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Biz-tax surcharge makes sense.(Opinion)(Viewpoint essay)(Brief article)
November 5, 2007... Michigan's leading business groups aren't singing from the same page - or even out of the same hymnal. The lack of unity will hurt, not help, efforts to get rid of the new sales tax on services before the sales tax is scheduled to take effect...
Strength Capital launching third fund with $250M target.(News)(Strength Capital Partners L.L.C.)
November 5, 2007... Byline: Tom Henderson
Strength Capital Partners L.L.C., a private-equity firm based in Birmingham, will launch fundraising today for its third and largest investment fund, with a target of $250 million.
The firm hopes to have a first...
Flagstar losses don't stem expansion or optimism.(News)(Flagstar Bancorporation Inc.)
November 5, 2007... Byline: Tom Henderson
Buoyed in part by the Federal Reserve's decision last Wednesday to lower interest rates, the market was slow to react to the quarterly earnings report released by Troy-based Flagstar Bancorp Inc. after the close of...
Business Diary.(Briefs)(BNP Media acquired Watt Publishing Co)(Hermanoff & Associates signed a project agreement with Oakland Medical Centers)(Nonprofit Enterprise at Work opened a Detroit office )
November 5, 2007... ACQUISITIONS
BNP Media, Troy, has announced the acquisition of MeatProcessingXchange from Watt Publishing Co., an Illinois trade-magazine publisher and trade-show company. MeatProcessingXchange is an annual industry event.
DriveSol...
People.(Hamilton Anderson Associates appoints Tom Sherry )(Turner Construction Co. appoints Dann McDonald )(MSW Group plc. appoints Kenneth Olen )
November 5, 2007... ARCHITECTURE
Tom Sherry to firm principal, Hamilton Anderson Associates, Detroit, continuing as vice president of design.
CONSTRUCTION
Dann McDonald to marketing manager, Turner Construction Co., Detroit, from marketing manager,...
Week In Review; From www.crainsdetroit.com, week of Oct. 27-Nov. 2.(Briefs)
November 5, 2007... Commissioner OKs 63 days of racing at Pinnacle
The Michigan Office of Racing Commissioner on Wednesday approved 63 days of racing at the proposed Pinnacle Race Course thoroughbred track in Huron Township.
Jerry Campbell, chairman of...
Romulus: Runway would uproot residents.(News)(Brief article)
November 5, 2007... Byline: Bill Shea
The addition of a seventh runway at Detroit Metropolitan Airport by 2025, as proposed in a tentative capital-improvement plan, could displace as much as 15 percent of Romulus' population.
That's according to a Sept....
The fish out of water; Fitting in at work can be a challenge when you're not quite like the others.(Business Lives)(Productions Plus Inc.)
November 5, 2007... Byline: Maureen McDonald
As CFO of Bingham Farms-based Productions Plus Inc., Sal Caruso deals with more than keeping the books balanced.
On a typical day he may have to deal with sequined bustiers and thigh-high leather boots.
...
Briefly.(Briefs)(S. Department of Homeland Security awarded The Detroit Medical Center)(Investment by venture capitalists)(Van Tine/Guthrie Studio merged with Timbes Architectural Group)
November 5, 2007... DMC gets $297,000 in grants from Homeland Security
The U.S. Department of Homeland Security has awarded $297,000 in grants to The Detroit Medical Center.
The grants were made as part of the department's Urban Areas Security Initiative...
Service-tax rift splits business community.
November 5, 2007... Byline: Amy Lane
Michigan businesses may be united in their desire to kill the new service tax, but they're divided on how to get the job done.
A push by the Michigan Manufacturers Association and others to raise replacement revenue...
Deadline nears to get term-limit redo on ballot.(News)
November 5, 2007... Byline: Amy Lane
Changes to Michigan's legislative term limits could queue up this week in the Legislature, as supporters face dwindling days to place the measure on the Jan. 15 ballot.
Under discussion is a proposal that would reduce...
JobApp Network gets $4M.(News)(JobApp Network Inc recieved finance from Vineyard Capital Group )(Brief article)
November 5, 2007... Byline: Tom Henderson
Troy-based JobApp Network Inc. has received $4 million in equity funding from Bloomfield Hills-based Vineyard Capital Group and its affiliated investors. The company helps fast-food restaurants and nursing homes...
Cobo conundrum; A year after Ficano's plan for transforming Cobo was introduced, many questions are unanswered.(Focus)
November 5, 2007... Byline: Daniel Duggan
It's been one year since Wayne County Executive Robert Ficano put his plan on the table for the future of Cobo Center.
A year of behind-the-scenes meetings and wrangling has stakeholders on board, in principle,...
This Just In.(Chrysler L.L.C plans for reorganisation)(Gershenson/Kirco plans to break ground )(Northern Equities Group purchased & JC Investments Inc.)
November 5, 2007... Chrysler cuts: Tier-twos likely to take the big hit
Supplier fallout from Chrysler L.L.C.'s decision last week to cut four vehicles will likely range from minimal for large tier-one suppliers to catastrophic for some tier-two suppliers.
...
Correction.(Correction notice)
November 5, 2007... The fifth paragraph of Crain's new feature, Givers & Shakers, on Page 23, should have said the Arts Alive gala of the Detroit Institute of Arts has drawn $1.2 million in ticket sales and $2.6 million in sponsorships.
List your nonprofit golf event.(News)
November 5, 2007... Nonprofits that stage fundraising golf events are invited to list their 2008 events free of charge at www.crainsdetroit.com/golfevent guide.
The site, created by Crain's Detroit Business and the Farmington-based J. Ryder Group, also allows...
Wind Point makes three acquisitions.(News)
November 5, 2007... Byline: Tom Henderson
Southfield-based Wind Point Partners, a private-equity firm with $2 billion under management, has announced three acquisitions for its Omaha, Neb.-based York Label portfolio company.
Wind Point bought...
Chrysler L.L.C.'s national TV buys move to New York.(News)
November 5, 2007... Byline: Jean Halliday Crain News Service
Detroit's wobbling ego took another hit last week after the Omnicom Group media-buying shop PHD confirmed it was moving hundreds of millions of Chrysler L.L.C.'s national TV-buying dollars to New...
Growth plans.(News)
November 5, 2007... Byline: Sheena Harrison
Belle Tire Distributors Inc. plans to open five new stores in the next year, President and CEO Don Barnes Jr. said.
The company has a store in Jackson and four undisclosed Michigan sites currently under...
Butterflies for lunch? Unusual venues become popular for hosting events.(Focus)
November 5, 2007... Byline: Natasha Robinson
Bringing a sweater to work can come in handy when the company has its next big meeting on the ice at Joe Louis Arena.
Sound strange? Not when the arena and a host of other Southeast Michigan venues are...
Climbing national debt weakens dollar.(Opinion)
November 5, 2007... Byline: David Breuhan
Many residents of Michigan are aware of exchange rates, given our proximity to America's largest trading partner, Canada. With the Canadian dollar at par with the American dollar, analysts and economists often look...
Bankruptcies.
November 5, 2007... The following businesses filed for Chapter 7 or Chapter 11 protection in U.S. Bankruptcy Court in Detroit Oct. 26-Nov. 1. Under Chapter 11, a company files for reorganization. Chapter 7 involves total liquidation.
Central Footwear Group...
3Q better for some suppliers; Currency rates, stable volumes are helping.(News)
November 5, 2007... Byline: Brent Snavely
So far, third-quarter numbers for large, tier-one automotive suppliers look pretty good.
BorgWarner Inc., American Axle & Manufacturing Holdings Inc. and Visteon Corp. all beat analysts' expectations; and TRW...
Starbucks shows it can succeed in Detroit.(Business Lives)(Report)
November 5, 2007... Byline: Brent Snavely
Those seeking proof that national retailers and restaurants can survive in downtown Detroit need look no further than Starbucks Corp.
In early October, the Washington-based nonprofit Social Compact Inc. released a...
Gift gives a 'public face' to feelings about DIA.(Business Lives)
November 5, 2007... Byline: Sherri Begin
In order for the region to thrive, it needs its cultural organizations, said Dede Feldman, board member emeritus of the Detroit Institute of Arts.
Feldman, 77, and her husband, Oscar Feldman, made a $500,000 pledge...
Airport should aid regional transit.(higher passenger ticket tax to fund the transportation project)(Viewpoint essay)(Brief article)
November 5, 2007... Could Southeast Michigan ever get its act together and support a regional transit system? The question has confounded civic and business leaders for decades.
But even in these financially challenged times, transportation is a key...
Meeting planners find unusual venues.(Focus)
November 5, 2007... Byline: Natasha Robinson
Joe Louis Arena
600 Civic Center Drive, Detroit
Amenities: Stadium seating, wireless capabilities, audio-visual services.
Event capacity: Legends Club, 145; Olympia Club, 500; Manhattan Room, 100;...
Calendar.(Calendar)
November 5, 2007... Wednesday
Nov. 7
Brand Transformation: From Philosophy to Reality. Noon-1:30 p.m. Detroit Economic Club. Jon Luther, chairman and CEO, Dunkin' Brands Inc. Dearborn Marriott. $40 members, $50 guests of members, $75 others. Contact:...
In the spotlight.(People)(Joyce Sutcliff has joined NanoBio Corp)(Brief article)
November 5, 2007... Joyce Sutcliff has joined Ann Arbor-based NanoBio Corp. in the new position of vice president of research.
James Baker Jr., founder and CEO of NanoBio, said in a press release adding Sutcliff "will enable NanoBio to accelerate the number...
Honor creatives in The D on Nov. 28.(Calendar)(Calendar)
November 5, 2007... The Adcraft Club of Detroit will honor the community's advertising and marketing professionals with "The D Show,'' scheduled for 6- 11 p.m. Nov. 28 at the Max M. Fisher Music Center in Detroit.
The evening features cocktails, a strolling...
Politics, taxes at Nov. 14 breakfast meeting.(Calendar)(Calendar)
November 5, 2007... Politics, the economy and taxes will be the theme of the Crain's Detroit Business outlook breakfast scheduled for 7:30-9:30 a.m. Nov. 14 at the Gem Theatre in Detroit.
Speaking will be:
* Amy Lane, Crain's Capitol correspondent, who...
Reopening night; DIA gala expected to draw $4M, 2,000 attendees.
November 5, 2007... Byline: Sherri Begin
The Detroit Institute of Arts expects to pull in about $4 million in revenue from tickets to its Saturday black-tie gala and corporate sponsorships tied to its grand reopening.
Ticket revenue from the "Arts Alive''...
London firm acquires assets of Voestalpine Polynorm.(News)(Caparo Group acquired the assets of Voestalpine Polynorm Inc.)
November 5, 2007... Byline: Brent Snavely
The London-based Caparo Group has acquired the assets of Voestalpine Polynorm Inc. and plans to use the Novi company as a platform for expansion in the North American automotive industry.
Polynorm is a...
'Daily Show' fan.(Business Lives)(Ann Arbor Area Chamber of Commerce)
November 5, 2007... Byline: Jonathon Eppley
Jesse Bernstein
President and CEO
Ann Arbor Area Chamber of Commerce
Jesse Bernstein, 59, president and CEO of the Ann Arbor Area Chamber of Commerce, is a fan of gangster-related stories. From books to...
Columnist to cover local charity event scene.(Business Lives)(Julie Yolles)(Brief article)
November 5, 2007... Voted "Most Talkative'' in her senior high school class, Julie Yolles is the new charity columnist for Crain's Detroit Business. In addition to being a freelance corporate communications writer and editor, she's a contributor to Hour and...
Two great ways to give thanks.(Business Lives)(Correction notice)
November 5, 2007... Byline: Julie Yolles
*****
Correction: The fifth paragraph of Crain's new feature, Givers & Shakers, on Page 23, should have said the Arts Alive gala of the Detroit Institute of Arts has drawn $1.2 million in ticket sales and $2.6...
Beyond tires; Belle Tire offers glass repair, wants to be one-stop shop.(News)(Belle Tire Distributors Inc.)
November 5, 2007... Byline: Sheena Harrison
Belle Tire Distributors Inc. has gained a new subsidiary by entering the auto-glass repair and replacement business.
Allen Park-based Belle Tire began offering the service through its 80 Michigan stores and 20...
New hotels springing up despite weak occupancy rates, difficult financing.(Focus)
November 5, 2007... Byline: Daniel Duggan
The region's hotel-room inventory is expanding despite lackluster occupancy rates as developers build new projects to compete with aging properties.
Projects are popping up across the region. They are on the east...
Making a list, checking it twice.(News)
November 5, 2007... Byline: Kevin Hill
We published our list of Most Influential Women in the print issue Oct. 8, but the feature continues to grow online at www.crainsdetroit.com/influentialwomen.
There, you can find not only the 2007 list but also our...
Rumblings.(Lear Corp. is planning to hold a leather fashion show )(Cass Community Social Services has launched a recycling program)(Romanian prince stopped in Motown )
November 5, 2007... Lear fashion show to parade chic for cheeks
Get ready for runway-ready rawhide.
Lear Corp. is planning to hold a leather fashion show and press conference Wednesday to unveil its Aventino Collection, a new line of premium leather for...
Forum to discuss transit.(News)
November 5, 2007... The University of Michigan/Urban Land Institute Real Estate Forum on Wednesday and Thursday in Troy includes several sessions about transit strategy.
There are transit-focused breakout sessions and two transit panel discussions planned at...
Detroit Renaissance issues plan update.(News)(Brief article)
November 5, 2007... Byline: Robert Ankeny
Detroit Renaissance Inc. last week issued its first quarterly progress report on its "Road to Renaissance'' strategies to transform the economy in Detroit.
The report highlights progress on objectives announced...
Tennis, anyone? If so, Baseline can run the program for you.(News)(Baseline Tennis Inc)
November 5, 2007... Byline: Bill Shea
Jim Fleming and Jeff Stassen have heard the horror stories about running tennis programs.
Most revolve around a well-meaning tennis pro who can teach a backhand, but is clueless when it comes to scheduling tournaments...
The art of art display; Rethinking reinstallation: It's more than pounding in new nails.(News)(Detroit Institute of Arts plans for renovating the historic museum)
November 5, 2007... Byline: Sherri Begin
When staff at the Detroit Institute of Arts drew up plans for renovating the historic museum, they didn't initially plan to change how its art was displayed.
But the discovery of structural problems in exterior...
$1B plan stirs up Northwest; Airline opposes monorail system.(Federal Aviation Administration)
November 5, 2007... Byline: Bill Shea
The authority that governs Detroit Metropolitan Airport expects to submit a controversial $1 billion master plan of capital improvements for approval by the Federal Aviation Administration in January.
At the heart of...
It's nothing but a great big charade.(Column)
November 5, 2007... Byline: KEITH CRAIN
Something's wrong with our political system when a bunch of people we don't even know can dictate when and for whom we can vote to select a presidential nominee.
The way I understand it, we want our selection of a...
A Conversation With Larry Alexander, Detroit Metro Convention and Visitors Bureau.(Focus)(Interview)
November 5, 2007... Byline: Daniel Duggan
Larry Alexander is president and CEO of the Detroit Metro Convention & Visitors Bureau. He spoke with Crain's reporter Daniel Duggan about convention pitches, marketing and big events coming to town.
Is there an...
Young professionals consider regional coalition.(News)
November 5, 2007... Byline: Chad Halcom
Young professionals from several organizations in Southeast Michigan may soon unite to share information and possibly tackle regional projects or issues.
Fusion, a young-professionals program of the Detroit Regional...
Letters.(Letter to the editor)
November 5, 2007... More information on Angie's List
Editor:
After reading what Angie Hicks (founder of Angie's List) had to say about their service in her response to your article of Oct. 8 (Letters: "Angie's List sets it straight''), I'd like to inform...
Ground broken for Chesterfield Towne Centre.(Focus)
November 5, 2007... Byline: Chad Halcom
Hotel and convention center space likely will be completed first at the Chesterfield Towne Centre in Chesterfield Township, followed by retail and specialized features like a fitness club and outpatient health care...
Fight over hospital site could be lengthy.(News)(Case overview)
November 12, 2007... Byline: Sheena Harrison
Both REIS Northville L.L.C. and Northville Township say they're prepared to fight a lengthy court battle over REIS' plans for the Northville Psychiatric Hospital site.
REIS filed suit last week in Wayne County...
Rumblings.
November 12, 2007... LaSalle's name transitions from R.I.P. to BOA
You can expect to see Bank of America signs going up around town in January - first at ATMs at sports venues, then at bank branches as the LaSalle name heads to the local bank moniker burial...
Staffing firms expect Chrysler contract workers to find jobs.(News)
November 12, 2007... Byline: Chad Halcom
Staffing companies in Southeast Michigan expect most of the 1,000 or so contract employees leaving Chrysler L.L.C. under the company's cutbacks to find new jobs.
But flexibility could be important. Some new jobs may...
Calendar.(Calendar)
November 12, 2007... Tuesday
Nov. 13
U.S. Economic and Trade Relations: Present and Future. 11:30 a.m.-1:30 p.m. Detroit Economic Club. Zhou Wenzhong, China's ambassador to the United States. The Masonic, Detroit. $40 members, $50 guests of members, $75...
From seats to runway; Lear struts out new line of leather fabrics.(News)
November 12, 2007... Byline: Brent Snavely
Lear Corp. stepped outside its comfort zone last Wednesday when it hosted a leather fashion show at the Museum of Contemporary Art Design in Detroit.
"This is a little bit of a different event for us,'' Mel...
Mass. firm looks for local startups; Company funded WSU's GliaGen, UM's Biotectix.(News)(Wayne State University)(University of Michigan)
November 12, 2007... Byline: Tom Henderson
A Massachusetts company that invests in early stage university research has funded the launch of two Southeast Michigan companies and will meet with Wayne State University researchers Nov. 19-20 as it looks to add...
State agency, IRS to share more employer tax info; Unemployment insurance is focus.(News)(Internal Revenue Service)(Michigan Unemployment Insurance Agency)
November 12, 2007... Byline: Amy Lane
Michigan unemployment-insurance regulators and the Internal Revenue Service plan to share more tax information about employers, under an agreement announced last week.
The information-sharing arrangement between the...
Lawmakers may tweak MBT before Jan. 1.(Briefs)(Michigan. Department of Treasury)
November 12, 2007... Byline: Amy Lane
Michigan property and casualty insurers are hoping that in the next few weeks, they'll get what they couldn't in June: a tax credit for compensation paid to employees, under the new Michigan Business Tax.
It is among...
I'll miss the mark ... on Detroit mail.(Column)(Column)
November 12, 2007... Byline: Mary Kramer
With all the big questions and even bigger problems facing the region, it may seem like small potatoes, but I will miss having a Detroit postmark on my mail.
If you've been following the hullabaloo, the U.S. Postal...
Compliance costs accrue even if tax likely to die.
November 12, 2007... Byline: Amy Lane
George Lee estimates that his Warren tree care and landscaping company has spent about $10,000 investigating and getting ready for Michigan's new tax on services.
And that expense reflects just the compensation - the...
Brokers may change jobs, but they still keep their client list.(News)
November 12, 2007... Byline: Daniel Duggan
Renee de Spelder has had to switch jobs twice since 2006 because the companies she worked for were acquired or sold.
Now working for CB Richard Ellis, the leasing broker is one of many in the area who had to put...
In the spotlight.(People)(Tower Automotive Inc appointed Gyula Meleghy)(Brief article)
November 12, 2007... Byline: Brent Snavely
Novi-based Tower Automotive Inc. said last week that it has named Gyula Meleghy to the newly created position of president, international operations.
Meleghy, 52, will lead all Tower businesses in Europe, South...
TRW proves true to its plans; Supplier to continue building Michigan testing grounds.(News)
November 12, 2007... Byline: Brent Snavely
TRW Automotive Holdings Corp. plans to move forward next year with the second phase of construction at its proving grounds in Locke Township near Fowlerville.
The project represents a total investment of $16...
WADL shifts emphasis to African-American viewers; Acquires syndicated shows, boosts ad staff.(News)
November 12, 2007... Byline: Bill Shea
The local television industry is taking a wait-and-see approach to the decision by WADL-TV Channel 38 to shift its focus from primarily religious, infomercial and home-shopping programs to programming aimed at metro...
Gleaners uses United Way hot line for donations.(Focus)(Brief article)
November 12, 2007... Byline: Sherri Begin
Gleaners Community Food Bank of Southeastern Michigan hopes to bring in additional food donations through calls to United Way for Southeastern Michigan's 2-1-1 emergency help hot line.
Offers of food donations made...
Metro Detroit gets creative in diversifying from autos.(News)(Detroit Renaissance Inc.)(Survey)
November 12, 2007... Byline: Bill Shea
An online survey targeted at companies within metro Detroit's creative community - from architecture to Web design - is being launched today as the initial step to promote and support the region's creative economy.
...
Letters.(Letter to the editor)
November 12, 2007... Leaders in Lansing need to... lead
Editor:
As the state of Michigan continues its budgetary struggles, and because the Troy Chamber is concerned about Michigan's future, I'd like to offer some food for thought.
The chamber's...
Canadians could be Santa to retailers; Dollar's dive could lure buyers across border.
November 12, 2007... Byline: Sheena Harrison
Metro Detroit will be a shopping hot spot for Canadians seeking deals on their holiday gifts this year, according to an analysis by East Lansing-based Anderson Economic Group L.L.C.
The declining value of the...
Small, midsize companies sought as United Way funding sources.(Focus)
November 12, 2007... Byline: Sherri Begin
Participation of small and midsize companies in the United Way for Southeastern Michigan's Torch Drive has remained steady in recent years, and the organization expects these donor groups to be bigger funding sources...
People.
November 12, 2007... Biotechnology
Lyou-fu Ma to senior vice president of development and regulatory affairs, NanoBio Corp., Ann Arbor, from senior director, Pfizer Global Research and Development, Ann Arbor. Also, Susan Ciotti to director of formulation...
Gifts of giving ... and gifts of gab.(News)(Detroit Institute of Arts )
November 12, 2007... Byline: Kevin Hill
There are a ton of reasons to be excited about the reopening of the Detroit Institute of Arts on Nov. 23. Not the least among them is the continued support of the business community in raising $4 million in ticket sales...
Bankruptcies.
November 12, 2007... The following businesses filed for Chapter 7 or Chapter 11 protection in U.S. Bankruptcy Court in Detroit Nov. 2-9. Under Chapter 11, a company files for reorganization. Chapter 7 involves total liquidation.
F.I. Properties Inc., 700 E....
Nonprofits can dig deeper for donors.(Opinion)(Brief article)
November 12, 2007... What if a secret benefactor dropped $3 billion on the region to be spent over the next eight years? What would be the best use of the dollars to make Southeast Michigan a more vibrant and successful place to live and work?
That sum isn't...
Deadline eased for $15 billion Humvee replacement project.(News)(High-Mobility Multipurpose Wheeled Vehicle)
November 12, 2007... Byline: Chad Halcom
The deadline rush is off for designers and contractors on a $15 billion project to replace the Humvee in the U.S. military vehicle fleet.
The Army and Marine Corps, which have sought up to 160,000 Joint Light...
Riehl restores sales with vintage parts.(News)(Roseville Chrysler-Plymouth )
November 12, 2007... Byline: Sheena Harrison
Mike Riehl's Roseville Chrysler Jeep is seeing promising sales growth in a new division that sells specialty parts for vintage cars.
Through Riehl's dealership, car buffs can find parts as large as engines and...
Lawsuit puts focus on how patent law is determined.(News)
November 12, 2007... Byline: Robert Ankeny
The battle over the future of the U.S. patent process now involves all three branches of the federal government - and has patent lawyers at odds, too - after a preliminary injunction that blocked new rules from the...
Philanthropy Day awards honor giving, volunteerism.(Focus)(Max M. Fisher Award for Outstanding Philanthropist Gretchen Carhartt Valade)(Jewel Award for Outstanding Volunteer Fundraising)(Neal Shine Award for Media Commitment to Philanthropy)
November 12, 2007... Gretchen Carhartt Valade
Chairwoman, Detroit International Jazz Festival Foundation; Mack Avenue Records, Harper Woods; and Carhartt Inc., Dearborn
Max M. Fisher Award for Outstanding Philanthropist
If the St. John Health...
Deloitte partner retires, joins new accounting firm.(News)(Rick DiBartolomeo partner in Deloitte Touche Tohmatsu resigned)(Brief article)
November 12, 2007... Byline: Tom Henderson
Rick DiBartolomeo, a partner in the assurance group at the Detroit office of Deloitte & Touche USA L.L.P., has retired after nearly 26 years and has joined the Troy office of The Rehmann Group as a partner.
He...
All Media sees being bought as just a start.(News)
November 12, 2007... Byline: Christine Snyder
Ann Arbor-based All Media Guide's planned purchase by Santa Clara, Calif.-based Macrovision Corp. could pave the way for access to AMG's product lineup to be preloaded onto computers and devices.
AMG owns one...
Business Diary.(Briefs)(ArvinMeritor Inc.)(DTE Energy Co.)(AT&T Inc.)
November 12, 2007... Acquisitions
The Pontiac Policemen's & Firemen's Retirement System; the General Employees Retirement System of the City of Pontiac; CAPROC L.L.C., Northville; and Joseph Capozzoli have announced that CAPROC has purchased the interests of...
Briefly.(Briefs)(Leslie Murphy appointed by Plante & Moran P.L.L.C.)(OU Inc. employee David Spencer to resign)(Risa Balayem of Ford Field communications resigs)
November 12, 2007... Plante & Moran's Murphy named CPA group's woman of the year
Leslie Murphy, a partner in the Southfield-based accounting and consulting firm Plante & Moran P.L.L.C. and incoming chair of the Detroit Regional Chamber, has been named...
Making a connection; Fundraising strategy advises putting the relationship first - and nonprofits are seeing results.(Focus)(Alternatives for Girls )
November 12, 2007... Byline: Amy Whitesall
When Polly Ledyard joined the board of directors of Detroit-based Alternatives For Girls two years ago, she knew she'd be expected to donate generously.
That was no problem. For about 10 years, Ledyard had been...
This Just In.(Oakwood Healthcare Inc. accquired United Auto Workers)(Hayes Lemmerz International Inc sold its division to Brembo North America Inc. )(Mackinac Partners L.L.C won the 2007 Turnaround of the Year Award)
November 12, 2007... Oakwood buys center in hopes of sharing with UM
Oakwood Healthcare Inc. has purchased the former United Auto Workers/Ford Family Service and Learning Center in Dearborn from the two organizations for $4.2 million.
The hospital is...
A step in transit; Troy could become regional center for buses, light rail.
November 12, 2007... Byline: Daniel Duggan
High hopes surround a plan for a $3 million transit center in Troy that is expected to spur walkable development and connect the sprawling suburb to Detroit and other communities.
Regional planners say the center,...