20090202-NEWS--0001-NAT-CCI-CD_-- 1/30/20096:04PMPage1 ©Entire contentscopyright2009byCrainCommunicationsInc.Allrightsreserved passed byCongress. stimulus packagesuretobe mortgage ratesandafiscal reduction ingasprices,low though, thankstothesharp for 2009aren’tentirelybleak, this year. gains, willgetworselater economy, dwindlingwage prong intheattackon budgets.” state andlocalgovernment ports, capitalspendingand sector, ithasspreadtoex- From itsrootsinthehousing Johnson wrotethatthere- pression. longest sincetheGreatDe- which wouldmakeitthe downturns of1973and1981, longest sincethe16-month almost certaintobecomethe said thecurrentrecessionis economist for Recession iswidening Comerica economist: Johnson
NEWSPAPER www.crainsdetroit.com Vol.25,No.5 Inside This JustIn Page 3 to fiscalrecovery, Rehab agencyontheroad Page 3 mean highertaxes, debtcould State’s UI Dana Johnson Johnson saidtheprospects Johnson saidanother In aneconomicbrief, See ThisJustIn,Page2 — TomHenderson Comerica Bank , thechief breadth. gaining in traction is “the con- Worse, abating.” signs of “shows no old, months ready 13 cession, al- , important, ManagingPartnerJeff Michigan. Andwhilethestudiois manent movieinfrastructurein ries ofmovesbyS3tocreateaper- what someoneelsedoes.” state’s filmindustry. group thatlobbiesonbehalfofthe tion Alliance and directorofthe Mark Adler,ownerof businesses tobelocated. to beago-toplaceforfilm-oriented gets of$40millionandbothexpect spring. construction onitsprojectby 23rd StreetStudios a short-listoftwosites.InDetroit, narrowed itssearchforastudioto based studio complex. are vyingtohavethestate’sfirst film industrygrows,twogroups to have1ststudio 2 groupsshooting movies Motown studio siteat23rdandMichigan. Sinanis of23rdStreetStudioshavea Christos Moisides(left)andMichael A studiowouldbepartofase- “Everyone iswaitingtosee “These arethepioneers,”said Both projectshaveinitialbud- In OaklandCounty,Ferndale- As momentumforMichigan’s CRAIN’S DETROITBUSINESS NATHAN SKID/CRAIN’SDETROITBUSINESS B S3 EntertainmentGroup Y AND D ANIEL , aNovi-basedtrade See Movies,Page19 B ILL D Michigan Produc- expects tostart S UGGAN HEA VAI Digital has FEBRUARY 2–8,2009 Revamped company looksfor nextLipitor second spantoreplacetheold building a$1billion,six-lane old AmbassadorBridgeandis Moroun, whoownsthe80-year- land baronandtruckingtycoon itself justamileaway. while seekingtobuildtheother funding infrastructureatone which includeMichiganjointly multaneous bridgeprojects— portation pair of tus inrecentweeks,thankstoa Detroit Rivercrossings. ward competingbillion-dollar make incrementalprogressto- ernments continuesasboth international coalitionofgov- tween ManuelMorounandan director ofbiology,watches. while ClayCramer,Esperion’s a pipettetotransferliquidinto vial Esperion’s biologydepartment,uses Steve Pinkosky(left),ascientist in between state,Moroun Bridge duelcontinues both spans gives nodfor Government Esperion huntsbiotechbargains On onesideisGrossePointe The situationgotfreshimpe- The high-stakesstandoffbe- CRAIN’S DETROITBUSINESS MARK LEWIS/CRAIN’SDETROITBUSINESS U.S. DepartmentofTrans- B Y approvals forthesi- B ILL S HEA current bridge. in frontofconstructionthenewbridgespan,whichwillrunnextto Matthew Moroun,vicepresidentoftheDetroitInternationalBridgeCo.,stands covered thebridgecompany’spor- activity bondsonJune4,which proved for$212.6billioninprivate phase ofthebridgeprojectwasap- tax-free municipalbonds.Thefirst private activitybonds,similarto Jan. 6forupto$787.4millionin Bridge Co. four-lane structure. Esperion toremaininitshead- tions, adealclosedthatallowed of on-again,off-againnegotia- ton. InOctober,followingmonths it hadsoldEsperionbacktoNew- here.” hours ofgettingkickedout ous timeswecamewithin24 was aroller-coasterride.Numer- “The dealtoacquirethisbuilding and PresidentRogerNewton. could bethenextLipitor. founders andinvestorshope and takesaimatcreatingwhat as itcontinuesitsreinvention cessful biotechsinstatehistory tant stepforoneofthemostsuc- Township thisweek,animpor- ture initsnewlabPlymouth tics Inc. Moroun’s The reborn Last May, “It’s abigmilestone,”saidCEO CRAIN’S DETROITBUSINESS B Y began growingtissuecul- T OM was pre-approvedon Pfizer Inc. Detroit International H Esperion Therapeu- ENDERSON announced Newton square feet,isbeingdeveloped as ing threelabstotaling25,000 Corp. Michigan EconomicDevelopment ment Corp. Wayne CountyEconomicDevelop- $3.5 milliondealinvolvingthe tion Center LifeScienceandInnova- Michigan ( off BeckRoad,justnorthofM-14. ternational Crossing owned bridge,the lion plantobuildagovernment- tor ofgovernmentalrelations. field, thebridgecompany’sdirec- the crossing,saidMickeyBlash- new highwayinterchangeserving tion ofinfrastructureworkona See story,Page21 The restofthebuilding,includ- The building,nowcalledthe The otherprojectisthe$1.5bil- NATHAN SKID/CRAIN’SDETROITBUSINESS , , wassoldbyPfizerina Ann ArborSpark See Esperion,Page21 $2 acopy;$59year See Bridge,Page20 .) foot-building 58,000-square- space, ofthe remodeled lab square feetof cluding 5,000 square feet,in- about 7,000 needed only down Esperion new, scaled- quarters. The Detroit RiverIn- , inDetroit’s and the ® 20090202-NEWS--0002-NAT-CCI-CD_-- 1/30/2009 6:03 PM Page 1
Page 2 CRAIN’S DETROIT BUSINESS February 2, 2009
than $1.7 billion over 10 years. have 30 percent of their retire- on entertainment trade publica- cations Inc., was not taxable under THIS JUST IN — Amy Lane ment health care premium paid tions Pollstar and Billboard, own- SBT for late payment fees collect- by the state. Each year of addi- er Palace Sports & Entertainment ed from its customers. ■ From Page 1 Huron Capital to announce deal tional service would add 6 per- said. At issue was an audit by the cent more coverage, up to a maxi- The amphitheater sold out 20 of Michigan Department of Treasury of State budget coming Feb. 12 Detroit-based Huron Capital Part- mum 90 percent coverage after 14 its 65 events and saw more than its balance sheets for 1999-2002, ners L.L.C., a private-equity firm, years of service. 785,000 attendees last year. which resulted in a 2004 refund State officials have set Feb. 12 as is expected to announce today its Lawmakers would become eli- — Bill Shea payment of $301,362 for overpaid the day to unveil Gov. Jennifer purchase of a Lansing patient gible for the benefits at age 55. SBT taxes. Granholm’s proposed fiscal 2010 care business for one of its portfo- Currently, six years of service The company contended it budget. lio companies, Michigan Orthope- qualifies them for 90 percent cov- AT&T getting SBT refund State Budget Director Bob Emer- dic Services Inc. of Livonia. erage at that age. AT&T Michigan is entitled to re- should have received more, since son will make the budget presenta- O&P Professional Care will oper- — Amy Lane ceive an additional refund of the state erroneously counted its tion, which follows by a little more ate under the MOS name. MOS nearly $500,000 on overpaid back late payment fees from customers than a week Granholm’s State of operates 11 patient-care centers taxes under the state’s former as “interest income” for tax pur- the State address this Tuesday. that design, fit and make orthotic Conway MacKenzie expands Single Business Tax, the Michigan poses. — Amy Lane and prosthetic devices. This is consulting services to Europe Court of Appeals ruled Friday. AT&T has claimed it is entitled the fifth new center since Huron A three-judge panel upheld a to up to $775,474 plus other fees Conway MacKenzie & Dunleavy, a bought MOS in December 2007. Court of Claims ruling that the and costs. The case returns to the Plan would increase school turnaround and consulting firm Terms were not announced. Michigan Bell Telephone Co., lower court for further review. in Birmingham, is turning the retirements, budget savings This is the company’s first deal known at the time as SBC Communi- — Chad Halcom global recession into a global op- The Michigan Education Associa- this year, although managing di- rector Brian Demkowicz said letters portunity for referral business. tion and a bipartisan group of law- Last week, the firm announced makers are moving forward a pro- of intent have been signed on two CORRECTIONS more. it had affiliated with Bryan Tappy & posal designed to stimulate school Ⅲ A photo caption on Page 27 of the Jan. 26 edition — Tom Henderson Tilley, a consulting firm in London, retirements and produce savings. to provide services to European misidentified Stephen Cassin, executive director of the The proposal, which requires firms and to better serve U.S. Macomb County Planning and Economic Development legislation, would offer an en- Legislation would limit health firms with European operations. Department, as his deputy director. hanced retirement benefit to Closer to home, CMD is expect- Ⅲ A story on Page 30 of the Jan. 26 edition should school employees who are al- plans for elected officials ed to announce this week that have said a fundraiser at the Ritz-Carlton in Dearborn was for the Women’s Committee for Hospice Care Inc. ready eligible to retire. Pension Future lawmakers and other Craig Ghelfi, former COO at Greek- benefit amounts would increase new state appointed or elected of- town Casino, has joined the firm’s Ⅲ A story on Page 4 of the Jan. 26 edition on Troy- based Somanetics Inc. had the wrong last name for its for those who retire under the ficials would earn retirement casino-restructuring practice. president and CEO. His name is Bruce Barrett. plan, but districts expect to see health care benefits on a more — Tom Henderson The following are corrections to the 2009 Book of savings by replacing retiring gradual and limited basis, under Lists, published Dec. 29: Cassin teachers and staff with newer em- legislation reintroduced by Sen. Ⅲ On Page 45, International Automotive Components should have ranked ployees starting at a lower salary. Wayne Kuipers, R-Holland. DTE Theatre tops in attendance The MEA estimates that if 10 No. 14 on the Largest OEM Parts Suppliers list with 2007 OEM sales of Senate Bills 132 and 133 would Clarkston’s DTE Energy Music $3.2 billion. It was inadvertently omitted. percent of eligible employees re- apply a graduated system in Theatre was the world’s most-at- tired, the plan would save schools Ⅲ On Page 105, Americare Medical Inc. was listed with an incorrect which officials who have served tended amphitheater in 2008 for corporate name. Gregory Jamian is president and CEO; another executive’s $410 million next year and more four years would be eligible to the 18th consecutive year, based name was submitted in error.
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February 2, 2009 CRAIN’S DETROIT BUSINESS Page 3 State’s UI debt may OUTSTANDING LOANS FOR UI CLAIMS Focus: Going Green $1.07 billion
$772.5 mean higher taxes million Companies see profits in the Business groups, state look for fed help wind, Page 9.
BY AMY LANE If Michigan or any other state has an outstand- CAPITOL CORRESPONDENT ing loan balance for two consecutive years, there $255.3 is an automatic increase in the federal unemploy- million LANSING – Michigan employers will face ment tax that all employers pay. The tax would higher federal unemployment taxes next year if continue to increase each year the loans aren’t the state doesn’t repay the federal government September Dec. 31 Jan. 30 repaid. 2008 2008 2009 Company index loans used to pay unemployment insurance bene- The situation has some business interests and These organizations appear in this week’s Crain’s fits. state officials looking to Washington for help. Michigan was alone last year in Detroit Business: The outstanding loans have ballooned to more As part of the federal stimulus package going having outstanding loans to the U.S. Ann Arbor Machine ...... 9 than $1 billion, and are likely to go higher, as through Congress, Gov. Jennifer Granholm’s of- Department of Labor. Now, at least five state unemployment continues to climb. other states are in arrears as of Jan. 27: Behavioral Center of Michigan ...... 16 fice is advocating for a waiver of interest pay- Bieri Co...... 3 The higher taxes would be used to help repay ments for Michigan and other states with out- New York, $306.8 million; Indiana, $298.7 million; Ohio, $144.3 million; Bodman ...... 9 the loans. Some employers already were assessed standing loan balances. Canine to Five ...... 12 higher taxes by the state last month to help de- South Carolina, $96 million; and California, $81 million. Caraco Pharmaceutical ...... 4 fray the interest. See UI, Page 17 Clark Hill ...... 11 Consumers Energy ...... 12 Danotek Motion Technologies ...... 16 Demmer ...... 9 Detroit International Bridge Co...... 1 Detroit Regional Chamber ...... 20 Detroit River International Crossing ...... 1 Dickinson Wright ...... 16 The deals are in Ecology Center ...... 11 Edible Arrangements ...... 21 Esperion Therapeutics ...... 1 Gleaners Community Food Bank ...... 16 Global Wind Systems ...... 9 the details for Hennessy Capital ...... 3 Jewish Federation of Metropolitan Detroit ...... 16 J.S. Vig Construction ...... 12 Kaydon ...... 4 LaKritz Weber ...... 21 RenCen leases Lycera ...... 21 Madison Community Hospital ...... 16 Metro Cars ...... 11 BY DANIEL DUGGAN Michigan Green Cabs ...... 11 CRAIN’S DETROIT BUSINESS Michigan Chamber of Commerce ...... 17 Michigan Department of Environmental Quality . . . 12 When the leasing team for the Renaissance Cen- Michigan Department of Transportation ...... 20 ter sits down with a prospective retail tenant, they Michigan Environmental Council ...... 12 say what most brokers say, that consumers will fre- Michigan Manufacturers Association ...... 12 quent their business. Michigan Production Alliance ...... 1 Michigan Unemployment Insurance Agency ...... 17 But in this case, they have data to back it up. Myron Zucker Inc...... 10 Management for the building conducted a Newman Consulting Group ...... 10 NATHAN SKID/CRAIN’S DETROIT BUSINESS lengthy survey of what business users want. Tak- Nonprofit Management Group ...... 18 When Dwight Vaughter (center) became executive director of SHAR, he brought in Robert Connolly ing that kind of informa- Parker Hannifin ...... 10 (left) as COO and Tom Walker as CFO. The agency has cut $880,000 from its budget and has tion to the negotiation QuatRx Pharmaceuticals ...... 16 narrowed its 2008 loss to an estimated $438,462. table is what brokers We can sit Renewable Fuels Commission ...... 12 credit for getting 12 leas- “ Roush Industries ...... 12 es signed in 2008 at the down with Salvation Army, Eastern Michigan ...... 16 Renaissance Center and S3 Entertainment Group ...... 1 Samaritan Center ...... 16 the connected Millender (retailers) Self Help Addiction Rehabilitation ...... 3 Center. SEMCOG ...... 20 The signed deals have and we’re not Fiscal rehab SHAR Foundation ...... 18 filled the 160,000 square Sierra Club ...... 12 feet of space, which has speculating. Superior Cam ...... 9 New leadership puts nonprofit on road to recovery been built out for retail- ” Twenty-third Street Studios ...... 1 ers, leaving 40,000 square Mark Wallace, VAI Digital ...... 1 feet of unfinished retail Hines Interests L.P. Wayne State University ...... 16 Wee Discover Child Daycare ...... 17 BY SHERRI BEGIN WELCH people it treats for drug and alcohol depen- space. CRAIN’S DETROIT BUSINESS dency, and mental health issues. “So we can sit down with (retailers) and we’re not The agency has cut $880,000 from its bud- speculating on what the office population will want, When the board of Self Help Addiction Re- get, narrowing its 2008 loss to an estimated we’re telling them what the office population will habilitation Inc. recruited new executive di- $438,462. It also has secured a $1 million actually use,” said Mark Wallace, a project manag- rector Dwight Vaughter to the center in credit line from Hennessey Capital L.L.C., in er with Houston-based Hines Interests L.P. Hines is Department index February 2008, it was facing a $950,000 spite of its shaky past finances and the gen- the leasing firm for the building in conjunction deficit. eral economic malaise that has many credi- with Detroit-based Bieri Co., which has been subcon- BANKRUPTCIES ...... 4 By October, the agency faced closure as tors tightening up lines to businesses and tracted by Hines to find retail tenants. BUSINESS DIARY ...... 13 cash ran out. nonprofits alike. The study was conducted three years ago and in- CALENDAR ...... 13 Three months later, SHAR is discussing SHAR is not out of the woods yet, “but volved a survey of all the General Motors Corp. em- CAPITOL BRIEFINGS...... 17 contract increases with the Michigan Depart- we’re making some great headway out,” ployees, as well as employees of other businesses lo- CAREERWORKS ...... 14 ment of Corrections and the Detroit Depart- Vaughter said. “So often over the years, cated in the building. CLASSIFIED ADS ...... 14 ment of Health and Wellness Promotion and nonprofits have been dependent upon the The findings: Ready-to-wear clothing stores are seeking space for an additional 50 to 60 beds KEITH CRAIN...... 6 in Detroit so it can increase the number of See SHAR, Page 18 See RenCen, Page 21 OTHER VOICES ...... 6 MARY KRAMER ...... 7 OPINION ...... 6 More bloggers have arrived Help for job-seekers THIS WEEK @ Read what Chad Halcolm has to say on Find a job, discover a new PEOPLE ...... 15 WWW.CRAINSDETROIT.COM law, and Dan Duggan on real estate. hire. RUMBLINGS ...... 22 WEEK IN REVIEW...... 22 20090202-NEWS--0004-NAT-CCI-CD_-- 1/30/2009 5:41 PM Page 1
Page 4 CRAIN’S DETROIT BUSINESS February 2, 2009 TAKING STOCK Academy of the Sacred Heart NEWS ABOUT DETROIT AREA PUBLIC COMPANIES Leaders of Conscience Speaker Series Keynote Speaker Cokie Roberts Journalist and Bestselling Author Friday, February 13, 2009 Caraco stock slips over lower Luncheon and Program 11:30 a.m. - 1:00 p.m. The speaker series is part of the Academy of the Sacred Heart’s Golden Anniversary celebrating 50 years at its Bloomfield Hills campus and 158 years of education and outreach in the metropolitan Detroit area. The earnings, weak product pipeline Leaders of Conscience Speaker Series aims to provide ethical guidance and real-life testimonials from internationally-known personalities whose lives and BY CHAD HALCOM est’s drug Lexapro. Caraco, which is 72 percent works inspire students and the larger community with messages of hope CRAIN’S DETROIT BUSINESS The case is the latest of at least owned by Mumbai, India-based and optimism. three dating to 2006, all involving Sun Pharmaceutical Industries, Main Sponsors Media Partners Shares of Detroit-based generic Forest’s opposition to an escitalo- makes and distributes at least 56 drugmaker Caraco Pharmaceutical THE NICOLA ANTAKLI FAMILY pram oxalate product launch for drug products to retailers. But it Laboratories Ltd. dipped last week af- Caraco to compete with Lexapro. owns only two patented brand For reservations, visit www.ashmi.org/speakerseries ter soft quarterly earnings and re- Attorneys expect all the Lexapro drugs: pain reliever Synalgos DC or call 248-646-8900 x 170 ports that the company may be lawsuits to be consolidated with and Midrin, a migraine medicine. short on new product launches for a The Academy of the Sacred Heart was founded in 1851 and is Michigan’s oldest independent school. Located at the original case, which awaits a The rest of its products are 1250 Kensington Road in Bloomfield Hills, it is a Catholic, college-preparatory school for girls (Age 3-Grade while. 12) and boys (Age 3-Grade 8) of many cultures and faiths. The Academy is a member of the Network of Sacred bench trial in April. generics, which typically yield Heart Schools, which includes 21 schools in the U. S. and affiliation with the Society of the Sacred Heart in 44 Caraco (AMEX: CPD) filed a new Lexapro is a prescription drug their greatest return if a company countries around the world. For more information call 248-646-8900 or visit us on the Web at www.ashmi.org. lawsuit last week at U.S. District approved to treat depression and files an Abbreviated New Drug Ap- Court in Detroit against rival drug generalized anxiety disorder. plication to the federal Food and company Forest Laboratories Inc. Caraco reported net income of Drug Administration to be the first (NYSE: FRX) in New York and its $5.1 million, or 13 cents per share, generic vendor. The first filer of an Dutch licensing-sales partner, H. on revenue of $55.7 million for fis- approved ANDA generally obtains Lundbeck A/S, seeking a declara- cal 2009 third quarter ending Dec. a 180-day period of exclusivity. tion that would allow Caraco to 31, compared with net income of Caraco currently has 25 ANDAs market a generic version of For- $10.8 million, or 28 cents per share, pending for 21 products, including on revenue of $81.8 million in the the generic version of Lexapro. GEOTECHNICAL year-ago quarter. Those could expand its product of- For the first nine months of the ferings to 75 within two years if it ENVIRONMENTAL fiscal year, net income was $22.9 gains full approval. WE HELP TURN Kaydon CFO changes jobs, to quit million, or 57 cents per share, on But the FDA generally withholds CONSTRUCTION revenue of $286.2 million, com- ANDA approvals for a drug manu- ENGINEERING Kaydon Corp. (NYSE: KDN) CFO pared with $23.9 million, or 63 facturer that is under a period of no- Kenneth Crawford took another po- cents per share, on revenue of tice to correct deficiencies from a BROWNFIELDS sition last week at the Ann Arbor $158.6 million for the same period site inspection. The FDA inspected company and will resign June 30. a year earlier. Caraco’s plant at 1150 Elijah McCoy Crawford, 52, moved from CFO, Shares of Caraco fell from $6.15 Drive in May and June and issued senior vice president and corpo- at midweek to $5.30 Thursday after the notice in October to correct TO GREEN rate controller to become chief ac- the earnings release. They fell some quality control issues, and the counting officer and senior vice again Friday, to $4.60. company notified the government president until the June 30 transi- G2's engineers and environmental consultants have the expertise In statements connected with the of its corrections in late November. tion. Peter DeChants, 56, currently earnings release, Caraco CEO Caraco officials said last week and experience required to move your project from a possibility to senior vice president of corporate Daniel Movens attributed the lower that no further ANDA approvals occupancy. development and strategy and margins primarily to a major de- are likely before the FDA’s next in- company treasurer, is replacing cline in sales of oxcarbazepine, spection of its improvements — him as CFO. Troy, MI: 248.680.0400 Caraco’s generic version of Novartis most likely in late spring. But they After his departure in June, Pharmaceutical Corp. Brighton, MI: 810.224.4330 drug Trileptal, also said the edict might not bar Crawford will work as a consul- for epilepsy seizures. A year ago product approvals won through Chicago, IL: 847.353.8740 tant for Kaydon until January Caraco was still in its 180-day exclu- the court process, such as in the www.g2consultinggroup.com 2012, according to a filing with the sivity period to market the drug, pending Lexapro case. U.S. Securities and Exchange Com- which is now on the broader market Chad Halcom: (313) 446-6796, mission. and has several competitors. [email protected] — Chad Halcom UNEARTHING POSSIBILITIES STREET TALK BANKRUPTCIES THIS WEEK’S STOCK TOTALS: 18 GAINERS, 47 LOSERS, 7 UNCHANGED The following businesses filed for CDB’S TOP PERFORMERS 01/30 01/23 PERCENT Chapter 7 or 11 protection in U.S. CLOSE CLOSE CHANGE Bankruptcy Court in Detroit Jan. 23- 1. Federal-Mogul Corp. 5.76 4.25 35.53 29. Under Chapter 11, a company 2. Asset Acceptance Capital Corp. 4.19 3.81 9.97 files for reorganization. Chapter 7 3. Amerigon Inc. 3.43 3.13 9.59 involves total liquidation. 4. Credit Acceptance Corp. 18.05 16.81 7.38 One Stop Auto Clinic Inc., c/o 5. ITC Holdings Corp. 41.98 39.40 6.55 Richard D. Lee, 6919 Marvin St., 6. Rofin-Sinar Technologies Inc. 16.89 16.15 4.58 Taylor, voluntary Chapter 7. As- 7. Energy Conversion Devices Inc. 25.17 24.10 4.44 sets and liabilities not available. Somanetics Corp. 14.64 14.05 4.20 W.G. Heating & Cooling Inc., 1402 In- 8. dustrial Center Dr., Shelby Town- 9. DTE Energy Co. 34.50 33.72 2.31 ship, voluntary Chapter 11. Assets 10. Penske Auto Group Inc. 7.42 7.34 1.09 and liabilities not available. 01/30 01/23 PERCENT CDB’S LOW PERFORMERS CLOSE CLOSE CHANGE Laser Fab Inc., 33901 Riviera, Fraser, voluntary Chapter 11. As- 1. General Motors Corp. 3.01 3.49 -13.75 sets and liabilities not available. 2. Masco Corp. 7.82 9.04 -13.50 FlinXccjZfd\`e^i\\e% Turn-Tech Inc., 33901 Riviera Drive, 3. Agree Realty Corp. 13.75 15.45 -11.00 Precast Edge-to-Edge insulated wall panel s &REE