SOUTHFIELD—Tier 1 auto supplier Lear Corp. announced an undisclosed investment in Menlo Park, Calif.-based Autotech Ventures to support startups developing new mobility technologies. The investment is being made through Lear Innovation Ventures, which was launched a year ago, to identify advanced development teams and early stage technologies and provide direct capital to innovation initiatives. Autotech
FERNDALE - Tom Kelly, chief operating officer, talks about the Automation Alley Industry Report, that showed that the 10-counties of Southeast Michigan, as rated by 140 executives in Michigan and Silicon Valley in northern California, provide a better return on investment. A technology business is defined as a company in information technology, advanced manufacturing, digital
DETROIT - Automation Alley forecasts economic growth for Southeast Michigan technology companies in 2016 will outperform even Silicon Valley in many key areas, including revenue, research and development, investment and hiring. These findings and more were revealed Monday in Automation Alley’s 2016 Technology Industry Report at a breakfast briefing at the Detroit Institute of the
