Investment in Oakland County startups, small businesses triples, report says
Startups and existing small businesses in Oakland County obtained more than triple the amount of loans and capital formation dollars last year compared with 2012, according to a report released today...
View ArticleOakland County Will Add 43,000 Jobs in Next 3 years, UM Economists Forecast
University of Michigan economists expect Oakland County to add 43,000 jobs in the next three years and its unemployment rate to drop to 5 percent by 2016. The county’s 29th annual economic outlook...
View ArticleOakland County Partners with Detroit Blight Authority
Oakland County, Mich. will team up with the Detroit Blight Authority to help resurgent communities such as Pontiac. County Executive L. Brooks Patterson and Bill Pulte, chairman of the Detroit Blight...
View ArticleInitiative launched to harness Oakland’s tech companies
Oakland County Executive L. Brooks Patterson on Nov. 5 launched tech248 – a branding and business development initiative aimed at harnessing the power of the nearly 2,000 tech companies in the county...
View ArticleBerkley Franchisor Doubles Dry Cleaning Locations with Recent Acquisitions
The Huntington Co. in Berkley has more than doubled its presence in the textile restoration, dry cleaning, and laundry services markets with its recent acquisition of two dry cleaning brands:...
View ArticleNexteer eyes bigger brand with headquarters move to Southeast Michigan
In an effort to grow brand recognition, Saginaw-based Nexteer Automotive Corp. is moving its global headquarters to Southeast Michigan. The former Delphi Corp. steering division plans to secure a lease...
View ArticleThirty deals total $171 million of foreign direct investment in ’14; Europe...
Oakland County attracted $171 million of foreign direct investment in 2014, prompting the county’s business development team to expand its global search for companies looking to locate in the county....
View ArticleLegoland to build home at Auburn Hills mall
The revitalization of Great Lakes Crossing Outlets continues with the addition of Legoland Discovery Center, the state’s first indoor attraction based on the world-famous Lego brick. The family space...
View ArticleReport: Oakland County to Add 50K Jobs by 2017
Oakland County will add about 50,000 jobs — mostly in the professional and business service sectors — in the next three years, replenishing 87 percent of jobs lost during the 2008 recession, says a new...
View ArticleOakland Business Initiative Generated $3B Investment, 35,000 Jobs Since 2004
Oakland County Executive L. Brooks Patterson announced the county’s business attraction and retention strategy created in 2004 has brought in more than $3 billion in total investment to the county....
View ArticleOakland County makes room for new hotels
Low financing, high demand spur plans in county Construction of new Oakland County hotel projects continues in the midst of historically low financing rates for developers and strong demand. And they...
View ArticleOakland County Is ‘Roaring Back From Ravages Of Great Recession,’ Says L....
WATERFORD (WWJ) – After a few so-so years, business appears to be booming again in Oakland County. Business investment in the county through the first six months of 2015 amounts to more than $756.8...
View ArticleOakland County’s 2015 business investment ‘On Fire'; six month tally tops...
Oakland County business investment through the first six months of 2015 is more than three quarters of a billion dollars – surpassing the total business investment for all of 2014 by nearly $100...
View ArticleOakland County, Pontiac partnership could spur growth
Pontiac and Oakland County have forged a mutually beneficial bond that should serve as model for other communities An economic improvement plan crafted jointly by Oakland County and Pontiac is getting...
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Auburn Hills through the lens of Oakland Tech Park
It was the late 1970s. The region was hemorrhaging jobs to the South. Auburn Hills was not yet Auburn Hills; it was Pontiac Township. And then-Gov. William Milliken had an idea: the creation of a...
View ArticleForeign Investment in Oakland County Doubles in 2015 to $357M
Foreign companies invested $357 million in Oakland County last year, more than doubling the previous year’s totals, county Executive L. Brooks Patterson said Friday. The total, up from $171 million two...
View ArticleDiversification of automotive manufacturers credited for industry turnaround...
As the national spotlight shines on Detroit and the North American International Auto Show and, on the heels of record automotive sales, it could be easy to forget the industry’s struggles of the last...
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Vinsetta Garage Owners Converting Historic WWJ Building Into Restaurant
Union Joints — the restaurant group behind Vinsetta Garage, Union Woodshop, and Fenton Fire Hall — have announced plans to open a new dining destination in the historic WWJ Building on Eight Mile...
View ArticleKarmanos to move tech start-ups to Pontiac
Three start-up tech companies will be opening in the historic Riker Building in downtown Pontiac, bringing more than 100 new computer jobs in the next 36 months. The announcement was made by Pete...
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Increase In Foreign-Owned Investments Boosts Oakland County Economy
From Oakland County: More than $1 million a day of new international investment fueled Oakland County businesses in 2016 as foreign direct investment increased for the third consecutive year, totaling...
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