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Judicial restraint; Courts get more reluctant to step into price disputes.(News)
May 2, 2005... Byline: Terry Kosdrosky
As auto suppliers and their customers fight in court like never before, a legal tool used by larger companies to prevent vendors from raising prices is getting greater scrutiny, some automotive attorneys say.
...
Letters.(Letter to the Editor)
May 2, 2005... Council has long record of service
Editor:
After reading Crain's 20th anniversary issue in the April 25 edition, I was puzzled that the Arab American and Chaldean Council was not highlighted in the list of 10 "Beyond black and white''...
Bankruptcies.
May 2, 2005... The following businesses filed for Chapter 7 or 11 protection in U.S. Bankruptcy Court in Detroit the week of April 22-28. Under Chapter 11, a company files a reorganization plan that the court must approve. Chapter 7 involves total...
Golden opportunity on health care costs.(Opinion)(Brief Article)
May 2, 2005... Michigan has focused more on tax breaks and lower tax rates to attract and retain employers.
But a recent roundtable discussion about escalating health care costs suggests that Michigan is almost uniquely positioned to make public-policy...
York Twp. growth spurs it to seek 'urban' aid.(News)(York Township)
May 2, 2005... Byline: Sheena Harrison
With several projects planned for Washtenaw County's York Township, the small community often is seen as a hot spot for new development.
REI Inc. plans to build 3,100 homes on the township's south side over the...
Detroit hamstrung by pensions, benefits; Some say Kilpatrick's proposal unlikely to work.
May 2, 2005... Byline: Robert Ankeny
Pensions and benefits for city employees and retirees are strangling Detroit's finances.
Employee and retiree benefits soared from $340 million in 1995-96 to nearly $600 million in 2004-05, an increase of 76...
Everyone needs health care access.(Opinion)
May 2, 2005... Byline: Chris Allen
With Michigan's unemployment at 7.5 percent, the lack of access to health care through employer-sponsored insurance becomes even more important and urgent than in the past. Today more than 1.1 million people in Michigan...
Budget crises push regional outlook, officials say.(News)
May 2, 2005... Byline: Anjali Fluker
Detroit is not the only place suffering from a public budget crisis.
State revenue-sharing cuts and the same escalating pension and retiree benefits costs that plague the automakers and city of Detroit also are...
This Just In.(University of Michigan gets donation from Helen Zell)(Gallo Corp. plans home development)(GDX Automotive acquires SaarGummi GmbH)
May 2, 2005... UM gets $5M gift for creative-writing program
University of Michigan alumna Helen Zell has made a $5 million gift to help elevate the university's creative writing program.
Helen Zell is married to Sam Zell, founder and chairman of...
Week in Review.(Briefs)(apointments)(mergers)(cases)
May 2, 2005... Microsoft to give $1M to The Henry Ford for exhibit
Bill Gates was in metro Detroit on Friday to announce a $1 million gift from Microsoft Corp. to The Henry Ford.
The chairman and chief software architect at Microsoft Corp., along...
In the spotlight.(People)(Frank Iacobell appointed president of Michigan Orthopaedic Specialty Hospital)(Brief Article)
May 2, 2005... Byline: Michelle Martinez
Frank Iacobell has been appointed president of Michigan Orthopaedic Specialty Hospital in Madison Heights, the Detroit Medical Center announced last week.Iacobell has been with the DMC since 1964 and most recently...
Conservancy nears goal for finishing RiverWalk.(News)
May 2, 2005... Byline: Robert Ankeny, Sherri Begin
Detroit Riverfront Conservancy is finalizing negotiations with the last of eight business owners to gain rights to construct the east portion of its RiverWalk.
The nonprofit hopes to begin...
Giovanni's gets Supper Club lift.(Executive Life)(Giovanni's Ristorante)
May 2, 2005... Byline: Brent Snavely
Tucked away in a heavy industrial corridor in southwest Detroit is a wonderful Italian restaurant called Giovanni's Ristorante, a restaurant that I dined at for the first time when I joined Detroit Synergy Supper Club...
Annual Meetings.(News)
May 2, 2005... * Domino's Pizza Inc.: 10 a.m. May 5, Domino's World Resource Center, 30 Frank Lloyd Wright Drive, Ann Arbor.
* Lear Corp.: 10 a.m. MST May 5, Camino Real Hotel, El Paso, Texas.
* Clarkston Financial Corp.: 10 a.m. May 10, Deer Lake...
Deadline Tuesday for 40 Under 40 nominees.
May 2, 2005... Crain's Detroit Business is looking for successful executives for its annual 40 Under 40 feature.
This special report, to be published Sept. 26, will honor the best and brightest in Southeast Michigan who have made their marks in business...
Deal to put ads on lottery tickets contested.(News)
May 2, 2005... Byline: Amy Lane
State officials are preparing to award a first-of-its-kind contract to sell advertising on lottery tickets, after denying a protest by an agency that includes a former state senator.
The State Administrative Board on...
Board named for merged United Way.(News)(appointments at United Way for Southeastern Michigan)
May 2, 2005... United Way Community Services and United Way of Oakland County, which merged April 1, have named a new board of directors to lead the consolidated United Way for Southeastern Michigan.
Anthony Earley Jr., chairman and CEO of DTE Energy, has...
Corrections.(Correction)
May 2, 2005... * A list of Detroit products on Page E-24 of the April 25 issue should have noted that Red Pelican mustard is no longer being produced. Red Pelican Food Products Inc. in Detroit ceased operations in October 2003, said owner Bud Cornillie.
...
Housing construction up 8 percent in SE Michigan.(News)(Brief Article)
May 2, 2005... Byline: Jennette Smith
Residential construction in Southeast Michigan grew 8 percent in 2004, according to a report from the Southeast Michigan Council of Governments.
A total of 25,362 new units received permits in 2004, the largest...
May we look at your house?(Executive Life)
May 2, 2005... Do you or someone you know have a home that is fabulous or unique? If so, Where I Live writer JoAnn Amicangelo would like to take a look for possible inclusion in an upcoming issue of Crain's Executive Life.
Give JoAnn a call at (313)...
Reporter's Notebook.(Focus)(Health Management Systems Inc. helps Michigan to recover medicaid costs)
May 2, 2005... Byline: Amy Lane
Michigan can do without some firsts - like flirting with the nation's highest unemployment rate.
But in Michigan's battle with spiraling Medicaid costs and budget crunches, there is a new ranking that is to the state's...
A touch of Florida in Birmingham.(Executive Life)(Beth Gotthelf )
May 2, 2005... Byline: JoAnn Amicangelo
Beth Gotthelf made the decision to become an attorney at the age of 12 after reading F. Lee Bailey's book The Defense Never Rests.
"I read it, said, `This is what I want to do,' and never questioned it again,''...
Blues plan upgrades to downtown campus.(News)(Blue Cross and Blue Shield of Michigan Inc.)
May 2, 2005... Byline: Jennette Smith
Blue Cross Blue Shield of Michigan included environmentally friendly and cost-saving features in a planned $40 million upgrade to its downtown Detroit campus.
The company plans to raze a five-story parking deck...
People.(Robert Swistock appointed in CSM Worldwide)(Mark Wayton appointed in Advance Capital Management Inc)(Dennis Blough appointed in Plante & Moran P.L.L.C.,)
May 2, 2005... Architecture
Gary Gamperling to senior project manager, Trinity Design, Farmington Hills, from associate, senior project manager, SmithGroup Inc., Detroit. Also, Gordon Peck to senior health care planner from director of health facility...
Bistro opens in Ann Arbor.(Executive Life)(Mainstreet Ventures Inc. opened a new restaurant Carson American Bistro)
May 2, 2005... Byline: Brent Snavely
Mainstreet Ventures Inc. opened a new restaurant in Ann Arbor called Carson American Bistro April 5.
That gives Ann Arbor-based Mainstreet a total of 15 restaurants in four states and more than 1,500 employees....
Meridian equity owners may be on hook for $60M dividend.(News)(Meridian Automotive Systems Inc.)
May 2, 2005... Byline: Terry Kosdrosky
Equity owners of bankrupt auto supplier Meridian Automotive Systems Inc. could be forced to pay back a $60 million dividend they received last year.
Two sources familiar with the case say Meridian's lenders...
Highland Twp. land owner seeks OK for $300M senior complex.
May 2, 2005... Byline: Andrew Dietderich
A former horse farm in Highland Township will become a high-end senior complex worth at least $300 million if the owner is able to win the township's approval.
Landowner Cleve King is taking the unusual step...
Now Detroit needs to cut the right deal.(Column)
May 2, 2005... Byline: KEITH CRAIN
The courts have spoken. The tribe that was at odds with the three casinos in Detroit picks up $80 million for its trouble. And now we can start building permanent casinos. Or can we?
There has been more conversation...
Projects planned for Northland area; $60m in housing, retail and medical plans on drawing board.(News)
May 2, 2005... Byline: Jennette Smith
An estimated $60 million in new projects are planned for Southfield's Cornerstone District, the area around Northland Mall.
The residential, retail and medical projects in the works give renewed momentum to the...
Briefly.(Briefs)(Morton's Restaurant Group Inc. to open new restaurant)(Plante & Moran P.L.L.C. changed ownership)(DENSO International America Inc. purchases office building)
May 2, 2005... Morton's to open in Troy
Chicago-based Morton's Restaurant Group Inc. is planning to open its second metro Detroit location, in the City Center building in Troy at 888 W. Big Beaver Road, early next year. The 7,500-square-foot Morton's,...
Price of casino litigation: hundreds of millions.(News)
May 2, 2005... Byline: Brent Snavely
The eight-year legal battle that held up the development of Detroit's permanent casinos cost the various parties millions in attorney fees and cost hundreds of millions more in the lost opportunity to operate hotels...
Farmer Jack store-sale process draws fire.(News)(Farmer Jack Supermarkets closes stores)
May 2, 2005... Byline: Brent Snavely
Days after the corporate parent of Farmer Jack and Food Basics stores announced plans to close 11 stores in metro Detroit within 90 days, complaints are emerging over the bidding process for the stores or their...
Rumblings.
May 2, 2005... Bidder up! All-Star auction to feature baseball treasures
Baseball fans! Get ready to bid on a Ty Cobb baseball bat from the 1920s ($50,000-$75,000) or a 1958 Roberto Clemente Pittsburgh Pirates road jersey ($75,000-$100,000).
Just...
Calendar.(Calendar)
May 2, 2005... Tuesday
May 3
Health Care Coverage, the Uninsured, and Why Employers Must Stay in the Game. Greater Detroit Area Health Council Inc. 7:30-9:30 a.m. The Greater Detroit Area Health Council Prescription Drug Program and other...
The beat goes on; Executive rockers find satisfaction - Sinatra too - in weekend bands; better than golf, 'some beer involved' By Gary Anglebrandt.(Executive Life)
May 2, 2005... Byline: Gary Anglebrandt
Jack DiFranco is an investment banker by day. But at night, he's a rock star. At least sort of.
DiFranco is among many Detroit area business professionals reclaiming lost years to the office by playing gigs as...
Big numbers for uninsured.(Focus)
May 2, 2005... More than 447,000 working adults in Michigan do not have health insurance, according to a study to be released today by the Robert Wood Johnson Foundation. For more information, log onto www.covertheuninsuredweek.org.
Huttenlocher bought back from NatCity.(News)(Huttenlocher Group)(Brief Article)
May 2, 2005... Byline: Anjali Fluker
The Huttenlocher Group announced April 20 that it had been repurchased by its founding family from National City Insurance Group, a division of Cleveland-based National City Corp.
The purchase took place in...
Schools agree on information assurance program.(News)(Brief Article)
May 2, 2005... Byline: Sherri Begin
The University of Detroit Mercy Friday formalized an agreement with Henry Ford Community College and Oakland Community College to promote information assurance education and establish the field as a new industry in...
Bosal, Delphi form venture.(News)(Bosal International and Delphi Corp.)(Brief Article)
May 2, 2005... Bosal International and Troy-based Delphi Corp. are expected to announce a joint venture today that creates an exhaust system supplier with a global reach.
The partners have formed a nonequity joint venture, Bosal Delphi, so they can use...
Lawsuits, payments put UAHC under scrutiny.(United American Healthcare Corp.)
May 2, 2005... Byline: Michelle Martinez
Tennessee has put Detroit-based United American Healthcare Corp.'s last surviving subsidiary under administrative supervision, saying its solvency has been threatened by several lawsuits and controversial payments...
Cooperation a necessity.(Opinion)
May 2, 2005... When revenue drops, a business cuts costs and consolidates while trying to increase revenue. That survival strategy has been used over and over by companies in Southeast Michigan.
And it may become a bigger part of public-sector playbooks,...
Wanted: Health care muscle; Michigan is uniquely positioned to make radical fixes, but business wants commitment from Granholm.(Focus)
May 2, 2005... Byline: Michelle Martinez
Kevin Kelly thinks the time for talking about spiraling health care costs is over.
"Enough conversation," said Kelly, the managing director of the Michigan State Medical Society. "We need finite, specific...
Most patients 2004.(News)
May 2, 2005... Provider: Patients
Henry Ford at Home: 67,700
Oakwood Home Care: 13,964
St. John Home Care: 12,930
Beaumont Home Health: 12,906
VNA of SE Michigan: 10,621
Trinity Home Health: 8,710
Hospice of Michigan: 6,445
...
Lists on the Web.(News)
May 2, 2005... All Crain's lists are available at www.crainsdetroit.com. Click on "Crain's lists" in the gray navigation bar.
Should your company be on this list?
E-mail cdbresearch
@crain.com or (313) 446-0418.
Need reprints?
Call...
Mini reasons to register.(News)
May 2, 2005... Byline: Bob Allen
If you haven't yet heard that we're offering new registrants of our Web site a chance to win one of 20 Apple iPod minis to celebrate our 20th anniversary, consider this the first of many reminders.
Let me explain why...
Crain's seeks Health Care Heroes.(News)
May 2, 2005... Crain's Detroit Business is seeking nominations for Health Care Heroes, a special section Aug. 29. Winners will be named in the following categories:
* Corporate achievement in health care: Honors a company that has created an innovative...
Spotlight on: Home health care.(News)
May 2, 2005... 2 graphs: Biggest gainers * Total revenue at top 20 companies * pie chart: Share for top 5 companies: see print copy.
Panel considers Michigan health care; Leaders debate rising costs, how to improve quality and auto industry's role.(Focus)
May 2, 2005... In March, Crain's Detroit Business hosted a breakfast with six executives to discuss specific issues in the health-care cost debate. The discussion is part of a "business insight'' series sponsored by Crain's and Ernst & Young L.L.P. Crain's...
Prototype Big Boy to open today in Madison Heights.(News)(Brief Article)
May 9, 2005... Byline: Brent Snavely
Warren-based Big Boy Restaurants International L.L.C. will unveil a new restaurant today at 30460 John R Road in Madison Heights.
The 150-seat restaurant is the first full-fledged new Big Boy prototype to open in...
Ramco reviews accounting system, looks for new auditor; Will review how it records lease income, bonuses.(News)
May 9, 2005... Byline: Jennette Smith
Ramco-Gershenson Properties Trust is reviewing parts of its accounting system and seeking a new auditor.
In April, incumbent auditor Deloitte & Touche L.L.P. declined to participate in a request for proposal...
Level playing field needed downtown.(Opinion)(Brief Article)
May 9, 2005... A new office building downtown is a mixed blessing for some landlords.
The new Kennedy Square building, a 10-story, $50 million building planned across from Campus Martius Park, will lure tenants in part by lease rates of as much as $8 per...
Food Basics' local failure puzzles some.(News)
May 9, 2005... Byline: Brent Snavely
Food Basics stores in both Canada and the Northeast are thriving, according to numerous public statements made by the store's parent company, Montvale, N.J.-based Great Atlantic & Pacific Tea Co.
But in Detroit,...
World getting smaller right here at home.(News)
May 9, 2005... Byline: Mary Kramer
The opening of the Arab American National Museum in Dearborn last week is another reminder of one of this region's greatest strengths: diversity. As our world becomes more global, through business or through world...
Port Authority gets clearance to acquire Marine Terminal.(News)(Detroit-Wayne County Port Authority)(Detroit Port Development Corp.)
May 9, 2005... Byline: Michelle Martinez
Detroit City Council on Friday approved a deal by the Detroit-Wayne County Port Authority to pull the defunct Detroit Marine Terminal off the auction block.
The deal would transfer ownership of the 35-acre...
Kaydon OKs plan to buy back stock.(News)(Brief Article)
May 9, 2005... Byline: Sheena Harrison
Kaydon Corp. (NYSE: KDN) announced on Friday that it has authorized a repurchasing program of up to 5 million shares of the company's common stock.
The Ann Arbor-based maker of bearings, filters and other...
Downtown office woos E&Y; Redico touts tax advantages; other landlords cry foul.(News)(Ernst & Young L.L.P)
May 9, 2005... Byline: Jennette Smith, Robert Ankeny
Accounting firm Ernst & Young L.L.P. is among tenants being courted by Redico Management Inc. for its 10-story office building planned for downtown Detroit, real estate sources say.
The Kennedy...
Placing the pieces: Flint Ink gets creative to maintain position in 'brutal' industry; One company is in a sector flush with cash and is ready to use it. Another is in an old industry being rapidly changed by technology.
May 9, 2005... Byline: Sheena Harrison
An industry changing because of increased digital printing and Internet use and rising raw material costs is causing Flint Ink Corp. to create new shades of business to stay ahead of the market.
The Ann...
In the spotlight.(People)(Detroit Regional Chamber vice president )(Brief Article)
May 9, 2005... Byline: Robert Ankeny
Tammy Carnrike, president and CEO of the Chenango Chamber of Commerce in New York state, has been named executive vice president of the Detroit Regional Chamber. Carnrike replaces Tami Door, who left in January to...
Mock courtroom puts witnesses, evidence on trial; Rehearsing case often leads to mediation.(News)
May 9, 2005... Byline: Robert Ankeny
Trial lawyers can rehearse with evidence, prepare witnesses and help clients decide whether to go to trial or use mediation for their patent or trademark infringement cases with the help of a $250,000 high-tech mock...
Maybe our politicians will surprise us.(Column)
May 9, 2005... Byline: KEITH CRAIN
This year it looks to all the world like there is going to be a pretty big battle to elect the next mayor of Detroit.
Although there will be plenty of folks on the primary ballot, it will probably boil down to three...
Corruption witness's 5 companies file Ch. 11.
May 9, 2005... Byline: Robert Ankeny
Bankruptcy filings for five companies are the latest in a string of troubles for Frank Vallecorsa, a key witness in the federal government's investigation of local government corruption.
Vallecorsa's testimony...
Work on permanent casinos takes a step forward.(News)(rezonings for gambling industry)(Brief Article)
May 9, 2005... Byline: Robert Ankeny
The Detroit City Council on April 29 approved rezonings for the permanent sites of Greektown Casino L.L.C. and MotorCity Casino L.L.C. The action came a day after a 6th U.S. Circuit Court of Appeals ruling in the...
Annual Meetings.(News)(Calendar)
May 9, 2005... * Comerica Inc., 9:30 a.m. May 17, Max M. Fisher Music Center, 3711 Woodward Ave., Detroit.
* Amerigon Inc.: 11 a.m. May 19, Amerigon headquarters, 500 Town Center Drive, Suite 200, Dearborn.
* CMS Energy Corp.: 9 a.m., May 20, 1...
NAWBO to honor 6 women.(News )(National Association of Women Business Owners )(Brief Article)
May 9, 2005... The Detroit chapter of the National Association of Women Business Owners will honor six women in the auto industry May 20. They are:
Gail Duncan, president of Jerome Duncan Ford/Sterling Collection, Sterling Heights; Barbara Hendrickson,...
Detroit church to become new Cornerstone school.(News)(Cornerstone Schools Association)
May 9, 2005... Byline: Sherri Begin
Cornerstone Schools Association plans to open another school in Detroit this fall.
The new elementary school will be housed in the Metropolitan United Methodist Church at Woodward Avenue and Chandler Street and...
This Just In.(MESHED BRIEFS)
May 9, 2005... Five local Waldenbooks to become Borders Express
Ann Arbor-based Borders Group Inc. is converting five local Waldenbooks stores into Borders Express stores.
Borders Express is a scaled-down version of the company's superstores.
...
Financial upstart hopes to double revenue with Arizona, Georgia offices.(News)(Strategic Financial Services Inc.)
May 9, 2005... Byline: Anjali Fluker
A little more than a year after Strategic Financial Services Inc. set up shop in Troy, the financial-services company announced two new operations expected to nearly double its revenue for 2005.
Strategic...
Border crossings move to ease congestion.(News)(tuck traffic management)(Column)
May 9, 2005... Byline: Michelle Martinez
A challenge to border operators in Michigan and Ontario from the U.S. Department of Homeland Security and the federal government of Canada is spurring investments on both sides.
Former Homeland Security...
Grubb & Ellis executive to open own brokerage.(News)(Brief Article)(Column)
May 9, 2005... Byline: Jennette Smith
Jon Savoy, a Grubb & Ellis senior vice president, has left the commercial real estate brokerage and plans to open a Lee & Associates office in Southfield.
Lee & Associates is a group of independently owned...
The Reserve joins special-event venues.(News)(Column)
May 9, 2005... Byline: Brent Snavely
The Reserve, a 6,800-square-foot banquet and catering center, held its first event April 9 after five years of planning and construction by restaurateurs Norm and Bonnie LePage. It's the latest of three new banquet...
People.
May 9, 2005... Architecture
Patrick Westerlund to vice president of design, The Design Group, Architects, Troy, from principal, Westerlund Architects, Beverly Hills.
Construction
David Burns to development director, The Lockwood Cos., Bingham...
Dura gets new financing deal.(News)(Dura Automotive Systems Inc.)(Brief Article)
May 9, 2005... Byline: Terry Kosdrosky
Dura Automotive Systems Inc. reached a new financing agreement Thursday that the company said will help it weather a tough time in the auto industry.
Rochester Hills-based Dura (Nasdaq: DRRA) now has a $175...
Datapak's growth catalogs success; Fulfillment company plans new headquarters, new services.(News)(Datapak Services Corp.)
May 9, 2005... Byline: Sheena Harrison
Whether it's kitchen appliances, music collections, or golf-tutorial videos, Datapak Services Corp. has brought millions of infomercial and catalog products into customers' homes over the past 17 years.
Now,...
St. Clair Shores biz group pushes special district to improve Harper Ave.(News)(Column)
May 9, 2005... Byline: Anjali Fluker
A walkable shopping district, clean storefronts and several restaurants are features the Harper Avenue Business Association would like to see in St. Clair Shores' near future.
An ordinance introduced to city...
Suburban Sports' ice rinks find success close to the net.(News)(Suburban Sports Group)
May 9, 2005... Byline: Anjali Fluker
About 13 years ago, Tom Anastos decided it was time to step away from his rinkside role and enter the private sector.
But Anastos played college and professional hockey and coached at the college level, so he...
Handleman says new business may replace loss from Kmart.(News)
May 9, 2005... Byline: Brent Snavely
Handleman Co.'s (NYSE: HDL) loss of a portion of its music distribution account with Kmart will cause the company to cut about 7 percent of its workforce, but some of the revenue it will lose could be replaced by new...
Business Diary.(Briefs)
May 9, 2005... Acquisitions
Strategic Business Solutions Inc., Troy, has acquired Defined Employee Management, a Troy professional employer organization. Terms were not disclosed.
Call For Nominations
The Association for Women in Computing, Ann...
Tale of Taubman and Young.(Letters)(Letter to the Editor)
May 9, 2005... Editor:
I found your story about Al Taubman to be generally good ("Making things happen,'' April 4). However, I feel compelled to correct a misstatement of the facts regarding Taubman's attempt to develop a downtown shopping district.
...
Corrections.(Correction)(Correction Notice)
May 9, 2005... * A list of United Way for Southeastern Michigan officers and board members on Page 33 of the May 2 edition should have included Deborah Macon, a West Bloomfield Township trustee, as secretary, and Elizabeth Bunn, secretary-treasurer of the...
Getting more of the Private 200.(News)
May 9, 2005... Byline: Bob Allen
There's always a certain amount of intrigue that comes along with peering into the financial details of a privately held company. If the information included on the Private 200 list on Page 11 in this week's issue only...
Michigan garners no venture capital in 1Q.(News)(Column)
May 9, 2005... Byline: Andrew Dietderich
Venture-capital investments in Michigan companies were zero during the first quarter, the first time since 1999 the well was bone-dry during a three-month period.
That's according to the...
Sale goes sour; Rootlevel founder files suit.(News)(Column)
May 9, 2005... Byline: Andrew Dietderich
Two years after laying off more than 70 employees, transferring several high-profile clients to a competitor and leaving creditors with unpaid bills, entrepreneur John Lauer was primed to sell one of two surviving...
Placing the pieces: Questor's acquisitions lead to big growth, diversified holdings; One company is in a sector flush with cash and is ready to use it. Another is in an old industry being rapidly changed by technology.(Column)
May 9, 2005... Byline: Terry Kosdrosky
Private equity funds are in the driver's seat when it comes to acquisitions, which was good news for Questor Management Co. L.L.C. last year.
As corporations backed off making acquisitions the past few years to...
Goodwill scoops up Ben & Jerry's Detroit franchise.(News)
May 9, 2005... Byline: Sherri Begin
Goodwill Industries of Greater Detroit plans to dish out youth job training as well as ice cream when it opens a new Ben & Jerry's franchise in the Compuware building at the end of May.
The nonprofit hopes to use...