Tag Archive | "million"

Founders Bank and Trust acquired by expansion-minded Indiana bank for $88 million

“We found Old National has a culture that is very aligned with ours,” said Founders Bank President and CEO Laurie Beard. Full News here – Oakland Business

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Bankruptcy creditors allowed to change votes; city to save $3.5 million

Chad Halcom – Detroit will save more than $ 3.5 million on various legal claims against the city-funded 36th District Court, after U.S. Bankruptcy Court Judge Steven Rhodes today allowed the court’s creditors to change their votes and support the city’s adjustment plan. Rhodes today signed an order allowing a group of creditors to change their […]

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Prosecutor: Former Detroit cop responsible for $3 million drug ring in Athens

Prosecutor: Former Detroit cop responsible for million drug ring in Athens … On the order of Athens County Prosecutor Keller Blackburn and armed with a 12-count indictment that includes racketeering and aggravated drug trafficking, authorities arrested a former Detroit police officer at Atlanta's Hartsfield-Jackson … Full News here – Read more on Columbus Dispatch

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Mega Millions numbers for July 25; tonight’s Powerball jackpot at $50 million

The Mega Millions winning numbers (for July 25): 22-29-33-41-68. The Gold Mega Ball: 12. The Megaplier: 5. One ticket holder in Livonia won more than $ 130,000 in Fantasy 5 on July 25, 2014. Full News here – Detroit News

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High-End Homes: Set on Saugatuck’s lively waterfront, $1.45 million listing gets close to the fun

On weekends, pleasure and power boats pass by as they leave the harbor or return from the big lake. Excursion boats pass by regularly and cruise ships will glide by occasionally. Full News here – Oakland Business

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Duggan reportedly lures $148 million research hub to Detroit

A lightweight metals research hub touted by Pres. Barack Obama and originally slated for Canton Township is now headed for Detroit. Full News here – Detroit Business News

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MSU gets anonymous $1 million gift for gay center

— An anonymous gift of $ 1 million will expand programs at Michigan State University’s Lesbian, Bisexual, Gay, Transgender Resource Center. Full News here – Schools RSS from The Detroit News

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Landaal Packaging Systems breaking ground on $5 million addition in Bay City

Landaal Packaging Systems officials have announced plans to break ground on a $ 5 million expansion at the company’s Delta Containers Division in Bay City. A groundbreaking event is to take place at 2 p.m. Wednesday, July 23, at the Delta Containers Division site, located at 1400 Eddy St. on Bay City’s East Side. Full […]

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Is the $650 million arena project a linchpin in Detroit’s economic recovery?

The argument by officials of the Detroit Economic Growth Corporation and the Michigan Economic Development Corporation – and of course by Olympia Development itself- is that the project will catalyze further economic development in the core of the city. Full News here – Detroit Business News

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View $650 million Detroit Red Wings arena, entertainment district plans in photo gallery

DETROIT, MI — Want to see what $ 650 million gets you in downtown Detroit? Check out in the photo gallery above Detroit Red Wings owner Mike Ilitch’s bold plan for a new hockey arena and entertainment district that’s expected to be completed by summer 2017. Ground for this bold project is expected to be […]

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Detroit Red Wings owner Mike Ilitch on $650 million arena, district: ‘I couldn’t be more excited’

DETROIT, MI — Detroit Red Wings owner Mike Ilitch and his family released in a press release plenty of details about a bold $ 650 million plan to build a new hockey arena and entertainment district downtown The investment will include tens of millions of dollars in public infrastructure improvements such as lighting, sidewalks, green […]

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Detroit bankruptcy: DTE Energy Foundation adds $5 million to $26.8 million

Detroit bankruptcy: DTE Energy Foundation adds million to .8 million … DETROIT, MI – The DTE Energy Foundation made a pledge Wednesday to help the city emerge from bankruptcy and play a role in the so-called "Grand Bargain" campaign. The foundation agreed to contribute a $ 5 million grant for the cause, in addition to … […]

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Visteon transferring $350 million in pension assets to Prudential

Automotive News – Visteon Corp. entered into an agreement to transfer a portion of its U.S. pension assets to Prudential Insurance Co. of America as part of its ongoing restructuring. Under the agreement, Visteon will transfer $ 350 million of its $ 1.1 billion pension obligations to Prudential. The Visteon Pension Plan will purchase a […]

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Metro Detroit’s ‘Ask Dr. Nandi’ earns $1.5 million film incentive

The Michigan Film office has awarded $ 1.5 million to an hour-long television show by Dr. Partha Nandi, a Troy-based gastroenterologist. Full News here – Detroit News

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JP Morgan Chase provides $5.5 million toward buying and rehabbing Detroit homes like this one

JPMorgan Chase announced Thursday it is providing $ 5.5. million to Liberty Bank’s non-profit community financing arm to help home buyers purchase and restore properties in the city. Full News here – Detroit Business News

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