ANN ARBOR - Bank of Ann Arbor CEO Timothy Marshall has been approved by the Board of Governors of the Federal Reserve Bank to serve as Chair of the Federal Reserve Bank of Chicago's Community Depository Institution Advisory Council. Marshall was originally appointed to serve as one of the twelve council members representing the five
LANSING - Michigan voters back taking action to erect barriers in the Chicago canals to keep the Asian carp out of the Great Lakes, a poll taken by the Lansing firm of EPIC/MRA shows. The poll of 600 likely voters also showed that nearly three-quarters of those asked were very concerned about the invasive species
DETROIT - Strategic Staffing Solutions, the Detroit-based global information technology and business services company, reported earnings of $220 million in 2011, a $15 million gain from 2010, marking the 21st consecutive years of annual revenue growth. Profit figures were not announced. ?Many companies have their ups and downs financially, but for S3, ever year is
DETROIT - Charles G. "Chip" McClure Thursday was named to the DTE Energy board of directors. McClure, 58, is chairman, president and CEO of Meritor Inc. He joined the company in 2004. Prior to his current role, McClure served as president and CEO, and a member of the board of Federal-Mogul Corp. He joined the
OAK PARK - Azure Dynamics announced 45 new Ford Transit Connect Electric sales, including 20 units in Europe and 25 units in North America, which includes six initial units through the General Services Administration via Northside Ford in San Antonio, TX, a four unit order from Verizon and a four unit order from an internet
AUBURN HILLS ? Plex Systems continues to eye an initial public offering in 2012 as it reports a 30-percent revenue gain for fiscal 2011 in a year when many other Michigan companies struggled to break even. Plex CEO Mark Symonds, in an interview with MITechNews.Com Editor Mike Brennan, said, ?We?re watching the market and looking
DETROIT - The Southeast Michigan Purchasing Managers Index made a sharp rebound in January, alleviating concerns about a slowdown for the Michigan economy. The index, which measures activity such as production, new orders, inventories, and employment, rose to 65.9 in January after falling below 50 in December for the first time in more than a
ANN ARBOR ? BioPhotonic Solutions of East Lansing won the $5000 first place award in the Emerging Company category at the Great Lakes Entrepreneur's Quest business-plan competition Tuesday night at the ACE'12 entrepreneurship event at Skyline High School. BioPhotonic Soutions owns disruptive technology that unleashes the latent capabilities of an entire class of lasers ?
TROY ? Scott Goemmel of All Covered, a division of Konica Minolta Business Solutions, is the new president of Automaton Alley. Mark Symonds, CEO of Plex Systems, is the new vice president, the Southeast Michigan technology networking group announced Wednesday. Other members of the Automation Alley 2012 Board of Directors include: Please join us in
CLEVELAND - Midwest health care companies attracted $810 Million in new investments across 178 companies in 2011 according to the BioEnterprise Midwest Health Care Venture Investment Report. Sixteen Michigan companies received $30.8 million in investments, ranking the Wolverine state 7th out of 11 surveyed. The total dollars attracted is up by ten percent from 2010;