Crain's Detroit Business articles from December 2007

Crain's Detroit Business archives from December 2007

Calendar.(Calendar)
December 3, 2007... Tuesday Dec. 4 Going Grande: Brewing Your Global Brand. 2:30 p.m. Eli Broad College of Business at Michigan State University. Broad Executive Forum featuring Gerry Lopez, Starbucks president of global consumer products. MSU Management...

In the spotlight.(People)(Albert Koch appointed by Handleman Co.)(Brief article)
December 3, 2007... Albert Koch is the new president and CEO of Troy-based Handleman Co., replacing longtime CEO Stephen Strome, who is retiring. Koch, who started Wednesday, previously was vice chairman and managing director of Southfield-based turnaround...

Business Diary.(Briefs)
December 3, 2007... ACQUISITIONS Planterra Corp., a West Bloomfield Township interior landscaping company, has announced its purchase of Toledo Interior Plantscaping, Sylvania, Ohio; and Oasis Designer Plants and Planters, Toledo. CALL FOR NOMINATIONS ...

Rumblings.(North American International Auto Show)(Dunkin Brands Inc. plans for franchising )(Henry Fords Vattikuti Urology Institute plans for broadcasting )
December 3, 2007... Auto show plans VIP car shopping fest The rich and famous who have a taste for expensive and exotic cars will be offered a new shopping experience at the North American International Auto Show next month. After media day is over and the...

This Just In.(2009 NCAA Final Four men)(Mobius Microsystems Inc. recieved venture-capital funding)(Media Genesis buys building)
December 3, 2007... Group shoots for $5.5M for NCAA tournament The local organizing committee for the 2009 NCAA Final Four men's basketball games at Ford Field plans to raise $5.5 million by February to pay for the on-site organizing and support functions for...

Crain to speak on auto industry Dec. 12.(News)
December 3, 2007... Byline: Robert Ankeny Keith Crain, publisher of Automotive News, editor-in-chief of Crain's Detroit Business and chairman of Crain Communications Inc., will discuss "The State of the Auto Industry'' at a Detroit Economic Club brunch at 11...

Calling Dr. House.(Business Lives)(G-Tech Professional Staffing Inc. )(Brief article)
December 3, 2007... Byline: Jonathan Eppley Claudette Cunitz Senior vice president, G-Tech Professional Staffing Inc. Claudette Cunitz, 47, senior vice president of Dearborn-based G-Tech Professional Staffing Inc. and second vice chairman of American...

DIA lands largest share of state arts-council grants.(News)(Southeast Michigan arts and cultural organizations )
December 3, 2007... Byline: Amy Lane Southeast Michigan arts and cultural organizations have won nearly $4.2 million in state grants - more than half of the $7.6 million awarded last week by the Michigan Council for Arts and Cultural Affairs. The largest...

House energy hearings near; Bills plan new rules for rates, renewable energy.
December 3, 2007... Byline: Amy Lane A battle over Michigan's energy future may be about to heat up in the Capitol. House Energy & Technology Committee Chair Frank Accavitti, D-Eastpointe, plans to start hearings, possibly this week, on a package of...

Mixed reviews for Krichbaum appointment.(News)(Jennifer Granholm appointment )
December 3, 2007... Byline: Amy Lane Gov. Jennifer Granholm's appointment of a COO to help her govern is drawing mixed reviews. Paul Hillegonds, senior vice president of corporate affairs at DTE Energy Co. and a former Republican speaker of the Michigan...

Who are the top CFOs?(News)
December 3, 2007... CFOs are often the unsung heroes of an organization's senior management team. These leaders are grappling with budget pressure and increased red tape, and are contributing to strategic planning in new ways. Crain's Detroit Business is...

New Crain's awards recognize M&A work.
December 3, 2007... Involved in a merger or acquisition in 2007? You may be eligible for the first Crain's M&A Awards contest. Crain's Detroit Business is working with the Detroit chapter of the Association for Corporate Growth to honor companies and...

1st D Show draws a crowd.(News)
December 3, 2007... Byline: Robert Ankeny A crowd of almost 800 thronged the Max M. Fisher Music Center Wednesday evening for the first D Show, celebrating creativity and originality in Detroit. Presented by the D Council, a committee of the century-old...

Gov's COO pick shows poor judgment.(Opinion)(Viewpoint essay)(Brief article)
December 3, 2007... She just doesn't get it. Tapping an experienced nonprofit leader from Detroit to be her COO will not solve the massive problems Gov. Jennifer Granholm has created for herself. Dan Krichbaum is a respected leader known for being a...

Is it all just a lot of smoke and mirrors?(Column)
December 3, 2007... Byline: KEITH CRAIN I happened upon a disturbing piece of information last week that I guess was generally known by everyone except me. The state of Michigan budget for next year is going to increase by $600 million. That's right,...

Reworking the split; As the economy slows, divorce renegotiations are increasing.(Business Lives)
December 3, 2007... Byline: Robert Ankeny his is mine. That is yours. Let's toss the photos, swap the rings and sign the papers. Our divorce is a done deal. Well, maybe not. Thanks to Michigan's slumping economy, metro Detroit divorce courts are...

Looking for nominees.(News)
December 3, 2007... Do you know a 20-something who is someone to watch? Crain's is looking for young professionals who are making their mark in the region. We will publish our 2008 class of 20 in their 20s in the March 31 issue. Unlike some other award...

Is your company creative?(News)
December 3, 2007... If so, Crain's invites you to be part of its Creative Economy Inventory. This first-ever compilation will document local companies in the following industries: advertising, architecture, art/historic preservation, digital media, design,...

Letters.(Letter to the editor)
December 3, 2007... When a cut isn't really a cut Editor: I respect State Rep. Steve Tobocman for all the good work he does, but his Nov. 19 letter, "Service tax: A lawmaker's view,'' explains some of the problem in Lansing. First, he says that the...

Gallup's training aims to make Haven a better place to work.(News)
December 3, 2007... Byline: Sherri Begin Haven, the Pontiac-based nonprofit shelter, may not be Oakland County's largest employer, but it still hopes to become an employer of choice. The domestic and sexual violence shelter is a third of the way through...

Vindication at Valassis? Advo purchase, first panned, now panning out.(Valassis Communications Inc. and ADVO Inc.)
December 3, 2007... Byline: Bill Shea Wall Street wanted Alan Schultz's head. What it got, at least for one quarter, was evidence Schultz used that head to improve his company and outwit his critics. Schultz - chairman, president and CEO of...

Second try for Guardian vote; Foes on county commission still pushing to buy 1001 Woodward.(News)
December 3, 2007... Byline: Daniel Duggan When Wayne County Executive Robert Ficano announced plans in July to buy the Guardian Building in downtown Detroit, the deal seemed imminent. The Wayne County Commission approved a purchase agreement in an 8-7...

Health systems bandaging profit margins; Executives fight bad debt, cut costs to grow revenue.(Focus)
December 3, 2007... Byline: Sherri Begin Higher numbers of uninsured and underinsured people in the region continue to put pressure on health systems' profit margins. The extended benefits and temporary coverage of laid-off employees are starting to run...

Developer begins mixed-use project on Ann Arbor parcel.(News)(Brief article)
December 3, 2007... Byline: Daniel Duggan Scott Chappelle isn't scared off by a risky real estate market. Instead, he says, there are underserved markets that other developers are missing: medical office and high-end residential rental. He started...

Great Lakes states mull compact.(News)
December 3, 2007... Byline: Chad Halcom The Detroit Regional Chamber, in partnership with the Washington-based Brookings Institution, will host up to 40 chambers from throughout the Midwest at a February conference in the Detroit area to build interstate...

People.(Yamasaki Associates Inc. appoints Michael Krebs )(TCF Bank Michigan appoints Robert Grant )(Campbell-Ewald appoints Brian Brannigan )
December 3, 2007... ARCHITECTURE Michael Krebs to principal of architecture, Yamasaki Associates Inc., Troy, from principal, Ford & Earl Associates Inc., Troy. BIOTECHNOLOGY Jeffrey Fellows to vice president of regulatory affairs, Velcura...

Couples part; houses remain.(Business Lives)
December 3, 2007... Dream house turned nightmare It isn't only formal divorces where the soft real estate market takes its toll. Unmarried domestic partners can find themselves in similar straits. In Waterford Township, Kelly Taulbee says the dream home...

Motown Magic and an uplifting benefit.(Business Lives)(National Kidney Foundation selected as one of Southeast Michigan's best-managed nonprofits)
December 3, 2007... Byline: Julie Yolles Cindy and Steve Shannon are the perfect pair to take on the roles of event chairs for the third-annual Kidney Ball on Dec. 8, the flagship fundraiser for the Ann Arbor-based National Kidney Foundation of Michigan. ...

GlobalHue to add 100 to staff; Restructuring to put 25 jobs in Southfield.(News)
December 3, 2007... Byline: Bill Shea Southfield-based multicultural advertising and marketing agency GlobalHue expects to hire 100 new staffers as part of a $4 million organizational restructuring to be completed by Jan. 1. The firm is dividing itself...

Michigan serving some surprises to growing Bar Louie.(Business Lives)(Restaurants-America )
December 3, 2007... Byline: Brent Snavely If you haven't visited Bar Louie yet, you probably will soon. Chicago-based Restaurants-America has opened four Bar Louie locations in Michigan in the past 15 months and plans to open a fifth this month at The...

Tigers lottery? MLB eases up, a bit, on gambling.(Major League Baseball )
December 3, 2007... Byline: Bill Shea Feeling like a little game of chance at Comerica Park? Two kiosks at the stadium this past season sold $5 scratch-off Michigan Lottery tickets emblazoned with the Detroit Tigers logo. Prizes varied up to $100,000, and...

Week in Review; From www.crainsdetroit.com, week of Nov. 26-Dec. 1.(Briefs)
December 3, 2007... PrizeLogic to hire 110, open Southfield office Scottsdale, Ariz.-based online promotions company PrizeLogic Inc. said Monday it plans to hire 110 employees for a sales and marketing staff based in Southfield. In September, the Michigan...

Reporter's Notebook; DMC: Treat more vets here.(Focus)(DMC Rehabilitation Institute partners with Department of Veterans Affairs to provide care for veterans with traumatic brain injuries)
December 3, 2007... Byline: Sherri Begin The DMC Rehabilitation Institute of Michigan and its peers around the country are pushing for more public-private partnerships with the U.S. Department of Veterans Affairs to provide care for veterans with traumatic...

Briefly.(Briefs)(Dickinson Wright renews One Detroit Center lease)(Angels Place reaches half its fundraising goal )(Long Point Capital Inc. acquires Torrent Resources Inc.)(Brief article)
December 3, 2007... Dickinson Wright renews One Detroit Center lease The law firm Dickinson Wright P.L.L.C. has renewed its lease of nearly 100,000 square feet at One Detroit Center, 500 Woodward Ave. in Detroit. With the building about 60 percent...

Auto suppliers, manufacturers size up the possibilities in alternative energy.(News)
December 3, 2007... Byline: Chad Halcom Some automotive suppliers and manufacturers could find a place in the supply chain of alternative-energy companies within the next year, but the niche isn't for everyone and it wouldn't yield immediate results. ...

2 home health monitoring companies expand to meet needs of baby boomers.(Focus)(Guardian Alarm Co.)
December 3, 2007... Byline: Sherri Begin Two local home health care monitoring companies are expanding nationally to capitalize on a growing demand for their services from baby boomers. Guardian Alarm Co. plans to expand its Guardian Medical Monitoring...

Other Voices: Research Triangle Park can teach us.(Opinion)(Research Triangle Park)(Viewpoint essay)
December 3, 2007... Byline: Barbara Gray, Lisa Kolody We've heard it over and over: The region is being depleted by a brain drain. Its best and brightest graduate from excellent universities and move away to exciting jobs in Chicago, Pittsburgh and Detroit....

Marian Ilitch: 'We get the beat of Detroit'.(News)
December 3, 2007... Byline: Daniel Duggan Last week, MotorCity Casino began a new chapter with the opening of its 400-room hotel. As part of a $300 million improvement of the gaming complex, the project adds a luxury hotel to the MotorCity mix. It...

American Axle hopes to land 'me too' deal with the UAW.(News)(United Automobile Workers)
December 3, 2007... Byline: Robert Sherefkin Crain News Service As the Detroit 3 tout the benefits of their new, concessionary UAW contracts, several supplier CEOs are eager for "me too'' deals with the union. But getting agreement from the United Auto...

Our new Web project will showcase the creatives.(News)
December 3, 2007... Byline: Kevin Hill Our new Web project will showcase the creatives Creativity abounds in Detroit. If you need proof, you just have to peek at the rapid-fire video montages that were shown at the first-ever D Show awards. As Bob...

Development compact is wise.(Opinion)(Detroit Regional Chamber )(Viewpoint essay)
December 3, 2007... As Chad Halcom reports on Page 3, in February the Detroit Regional Chamber and the Brookings Institution will host a meeting of up to 40 chambers of commerce from a 12-state region. The purpose: to promote a regional economic-development...

Michigan ACLU chapter buys building in Midtown Detroit.(News)(American Civil Liberties Union of Michigan)(Brief article)
December 10, 2007... Byline: Robert Ankeny The American Civil Liberties Union of Michigan is buying a building in Midtown as part of an expansion that will include doubling its staff and opening a satellite office in Grand Rapids. Growth of the civil...

Rumblings.(Art Van Furniture Inc., lawyer will practice in Army Reserve)
December 10, 2007... Wayne County could keep keys to 600 Randolph Wayne County is now holding all the cards in its negotiations with the partnership that owns the county building at 600 Randolph. The County Commission last week approved $60 million in bonds...

This Just In.
December 10, 2007... Group buys major stake in Morley Brands L.L.C. A group of executives and a couple from Indianapolis announced Friday the purchase of a majority position in Morley Brands L.L.C., makers of chocolate candy and Sanders products, from...

Borders stores win praise.(News)
December 10, 2007... Byline: Sheena Harrison Shopping at Borders stores is fun, according to a survey of about 5,000 consumers conducted by Forrester Research Inc. Ann Arbor-based Borders Group Inc. took second place in Forrester's "Customer Experience...

Clear priorities are needed in Lansing.(Opinion)(Viewpoint essay)
December 10, 2007... Now that we've averted one spending crisis, we're on to the next. This time, as Amy Lane reports on Page 1, it's calls for more road funding. However, the Michigan Infrastructure & Transportation Association, a group representing...

Jaffe Raitt counsels airlines, lenders.(Focus)(Jaffe, Raitt, Heuer and Weiss)(National Aircraft Finance Association)
December 10, 2007... Byline: Robert Ankeny A team of lawyers at Southfield-based Jaffe Raitt Heuer & Weiss P.C. make up an aviation practice with diverse capabilities. "It's been a real growth area for the firm, especially in light of 9/11,'' said partner...

Push is on for road funding; Shifting sales tax on gas is one option.
December 10, 2007... Byline: Amy Lane Supporters of increased Michigan road funding continue to make a strong push in the Capitol, as the Legislature's immediate attention turns beyond budget crises and taxes. Road builders and others also are looking at...

Smoking ban may smolder in House.(Briefs)
December 10, 2007... Byline: Amy Lane A proposed statewide ban on workplace smoking may only smolder in the Senate, after passing the state House last week. House Bill 4163, which would ban smoking in most Michigan places of employment, including bars,...

Business Diary.(Briefs)
December 10, 2007... Acquisitions Marposs S.p.A., Bologna, Italy, has acquired Control Gaging Inc. of Ann Arbor. Existing CGI management and personnel will be retained, and the company will be operated as a separate Marposs subsidiary in its present location....

Your story can be 'Our story'.(News)
December 10, 2007... Byline: Kevin Hill At Rock Financial Showplace in Novi last week, hundreds of Arab-American community and business leaders gathered for an advance screening of Keith Famie's new documentary, "Our Arab-American Story.'' You've already read...

Many TV viewers may not notice strike.(Column)(Column)
December 10, 2007... Byline: Mary Kramer The Writers Guild of America went on strike more than a month ago. Do you care? Unless you're in the business, how the strike affects you probably depends on how much TV you watch and whether any shows are...

Correction.(Correction notice)
December 10, 2007... The Dec. 3 announcement of the hiring of Web General Manager Alan Baker should have said that WTOL-TV's Web site won a second-place award in 2007 in a competition of the Ohio Associated Press Broadcasters.

Briefly.(Briefs)(Blue Nile Restaurants)(Brief article)
December 10, 2007... Macomb County launches electronic newsletter Macomb County has launched an electronic newsletter for businesses and professionals to track local development and economic expansion. The inaugural issue of eMacomb-Business Matters made...

Big shows, small prices; Silverdome bidder invokes Costco model.(News)(Costco Wholesale Corp.)
December 10, 2007... Byline: Daniel Duggan Few people would think to run the Pontiac Silverdome the way Costco Wholesale Corp. runs its stores. Jett Ferm does. "When I lay out my plans, people either think I'm a genius or I'm out of my mind,'' he...

Week in Review.(Briefs)
December 10, 2007... State House approves help for struggling home owners The state House on Tuesday passed House Bills 5443-5447, which would offer lower-interest, fixed-rate loans through the Michigan State Housing Development Authority to some home owners....

Second success; Food paves path for chef to become filmmaker.(Keith Famie)
December 10, 2007... Byline: Brent Snavely Keith Famie, the Oakland County chef who became nationally known as a "Survivor'' contestant, has staked out a second career as successful documentary filmmaker. Last year, Famie embarked on a project called "Our...

People.(briefs)
December 10, 2007... Architecture Sara Thompson to health care planner, senior interior designer and associate, SSOE Inc., Troy, from interior designer and planner, Albert Kahn Associates Inc., Detroit. Consulting Lewis Smith to director of...

What highly hyped business plan is never going to happen? Take our poll.(News)(Survey)(Brief article)
December 10, 2007... With most of 2007 now in the rearview mirror, Crain's Detroit Business is casting a backward glance at some of the business stories that generated buzz and raised eyebrows this year. We'd like to hear what you think. Each week through Dec....

Edsel Ford names panel to track One D's progress.(News)(Brief article)
December 10, 2007... Byline: Robert Ankeny Edsel Ford announced a "Champions Council'' to help foster and evaluate progress on the goals of One D, the collaboration of six regional civic organizations formed last year to work for regional revitalization. ...

Crain's picks top mergers, deals.(News)
December 10, 2007... Involved in a merger or acquisition in 2007? Crain's Detroit Business will be covering the year's M&A activity in two ways: M&A Awards You may be eligible for the first Crain's M&A Awards competition. Crain's Detroit Business...

First Spirit Bank back on track to open headquarters.(News)
December 10, 2007... Byline: Tom Henderson Organizers of First Spirit Bank, a proposed community bank that plans to target small businesses in the Hispanic and African-American communities in southwest Detroit, say they are back on track with fundraising and...

Bankruptcies.(Brief article)
December 10, 2007... The following businesses filed for Chapter 7 or 11 protection in U.S. Bankruptcy Court in Detroit Nov. 30-Dec.6. Under Chapter 11, a company files for reorganization. Chapter 7 involves total liquidation. Diamond Elite Jewelers Inc., 16205...

Technology is simply against me.(Column)(Brief article)(Column)
December 10, 2007... Byline: KEITH CRAIN I had asked our folks in our own company if they could please get an on/off switch for my phone. When I'm talking to people, it would be nice if the phone didn't ring during a personal discussion. They seem to...

Women in defense businesses form networking group.(News)(Brief article)
December 10, 2007... Byline: Tom Henderson A new Michigan chapter of Women in Defense has been formed to provide networking and career-advancement opportunities for those working in national defense and homeland security, and to offer advice and workshops for...

Calendar.(Calendar)
December 10, 2007... Tuesday Dec. 11 Emerging Smart Sensors and Devices: Computer Assisted Robotic-Enhanced System. 8-10 a.m. Automation Alley. Greg Auner. Automation Alley, Troy. Free. Contact: (800) 427-5100. Wednesday Dec. 12 The State of...

Law firms warm to climate issues; Goal: Solve problems while making profits.(News)(Miller, Canfield, Paddock and Stone PLC)
December 10, 2007... Byline: Robert Ankeny Detroit-based Miller, Canfield, Paddock and Stone P.L.C. has created an inter-disciplinary practice group to address climate change and global warming issues for its business clients, becoming one of a growing number...

In the spotlight.(People)(appointment of Tom Carey at Bayloff Stamped Products)(Brief article)
December 10, 2007... Tom Carey has been hired as president and CEO of Bayloff Stamped Products, a family-owned automotive stamping company based in Belleville. Carey spent more than 20 years in various engineering and purchasing-management positions at General...

Electronic cards test law.(Focus)
December 10, 2007... Byline: Robert Ankeny Holli Targan, chairman of the finance law committee at Jaffe Raitt Heuer & Weiss P.C., is one of a handful of U.S. attorneys who specializes in electronic transactions law. Specialists such as Targan are grappling...

Staffing becomes target as firms hunt for profits.(Focus)(Sommers Schwartz)(Brief article)
December 10, 2007... Byline: Robert Ankeny Shifts in law practice profitability have some firms around the country and locally - regardless of size - making tough decisions about staffing levels. Even partners can be vulnerable. Early this year, more than...

Caraco gets seventh product OK from the FDA, begins expansion.(News)
December 10, 2007... Byline: Sherri Begin Caraco Pharmaceutical Laboratories Ltd. last week announced its seventh final product approval from the U.S. Food and Drug Administration since June 30. To accommodate growth it expects from new products and gains...

Plunkett & Cooney a success in expansion.(Focus)
December 10, 2007... Byline: Robert Ankeny Plunkett & Cooney P.C. is a midsize law firm that has successfully added practice areas and expanded its geographic reach in recent years. Founded in 1913, it was long considered primarily an insurance defense...

Atlanta hub next in expansion of turnaround specialists.(News)(Conway MacKenzie & Dunleavy)(Brief article)
December 10, 2007... Byline: Tom Henderson The Birmingham-based turnaround firm Conway MacKenzie & Dunleavy has signed a lease to expand into Atlanta as part of its plan to become a national firm over the next year or two. Van Conway, senior managing...

Bulking up; Midsize business law firms pressured to expand practice areas, merge.(Focus)
December 10, 2007... Byline: Robert Ankeny It's not easy being stuck in the middle. Midsize business law firms, under particular pressure to increase performance and productivity, are taking steps such as broadening practice areas or affiliating with other...

Atwell-Hicks finds revenue in diversity.(News)
December 10, 2007... Byline: Daniel Duggan Ann Arbor-based engineering firm Atwell-Hicks is bucking the economic slowdown by increasing its size and geographic reach. Revenue is up 46 percent since 2004, and the firm has opened five new offices outside...

Letters.(Letter to the editor)
December 10, 2007... Krichbaum a good choice Editor: Your editorial of Dec. 3, "Gov's COO pick shows poor judgment,'' criticizing Gov. Jennifer Granholm's appointment of Dan Krichbaum as her new COO, simply doesn't get it. When Governor Granholm...

HAP joins list of opponents to Blues bills.(Health Alliance Plan (Detroit, Michigan))(Blue Cross Blue Shield of Michigan.)
December 10, 2007... Byline: Sherri Begin, Amy Lane Health Alliance Plan late last week joined the growing slate of companies and organizations lining up to oppose state legislation backed by Blue Cross Blue Shield of Michigan. HAP is taking issue with...

Don't rush bills on account of the Blues.(Opinion)(Blue Cross and Blue Shield Association)(Viewpoint essay)(Brief article)
December 10, 2007... Another area where some stepping back would be in order is House Bills 5282 and 5283, which set new rules for health insurance policies for individuals. The Blue Cross/Blue Shield-backed bills sailed through the state House of...

Is your company creative?(News)
December 10, 2007... If so, Crain's invites you to be part of its Creative Economy Inventory. This first-ever compilation will document local companies in the following industries: advertising, architecture, art/historic preservation, digital media, design,...

Looking for nominees.(News)
December 10, 2007... Do you know a 20-something who is someone to watch? Crain's is looking for young professionals who are making their mark in the region. We will publish our 2008 class of 20 in their 20s in the March 31 issue. Unlike some other award...

Biggest deals of 2007.(News)
December 17, 2007... Crain's will publish a list of the largest deals of 2007 in its Jan. 28 issue. Included will be mergers and acquisitions of at least $10 million, commercial-property sales and the largest office and industrial leases. For mergers and...

Crain's CFO of the Year Awards.(News)(Chief financial officers)(Brief article)
December 17, 2007... Crain's Detroit Business is seeking nominations for its second-annual CFO awards to recognize these financial leaders. Winners and finalists will be recognized at a June event. To nominate someone, visit www.crainsdetroit.com/nominate....

Detroit moves up the ranks.(Opinion)(Brief article)
December 17, 2007... Detroit is ranked 40th on a global list of places to visit in 2008. That's global, as in 40th in the world. So said The New York Times that published the "53 Places to Go in 2008'' list on Dec. 9. The recommended destinations ranged from...

Briefly.(Briefs)(Delphi Corp. signs agreement with Platinum Equity L.L.C.)(Cobo Center organises North American International Auto Show)(Automation Alley to analyze military innovation program)
December 17, 2007... Delphi sells steering and halfshaft business Troy-based Delphi Corp. (Pink Sheets: DPHIQ) has reached an agreement to sell its global steering and halfshaft businesses to Los Angeles-based Platinum Equity L.L.C. for $447 million. The...