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GM CEO: "Goal is to Return Money To The Taxpayers"
“Two quarters (of profitability) do not a trend make, we have to post numbers consistantly.” — GM CEO Daniel Akerson. GM CEO Daniel Akerson entering media breakfast GM’s new CEO wants to pay the...
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UM's Sustainability Majors, Programs See Explosive Growth
Making green out of maize and blue, increasing numbers of students across the University of Michigan are pursuing majors and graduate programs that focus on sustainability. * Undergrad enrollment in...
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Strategic Staffing Solutions Celebrates 20 Years Of Service, Growth
Detroit-based Strategic Staffing Solutions, a global IT and business services firm, will mark 20 years of steady growth and innovation when it observes its 20th anniversary Oct. 1. Founder, president...
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Report: Whites Moving Back To Detroit
Newly released data shows a growing trend in Detroit — more whites are moving back into the city. Kurt Metzger of Data Driven Detroit says that, according to the latest figures, the number of whites...
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Economy Loses Speed In Spring; More Weakness Ahead
The nation’s economic growth tailed off sharply in the spring and probably isn’t faring any better now. Gross domestic product — the broadest measure of the economy’s health — expanded at a feeble 1.7...
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Altair Grows In Aerospace, Signs New Free Software Partner
Troy-based Altair Engineering Inc. Wednesday announced 30 percent year-over-year revenue growth in the global aerospace market. A number of European aerospace manufacturers and suppliers will discuss...
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Dow Corning Names President; Burns to Remain Chairman and CEO
Midland-based Dow Corning Corp. says its growth has caused the need to split off the positions of president and CEO. The company Wednesday named Robert D. Hansen as president, effective immediately....
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Advanced Photonix Loss Declines On 29 Percent Revenue Jump
Ann Arbor-based Advanced Photonix Inc. (NYSE Amex: API) said Monday that its revenue rose by 29 percent in its second fiscal quarter ended Oct. 1 as losses plunged. The manufacturer of optoelectronic...
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UM: Slow Recovery Will Pick Up Speed
While the nation’s economy will gain some momentum in the second half of next year, it will take until 2012 before unemployment finally begins to subside, say economists at the University of Michigan....
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Expectec Sees Strong Growth In Sales, Staff
Rochester Hills-based Expetec Technology Services said last week that it has grown at a 50 percent rate over the past year by expanding its business to include cloud computing, Web site design and...
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Strategic Staffing Solutions Hits $200 Million Revenue
Detroit-based Strategic Staffing Solutions, a global IT and business services firm, hit $205 million in sales in 2010, marking its 20th consecutive year of revenue growth. The company said much of...
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Michigan Economic Forecast Revised: Mostly Sunny
DETROIT (WWJ) – According to a respected University of Michigan economist, the worst may be over for the state’s economy. WWJ Newsradio 950′s Paul Snider reports that U-M Economist George Fulton’s...
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Exponential Growth Fuels CEC’s Move To A New Office
Clean Energy Coalition’s growth has led to its recent move to a nearly 6,000-square-foot space on the north side of Ann Arbor. Originally built in 1933, the office building has been sustainably...
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Vision Computer Solutions Doubles IT Client Base
The Northville IT services provider Vision Computer Solutions said Tuesday that it has doubled the number of clients it services since the 2010 introduction of its “fixed monthly fee” ForeSite managed...
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Interest in Cloud Hosting Boosts Online Tech’s Growth 39%
The Ann Arbor data center operator Online Tech Inc. has experienced 39 percent revenue growth in the first five months of 2011. In response, they have expanded their sales and support by hiring six new...
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Online Tech Bolsters Support Staff with New Certifications and Hires
Ann Arbor-based Online Tech Inc. said it had increased its data center operations staff by 33 percent and added new partner certifications to their operations team in the first half of 2011. Online...
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Red Cedar Technology Promotes Staff, Expects Rapid Growth
Red Cedar Technology’s recent growth has prompted the company to implement some changes to its organizational structure, as well as recognize the many contributions of key team members this year. The...
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Davenport University Assists Manufacturers With Scaling Up
As manufacturers across Michigan respond rapidly to increasing production requests after having drastically scaled back their facilities in recent years, demand from clients is placing undue stress...
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UM: Michigan Economy Will Continue To Add Jobs Slowly
ANN ARBOR — The Michigan economy appears poised to continue its recovery, although full economic health is still well in the distance, say University of Michigan economists. Michigan will see...
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Fast Switch Records Record Year of Growth in 2011
WIXOM — Although there are some who would say that survival is the greatest achievement in Michigan’s recent business climate, there are some companies who’ve actually been able to flourish. Marking...
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