TROY- Automation Alley has elected three new board members for 2011: Donald H. Clayton, managing director of Clayton & McKervey; Mark Symonds, CEO and president of Plex Systems; and Peter H. Webster, member of Dickinson Wright. "The staff and I look forward to working with the new board as we continue to grow the innovation
ANN ARBOR ? Fusion Coolant Systems of Ypsilanti won the $5000 first prize in the Emerging Companies category of the fall 2010 Great Lakes Entrepreneurs Quest business plan competition Monday night at the Annual Collaboration for Entrepreneurship at Ann Arbor Skyline High School. Fusion Coolant is developing next-generation metalworking fluids for machining and metal forming.
WASHINGTON ? Women-owned small businesses can begin taking steps to participate in a new federal contracting program on Feb. 4 when the new Women-Owned Small Business Federal Contract Program begins. First contracts are expected to be awarded by the fourth quarter of fiscal year 2011. On Feb. 4, SBA will release instructions on how to
WARREN - The Michigan Business and Professional Association, along with its sister association the Michigan Food and Beverage Association, strongly urge legislators to support legislation that would eliminate the State's unnecessary Item Pricing Law. Both Associations large membership represent over 20,000 small businesses, employing over 160,000 individual employees, support House Bill 4158 sponsored by Representative
QUINNESEC - The Michigan Magnet Fund is making a $10 million investment in a $45 million Verso Paper Corp. Renewable Energy Project in its Quinnesec Plant in the Upper Peninsula. The investment will create at least 50 more jobs for small businesses that supply the biomass to the plant. The project will meet up to
LANSING ? Gov. Rick Snyder's mark of $25 million to fund "Pure Michigan" advertisements was well received during a House committee hearing Tuesday on legislation that would allocate more money from the 21st Century Jobs Fund to pay for the popular campaign. Last year, the Legislature appropriated $10 million from the jobs fund for the
ANN ARBOR ? Advanced Photonix said Monday it has won a $625,000 initial purchase commitment from an unnamed Chinese telecom systems provider to supply its 40-gigabit-per-second high-speed optical receiver, the BR-40D, for long haul data communications. All API would say is the provider is a key supplier to rapidly growing telecom markets such as China,
LANSING - The Small Business Association of Michigan has named Daniel Mahoney Vice President for Membership and Development. Mahoney will be responsible for SBAM's membership growth and political and corporate development. Previously, Mahoney held senior fundraising positions with former House Speaker Andy Dillon and the Michigan House Democratic Caucus. Dillion is now state Treasurer. "I'm
ANN ARBOR ? Borders Group will survive to fight another day. The company announced Thursday night that it has received a commitment from GE Capital for $675 million that will provide Borders with the financial flexibility and liquidity to reposition its business model and the Borders brand. "We are pleased that, after a thorough review
LANSING - Michigan's four former governors Thursday turned up the heat on the Legislature by jointly announcing their support of a new international trade crossing to connect Detroit to Windsor, Ontario. Governor Rick Snyder announced his support for plans to build a second bridge over the Detroit River in his State of the State address