Business expansions get state aid
LANSING—Three projects expected to generate a total investment of $17.8 million and create 72 jobs in Michigan received support from the Michigan Strategic Fund, the Michigan Economic Development Corp. announced. …
Two business expansions, community project get state aid
LANSING—Projects expected to generate a total of $9 million in private investment and create 125 jobs in Michigan have received support from the Michigan Strategic Fund, the Michigan Economic Development …
New CEO at Testek/Avtron
WIXOM—Testek LLC and Avtron Aerospace, the Wixom-based aerospace test equipment manufacturer, announced that Bruce DeWitt has been named the companies’ new CEO, succeeding one of Testek’s founders. DeWitt joins Testek/Avtron …
Inventor Dean Kamen to keynote Plex software conference
TROY—Plex Systems, the Troy-based developer of manufacturing management software, announced that inventor and entrepreneur Dean Kamen, founder of FIRST Robotics and president of Deka Research & Development Corp., will keynote …
Seven Michigan companies head to South America hunting deals
LANSING—Business leaders from seven Michigan companies will travel to Brazil and Colombia Sunday to meet with prospective partners, distributors and customers to increase export opportunities in these markets. The trade …
Horizon Global sales dip, loss increases
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 …
Duct systems manufacturer gets $29M refinance
WARREN — Conquest Firespray, the Warren-based manufacturer of fire-rated architectural and engineered duct systems, today announced that it had completed a $29 million refinancing with Pacific Growth Investors of Torrance, …
Plex gets new ‘Chief Customer Officer’
TROY — Plex Systems Inc., the Troy-based manufacturing management software developer, announced it has named Todd Kisaberth as its Chief Customer Officer. Kisaberth will use his deep understanding of the …
Business expansions to create 326 jobs get state aid
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, …
MMTC adds three new board members
PLYMOUTH — The Michigan Manufacturing Technology Center announced the addition of three new members to its board of directors. They are: Patrick Curry, president and partner of Fullerton Tool Co. …