Detroit-based Rocket Cos. reported adjusted revenue of $1.2 billion, exceeding year-over-year growth accelerated for the third quarter in a row. // Photo courtesy of Rocket Rocket Cos., a Detroit-based fintech platform company including mortgage, real estate, and personal finance businesses, has announced total net revenue of $1.4 billion and adjusted revenue of $1.2 billion, exceeding year-over-year growth for the third quarter in a row. “Rocket entered 2024 with strong momentum,” says Varun Krishna, CEO of Rocket Cos. “I’m incredibly proud of our team’s performance in Q1, as we accelerated t ..read more

The Tuscadero exterior paint color is now available for the first time on the Jeep Gladiator pickup. // Photo courtesy of Jeep The Jeep brand of Stellantis in Auburn Hills is, for the first time, offering Tuscadero — the deep and intense chromatic magenta exterior paint color — on the Jeep Gladiator pickup. “Our passionate Jeep fans asked for this limited-run color on Gladiator,” says Bill Peffer, senior vice president and head of Jeep brand in North America. “We heard them. Now, Gladiator is both the only pickup to deliver open air freedom and the only pickup available in Tuscadero.” Approxim ..read more

Plymouth Township-based Verità is now part of Constructel Visabeira. // Stock photo Plymouth Township-based Verità Telecommunications Corp. has been acquired by Constructel Visabeira, the Portugal-based provider of telecom and energy engineering services backed by Goldman Sachs Alternatives. Details of the transaction were not released. Verità is a wireline and wireless services company with more than $100 million in revenue. The deal is expected to be completed in the fourth quarter of the year. Verità is Constructel’s 10th acquisition since 2021 in its core markets of France, U.K., Belgium ..read more

Small business owners are showing signs of confidence while facing concerns about inflation, revenue, payments from customers, and overhead costs. // Stock photo Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies. To share a business or nonprofit story, please send us a message. Survey: Small Business Owners Show Signs of Confidence Along with Concerns KeyBank’s 2024 Small Business Survey found that 65 percent of small business owners feel confident they could fund their operating expenses for one month with their cash re ..read more

CNS Healthcare (CNS) in Novi is a 501 (c)(3) nonprofit, certified community behavioral health care provider with eight clinics and two clubhouses in southeast Michigan. It provides comprehensive integrated health services in partnership with several community organizations, and uses a patient-centered approach to identify, support, and promote the overall health of children, adolescents, adults, and older adults. CNS services include psychiatry, therapy, assessment, case management, substance use disorder, and recovery services. Services are delivered in a comprehensive, trauma-informed manner ..read more

Natron’s Holland facility began production of the company’s sodium-ion batteries this week. // Photo courtesy of Natron California-based Natron Energy Inc., a global developer of sodium-ion battery technology, began commercial-scale operations on April 29 at its manufacturing facility in Holland, west of Grand Rapids. This is the first commercial-scale production of sodium-ion batteries in the U.S., according to Natron. The batteries were engineered to offer higher power density, higher cycles, a domestic U.S. supply chain, and unique safety characteristics over other battery technologies, and ..read more

Kathy Munoz, a Ford dealer training and productivity manager and coach, with Peter Battle, general manager at Pat Milliken Ford in Redford Township. // Photo courtesy of Ford Ford Motor Co. in Dearborn has started Ford University, a new digital and video-based training program for its 3,000 dealers and their 164,000 employees nationwide. Ford University is the automaker’s response to the changing automotive landscape with the adoption of electrification and software defined vehicles. The program is designed to make dealers product specialists for customers. “Customers want the shopping experie ..read more

Michigan small business owners are still facing a talent shortage, fighting inflation, and worrying about expansions in the unemployment insurance system. // Stock photo Michigan small business owners are still facing a talent shortage, along with continually fighting inflation and worrying about costly expansions in the unemployment insurance system, based on the spring 2024 member survey by the Small Business Association of Michigan. Ninety percent of SBAM members surveyed in April said they are experiencing higher cost increases, as compared with previous years. “SBAM’s membership has enjoy ..read more

MSU graduate Sam Klemet was named co-executive director of DADA and the Detroit Auto Show. // Photo courtesy of DADA The Detroit Auto Dealers Association (DADA) today announced the addition of Michigan native Sam Klemet as co-executive director of the organization and the Detroit Auto Show. DADA represents nearly 300 domestic and import new car and truck dealerships in southeast Michigan and oversees the annual Detroit Auto Show, which has had an economic impact of $8 billion over the last 25-plus years. A career broadcaster and association management professional, Klemet will work alongside R ..read more

GM’s 2023 Sustainability Report details its move to EVs like the Chevrolet Blazer EV, the Chevrolet Equinox EV, and the Chevrolet Silverado EV RST. // Photo courtesy of GM General Motors Co. in Detroit has released its 2023 Sustainability Report, showcasing the company’s commitment to building a zero-emissions future and working toward its carbon-neutral goal. The report detailed GM’s initiatives to accelerate electric vehicle adoption, forge strategic partnerships to enhance supply chain sustainability, and support the development of a future-ready grid powered by renewable energy. The report ..read more