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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 …
GRAND HAVEN—GHSP, a manufacturer of vehicle shift systems, pumps, and electronic controls, announced the opening of a new 140,000-square-foot global headquarters and innovation campus in Holland. The move nearly doubles the …
AUBURN HILLS—Continental Structural Plastics, a provider of composites for the auto industry owned by Japan’s Teijin Group, announced an agreement to acquire the assets of AMI Stamping. The acquisition includes …
SOUTHFIELD—Lawrence Technological University has received a $40,000 grant from DENSO, the world’s second largest mobility supplier, for programs focused on science, technology, engineering, and mathematics (STEM). The grant, made possible …
LIVONIA—The Livonia product development company Roush has announced a $6 million investment in a new Roush Advanced Durability Lab, which will allow businesses to test the structural reliability of vehicles …
SOUTHFIELD—Lear Corp. (NYSE: LEA), the Southfield manufacturer of automotive seating and electronics, reported net income of $229 million or $3.73 a share in the first quarter of 2019, down from …
TROY — Horizon Global Corp. (NYSE: HZN), a manufacturer of towing and trailering equipment, reported a loss of $46.8 million or $1.86 a share in the fourth quarter, compared to …
AUBURN HILLS — Continental Automotive, the Auburn Hills-based U.S. subsidiary of the German auto supplier Contnental AG, announced that its Co-pace business incubator has produced its first spinout company, a …
AUBURN HILLS — Nexteer Automotive (HK.1316), the Chinese-owned, Auburn Hills-based auto supplier, reported a 7.9 percent increase in profit attributable to equity holders to $380 million for 2018. Revenue for …
LANSING – Three business expansions and three community revitalization projects that will generate up to $18.6 million in private investment and create 326 jobs have received Michigan Strategic Fund support, …