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
ZEELAND—ODL Inc., the Zeeland-based doorglass manufacturer, announced the acquisition of Verre Select, a specialty glass company in Quebec, Canada, merging two of North America’s leading doorglass suppliers. “Today is a very exciting day for the Verre Select team, as we have taken the bold step to protect our future growth by partnering with ODL, the
ANN ARBOR - Sibrina Collins, Executive Director of the Marburger STEM Center at Lawrence Technological University, updates what the program she leads will be offering students this year. She also introduces STEM Ambassador Daniel Kagan, a duel major in Architecture and Civil Engineering. You can find out more at www.ltu.edu/Stem-Center https://youtu.be/94Geo0mSrCM
ANN ARBOR - On MITech TV Jan. 10 at 2 pm, Dan Keelan provides details new programs launched this month by Michigan Marijuana Report. Tamara Shoemaker updates the Cyber Patriot program including contest news and summer camps. Matt Roush provides a recap of LTU's top headlines for 2021. Sibrina Collins and Daniel Kagan explain Lawrence
FARMINGTON HILLS—Officials at GreenPath Financial Wellness, a national nonprofit that provides financial counseling and education, was awarded a $1 million grant from the United Services Automobile Association to help communities of color and low-income military families experiencing financial hardships reduce debt and improve credit scores and financial confidence through proven financial counseling and debt management programs.
SALINE—Officials at the Davco business unit of Southfield-based Clarience Technologies announced that the company would invest $3.5 million at its Saline complex to create an “Advanced Electronics Manufacturing Center,” extending its manufacturing capabilities into advanced electronics as the company plans to move into manufacturing components for electric commercial vehicles. Davco manufactures fuel heater/water separators and
DEARBORN—Officials at Ford Motor Co. announced plans to nearly double production of the F-150 Lightningpickup at the Rouge Electric Vehicle Center in Dearborn to 150,000 trucks per year to meet high demand. Beginning Thursday, the first group of reservation holders will be invited to place their orders for the F-150 Lightning. “With nearly 200,000 reservations,
BIRMINGHAM—OneStream Solutions, developers of corporate performance management software and services, announced that it had achieved more than $200 million in annual recurring revenue, representing 75 percent year over year growth, as of Dec. 31. Officials said the company increased its customer base by 38 percent in 2021, now totaling over 900 organizations globally. New customers
FLINT—The Kentucky-based healthcare business accelerator XLerateHealth announced new funding from the city of Flint via the Small Business Administration Community Navigator Pilot Program and The Community Foundation of Flint. The grants will support the development of a new pre-accelerator program to help prime local healthcare innovation in the Flint area. The Charles Stewart Mott Foundation, one
OAK PARK—Bollinger Motors, an all-electric truck company, announced a strategic collaboration with EAVX to develop electric work trucks that integrate EAVX’s commercial work-truck bodies and accessories with Bollinger’s electric vehicle platforms. The terms of the collaboration will allow Bollinger and EAVX to design fully integrated electric vehicles for a wide variety of commercial applications, as
