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CAM Logic caps off banner year with more hires

Last year, CAM Logic, a product lifecycle management sales company, grew organically and through acquisition, but its leadership has a different way of describing that success.

"It was a banner year," says Angelo Biondo, GM & vice president of CAM Logic.

The Oxford-based company specializes in selling product lifecycle management solutions like 3-D scanning and rapid prototyping technologies used to design, build, and improve products. It experienced 38 percent revenue growth last year selling those products and support services.

Part of that growth came through acquisition. CAM Logic bought the Midwest book of business from a competitor (Acuity) last year. That acquisition aside, CAM Logic still experienced 22 percent revenue growth, which is par for the course for the company these days. It has also hired four people, expanding its staff to 20 employees.

"We have seen steady growth," Biondo says.

Leading that growth is CAM Logic’s team expanding its workload with its current customers, or "increasing walletshare" as Biondo says. A lot of that expanded business has come from increased sales in printing and scanning equipment.

"That business has really ramped up in the last year," Biondo says.

Source: Angelo Biondo, GM & vice president of CAM Logic
Writer: Jon Zemke

Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

Southfield-based federal-mogul launches 'Garage Gurus' training centers


Federal-Mogul Motorparts, a division of Federal-Mogul Holdings Corp. in Southfield, is launching a national technical education platform called “Garage Gurus” that will offer training for auto technicians, service writers, and repair shop owners. Up to 15 training centers are planned, including one in Livonia.

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Valeo earns 2015 'Top Employer' certification in the U.S. and Mexico

Valeo has been certified as a Top Employer in the United States and Mexico by the Top Employers Institute for the second year in a row. Valeo also is one of only five companies to earn Global Top Employer certification, awarded for the first time this year.

To qualify for the Global Top Employer label, 20 countries must be certified individually on five continents. Valeo met this goal with 22 countries certified: China, India, Japan, Korea and Thailand in Asia; Egypt and Tunisia in Africa; Brazil, Mexico and the United States in the Americas; and France, Germany, Hungary, Ireland, Italy, the Netherlands, Poland, Romania, Russia, Spain, Turkey and the United Kingdom in Europe.
Top Employer certification is based on a variety of criteria, including talent management and career management, where Valeo earned the highest scores.

With an ambitious strategic vision based on reducing carbon emissions, delivering innovation and expanding in fast-growing regions, Valeo has driven a 70% increase in revenue since 2009.

Around the world, 96 different nationalities are working together in Valeo's 29 host countries. Human Resources support growth by hiring and training the finest talent, in a commitment to enhancing team skills and competences.

Top Employer certification, awarded by the Top Employers Institute, recognizes organizations that demonstrate the best human resources management practices, particularly in the areas of attracting and developing talent, compensation and benefits, training and leadership development.
About the Top Employers Institute: Present in 12 countries, the Top Employers Institute has been identifying and certifying employers of choice for the past 20 years through its Top Employers label. More than 2,500 organizations have been certified by the Top Employers Institute as part of 135 international projects.

About Valeo: Valeo is an automotive supplier, partner to all automakers worldwide. As a technology company, Valeo proposes innovative products and systems contributing to the reduction of CO2 emissions and to the development of intuitive driving.  In 2014, the Group generated sales of €12.7 billion ($16.7 billion*) and invested over 10 percent of its original equipment sales in research and development.  Valeo has 133 production sites, 50 research and development centers and 15 distribution platforms and employs 78,500 people in 29 countries throughout the world.  Valeo is listed on the Paris Stock Exchange and is a member of the CAC 40 index.
In North America, Valeo’s regional headquarters are located in Troy, Mich., and the company has 16 production sites and five research and development centers.  The company employs 11,779** people across the United States and Mexico and was responsible for 20 percent of the Group’s 2014 global annual original equipment sales, contributing €2.267 billion ($3 billion*).
More information about the Valeo Group and its activities can be found on the Internet at www.valeo.com.
*Currency conversion based on the average of the 2014 month-end FX Euro to USD of 1.3177.
**Total number of employees as of end of December 31, 2014.

Clinics help golfers improve their game

Oakland County Parks and Recreation (OCP) is offering golfers the opportunity to improve their game with putting, chipping and pitching clinics.
The clinics will be offered at OCP’s five golf courses throughout April and May and will be conducted by OCP Golf Instructor Al Urpsis. Instruction includes:
  • Putting clinic – Covers grip, proper technique, alignment and reading the greens. Participants need to bring their putter.
  • Chipping Clinic- Covers grip, proper technique, stroke and alignment. Participants need to bring their pitching wedge.
  • Pitching Clinic – Covers grip, proper technique, stroke and alignment. Participants need to bring their pitching or sand wedge. 
The clinics are $15 each; $25 for two; or $36 for three. Check DestinationOakland.com for times, dates and location.
The OCP golf courses are located throughout the county:
Glen Oaks: 30500 Thirteen Mile Road, Farmington Hills, 248.851.8356
Lyon Oaks: 52251 Pontiac Trail, Wixom, 248.437.1488
Red Oaks: 29600 John R. Road Madison Heights, 248.541.5030
Springfield Oaks: 12450 Andersonville Road, Davisburg, 248.634.2261
White Lake Oaks: 991 Williams Lake Road White Lake, 248.698.2700
Visit DestinationOakland.com for more information. Join the conversation on Facebook, Instagram and Twitter @DestinationOak.

Detroit Materials joins Automation Alley's 7Cs program

Steel startup Detroit Materials is looking to leverage one of the regions new up-and-coming business support programs to help it commercialize its high-performance steel.

The Wixom-based firm has joined Automation Alley's new 7Cs program, which helps fledgling businesses leverage advanced manufacturing.

"You try to build your business as much as you can, but it's difficult," says Pedro Guillen, CEO of Detroit Materials.

The advanced materials startup spun out of Wayne State University a little more than a year ago. Its technology is commercializing ultra-high performance structural cast steels. Its steel is both lighter and stronger and has applications in a broad range of industries, including defense, infrastructure, and automotive.

"Our basic technology is developed," Guillen says. "It's being validated right now."

The two-person team is currently working to raise a $500,000 seed round this year. It is also working to get its first orders under its belt later this year, which it hopes the 7Cs program will help make possible.

Source: Pedro Guillen, CEO of Detroit Materials
Writer: Jon Zemke

Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

Credit Union One merges with Good Shepherd Credit Union

Another consolidation among local credit unions is underway now that Credit Union One is absorbing Good Shepherd Credit Union.

The Ferndale-based credit union is taking over Good Shepherd as part of its plan to grow its membership and extend its reach across metro Detroit. Lincoln Park-based Good Shepherd has 8,300 members and branches in Lincoln Park and Woodhaven.

"Growing into downriver has always been a goal of ours from a geographic standpoint," says Gary Moody, president & CEO of Credit Union One. "Adding 8,000 members also made sense."

The merger, if approved, will be complete by the end of June. The addition of Good Shepherd Credit Union will add $93 million in assets to Credit Union One's existing $860 million in assets. Credit Union One has 120,000 members and 18 branches mainly spread across Oakland and Macomb counties. It also has branches in Grand Rapids and Traverse City.

Credit Union One has grown its assets and membership by 10 percent over the last year. It has also grown its deposits and loans by 20 percent to $765 million and $715 million respectively. The credit union employs a staff of 302 people and has one intern. It has hired 13 people over the last year and is looking to add to that number.

"We're always hiring branch staff," Moody says.

Source: Gary Moody, president & CEO of Credit Union One
Writer: Jon Zemke

Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

ITC passes $1B revenue mark, adds 38 people in Novi

ITC, a Novi-based firm, is the nation’s largest independent electric transmission company. It is posting some big numbers these days, passing the $1 billion mark in revenue and hiring another 38 people in metro Detroit.

It also reorganized its leadership structure, appointing about a dozen people to new executive positions. The moves are meant to set the stage for more growth by adding flexibility to take advantage of more development opportunities.

"The purpose of the reorganization is to drive up operational performance and drum up the value for the customers," says Linda Blair, executive vice president for ITC.

ITC has experienced significant revenue gains since its launch a dozen years ago. In 2003 it recorded $102 million in revenue. A decade later it hit $914 million. Last year its revenues crossed the $1 billion mark.

That has enabled ITC to hire a number of people, growing its staff from 429 people in Michigan by the end of 2013 to 462 by the end of last year. Today it stands at 467. ITC has a total staff of 585 people across the U.S.

The company's leadership expects the current growth curve to continue in 2015 as the firm continues to attract more transmission line work
"This country has seen no meaningful investment in transmission line infrastructure for 30-40 years," Blair says.

Source: Linda Blair, executive vice president for ITC
Writer: Jon Zemke

Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

Rochester Hills-based auto supplier, Dow Automotive develop new foam technology


Rochester Hills-based Costal Automotive has reached an agreement with Auburn Hills-based Dow Automotive Systems to license a new foam technology for vehicles capable of filling and sealing three-dimensional cavities.

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Local FASTSIGNS named one of the top centers in the country

Local signs and visual graphics provider FASTSIGNS® of Farmington Hills was named one of the top centers out of more than 570 locations worldwide at the 2015 FASTSIGNS International Convention, which was recently held in Dallas, Texas.
The locally owned and operated business received the Pinnacle Club Award, which is given to the centers ranked 26 to 125 in the U.S. and Canada for sales volume from the previous year.  
“This award commemorates all of the hard work and excellent service our team at FASTSIGNS of Farmington Hills provides every day,” said owner Jay Herning. “We want to thank our customers for their continued support and we look forward to helping them accomplish their business goals for 2015 and beyond.”
Located at 27853 Orchard Lake Road, FASTSIGNS of Farmington Hills has been doing business in the area for over 22 years. The center provides comprehensive visual communications solutions, including wall, window and floor graphics, architectural signs, trade show displays, wayfinding solutions, vehicle wraps, digital signage and more.
“With the evolution of technology and my team’s knowledge and experience, FASTSIGNS of Farmington Hills offers creative solutions for any industry or business challenge,” Herning said. “We’re so much more than just sign makers. We’re visual communications consultants, innovators, designers and marketing specialists dedicated to help local businesses thrive.” 
FASTSIGNS® of Farmington Hills is an independently owned and operated sign, graphics and visual communications company that provides comprehensive visual marketing solutions to customers of all sizes—across all industries—to help them meet their business objectives and increase their business visibility. To learn more, visit fastsigns.com/162 or call (248) 488-9010.

Morpace adds staff as it diversifies client base

Morpace, a Farmington Hills-based market research and consulting firm, is looking to continue growing its revenue, adding staff, and diversifying its clientele in 2015.

"We want to build on our current growth," says Duncan Lawrence, president & CEO of Morpace.

The firm helps its clients figure out and overcome marketing challenges through product development, customer experience, and brand strategy. It has grown its revenue by almost 10 percent over the last year. That has allowed it to hire 30 people, expanding its staff to 220 employees and a handful of interns. It also recently promoted Lawrence, who has been with the company since 1994, to CEO.

"I have hired six people so far this year," Lawrence says.

Morpace has been able to keep growing by diversifying its client base. It has traditionally focused on the automotive industry, but has expanded into a number of other sectors like financial services, retail, and healthcare.

"Healthcare is our fastest growing vertical," Lawrence says. "It has doubled over the last couple of years."

That doesn't mean the 40-year-old firm is ignoring its roots. It is aiming to grow its workload with existing clients and is looking to find more work in overlooked areas in automotive, such as commercial trucks, or power train.

"It's in an area where no one has any deep expertise," Lawrence says. "It's also going through deep change."

Source: Duncan Lawrence, president & CEO of Morpace
Writer: Jon Zemke

Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

Michigan Israel Business Bridge grows team in Bloomfield Hills

The Michigan Israel Business Bridge is growing its staff and its influence in metro Detroit.

The Bloomfield Hills-based, chamber-of-commerce-like organization has been making connections between the entrepreneurial ecosystems of Michigan and Israel since its launch in 2007. That includes helping companies from both regions do more business with each other and bridging not-so-obvious divides.

"It's also two different cultures you need to bridge," says Pamela Lippitt, executive director of the Michigan Israel Business Bridge. "In Israel a handshake means more than what it means here."

The non-profit, which recently doubled its staff to two people, works with both high-tech and low-tech businesses. For instance, it is hosting a roadshow for four medical device startups from Israel on March 25th. The Michigan Israel Business Bridge also helped organize Gov. Rick Snyder’s recent economic development visit to Israel.

Michigan Israel Business Bridge's members include two Israel-based auto cyber security firms (TowerSec and Argus Cyber Security) open North American offices in Michigan. It's all part of a long effort to further connect the two economies.

"It's a long process that you have to be patient with," Lippitt says.

Source: Pamela Lippitt, executive director of the Michigan Israel Business Bridge
Writer: Jon Zemke

Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

Hired in Michigan Career Expo on Tuesday, March 31

JobFairGiant.com is hosting the Hired in Michigan Career Expo on Tuesday, March 31, 2015 in Sterling Heights, MI. We expect thousands of candidates to attend the expo event to interview with over 50 companies hiring in several career fields.
Hiring employers include General Motors, Cumulus Broadcasting. Goodwill Industries of Greater Detroit, Onstar, Minacs, Netflix, Dialog Direct, New York Life Insurance, Global Information Technology, Dorsey Schools, Walden University, Phoenix University, Aetna, E.W. Gobble and Sons over 50 public and private sectors employers.
Immediate openings in Engineering, Information Technology, Skilled Trades, Seasonal, Manufacturing, Production, Industrial, General Labor, Customer Services, Retail, Management, Restaurant, Accounting, Banking, Office Support, Clerical, Data Entry, Call Center, Installation, Technical, Machining, Electrical, Mortgage, Financial Planning, Insurance, Education, Truck Driving, Real Estate, Nursing, Rehabilitation, Human Services, and other career fields.

Royal Oak's Vectorform, DTE Energy launch energy saving app


Vectorform, a design and technology firm in downtown Royal Oak, and DTE Energy in Detroit, created and launched a mobile platform that allows residential customers to reduce energy consumption and increase savings. Today’s announcement was made at the Mobile World Congress in Barcelona.

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Rising market for aluminum body vehicles spurs new bonding technology


Henkel Adhesive Technologies, a German-based company with facilities in Madison Heights and Warren, and auto supplier Novelis, with offices in Novi, today announced a partnership to develop advanced bonding technologies for the use of aluminum in vehicles. 

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Troy-based company to produce bulletproof baseball caps


BulletSafe, a Troy-based company specializing in bulletproof vests, has ventured into a new style of protection — bulletproof baseball caps — for police officers and other security personnel.

“This cap gives increased protection without intimidation. It’s a discreet way for officers to be a little bit safer and aligns with community policing practices,” says Tom Nardone, president of BulletSafe.

Read more.
1079 Articles | Page: | Show All
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