DETROIT BUSINESS MAIN 02-27-06 a 1 CDB 2/24/2006 6:24 PM Page 1

DETROIT BUSINESS MAIN 02-27-06 A 1 CDB 2/24/2006 6:24 PM Page 1

http://www.crainsdetroit.com Vol. 22, No. 9 FEBRUARY 27 – MARCH 5, 2006 $1.50 a copy; $59 a year

©Entire contents copyright 2006 by Crain Communications Inc. All rights reserved THIS JUST IN Minus GM, AT&T starts campaign for video franchise AT&T Inc. has begun its public-opinion campaign to take on Michigan cable TV. The company has launched Lansing-area TV earnings up and print ads that lay the groundwork for soon-to-be- introduced legislation that could give it a statewide cable or video franchise. The ads are aimed at the general public as well as for local firms key stakeholders, such as legislators. They tout com- petition and choice and say the Legislature can be the Automaker’s $4.8B loss catalyst. Ready to fight are cable TV companies and munici- negates $3.67B in profit pal opponents. Among their concerns: That telecommu- BY BRENT SNAVELY come for 46 nications companies such CRAIN’S DETROIT BUSINESS ON THE WEB publicly traded as AT&T would selectively companies sign cable companies’ most Southeast Michigan’s publicly Full results for based in South- lucrative and high-volume traded companies collectively all companies NEWSCOM/KRT east Michigan customers and leave other made a profit during the fourth that have Ice dancers Tanith Belbin and Benjamin Agosto, who train at The Arctic Edge in reported was $3.67 bil- customers with no new Canton Township, are bringing home silver medals from the Winter Olympics. quarter of 2004 — as long as Gen- lion, up from choices for service. earnings are eral Motors Corp.’s mammoth loss available at $1.12 billion for — Amy Lane is excluded. www.crains the same peri- Companies such as Domino’s detroit.com. od in 2004. St. Clair Shores company Pizza Inc., UnitedAuto Group Inc., That’s the Masco Corp., Champion Industries good news. The bad news: GM’s bought by CoreSource Inc., Dearborn Bancorp Inc. and Precious $4.8 billion loss wipes out the re- TRW Automotive Holdings Corp. all CoreSource Inc., a Lake gion’s gain and creates a $1.13 reported fourth-quarter net in- Forest, Ill.-based third-par- billion deficit. come that exceeded last year’s ty employee-benefits ad- Many of the companies that ministrator that is among profits. the largest in the nation, Total fourth-quarter net in- See Earnings, Page 24 announced Friday it had medals acquired St. Clair Shores- based NGS American Inc. Terms were not dis- Olympics successes hold promise closed. CoreSource President Detroit the hot spot Mark Schmidt said in a for local clubs, rinks press release the acquisi- tion gives CoreSource a significant presence in BY JENNETTE SMITH Metro Detroit has long been a for wireless conference Michigan and helps ex- CRAIN’S DETROIT BUSINESS home base for top skaters. Gold pand its client base. medal-winning figure skaters he Arctic Edge has been work- BY ANDREW DIETDERICH NGS, which provides Shizuka Arakawa and Tara Lipin- ing for its center-ice position CRAIN’S DETROIT BUSINESS medical, dental and disabil- ski each spent time training here, WIRELESS SUMMIT T in the figure skating world ity benefits administration, for example. More than 1,000 people are ex- What: Gartner Wireless & Mobile since 2002. The rising recognition for the Arc- will retain its name and pected to attend the Gartner Summit. As the training site for Olympic tic Figure Skating Club housed at the management, the release Wireless & Mobile Summit in Where: Detroit Marriott ice dancing silver medalists Arctic Edge is because the arena Renaissance Center. said. Founder Bill Alcott downtown Detroit next month, will serve as a consultant. Tanith Belbin and Benjamin Agos- made ice time available for figure When: March 27-29. to, the Canton Township arena is skating and attracted top coaches where they plan to discuss the fu- Representatives from ture of wireless and mobile tech- More info: www.gartner.com; home to a skating club that has at- like Igor Shpilband and Marina look under “Events.” both companies did not re- nologies. turn calls Friday. tracted a cadre of internationally Zoueva, said Gary Clark, skating di- The event is scheduled for NGS employs 380 and ad- renowned skaters and top coaches. rector, Arctic Arenas. Clark serves nent part of the rotation, said March 27-29 at the Detroit Marriott ministers self-funded group While figure skating programs as a liaison between the nonprofit Ken Dulaney, vice president and Renaissance Center. It’s the ninth health plans covering more that produce Olympic-caliber per- club and the privately owned arena. analyst at Stamford, Conn.-based year for the event, which was than 300,000 employees and formers are more about prestige “I think when the coaches start- Gartner Inc. (NYSE: IT), a compa- held last year in Orlando, Fla. In dependents in all 50 states. than revenue — hockey is the ed coming in, it became clear ny that specializes in informa- — Anjali Fluker main moneymaker for rinks — something good would happen,” 2004, the summit was held in tion-technology research and Clark said. “There’s already a lot Chicago. See This Just In, Page 2 they do prompt interest in learn- to-skate programs. See Skating, Page 24 Detroit could become a perma- See Summit, Page 25

MCA judgments send billion-dollar message, CRAIN’S LIST Page 3 Largest general contractors, NEWSPAPER Page 16 DETROIT BUSINESS MAIN 02-27-06 A 2 CDB 2/24/2006 6:19 PM Page 1

Page 2 CRAIN’S DETROIT BUSINESS February 27, 2006

Appleby said he is working Burton Manor, 27777 Schoolcraft and Hiram Jackson. headquartered in Farmington THIS JUST IN with a group of investors but de- Road. Tickets are $75 for mem- Lowry is senior vice president Hills with offices in Lansing. clined to name them. bers, $95 for others. Group dis- and director of Boston Consulting Associated Food Dealers Presi- ■ From Page 1 General Sports and Entertain- counts are available. Group’s Chicago office. dent Jane Shallal will be presi- ment purchased the Wizards for To register, call (888) 277-6464; Dortch, newly appointed board dent and Ed Weglarz, president of Royal Oak Ford unionizes $4.75 million in May 1999, accord- or visit www.michbusiness.org. chairman of the National Business the Great Lakes Petroleum Re- ing to the Fort Wayne Journal — Joanne Scharich League and former chairman of Royal Oak Ford’s employees be- tailers, will become executive Gazette. Appleby had signed a let- 100 Black Men of America. vice president. came the first auto dealership ter of intent in December that al- Wright is chairman emeritus employees in Michigan to union- Farmington Hills may get Target The Food Dealers represent lowed him to negotiate exclusive- of Alexander, Va.-based Dimen- ize as members of the United Auto 3,000 supermarkets, liquor stores, ly for the purchase of the Blues The Farmington Hills Planning sions International, an informa- Workers. chain stores, drugstores, specialty but that agreement expired in Commission on March 16 is expect- tion-technology company. Workers voted 22-12 Friday to markets and convenience stores January, according to the St. ed to consider a request for a Tickets are $25 for members become members of the UAW, ac- in Michigan. Great Lakes Petrole- Louis Post Dispatch. Now, there 127,000-square-foot Target store. and $35 for nonmembers. For cording to a statement issued by um represents more than 900 ser- are several contenders. The nearly 13-acre property on more information call (313) 875- the union. vice stations and convenience 14 Mile Road and Northwestern 4250. Royal Oak Ford was purchased — Brent Snavely stores in Michigan and Ohio. Highway is a combination of five — Brent Snavely by Eddie Hall and John Hager in — Sheena Harrison parcels with some older vacant May, 2005. Lunch to feature Granholm buildings, said City Planner Ed — Brent Snavely Food Dealers to assume assets Michigan Gov. Jennifer Gardiner. Collins & Aikman loses $23.7M Granholm is the featured speaker Target has requested a of trade association Troy-based Collins & Aikman Appleby still trying to buy March 8 at the Michigan Business planned-unit development desig- Corp. lost $23.7 million in January The Associated Food Dealers of and Professional Association’s nation, he said. The parcels now on sales of $45.3 million, accord- St. Louis Blues hockey team Michigan, a Farmington Hills- ing to a report the company filed Women and Leadership in the are zoned for houses, commercial based trade association, is as- Andy Appleby, president and Friday with the U.S. Securities and Workplace Conference and and light industrial businesses suming the assets of the Great CEO of Rochester Hills-based Exchange Commission. Awards Lunch. and as a parking district. Lakes Petroleum Retailers and Allied General Sports and Entertainment Collins & Aikman filed for Six women will receive Distin- — Anjali Fluker Trades Association in Lansing. L.L.C., has had some setbacks in Chapter 11 last May. The report is guished Leadership Awards: The deal is expected to become a court-required monthly operat- his pursuit of the St. Louis Blues Anne Stevens, COO of the Ameri- effective April 1. The organiza- Minority biz panel scheduled ing report. hockey team, but says he is get- cas and executive vice president, tion, called The Associated Food — Brent Snavely ting close to inking a deal. Ford Motor Co.; Gail Torreano, The future of minority busi- and Petroleum Dealers, will be Last week Appleby sold the Fort president of AT&T Michigan; Car- ness will be the theme of a panel Wayne Wizards for an undisclosed men Harlan, co-anchor, WDIV- discussion sponsored by the price to Hardball Capital, a group Channel 4; Marianne Udow, Michi- Booker T. Washington Business As- CORRECTIONS of investors headed by two real gan Family Independence Agency/ sociation at 6 p.m. Wednesday at ■ In the list of largest construction projects on Page 14 of the Jan. 23 estate developers in Atlanta. Michigan Department of Social Ser- the Charles H. Wright Museum of issue, Tre Builders L.L.C. should not have been listed as general con- “Still working hard on Blues vices director; Sherry Washing- African American History. tractor on the MGM Grand Detroit Casino permanent casino pro- deal,” Appleby said in the e-mail ton, founder, Sherry Washington Participants will include ject. Tre Builders is project manager. sent to Crain’s. “We sold Ft. Gallery and the BWW Group Inc., James Lowrey, Thomas Dortch, ■ A Feb. 20 Business Diary item listed an incorrect Web site URL for Wayne to focus on buying a ma- and Rosa Parks, posthumously. Robert Wright and Detroit busi- imX Solutions Inc. The correct address is www.imx-solutions.com. jor league team.” The event is 7:30 a.m.-1 p.m. at ness leaders Vivian Carpenter

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February 27, 2006 CRAIN’S DETROIT BUSINESS Page 3 CRAIN’S DMC’s profit helps buff image INDEX Kelly Services silent: about 30,000 more patients last year, Interim leader named, but New doctors, 29-minute guarantee also help Duggan said. The recruitment in no word on ailing CEO’s 2004 of five top cardiologists also health or future of his shares. Page 4. BY MICHELLE MARTINEZ year, the system tors” to the bigger shift underway at boosted the profile of the DMC’s car- Stuck in the CRAIN’S DETROIT BUSINESS reported net in- the DMC, said Ben Carter, executive diology program — driving a $10 mil- middle: come of $2.47 mil- vice president and COO of the system. lion profit in 2005 at Harper University State Detroit Medical Center’s $13 million lion on revenue of “Clearly there is a much stronger Hospital, he said. ranks end-of-year profit was an important $1.75 billion, but … buzz on the street (about the DMC Now the DMC must keep the mo- No. 25 milestone. But CEO Michael Duggan only after receiv- aid Edward Wolking Jr., executive mentum going, said Jeff Lutz, princi- in said it points to more than two years venture- ing $23.9 million vice president of the Detroit Regional pal in health care life sciences at De- capital of work the system has done to se- in city, county and Chamber, and patients are taking no- loitte & Touche USA L.L.P. in Detroit. investing. cure a bigger prize: a positive image state money — the tice. “Whenever you begin to turn an “They’ve shown that they can sur- Page 11. in the region. second and last operation around, perceptions begin vive. The question is, can they Northville hospital site: “It’s about changing expecta- Duggan part of a $50 mil- to rise and the level of favorable thrive?” Lutz said. Nonprofit files suit to tions,” he said. lion bailout — was views begins to increase.” The DMC has “embraced their block sale. Page 23. factored in. physicians” and built a strong man- The DMC’s more than fivefold in- The system’s guarantee that pa- These organizations appear in this crease in net income was the first in DMC revenue for 2005 grew 8.6 per- tients will be seen by a physician agement team. “Everyone can see week’s Crain’s Detroit Business: eight years after being taken off gov- cent to $1.9 billion. within 29 minutes in DMC emer- ernment life support in 2004. That Those gains are “lagging indica- gency rooms, adopted in 2004, drew See DMC, Page 25 Ann Arbor Angels ...... 14 Ann Arbor Figure Skating Club . . . . 24 Anton, Zorn & Sowerby Inc...... 21 Arboretum Ventures I L.L.C...... 12 Arctic Edge ...... 1 Arctic Figure Skating Club ...... 1 Ardesta L.L.C...... 12 Bank of Ann Arbor ...... 13 Webb hopes SmartLoader Baskin Law Firm P.C...... 25 Brogan & Partners ...... 20, 21 Cerenis Therapeutics Inc...... 11 Champion Industries Inc...... 1 Billion-dollar Coherix Inc...... 13 Colliers International ...... 20 is smart for its business Comerica Bank ...... 13 Compuware Corp...... 25 D’Agostini, Sable and Ruggeri . . . . 23 BY SHEENA HARRISON Dearborn Bancorp Inc...... 1 CRAIN’S DETROIT BUSINESS Deloitte & Touche USA L.L.P...... 3 Delphi Corp...... 24 Jervis B. Webb Co. hopes nearly $3 message Detroit Marriott RenCen ...... 1 Detroit Medical Center ...... 3, 14 million spent developing a new un- Detroit Newspaper Partnership . . . . 20 manned loading vehicle will boost Detroit Public Schools ...... 20 Detroit Regional Chamber ...... 3 revenue by 10 percent this year Detroit Skating Club ...... 24 and guide it into new areas of rev- ‘Staggeringly high’ restitution Dibaa Group Inc...... 20 enue. DMCVB ...... 25 Domino’s Pizza Inc...... 1 The SmartLoader is an un- unlikely ever to be paid in MCA case DP & Co. L.L.C...... 21 manned “automatic-guided vehi- EDF Ventures ...... 11 cle” with a patented navigation EDS Corp...... 22 UTO LOADING Egemin Automation ...... 3 system for loading and unloading A BY ANDREW DIETDERICH ESW ...... 20 any standard trailer. The system ■ What it does: Jervis B. Webb CRAIN’S DETROIT BUSINESS Flower Factory Inc...... 20 allows the SmartLoader to steer Co.’s SmartLoader can load or Fraser Consulting ...... 23 During the course of two years and Fraser Trebilcock Davis & Dunlap . 23 without using guidance wires, unload pallets from any standard Gartner Inc...... 1 lasers or magnets, unlike most oth- trailer. six trials, judges have awarded vic- General Motors Corp...... 1, 22 er automated loading systems in ■ How it works: It uses sonic tims of MCA Financial Corp. more Grand Sakwa Properties L.L.C. . . . 23 sensors to determine its location than $1 billion in restitution. HandyLab Inc...... 12 the material-handling industry. Harper University Hospital ...... 3 The SmartLoader uses sonic sen- within the trailer. But as the judges and others in- Henry Ford Health System ...... 25 sors to determine where it is in the ■ What it cost to develop: $3 volved in the case have known all Integrated Sensing Systems Inc. . . 12 Jervis B. Webb Co...... 3 trailer. million. along, it’s unlikely that those who BIG MONEY ■ Kelly Services Inc...... 4, 24 “As long as it’s palletized, we What it costs to buy: About $5 were defrauded will see a dime. Restitution payments ordered in Kemp & Sherman Co...... 20 can move it and load it,” said Bri- million. Those familiar with the cases say sentencing of former MCA Financial Masco Corp...... 1 the restitution orders are “stagger- MCA Financial Corp...... 3 an Stewart, se- Corp. executives: McCann Erickson ...... 21 nior vice presi- to $220 million this year because of ingly high” and that any valuable as- ■ Patrick Quinlan MEDC ...... 6, 21 dent and COO of SmartLoader sales, with an “expo- sets that could have been sold and Sr., former Michigan Strategic Fund ...... 21 used to pay restitution most likely chairman and Michigan’s Promise ...... 23 the Farmington nential progression” of revenue MotorCity Casino L.L.C...... 20 Hills-based com- growth as the system gets imple- were transferred out of defendants’ CEO: $256 New Liberty Bank ...... 13 pany. mented at more warehouses each names legally. million. Northville Psychiatric Hospital . . . . 23 ■ Plante & Moran P.L.L.C...... 4 Webb will year, Stewart said. So, why bother? For the prosecu- Lee Wells, former president Pulte Homes Inc...... 20 launch Smart- Webb has generated buzz tion, it’s more about sending a mes- Real Estate Interests Group ...... 23 and COO: $242 Loader during around SmartLoader by placing its sage than receiving the money. Redico L.L.C...... 20 million. REIS Northville L.L.C...... 23 the NA 2006 lo- system in the warehouses of a Southfield-based MCA was a mort- ■ Keith Pietila, Satyam Computer Services Ltd. . . . 22 “leading beverage company,” gage company that made convention- Schostak Bros. & Co. Inc...... 23 gistics show and former CFO: Stewart which has signed a confidentiality al and subprime loans to individual Steel Industries Inc...... 20 conference Quinlan $256.6 million. agreement with Webb. According home buyers in Michigan and sur- Taubman Centers Inc...... 24 March 27-30 in Cleveland. Webb ■ Alexander Ajemian, former Toyota ...... 20 to Webb, the company is using TRW Automotive Holdings Corp. . . . . 1 expects the publicity from that rounding states. The company also controller and treasurer: $256.6 more than a dozen SmartLoaders was a mortgage and land-contract UnitedAuto Group Inc...... 1 show will help the company sell up million. University of Michigan ...... 11 for three shifts a day, up to seven to four SmartLoader systems this broker. ■ Kevin Lasky, former head of University of Michigan ...... 20 year, worth about $20 million. days a week. Company officials have admitted Special Loan Group and officer of Venture Michigan Fund ...... 11, 14 The system has helped the bev- in guilty pleas that as early as 1993 Visteon Corp...... 24 “It’s something we feel is a great subsidiary Rimco Realty and William Beaumont Hospital ...... 4 innovation for the future of ware- erage company reduce its operat- they used schemes to defraud in- Mortgage: $128 million. Wipro Ltd...... 22 housing and distribution,” said ing costs because the machines vestors and institutional lenders by ■ Cheryl Swain, former vice president Woods Construction Inc...... 20 Stewart, who said Webb has in- can operate all hours of the day, misrepresenting MCA’s true finan- of marketing syndication: $65.7 BANKRUPTCIES...... 21 vested up to $3 million since 2003 cutting down on manual labor and cial condition using false financial million. downtime costs, Stewart said. statements filed with the U.S. Securi- ■ John O’Leary, former vice president BRIEFLY ...... 20 to develop SmartLoader. BUSINESS DIARY...... 17 The revenue boost could help “That company feels this tech- ties and Exchange Commission. for corporate finance: Still to be nology will increase their profit sentenced. CALENDAR ...... 20 Webb regain some of the revenue MCA collapsed in January 1999, CAPITOL BRIEFINGS . . . . . 21 margin by almost double what it has lost in recent years because was placed under control of the Michi- CLASSIFIED ADS ...... 18 of the struggling automotive in- they’re making,” Stewart said. gan Financial Institutions Bureau and Lee Wells, MCA’s former president DIVIDENDS ...... 23 dustry, which provides about 40 Although the beverage compa- filed for bankruptcy a month later. and CEO, and Cheryl Swain, former EARNINGS...... 23 percent of Webb’s business. Rev- ny’s name hasn’t been released, The company’s remains were liqui- vice president of marketing syndica- KEITH CRAIN...... 8 such competitors as Holland-based LETTERS ...... 8 enue at Webb reached $200 million dated and distributed to creditors. tion, were sentenced to prison and or- Egemin Automation Inc. know about MARY KRAMER ...... 9 in 2005, which sits well below the U.S. District Judges John Feikens dered to pay a combined nearly $308 the trial. Egemin is one of a few OPINION ...... 8 $350 million generated during its and Nancy Edmunds have ordered million earlier this month. John companies researching and devel- O’Leary, former vice president for PEOPLE ...... 15 last peak in the late 1990s. more than $1.2 billion in restitution RUMBLINGS ...... 26 Revenue is expected to increase See Webb, Page 24 payments. See MCA, Page 25 WEEK IN REVIEW...... 26 DETROIT BUSINESS MAIN 02-27-06 A 4 CDB 2/24/2006 5:39 PM Page 1

Page 4 CRAIN’S DETROIT BUSINESS February 27, 2006

Do you have TAKING STOCK Order Takers or NEWS ABOUT DETROIT AREA PUBLIC COMPANIES Salespeople? There is a difference between Kelly silent on CEO Adderley’s order taking and selling. Many organizations thought for a long time that they had a good sales department. But when the economy slowed they realized they had order takers. Are you wondering how to change this? Do you want to know if your health, future of class B shares current staff is capable of changing and growing sales? Do you know if you have the right salespeople to take your business where BY ANJALI FLUKER AND filings for the last several years, of the Washington, D.C.-based non- you want it to be 1, 5, 10 years from now? BRENT SNAVELY and family leadership has always profit National Association of Corpo- CRAIN’S DETROIT BUSINESS been at the center of the company. rate Directors, said in general, We’re known for our difficult and expensive sales training. It’s not for Kelly Services was founded in boards of directors have a respon- Kelly Services Inc. informed everyone. We teach a proven, powerful selling system that typically 1946 by William Russell Kelly, who sibility to keep shareholders in- shareholders and appointed an in- brings you a 30% sales increase in one year. If you are finally serious remained chairman until he died formed of succession plans in the terim leader when chairman and in 1998. Adderley, Kelly’s adopted about having your best sales year ever, it may be time to call us. CEO Terence Adderley was hospi- event a CEO’s health was at risk as son, was named president in 1967. talized three part of good corporate governance. For more information, or to reserve your place at our next CEO was added to his title in 1989. weeks ago for “They’ve got to be able to let the complimentary Executive Briefing, please call Rebecca AS “He’s like the godfather of the heart problems. shareholders know fully, accurate- at (248) 299-9630 HEARD whole company,” said Paul Bern- But the Troy- ly and right now,” said Raber, who ON WWJ hard, partner and succession-plan- Gerry Weinberg & Associates based staffing added that he was not familiar www.gerry weinberg.com company has ning expert at Plante & Moran with Kelly Services. “The whole since been mum P.L.L.C. in Southfield. idea of disclosure — you even have on Adderley’s In fact, Bernhard compared to go beyond disclosure to trans- condition or Adderley’s role at Kelly to Bill parency. Shareholders need to what would hap- Gates’ importance to Microsoft know.” Corp. pen to Kelly’s Aside from these issues, the Adderley Adderley’s control of 92.5 per- class B voting company has been performing cent of the company’s class B vot- shares — mostly controlled by well lately, said Tobey Sommer, ing shares is another reason his Adderley — if he does not return. vice president in the equity re- presence is essential. Kelly’s stock Wall Street analysts, however, search department of Nashville, have said that Adderley’s tight is split between two classes of Tenn.-based Suntrust Robinson control over those voting shares is shares: A shares and B shares, but Humphrey. Sommer reported that one reason why share prices have class B shareholders solely hold Kelly has done better than ana- moved very little for more than a voting power. Kelly has declined to decade. say who would direct those shares lysts’ expectations. Michel Morin of Merrill Lynch in if Adderley does not return. For the year, Kelly reported net New York said in a recent report That ownership structure is one income of about $39.3 million or that any change in the company’s factor that has held down Kelly’s $1.09 a share on revenue of about ownership structure could become stock prices over the years, said $5.3 billion, compared with about a “positive catalyst” for the Jeffrey Silber, an analyst with $21.2 million or 60 cents on rev- shares, because it may result in New York-based investment bank enue of about $5 billion for the pre- additional voting shares being of- Harris Nesbitt Corp. Because there vious year. fered to the public. are limited voting shares available But in January, Sommer issued Adderley, 72, was hospitalized to the public, few Wall Street ana- Kelly a neutral rating because he Feb. 8 after suffering what the lysts, including Silber, formally was concerned about the compa- company described in a Feb. 9 cover Kelly. ny’s ability to achieve earnings statement as a “cardiac incident.” Kelly’s stock price has barely growth in U.S. commercial Later that budged in recent weeks. It was staffing, the company’s largest di- same day, the trading at $26.38 on Feb. 8, the day vision. company sepa- before Adderley’s hospitalization Anjali Fluker: (313) 446-6796, rately an- was announced. It closed Friday at [email protected] nounced that $27.11. Brent Snavely: (313) 446-0405, President and Roger Raber, president and CEO [email protected] COO Carl Cam- den, who also is a member of the company’s STREET TALK board of directors, was ap- Camden THIS WEEK’S STOCK TOTALS: 43 GAINERS, 32 LOSERS, 6 UNCHANGED pointed as acting CEO. 2/24 2/17 PERCENT Since then, Adderley’s condi- CDB’S TOP PERFORMERS CLOSE CLOSE CHANGE tion has improved from critical to 1. Energy Conversion Devices Inc. $48.49 $43.00 12.77 fair as of the end of last week, ac- TESTING ENGINEERS 2. Detrex Corp. 6.20 5.50 12.73 cording to William Beaumont Hospi- 3. Asset Acceptance Capital Corp. 19.10 17.70 7.91 tal. Kelly Services has declined to & CONSULTANTS, INC. 4. Rockwell Medical Technologies 5.14 4.82 6.64 provide additional details. 5. Amerigon Inc. 5.70 5.35 6.54 Camden, who has been presi- 6. Rofin-Sinar Technologies Inc. 52.87 49.74 6.29 • Building and Infrastructure dent since 2002, is the fourth presi- Somanetics Corp. 24.91 23.78 4.75 • Environmental Services dent in the company’s history and 7. • Geotechnical Services the only non-family-member to 8. Pulte Homes Inc. 40.02 38.37 4.30 • Indoor Air Quality hold that position. Camden joined 9. NAIC Growth Fund Inc. 7.90 7.60 3.95 • Asbestos/Lead/Mold Kelly in 1995, steadily rose 10. TRW Automotive Holdings Corp. 26.38 25.44 3.70 through the ranks and was named 2/24 2/17 PERCENT • Construction Materials Testing CDB’S LOW PERFORMERS CLOSE CLOSE CHANGE • Safety Training COO in 2001. However, Adderley’s health re- 1. Handleman Co. $9.61 $11.93 -19.45 mains significant. 2. General Motors Corp. 19.99 22.28 -10.28 1-800-835-2654 In its annual report filed Feb. 10, 3. Syntel Inc. 18.14 20.00 -9.30 email: [email protected] www.testingengineers.com the company said: “Kelly believes 4. Lear Corp. 21.05 22.34 -5.77 that its success has depended to a 5. Caraco Pharmaceutical Labs Ltd. 12.68 13.25 -4.30 Offices in: Ann Arbor, Detroit & Troy significant extent upon the efforts ArvinMeritor Inc. 15.60 16.24 -3.94 A Certified WBE/DBB 6. and abilities of its Chairman, Ter- 7. Valassis Communications Inc. 28.62 29.72 -3.70 ence E. Adderley, and certain oth- 8. Ford Motor Co. 8.10 8.39 -3.46 er key executives. The loss of the 9. North Pointe Holdings Corp. 12.99 13.45 -3.42 services of Mr. Adderley or any of 10. Citizens Banking Corp. 27.05 27.85 -2.87 the other key executives could Source: Bloomberg News. From a list of publicly owned companies with headquarters have a material adverse effect in Wayne, Oakland, Macomb, Washtenaw or Livingston counties. Note: Stocks trading Engineering Client Success upon the company.” at less than $5 are not included. The statement has been used in DBpageAD.qxd 1/18/2006 11:32 AM Page 1

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Page 6 CRAIN’S DETROIT BUSINESS February 27, 2006 State looks to link life-sciences companies with vendors

At a Michigan Strategic Fund Seeks someone to run ‘pipeline’ effort to spur business growth board meeting last week, Jeff Ma- son, the MEDC’s senior vice presi- BY AMY LANE The idea: Increase pipeline cants that can coordinate the com- member companies to use mem- dent of technology development, CAPITOL CORRESPONDENT members’ business activity, at- mercialization of life-sciences ini- ber’s goods and services at a pref- said the MEDC expects a number tract out-of-state companies and tiatives, assist start-up companies, erential rate. of nonprofit organizations will LANSING — A new effort to pro- investment to Michigan, and help market life-sciences-related activi- Duties include recruiting busi- submit proposals to operate the mote the growth of Michigan’s life- Michigan’s life-sciences industry ties and operate programs that are nesses to be pipeline members, sciences industry is about to get pipeline. to flourish. subject to peer review. maintaining a detailed list of off the ground. Proposals are due April 14, and The state is preparing to launch But the state needs somebody to The pipeline operator also must Michigan life-sciences companies, the state expects to award the con- the Michigan Life Sciences Pipeline, a run it. So this week, the Michigan have experience with regulatory and developing a plan to make the tract in late May. The pipeline, match-making initiative for busi- Economic Development Corp. plans approval processes and must un- pipeline self-sustaining. No state prescribed by the 21st Century Jobs nesses involved in life-sciences re- to issue a request for proposal for a derstand intellectual property. funds are currently allocated for Fund 2005 legislative package, must search and commercialization, person or entity to, for at least four The operator must be able to devel- the effort, but the pipeline can begin by June 1. and those that provide products years, head up the effort. op and enact a strategic plan, and charge members a fee for its ser- Amy Lane: (517) 371-5355, and services for such efforts. The state is looking for appli- prepare contracts that encourage vices. [email protected]

Crain’s announces new beat assignments Crain’s Detroit Business has added new reporting areas designed to broaden coverage of innovation and economic change in Southeast Michigan. ■ Andrew Diet- derich, 31, will cover the new beat areas of innovation and workforce. Inno- vation will broaden Crain’s coverage of research, patents, biotech and tech- Dietderich nology transfer. Workforce will focus on changes in the workforce, the workplace and the local economy. It also includes organized labor. Diet- derich joined Crain’s in 2001. ■ Brent Snave- Snavely ly, 35, will cover auto suppliers and steel. He will continue to cover the food industry and also will cover the entertainment industry. He joined Just because it works for one small business Crain’s in 1999. ■ Anjali Fluker, doesn’t mean it works for yours. 30, adds cover- Fluker age of service industries to her current respon- sibilities of Oak- Flexible communications plans to meet your specific needs. land and Ma- From the new AT&T — combining AT&T’s passion to invent and SBC’s drive to deliver. comb County and the environ- Choose one of these or customize your own. ment. She joined Crain’s in Janu- To simplify budgeting, get unlimited For more productivity, get high Stay connected with unified messaging, ary 2005. ■ Local and domestic Long Distance speed Internet and unlimited Local high speed Internet and unlimited Local Sheena Harri- Harrison calling for one flat rate. and domestic Long Distance. and domestic Long Distance. son, 26, adds retail coverage and continues to cov- 99 98 98 er small business $49 per month $94 per month $104 per month and nonautomotive manufactur- Plus get 16% off for Plus get 24% off for ing. She joined the first three months. the first three months. Crain’s in 2004. ■ Tom Hender- son, 57, adds cov- Prices for the first line only. Additional lines are less. Call 1-888-ATT-8339 or go to att.com/yourchoice. erage of technol- Henderson ogy companies You will also be charged a monthly FUSF (Federal Universal Service Fund) cost recovery fee to help cover charges from our data transport supplier and continues to cover finance. He pursuant to state and federal telecom regulations. This fee is not a tax or government required charge. Limited time offers available to new or existing joined Crain’s last July. local business customers with 1-10 lines. Promotion(s) require one-year term commitment. Taxes, fees and other charges extra. For details of additional A staff list with contact informa- charges, restrictions and requirements, call 888-ATT-8339 toll free. Other restrictions, including credit restrictions, may apply. Service not available in all tion appears on Page 25 and at areas. SBC and the SBC logo are trademarks of AT&T Knowledge Ventures. ©2006 AT&T Knowledge Ventures. All rights reserved. 36 USC 220506 www.crainsdetroit.com. DBpageAD.qxd 9/1/2005 10:23 AM Page 1

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Page 8 CRAIN’S DETROIT BUSINESS February 27, 2006 OPINION Who’s paid for zoo? The entire region n the hubbub last week over Detroit City Council’s rejec- I tion of transferring zoo operations to its nonprofit zoological society, it was easy to overlook the numbers. Though Detroit taxes have supported zoo operations, the Detroit Zoological Society has invested in capital improve- ments — $50 million in the past 10 years and almost $100 million for the 40 years prior. Without the society, there would be no Arctic Ring of Life (aka the polar bear exhibit), no butterfly house, no amphibian conservation center or education center. Zoo donors, like zoo visitors, are from all over the region. Forty-four percent of its visitors live in Wayne County (including 23 percent from the city of Detroit); 31 percent live in Oak- land County. And nearly 50 percent of dues-paying society members are from Oakland County. If Detroit City Council members take a hard look at the numbers, they might conclude that their “jewel” long has been polished by contributions from non-Detroit residents. The city’s financial crisis, which is threatening the zoo’s future, is a good opportunity to build regional bridges, not burn them. Elevate progress over turf LLETTERSETTERS Two years ago, former Gov. William Milliken earned a standing ovation at the Detroit Regional Chamber’s leadership conference for his candid remarks on the decline of civility in Leaders fail at health care politics. As an antidote to the Zoo Follies last week, we reread Editor: like an IRA for health care. If you that speech. (A complete text is on the Michigan Land Use In- Crain’s Detroit Business On Jan. 25, Gov. Jennifer have funds you can save, you can stitute Web site, www.mlui.org.) welcomes letters to the editor. Granholm gave her State of the build your own account. Last year Milliken recalled working with the political titans of his All letters will be considered for State speech. Six nights later, publication, provided they are economists reported that the econ- era, including Detroit Mayor Coleman Young and the Republi- President Bush gave the State of signed and do not defame omy was so bad that Americans can and Democrat state legislative leaders. Each “had very the Union address. Both talked individuals or organizations. dipped into savings, even retire- firmly held views that didn’t always coincide,” Milliken said. about health care as a major issue Write: Editor, Crain’s Detroit ment funds, instead of being able and both advocated solutions typi- Business, 1155 Gratiot Ave., to create more wealth. If I could “But they were able to disagree one day on one issue and agree cal of their parties. Both solutions Detroit, MI 48207-2997. pay for my own care, why would I the next day on another. They knew disagreeing on an issue reflected their respective values; E-mail: [email protected] need a health savings account? does not make a person an enemy.” both solutions are, in different Message boards: Share your This will do no good except for Sadly, that changed. Milliken recounted an anecdote in- ways, insufficient. views in our online community. those who have the means. Granholm would expand Medic- forums.crainsdetroit.com. As for tort reform, the biggest volving a Chicago developer who had visited Detroit and con- aid to an additional 550,000 Michi- element of damage awarded by ju- cluded: In Chicago, progress is more important than turf, but ganders. This is a great victory for (about $18,000 a year for an indi- ries is past, present, and future in Detroit (and Michigan), turf is more important than the uninsured, and I applaud the vidual), but it won’t do anything medical care. Mental anguish is progress. governor. But such a plan does for our competitive business cli- capped now and economic losses nothing to control costs, improve mate. Besides, I would prefer that depend on the victim’s income. “One thing I learned long ago is that raising the level of quality or remove health care my health care be seen as some- But medical care is equally expen- your voice does not raise the level of the discussion,” Milliken costs as a competitive barrier to thing I earn, or that is my right as sive for everyone. True tort re- said. our multinational corporations. a human being; something that form, making sure awards are not “How much better off we all would be if that time and ener- Health care costs were a major fac- gives me self-respect and that is outrageous, requires us to control tor in the bankruptcies of Delphi medical costs. Rest assured that gy was spent … dealing with issues that confront a region not a “dole.” and Tower and in layoffs at those On the other hand Bush made a kind of control is not what Bush whose 20th century economy was based on heavy industry but two companies and at General Mo- truly pathetic offering to fix the was advocating. needs to adjust to compete effectively in the 21st century?” tors, DaimlerChrysler and Ford. health care crisis by using health The two leaders reflected the Next question? Additional Medicaid will aid peo- savings accounts and by tort re- ple at 200 percent of poverty level form. A health savings account is See Letters, Page 9 KEITH CRAIN: Now is the time to see some cooperation I don’t know how long the glow was brought home often We’ve got some great ture matches its revenues. This will be a great test of leader- of success from the Super Bowl during the election cam- momentum in our com- If we’re not careful we are going ship from both the City Council will last, but one thing is for sure: paign last year. munity. There can’t be to find ourselves in a dangerous and the mayor. It cannot be post- During the months leading up to All the challenges a better foundation for downward spiral: higher costs cre- poned. Feb. 5, everyone was working to- that we were facing the Detroit City Council ating higher taxes which encour- If business needs to get involved gether to get things done. then still are facing the and the mayor as they age a larger exodus of residents in the process, then the city should Not only was there a high degree city. tackle the tough jobs which brings lower tax revenues get Detroit Renaissance Inc. in- of cooperation, but there was a lev- As long as we have a that lie ahead. Just like and on and on. volved. If anyone can help down- el of congeniality that doesn’t level of congeniality, the car companies, The sooner the city tackles the size the city to a reasonable size show up very often in our commu- then now is the time to we’re looking at a very financial challenges, the sooner and budget, the executives of these nity. We saw real cooperation be- start facing up to all painful rightsizing. the city will be back on solid foot- large corporations making up the tween business and government those tough decisions You can delay all you ing. Renaissance board should be able across the board — state, county that we’ve been able to want while the city goes We’ve seen the results of cooper- to help. and local government. keep on the back burner building deeper in debt, but the indis- ation. Now we’re going to have to We’ve seen the results of cooper- Just in case anyone forgets, De- until Super Bowl was over. But we putable fact remains: Detroit has watch the city in action all on its ation before. Now it’s time to see it troit is facing a fiscal crisis. That can’t ignore the issues forever. to make sure that its infrastruc- own. used for the good of the city. DETROIT BUSINESS MAIN 02-27-06 A 21 CDB 2/24/2006 5:40 PM Page 1

February 27, 2006 CRAIN’S DETROIT BUSINESS Page 21 Local ad firms gain from state’s $32.5M push

Mark Petrosky says he’s Ford Motor Co., Comcast rosky and Bruce Duffey founded, Birmingham-based Brogan has our tenure,” she said. ready to move the needle Corp.’s Michigan opera- expects to grow from more than 40 handled Michigan’s tourism mar- Brogan does work for the Michi- on Michigan economic de- tion, the Pepsi-Cola Co., employees to 50 by year-end. keting since 1992 and also handled gan Department of Community Health velopment. and the National Baseball Also approved last week by the business marketing for about 10 and the Office of Highway Safety, and He’s a partner in DP & Hall of Fame. Strategic Fund was a two-year, $13 years, until state budget con- Bounds said Brogan is interested in Co. L.L.C., the Farmington “Certainly the biggest million contract for Birmingham- straints sliced funding. Brogan sub- pursuing additional state business. Hills agency in line to mar- part for us is going to be based McCann Erickson Worldwide to mitted bids for both pieces of busi- Nineteen agencies submitted bids ket the state to business the reward of working on handle marketing for Travel Michi- ness in the current contract round. for the MEDC marketing contracts. under a two-year, $19.5 mil- something so high-pro- gan, the state’s tourism-marketing Deidre Bounds, Brogan manag- The contracts for the selected agen- lion contract given initial file, and so important,” agency. The size of the new ing partner, said the agency knew approval last week by the tourism contract reflects that the cies are scheduled to go the State Ad- CAPITOL BRIEFINGS Petrosky said. the accounts would be up for re- board of the Michigan The already-growing current agency, Brogan & Partners view and is proud of its track ministrative Board’s finance and Amy Lane Strategic Fund. company’s billings were Convergence Marketing, is handling record in holding the state busi- claims committee on Tuesday (Feb. “We know that a lot of about $20 million in 2005 and are travel marketing for the 2006 ness for some 14 years. 28) and to the full administrative great things are happening in the projected to reach nearly $40 mil- spring and summer season, due to “The average length of time that board on March 7 for final approval. state. We need to help shape and lion in 2006. Petrosky said the com- timing requirements for media an agency keeps business is about Amy Lane: (517) 371-5355, change percep- pany, which he, brother Joe Pet- placements and campaigns. five (years), so we’re very proud of [email protected] tions on how others look at us, and demonstrate that we are a viable and perfect location to start, expand or move their business to,” Petrosky said. Petrosky In fiscal 2005, the state had no money to do business marketing. But $20 million provided under the 21st Century Jobs Fund 2005 legislative package gave the Michigan Economic Development Corp. money to spend. “When you’re not out there defining yourself, others will de- fine you,” Petrosky said. “We are extremely honored and excited and confident that we’ve been picked to work on this critical piece of work for Michigan, and help lead the turnaround.” It is the nine-year-old agency’s first piece of state business, although it had done pro bono work for the Mentor Michigan effort head- Pack. Ship. Pay. Bill. The last ed by first gentleman Dan Mulh- ern. Agency clients include ESPN,

Anton, Zorn adds partner thing you need is more to do. Mt. Clemens-based commercial real estate brokerage Anton, Zorn & FREE SMALL BUSINESS CHECKING Associates has added a new partner. Joe Sowerby, formerly vice president, bought a one-third in- SIMPLIFIES YOUR BANKING. terest in the company, which has been renamed Anton, Zorn & Sower- • No monthly maintenance fees by Inc. Sowerby is charged with • No balance requirements helping the company grow and said he expects to add four to six • FREE First 200 monthly transaction items additional brokers. The company’s total employment is now 15. • FREE National City Business CheckCard with FREE Visa® Extras Founding partners Gabe Anton and Dave Zorn formed the compa- • FREE Small Business Online Banking ny in 1988. — Jennette Smith • FREE 90 days* of Small Business Online Bill Payment

BANKRUPTCIES SM The following businesses filed for Chapter 7 or 11 protection in U.S. Bankruptcy Court in Detroit Feb. 17- 23. Under Chapter 11, a company files a reorganization plan that the court must approve. Chapter 7 involves total liquidation. E&E Concrete L.L.C., 15101 Wyoming, Detroit, voluntary Chapter 7. Assets: $156,200; liabilities: $217,986.22. Business Banking • Personal Banking • Investments • Mortgage Loans 2411 Restoration Services L.L.C., 4917 Schaefer, Suite 212, Dearborn, voluntary Chapter 7. Assets and liabilities Stop by any National City branch, visit NationalCity.com not available. Arris International Corp., 3500-A W. 11 or call 888-NCB-4BIZ (622-4249). Mile Road, Berkley, voluntary Chap- ter 11. Assets: $23,067.53; liabilities: $241,734.75. *After 90 days, $5.95 for unlimited online bill payments. — Compiled by Laura Bommarito Mortgage loans are products of National City Mortgage, a division of National City Bank of Indiana. Member FDIC • ©2006, National City Corporation® DETROIT BUSINESS MAIN 02-27-06 A 22 CDB 2/24/2006 4:19 PM Page 1

Page 22 CRAIN’S DETROIT BUSINESS February 27, 2006 Indian IT firm opens ANN Join st UA 1 L 100’s of Exhibitors Detroit office for 3 IREM 1000’s of Professionals In Partnership with Detroit Metropolitan Apartment Association TRADE SHOW at Burton Manor, General Motors work OFFICE • INDUSTRIAL • RESIDENTIAL • RETAIL 27777 Schoolcraft, Livonia BY RALPH KISIEL CRAIN NEWS SERVICE SATYAM SNAPSHOT Wednesday, March 15, 2006 Satyam Computer Services Ltd. is Name: Satyam Computer Services the second Indian company to land Ltd. 10:00 a.m. to 5:30 p.m. business as part of General Motors Headquarters: Secunderabad, Corp.’ $15 billion 2006 information- India. technology outsourcing plan. Established: 1987; fourth-largest Satyam learned Feb. 2 that it Indian IT software and services INFORMATION would be a subcontractor on GM company. & BOOTH RESERVATIONS information-technology work, Founder and chairman: B. landing contracts with Hewlett- Ramalinga Raju. Packard Co. and Capgemini. Revenue: $793.6 million, fiscal Bea King, Exec. Director The automaker awarded con- year ended March 31, 2005. tracts to six IT vendors that GM Services offered: Software IREM Michigan Chapter No.5 calls “system integrators.” HP, development and maintenance, with a contract worth more than consulting, enterprise business (248) 615-3885 software and infrastructure- $700 million, was second only to management services. Jerry Moyer, CPM EDS Corp. in terms of the dollar value of its contract. IREM Special Events Chair Capgemini secured a contract illustrates its push for automotive from GM worth $500 million. All business. In addition to its initial (248) 554-6814 six system integrators will hire $2 million investment, Satyam will scores of smaller companies, such spend another $5 million to $7 mil- Kristian James, Assoc. Exec. as Satyam, to help them meet GM’s lion annually on center operations. DMAA information-technology needs “Visitors will be able to see our around the world. expertise and capabilities without (248) 427-1532 Just one day after the GM an- having to travel all the way to In- nouncement, Satyam further ce- dia,” Subramanian said. mented its footprint in the Detroit “The center will help us connect area, opening its $2 million Auto- to the industry better in terms of motive Center of Excellence in the trends and pains, the hot but- Southfield. It will use the center to tons and the opportunities and showcase how it can custom-devel- challenges.” op software for automakers and The center has 50 employees, but suppliers. that number is expected to grow, “This is a day that our dream is he said. The company also has a coming true to have our footprint center of excellence in Chennai, In- in Detroit, the automotive capi- dia. Subramanian said two others tal,” said Subu Subramanian, se- are planned for Japan and Europe. nior vice president of Satyam’s While Satyam will be a subcon- manufacturing and automotive tractor, Wipro Ltd., the second- businesses. largest Indian IT outsourcing com- Satyam will do about $150 mil- pany, will work directly with GM lion in work for GM as subcontrac- to integrate the automaker’s sys- tor for HP and Capgemini and in tems around the world. As one of direct work with GM during the the six system integrators, Wipro next five years, Subramanian said. landed a $27 million contract di- GM awarded contracts worth rectly with GM. half of about $15 billion that the au- N.S. Bala, senior vice president tomaker will dole out this year in of Wipro’s manufacturing busi- five-year contracts. GM said that it ness, said that the Indian company actually will spend less than $15 will maintain, develop and deploy billion because it expects the new IT systems and software tools process to save money. GM won’t globally for GM. It also will do divulge anticipated savings. some work in partnership with On GM’s 2006 program, Sat- EDS, Bala said. yam’s strategy from the outset was “We’ve been working with GM to partner with the key system in- for four years now, and almost all tegrators, Subramanian said. the work has been bidding on indi- “We identified a few areas vidual projects in the development where it makes sense for us and we area,” Bala said. “This new con- could really create value,” he said. tract puts us in a tier-one position, “We were able to win in all the ar- a comfortable position for landing eas we decided to bid. We also ex- future work with GM.” pect to grow the business we’re do- Wipro has a software developing directly with GM.” ment center in Windsor. Satyam’s new Southfield center From Automotive News

Sales executives seek nominees for awards The Marketing & Sales Executives the organization’s annual black-tie of Detroit is accepting nominations gala at The Reserve in Birming- for its Platinum Awards for one ham on May 5. The awards are team and one individual who suc- sponsored by Crain’s Detroit Busi- cessfully marketed and sold a criti- ness. cal product or service. Details and forms are available Nominations are due by March at www.msedetroit.org or by call- 3. The awards will be presented at ing (248) 643-6590. DETROIT BUSINESS MAIN 02-27-06 A 23 CDB 2/24/2006 4:20 PM Page 1

February 27, 2006 CRAIN’S DETROIT BUSINESS Page 23 EARNINGS Nonprofit seeks to block Asset Acceptance Capital Nasdaq: AACC 12 months: Revenue ...... $354,558,000 $296,731,000 4th Quarter Dec. 31 2005 2004 †Net income ...... $73,889,000 $38,358,000 Revenue ...... $53,730,000 $56,912,000 Earnings per share: ...... $2.30 $1.27 Net income ...... $6,098,000 $12,567,000 †- Includes $27.36 million from discontinued op- Earnings per share: ...... $.16 $.34 erations in 2005 12 months: Revenue ...... $252,196,000 $213,723,000 Northville hospital land sale Net income ...... $51,267,000 $746,000 TechTeam Global Inc. Nasdaq: TEAM Earnings per share: ...... $1.38 $.02 4th Quarter Dec. 31 2005 2004 Revenue ...... $40,860,000 $33,316,000 CMS Energy Corp. NYSE: CMS Net income ...... $911,000 $1,506,000 BY AMY LANE Johnson said. causes and nonprofit events in his 4th Quarter Dec. 31 2005 2004 Earnings per share: ...... $.09 $.16 12 months: CAPITOL CORRESPONDENT The state, however, argues community, said legislative liai- Revenue ...... $1,906,000,000 $1,562,000,000 Net income ...... ($6,000,000) $47,000,000 Revenue ...... $166,497,000 $128,988,000 Michigan’s Promise lacks stand- son Frank Raha. Net income ...... $5,468,000 $4,725,000 LANSING — A little-known Earnings per share: ...... ($.03) $.24 ing and wants the suit thrown out. For example, Ward could use it 12 months: Earnings per share: ...... $.54 $.49 nonprofit headed by former Re- “We have questions. Questions to buy a table at a United Way din- Revenue ...... $6,288,000,000 $5,472,000,000 publican House Speaker Rick TRW Automotive Holdings NYSE: TRW about whether their involvement ner instead of paying out of his Net income ...... ($94,000,000) $110,000,000 Johnson represents what may be Earnings per share ...... ($.44) $.64 in this lawsuit matches the broad- 4th Quarter Dec 31 2005 2004 the final legal roadblock to the sale own pocket or a campaign ac- Revenue ...... $3,136,00,000 $3,186,000,000 er purpose of the nonprofit to be- Domino’s Pizza Inc. NYSE: DPZ of the state’s Northville Psychiatric count. Net income ...... $59,000,000($62,000,000) gin with,” said Rusty Hills, direc- “He is always getting asked to 4th Quarter Dec. 31 2005 2004 Earnings per share: ...... $.57 ($.63) Hospital site. 12 months: tor of communications for Revenue ...... $457,399,000 $478,527,000 In a lawsuit seeking a prelimi- sponsor or do a lot of community- Net income ...... $40,196,000 $27,017,000 Revenue ...... $12,643,000,000$12,011,000,000 Michigan Attorney General Mike type events. It allows him to do Earnings per share: ...... $.59 $.38 Net income ...... $204,000,000 $29,000,000 nary injunction, Michigan’s Pro- Earnings per share: ...... $1.99 $.29 Cox, whose office is defending the these things,” Raha said. 12 months: mise says it is fighting the impend- Revenue ...... $1,511,597,000 $1,446,497,000 ing $31.5 million state. “Why are they involved in Questions on how Michigan’s Net income ...... $108,282,000 $62,287,000 Universal Truckload Services Nasdaq: UACL sale in part be- this, and how does that relate to Promise is of use to Johnson in his Earnings per share: ...... $1.58 $.81 4th Quarter Dec. 31 2005 2004 cause it is a vio- their charter?” current occupation were handled †Revenue ...... $147,241,000 $114,109,000 Handleman Co. NYSE: HDL Net income ...... $4,654,000 $3,483,000 lation of Michi- Jon Weaver, Real Estate Inter- last week by Perry. Perry said that 3rd Quarter Jan 31 2006 2005 Earnings per share: ...... $.29 $.35 gan law, its ests partner, said he could not is one of the points that will be ad- Revenue ...... $485,021,000 $459,270,000 12 months: constitution comment for this story because of Net income ...... $13,976,000 $20,766,000 Revenue ...... $531,339,000 $362,016,000 dressed in a future brief but he Net income ...... $17,167,000 $11,118,000 and the public the pending litigation. Earnings per share: ...... $.68 $.94 would not elaborate further. 9 months: Earnings per share: ...... $1.12 $1.11 trust. Johnson Perry said he could not discuss In a Dec. 30 brief, Michigan’s Revenue ...... $1,027,669,000 $986,669,000 †- Fourth quarter revenue includes fuel surcharges of $14.2 million for 2005 and $5.6 million for 2004. is the nonprof- whether he had any conversations Promise says it has standing to Net income ...... $20,102,000 $29,844,000 Earnings per share: ...... $.95 $1.31 it’s president with anyone from Grand Sakwa take action to prevent the illegal and sole officer, Johnson on the Michigan’s Promise law- expenditure of state funds, and Kaydon Corp. NYSE: KDN and a lobbyist DIVIDENDS suit. Johnson and attorney constitutional violations. It cites 4th Quarter Dec. 31 2005 2004 Company Amount Payable Record with Fraser Consulting, the govern- Richard Sable, partner in D’Agos- previous court rule and statute al- Revenue ...... $89,653,000 $72,221,000 date date ment-relations arm of law firm Net income ...... $14,408,000 $10,008,000 2005 2005 tini, Sable and Ruggeri, said the lowing nonprofits organized for Fraser Trebilcock Davis & Dunlap P.C., Earnings per share: ...... $.46 $.31 Republic Bancorp Inc...... $.11 04-10 03-17 developer has not been a contribu- civic, protective or improvement in Lansing. tor to the nonprofit. If the arguments sound familiar, purposes to take such legal action. When asked whether Grand Asked specifically how Michi- they are. Michigan’s Promise filed Sakwa encouraged Michigan’s its Oct. 31 suit on the heels of an- gan’s Promise lawsuit fits its mis- Promise to file suit, Sable said: sion, Perry said: “I think that G2: the geo-logical choice other effort to block the sale, by “Michigan’s Promise are their Farmington Hills-based developer Michigan’s Promise’s participa- geotechnical own decision-makers. This was a tion in the case is very consistent Grand Sakwa Properties L.L.C. case where Rick Johnson looked at with its purposes, and we’ll environmental Michigan’s Promise sued 20 it, and decided, if they can’t pur- demonstrate that” in an upcoming days after Ingham County Circuit sue it, I’m going to do it because brief. construction engineering Court Judge James Giddings ruled it’s wrong.” But even as the nonprofit as- that Grand Sakwa lacked standing He said Grand Sakwa “encour- serts public-policy arguments, its G2 Consulting Group’s to challenge the sale, but indicated ages Michigan’s Promise to pro- background and funding are in comprehensive engineering and it otherwise might prevail in seek- ceed,” and the developer also in- many ways a private matter. consulting services let you build better, ing a preliminary injunction, tends to appeal Giddings’ decision Johnson recruited officers to build smarter – and build profits. We based on the merits of its claims. that Grand Sakwa does not have form Michigan’s Promise before Michigan’s Promise in part al- standing. thoroughly evaluate your site and engineer he became House speaker, and leges the same constitutional and Michigan’s Promise is a solutions that break new ground, not your budget. raised most of its funding. statutory violations. A hearing be- holdover from Johnson’s days in Let G2 lay the groundwork for success on your next project! He would not identify contribu- fore Giddings is scheduled March the Legislature, a 501(c)(4) formed tors that supplied $654,468 in rev- 17. in July 2000 to, among other Troy, MI: 248.680.0400 Grand Sakwa and Michigan’s enue to the nonprofit through things, carry out educational ef- Detroit, MI: 313.967.7692 Promise share legal counsel: Fras- forts on Michigan economic, edu- 2004, the most recent year for Chicago, IL: 847.353.8740 er Trebilcock and D’Agostini, Sable cation, health care and land-use is- which U.S. Internal Revenue Service and Ruggeri P.L.L.C. in Shelby sues, receive and administer funds tax returns were available. www.g2consultinggroup.com Township. Grand Sakwa has also for the public’s welfare, and advo- Expenditures listed on the Form been a client of Fraser Consulting, cate for democracy and good gov- 990 returns include: research; Fraser Trebilcock President ernment. fundraising costs; travel; confer- Groundbreaking Solutions Michael Perry said. Johnson said the group’s past ences, conventions and meetings; Building well-grounded relationships since 1994 Despite the connection, Michi- activities include supporting con- and meals and entertainment. gan’s Promise asserts it is suing ferences and sending legislative Johnson said he is having a re- on the principles involved. Those staff to governmental training port compiled of Michigan include that the state failed to ob- schools and lawmakers to environ- Promise’s activities over the last tain at least fair market value and mental and public-policy semi- five years, but would not provide did not sell the land “in a manner nars. Michigan’s Promise also additional details to Crain’s for to realize the highest price for the sponsored youth-in-government this story. He referred questions sale and the highest return to the programs, like mock sessions held on specific past activities to for- state.” on the state House and Senate mer President David Porteous, a The state had specified a mini- floors, he said. Reed City attorney, who did not re- Wells Fargo Business Credit,Inc. mum bid of $33 million, but ulti- Johnson said that when he was turn calls on Feb. 14 and Feb. 16 mately accepted a $31.5 million bid House speaker and cut House ex- from Crain’s. Asset Based Financing for: from REIS Northville L.L.C. Grand penses such as travel, Michigan’s Neither Johnson, Porteous nor Acquisitions • Restructurings • Turnarounds • Growth Sakwa, which had made offers for Promise was able to “fill in some other previous officers — Michigan Also providing Factoring Services and D.I.P.Financing the 414-acre property in earlier of that gap,” by sending legislators Hotel, Motel and Resort Association 26677 W.Twelve Mile Road • Suite 116 • Southfield, MI 48034 bidding rounds, said it would have or staff to educational functions. President and CEO Steve Yencich, (248) 358-8352 submitted an offer if it had known Other legislators also have and Michigan Chamber of Commerce the state would negotiate on price. 501(c)(4)s. For example, House Ma- director of political affairs Phil REIS is a partnership of Bloom- jority Floor Leader Chris Ward, R- Guyeskey — received compensa- field Hills-based Real Estate Inter- Brighton, in September incorpo- tion. The previous officers’ last ests Group Inc. and Southfield- rated The Chris Ward Fund for Civic year with the nonprofit was 2003; based Schostak Bros. & Co. Inc. Involvement. The 501(c)(4) has in Johnson was the sole officer in “There’s specific state law that part a public-education and gov- 2004 and he left the Legislature at was enacted … that wasn’t fol- ernment-focused mission state- the end of that year. Milwaukee • Chicago • Fort Wayne • Detroit • Cincinnati • Cleveland • St. Louis lowed. And that’s why Michigan’s ment, but was formed in particu- Amy Lane: (517) 371-5355, alane Promise sued the state on this,” lar to enable Ward to support local @crain.com © 2003 Wells Fargo Business Credit, Inc. All rights reserved. DETROIT BUSINESS MAIN 02-27-06 A 24 CDB 2/24/2006 6:25 PM Page 1

Page 24 CRAIN’S DETROIT BUSINESS February 27, 2006 Earnings: Minus GM, Skating: Clubs, rinks go for gold ■ From Page 1 profits increase in 4Q of good skating in this area. I for ice time, coaches’ fees, travel think we will draw from outside MEDALS MEAN MONEY and costumes. ■ From Page 1 our area more than we have.” For the most part, skaters’ fam- The addition of Shpilband and Canton Township-based skaters ilies support the process until did well during the fourth quarter, Tanith Belbin and Ben Agosto are Zoueva in 2003 brought ice danc- now attracting corporate performers reach a point where such as Taubman Centers Inc. and 4TH QUARTER EARNINGS ing, and a new group of top they may be eligible for grants Kelly Services Inc., are companies For complete results visit endorsement deals, another skaters, including Belbin and source of income for the most though the U.S. Figure Skating that do a great deal of business out- www.crainsdetroit.com Agosto. Shpilband and Zoueva elite of skaters. Fund, or compete at events that side of Michigan — reflecting that With GM. 43 reporting companies. were attracted to Canton because Deals were being finalized last award prize money. the national economy is doing ice time was available from early “Skating is a 10-year deal be- $1.02 week with Speedo for workout gear much better than the local econo- morning to late afternoon and the and Johnson & Johnson promoting fore you can get to the point my. billion 211% quality of the center, according to Acuvue Oasys contact lenses where you’re at the world stage,” “Nationwide, earnings look $1.13 center management. through Edge Marketing & Clark said. pretty good. They once again in ag- billion To even begin to compete, Management Inc., in Charlotte, Jerod Swallow, ice dancer coor- gregate exceeded the expectations N.C. skaters must be a member of a fig- dinator for the Detroit Skating of analysts,” said Carl Tannen- ure skating club. Usually non- Nova Lanktree, an executive vice Club, lived through the financial baum, chief economist for Chica- 2005 2004 president of CSMG Inc. in Chicago profits, a few clubs own their own challenge when he was a competi- go-based LaSalle Bank Corp. who negotiates sports celebrity Without GM. ice arenas. Others buy ice time tive skater. The Northville native MSNBC reported on Feb. 20 that 42 reporting companies. deals, said figure skaters are wise from arenas. Locally, the Detroit said his family made sacrifices as overall earnings are up 15 percent to jump on endorsement deals 228.0% Skating Club owns its Bloomfield now with reputable companies. he was getting his start. nationally, the 10th successive $3.67 Hills center while the Arctic club “It’s a lifestyle you’ve got to ded- quarter of double-digit earnings billion “The nice little one-offs that keep and the Ann Arbor Figure Skating you visible can be catalytic to icate yourself to,” he said. “It’s growth. Club use the ice at the Arctic Edge success after the Olympics,” she hard when you’re a teenager. You “That’s only and the Ann Arbor Ice Cube, respec- said. “I don’t see them going into really feel the burden when you’re been repeated tively. seven-figure deals.” at the novice or junior level.” twice before in $1.12 According to IRS 990 forms, De- Overall, certain figure skaters are He and partner Elizabeth Pun- the last 40 billion troit Skating Club reported 2004 very marketable, but silver medals salan, now his wife, made it to years,” said aren’t usually enough for lasting 2005 2004 revenue of $2.9 million and Ann the 1994 and 1998 Olympics. DSC David Sowerby, star power, Lanktree said. portfolio manag- Source: Individual companies Arbor reported 2003 revenue of Michelle Kwan is an exception to sent six of the 13 U.S. skaters to er and chief $875,474. The Arctic club does not that rule. 1998’s Nagano games, including market analyst ArvinMeritor, for example, beat buy and resell ice time, so its Lipinski and former world cham- for Bloomfield analysts’ fourth-quarter expecta- gross revenue is only about around and has two up-and-com- pion Todd Eldredge. Hills-based tions and reported net income of $10,000 a year based on member- ing ice-dance pairs, Evan Bates To illustrate the small world of Sowerby Loomis Sayles & $34 million. But a portion of its ship dues, Clark said, and the and Emily Samuelson and broth- skating, Belbin and Agosto first Co. L.P. earnings came from the sale of its club breaks even after expenses. er-and-sister team Madison and paired up at the Detroit Skating Michigan’s publicly traded com- ride-control business based in Hockey is by far the revenue Keiffer Hubbell. Club and Shpilband, a longtime panies didn’t do as well. Sowerby Asti, Italy. mainstay for ice rinks. Craig Diane Wilson, general manager coach at the DSC before his move said the 80 state companies he fol- The widespread automotive re- O’Neill, Arctic Edge general man- of the 10-year-old Ice Cube, said to Canton, was the Swallows’ lows showed an 8 percent improve- structuring efforts make it diffi- ager, estimated Arctic Edge the three rinks at the center en- coach. Another Olympic team ment in the fourth quarter of 2005 cult to predict how the local econo- makes about 75 percent of its rev- able her to book, for example, member, Jamie Silverstein, for- compared with the same period my will do this year, said Ed enue from hockey and 25 percent evening hockey on two rinks and merly at DSC, skates at Arctic the prior year. Eberle, president of Seizert Capital from skating. Most rinks are clos- figure skating on the third. Edge with Ryan O’Meara and And, the overall performance of Partners L.L.C. i n Birmingham. er to 90 percent hockey, he said. The Ann Arbor center also has coaches Shpilband and Zoueva. publicly traded companies tracked Eberle predicted that it will be Arctic Edge owner John Stan- major synchronized skating and This year, the DSC’s Marcy by Crain’s was artificially boosted more difficult this year for South- sik declined to give specific rev- NHL team development pro- Hinzmann and Aaron Parchem by Visteon Corp., which posted a east Michigan’s banks to improve enue figures. Stansik and part- grams. Wilson said the Olympic were part of the American pairs large profit in the fourth quarter their profits. That’s because banks ners also own the Arctic Pond in buzz always brings new skaters. team at the Olympics, placing because of the sale of 23 plants to borrow money on a short-term ba- Plymouth. But typical gross rev- “It goes in waves, just like 13th. The history of the club dates former parent Ford Motor Co., a sis. As short-term interest rates in- enue for a center with two rinks when the Red Wings win the Stan- back to prior to World War I with transaction that resulted in a one- crease, it costs banks more for and ancillary businesses is about ley Cup and hockey soars,” she predecessor organizations; it be- time gain of $1.8 billion. them to borrow. That makes it $2 million, he confirmed. said. came a nonprofit in 1994. This year’s fourth-quarter list of harder for them to make a profit Arctic Edge and other leading Stansik called the learn-to- After the Olympics, the U.S. off the long-term loans they offer publicly traded companies leaves local rinks and clubs also have skate programs the lifeblood for National Dance Champion Swal- homeowners or businesses. out Troy-based Delphi Corp. Delphi thriving learn-to-skate programs. arenas and skating clubs. “Some lows toured with the Champions Plus, many local banks provide filed for Chapter 11 bankruptcy O’Neill said about 260 kids are en- kids peel off and do figure skating on Ice show for four months to loans to the automotive industry protection in October and has not rolled at the center. If inquiries and some kids peel off and do pay for their training, another and may be facing customer de- yet filed it fourth-quarter earnings continue to grow, the arena may hockey,” he said. common route for skaters to earn faults. reports with the U.S. Securities and consider adding more sessions, That process begins another extra money. Champions on Ice Sowerby is more optimistic and Exchange Commission. Delphi files and eventually, more ice. source of business for the clubs comes to Joe Louis Arena Sun- predicts that Michigan’s publicly monthly operating reports with “We’re hoping to possibly add a and rinks. A hockey league will day, May 7 featuring many traded companies collectively will third sheet of ice,” he said. “That pay $70,000 a month for ice time. Olympic performers. the court and lost $1.1 billion in see earnings growth of about 11 to December. would be our goal. You keep the Ice skaters pay up to about $25 a “We were fortunate enough to 12 percent this year, a 3 percent basic stuff strong. The kids start day, O’Neill said. be around when skating went J. Ferron, partner at Pricewater- improvement over 2004. houseCoopers L.L.C.’s Detroit office, at 5, 6 years old and move right On the athlete side, skaters at through an explosion of interest,” Still, said Tannenbaum, “I through the ranks.” the highest levels can expect an- Swallow said. said fourth-quarter performance spend a lot of time in Michigan … of Southeast Michigan’s auto sup- The Ann Arbor club, mean- nual costs of $35,000 to $40,000, Jennette Smith: (313) 446-0414, and I have to tell you that half the while, is one of the oldest clubs Clark said, including expenses [email protected] pliers often depended on what Michiganders there that I talk to phase of a restructuring program are in a state of near despair. But they were in. there is another half there that has “Almost every company has a reasons for hope.” large or important restructuring In some cases that hope is based program in place,” Ferron said. on efforts to diversify the state’s Webb: Investing in navigation “They are cutting costs, they are economy and in other cases is ■ moving to lower cost production based on the possibility that the From Page 3 countries, or they are sheering off North American automotive in- oping similar technology, said square-foot plant in Pellston into systems and cash in on Webb’s certain product lines that they can dustry will successfully restruc- Dave Noble, Egemin’s director of a product-demonstration facility. success, said Richard Ward, exec- no longer make money on.” ture itself. marketing. Potential customers are encour- utive vice president of the Materi- This year, rising health care Both are tall orders. Noble said systems such as aged to reroute one of their al Handling Industry of America in costs, high raw material prices, “We had a terrible, terrible re- Webb’s and the one being devel- trucks to the facility, where Webb Charlotte, N.C. along with the likely continued cession in the 1980s when oil oped by Egemin will likely be- can demonstrate the Smart- “The concept has been one pur- market share losses of the domes- prices were expensive. Well, oil come popular among other bever- Loader loading and unloading sued for several years to be able tic automakers will continue to prices are expensive again, but age companies. their products. to reliably and fairly quickly use wreak havoc on the balance sheets Chicago has held in there,” Tan- “Typically what you’ll find is Stewart said several clients are (automatic-guided vehicles) to of local auto suppliers, Ferron said. nenbaum said. “It takes time. In that it’s companies that do some scheduled to make trips to the load and unload trailers,” Ward “This is a structural change in our case it took 20 to 25 years, but sort of storing within their own demonstration facility, which the said. “I would expect their prod- the industry, not a cyclical change, there is life on the other side and facility and need to get that prod- company expects will be a power- uct offering and the research and what most (companies) have we are all hoping that Michigan uct out quickly after it’s been ful sales tool. that’s gone into that to be re- decided is that they have to do a pulls through.” stored,” Noble said. If SmartLoader sales take off, ceived very well.” rigorous product-line analysis of Brent Snavely: (313) 446-0405, Webb also spent about $200,000 Webb’s competitors could speed Sheena Harrison: (313) 446-0325, profitability,” Ferron said. [email protected] last year to renovate a 46,000- their efforts to develop similar [email protected] DETROIT BUSINESS MAIN 02-27-06 A 25 CDB 2/24/2006 5:39 PM Page 1

February 27, 2006 CRAIN’S DETROIT BUSINESS Page 25 MCA: $1B in restitution not likely to be paid www.crainsdetroit.com ■ From Page 3 EDITOR-IN-CHIEF Keith E. Crain PUBLISHER Mary Kramer, (313) 446-0399 or [email protected] corporate finance, is scheduled to schemes that led to MCA’s demise. in expenses to accounting firms 7 to 24 months and ordered to pay ASSOCIATE PUBLISHER Christopher Crain, be sentenced Tuesday. He also was ordered to pay $256 that spent 18 months poring over $65.7 million. (313) 446-1645 or [email protected] EXECUTIVE EDITOR Cindy Goodaker, (313) 446- “It is such a staggeringly high million in restitution. He contin- documents and finding assets. Keith Pietila, former CFO, was 0460 or [email protected] sum,” Feikens said. “The high ues to serve his sentence. Baskin said searches include go- sentenced by Feikens to four years MANAGING EDITOR Jeff Karoub, (313) 446- likelihood is it will never be paid.” Federal attorneys believe that ing to county clerk’s offices look- in prison in May 2003. He pleaded 0402 or [email protected] WEB GENERAL MANAGER Bob Allen, (313) Further, he said, “there’s no mo- the $256 million MCA executives ing for deeds in guilty in January 2002. He was or- 446-0403 or [email protected] tivation for any of them to pay it schemed to defraud out of in- relatives’ dered to pay $256.6 million. He con- ASSISTANT MANAGING EDITOR Michael Lee, (313) 446-0416 or [email protected] back. It’ll be a hard effort for the vestors was used for the most part names, poring tinues to serve his sentence. SPECIAL SECTIONS EDITOR Shawn Selby, (313) U.S. Attorney’s office.” to run the company as it foundered through can- In December 2003, Kevin Lasky 446-1654 or [email protected] Stephen Murphy, U.S. attorney during its last days, Hiyama said. celed checks GRAPHICS EDITOR Nancy Clark, (313) 446- was sentenced to serve two years 1608 or [email protected] for the Eastern District of Michi- With more than $1 billion in and looking at in prison, three years of super- COPY EDITOR Vic Doucette, (313) 446-0410 gan, said Thursday that, “frankly, restitution ordered, Murphy said phone records. or [email protected] vised release and ordered to pay DATA EDITOR Anne Marks, (313) 446-0418 or it’s a problem.” orders against O’Leary, Wells, If you see a $128 million on wire fraud charges. [email protected] “If a person is not under crimi- Swain and the four other execu- bunch of calls to Lasky was head of Southfield- WEB EDITOR Dan Eizans, (313) 446-0473 or nal indictment or in bankruptcy, tives are meant to send a message the Bahamas, he [email protected] based MCA’s Special Loan Group EDITORIAL SUPPORT Anita Duncan, (313) it’s not illegal to move assets,” about securities fraud. said, you hire an 446-0329; Joanne Scharich, (313) 446-0419 and an officer of Rimco Realty and Murphy said. “Even if they know “We want to promote the in- attorney there Baskin NEWSROOM (313) 446-0329, FAX (313) 446- Mortgage Co., formerly a wholly 1687 TIP LINE (313) 446-6766 they’re going to be charged.” tegrity of the economic system in to check property records for pur- owned subsidiary of MCA. He be- Stephen Hiyama, assistant U.S. Southeast Michigan,” Murphy chases there, he said. REPORTERS gan serving his term in December attorney for the eastern district said. “We’re not going to tolerate “There are just so many ways to Robert Ankeny: Covers the city of Detroit, Wayne 2005. County government, and law. (313) 446-0404 or and lead prosecutor, said the issue economic fraud in our community take money out of the mainstream [email protected]. only came up once during the case. and will continue to reinforce that and put it elsewhere,” he said. In June 2003, Alexander Ajemi- Sherri Begin: Covers nonprofits and education. an was sentenced by Feikens to (313) 446-1694 or [email protected] That was when Patrick Quinlan message.” “The primary job of the U.S. attor- Andrew Dietderich: Covers innovation and three years and one month in workforce. (313) 446-0315 or Sr., former chairman and CEO, Attorney Henry Baskin of the ney’s office is to put people in jail, [email protected]. filed a motion in July 2002 to have Birmingham-based Baskin Law Firm and they do a good job of it. Find- prison for mail fraud and making Anjali Fluker: Covers Macomb and Oakland false statements to the SEC. counties, services and environment. (313) 446- a court-appointed attorney repre- P.C. said he regularly has to track ing money is not primary on their 6796 or [email protected]. sent him. Hiyama said it was dis- down hidden assets during divorce radar screen.” Ajemian also was sentenced to Sheena Harrison: Covers small business, retail three years of supervised release and nonautomotive manufacturing. (313) 446- covered while analyzing Quinlan’s cases and described the work as O’Leary will be the seventh for- 0325 or [email protected]. assets after the request that he had time-consuming and tedious. It mer executive of MCA to be sen- and ordered to pay $256.6 million Tom Henderson: Covers banking, finance and technology. (313) 446-0337 or traded house titles with a family also can be expensive. tenced since 2003. in restitution. He has completed [email protected]. member for a house in the Grosse He said he just finished a di- Wells became the sixth Feb. 16 serving his prison term with time Michelle Martinez: Covers health care, transportation and international business. (313) Pointe area. vorce case in northern Michigan when he was sentenced for con- off for good behavior. 446-1622 or [email protected]. Last July, Edmunds sentenced of an out-of-state couple that spiracy and mail fraud. Feikens Reporter Tom Henderson con- Jennette Smith: Covers real estate and hospitality. (313) 446-0414 or Quinlan to 10 years in prison. He owned a home there. The man’s as- ordered him to serve five years in tributed to this story. [email protected]. was accused by government sets were suspiciously low. The prison and pay restitution of $242 Andrew Dietderich: (313) 446- Brent Snavely: Covers auto suppliers, steel and restaurants and entertainment. (313) 446-0405 lawyers of masterminding judge eventually approved $750,000 million. Swain was sentenced Feb. 0315, [email protected] or [email protected]. LANSING BUREAU Amy Lane: Covers business issues at the Capitol, telecommunications and utilities. (517) 371-5355, FAX (517) 371-2492, [email protected]. or 115 W. Allegan, Suite 220, Lansing 48933. DMC: Profit helps image Summit: Detroit hot spot ADVERTISING ADVERTISING DIRECTOR Marla Downs, (313) ■ From Page 3 ■ From Page 1 446-6032 or [email protected] SALES INQUIRIES: (313) 446-6052; FAX (313) that happening,” Lutz said. But the every year, but also pointed to a had 2005 revenue of $989 million. he said. 393-0997 system still is faced with well-capi- drop in elective procedures — a by- That’s because Gartner’s sur- “Events like the Gartner Wire- NEW BUSINESS DEVELOPMENT MANAGER Cathy Ross, (313) 446-0307, [email protected] talized competitors such as Henry product of mass layoffs and health veys show a large concentration less and Mobile Summit are op- ADVERTISING SALES Jeff Anderson, Terri Ford Health System that are build- care cost shifting by Michigan’s of mobile computing takes place portunities to showcase our con- Engstrom, Matthew J. Langan, Shawn McCracken, Tamara Rokowski, Dale Smolinski ing new hospitals and programs of largest employers — as a major in the Midwest, Dulaney said, vention capabilities, facilities WESTERN ACCOUNTS Ellen Mazen (Los their own. challenge for 2006. from keeping track of warehouse and attractions.” Angeles) (323) 370-2477 CLASSIFIED MANAGER Melissa McKay, (313) Nancy Schlichting, president “Hospitals are going to be com- inventory to connecting to the of- The upcoming Gartner event 446-1692 and CEO of Henry Ford, said that peting for a shrinking market,” fice from remote locations. is designed for CIOs, IT man- CLASSIFIED ACCOUNT EXECUTIVE Rebekah its flagship Detroit hospital in- Duggan said. “There’s a preference for the agers and planners, integration Cook, (313) 446-1655 MARKETING DIRECTOR Mary Ann Short creased its admissions by 1,800 pa- Working in the DMC’s favor is a Midwest because a lot of the and security specialists, and MARKETING ASSISTANT Jennifer Dunn tients, or 4.9 percent, during 2005 renewed commitment by its physi- heartland industries use mobile business analysts and consul- MARKETING ARTIST Sylvia Kolaski by touting its medical-group model cians to steer patients toward computers,” he said. tants who work with wireless SALES SUPPORT Ann Perry, Andrea Beckham, in a marketing campaign. The sys- downtown hospitals, a result of a Conference attendees also like and mobile technologies. YahNica Crawford CIRCULATION Candice Yopp, Manager. tem also built up surgical special- Duggan-led change in hospital-doc- sessions and the hotel they stay “The Gartner Wireless & Mo- PRODUCTION MANAGER Wendy Kobylarz ties, such as the robotic prostate tor relationships, said Stuart Pa- in to be under one roof, which the bile Technologies Summit is a PRODUCTION SUPERVISOR Larry Williams, surgery performed at its Vattikuti terson, senior research associate Detroit Marriott offers, he said. place where an agenda is set for (313) 446-0301 SUBSCRIPTIONS (313) 446-0450, Institute. at the Citizens Research Council of Gartner’s summit will be the the coming year for wireless mo- (888) 909-9111 Henry Ford in October broke Michigan in Lansing. third major tech conference in bility,” said Jeff Bradley, vice TO FIND A DATE A STORY WAS PUBLISHED: (313) 446-0367 or e-mail the Crain Information ground on a $310 million hospital “The fundamental outcome of Detroit in the past two years. president of business data ser- Center at [email protected]. in West Bloomfield Township. how well a hospital does is its doc- Detroit-based Compuware Corp. vices at Atlanta-based Cingular CRAIN’S DETROIT BUSINESS IS PUBLISHED BY “We’ve put a lot of growth initia- tors,” he said. “If doctors aren’t ad- (Nasdaq: CPWR) hosted its first Wireless L.L.C. Cingular is one of CRAIN COMMUNICATIONS INC. CHAIRMAN Keith E. Crain tives in place,” Schlichting said. mitting people and participating OJ.X conference in 2004 and the sponsors of the event. PRESIDENT Rance Crain “It’s changing the context of how fully, that will really bring you again in 2005. Both years, about Topics to be discussed include SECRETARY Merrilee Crain people view you.” downhill. Everything I’ve seen and 1,000 people attended the event at wireless e-mail, WiMax, network TREASURER Mary Kay Crain Executive Vice President/Operations But Lutz said he wonders if heard is that the DMC has been the Compuware headquarters and device security, policies and William A. Morrow DMC will have the capital it needs (doing that successfully).” downtown. standards, home networks and Group Vice President/Technology, Manufacturing, Circulation to keep pace. Theodore Schreiber, DMC’s vice Compuware has said that it voice-over WiFi. Robert C. Adams The DMC eked out just a 0.6 per- president for cardiovascular de- wants the show to be the largest The agenda features such wire- Vice President/Production & Manufacturing cent operating margin in 2005 and velopment and one of the doctors tech show in the Midwest and put less heavyweights as James Can- Dave Kamis Corporate Director/Circulation anemic liquidity was a top concern wooed by Duggan, said the doctors OJ.X on par with similar shows ton, chairman and CEO of the Patrick Sheposh cited by Fitch Ratings in a July 7 re- are at the core of the systems con- in San Francisco and Boston. San Francisco-based think tank G.D. Crain Jr. Founder (1885-1973) port on the DMC. tinued revival. Michael O’Callaghan, execu- Institute for Global Futures, and Mrs. G.D. Crain Jr. Chairman (1911-1996) EDITORIAL & BUSINESS OFFICES: Business leaders are going to be “We’re seeing a return of the pa- tive vice president and COO of Frank Hanzlik, managing direc- 1155 Gratiot Ave., Detroit MI 48207-2732; watching closely to make sure the tients from the suburbs. The mes- the Detroit Metro Convention and tor of the Wi-Fi Alliance. (313) 446-6000 gains lead to a more stable footing, sage is getting out,” he said. “What Visitors Bureau, said the tech Other sponsors are Palo Alto, Cable address: TWX 248-221-5122 AUTNEW DET Subscriptions $59 one year, $98 two years. Out he said. I’m hoping we’ll see is a bit of a shows are a way the area can Calif.-based Hewlett-Packard Co. of state, $79 one year, $138 for two years. Outside U.S.A., add $48 per year to out-of-state Keith Crain, chairman of Crain snowball phenomenon, where continue building on momentum (NYSE: HP), Redmond, Wash.- rate for surface mail. Communications Inc., is a member of we’ll attract more of the experi- after playing host to such events based Microsoft Corp. (Nasdaq: Reprints: For inquiries call the reprints department at: (800) 494-9051, Ext. 144 , or at the DMC board. enced physicians from the commu- as the 2005 Major League Baseball MSFT), and Finland-based Nokia [email protected] But Carter said that since that nity who will bring in their com- All-Star Game and Super Bowl XL Corp. (NYSE: NOK). CRAIN’S DETROIT BUSINESS ISSN # 0882-1992 is published weekly by Crain Communications Inc. report, DMC’s liquidity grew from plex cases because of the special earlier this month. The cost is $1,895, which in- at 1155 Gratiot Ave., Detroit MI 48207-2732. $148.7 million to $211 million, or 50 facilities we’ve developed.” “After hosting a string of suc- cludes attendance at the confer- Periodicals postage paid at Detroit, MI and additional mailing offices. POSTMASTER: Send days cash-on-hand. That’s enough For Lutz, that would be the best- cessful marquee sporting events, ence, planned functions and address changes to CRAIN’S DETROIT BUSINESS, Circulation Department, P.O. Box 07925, Detroit, to continue investments in its ex- case scenario for Detroit. we will continue to focus our ef- event materials. MI 48207-9732. GST # 136760444. Printed in isting buildings and new imaging “We need them in this town,” he forts on attracting more big More information is available U.S.A. Entire contents copyright 2006 by Crain and diagnostic equipment. said. events and aggressively pursu- at www.gartner.com/us/wireless. Communications Inc. All rights reserved. Duggan said he expected the Michelle Martinez: (313) 446-1622, ing meetings and conventions of Andrew Dietderich: (313) 446- Reproduction or use of editorial content in any manner without permission is strictly prohibited. DMC to continue to turn a profit [email protected] all types and sizes to our region,” 0315, [email protected] DETROIT BUSINESS MAIN 02-27-06 A 26 CDB 2/24/2006 6:20 PM Page 1

Page 26 CRAIN’S DETROIT BUSINESS February 27, 2006 RUMBLINGS WEEK IN REVIEW FROM WWW.CRAINSDETROIT.COM, WEEK OF FEB. 18 - 24

service provider hopes that calling the MEDC at (517) and recorded a gain of selling little bits of Web McNamara 373-9808, or by going to about $22.1 million. Also, Jaffe, Raitt space will go a long way in www.michigan.org, click- the Supreme Court ruled raising money to save the ing the “business” tab, then Wednesday that Domino’s Detroit Zoo from closure. lauded at “financing/incentives” on can’t be sued for racial dis- Rochester-based Enter- the right side of the page, crimination by a business- in Kid Rock’s prise Expectation Systems has then “Charter One Job Cre- man whose company had a launched a site called memorial ation Bank.” contract with the chain, the savethedetroitzoo.org, Associated Press reported. where people can buy pix- service ON THE MOVE ■ A group led by Lomax sex tape case els of ad space for as little Stern has offered Canton ■ as 10 cents a pixel. The com- d McNamara got David Wajsgras is leav- Township $17 million to pany hopes to raise $550,000 ing his position as execu- buy half the 190 acres Fel- orld Wide Red Light with his new bosses at Gan- warm salutes and through the site to be donat- tive vice president and CFO lows Creek Golf Course oc- District may not be nett. E farewells from fami- ed to the nonprofit Detroit of Lear Corp. to become se- cupies, The Detroit News re- W the typical client “No, no, no. There isn’t ly, friends and colleagues Zoological Society. nior vice president and ported. Early plans call for represented by Southfield- more here than you see. It Friday morning as nearly As of Friday afternoon, CFO of Raytheon Co. Vice 600,000 square feet of retail based Jaffe, Raitt, Heuer & just seemed a good time to 1,000 peo- 4,800 of the site’s 1 million chairman James Vanden- and a storm-water quality Weiss P.C., but that doesn’t step back,” he said when ple pixels had been sold. berghe will serve as inter- improvement project. mean the firm isn’t going to asked whether his depar- crowded “I’ve been part of the im CFO. Wajsgras’ respon- ■ AirTran Airways an- vigorously defend the com- ture was a result of a Most metro Detroit community sibilities for interior nounced it is adding three pany that special- change in culture at Holy for a long time, and when I systems will be assumed by nonstop daily flights both izes in selling the paper brought on Trinity heard that the zoo was in Douglas DelGrosso, presi- ways between Detroit Metro- porn via Internet. by the sale to Gan- Church trouble, we decided to see dent and COO. politan Airport and Baltimore- So said Peter nett last summer. for the fu- what we could do,” said ■ Debora Matthews to Washington International Air- Falkenstein, one of “This is an all-con- neral President Harry Lee, who CEO of The Children’s Center port beginning May 25. the firm’s attor- suming job. Cover- Mass of launched the site last Tues- in Detroit from COO. She ■ Auto Club Group on neys who works ing business news in the for- day. McNamara replaces the retiring Ted out of the Ann Ar- mer Wednesday laid off 198 em- this town is all-con- On Feb. 18, the Detroit bor office and is Wayne County executive. Lewis. ployees. In addition, about suming. I need to City Council voted 7-2 ■ handling what is Gov. Jennifer Granholm Christopher Morin, CEO 200 employees over age 60 move on. I’m going against a plan to transfer sure to be a close- said McNamara, who died of Noble International Ltd., have taken advantage of a Kid Rock to consider newspa- the zoo’s operations and ly watched case. of heart failure Feb. 19, announced Thursday his voluntary-separation pro- pers, of course, but I’m go- most of its funding to the zo- Chatsworth, Calif.-based showed respect for all, resignation in order to pur- gram. ing to consider my options ological society. The Coun- ■ World Wide Red Light Dis- “from the shoeshine guy to sue other career opportuni- BBDO Detroit laid off outside the newspaper busi- cil’s vote prompted fears trict was sued by Kid Rock the county commission ties. No replacement has about 200 of the 1,800 em- ness, too.” that the zoo will close. and his record company, chair.” Granholm, who was been named. ployees at its Troy office A noncompete agreement The plan has since been ■ Top Dog Records Inc., on Feb. McNamara’s corporation Karen Batchelor to attor- Feb. 17, Roy Elvove, direc- The Detroit News and Free revised by the zoological so- 21. counsel before running for ney at Bloomfield Hills- tor of corporate communi- Press signed last August ciety and the council, and Earlier this month, state office, said that he was based law firm Eisenberg & cations for BBDO North Amer- has expired, meaning they the revised version was ex- World Wide began advertis- “an old-fashioned politician Bogas. She most recently ica confirmed Tuesday. In can raid each other for tal- pected to be presented to ing sale of a tape featuring who had the pulse of the had been senior vice presi- addition to the layoffs, ent. Ritu Sehgal, a projects the council Friday after- Rock and Scott Stapp, singer people,” and that his ex- dent of public affairs at the some open positions will editor at The News, was noon. for the band Creed, along tended political and govern- Detroit Regional Chamber. not be filled and some cre- named assistant managing Council members have with several women en- ment family will continue a ative posts will be trans- editor for local news at the said they plan to vote on the gaged in sex acts on a tour Free Press on Feb. 14. Look legacy of public service. RIEFLY ferred to New York. revised plan by Wednesday, B ■ bus in 1999. for other changes to follow. Among McNamara’s no- The Michigan Economic though Mayor Kwame Kil- ■ Rock, represented by table achievements was New York City-based Development Corp. has re- patrick’s staff was pushing firm Cox, Hodgman & Giar- pushing for the $1.6 billion Standard & Poor’s Ratings ceived 791 letters of intent marco P.C. of Troy, filed Saving a zoo, one for an earlier vote, said expansion of Detroit Metro- Services on Feb. 17 affirmed vying for up to $100 million three claims related to inva- pixel at a time James Canning, Kilpatrick’s politan Airport that included an AA- rating and upgraded available from the new 21st sion of privacy and trade- communications coordina- construction of two run- its outlook from “negative” Century Jobs Fund. Ventures mark infringement. A metro Detroit Internet tor. ways and the midfield ter- to “stable” for William Beau- include life sciences, alter- With their complaint, at- minal named for him. mont Hospitals. native energy, advanced ■ torneys for Rock filed a mo- Web of words McNamara also worked University Bank, Ann Ar- manufacturing, and home- tion for a temporary re- to bring the Detroit Lions bor, announced Freddie Mac land security and defense. straining order to prevent Let the Games begin? back into the city and led will back up to $100 million ■ ArvinMeritor Inc. an- World Wide from copying creation of the Detroit Wayne in no-interest home loans nounced Thursday that it Our recent Web poll what’s in the issue. County Stadium Authority that for Islamic home buyers. has agreed to sell its light- and selling the tape. U.S. asked, The issue is posted “Should built Ford Field and Comerica ■ Mosaic Youth Theatre of vehicle aftermarket Purola- District Court Judge John Detroit make a bid online by about 8:30 Park. Detroit on Feb 16 made pub- Feikens ruled in favor of the to host an Olympic p.m. every Sunday. tor filters business in North lic its first capital cam- motion. Games?” Of the We also send out a America to Robert Bosch Falkenstein didn’t want 114 who voted, 68 weekly e-mail with Charter One, MEDC team paign effort, a $3.5 million Corp. and South Bend, Ind.- to say how Jaffe, Raitt land- or about 60 percent the highlights of the drive. To date, Mosaic has based Mann+Hummell. ed the case but did say that said yes. And this issue. If you would on $200M loan program raised more than $2.4 mil- the firm “has nothing was without the like to receive the lion, including a $500,000 weekly e-mail, Charter One Michigan on OBITUARIES against representing any help of the French challenge grant from the judge. The here’s what you do: Thursday announced a $200 ■ clients on First Amend- Kresge Foundation and C. Robert Fontana, for- inspiration for our Already registered million low-interest loan ment issues.” Bob Allen $400,000 from the John S. and mer director of labor rela- new poll question is Web General Manager on our Web site? program designed to create James L. Knight Foundation. tions for the Michigan Chap- He also said that he ex- Visit Crains the story from the 2,000 new jobs in Michigan ■ Trans-Industries Inc. has ter of the Associated General pects World Wide will be Feb. 20 issue about the Detroit.com and click during the next five years. postponed its plan to dereg- Contractors of America, died “vindicated” when all the minimum wage. “Should “Change Profile” in the The bank is working with facts come out about the upper lefthand corner of the ister with the U.S. Securities Feb. 20. He was 70. Michigan increase the the Michigan Economic Devel- ■ minimum wage?” To have home page. Scroll down to and Exchange Commission. James Gallagher, who surrounding circumstances opment Corp. on the pro- ■ under which the video was maximum impact on the the e-mail alerts section and Construction is sched- owned a cardiology prac- check the box next to “Send gram, which offers loans at uled to begin next month on made. results, visit tice and had been president me a weekly newsletter e- a fixed interest rate of 4.99 Asian Village, a $6-million of the Wayne County Medical Falkenstein said a press www.crainsdetroit.com and look for the “Tell us what mail on top stories percent — 2.51 points below restaurant-and-retail pro- Society, died of heart failure release will be issued soon you think” box on the lower contained in the new issue the current prime of 7.5 per- ject on the Detroit River at Feb. 15. He was 73. on behalf of the defendants. lefthand side of the home of Crain’s Detroit cent. ■ Business.” Atwater and Beaubien, the Robert Holmes, retired page. Sandra Pierce, president Detroit Free Press reported. vice president of the Interna- Feeling week? Last week’s Not yet registered? Click and CEO of Charter One, Freep business “Register” in the upper Dominic Pangborn, An- tional Brotherhood of Team- Presidents Day holiday, said the MEDC will receive drew Park and John Snider sters and former president featuring no mail delivery, lefthand corner of the home editor resigns and assess the applications. are partners in the project. of Local 337 in Detroit, died prompts me to remind you page. Sign up, and then Those that it passes on will ■ Mike Sante, a 23-year-vet- that just because the check the aforementioned Domino’s Pizza L.L.C. an- of congestive heart failure eran of Knight Ridder and a postman always rings twice box. go to the bank’s loan de- nounced Tuesday it had Feb. 19. He was 94. 13-year veteran of the De- every Monday with this print — Bob Allen’s Business partment, which will use sold its investment in Alsea ■ Manuel Pierson, former troit Free Press, has re- product, doesn’t mean you Casual column arrives daily its standard measures of S.A. de C.V., its master fran- assistant vice president at signed as business editor have to wait until then — or, in the Crain’s Detroit credit-worthiness for final chisee in Mexico, late last Oakland University, died of but said his departure isn’t if Monday is a holiday, wait Business e-mail alert. E-mail approval. year. Domino’s said it re- kidney failure Feb. 13. He a result of dissatisfaction until Tuesday — to see him at [email protected]. Companies can apply by ceived about $25.5 million was 75. DBpageAD.qxd 1/24/2006 2:37 PM Page 1

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