In a devastating incident near Detroit, nine individuals, including two children, were shot and wounded at the Brooklands Plaza Splash Pad in Rochester Hills, Michigan. The attack, which took place around 5 PM local time, is being described by authorities as random, with no apparent motive identified yet. The shooter, a man who drove to […]
Sila Services, LLC, a prominent home services platform, has officially acquired Carter’s Plumbing, a leading plumbing services provider in Southeast Michigan. This strategic acquisition is part of Sila Services’ broader initiative to expand its footprint in the Midwest and enhance its portfolio of residential and commercial services. Carter’s Plumbing, established in 2013, is renowned for […]
White Cap, a prominent distributor of specialty construction supplies and safety products, has strategically enhanced its portfolio by acquiring National Ladder & Scaffold Co., a Michigan-based distributor renowned for its comprehensive range of safety products, equipment, and workwear tailored for various construction sectors. This acquisition marks a significant expansion of White Cap’s service capabilities and […]
Grain Management, LLC, a leading investment firm specializing in digital infrastructure, has announced its acquisition of a majority interest in Michigan-based 123NET, a top provider of fiber internet, colocation, and business voice services. This strategic acquisition positions Grain Management to enhance its portfolio in the broadband and communications sector, leveraging 123NET’s extensive network and services. […]
Chagrin Falls, Ohio-based private equity firm, Foundation Investment Partners (FIP), has recently announced the sale of its investment in Miljoco Corporation to DwyerOmega, a portfolio company of Arcline Investment Management. The terms of this significant transaction have not been disclosed. Miljoco Corporation: A Legacy in Instrumentation Miljoco, a leader in the design, manufacturing, and distribution […]
General Motors (GM), a leading automotive manufacturer, has announced layoffs affecting 1,314 employees at two of its Michigan plants, connected to significant changes in vehicle production. This development follows GM’s restructuring plans that involve a shift towards electric vehicle production. GM’s Worker Adjustment and Retraining Notification (WARN) notice, filed on Thursday, revealed that 945 jobs […]
Fortescue Metals Group Ltd has declared its expansion into global manufacturing with a significant US$35 million investment to establish an Advanced Manufacturing Center in Michigan, USA. This strategic move is set to bolster the company’s manufacturing capabilities, particularly in producing automotive and heavy industry batteries, hydrogen generators, fast chargers, and electrolysers. Job Creation and Green […]
Arthur J. Gallagher & Co. unveiled its acquisition of the assets of Meadowbrook Insurance Agency, a prominent retail insurance broker headquartered in Southfield, Michigan. While the financial intricacies of this transaction remain undisclosed, the deal signifies a strengthening of Gallagher’s foothold in the Michigan and Florida insurance markets. Acquisition Highlights: Inclusion of Affiliated Entities Further […]
In a scene straight out of a Hollywood blockbuster, thousands, including children, witnessed the terrifying moment when a retired Russian MiG-23 fighter jet crashed during the Thunder over Michigan Air Show near Ypsilanti’s Willow Run Airport around 4 p.m. on Sunday. Plane, Fire, and Narrow Escapes! Eyewitness videos captured the aircraft’s chilling descent. Moments before […]
In a shocking outbreak of violence, a Michigan shopping center became the site of a late-night shooting that left at least five people injured, two critically. Lansing Police Department reported the horrifying incident, which took place outside the Logan Square Shopping Center around 1 am, according to ABC News. Responding to the chaos, the police […]