Business News

Northville, MI Business News

Exterior view of Shyft Group headquarters in Novi, MichiganExterior view of Shyft Group headquarters in Novi, Michigan

Shyft Group Declares Cash Dividend for Shareholders

May 1, 2025

News Summary The Shyft Group, Inc. has announced a cash dividend of $0.05 per share for its common stock, scheduled to be paid on June 16, 2025. Shareholders must be...

Cooper Standard Named One of America’s Climate Leaders for 2025

May 1, 2025

News Summary Cooper Standard has been recognized as one of America’s Climate Leaders for 2025, reflecting its commitment to sustainability initiatives. This accolade, announced on April 22, highlights the company’s...

Severe Thunderstorms Disrupt Life in Southern Michigan

April 30, 2025

News Summary Southern Michigan residents were hit with severe thunderstorms that caused power outages, flooding fears, and damage across the region. With wind gusts reaching 60 mph, approximately 204,000 customers...

Gentherm Inc. Reports First Quarter Financials

April 29, 2025

News Summary Gentherm Inc., based in Northville, Michigan, has released its first-quarter financial report revealing a loss of $128,000, translating to less than 1 cent per share. However, its adjusted...

Gentherm Inc. Reports Financial Results for Q1

April 28, 2025

News Summary Gentherm Inc., based in Northville, Michigan, has announced its financial results for the first quarter of the year. While the company reported a loss of $128,000, their adjusted...

Gentherm Inc. Reports Loss and Plans Major Acquisition

April 26, 2025

News Summary Gentherm Inc. reported a first-quarter loss of $128,000, yet exceeded Wall Street’s expectations for earnings and revenue. The company is planning a substantial acquisition of Alfmeier Präzision SE’s...

Gentherm Inc. Reports Narrow Loss but Strong Revenue in Q1 2025

April 25, 2025

News Summary Gentherm Inc. announced its Q1 2025 financial results, revealing a narrow loss of $128,000 but impressive revenue growth of $353.9 million, surpassing projections. Adjusted earnings per share were...

Troy Developer Voices Frustration Over Kmart Site Delays

April 25, 2025

News Summary Developer Nathan Forbes is expressing frustration with the Troy Planning Commission’s delays on the redevelopment of the former Kmart site. Aiming to transform the 40-acre property into a...

Gentherm Inc. Reports First Quarter Loss Amid Adjusted Earnings

April 25, 2025

News Summary Gentherm Inc. has disclosed a challenging first quarter ending with a loss of $128,000. Despite the loss, adjusted earnings per share stood at 51 cents. Stakeholders express concern...

Gentherm Inc. Reports First Quarter Financials

April 29, 2025

News Summary Gentherm Inc., based in Northville, Michigan, has released its first-quarter financial report revealing a loss of $128,000, translating to less than 1 cent per share. However, its adjusted...

Gentherm Inc. Reports Financial Results for Q1

April 28, 2025

News Summary Gentherm Inc., based in Northville, Michigan, has announced its financial results for the first quarter of the year. While the company reported a loss of $128,000, their adjusted...

Troy Developer Voices Frustration Over Kmart Site Delays

April 25, 2025

News Summary Developer Nathan Forbes is expressing frustration with the Troy Planning Commission’s delays on the redevelopment of the former Kmart site. Aiming to transform the 40-acre property into a...

Gentherm Inc. Reports First Quarter Loss Amid Adjusted Earnings

April 25, 2025

News Summary Gentherm Inc. has disclosed a challenging first quarter ending with a loss of $128,000. Despite the loss, adjusted earnings per share stood at 51 cents. Stakeholders express concern...

Gentherm Inc. Reports Mixed Bag for First Quarter in Northville

April 25, 2025

News Summary Gentherm Inc., based in Northville, Michigan, recently reported a quarterly loss of $128,000 but exceeded analyst expectations with adjusted earnings of 51 cents per share. The company also...

Auburn Hills Unveils New Multi-Million Dollar Pickleball Facility

March 15, 2025

News Summary Auburn Hills is excited to announce the construction of the Greystone Pickleball Club, a new facility covering 4.9 acres. With 18 courts and 60,000 square feet of indoor...

Triton Wealth Partners with Elevation Point in Strategic Investment

March 2, 2025

News Summary In a significant development, Elevation Point has made a strategic investment in Triton Wealth, a Registered Investment Adviser based in Aitkin, Minnesota. This partnership aims to strengthen Triton...

Jennifer Rascon Named 2025 Red X Master of the Year in Lincolnton

February 28, 2025

News Summary Lincolnton, North Carolina, celebrates Jennifer Rascon’s achievement as the 2025 Red X Master of the Year during the Dorian Awards in Northville, Michigan. Recognized for her brilliant work...

Northville Hosts the 2025 Dorian Awards Celebrating Excellence

February 27, 2025

News Summary The 2025 Dorian Awards in Northville, Michigan, showcased excellence in structured problem-solving and operational efficiency on February 26. Innovators from automotive, aerospace, and healthcare attended to celebrate teamwork...

Schoenherr Roofing Opens New Location in Novi, Michigan

March 23, 2025

News Summary Schoenherr Roofing celebrates its 30th anniversary with the grand opening of its fourth location in Novi, Michigan. This expansion provides residents with access to high-quality roofing services including...

Schoenherr Roofing Celebrates 30 Years in Novi, Michigan

March 22, 2025

News Summary Schoenherr Roofing, a trusted name in roofing services in Southeast Michigan, celebrates its 30th anniversary and inaugurates its fourth location in Novi. With over 6,200 installations, the company...

Metro Engineering Solutions Expands with New Office in Northville

March 20, 2025

News Summary Metro Engineering Solutions (MES) is set to relocate and expand its operations with the acquisition of 56,920 square feet of office and flex space in Northville, Michigan. The...

Development Delays and Bright Prospects in Northville

March 13, 2025

News Summary Northville and Plymouth Townships are buzzing with development activity along Five Mile Road, despite facing delays from ambitious plans. While some projects have flourished, many parcels remain vacant,...

Plymouth Township’s Gigafactory Plans Put on Hold

March 12, 2025

News Summary Nel Hydrogen has temporarily paused its ambitious gigafactory project in Plymouth Township, Michigan. The $400 million investment, aimed to produce clean hydrogen, has left the community disappointed as...

Homebuilding Boom Surges in Southeast Michigan Suburbs

February 21, 2025

News Summary Southeast Michigan is witnessing a significant rise in homebuilding, particularly in its outer suburbs. New data reveals a surge in single-family home permits, with Macomb Township leading the...

January 2025 Sees Decline in Distributor M&A Transactions

February 1, 2025

News Summary January 2025 has experienced a slowdown in mergers and acquisitions within the building supply and industrial sectors, with a total of 21 transactions compared to 25 in December....

Plymouth’s Luxury Real Estate Market Shines Bright

January 18, 2025

News Summary Plymouth’s luxury real estate market is booming, highlighted by a recent $1.2 million home sale, the highest in Wayne County. With a total of 487 residential sales and...

Northville’s Real Estate Market Shines Brightly

January 18, 2025

News Summary Northville has emerged as a standout in the Metro Detroit real estate market with several high-profile sales. The most notable is a stunning home at 18753 Cumberland Court,...

Northville Hosts the 2025 Dorian Awards Celebrating Excellence

February 27, 2025

News Summary The 2025 Dorian Awards in Northville, Michigan, showcased excellence in structured problem-solving and operational efficiency on February 26. Innovators from automotive, aerospace, and healthcare attended to celebrate teamwork...

New Hudson Unveils the INEOS Grenadier: Michigan’s New Off-Road Sensation!

December 23, 2024

New Hudson Welcomes the INEOS Grenadier: A Tough New Ride Hits Michigan! Exciting news is rolling into New Hudson as the Feldman Automotive Group has just added a brand-new model...

Northville Achieves Record-Breaking Real Estate Sales This Week!

December 7, 2024

Northville Hits the High Notes in Real Estate Sales! Northville, MI has kicked off the week with some astonishing real estate deals, and we’re here to dish the details! Grab...

Detroit Gears up for a Big Chicken Invasion Led by NBA Royalty

September 10, 2024

Detroit Gears up for a Big Chicken Invasion Led by NBA Royalty What’s up, Detroit! Get ready for some serious chicken love coming your way. Our beloved city just got...

Shyft Group Declares Cash Dividend for Shareholders

May 1, 2025

News Summary The Shyft Group, Inc. has announced a cash dividend of $0.05 per share for its common stock, scheduled to be paid on June 16, 2025. Shareholders must be...

Troy Developer Voices Frustration Over Kmart Site Delays

April 25, 2025

News Summary Developer Nathan Forbes is expressing frustration with the Troy Planning Commission’s delays on the redevelopment of the former Kmart site. Aiming to transform the 40-acre property into a...

Gentherm Inc. Reports First Quarter Loss Amid Adjusted Earnings

April 25, 2025

News Summary Gentherm Inc. has disclosed a challenging first quarter ending with a loss of $128,000. Despite the loss, adjusted earnings per share stood at 51 cents. Stakeholders express concern...

Schoenherr Roofing Celebrates 30 Years in Novi, Michigan

March 22, 2025

News Summary Schoenherr Roofing, a trusted name in roofing services in Southeast Michigan, celebrates its 30th anniversary and inaugurates its fourth location in Novi. With over 6,200 installations, the company...

Northville’s Castello Montebello Mansion Hits Market Again

March 21, 2025

News Summary The luxurious Castello Montebello mansion in Northville, Michigan is back on the market for $3.4 million after being auctioned for just over $2.9 million. Spanning 15,000 square feet,...

Metro Engineering Solutions Expands with New Office in Northville

March 20, 2025

News Summary Metro Engineering Solutions (MES) is set to relocate and expand its operations with the acquisition of 56,920 square feet of office and flex space in Northville, Michigan. The...

Development Delays and Bright Prospects in Northville

March 13, 2025

News Summary Northville and Plymouth Townships are buzzing with development activity along Five Mile Road, despite facing delays from ambitious plans. While some projects have flourished, many parcels remain vacant,...

Triton Wealth Partners with Elevation Point in Strategic Investment

March 2, 2025

News Summary In a significant development, Elevation Point has made a strategic investment in Triton Wealth, a Registered Investment Adviser based in Aitkin, Minnesota. This partnership aims to strengthen Triton...

Aitkin Experiences Growth in Wealth Management Sector

February 27, 2025

News Summary Aitkin, Minnesota, is abuzz as Elevation Point acquires a minority stake in Triton Wealth, aimed at enhancing their wealth management offerings. This partnership aligns with Elevation Point’s mission...

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