AUBURN HILLS - Alexander Sagel, 43, has been appointed head of KSPG's Hardparts division, which encompasses Small-Bore Pistons, Large-Bore Pistons, Bearings, and Castings. The division incorporates the global operations of this automotive supplier within the Rheinmetall Group in the markets for small- and large-bore pistons, as well as plain bearings, continuous castings, engine blocks, cylinder
LANSING -The U.S. Labor Department said it's giving Michigan $6.175 million under a national program to help laid-off workers train for jobs in high-demand industries. The department said today that it's making about $155 million in grants to 32 states and the Cherokee tribe to start or expand job-training programs for laid-off workers. Michigan is
LANSING ? Beverly Hills Cop, starring Eddie Murphy, is coming back to Detroit and the surrounding communities after getting approved for a film incentive from the state. The movie is slated for release in March 2016. ?We are excited to welcome Axel Foley and the Beverly Hills Cop franchise back to Michigan,? said Margaret O?Riley,
DETROIT - The University of Michigan Sustainable Mobility and Accessibility Research and Transformation initiative, announced it is seeking applications for the $5,000 MobiPrize for Michigan Entrepreneurs who, through their innovative new mobility technology, service, product, or infrastructure venture, are contributing to the Michigan region and economy. The application deadline is July 7. Honoring entrepreneurial ventures
MACKINAC ISLAND - Michigan Health Connect and Great Lakes Health Information Exchange have merged to form Great Lakes Health Connect, one of the nation?s largest providers of health information exchanges. The merger allows hospitals, physicians and other medical professionals to quickly and securely share the health records of more than 5 million people. Organization officials
DETROIT - The U.S. Department of Commerce is organizing a major international conference this September in Detroit focused on leveraging free trade agreements to grow export sales. Entitled DISCOVER GLOBAL MARKETS Leveraging Free Trade Agreements: Opportunities and Challenges, the event will take place September 9-10 at the Westin Book Cadillac in Detroit. Commercial diplomats from
EAST LANSING - Michigan State University's long-term bond rating was increased on Tuesday by Standard & Poor's as the university prepared a $250 million commercial paper offer. The offering comes just a few days after the university set its budget for the 2014-15 school year, which raised tuitions by a composite rate of 2.8 percent
LANSING - A traditional, defined benefit retirement plan will provide a more secure retirement to employees than a defined contribution plan, according a new study from Great Lakes Economic Consulting. The study was commissioned by the Michigan Coalition for Secure Retirement, and the results were announced at a press conference at the Capitol on Tuesday.
LANSING - All levels of education in Michigan will see increases for the coming school year under the budget signed Tuesday by Governor Rick Snyder. And one more class of students will see the Michigan Educational Assessment Program test under provisions of the budget. The budget (HB 5314 , PA 196) provides $50 per student
LANSING - The Michigan Economic Development Corporation Wednesday announced a groundbreaking crowdfunding and matching grant initiative to help drive private equity-funded projects in Michigan. The application process begins July 9. Public Spaces Community Places, a collaborative effort of MEDC, the Michigan Municipal League, and Michigan-based crowdfunding platform Patronicity, is the first program of its kind