DETROIT BUSINESS MAIN 05-22-06 A 19 CDB 5/18/2006 3:38 PM Page 1

May 22, 2006 CRAIN’S BUSINESS Page 19 PEOPLE CONSTRUCTION Thomas Madden, retired executive IN THE SPOTLIGHT vice president and CFO, Ingram Mi- cro Inc., Santa Ana, Calif.; and David The Bank of Birmingham, Weiss, former executive vice presi- scheduled to open in June, has dent and CFO, Beazer Homes USA, At- named four senior vice presidents: lanta, to the board of directors, Cham- Bari Livsey, Peggy Shields, Linda pion Enterprises Inc., Auburn Hills. Alvey and Cynthia Harkaway. Also, William Griffiths, president and Livsey was a CEO, elected chairman of the board. vice president/ Derron Sanders to vice president of area retail business operations, White Construc- leader and tion, Detroit, and continuing as man- business aging member of White Development banking Group L.L.C., Detroit. relationship manager with FINANCE Key Bank in Kevin Kiefer to marketing manager, Ann Arbor. Rehman Robson, Troy, from senior Shields, who marketing analyst, Saflok, Troy; Cheri Livsey has more than Reid to proposal coordinator, from se- 30 years of nior marketing specialist, Varnum, banking Riddering, Schmidt & Howlett L.L.P., experience, Grand Rapids; Michael McKinney II to was an staff associate, small business depart- assistant vice ment, from staff accountant, Eagle president/ Crest Management Corp., Ypsilanti; Khalilah Tolbert to staff associate, tax banking center department, from tax accountant, O/E manager for Systems Inc., Troy; and Allison Brown Fifth Third Bank to recruiting consultant, Rehmann in Bloomfield Recruiting, Troy, from benefits spe- Hills. cialist, Regency Insurance Group, Shields Alvey was East Lansing. regional lending HEALTH CARE manager with Kenneth Casey to chief of neuro- Charter One surgery, Detroit Receiving Hospital, Mortgage in Detroit, from surgical director of the Brighton. neurosurgical intensive care unit, Al- Harkaway was legheny General Hospital, Pittsburgh. president and Also, Stephen Guthrie to medical di- CEO of rector of wound care and hyberbaric Southfield- medicine from attending plastic sur- based Angels’ geon and medical director of the Alvey Place, a home wound healing and hyberbaric medi- for people with cine unit, Kingsbrook Jewish Medical Center, New York City. developmental disabilities, Lynn Fisher to and vice director of founda- president of tion grants, Bar- bara Ann Kar- corporate/ manos Cancer foundation Institute, Detroit, relations for from director of Gleaners government, cor- Community porate and foun- Food Bank. dation relations, Harkaway In 2005, Bank American Center...Southfield’s New Center of It All. Cranbrook Educa- of Birmingham was approved to tional Communi- operate by the Federal Deposit Fisher ty, Bloomfield Insurance Corp. and by the state of Hills. to organize as a community-based bank, meaning it The excitement about INDUSTRY GROUPS will be locally operated and owned by shareholders in the community. American Center is ramping up... tant, Bethlehem, Pa. Eric White to senior vice president of North American manufacturing, Ca- as the “Countdown to Completion” dence Innovation L.L.C., Sterling Heights, from president, Collins & Aikman U.S. and Mexico plastics divi- for the new I-696 Exit ramp begins! sion, Troy. TRANSPORTATION Greg Pawelski to director of human With the construction of a new exit from I-696 Pool Wenzell resources, Con-Way Transportation providing direct freeway access, all signs point Services Inc., Ann Arbor, from service Ken Pool to executive director of center manager, large freight assem- member services, Michigan Business to American Center as Southfield’s premier bly center, Con-Way Southern Ex- and Professional Association and the Michigan Food & Beverage Associa- press, Shreveport, La. high-rise corporate location: tion, Warren, from part owner, facilia- tor and trainer, Project Innovations Inc., Farmington Hills. Also, Bill Wen- PEOPLE GUIDELINES zell to director of membership from Announcements are limited to • Optimal strategic location quality systems manager, Focus: management positions. Nonprofit HOPE, Detroit. and industry group board • Landmark prestige appointments can be found at INFO/TECHNOLOGY www.crainsdetroit.com. Send • World-class interior elegance Chris Ross to technology manager, submissions for People to Joanne Macprofessionals, Novi, from senior Scharich, Crain’s Detroit Business, • Spectacular views technician. 1155 Gratiot Ave., Detroit, MI 48207-2997, or send e-mail to • Full-service corporate amenities REAL ESTATE [email protected]. Releases David Prueter to senior vice president, must contain the person’s name, • PLUS...A NEW EXIT RAMP FROM I-696 (EXIT #7) TO Agree Realty Corp., Farmington Hills, new title, company, city in which from vice president. the person will work, former title, AMERICAN CENTER...COMING IN 2006! former company (if not promoted SUPPLIERS from within) and former city in Dorothy Stephenson to senior vice which the person worked. Photos For leasing information, contact Tysen B. McCarthy 248.784.6514 president, human resources, Visteon are welcome, but we cannot Corp., Van Buren Township, from in- guarantee they will be used. dependent human-resources consul- DETROIT BUSINESS MAIN 05-22-06 A 20 CDB 5/18/2006 3:40 PM Page 1

Page 20 CRAIN’S DETROIT BUSINESS May 22, 2006 CALENDAR TUESDAY or www.inforummichigan.org. Emergency Preparedness Workshop. 7 ling Inn Banquet & Conference Center, a.m.-noon. ESD: The Engineering Soci- Sterling Heights. $30. Contact: Sterling WOMEN OF POWER TO SPEAK MAY 23 ety of Detroit and Crain’s Detroit Busi- Heights Area Chamber of Commerce, Rebirth of the Riverfront. Inforum An- ness. Join experts in this “hands-on” (586) 731-5400, or www.suscc.com. AT ANCAKES OLITICS Africa: The Next Economic Frontier. nual Meeting. Noon-1:30 p.m. Dave event where you will have the opportu- P & P 7:30-9:30 a.m., American Nigerian Eco- Bing of the Bing Group; Dwight Belyue nity to outline your own emergency re- The Pancakes & Politics speaker nomic Council. Detroit Mayor Kwame of Belmar Development; George Jack- sponse plan. Marriott Centerpoint, THURSDAY series plays host to Southeast Kilpatrick, American Nigerian Eco- son of the Detroit Economic Growth Pontiac. $75 members, $95 others, $142 Michigan’s Women of Power May nomic Council 2005 Man of the Year. Corp.; and Faye Nelson of the River- for nonmembers to attend and join MAY 25 25 in Detroit. Hilton Gardens Hotel, Detroit. $30 in- front Conservancy. GM Wintergar- ESD at a 50 percent discount. Contact: dividuals, $300 corporate table, $500 “Connect Four” Networking Event. 6-9 Prominent local women who are den, , Detroit. $35 Nancy Strodl, (248) 353-0735, Ext. 4152, scheduled to appear during the corporate sponsor. Contact: (313) 340- [email protected]; or www.esd.org. p.m. CreateDetroit. Bill Ludwig, chief 2008, or [email protected]. members, $45 guests, $350 reserved creative officer, Campbell-Ewald. The forum include: Detroit Police Chief table for 10. Contact: (313) 578-3230 or Hub, 1344 Broadway, Detroit. $20. Ella Bully- [email protected]. Contact: Eric Cedo, (313) 717-2365, or Cummings, Inside the Entrepreneurial Experience. WEDNESDAY [email protected]. Charter One 7:30-9:30 a.m. Inforum. Joan Moore, MAY 24 Bank president president, Ann Arbor Consulting Detroit Economic Club. Noon-1:30 p.m. and CEO Dick DeVos, gubernatorial candidate. Group; Kelly Rossman-McKinney, pres- 2006 Sterling Heights Business Expo, SUNDAY Sandra Pierce, ident and CEO, Rossman Group; and Burton Manor, Livonia. $35 members, Sterling Heights Area Chamber of Skillman Mary Anne Levois, CEO, ISCG. $50 nonmembers. Contact: Jessica Commerce and city of Sterling MAY 28 Foundation Atheneum Hotel, Detroit. $25 mem- Wayland, (313) 963-8547, jwayland@ Heights. 11 a.m.-3 p.m. Speaker: Michi- President and gan Attorney General Mike Cox. Ster- Black Empowerment Expo 06. 7 a.m.- bers, $35 guests. Contact: (877) 633-3500 econclub.org or www.econ club.org. CEO Carol Goss, city of Bully-Cummings Detroit general legal counsel Sharon McPhail, Strategic Staffing Solutions Inc. President and CEO Cynthia Pasky and University of Michigan President Mary Pierce Sue Coleman. The Pancakes & Politics breakfast series is co-sponsored by The Michigan Chronicle and Crain’s Detroit Business, WWJ 950 AM, and CBS/UPN Detroit’s “Michigan Matters” program. Other sponsors include DaimlerChrysler; Honigman Miller Schwartz and Cohn L.L.C.; UHY Advisors Inc.; Brogan & Partners; HAP; the United Auto Workers; Inheritance Investment Group; and Ilitch Holdings Inc. The forum is 7:30-9 a.m. at the , 241 Madison Ave., Detroit. Tickets are $50. For tickets or more information, call (877) 979-5500. — Joanne Scharich 1:30 p.m. The International Detroit Black Expo Inc. George Fraser, chair- man and CEO, FraserNet Inc. Charles H. Wright Museum of African Ameri- can History, Detroit. $10 in advance general admission. Contact: (313) 961- 2525 or www.DetroitBlackExpo.com. COMING EVENTS Annual Sales and Marketing Summit. 10 a.m.-3 p.m. May 31. eWomenNet- work. Sandra Yancey, founder and CEO, eWomenNetwork. Also includes a panel discussion and networking op- portunities. The Community House, Birmingham. $50 members, $60 guests. Contact: Diane Dorcey, (810) 220-5704 or (810) 423-2687, or www.eWomenNetwork.com.

Outsourcing Relationship Manage- ment Forum. 9:30 a.m.-6 p.m. June 6. The University of Michigan William Davidson Institute and Janeeva. Fo- rum and networking on managing What makes Ron smile? outsourcing relationships. University of Michigan, Palmer Commons, 100 Washtenaw Ave., Ann Arbor. Contact: Balancing quality and cost savings. And Delta Dental. Janeeva, (888) 297-1678. We’re one of the world’s only major health carriers to hold the prestigious ISO 9001:2000 quality certification. At the same time, we saved our customers CALENDAR GUIDELINES and enrollees more than $1 billion last year. It’s our ability to balance quality More Calendar items can be found and cost savings that allows Ron’s company to provide him with great dental on the Web at www.crainsdetroit. com. Please send news releases benefits. And if anyone can appreciate a healthy balance, Ron can. To learn how for Calendar to Joanne Scharich, your company can afford to provide quality dental coverage, visit us online at Crain’s Detroit Business, 1155 Gratiot Ave., Detroit, MI 48207- www.smilequality.info. 2997, or e-mail jscharich@ crain.com. You also may submit Calendar items in the Calendar BL-06 section of crainsdetroit.com. DETROIT BUSINESS MAIN 05-22-06 A 21 CDB 5/18/2006 3:41 PM Page 1

May 22, 2006 CRAIN’S DETROIT BUSINESS Page 21 BUSINESS DIARY ACQUISITIONS downtown Ann Arbor and Scio Town- NEW SERVICES chased by Griswold Garage Co. L.L.C. space at 4175 22 Mile Road, Shelby ship offices into a 21,365-square-foot Township, from Shelby Properties Jervis B. Webb Co., Farmington Hills, Suboski and Co., Whitmore Lake, has Friedman Real Estate Group Inc., suite in the Domino’s Farms Office L.L.C. Colliers International repre- has acquired Mentor AGVS, a supplier developed a new leadership discourse Farmington Hills, negotiated the sale Park, Ann Arbor. sented both parties. of automatic guided-vehicle systems titled “The Art of Project Leadership” of a 10,000-square-foot office building at based in Warrensville Heights, Ohio, Advanced Communications Technolo- and has been certified by the Project 2005-2011 Orchard Lake Road, Sylvan Grubb & Ellis Co., Southfield, an- from Massachusetts-based Formtek gies and Advanced Computing Tech- Management Institute to teach it. Lake. Edward Cassar Sr. L.L.C. sold the nounced the sale of 27,840 square feet Metal Forming Inc. nologies, a technology consulting and building to United Radio Inc., a Ken- of industrial space owned by Apple Axis Music, a private music academy tucky corporation. Friedman repre- ThyssenKrupp Materials NA, South- intellectual-property security firm, in Southfield and Canton Township, Tree Investments at 14057 Stephens, field, has completed the acquisition of from Southfield to 25600 Woodward sented both parties. Also, Friedman ne- Warren, to Lawrence Holman. Grubb now offers Axis Music @ Home, an in- gotiated the sale of a 22,000-square-foot the assets of VPK Metal Inc. in Bramp- Ave., Suite 201, Royal Oak. Telephone: home lesson program for students of & Ellis represented both parties. ton, Ontario. The business units will (248) 658-5500. Web site: www.advtech industrial building at 4000 W. 11 Mile any level throughout the Detroit area. Road, Berkley. 4000 West Eleven Mile retain their current names and will op- nologies.com. Voice lessons are also available. Tele- OTHER erate as part of ThyssenKrupp Materi- L.L.C. sold the building to 4000 W. 11 phone: (866) 464-2947. The has renovated its Zoo- als NA’s copper and brass sales divi- NAME CHANGES Mile L.L.C., a local developer. This sion. space is to be redeveloped into office fari Market gift shop. The shop at the Detroit Area Film and Television, Roy- TRANSACTIONS condos that are to be available for sale Royal Oak zoo’s admission gates fea- CONTRACTS al Oak, to Digital Arts Film and Televi- Trammell Crow Co., Detroit, represent- or lease. Friedman represented the tures animal-themed merchandise sion. The group provides education in ed the seller, Part- purchaser and will negotiate the future along with Detroit Zoo-logo clothing, Environmental Maintenance Engi- film and alternative forms of media ners L.L.C., in the sale of the Griswold leasing and sale of the office condos. an educational and family activity neers Inc., an Inkster-based environ- and is the host organization for the Garage, at the corner of Griswold and Colliers International, Southfield, an- center, an African-themed section, mental contractor, has completed as- Michigan Student Film and Video Fes- Grand River Avenue in Detroit. The nounced that Soulliere Realty L.L.C. and food and drink. The Zoofari Mar- bestos abatement work as part of the tival. Web site: www.daftonline.org. 153-space parking structure was pur- purchased 30,000 square feet of retail ket is open during regular zoo hours. renovation of the former A&P Food Warehouse, Detroit, for Corona Con- struction Co., Livonia, and Sherwood Food Distributors, Detroit. AutoCom Associates, Bloomfield Hills, has expanded its global public-rela- tions network with the addition of six new members to the International Pub- lic Relations Network: Bepublic from Austria; Fusion in Consulting, Bel- gium; Opinion Valley, France; Scoop PR, Netherlands; Star Public Relations, Sweden; and the RedCube Agency, South Africa. The network now in- cludes 40 independent agencies in 31 countries on five continents and $47 million in annual billings. Wit Inc., Troy, has completed develop- ment of a new Web site for the UAW/DaimlerChrysler National Train- ing Center at www.uawdcx.com/ Big business services for aaw2006/aaw2006.html. EXPANSIONS BorgWarner, Auburn Hills, has opened a new operation in Ningbo, a small business budget. China, for the assembly of turbocharg- ers and transmission solenoids. MidWest Financial Credit Union and UMHS Financial opened its newest Business Checking with Cash Management. branch office at 5280 Jackson Road, Scio Township. Strategic Capital Mortgage Inc., Troy, has opened an office in Alpharetta, Ga. LITERATURE NSF International, Ann Arbor, an- nounced a new reference guide to help drinking water treatment system man- ufacturers understand the new Euro- pean Committee for Standardization standards. To download a free copy, vis- it www.nsf.org/info/dwtu-download. MOVES Business Health Services to 3131 S. State Street, Ann Arbor. The move consolidates the occupational health center’s Clark Road (Ypsilanti) and North Maple Road (Ann Arbor) loca- tions. Telephone: (734) 213-6285. Zeimet Wozniak & Associates Inc., con- • Control payments with wire transfers and ACH sulting civil engineers and land survey- ors, to 40024 Grand River Ave., Suite 100, Novi. Telephone: (248) 442-1101. • Earn money on your money with automatic sweep Web site: www.zeimetwozniak.com. Wade Trim to 500 Griswold Ave., Suite 2500, Detroit. Telephone: (313) 961- • Count on dedicated Business Bankers who come to you 3650. Web site: www.wadetrim.com. Management Recruiters of Ann Arbor, from Green Court in northeast Ann Arbor to Domino’s Farms Office Park, Ann Arbor. We think your smaller business deserves the same sophisticated banking Ann Arbor Hylant Group, a commercial insurance agency, is to consolidate its services that big companies get. That’s why we offer Business Checking DIARY GUIDELINES with Cash Management. It gives you all the great features larger companies Send news releases for Business Diary to Joanne Scharich, Crain’s enjoy, but at a price you can really afford. So you’ll have more control of your Detroit Business, 1155 Gratiot Ave., Detroit, MI 48207-2997 or money and more time to focus on your business. To learn more, visit your send e-mail to jscharich@crain. com. Use any Business Diary item as a model for your release, and nearest branch, go to charterone.com or call 1-866-252-4BIZ. look for the appropriate category. Without complete information, your item will not run. Photos are welcome, but we cannot guarantee they will be used. Member FDIC. $100 minimum opening deposit required for Business Checking. All accounts and services subject to individual approval. See a banker for details. DETROIT BUSINESS MAIN 05-22-06 A 22,23 CDB 5/18/2006 3:36 PM Page 1

Page 22 CRAIN’S DETROIT BUSINESS May 22, 2006 BRIEFLY 20% of Mill River home sites percent of the planned 491 homes south of I-96 also has a clubhouse, PPOM had about 1 million en- tomotive fluid-handling division in were sold. The condominiums and fitness center and walking trails. rollees and $58.7 million in 2004 February. sold in Lyon Township homes are priced from the — Jennette Smith revenue. — Brent Snavely $140,000s to the $300,000s. — Sheena Harrison Homes planned for the Mill Riv- Earl LaFave, president of Wixom- er mixed-use development in Lyon Aetna launches unit with Black Empowerment Expo based Beck Development and the enti- Township are nearly 20 percent Cooper-Standard closing plant ty that created Mill River, L.P.R.S., ex-PPOM employees sold, and other parts of the project set for Sunday in Detroit said Farmington Hills-based Abbey Novi-based Cooper-Standard Auto- are under way as well. Gardens L.L.C. is under contract to Health insurance giant Aetna motive Inc. said May 9 that it plans The largest African-American The residential developers and buy a site for a senior living center Inc. has launched a business unit to close its Sault Ste. Marie, On- business networking exposition in builders of the $120 million devel- while the township plans a Mill Riv- called Advantus in Southfield that tario, tube manufacturing plant in the U.S. will be in Detroit on Sun- opment include Auburn Hills- er library on a site deeded to it. Also, includes 236 employees of the for- the third quarter of this year, af- day. based Moceri Cos., Multi Building Co. LaFave is negotiating to sell a site to mer PPOM to provide services for fecting about 65 jobs. The Black Empowerment Expo, of Plymouth, Palazzolo Bros. of Ster- a day-care operator and in talks with other insurance networks. The company plans to transfer hosted by International Detroit Black ling Heights and Washington hospital groups for a medical office Hartford, Conn.-based Aetna ac- production to other plants in North Expo Inc., will take place 7 a.m.-1:30 Township-based Lombardo Cos. project. The planned medical office quired HMS Healthcare Inc., which America. Cooper-Standard said the p.m. at the Charles H. Wright Muse- Kelly Poniers, director of land space of 40,000-50,000 square feet operated as PPOM in Michigan, closing was necessary because it um of African American History, 315 E. development for Moceri, said sev- could be sold or leased, LaFave said. from Denver-based KRG Capital Part- gained tube milling operations Warren Ave. en models are up and nearly 20 The community off Milford Road ners L.L.C. for $390 million last fall. when it acquired ITT Industries’ au- George Fraser, nationally syndi- cated speaker and author, will host the event, which will include more than 50 African-American vendors, speed networking, Who’s Who in Black Business and the kickoff of the inaugural Detroit Black Expo “Black Empowerment Weekend” 2007. The weekend will premiere Memorial Day Weekend 2007. The International Detroit Black Expo Inc. is a nonprofit that helps cultivate African-American busi- nesses and organizations while up- lifting black businesses to higher standards. For more information and tick- ets, contact International Detroit Black Expo at (313) 961-2525. Get richer — Katie Maurer Event offers city contracting tips Detroit-based businesses can learn about getting access to $100 communications million in city contracts on Thurs- day at the Connections Forum 2006 at the Cobo Conference Center Riverfront Ballroom. The forum will also provide an for your business. overview of the city’s first micro- loan program for small businesses. Directors from Detroit depart- AT&T is the single source for voice services, Cingular Wireless®, Unified Messaging and high speed $ ments such as purchasing, human Internet with new, simple rates – customized for your small business, and consolidated onto rights, public works and water will 50 explain services they need from the one bill – online or paper. Call us and mention this offer. If we can’t deliver, we’ll send you a is yours if we business community and provide $50 gift card (details below). Either way, you win. With a consolidated communications package, can’t provide the information on bid requirements. communications or extra money to spend. Call an AT&T representative at 1-888-ATT-8339 to find out more. that you need.

CRAIN’S SEEKS HEALTH CARE HEROES Crain’s Detroit Business is seeking Or just nominations for Health Care Heroes, a special section Sept 4. Winners will be named in the following categories: ■ Corporate achievement in health care: Honors a company get richer. that has created an innovative health benefits plan or that has solved a problem in health care administration. ■ Advancements in health care: Honors a company or individual responsible for a discovery or for development of a new procedure, device or service that can save lives or improve quality of life. ■ Physician: Honors a physician whose performance is considered exemplary. ■ Allied health: Honors an att.com/simplify individual from nursing or allied health fields deemed exemplary by patients and peers. Limited time offer for new or existing, qualified small business customers with 1-10 voice lines within the AT&T (former SBC) local service area. One per business entity. To be eligible must mention the $50 A panel of health care judges will Gift Card Challenge. Gift Card Offer ends 6/30/06. If AT&T cannot provide long distance or high speed Internet or Unified Messaging or Cingular Wireless service to the customer’s business service address, choose the winners. Nomination the customer will be sent a coupon for a $50 gift card. Customer must have acknowledged interest in purchasing one of these products, and must be qualified to purchase the product, i.e., customer must forms are available at be credit eligible under AT&T or Cingular Wireless policies. Gift card will be payable to the order of business name on phone bill. Non AT&T customers may be required to prove business status to receive www.crainsdetroit.com. Click gift card, including business name and address, tax ID number, email address and billing telephone number. Other charges, restrictions, and terms and conditions apply. Gift card provided by affiliates “Health Care Heroes” under Crain of AT&T local telephone companies. Long Distance provided by AT&T Long Distance. AT&T Yahoo! High Speed Internet Service Business Edition provided by AT&T Internet Services. AT&T Unified Messaging Events. The deadline is June 21. provided by AT&T Messaging. Wireless services provided by Cingular Wireless. SBC and the SBC logo are trademarks of AT&T Knowledge Ventures. ©2006 AT&T Knowledge Ventures. All rights reserved. DETROIT BUSINESS MAIN 05-22-06 A 22,23 CDB 5/18/2006 3:36 PM Page 2

May 22, 2006 CRAIN’S DETROIT BUSINESS Page 23 BRIEFLY “The mayor’s objective is to cre- square feet. The hotel will be a West- 19000 Hubbard Drive. dent of David Communications. ate a process in which we can in- in-branded Starwood operation. The fourth annual workshop is “It’s a way for people to gain knowl- crease the percentage of Detroit Developers will construct a three- sponsored by Arab Detroit, a sub- edge and a positive perspective.” small business surviving in the story auxiliary building on the sidiary of Dearborn-based David Admission is $95 per person, city,” said Fredrick Payne, direc- north side of the hotel, to include a Communications. Arab Detroit pro- which includes the workshop, con- tor of the mayor’s office of targeted banquet hall, kitchens, swimming motes events to educate Americans tinental breakfast, lunch and business development. pool and fitness center, Gary about the Arab-American culture. workshop materials. Those inter- The forum will take place 8:30 Brown, project manager for the De- “It’s extremely important to dis- ested can register at www.arab pel the stereotypes that exist,” said detroit.com by May 28. a.m.-noon. Interested businesses troit Economic Growth Corp., said. The Siham Awada Jaafar, vice presi- — Katie Maurer can RSVP at www.targeted DEGC staffs DDA projects. businessconnection.com or by A Dallas-based Kimberly-Clark calling (313) 628-2827. Corp. subsidiary withdrew from a — Katie Maurer plan in 2004 that called for a $150 FRIEDMAN million renovation, but remedia- EXCEEDING THE STANDARD OF EXCELLENCE Mt. Clemens joins alliance tion and interior demolition work continued and is substantially Mt. Clemens has become the completed, Saulino said. 23rd community to join the Michi- Also approved by DDA Wednes- gan Suburbs Alliance, the organiza- The Book Cadillac agreement has day is a 528-space parking garage tion announced this month. 17 layers of financing. The city became part of the coali- east of the Book Cadillac at 150 tion of older, built-out suburbs in proved an agreement to redevelop Michigan Ave. To be built by an in- part to stimulate developer interest and renovate the Book Cadillac Ho- vestment group affiliated with Wal- by participating in the Suburbs Al- tel with JTMK-Cadillac Ltd., an Ohio bridge Aldinger Inc., the $17.4 million Wilshire Plaza North Wilshire Plaza West Crystal Glen partnership controlled by The Fer- 900 Wilshire Drive 1050 Wilshire Drive 39555 Orchard Hill Place liance’s Redevelopment Ready Com- structure will be bought by the Troy, Michigan Troy, Michigan Novi, Michigan munities program, according to a chill Group of Cleveland. DDA with spaces resold and leased *From 1,000 to 16,000 SF For Lease* *From 1,800 to 20,000 SF For Lease* *From 1,000 to 12,000 SF For Lease* Final closing is scheduled for news release. The Redevelopment for condominium owners’ use. Each Building Has Space Immediately Available For Lease. Ready program offers certification early June on all facets of the $175 — Robert Ankeny For Further Information on Any Availabilities, Please Call: and assistance to communities so million project, with 17 layers of fi- 248.324.2000 they can streamline administrative nancing, Ferchill attorney Antho- Exclusive Leasing and Management By: processes that developers face when ny Saulino Jr. of Butzel Long P.C. Arab cultural workshop May 31 told the DDA board. The project is planning projects. Dispelling stereotypes of Arab- expected to be completed by sum- 34975 W Twelve Mile z Farmington Hills, MI 48331 — Anjali Fluker Americans is the goal of a cultural mer 2008. WWW.FRIEDMANREALESTATE.COM The one-time 800-plus-room hotel, workshop May 31. Detroit DDA approves opened in 1925 and closed since “Images and Perceptions of Book Cadillac renovation deal 1984, is to be converted into 450 ho- Arab-Americans: Arab Bashing in tel rooms, with the top nine floors America: Fact or Fiction” starts at The Detroit Downtown Develop- converted to 67 condominium units 8:30 a.m. at University of Michigan- ment Authority on Wednesday ap- ranging from 750 square feet to 3,000 Dearborn’s Fairlane Center-South, ALastingTribute to aLifeWell Lived PRIVATE ESTATES AT RESURRECTION CEMETERY

Distinctive and prestigious, private estate mausoleums at Resurrection Cemetery ensure that a family’s community standing will be remembered for generations to come. The exclusivity of these elegant buildings provides completely private surroundings for your family to reminisce and remember, as the private family estate mausoleums are not open to the general public and can be accessed only by permission of the family.

For more information on these architecturally and historically important memorials, please call (800) 989-9020.

Clinton River Road at 17 Mile · Clinton Township

WWW.MTELLIOTT.COM

A Member of the MT. ELLIOTT CEMETERY ASSOCIATION DETROIT BUSINESS MAIN 05-22-06 A 24 CDB 5/18/2006 3:44 PM Page 1

Page 24 CRAIN’S DETROIT BUSINESS May 22, 2006 Court OK could make GM top Delphi shareholder

BY DAVID BARKHOLZ tomaker would have to decide reliance on GM sales. Delphi has AND ROBERT SHEREFKIN whether to hold or sell its stake in asked the Bankruptcy Court to CRAIN NEWS SERVICE We can’t ultimately decide how the claims a smaller, more-profitable Delphi cancel 5,472 unprofitable parts “ after it emerges from Chapter 11 contracts with GM. General Motors Corp. could are valued. But to say these claims are not sometime in 2007. Meanwhile, GM wants to shift emerge as Delphi Corp.’s largest valid — we clearly disagree. The executive says he doubts GM about $4.5 billion a year in Delphi shareholder when the automotive ” would want to control Delphi in a purchases to other suppliers. supplier leaves Chapter 11 reorga- keiretsu-style relationship. In a It’s too early to tell what GM’s Jerry Dubrowski, General Motors Corp. nization. Japanese keiretsu, suppliers are hypothetical equity stake in Del- GM, which spun off Delphi in partially owned and controlled by phi might be worth. But GM may 1999, expects to spend at least $5 costs as unsecured debt. Accord- Chapter 11. the automaker that buys their have found a creative way to re- billion on early retirement buy- ing to a senior GM executive who There is a big “if” involved: U.S. parts. cover at least part of the cost of the outs and health care expenses for requested anonymity, the au- Bankruptcy Judge Robert Drain A GM stake in Delphi would be bailout. 13,000 hourly Delphi workers. tomaker hopes Delphi’s unsecured must approve it. If the court con- highly ironic. After GM spun off An indemnity clause in Delphi’s The automaker has asked the debt will be converted into equity verts Delphi’s debts into equity, Delphi in 1999, the supplier spinoff agreement allows GM to U.S. Bankruptcy Court to treat those when the supplier emerges from the GM executive said, the au- worked aggressively to reduce its charge the supplier for retirement health care costs when Delphi workers return to GM. The au- tomaker expects those health care claims to total $4 billion. If Drain allows it, GM would add those unsecured claims to $1 bil- lion in expenses it incurred when THE CONTINENTAL FLYING SPUR. 7,000 Delphi workers returned to GM before the bankruptcy. “Flying High.” - Motor Trend * GM’s $5 billion claim on Delphi would dwarf the $3.5 billion held by the supplier’s other bondhold- “ ’ ” Quite simply, there s no faster, more comfortable way of crossing a continent this side of a private jet. ers and creditors. In documents submitted to the U.S. Securities and Exchange Com- mission, GM has said it expects the Delphi bailout to cost $5.5 billion to $12 billion. “GM has an opportu- nity to make out OK,” said Kevin Tynan, an analyst with Argus Re- search Group in New York. The ownership issue will be- come clearer when Delphi intro- duces a proposal to recapitalize it- self. Creditors must approve such a plan, and other creditors and stakeholders will try to prevent GM from diluting their own future ownership of a restructured Del- phi. “It would be premature to specu- late on what the reorganized Del- phi will look like or GM’s role in it,” Delphi spokeswoman Claudia Piccinin said in an e-mail response to questions. Opponents include billionaire investor David Tepper, whose Ap- paloosa Management L.P. hedge fund bought 9.3 percent of Delphi’s stock just days after the supplier filed for Chapter 11 on Oct. 8. Ap- paloosa bought 52 million shares; according to The Wall Street Jour- nal, it paid 32 cents a share for a to- tal investment of $16.6 million. The poise of all-wheel drive.The performance of a 552 hp twin-turbocharged 6-liter 12-cylinder engine. Tepper hopes to convince the The passion of a British handcrafted interior in leather and wood. All in an exceptionally spacious, bankruptcy court that Delphi’s seductively beautiful four-door from Bentley. It could only be the new Continental Flying Spur. current shareholders should re- tain their stake after the company reorganizes. Typically, common ’ ’ ’ We re flattered by Motor Trend s verdict, but it s your opinion that really matters. shares of a bankrupt company are Drive the new Continental Flying Spur at Bentley Troy and experience it for yourself. rendered worthless because no money remains after debts are paid. And if Delphi’s debts are con- verted into equity, Tepper’s stake in the supplier would be watered down. Tepper’s lawyers have op- posed GM’s claims on the grounds that they may exceed Delphi’s le- gal obligations to pay. GM spokesman Jerry Dubrow- BENTLEY TROY ski said GM will fight to recover its costs like all other unsecured Delphi creditors. 1755-B Maplelawn Drive, Troy, MI 48084 Tel 866 830 1122 Fax 248 643 0069 “We can’t ultimately decide how www.bentleymotors.com/bentleytroy the claims are valued,” Dubrowski said. “But to say these claims are © 2006 Bentley Motors, Inc. *July, 2005. not valid — we clearly disagree.” From Automotive News DETROIT BUSINESS MAIN 05-22-06 A 25 CDB 5/19/2006 11:27 AM Page 1

May 22, 2006 CRAIN’S DETROIT BUSINESS Page 25 Post-surgery home workouts add sales for NuStep

BY SHEENA HARRISON “Our pricing is very competi- petitive with two new products CRAIN’S DETROIT BUSINESS tive,” Steve Sarns said. “I think and services that will be intro- The NuStep can accommodate almost we’re right where we want to be.” duced this year, said Steve Sarns, Shorter hospital rehabilitation “ Scifit Systems Inc., a competitor who did not give details. programs for cardiac and joint-re- anybody that walks through our door. based in Tulsa, Okla., believes The company also is forecasting placement patients seem to be ” NuStep’s pricing may be the key to growth as the United States, Japan translating into increased sales for Chris Eubank, Glacier HIlls Retirement Community its increasing home sales. Scifit’s and other countries are dealing NuStep Inc. machines sell for $4,195 and up, with aging populations, Steve The Ann Arbor-based company dents because they can exercise walks through our door.” and cater more toward physical Sarns said. makes a recumbent cross-training without fear of losing their balance. As other companies have begun therapy and rehabilitation cen- “Every developed country is fac- exercise machine called the TRS “We need something that can ac- making similar recumbent train- ters, said Corey Disler, vice presi- ing an older population, and the 4000. The machine’s reclined seat- commodate our most fit (resi- ers, NuStep has worked to differ- dent of sales. need is to keep people active and ing position is aimed at reducing dents) to someone who’s just be- entiate itself through machine fea- “They probably have a better op- productive as long as possible,” stress on joints and allowing pa- ginning an exercise program,” tures and price, which is $3,495 a portunity to sell to the home mar- Steve Sarns said. tients to keep their balance while Eubank said. “The NuStep can ac- unit. It is sold at a discount to ket,” Disler said. Sheena Harrison: (313) 446-0325, receiving a workout. commodate almost anybody that home consumers. NuStep is working to stay com- [email protected] “It’s like sit-down walking that utilizes all the major muscles in the body,” said Steve Sarns, vice president of sales and marketing. NuStep expects sales of $20 mil- lion this year, up from $16.5 mil- FIFTH THIRD PRIVATE BANKING lion in 2005. People buying ma- chines for their homes are expected to make up 33 percent of sales, while 25 percent of sales will come from rehabilitation units, hospital fitness centers and other health care entities. “Knowledge of the The company’s customer demo- graphic has shifted in recent years. In 2004, about a quarter of NuStep machines were sold to home users. Sarns said that as pa- business world matters.” tients are staying for shorter peri- ods in hospitals — many of which include NuStep machines in their rehab centers — they’re looking – Leo D. Maxbauer for ways to continue working out. “The centers are going part way in the restorative process, and it’s Senior Managing Director up to the patient to continue at home,” Sarns said. NuStep was created in 1987 by Steve Sarns, President and CEO Dick Sarns, and Mark Hilde- brandt, vice president of research and development. Dick Sarns, Steve’s father, had just finished selling his stake in Sarns Inc., which was founded in 1960 and made heart-lung ma- chines — including one used in the world’s first human heart trans- plant in 1967. Sarns Inc. was sold to 3M Co. for an undisclosed amount in 1987, and was later sold to Terumo Corp. The firm remains in business in Ann Arbor today. “We’re proud of the fact that the company is still in existence,” said Dick Sarns, who is not tied to the company anymore. In his heart-lung work, Dick Sarns decided to create exercise equipment that could counter heart disease. Steve Sarns and Hildebrandt both have master’s degrees in exercise physiology Call Leo Maxbauer from the University of Michigan, and helped him develop NuStep’s first recumbent cross-trainer. today at 248-603-0519 The motivation was to help peo- ple improve their health who may be limited from using traditional machines by age, excess weight or surgery. “You had people who wanted to exercise and they weren’t able to do it,” Steve Sarns said. “That was really the driving force of this whole concept.” Glacier Hills Retirement Community in Ann Arbor has five NuStep ma- chines in its wellness center. Well- ness Coordinator Chris Eubank said the machines are popular Fifth Third and Fifth Third Bank are registered service marks of Fifth Third Bancorp. Member FDIC. Equal Housing Lender. among the community’s 400 resi- Page 26 CRAIN’S DETROIT BUSINESS May 22, 2006

Confidential Reply Boxes Available Call Us For Personalized Service: See Crainsdetroit.com/Classifieds (313) 446-6068 CRAIN’S CLASSIFIED for more classified advertisements See our Classified ads on www.crainsdetroit.com FAX: (313) 446-1757 MAIL: Classified Advertising, Crain’s Detroit Business, CLOSING TIMES: Monday 3 p.m., PAYMENT: All classified ads must be prepaid. E-MAIL: [email protected] 1155 Gratiot Ave., Detroit, MI 48207-2997. one week prior to publication date. Checks, money order or Crain’s credit approval INTERNET: www.crainsdetroit.com/classifieds Include name, company, address and phone number. Please call us for holiday closing times. accepted. Credit cards accepted.

ANNOUNCEMENTS & FINANCIAL SERVICES BUSINESS OPPORTUNITIES SERVICES Business Opportunities ADVERTISING SERVICES Who Dunit? Cottage Inn Cafe Classy Chassis

Writing & Production Building, business, Ann Arbor - owner Ad Campaigns liquor license and would consider short Professional Speaking land included in term Land Contact. sale price. Great Sale: $1,500,000. Chicago: 312 • 280 • 0024 Washtenaw Avenue location for Canton - Great income property. Collect Detroit: 734 • 747 • 6266 family restaurant or retail business. rent from Victory Lane & Spray both. Site www.DrCarolDunitz.com Carol Dunitz,Ph.D. Close to Eastern Michigan approved for two outlots. Maybe split. University. Sale: $1,290,000 Sale: $3,800,000. COACHING James Chaconas, CCIM LIFE & BUSINESS COACH (734) 769-8520 x651 Let me help you achieve your personal and professio - nal goals. Karen Colby Weiner, J.D., Ph.D. 248-353-1020 or email at [email protected] INVESTMENT OPPORTUNITIES AVIATION

COMPUTER SERVICES ATTENTION INVESTORS! Without the services of an aggressive Realtor you are missing out on some of the best deals on HUD, Bank and REO foreclosures in the state. Call today for a complete up to date list of homes. The Mike Deising Group with Real Estate One Blue Water. Mike 810-966-3230 or Nick 810-966-3233 FINANCIAL SERVICES RESTAURANTS EQUIPMENT & COMMERCIAL MORTGAGES & SALE LEASEBACKS DON VARGO is Alive & Well and MERCHANDISE Refinance now for better rates or cash Still Cooking up the Best Soft Shell OFFICE FURNITURE $500,000 to $20 million loan size Crabs & Lamb Chops Daily at Call (810) 767-7955 Absolutely Must be Sold Due to Warehouse Read Dunn LONGSHOTS BAR & GRILL! Relocation!! Workstations/Cubicles, Private Office Great Lakes Real Estate Furniture, Files, Chairs, & More! No reasonable offer [email protected] Plus all the Beautiful Vargo refused. Call 734 - 564 - 1239 MUST SELL, OFFICE CLOSED Girls to Serve You! Desks $99, Chairs $39, Files $49, Partitions $50, Lateral Files $99, Cubicles, Office Phone Systems TELECOMMUNICATIONS CREATIVE COMMERCIAL FINANCING CALL DON VARGO Call (248) 548-6404 or (248) 474-3375. Formerly Vargo’s of Livonia WE HAVE USED PHONES We approve the loans your bank won’t! TELECOMMUNICATIONS Nortel, Lucent, phone systems. Almost any new or CONSTRUCTION and the 1940 Chophouse used phone available. Expert installation available. Hunter’s Mortgage Corporation LUCENT . . . AVAYA. . . PARTNER. . . Call (248)548-6404 MAGIX. . . VOIP. . .LEGEND . . . S TEEL B UILDINGS 248 - 706 - 1513 313-533-9350 MERLIN. . .SPIRIT Systems/Parts New/refurbished. Crain’s Classifieds Gets Results “Our Reputation is Omnicall Equipment Corp. (248) 848-9282 Built on Customer Satisfaction” BUSINESS & BIG FACTORY DEALS INSURANCE INVESTMENTS SAVE $$$$ Commercial Multi-Purpose Blue Cross Is Affordable! Shop & Utility Coverage includes hospitalization, diagnostic testing, BUSINESSES FOR SALE Buildings maternity, & prescriptions. No Deductible. For details Hundreds of Sizes Available! Complete Turnkey! Call Gary Begdorian (248) 547-7400 (800)531-1916 NEW CAR WASH FOR SALE 5 wand bays, 1 automatic. Approx. 2005 sales GALLAGHER BUILDING, INC 586-946-5738 $200,000. Flint Twp, East of Bishop Airport. CRAIN’S EXECUTIVE RECRUITER MANUFACTURING SERVICES Price Reduced to $1,200,000 CONSTRUCTION MANAGEMENT AVAILABLE Great Lakes Real Estate 810-767-7955 Successful, Mature Business. Turnkey. Nationwide CONSTRUCTION FINANCE CONSULTANTS Sales Network in Place. Established Relationships w/Chinese Factories. Complete Inventory. Warehouse and Staff Avail. for Receiving, Storing Director Of Construction Chief Financial Officer - and Shipping Products. 586 - 419 - 7802 We are currently seeking a Professional Logistics Operations Small, Well-Established, Light Industrial Business. Construction Management Executive that CNC Spindle Repair Located near Rochester. Shows a good profit. believes in hands on management. We are an Nationwide 3PL with diverse logistics ✓ All Makes & Models Owner Retiring. Asking only $200,000. international conglomerate with facilities and operations at multiple facilities Call 248 - 459 - 6840. projects throughout North America. throughout North America is seeking OOF ✓ Best Service & Warranty! SEM Recording Studio For Sale. qualified candidates for the position of The selected candidate will have a degree in 4,000 SF. Professionally Built. Chief Financial Officer-Logistics ´ZRUNLQJWRJHWKHUWRGD\IRUWKHIXWXUHRIWRPRUURZµ construction management, accounting, or Call: 248-888-8989 State of the Art Facility/Permanent Location. business related education. Additionally, it is Operations. 586 - 321 - 3936 necessary for the individual to have a proven %XVLQHVV8WLOLW\&RQVXOWDQWV Email: [email protected] Health Food Stores For Sale. track record of construction management, Ideal candidate will have a Bachelor’s 8WLOLW\$XGLWLQJ On Grand River. project management, scheduling, estimating, degree in Finance or Accounting (or &RVW5HGXFWLRQ5HFRYHU\ Visit our website: www.setcousa.com Brighton & Fowlerville. purchasing, contract negotiations, sub-contract related business degree), minimum 4 %LOO&RQVROLGDWLRQ 810 - 333 - 5039 Kathleen administration, zoning, and building code years experience as a CPA, thorough process management. 5HIXQGV&UHGLWV ARCHITECTURAL WOODWORKING understanding of Sarbanes Oxley MANUFACTURER- 15 employees-custom designed, regulations, and experience in dealing 'HUHJXODWHG6HUYLFHV PHOTOGRAPHY This is an outstanding opportunity for manufactured & installed commercial fixtures-bars for professional and financial growth for an with IPO’s and SEC requirements. (OHFWULF‡*DV‡7HOHFRP restaurants and lounges - 616-940-3666 individual that strives for a challenge every day. Qualified candidates interested in this 6\VWHP V (QKDQFHPHQW Publicity GOLF COURSE, 27 Holes, 248 acres including Send your resume to: Midwestern headquartered corporate &R*HQHUDWLRQ2Q6LWHSRZHU Development Land, Club House with Pro Shop, opportunity are invited to submit Bar, Banquet Room and Executive Offices. %DFN8S*HQHUDWLRQ6\VWHPV Photos MRM Director credentials to: Tom Hyek & Company (586) 726 - 7616 P.O. Box 1247 6\VWHPV8SJUDGH5HWURILWV Bruce Giffin Warren, MI 48090 [email protected] BUSINESS OPPORTUNITIES  3%-OOF 313.359.3319 fax: (586) 755-5607 Please include Reference Code: CFO [email protected] VDYH#SEMOOFQHW www.brucegiffin.com GREAT BUSINESS OPPORTUNITY Be your own Boss, be independent, operate and control your own destiny. We are pleased to offer for Please include source code: MRM Director sale a 40-year old family run construction equipment REAL ESTATE FOOD SERVICE TELECOMMUNICATIONS business. Located in a high traffic up-scaled No attachments please. Include resume in the community. Never lost money! body of the email. Call for a confidential meeting. LEASING COMPANY CONNECTIONS OF DETROIT REAL ESTATE LEASING MANAGER 248.538.7144 MANAGEMENT National Real Estate owner seeking aggressive, Automation and Technology Manager highly motivated person with leasing experience. United States District Court in Detroit Ability to market and rent space in a Landmark, Michigan - Automation and Technology Manager Vacancy Announcement @ Signature "A" Building in the Downtown Area. Business Brokerage - Mergers & Acquisitions http://www.mied.uscourts.gov. EOE. Salary plus incentive. Valuations - Sealed Bid Auctions - Consulting Responsible for all automated systems in the court and managing entire automation staff. Send resumes with salary 12821 S. Saginaw, Suite D13, Grand Blanc, MI 48439 history to: [email protected] CRAIN’S CLASSIFIEDS WORK! To Place Your Ad Call (313) 446-6068 or Fax (313) 446-1757 Toll Free: 888-694-9520 - www.legacy-assurance.com Crain’s Classifieds Gets Results May 22, 2006 CRAIN’S DETROIT BUSINESS Page 27

See Call Us For Crainsdetroit.com/realestate Personalized Service: for more real estate (313) 446-6068 advertisements CRAIN’S REAL ESTATE

AUCTIONS OFFICE SPACE OFFICE SPACE

Sterling Heights- Beautiful office building for sale or lease. Dequindre & 15 Mile Rd. From 5,000 to 15,000 SF for lease. Parking for 90 cars. Excellent Price. REAL ESTATE AUCTIONS / JUNE 6, 2006 La Hood Realty (313) 885 - 5950 1:30 PM ~ Westin Hotel ~ Southfield, MI REWARD WOODWARD - MAPLE/BIRMINGHAM Huntington Bank Bldg. 2,600 sq. ft. for lease on 1st fl., marble reception area, mahogany offices. Also, Our Knowledge is your Property 3rd fl., 3,000 sq. ft. Class A Bldg. Broker 1-248-642-4488 45657 Port St., Plymouth Twp. 26029 W. 8 Mile Rd., Redford 9855 S. Front St., Mancelona 24101 Hoover Rd., Warren 151 S. Industrial, Saline $175 PART-TIME OFFICE Office Usage, Phone Answering, Internet and More!! $1,000,000 www.americenters.com 800-446-4444 102 KERCHEVAL FARMS BLOOMFIELD HILLS OFFICE SPACE For Lease- Prime Office Space Under Construction Approximately 3300 Sq. Ft. CALL CONNIE DUNLAP Reserve $2,900,000 Unpublished Reserve Reserve $445,000 Reserve $295,000 Reserve $2,575,000 29,500 SQUARE FEET BOLTON-JOHNSTON ASSOCIATES Property Preview Date: Property Preview Date: Property Preview Date: Property Preview Date: Property Preview Date: 313 - 570 - 7515 Thurs 2-5 PM: 05/25/06 Thurs 11AM-1PM: 05/25/06 No Date Scheduled Wed 11AM-1PM: 05/24/06 Fri 12-3PM: 05/26/06 Sign a long term lease for this HAMILTON BUSINESS CENTER Executive Suites starting at $300.00/month 2642 Princess, Inkster 1939 Northfield, Rochester Hills 2263 Elizabeth Lake Rd., Waterford 21540 W. 11 Mile Rd, Southfield 25601 W. 8 Mile Rd., Redford space and receive T-1 Internet Available - Prestigious Farmington Hills Address. Flexible lease terms. 248-324-3600 $1,000,000 toward: ~ Tenant Buildout ~ Moving RETAIL SPACE Expenses ~ Furniture ~ Free Rent Retail spaces available in downtown Ann Arbor’s Kerrytown. (ONE) 1220 s/f, sits directly across from a ~ Employee Trips to Tahiti strong local anchor tenant, (TWO) 1,700 s/f in prime Reserve $265,000 Reserve $1,750,000 Reserve $500,000 Reserve $625,000 Reserve $368,000 location, lots of display windows, both amongst 20 Property Preview Date: Property Preview Date: Property Preview Date: Property Preview Date: Property Preview Date: ~ New Cadillac for the Boss independent, upscale retailers, restaurants & Fri 1-4PM: 05/26/06 Thurs 12-3PM: 05/25/06 No Date Scheduled Wed 12-3PM: 05/24/06 Fri 11AM-1PM: 05/26/06 markets. Come see what brings the community down Call: Denise Zahul or to Kerrytown every week! Attractive and convenient location. Brokers protected. For information call: For brochure, terms of sale and bid packet, call Bill Allen: 800.541.1610 Tom Beeler 734-662-5008 or [email protected] or Chateau Management Available Space for Lease- and Realty, Inc. Westland Plaza Located on Wayne Rd. Visit our websites: www.colliersauctions.com & www.colliers.com Near Ford Rd. Excellent Rate. La Hood Realty (313) 885 - 5950 COMMERCIAL PROPERTIES COMMERCIAL PROPERTIES (248) 642-7100 Advertise your goods and services in CRAIN’S EXECUTIVE MOBILE HOME PARK: 48 pads, 37 acres, 1,000’ Other, Smaller Space Available water frontage on the Huron River. Zoned Marina. Crain’s Detroit Business Outside Brokers Welcome RECRUITER WORKS! Gross $207,600. Net $137,000. Price $1,950,000. L.C. Terms Avail. Call Zanglin & Associates 734-675-7500 Live, Work Village of Milford. and Play. Retail or Office Space for Lease. 1200 SF. $1400/Month 248.258.8887 810 - 333 - 5039 Kathleen CRAIN’S RESIDENTIAL PROPERTIES REAL ESTATE SALE - LIMITED TIME DEVELOPMENT PROPERTY RECREATIONAL PROPERTY RESIDENTIAL PROPERTY APPROX. 5.0 ACRES - BLOOMFIELD TWP, MI West Side of Telegraph, Between 14 Mile & Maple from the $300s FOR SALE 152 +/- ACRES LINDEN SCHOOLS CLARE COUNTY: 320 acres, Grosse Pointe Woods - Executive Leaving Country. Zoned residential, includes 44 acre lake. Close to 6000 sq. ft. furnished lodge, Large 3-Bedroom, 2.5 Bath Ranch. W/Bsmt. & Att. . Prime In Fill Development Property airport and freeways yet very secluded. $1,999,000 stream, food plots, tower blinds, Garage. Overlook Golf Course. $2,150 Rent The Michigan Group, Lisa Kenney at 810-287-1143. $1,600,000., 1031 INC. 616-774-1031 W/Option to Buy. Extras/Details: Call (586) 286 - 2330. . Dimensions 271’ x 810’, Zoned R-1 www.etonstreetstation.com . Sealed Bids Due by June 2, 2006 LUXURY PROPERTY INDUSTRIAL PROPERTY . Utilities at Site Owned by Michigan State University 24,000 S.F. Bldg. For Lease. Mfg./Distrib. in Burt . Indust’l Pk. (I-96/Telegraph), Very Clean, Dry, Well- For more information, contact: Maint., Docks, Truck Parking, EZ Freeway Access. John Fricke - [email protected] (248) 356 - 5466 Signature Associates - 248.948.4182 Principals Only - No Co-Brokerage Agreements will be Recognized AVAILABLE NOW 4,000 to 100,000 sq. ft. Also 10,000 & 25,000 sq. ft. CRAIN’S Free Standing Bldgs w/truckwells. 1 Mile from Metro Airport EXECUTIVE REA CONSTRUCTION (734) 946-8730 Also Heavy Industrial RECRUITER Land Available www.reaconstruction.net MANAGEMENT INVESTMENT PROPERTY President & CEO 3 Profitable Golf Courses. 2 on 310 acres near Ann Arbor Area Chamber of Commerce Lansing on major highways w/ development potential. seeks dynamic, creative and focused 3rd in Oakland Cty is desirable, upscale course w/ full executive to lead 1,400 member amenities. business organization and staff of 13. Qualified parties call Bill Sawyer (203) 625-0900. Change agent with business and leadership skills in driving revenue and value growth is a plus. Successful candidate will have excellent communication interpersonal and public speaking skills, sales expertise and demonstrated ability to develop partnerships, collaborations and work with corporate CEOs, government officials and community organizations. Bachelors in business, communications or related field required. Competitive salary and benefits package. See www.annarborchamber.org for more details. Submit resume and cover letter by June 2 to Geoff Crosbie email (preferred) at [email protected] or: Ann Arbor Area Chamber of Commerce Confidential President Search, Geoff Crosbie 425 S. Main Street, Suite 103 Ann Arbor, MI 48104 DETROIT BUSINESS MAIN 05-22-06 A 28 CDB 5/19/2006 11:22 AM Page 1

Page 28 CRAIN’S DETROIT BUSINESS May 22, 2006 CRAIN’S RESIDENTIAL PROPERTIES Region’s unemployment down, DEVELOPMENT PROPERTY but the labor force is smaller BY AMY LANE CAPITOL CORRESPONDENT UNEMPLOYMENT RATES LANSING — ’s unemployment 2006 2005 rates slid in 2006’s first quarter, but it’s not the good County 1Q 4Q 1Q news you might think. Livingston 5.5% 4.8% 5.8% In nearly every county and for the region as a Macomb 7.0% 6.2% 7.6% whole, unemployment rates dropped from a year ago as the labor force shrunk. Oakland 6.0% 5.3% 6.2% The reasons could be many: Some people may have Washtenaw 4.5% 3.6% 4.6% returned to family obligations or school, while others Wayne 8.6% 8.1% 9.3% simply may have given up actively seeking employ- State 7.2% 6.0% 7.7% ment in a region that has been hit hard by manufac- Source: Michigan Department of Labor and Economic Growth turing-related employment volatility and job loss, said Jim Rhein, labor market analyst with the Michi- gan Department of Labor and Economic Growth. Michigan’s unemployment rate dropped from 7.7 “With a labor market that has been less than posi- percent to 7.2 percent in the January-to-March quar- tive, you get more movement with those who are not as ter of 2006, compared with a year ago. Even though attached,” Rhein said. “If people aren’t readily finding Michigan still has one of the highest jobless rates in employment, you get a little more withdrawal.” the nation, the decline is “a positive,” Rhein said. In the first quarter, the six-county Detroit metro- For April, however, data released last week showed politan statistical area, which encompasses Wayne, the state’s jobless rate of 7.2 percent was up from 6.9 Oakland, Macomb, Lapeer, Livingston and St. Clair percent in April 2005. In the Detroit area, the new counties, registered a half percentage-point decline in April data show a glimmer of optimism: The region’s its jobless rate, from 7.9 percent in first-quarter 2005, 7.4 percent unemployment rate for the month was un- to 7.4 percent in 2006. CONDOS RECREATIONAL PROPERTY changed from a year ago and the labor force declined The area’s labor force dropped by about 26,200 peo- only slightly. ple, as both the number of employed and unemployed Manpower’s most recent survey of employer-hiring Premiere 2-Bed, 2-Bath, Luxury Executive NORTH CAROLINA people declined. expectations, conducted in 2006’s first quarter, found Condos. Located in The Birmingham Place. Has MOUNTAINS Denise DeSantis, branch manager and Southeast access to downtown amenities and great Michigan spokesperson for Manpower Inc., said she’s area companies planning to add jobs in the second investment opportunity. Both condos have seen the tough choices and challenges both groups of quarter, but in reduced numbers compared with a renters. For more information, please contact: year ago. John at 248 - 670 - 6602 people face. Some jobseekers are in such financial straits that DeSantis said employers are keeping their work- “it almost seems that people have stopped dreaming forces lean and cross-training employees to “wear LUXURY PROPERTY and asking for the jobs they’re qualified for, and many hats.” And those that are hiring are being they’ll take anything,” she said. choosy and doing more background checks, testing Open Sunday 1 - 4, Grosse Ile 2500 SF. Brick. Colonial. 18 X 28 Great Room. 200’ Workers who are still employed but facing lower and assessing of prospective hires. View/Canal. Dining Room. Fireplace. Hard Wood A spectacular new mountain development in pay and benefits are assessing their marketability “There’s too many people vying for the position, Floors. Oak Kitchen. Granite. Pergo Floor. Stainless Western N.C. 1 to 7 acre parcels available and prospects in other states, DeSantis said. And she Appliances. Basement. 2-Car Attached Garage. Air. with magnificent mountain views!! $39,900 and they want to make sure they have the right fit,” Newer Windows, Siding, Roof. Needs nothing! to $89,900. Paved roads & underground said people looking at coming to Michigan may have she said. $249,900. 734 - 558 - 4752 utilities. Also available are new Log Cabins good employment prospects for themselves but are Southeast Michigan continues to shed manufactur- on 1 to 2 acre sites $89,900 to $132,900. concerned about their spouses’ ability to find work. ing jobs. In the first quarter, the region tracked with 18 ACRE LAKEFRONT HOME! Easy to finish two story, cozy chalet style Last week, economists at Michigan’s semiannual homes built on 3 foot crawl space state trends and showed declines in manufacturing revenue-estimating conference predicted the state foundations or full basements. employment but gains in educational and health ser- will continue to lose jobs this year and next. They pro- Call for free information. vices, compared with a year ago. 828-247-0081 jected a statewide unemployment rate of 6.8 percent this year and a 7 percent rate in 2007. The region lost 14,000 manufacturing jobs, a 5 per- Nonetheless, Rhein said the state has shown some cent drop from first-quarter 2005. But it added 3,000 improvement. The department’s most recent quarter- jobs in educational and health services professions. WATERFRONT PROPERTY That sector’s 1.3 percent increase topped the state’s 5 Bedrooms, 4100 Sq. Ft., 3½ Bath. Private ly data show Michigan’s total labor force has expand- gain and is driven by strong, “across-the-board” island, sandy beach, pole barn. 18 acres of Harrison Township- Beautiful New Construction. ed by 25,500 people during the last year, as more peo- 4000 SF. 4 Bedroom, 4 Bath, 3 Car Garage. Beautiful ple have found jobs and unemployed ranks have growth in health care employment, Rhein said. wooded rolling hills on private all sports lake. Lake Views. Deep Water Docking. $525,000. Only 2 Left! dropped. Amy Lane: (517) 371-5355, [email protected] Pinckney - minutes from Ann Arbor or 586 - 489 - 8939 Brighton. Visit www.8327walkabout.com LEXINGTON, MI $995,000 Rarely Available 2- bedroom, 2-bath condo. Overlooking Lake Huron & the marina. Gated Robert Zdanowski Community. $349,900 586 - 419 - 7802 734-891-6300 Beautiful Lakefront Estate Lots in Brighton Businesses plan Michigan expansions on large All-Sports Woodland Lake. New exclu- sive lakefront community on scenic peninsula with only 10 lots. Paved private road with ele- BY AMY LANE pansion of Shikoku Cable Co.’s Novi million state tax abatement and an gant entrance. Each lot approx. 1 acre with CAPITOL CORRESPONDENT sales operations. The company $8.6 million property-tax abate- min. 160’ of frontage. Sewers. Brighton manufactures coaxial cable for the ment from Plymouth Township. Schools. Excellent access to X-ways. Have LANSING — Gov. Jennifer satellite and cable TV industry. Also in Southeast Michigan, the "up-north" lakefront living minutes from work! Granholm on Tuesday announced WATERFRONT PROPERTY She and the Michigan Economic MEGA board approved a $5 million NOW TAKING RESERVATIONS business expansions in Southeast Development Corp. also announced Call Vantage Construction Co. @ 810-220-8060 single-business tax credit toward a Executive Waterfront Condo Michigan and throughout the other Michigan projects that on Sale or Lease with Option. 2+ Bedrooms, 2 Baths, state, including new investment $150 million Toyota Motor Corp. re- Garage, First Class, Free Boston Whaler Included! Crain’s Classifieds Gets Results Tuesday won tax breaks to secure Immediate Occupancy. Reasonable. Jack 586 - 783 - 7893 from Japan, where she was on a corporate investment. search and development center. three-day mission. One project is in Plymouth Toyota Technical Center USA Inc. The Japanese projects in Michi- Township, where auto supplier Co- will use the tax credit to demolish gan entail $33.9 million in invest- mau Pico plans to consolidate 13 of buildings and prepare the former ment and 153 new jobs. They in- its operations into a site of the Ypsilanti Psychiatric Hospi- clude: new North American headquar- tal, in York Township, for the new ■ A $10 million, 50-employee ex- ters and manufacturing campus. center. pansion by electrical equipment DeMattia Group will develop the The state had previously ap- manufacturer Meiden America Inc. $100 million-plus site, which will proved an incentive package of The company currently has a sev- be leased to Comau Pico. The pro- more than $38.9 million to secure en-employee office in Novi. ject will create 197 new jobs. the expansion, which is expected ■ A $700,000, 20-employee expan- The board of the Michigan Eco- sion of the Farmington Hills engi- nomic Growth Authority granted a to create 400 jobs. The state com- neering operations of automotive $7.6 million single-business tax pleted the $11 million land sale to seating manufacturer Tachi-S Co. credit for the project. According to Toyota in late April. Ltd. a state MEGA briefing document, Amy Lane: (517) 371-5355, ■ A $250,000, two-employee ex- other assistance includes a $2.5 [email protected]