Ghafari Promotes Barry and Pettit to Leaders of U.S. Architecture/Engineering Practice
DBusiness Magazine
by Tim Keenan
9h ago
Rebecca Barry // Photo courtesy of Ghafari AssociatesMatthew Pettit // Photo courtesy of Ghafari Associates Ghafari Associates in Dearborn has promoted Rebecca Barry and Matthew Pettit, who will jointly lead the global firm’s U.S. architecture and engineering practice. Barry was promoted to senior vice president and has assumed leadership of the firm’s largest architecture and interior design groups in Dearborn and Chicago as well as the specifications, civil engineering, and structural engineering teams across all of its domestic offices. Throughout her career of more that 20 years, she has d ..read more
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Kapnick Insurance Adds Jon Livingston to Employee Benefits Team
DBusiness Magazine
by Tim Keenan
9h ago
Jon Livingston // Photo courtesy of Kapnick Insurance Kapnick Insurance has hired Jon Livingston as a new client executive specializing in employee benefits. Livingston joins the team with extensive experience in HR and payroll software sales, where he assisted HR leaders of organizations ranging from 100 to 1,000 employees simplifying their day-to-day tasks. “Jon’s extensive expertise in HR technology and benefits management aligns seamlessly with our mission to provide client-centric solutions,” says Angela Dean, president of employee benefits at Kapnick. “His holistic approach ensures that ..read more
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Report: ‘Dramatic’ Increase in Pedestrian Related Vehicle Crashes in 2023
DBusiness Magazine
by Tim Keenan
16h ago
Traffic accidents in Michigan decreased 2 percent from 2022 to 2023, but the number of injuries increased 1 percent. // Stock photo Total traffic accidents in Michigan decreased 2 percent from 293,241 in 2022 to 287,953 in 2023, yet the number of injuries increased by 1 percent, according to a new report released by the Michigan State Police and analyzed by the Lee Steinberg Law Firm in Southfield. Most of the crashes occurred in the state’s most populous counties. Wayne County had 51,507 crashes with 16,481 injuries, Oakland County had 35,386 with 9,212 injuries, and Macomb County suffered 22 ..read more
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Detroit Riverfront Conservancy Files Lawsuit to Recover $40M in Stolen Funds
DBusiness Magazine
by R.J. King
16h ago
The Detroit Riverfront Conservancy named former CFO William Smith in a multimillion-dollar civil lawsuit filed in state court as it seeks to reclaim the $40 million Smith is accused of stealing. // Photo courtesy Detroit Riverfront Conservancy The Detroit Riverfront Conservancy today announced it is seeking to reclaim every possible portion of the $40 million stolen in an “elaborate scheme and cover-up,” naming former CFO William Smith in a multimillion-dollar civil lawsuit filed in state court as a result of a board-initiated internal investigation. The suit names Smith’s mother, wife, and ..read more
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Ohio Firm to Undertake Clean Energy Plant Conversion with Consumers Energy Affiliate
DBusiness Magazine
by Tim Keenan
16h ago
Babcock & Wilcox and NorthStar Clean Energy, an affiliate of Consumers Energy, are working to convert a coal plant in west Michigan to a biomass energy facility. // Photo courtesy of Tondu Corp. Babcock & Wilcox, an Akron, Ohio-based clean energy company, has been granted a limited notice to begin work on a Bioenergy with Carbon Capture and Storage (BECCS) conversion of a former coal-fired power plant in Filer City, north of Ludington on the shores of Lake Michigan. The company says it will convert the plant to use its biomass SolveBright post-combustion carbon dioxide capture technolo ..read more
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Grain Management Completes Majority Acquisition of 123Net in Southfield
DBusiness Magazine
by R.J. King
16h ago
Grain Management has completed its previously announced acquisition of a majority investment in 123Net in Southfield. // Photo courtesy of 123Net Grain Management, a solutions provider to the broadband and communications industry, today announced it has completed its previously announced acquisition of a majority investment in 123Net in Southfield, a commercial and residential fiber internet, data center interconnectivity and colocation, and business voice services provider. The partnership is a continuation of Grain Management’s industry-specialist approach to creating value through investm ..read more
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Powered by Women: Rachel Stewart, CEO, Gardner White Furniture Co., Warren
DBusiness Magazine
by Tim Keenan
16h ago
Rachel Stewart // Photo by Matthew LaVere One might think growing up in the family that has owned Gardner White Furniture for more than 100 years would predispose company CEO Rachel Steward to a career in the home furnishings business. Not exactly. After graduating from Andover High School in Bloomfield Township and the University of Michigan in Ann Arbor, she earned a Master of Science in economics from the London School of Economics and Political Science. Following graduation, she joined the U.S. Department of Energy in Washington, D.C., where she worked for Nobel Prize-winning physicist Ste ..read more
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GM’s Mary Barra Says 2024 Q1 and Q2 Financial Results ‘Truly a Great First Half’
DBusiness Magazine
by Tim Keenan
2d ago
The 2024 Cadillac LYRIQ is among the GM EVs that increased sales in the second quarter. // Photo courtesy of GM General Motors Co. in Detroit reported second-quarter revenue of $48 billion, net income attributable to stockholders of $2.9 billion, and an EBIT-adjusted of $4.4 billion, which was stronger than expected. “It was truly a great first half,” wrote Mary Barra, chair and CEO of GM, in a letter to shareholders. “And we have the products, discipline, and strategies to drive future success.” As a result of its Q2 performance, the automaker has adjusted its 2024 guidance from $12.5-$14.5 b ..read more
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The Exigent Group, Part of Huron Capital in Detroit, Acquires Two HVAC Firms
DBusiness Magazine
by Tim Keenan
2d ago
Huron Capital’s building mechanical and plumbing services platform The Exigent Group has acquired a company in Ohio and one in Maryland to expand its geographic footprint. // Stock photo The Exigent Group, the building mechanical and plumbing services platform of Detroit private equity firm Huron Capital, has acquired Smith-Boughan Mechanical in Ohio and Maryland’s Electrical Automation Systems (EASI) in separate transactions. Terms of the deals were not disclosed. Smith-Boughan in Lima, Ohio was founded in 1927 and services northwest and west central Ohio. The company provides a full suite of ..read more
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Insurance Brokerage Firm Tropolis in Ann Arbor Acquires Three Area Agencies
DBusiness Magazine
by R.J. King
2d ago
Ann Arbor-based insurance brokerage firm Tropolis has acquired three insurance agencies in southeastern Michigan. // Stock photo Tropolis, an Ann Arbor-based insurance brokerage that provides property and casualty, along with employee benefits solutions, today announced it has completed the acquisition of three insurance agencies in southeastern Michigan with Unity Partners, a private equity firm in Dallas. Terms of the deal were not disclosed. The three businesses — 360 Risk Management in Northville Township, a commercial property and casualty insurance agency with a focus on providing in ..read more
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