BJ’s Wholesale Club, a membership-only warehouse club chain operating in the Eastern US, will be opening half a dozen new clubs this fiscal year to grow its footprint. The new clubs will be opened in Seabrook in New Hampshire, Port Charlotte in Florida, South Fayette and Ross Township in Pennsylva,nia, Commack in New York, and […]
Sundance, a lifestyle retailer of women’s and men’s apparel and accessories owned by Hollywood actor Robert Redford, has opened a new store in the Greater Detroit Area. Located in The Village of Rochester Hills, the new Sundance store spans an area of 4,120 square feet. It is the lifestyle retailer’s first location in Michigan. Matey […]
Safelite Group, a US-based vehicle glass services and recalibration company, has acquired the assets of Troy Auto Glass for an undisclosed price. Based in Troy, Michigan, Troy Auto Glass is an auto glass shop, which has been operating since 1962. Tom Feeney – president and CEO of Safelite Group said: “Welcoming associates from Troy Auto […]
New York Community Bancorp (NYCB) has signed an all-stock deal to acquire Michigan-based Flagstar Bancorp (FBC) for about $2.6 billion. Flagstar Bancorp is a $29.4 billion savings and loan holding firm that owns Flagstar Bank. The bank offers commercial, small business, and consumer banking services via 158 branches across Michigan, California, Indiana, Wisconsin, and Ohio. […]
Tata Consultancy Services (TCS) said that it has opened a neural automotive and industrial experience center in Troy, Michigan, for helping customers reimagine their businesses and speed up innovation. According to the Indian IT services provider, the new center features an automotive garage set-up which provides access to the latest technologies for customers and partners […]
Global insurance brokerage Hub International has acquired the assets of United Shortline Insurance Services (USIS) for an undisclosed price. United Shortline Insurance Services, which is based in Michigan, provides shortline and regional railroad insurance solutions. The company is focused exclusively on the insurance requirements of the shortline railroad industry for more than three decades. United […]
ChoiceOne Financial Services, the parent company of Michigan-based ChoiceOne Bank, has completed consolidation of its previously announced $20.88 million acquisition with Community Shores Bank. Following this, Community Shores Bank has now been renamed as ChoiceOne Bank. Kelly Potes – CEO of ChoiceOne said: “We are pleased to close our merger of ChoiceOne Bank and Community […]
Millendo Therapeutics has started a phase 1 clinical trial of its selective neurokinin 3 receptor (NK3R) antagonist MLE-301, which is being developed for the treatment of menopausal women with vasomotor symptoms (VMS). VMS is known commonly as hot flashes and night sweats in menopausal women. The Michigan-based biopharma company has dosed the first subject in […]
MiddleGround Capital, a US private equity firm, has acquired a majority stake in Michigan-based automotive supplier Dura Automotive Systems from Bardin Hill Investment Partners for an undisclosed price. Charlton Group will remain as a minority shareholder in Dura Automotive Systems which designs and manufactures engineered automotive systems. The automotive supplier is said to operate via […]
Hilco Real Estate has announced the sale of a former acute rehabilitation facility in Battle Creek, Michigan with 25 June 2020 set as the bid deadline for interested buyers. Constructed in 2005, the acute rehabilitation facility has 19 patient rooms, 12 private offices, and seven semi-private offices. The building has amenities that are said to […]