Events/Announcements

Michigan Investment Climate Improving Private Equity Finance Experts Contend

KALAMAZOO ? The Michigan investment climate is improving, according to a panel of private equity finance professionals who spoke Tuesday during the MichBio Expo in Kalamazoo. With such recent successful sales to much larger company ? including Ann Arbor?s HandyLab and HealthMedia ? a signal has been sent to Wall Street that Michigan indeed has

By |2009-11-04T00:00:00-05:00November 4th, 2009|Archive, Events/Announcements|

Granholm To Hack 20 Percent From Department Budgets In 2010-2011

LANSING - All state departments will start the 2010-11 fiscal year with 20 percent less general fund money than they have for the current year under the budget proposals being developed by the administration of Gov. Jennifer Granholm. Granholm press secretary Liz Boyd confirmed Monday that the departments had been asked to figure on 20

By |2009-11-02T00:00:00-05:00November 2nd, 2009|Archive, Events/Announcements|

Public Service Commission Orders Consumers Energy To Refund $39.6 Million

LANSING - The Michigan Public Service Commission ordered Consumers Energy to refund some $39.6 million annualized for overcharging customers since May. The commission found Monday (case No. U-15645) that Consumers could only increase its rates $139.4 million annually, less than the $215 million it had requested and the $179 million the utility increased its rates

By |2009-11-02T00:00:00-05:00November 2nd, 2009|Archive, Events/Announcements|

Restraints On Embryonic Stem Cell R&D Violate Constitutional Amendment

LANSING - A package of bill imposing a variety of additional requirements on embryonic stem cell research in the state would violate the spirit of the constitutional amendment allowing such efforts and hurt those now underway in Michigan, the Senate Health Policy Committee was told by opponents on Wednesday. But the chair of the committee,

By |2009-10-29T00:00:00-04:00October 29th, 2009|Archive, Events/Announcements|

Survey: Majority Of Michigan Citizens Favor Relaxing Term Limits

EAST LANSING - Michigan citizens may be ready for election reforms that relax the state's tough term limits and create an independent commission to draw new voting districts, the latest results from Michigan State University's State of the State Survey showed. About 61 percent of Michigan residents favored lifting the 14-year lifetime limit on state

By |2009-10-29T00:00:00-04:00October 29th, 2009|Archive, Events/Announcements|

Ford To Let U-M Students Test “What’s Next” For In-Car Connectivity

DEARBORN - Ford Motor Company and the University of Michigan are working together to discover the next frontier of in-car-communications. The two have joined forces to launch a project that gives students access to a Ford developmental operating system so these students can test and program new applications in search of the "what's next" for

By |2009-10-29T00:00:00-04:00October 29th, 2009|Archive, Events/Announcements|

MSU Agricultural Experiment Station Will Be Spared Granholm Veto

LANSING - Michigan State University's Agricultural Experiment Station and Cooperative Extension Service will be spared a gubernatorial veto, sources have confirmed, as Governor Jennifer Granholm will complete her action on the state's remaining 2009-10 budget bills on Friday. But worries about other programs that may be vetoed were voiced Thursday as officials waited for Ms.

By |2009-10-29T00:00:00-04:00October 29th, 2009|Archive, Events/Announcements|

Dassault Buys PLM Group From IBM For $600 Million – Ends IBM CAD Era

AUBURN HILLS - Late Monday night, Dassault Systemes, which has an automotive office and its DELMIA brand headquarters in Auburn Hills, announced its intent to purchase IBM's PLM (Product Lifecycle Management) group for $600 Million. The deal brings 700 new employees to Dassualt and 1,000 named accounts including companies such as Ford and Chrysler. The

By |2009-10-27T00:00:00-04:00October 27th, 2009|Archive, Events/Announcements|