WASHINGTON DC - The U.S. Department of Energy has issued an Interim Final Rule implementing the Advanced Technology Vehicles Manufacturing Incentive Program, which will provide up to $25 billion in direct loans for manufacturers of vehicles that double today's fuel economy standards. The program is authorized by section 136 of the Energy Independence and Security
DETROIT - There's a big bailout fight brewing in Washington D.C. over aid to the automotive industry. President Bush told Democratic leaders he'd be interested in some horse trading. The New York Times reports he�??ll provide aid to the auto industry, providing Democrats approve a free trade deal with Colombia. The Democrats are saying, "No
GRAND RAPIDS - Internet advertising network Adtegrity.Com reported Tuesday that it reversed a year earlier third quarter loss, and increase quarterly revenues despite a softening economy. Adtegrity.com (Pink Sheets: ADTY) reported unaudited results included net income of $87,000 for the third quarter on net revenues of $3.48 million, compared with a net loss of $986
GRAND RAPIDS - TransCorp Inc, which develops novel surgical instruments and implants, received funding from a group of Michigan investors. But no one is saying how much TransCorp got. TransCorp's new home is the West Michigan Science & Technology offices at Grand Valley State University's Cook-DeVos Center for Health Sciences. Leading the funding was EDF
LANSING - The 18 Michigan Technical Education Centers operated by most of the state's community colleges have been effective in identifying and delivering occupational training for high-skilled, high-demand jobs, but the schools could do a better job using those programs and the state could improve its monitoring of those centers, an audit released Friday concludes.
LANSING - The survival of the Michigan-based domestic auto industry, hammered again with $2.6 billion in quarterly losses, is getting top attention by President-elect Barack Obama, who on Friday called the industry the "backbone" of American manufacturing. Michigan Governor Jennifer Granholm, who was part of a meeting in Chicago with Obama on the economy, said
ANN ARBOR ? Michigan's biotech trade association, MichBio, will present two sessions at its upcoming Expo specifically aimed at manufacturers that are looking to diversify into the medical device market. The MichBio Expo will be held Nov. 18-19 at the Rock Financial ShowPlace in Novi. Both manufacturing sessions are scheduled for November 19 and include
FLINT - Kettering will collaborate with Linkping University in Sweden to develop a Chemical Engineering degree that will give students the opportunity to develop bio-methane as a fuel through the Swedish Biogas project. The Swedish Biogas project will produce alternative energy from waste removed from the city of Flint�??s wastewater treatment plant. Flint has been
DETROIT - Marketing agency George P. Johnson has acquired online marketer Juxt Interactive and mobile marketing platform MobilePromote. Terms of both deals were not disclosed. MobilePromote enables marketers to integrate SMS and MMS into branded online portals. Juxt Interactive, which has done work for Coca-Cola, Adobe, BMW and Toyota, has helped advertisers create online campaigns
LANSING - In an effort to help state businesses that may be having difficulty getting loans, Governor Jennifer Granholm said Thursday the state would provide up to $150 million of state cash to banks and credit unions to make available for business loans. Details of the program are still being worked out, but Granholm said