Stoneridge profit shrinks
NOVI—Stoneridge Inc. (NYSE: SRI) reported first quarter net income of $130,000 or less than a penny a share in the first quarter, down from $3.5 million or 13 cents a …
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 …
Shyft Group adds two new directors
NOVI—Officials at Shyft Group Inc. (Nasdaq: SHYF), formerly Spartan Motors, announced the addition of Terri Pizzuto and Mark Rourke to the company’s board of directors. Shyft is a manufacturer of …
ITC names new VP, deputy general counsel
NOVI—ITC Holdings Corp., the nation’s largest independent electricity transmission company in the United States, has named Jenny D’Anna as vice president and deputy general counsel, legal services. In this role, …
Growth hormone therapy shows promise in treating NFL players’ brain injuries
NOVI—The Center for Neurological Studies, a Novi-based brain injury research nonprofit, announced promising early results in treating former pro football players’ brain injuries with human growth hormone. CNS is currently …
ITC names retired general to board of directors
NOVI—ITC Holdings Corp. (ITC), the country’s largest independent owner of high-voltage power transmission lines, announced the appointment of Ronnie Hawkins Jr., a retired lieutenant general in the United States Air …
New LG medical displays from Novi firm
NOVI—Shareden Imaging Solutions LLC today announced the immediate availability of advanced medical displays from LG Electronics, which are each bundled with Qubyx PerfectLum Medical Display Calibration and QA Software Suite …
Spartan Motors changes name to Shyft Group
NOVI—Spartan Motors Inc., the specialty vehicle manufacturer, has announced a corporate name change to Shyft Group Inc. (Nasdaq: SHYF) following the divestiture of the company’s emergency response business. The new …
Industry 4.0 trade shows in GR, Novi postponed to July 2021
GRAND RAPIDS—A pair of trade shows highlighting advanced technology and products for manufacturers announced it will postpone its 2020 event until July 2021. The Advanced Manufacturing Expo (AME) shows in …
Spartan Motors profit rises
NOVI—Spartan Motors Inc. (Nasdaq: SPAR), the specialty vehicle manufacturer, reported net income of $7.9 million or 22 cents a share in the first quarter, up from $1.4 million or 4 …