20121022-NEWS--0001-NAT-CCI-CD_-- 10/19/2012 7:15 PM Page 1 ® www.crainsdetroit.com Vol. 28, No. 44 OCTOBER 22 – 28, 2012 $2 a copy; $59 a year ©Entire contents copyright 2012 by Crain Communications Inc. All rights reserved Page 3 Long Series JCI’s bid for A123 Systems could fall in auction for Tigers, Finance Extra Financial return, bigger score social good: Focusing on both for city biz bottom lines BY BILL SHEA, NATHAN SKID AND SHERRI WELCH Crain’s Lists CRAIN’S DETROIT BUSINESS The crush of eager baseball fans Largest nonprofits, is boosting business for bars, restaurants, hotels and other busi- foundations and capital nesses, leading to a local economic campaigns, Pages 19, 20 impact of up to $30 million if the World Series lasts at least five games. The best-of-seven series starts Special section on the road with games Wednes- day and Thursday, with the Detroit Tigers’ home games taking place Saturday, Sun- day and Oct. 29 Probing at Comerica THE NUMBERS Park . What happens the Downtown to payroll, proposals, Detroit restau- Page 50 rants and bars $1.5M for each Pages 33-42 are looking for- Series home ward to the in- game? Page 50 crease in foot This Just In GARTH GLAZIER traffic while the start of the sea- Doctors’ Hospital son for the De- troit Red Wings appoints new CEO remains mired Robert Barrow has been in a labor dis- appointed CEO of Doctors’ pute. Hospital of Michigan in Ponti- Jay Lam- ac after Sam Gizzi stepped Campaigns’ biz bankroll brecht, owner of down as CEO on Sept. 28. Bookies Bar & Grille in Fox- Barrow, who will take Lambrecht over the physician-owned town, is prepar- hospital Oct. 29 and install a Execs contribute to candidates, super PACs ing the bar as he would every new management team, is spring for Opening Day by putting the fourth CEO of Doctors’ BY AMY LANE dustry assistance and “saving our facto- up a large tent in the parking lot, Hospital since a group of doc- SPECIAL TO CRAIN’S DETROIT BUSINESS ries” to stopping “the bleeding of job loss- IN DEPTH shrinking the food menu and in- es we’ve had in the U.S.” and launching creasing his staff. tors purchased a 35 percent Ahmad Chebbani doesn’t usually con- Who’s giving share from Flint-based Mc- initiatives for economic recovery. But this is way bigger than tribute money to presidential candidates. to Romney, Laren Health Care in February “And I think he deserves four more Opening Day. Lambrecht said But he is this year. Obama, Page 52 2011. years, basically, to continue his plans,” ESPN is hosting its pregame show Chebbani, president Senate race Last October, Gizzi re- Chebbani said. outside of Bookies, which is only and CEO of Omnex Ac- still lopsided, placed David Sessions, who Throughout Southeast Michigan, busi- going to increase demand at the counting & Tax Services Page 52 had replaced interim CEO ness executives and professionals have bar. in Dearborn and co- Oakland Michael DeRubeis earlier opened their checkbooks for the presiden- Lambrecht said he is expecting founder of the American County: Howley that year after the buyout. tial campaigns of Obama and Michigan na- plans late push, volume to quadruple during the Arab Chamber of Com- Barrow, who has health tive and former Massachusetts Gov. Mitt Page 53 World Series, generating as much merce, has given the care consulting experience Romney. Their contributions, many at the Macomb as $100,000 in additional revenue. maximum $5,000 al- working with Henry Ford $5,000-per-candidate maximum for individ- Community The increase is prompting him lowed for individual do- Health System and Detroit Med- uals, are among the $6.4 million that Oba- College: Bonds to order 10 times as much beer nations to President ical Center, received an MBA ma and Romney collectively have raised needed for than he would for a regular week- Barack Obama’s cam- Chebbani from the University of Michi- from the region, according to Federal Elec- improvements, end Tigers home game. paign. And he said his wife, Michelle, has gan, and a bachelor’s degree tion Commission data compiled by the Center Page 53 Lambrecht is renting a refriger- from Davenport University. done the same. for Responsive Politics in Washington, D.C. ated semi-trailer to store the extra — Jay Greene He said he has been “totally satisfied” with Obama’s performance, from auto in- See Donors, Page 52 See Tigers, Page 50 Workforce Development Nov. 7 and the 7:30 – 10 a.m. Challenges of Hiring Quad E, Fairlane Center North Business Over Breakfast Series Register at www.crainsdetroit.com/events or call 313.446.0300 NEWSPAPER 20121022-NEWS--0002-NAT-CCI-CD_-- 10/19/2012 6:57 PM Page 1 Page 2 CRAIN’S DETROIT BUSINESS October 22, 2012 MICHIGAN BRIEFS CORRECTIONS Ⅲ The story “Serving off the menu” that be- 95-year-old GR building says it’s greenest gan on Page 1 of the Oct. 8 issue did not in- tend to imply that entrepreneur La-Van A Grand Rapids office building says it GR set to ramp up bus rapid transit line Hawkins said that his company planned to leads the world in LEED. MLive.com re- operate a Michael Jordan’s Steak House in De- ported last week that the presidents of Cata- Grand Rapids’ long-planned and long- gion’s mass transit system. The bus rapid troit. lyst Partners and M Retail Solutions said their awaited Division Avenue bus rapid tran- transit project is one-tenth the cost of in- Ⅲ An Oct. 15 Business Diary item should 95-year-old office building has earned a sit project is moving forward now that fed- stalling a light rail system, and there is no have said that Xpert Technologies Inc. moved LEED Platinum certification from the U.S. eral, state and local officials have signed a difference in commute time, Varga said. from 38271 Mound Road to 38765 Mound Green Building Council. project construction grant agreement that The 9.6-mile line will serve several major Road, Suite 102, Sterling Heights. The new lo- The 66 points awarded out of 69 possible puts $39 million of state and federal mon- employers, including the St. Mary’s Medical cation was incorrect. is the most to date under the “LEED for ey to work. campus, Michigan State University’s College of Ⅲ A story on Page 13 of the Sept. 17 issue New Construction v2.2 Rating System,” Peter Rogoff, administrator for the Fed- Human Medicine and the Cook-DeVos School of should have said that the Detroit Marriott Re- said Catalyst’s Keith Winn and Chris eral Transit Administration, said the new Nursing. naissance Center expects average occupancy Muller of M Retail Solutions. “Silver Line” is the right way to do bus While final numbers are not yet in, rider- this year of between 55 percent and 60 per- The building is 60 percent less expensive rapid transit. ship in 2012 should reach 11.98 million cent for all hotels in the region, not the Mar- “This shows that Grand Rapids is a na- rides, about 1.13 million more than in 2011, to operate than a traditional office space, riott specifically as the article stated. tional leader bringing people from all according to The Rapid. That would be the MLive reported. It features a geothermal Ⅲ A story on Page 7 of the Oct. 15 issue walks of life to public transit,” he said. largest year-over-year increase in rider- heating and cooling system, solar roof pan- should have said Jon Goldstein leased space Division Avenue is the city’s Route 66, ship in The Rapid’s history. from Bloomfield Plaza LLC to own and operate els and materials that include a former said Peter Varga, CEO of The Rapid, the re- — MiBiz The Maple Theater. Landmark Theatres was the middle school gym floor and doors from an previous tenant and not involved in the old elementary school. The rainwater flows transaction. into a rain garden. Stryker said the acquisition of Tel Aviv, products companies, plans to buy Hi-Tech Ⅲ An Oct. 15 story on Page 15 titled “Chrysler Last year, Crain’s Michigan Business Israel-based Surpass, which is developing Plastics Inc., a custom molder in Mission, Group: Alliance with Fiat, better fuel econo- noted that Grand Rapids has the state’s flow diversion stent technology to treat Texas, near the Mexico border. my, culture shift” incorrectly said Chrysler highest concentration of buildings and of- brain aneurysms, would allow it to expand The acquisition of Hi-Tech Plastics — Group LLC invested $23 billion since 2009 into fice spaces certified under the Green Build- in the fast-growing neurovascular market which had worked with Royal Technolo- reinventing its product line. Chrysler has ing Council’s LEED program. LEED — and broaden its stroke-care offerings. gies for more than a year on some molding committed to investing $23 billion between Leadership in Energy and Environmental The medical device maker said the trans- jobs — gives Royal a location next to Mexi- 2009 and 2014. Design — was set up to provide objective action is expected to be neutral to Stryker’s co, said Royal President and CEO Jim Van- The story also should have said that the U.S. criteria to rate the environmental perfor- 2012 earnings per share, excluding acquisi- der Kolk. government committed as much as $12.5 bil- mance of buildings and office spaces. tion and integration-related costs. The deal Royal Technologies, based in Hud- lion in aid to Chrysler, not that Chrysler had is expected to close in the fourth quarter.