Lawyers Weekly. Kramer, one of seven women named to this year’s list, was celebrated yesterday at a […]
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Dancing With the Stars
Successfully Single Inc. hosted a fundraiser to benefit the American Red Cross Haiti Relief efforts on March 13 at the San Marino Club in Troy. The evening event included a dance competition with local celebrities as well as a dance showcase.
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St. Patrick's Day with News/Talk 760 WJR
WJR-AM’s Morning Host Paul W. Smith hosted the radio station’s annual St. Patrick’s Day party at the Detroit Athletic Club on March 17. The event drew more than 300 of the region’s business, education, and political luminaries.
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St. Patrick's Day at Dooley's Tavern
Irish eyes were smiling on March 17 at Dooley’s Tavern in Sterling Heights. More than 1,000 people paid tribute to St. Patrick and the Emerald Isle throughout the day.
Help Delta Air Lines win a direct route to Tokyo
Help Delta Air Lines win a direct route to Tokyo and bring $150 million annually to the region’s economy
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WSU researcher receives NSF CAREER award to develop tools to help understand and manage large software systems
Increasing the speed and efficiency by which computer programmers manage large amounts of computer code is the goal of a Wayne State researcher and recipient of a National Science Foundation (NSF) Faculty Early Career Development (CAREER) Award.
Seesmart LED Receives Intellectual Property License for LED Fluorescent Tube Replacements in Partnering Deal with ilumisys
ilumisys, Inc. and parent company Altair Engineering grant patent license in effort to advance LED marketplace through cooperative partnership agreement
Preliminary 2010 Ford Proxy Details Annual Meeting, Shareholder Proposals, Executive Compensation
Ford Motor Company (NYSE:F) today filed with the U.S. Securities and Exchange Commission a preliminary notice regarding its 2010 Annual Meeting of Shareholders.
Employer Healthcare Costs Jump 7.3% in 2009, According to Thomson Reuters Study
Average healthcare costs for U.S. employers increased 7.3 percent in 2009, according to study published today by Thomson Reuters.
The Mall At Partridge Creek Announces New Danish Jeweler Pandora
The Mall at Partridge Creek welcomes Pandora – the international jewelry company known for its popular charm bracelets – to its retail mix.
Itc Holdings Corp. Donates $1 Million To The Henry Ford
Donation Will Help Upgrade National Historic Landmark’s Electrical Infrastructure
Chrysler Group LLC Celebrates Production Launch of Pentastar V-6 Engine at All-new Trenton, Mich., Facility
With Michigan Governor Jennifer M. Granholm and other local officials in attendance, Chrysler Group LLC celebrated the launch of its all-new Pentastar V-6 engine at an event today at the Trenton South Engine Plant.
Minority Securities Organization hosts 4th Annual Awards Gala
Instead of cutting back, this non profit is giving more!
Ford SYNC Hits 2 Million Mark; Boosts Resale Value, Purchase Consideration and Customer Satisfaction
The popular Ford SYNC voice-controlled communications and infotainment system has been winning over buyers at its fastest pace ever, with Ford announcing SYNC has now been installed on more than 2 million Ford, Lincoln and Mercury vehicles.
Q&A with J.D. Power and Associates' John Humphrey: The Center of the Automotive Universe is Going to Change
Where is the global auto industry headed? John Humphrey, senior vice president of global automotive operations for J.D. Power and Associates, provides an interesting perspective on the industry.
CREW Detroit Announces Call for Entries for Annual IMPACT Awards Program
The Detroit chapter of Commercial Real Estate Women announces a call for entries for its 9th annual IMPACT Awards, honoring commercial properties with a positive impact on Southeast Michigan.
O’Keefe & Associates Achieves National Recognition for Reorganization and Sale of Double JJ Ranch
Opinion leader and top U.S. industry publication, The M&A Advisor has recognized transactional financial consulting and turnaround management firm O’Keefe and Associates with a national Turnaround Award for the successful Chapter 11 reorganization and sale of the iconic Double JJ Resort in Rothbury, Mich.
The Future of MI’s Workforce at the Big Three Auto Companies
Part of The Engineering Society of Detroit (ESD) popular series, LEARN, MEET, SUCCED, this event will give people an unprecedented opportunity to meet face-to-face with those who make the hiring decisions for the auto companies, and learn first-hand about what the future holds for engineering professionals in the state.
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Detroit Young Professionals – 2010 Vanguard Awards
Ten innovators and trend setters were honored at the 2nd annual Detroit Young Professionals’ Vanguard Awards on March 25 at Amnesia nightclub atop the MotorCity Casino Hotel in Detroit.
Four New Attorneys Join Trott Trott, P.C.
Farmington Hills-based Trott Trott, P.C. announced today the addition of attorneys Karl Borgquist, Tara Gavioli, Doreen Hoffman and Rose Merithew to the firm’s Litigation and Title Departments.
GM Announces Financial Leadership Changes
General Motors Vice Chairman and Chief Financial Officer Chris Liddell today announced a number of key finance leadership changes aimed at further advancing the company’s financial progress and preparing for its return to public ownership in the future.
DeMattia Group Breaks Ground on Ventower Industries’ New Manufacturing Facility
DeMattia Group, one of the Midwest’s leading real estate development, architecture and construction firms, is proud to announce a groundbreaking was held on March 30, 2010 for Ventower Industries’ new manufacturing facility.
Paramount Bank Announces Availability of Wealth Management and Investment Services
Locally-based Paramount Bank today announced it has added Paramount Wealth Advisors, a new wealth management and investment services division.
Dodge Begins Production of 2010 Viper SRT10 ACR-X
Spec-series Racer to Make Debut in New Dodge Viper Cup Series
FEV, Inc. Demonstrates Battery Management System Development and Testing Capability at 2010 SAE World Congress
AUBURN HILLS, Mich., March 30 /PRNewswire/ — FEV, Inc., (FEV) a leading developer of advanced powertrain and vehicle technologies, announced today that it will demonstrate its Battery Management System Development and Testing capability at the 2010 SAE World Congress, April 13 – 15 at Cobo Center in Detroit, including its own internally developed FEV LiiONMAN […]
Atlas Oil Offers Protection from Spring Storm Power Outages Generator Assurance Plan
Provides Generator Fuel Supply with a Money Back Guarantee
GM Completes Fresh-Start Accounting
General Motors Company announced that it had completed fresh-start accounting, and would be filing its third quarter 2009 Form 10-Q and 2009 Form 10-K with the SEC today.
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Detroit Regional Chamber Hosts Farewell Ceremony
On March 30th, the Detroit Regional Chamber held a reception at the Townsend Hotel in Birmingham for President and CEO, Richard E. Blouse Jr., who retired after 15 years. During his tenure, the Chamber became the largest organization of its kind in the country.
Create A Custom 'Billboard On Wheels' With New Ford Transit Connect Graphics
Ford is taking the “wraps” off an innovative new program designed to help business owners customize the vinyl graphics on their Ford Transit Connects.
GM to Expand Brake Override Software Globally by 2012
General Motors will expand use of “enhanced smart pedal” technology globally to all passenger cars with automatic transmissions and electronic throttle control, providing an additional safeguard to enhance customer confidence.
Warren Transmission Adds 100 New Jobs to Support Increased Demand for Hot-Selling Vehicles
In order to meet growing customer demand for some of GM’s hot-selling vehicles, Warren Transmission is adding over 100 new jobs to its second shift 6 speed operations.
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A Miracle of Confidence
A solid business plan can’t just sit on the shelf.
Gibbs Technologies Selects Plex Online for U.S. Operations
Amphibious Vehicle Manufacturer Readies for Production
Macomb Chambers Announce Collaboration Agreement
The Sterling Heights Regional Chamber of Commerce & Industry (SHRCCI) and the Anchor Bay Chamber of Commerce (ABCC) have signed a “Joint Venture” agreement that will have collaboration as its focal point.
AWEA Releases Annual State of the Wind Industry Report for Michigan
Manufacturing for wind will provide green-collar jobs to Michigan workers, etc.
Michigan will finally snap decade-long streak of job losses
After enduring one of its worst years ever in 2009, Michigan’s economy will flounder this year before showing some improvement in 2011, say University of Michigan economists.
Ford To Highlight New Fuel-Efficient Engines, Provide Special Test Drives At SAE World Congress
Ford Motor Company announced today it plans to introduce three new four-cylinder advanced technology powertrains in the next year.
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Detroit Tigers Opening Day 2010
There was plenty of pomp, circumstance, and local luminaries in and around Comerica Park on April 9th for the Tigers’ home opener. Detroit’s boys of summer topped the visiting Cleveland Indians, 5-2, and a grand time was had by all.
Compuware Gomez Offers Industry's First Solution for Web Performance, Cross-Browser and Device Testing for iPad
Gomez Enables Businesses to Validate Web Site Performance and Rendering for New Apple Device
Behr America Reveals Key Findings At SAE World Congress 2010
Behr America is helping to develop a downsized V6, direct-injection gasoline engine that will improve fuel consumption and produce high torque in a low rpm range.
The Call for Makers is now open for Maker Faire Detroit 2010 at The Henry Ford
Call for entries open from March 18 to May 31, 2010
$800k Kresge grant supports expansion of TechTown’s business incubator park
TechTown has received an $800,000 grant from The Kresge Foundation to renovate new business incubator space and support operations. TechTown received notification of the award March 10.
Morton’s To Host Premium Cigar Dinner Before Smoking Ban Becomes Law In Michigan
With the clock ticking toward Michigan’s upcoming restaurant smoking ban, Morton’s The Steakhouse in Troy has planned the perfect event for cigar lovers to enjoy an evening filled with fine wine, Morton’s signature food and exquisite cigars–before the May 1 deadline.
PNC Completes Largest Phase of National City Conversion
Bank Adds 1.5 Million New Customers and 420 Branches; Preparations Underway for Final Phase in June
Gene test shows who could benefit from statins to reduce colon cancer risk: Study
Same gene involved in statins lowering cholesterol
Miller Canfield Elects Joe Fazio As Chair Of Managing Directors
The law firm of Miller Canfield is pleased to announce that Joseph M. Fazio has been elected chair of the managing directors, the firm’s five-person management administration.
US New Vehicle Market On Road To Recovery
The US new vehicle market looks to be on the long road to recovery, according to latest figures from the world’s leading provider of automotive data and intelligence, JATO Dynamics.
Leading Healthcare Technology Solutions Provider, GalaxE.Solutions, to Open Software Center in Detroit
IT Innovator to Create 500 new jobs to drive growth in Michigan.
University of Michigan-Dearborn to Transfer Ownership of the Henry Ford Estate to the Edsel & Eleanor Ford House
Transfer unites Ford Family legacy
