LANSING - A package of bills geared towards encouraging the growth of the alternatives fuel industry in Michigan won Senate approval Thursday. The bills - SB 1126 , SB 1128 , SB 1129 , SB 1130 and SB 1132 - essentially require the state to help the alternative fuels industry through helping executives locate sites
DETROIT - Franz Pischinger, Chairman of the Board, FEV Motorentechnik, and Helmut List, President and CEO of AVL, received the SAE International Leadership Citation Thursday night during the SAE 2008 World Congress in Detroit. The annual award recognizes individuals who are well-known internationally for continuous professional involvement and participation in SAE's meetings, conferences, congresses and
GRAND RAPIDS ? Data network provider US Signal has announced its newest product, Virtual Ethernet Services. US Signal Virtual Ethernet Service is a flexible way to connect customer sites over US Signal's Ethernet network. VES employs Virtual Private LAN Service technology utilizing Cisco network architecture to provide point to point and multipoint connectivity. US Signal
SOUTHFIELD ? The Indus Entrepreneurs (TiE-Detroit) are hosting an event Wednesday at the Weston Southfield that will examine the public and closely held auto suppliers poised for purchase in Michigan and Canada. Attorney Walawender who leads the global team at the law firm of Miller Canfield in Detroit and will also discuss the U.S. Economic
MINNEAPOLIS - Delta Airlines and Northwest are joining forces creating the world's biggest carrier. The boards of both companies gave the deal the go-ahead Monday afternoon. The airline will fly under the Delta name./p> Delta Airlines said the combined airline will have an enterprise value of $17.7 billion and will be based in Atlanta. The
LANSING - As the Michigan House Energy and Technology Committee prepares on Wednesday to take up its rewrite to electric choice, commonly referred to as PA 141, a package of bills granting Michigan Business Tax credits to Hemlock Semiconductor Corporation based on how much energy the company uses have been tie-barred to it. In order
LANSING - Legislation that would cap Michigan electric choice at 10 percent of the loads of the two largest utilities ? plus allow them to build the interest charges on a new power plant into the rate base if they can show need - could be introduced in the Senate by week's end. Rep. Frank
DETROIT ? Wall Street likes Compuware much better this week after the information-technology and business software company forecast a strong fiscal fourth quarter. Compuware forecast a larger profit and greater revenue than analysts had expected for the March quarter, and shares gained 80 cents, or 11.4 percent, to $7.79 in afternoon trading. The company expects
ROCHESTER HILLS - Trubiquity - formerly Autoweb - has acquired Trinary Systems, a supplier of electronic data interchange software in North America. Trubiquity makes business process automation and global data exchange software for the automotive, aerospace and consumer goods industries. Trubiquity and Trinary are privately held companies. Financial terms of the acquisition were not released.
ANN ARBOR - The Michigan Nanofabrication Facility and Solid State Electronics Laboratory, a 37,500 square foot addition and renovation, is now called the Robert H. Lurie Nanofabrication Facility. The building was dedicated Monday. The $40 million project was funded largely by donors, including a leadership gift from Ann Lurie, wife of the late Robert Lurie,