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AUBURN HILLS—Nexteer Automotive, the Chinese-owned, Auburn Hills-based auto supplier, reported income of $232.4 million in 2019, down 38.8 percent from 2018. Revenue was $3.58 billion, down 8.6 percent from 2018. …
PLYMOUTH—Horizon Global Corp., (NYSE: HZN), the Plymouth-based manufacturer of branded towing and trailering equipment, reported a loss of $32 million or $1.24 a share in the fourth quarter of 2019, …
LANSING—Warren-based Paslin Co. has received a $1 million Michigan Business Development Program performance-based grant to support a $45 million expansion of its Warren manufacturing plant that is expected to create …
TROY—The just-unveiled 2021 Cadillac Escalade features P-OLED technology from LG Electronics—an organic light emitting diode (OLED) on a plastic substrate. The achievement marks the first-ever use of a curved OLED display …
LIVONIA—The American Society of Employers (ASE), Michigan’s largest employer association, has released its “2020 Starting Salaries for Co-op Students and Recent College Graduates Survey.” The survey of 121 companies provides …
LANSING—Air Lift Co. announced the release of a redesigned WirelessAir, an on-board air compressor system, making the wireless control of all brands of air spring load support systems easier and …
SOUTHFIELD—Lear Corp. (NYSE: LEA), the automotive interiors technology developer, announced an undisclosed investment in Menlo Park, Calif.-based Autotech Ventures to support startups developing new mobility technologies. The investment is being …
PONTIAC—Tech248, Oakland County’s technology industry affinity group, has set its January meeting for Thursday, Jan. 16 at AGC Automotive, 34505 W. 12 Mile Road, Suite 300, in Farmington Hills. …
AUBURN HILLS–Dura Automotive Systems LLC, a designer and manufacturer of automotive products, announced that the U.S. Bankruptcy Court for the District of Delaware has granted funds managed by Bardin Hill …
TROY—Officials of Horizon Global Corp. (NYSE: HZN), the Troy-based manufacturer of branded towing and trailering equipment, announced that the company entered into an agreement to sell its Asia-Pacific business segment …