ANN ARBOR, Mich., Aug. 5, 2020 /PRNewswire/ -- Even though the 2021 Toyota Sienna has yet to go on sale, the innovative engineering work for the new minivan conducted at Toyota Motor North America's Research & Development Center in Michigan is already garnering awards.
GROSSE POINTE FARMS, Mich., Aug. 5, 2020 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq - SGA) reported today that second quarter revenue and related net income (loss) was materially impacted by disruptions to businesses and service providers activities from closures and restrictive measures imposed by governmental authorities attributable to COVID-19 in the markets in which the Company operates, and the nation as a whole. The inability for businesses and service providers to operate normally negatively impacted all broadcast and other media advertising. Initial industry estimates for radio broadcast revenue predicted a decrease in gross revenue of more than 50% for the month of April. This held true for the Company as well. The Company, however, did show monthly revenue improvements for each subsequent month, as the Company concentrated on new revenue strategies and enhanced engagement with its existing and new advertisers. This trend has continued through Q2 and further revenue improvement has been noted in the beginning of Q3. From the Company's low point in April when its gross revenue was down 55% compared to the prior period, its revenue has continued to build. The Company's July revenue was down 29% over the prior period. These amounts represent gross cash revenue. Trade and barter revenue are not included in these gross revenue numbers, because it only represents approximately 2% of the Company's revenue each month. From the start of Q2 to the end of the first month of Q3 there was a reduction in the decline in revenue by approximately 50%.
MACOMB COUNTY, Mich., Aug. 5, 2020 /PRNewswire/ -- New to the USA is a disinfection system to help mitigate the spread of germs from Viral Defense, a brand of products from Integrated Operations LLC. These full disinfection systems provide a fine mist of an anti-viral/anti-bacterial solution to destroy or inactivate germs on people, their belongings and surfaces. Depending on the application, the protective coating from the mist provides germ-fighting benefits in approximately 15 seconds and provides protection for up to 24-hours.
DETROIT, Aug. 5, 2020 /PRNewswire/ -- Comerica Bank and Hatch Detroit are expanding upon their longtime partnership by announcing the Hatch Detroit Small Business Alumni Relief Fund to support alumni businesses of the Comerica Hatch Detroit Contest that have been financially affected by COVID-19. The $100,000 relief fund provides utility assistance for more than 40 Comerica Hatch Detroit Contest alumni businesses that have opened since the inaugural contest in 2011.
ANN ARBOR, Mich., Aug. 5, 2020 /PRNewswire/ -- Domino's Pizza Inc. (NYSE: DPZ), the largest pizza company in the world based on global retail sales, is continuing its global growth momentum with the opening of the brand's first store in Croatia by a master franchisee. Residents of Zagreb can now enjoy hot, made-to-order Domino's pizza in-store or delivered to their doorstep by master franchisee All About Pizza D.O.O.
AUBURN HILLS, Mich., Aug. 5, 2020 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported second quarter results.
AUBURN HILLS, Mich., Aug. 5, 2020 /PRNewswire/ -- BorgWarner announced today it is building a power-packed Integrated Drive Module (iDM) for Ford's new all-electric Mustang Mach-E SUV. The iDM comes complete with a BorgWarner thermal-management system and gearbox integrated with a motor and power electronics from other suppliers, and showcases the company's system integration expertise.
(The Center Square) – Three Court of Appeals judges heard arguments over Zoom on whether Gov. Gretchen Whitmer has acted within her authority to issue over 155 Executive Orders in response to the COVID-19 pandemic that has restricted the daily lives of almost 10 million Michiganders.
(The Center Square) – Governors of six states have agreed to work with the Rockefeller Foundation to purchase three million “rapid point-of-care” tests for COVID-19, officials announced Tuesday.
BLOOMFIELD HILLS, Mich., Aug. 4, 2020 /PRNewswire/ -- Penske Automotive Group, Inc., (NYSE: PAG) a diversified international transportation services company, today announced the pricing of $550 million aggregate principal amount of fixed rate Senior Subordinated Notes due 2025 (the "2025 Notes") at 3.5%. The sale of the 2025 Notes, which is subject to customary closing conditions, is expected to be completed on August 20, 2020.
ANN ARBOR, Mich., Aug. 4, 2020 /PRNewswire/ -- Michigan Business Connection (MBC) is excited to announce that they are now managing credit union MBL portfolios exceeding $1 Billion dollars. MBC is the first single State focused MBL CUSO to achieve this milestone.
The governor wants more enforcement of the state's rules about face masks and reduced capacity, and the punishment could be restrictions of loss of licenses for businesses.
LONG BEACH, Calif., Aug. 4, 2020 /PRNewswire/ -- DENSO Products and Services Americas, Inc., an affiliate of leading global automotive supplier DENSO Corp., welcomes teams and fans back to the track Labor Day weekend for the DENSO Spark Plugs U.S. Nationals in Indianapolis. The grande dame of NHRA races will be held Sept. 3-6 at Lucas Oil Raceway in Brownsburg, Indiana.
(The Center Square) – President Trump approved Gov. Gretchen Whitmer’s request to extend the use of the Michigan National Guard through 2020 to assist with issues associated with the COVID-19 pandemic.
CLINTON TOWNSHIP, Mich., Aug. 4, 2020 /PRNewswire/ -- Godlan, a specialist in manufacturing ERP software (Infor CloudSuite(TM) Industrial - SyteLine), CPQ (Configure Price Quote), industrial automation (IIoT), and an Infor Gold Channel Partner, announced today that they have achieved ranking() on "The VAR 100," Accounting Today's annual ranking of the top resellers, technology consultants and implementers in the accounting software space. The popular industry trade magazine Accounting Today recognized the top 100 Value Added Resellers (VARs) in their VAR 100 list for performance in ERP (Enterprise Resource Planning software) and Accounting Software. Accounting Today looks at current revenue, annual revenue growth, staff levels, locations and other factors in researching for the report.
ANN ARBOR, Mich., Aug. 4, 2020 /PRNewswire/ -- Kumanu, a next-generation wellbeing technology company, announced today that it has closed an A round of investment from ProMedica. The investment comes on the heels of a year in which Kumanu introduced its new brand, re-launched its AI-driven purpose activation platform, released its flagship application Purposeful by Kumanu(TM), grew revenues by over 500 percent, demonstrated impacts on purpose, resilience, and health care costs, and forged partnerships with leading technology companies, health care systems, universities, and Medicare plans.
GRAND RAPIDS, Mich., Aug. 4, 2020 /PRNewswire/ -- Ariox announces the release of Lumino version 2.1, a user-managed, one-stop scalable integration solution. This innovative business tool includes dynamic data rules, integration prioritization, business intelligent (BI) analytics, and smart alert engine--for agile communication between any enterprise applications.
TROY, Mich., Aug. 4, 2020 /PRNewswire/ -- ICONMA has been named to the Staffing Industry (SIA) Analyst Diversity Staffing Firms List for 2020. The list highlights staffing firms across the country that identify as woman- or minority-owned, and includes 147 companies this year.
NOVI, Mich., Aug. 4, 2020 /PRNewswire/ -- Utilimaster, a go-to-market brand of The Shyft Group's Fleet Vehicles & Services business unit (NASDAQ: SHYF) ("Shyft" or the "Company"), North America's leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, is hosting its third drive-thru job fair of the summer on August 5 from 10 a.m. to 6 p.m. at 603 Earthway Blvd., in Bristol, Indiana, in response to COVID-19 health concerns. Utilimaster is seeking to fill additional positions on its Bristol campus to meet increasing product demand from customers. In an extended effort to follow social distancing protocols, and for the comfort of applicants, interviews will be offered in both car-side and open-air sit-down formats, where masks will be required.
BLOOMFIELD HILLS, Mich., Aug. 4, 2020 /PRNewswire/ -- Penske Automotive Group, Inc., (NYSE:PAG) a diversified international transportation services company, today announced that it intends to offer $550 million aggregate principal amount of fixed rate Senior Subordinated Notes due 2025 (the "2025 Notes"), subject to market and other customary closing conditions, pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission ("SEC").
It was slow going when the polls opened at 7 a.m. but voting at precincts in northern Macomb County have been picking up. Among the names being heard frequently during the exit polling at a few precincts in Chesterfield Township is Shane Hernandez, the Port Huron Republican looking to succeed Paul Mitchell in Congress.
TRAVERSE CITY, Mich., Aug. 4, 2020 /PRNewswire/ -- Hagerty has joined forces with Collectors' Car Garage (CCG) to create Hagerty Garage + Social, a planned national network of home bases for local car enthusiasts, offering premier storage, concierge services and specialized events and experiences.
PLYMOUTH, Mich., Aug. 4, 2020 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, will present at the J.P. Morgan 2020 Auto Conference on Tuesday, Aug. 11, 2020. Adient's president and chief executive officer, Doug Del Grosso, and executive vice president and chief financial officer, Jeff Stafeil, will be participating in a fireside chat at 11:00 a.m., Eastern time. A live webcast of the fireside chat will be available on the investor section of the Adient website (https://investors.adient.com/).
GRAND RAPIDS, Mich., Aug. 4, 2020 /PRNewswire/ -- Red Oak Capital Group ("Red Oak"), an investment manager and provider of debt capital solutions for commercial real estate projects, today announced Gary Bechtel has joined the firm as Chief Executive Officer. Bechtel previously served as President of Money360, where he was responsible for developing and executing its expansion strategy. Prior to joining Money360, Bechtel was Chief Lending/Originations Officer for CU Business Partners, LLC, the nation's largest credit union service organization. Bechtel has originated, underwritten, structured, placed, and closed over $10 billion in commercial debt transactions during his career.
DETROIT, Aug. 4, 2020 /PRNewswire/ -- Signal Advisors today announced the debut of their tech-enabled Independent Marketing Organization, or IMO. IMOs distribute annuities and life insurance through a large network of independent financial advisors.
COOPERSVILLE, Mich., Aug. 4, 2020 /PRNewswire/ -- Just recently SelfLube, the leading U.S. manufacturer of precision mold and die components for tooling and special machinery, reached a significant milestone: its seventh employee to reach twenty years of service with the Company. Twenty years ago the Company had fewer than 14 employees, which means that 50% of the employees who worked for SelfLube twenty years ago are with the Company today - remarkably low employee turnover.
DETROIT, Aug. 4, 2020 /PRNewswire/ -- Autobooks, a small business payment and accounting services platform, today announced they reached the milestone of partnering with 61 financial institutions across the nation. Autobooks upgrades small business banking for financial institutions of all sizes by transforming existing digital banking channels into an Ecommerce platform for small businesses. To support financial institutions in the product launch, Autobooks powers a full suite of go-to-market services to ensure an effective and efficient deployment.
SOUTHFIELD, Mich., Aug. 4, 2020 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the second quarter 2020.
(The Center Square) – A massive appropriations bill the U.S. House passed includes billions in federal spending proponents say will benefit Ohio and the Great Lakes region.
(The Center Square) – Michigan Department of Health and Human Services (MDHHS) Director Robert Gordon Monday released Monday an Emergency Order requiring COVID-19 testing at agricultural and food processing workplaces.
NOVI, Mich., Aug. 3, 2020 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Jon DeGaynor, chief executive officer, and Bob Krakowiak, chief financial officer, will participate in the J.P. Morgan 2020 Auto Conference with a presentation at 4:20 p.m. ET on Tuesday, August 11. Details on how to join the presentation via webcast will be posted to the "Investors/Webcasts & Presentations" section of the Company's website (www.stoneridge.com) prior to the presentation.
Macomb County Rotating Emergency Shelter Team is not only getting a $50,000 grant from Co.act Detroit to support its efforts now but also help for the future.
LANSING, Mich., Aug. 3, 2020 /PRNewswire/ -- Today, Jay Rosen, founder and president of Health Management Associates (HMA), and Arthur Kapoor, president and CEO of HealthEC, announced the two firms have engaged in an effort designed to accelerate improvements in healthcare service delivery and outcomes.
SOUTHFIELD, Mich., Aug. 3, 2020 /PRNewswire/ -- Garage Gurus(®), an industry-leading training and support platform from DRiV, has reopened all its in-person, hands-on training locations throughout the United States. This includes its Mobile Automotive Training Center (MATC), which is on the road this week with its first series of training sessions for customers in Maine and New Hampshire. The relaunched program will feature instructional classes with Garage Gurus' ASE-certified master trainers and will cover topics such as ASE test prep, electronics, service writer, ignition, braking, drivability, steering and suspension, exhaust, and engine.
ANN ARBOR, Mich., Aug. 3, 2020 /PRNewswire/ -- Otava, a global leader in secure and compliant cloud solutions, is proud to announce that CRN(®), a brand of The Channel Company(®), has named Otava to its 2020 Fast Growth 150 list. Each year, CRN(®) recognizes the fastest-growing technology integrators, solution providers, and IT consultants across North America for the substantial growth and performance they've achieved over the previous two years.
ROCHESTER, Mich., Aug. 3, 2020 /PRNewswire/ -- With sights set on national expansion, Michigan-based Arterra Realty has unveiled its brand new compensation program, supplying agents with the most accessible and highest paying real estate revenue sharing program in the state.
STERLING HEIGHTS, Mich., Aug. 3, 2020 /PRNewswire/ -- Jet's Pizza® is celebrating 42 years of business this August with a special month-long deal. Jet's Pizza® lovers can score an 8 Corner Pizza® with premium mozzarella and one topping for $9.99 with the online code ANV42. This deal is available at participating locations now through the end of August, for online orders only.
GRAND RAPIDS, Mich., Aug. 3, 2020 /PRNewswire/ -- In recent years, the demand for collagen supplements has skyrocketed as a go-to option to help improve health of skin, nail, gut, bone and hair, as well as helping reduce joint pain, and address other age-related ailments.
ANN ARBOR, Mich., Aug. 3, 2020 /PRNewswire/ -- Swift Biosciences, a leader in Next-Generation Sequencing Technology lays the groundwork for emerging research into common and rare disease as well as novel infectious disease. The Company's Accel-Amplicon® and Swift Normalase® Amplicon Panels (SNAP) use a patented single tube workflow, to create ready to sequence libraries for research in Cancer, Antibiotic Resistance, Cystic Fibrosis, Anthrax, Ebola and the Novel SARS CoV-2 (COVID-19). The Swift benefit is effective and efficient; the ability to work with very small and precious samples of DNA and shortened laboratory time. This advantage helps researchers move quickly and effectively on their path to develop potential therapies.
KALAMAZOO, Michigan, USA, Aug. 3, 2020 /PRNewswire/ -- Stryker announced today that it has received U.S. Food and Drug Administration (FDA) approval for an expanded indication of its Neuroform Atlas Stent System, becoming the first and only adjunctive stent approved for use in the posterior (back of the brain) circulation.( )Aneurysms in the posterior circulation rupture more frequently and are generally more difficult to treat. With the approval of the Neuroform Atlas adjunctive stent for the posterior circulation, long term treatment is more feasible.
LANSING, Mich., Aug. 3, 2020 /PRNewswire/ -- Neogen Corporation (NASDAQ: NEOG) announced today that it has completed the previously announced acquisition of the U.S. (including territories) rights to Elanco's StandGuard(®) Pour-on for horn fly and lice control in beef cattle, and related assets.