LANSING – General Motors announced Tuesday it will spend $7 billion on four factories, including some $2.6 billion in the Lansing area to build electric vehicle batteries. Another $4 billion will be invested to convert its existing factory in Orion Township to make electric pickups. GM also plans to spend about $500 million to upgrade
ANN ARBOR - Dan Irvin explains how his company, 123NET, has partnered with the Detroit Community Technology Project and Grace in Action Collectives to bring high-speed, low-cost internet to an underserved Detroit neighborhood as part of the Equitable Internet Initiative in an undertaking known as Project OVERCOME. The one-year project aims to create long-term sustainable
ANN ARBOR - Gabe Rodriguez from Business Leaders for Michigan provided details on its updated benchmarking report comparing Michigan’s performance against the Top 10 states. While Michigan has made significant gains since the Great Recession, moving from 49th to 29th, the metrics show that Michigan is struggling to grow faster than other states. You can
ANN ARBOR - Terry Willis, founder of TerryWorldWide.Com, started his Detroit-based business in 2010 and works closely with Home Depot to supply various construction materials. Terry Willis, CEO TerryWorldWide Now the entrepreneur is taking a close look at adding a cannabis line of business in Detroit to his portfolio. To find out why
ANN ARBOR - On MITech TV Jan. 24 at 2 pm, Dan Irvin, 123Net CEO, explains Project Overcome to bridge the digital divide. David Weaver from CitySide Venture announces its Angel Fund has made three investments already. Christina Benton from Anderson Economic Group provides details on report that looks at cost of new and used
STERLING HEIGHTS—StradVision, a South Korean vision processing technology company for autonomous vehicles and driver-assistance systems, announced it has established a North American headquarters in Sterling Heights in order to develop new market opportunities in the United States. In making the announcement, StradVision CEO Junhwan Kim announced COO Sunny Lee is relocating to Michigan from South
ROCHESTER HILLS—Fanuc America, a supplier of robotics and factory automation, introduced the new M-1000iA robot capable of handling very heavy products including automotive components, construction materials and battery packs for electric vehicles. The M-1000iA’s serial-link construction gives the robot a wider range of motion in every direction. It can extend its arm upright or rotate it backwards,
EAST LANSING - Anderson Economic Group has released the results of their recent analysis comparing new and used vehicle price increases to wage growth in the US private sector. AEG's experts analyzed US Bureau of Labor Statistics data related to the Consumer Price Index (CPI) to compare the cost of new and used vehicles relative
GRAND RAPIDS - Augusto reports it is the first West Michigan-based software company to join InterOp.Community, a new nation-wide alliance offering open source sandboxes to advance healthcare Interoperability. A sandbox is a virtual environment that accelerates developers’ ability to create and test software applications for the healthcare industry. Augusto’s participation will produce faster-to-market applications that
DETROIT - The year 2021 was record-breaking in terms of the sheer size of data breaches. According to the data collected and analyzed by the Atlas VPN team, 5.9 billion accounts were affected by data breaches throughout 2021. Atlas VPN has retrieved and calculated the numbers of breached accounts based on multiple publicly available sources.
