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Tag: Reese

Acquisitions / Manufacturing

First Brands Group completes acquisition of Horizon Global

PLYMOUTH–Officials of Rochester-based First Brands Group LLC and Plymouth-based Horizon Global Corp. announced that the two companies had completed their merger agreement dated Dec. 30, 2022. The announcement followed the …

Acquisitions / Auto Suppliers / Automotive Aftermarket

Horizon Global in $48.5M buyout from Rochester Hills’ First Brands

PLYMOUTH—Horizon Global Corp. (NYSE: HZN), the Plymouth-based manufacturer of towing and trailering equipment, has announced it will be purchased by Rochester Hills-based First Brands Group LLC for $1.75 a share. …

Automotive Aftermarket / Earnings / Manufacturing

Horizon discloses sales increase, bigger credit line

PLYMOUTH—Officials at Horizon Global Corp. (NYSE: HZN), the manufacturer of branded towing and trailering equipment, announced preliminary net sales results for the first quarter of 2021 and announced a $10 …

Agricultural Industry / Autonomous Vehicles / Economic Development / Infrastructure / Manufacturing

Business expansions, community revitalizations get state aid

LANSING — Support for two private business projects and more community revitalization programs won approval Tuesday from the Michigan Strategic Fund board. That business developments will generate total private investment …

Business Accelerators / Economic Development / Manufacturing

LTU grant, Joe Louis demolition among projects OK’d by Michigan Strategic Fund

LANSING — A $100,000 grant for a manufacturing business incubator at Lawrence Technological University and a $10 million loan to the city of Detroit for the demolition of Joe Louis …

4G LTE Wireless

AT&T upgrades wireless network across Michigan

DETROIT — AT&T Inc. announced an upgrade to its wireless network on 25 cell towers across a dozen Michigan counties. The improvements include adding greater capacity or bandwidth and speeds …

Wireless

AT&T Boosts Network Speeds In Clare, Grand Traverse, Saginaw Counties

DETROIT — AT&T Inc. announced an upgrade to bring faster speeds to five cell sites in Clare, Grand Traverse and Saginaw counties. The upgrades were made to four cell sites …

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