Meritor quarterly earnings, sales jump
TROY—Meritor Inc. (NYSE: MTOR) reported net income of $42 million or 58 cents a share in its third fiscal quarter, which ended June 30. That’s up from a loss of …
Troy EV maker gets supply deal with Chinese firm
TROY—Officials at the Troy-based electric vehicle maker Electric Last Mile Solutions Inc. (NASDAQ: ELMS) announced that the company has signed a binding, long-term supply agreement with Liuzhou Wuling Automobile Industry …
J.D. Power buys auto finance and insurance software developer
TROY–Officials at the Troy data analytics and consumer intelligence provider J.D. Power announced the company had acquired Edison, N.J.-based Superior Integrated Solutions Inc., a developer of finance and insurance software …
Automation Alley I4.0 Accelerator invests in workplace safety app
TROY—The Automation Alley Industry 4.0 Accelerator has made a $110,000 investment in Detroit-based Andonix, creators of the Safely Pass app to give organizations digital tools to monitor workplace safety and …
Troy EV company in partnership with telematics, data firm
TROY—Electric Last Mile Inc., a Troy-based commercial electric vehicle company focused on last-mile delivery systems, announced a partnership with Oakville, Ontario-based Geotab Inc. to develop a factory-installed connectivity system that …
Oakland U, Beaumont extend med school pact
ROCHESTER–Oakland University and William Beaumont Hospitals have extended their affiliation agreement through 2041. This clears the way for Oakland University William Beaumont School of Medicine medical students to continue training …
Troy company offers easy visitor log system for restaurants
TROY– Progressive Drug and Notification System Inc. has added a feature called Visitor Log Mode to its Test Alerts system that company officials say allows restaurants and other businesses required …
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 …
NAI names ‘director of operational excellence’
TROY—NAI, A designer and manufacturer of custom interconnect products for power and data, announced the appointment of Delice Javalera as director of operational excellence, a new position. In this role, …
Troy firm expands sanitizer production
TROY—Officials at Clenova announced an expansion to five production lines for hand sanitizers and hand soaps, boosting its capacity to 160 million uses per week. The production lines are located …