Writedown causes huge loss at Superior Industries
SOUTHFIELD—The aluminum wheel manufacturer Superior Industries International Inc. reported a loss of $190.1 million or $7.84 a share in the first quarter of 2020, compared to net income of $2 …
Manufacturing tech companies form new partnership
LIVONIA—Thirdware Solution Inc., a provider of business software and robotics implementation in the automotive, health care, and financial services industries, announced a partnership with Strategic iQ Solutions LLC, a Detroit-based …
TriMas profit slumps despite sales increase
BLOOMFIELD HILLS—TriMas Corp. (NASDAQ: TRS), the Bloomfield Hills diversified manufacturer, reported net income of $13.1 million or 30 cents a share in the first quarter of 2020, down from $19.1 …
Masco sales, profits rise in first quarter
LIVONIA—Masco Corp. (NYSE: MAS), the manufacturer of home improvement and building products, reported a 4 percent increase in revenue to $1.58 billion in the first quarter of 2020 compared to …
Auburn Hills firm supporting Ford, 3M respiratory gear manufacturing
AUBURN HILLS—The auto fluid systems supplier TI Fluid Systems has announced a collaboration with Ford Motor Co. and 3M to produce air flex tube assemblies for powered air-purifying respiratory systems …
Engineering firm offers free info for manufacturers — coronavirus-related and otherwise
ZEELAND–Disher, a Zeeland-based engineering, talent, and manufacturing technology services provider, announced it is offering free and fast answers to technical questions submitted from organizations in Michigan and Indiana through its …
Manufacturing institutes donate PPE to Detroit community clinic
DETROIT—Two Detroit-based national manufacturing innovation organizations, LIFT, a national manufacturing consortium to study the use of lightweight materials, and the Institute for Advanced Composites Manufacturing Innovation, have donated their supplies …
State offering grants to manufacturers to retool to make critical health supplies
LANSING—The Michigan Economic Development Corp.’s Pure Michigan Business Connect program is offering grants to manufacturers looking to retool and produce critical health and human service supplies. The program is providing …
Horizon cuts fourth-quarter loss on sales increase
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, …
Linkner to keynote Plex software user conference
TROY—Plex Systems Inc., the Troy-based developer of manufacturing management software, announced that Josh Linkner, a five-time tech entrepreneur, CEO, and New York Times bestselling author, will keynote PowerPlex 2020, the …