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Category: Manufacturing

Acquisitions / Auto Suppliers / Manufacturing

Lear acquires injection molding firm

SOUTHFIELD—Lear Corp. (NYSE: LEA), the Southfield manufacturer of automotive seating and electronics systems, announced the acquisition of M&N Plastics, a privately owned, Sterling Heights-based injection molding specialist and manufacturer of …

Electric Vehicles / Manufacturing

Shyft Group to build EV work truck bodies

NOVI—DuraMag, a brand of the Shyft Group’s specialty vehicles business unit, will engineer, manufacture, and install vocational body upfits for Boston-based EV Transportation Services Inc. and its FireFly vehicles, making …

Economic Development / Manufacturing / Robotics

New robotics plant in Royal Oak Township

HENDERSON, Nev.—Artificial Intelligence Technology Solutions Inc. (OTC: AITX), a Nevada-based robotics manufacturer, announced that its subsidiary Robotic Assistance Devices has signeda 10-year lease on a new plant in Royal Oak …

Earnings / Manufacturing / Specialty Vehicles

Shyft Group swings back to profit despite lower sales

NOVI—The specialty vehicle manufacturer Shyft Group Inc. announced net income of $7.6 million or 21 cents a share in the fourth quarter ended Dec. 31, compared to a loss of …

Earnings / Manufacturing

TriMas reports lower profit on higher sales

BLOOMFIELD HILLS—The diversified manufacturer TriMas Corp. (NASDAQ: TRS) reported net income of $23.7 million in the fourth quarter ended Dec. 31, down from $38.4 million in the same quarter of …

Manufacturing / Transportation

Shyft gets work on new Isuzu medium-duty trucks

CHARLOTTE—The Builtmore Contract Manufacturing unit of Novi-based Shyft Group Inc. (NASDAQ: SHYF) has been selected to produce additional options in the F- and N-series lineups for Isuzu Commercial Truck, including …

Electric Vehicles / Manufacturing

Meritor to build drivetrains for electric trash trucks

TROY—Officials at the auto supplier Meritor, Inc. (NYSE: MTOR) announced a five-year agreement to supply electric powertrains to Autocar Truks LLC for refuse vehicles. The vehicles will use Meritor’s Blue …

Acquisitions / Manufacturing

Piston Group subsidiary makes acquisition

SOUTHFIELD—Irvin Products, a subsidiary of the Piston Group formed by Detroit businessman and NBA legend Vinnie Johnson, announced the acquisition of Chicago-based A. Lava & Son, a  cover supplier in …

Business Accelerators / Lawlrence Technological University / Manufacturing

LTU’s Centrepolis Accelerator salutes top hardware company clients

SOUTHFIELD—The Centrepolis Accelerator, the physical-product business accelerator established by Lawrence Technological University and the city of Southfield, has named the winners of its inaugural Client Awards, recognizing some of Michigan’s …

Manufacturing / Wearable Technology

Guardhat raises equity, names investor to board

DETROIT—Guardhat, the developers of protective industrial headwear with health monitoring equipment built in, announced that it had raised a Series B venture capital round. The amount of the funding was …

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