BUSINESS

The latest business coverage from Detroit and Metro Detroit.

Western Michigan University Business School Gets $17M Gift

The Stan Lucas Trust donated $17 million to WMU's Haworth College of Business, the largest philanthropic gift in the school's history.

Detroit.co Staff | April 11, 2026

Ford Transforms PDC into World Headquarters South

Ford is converting its former Product Development Center in Dearborn into World Headquarters South, housing 10,000+ employees and Ford Racing by 2029.

By Detroit.co Staff | April 10, 2026

Coworkers working together on graphic design while sitting at a table and looking at a monitor in a modern office

Detroit Has 10,000 Designers. More Than Half Their Week Is Wasted.

Research shows the average designer spends 22 hours per week on operational tasks instead of creative work. For Detroit's 10,400 designers, that translates to nearly $190 million a year in salary spent on non-design work.

By James Okafor | April 6, 2026

Dittrich Furs Detroit: 133-Year Icon Closes Its Doors

Detroit's Dittrich Furs, a 133-year-old institution, holds its final retirement sales before closing April 30. Here's what shoppers need to know.

By Nina Vasquez | April 1, 2026

Hand reaching for a delicious pepperoni pizza slice in a cardboard box.

Buddy's Pizza Sold to Local Investors for National Expansion

Buddy's Pizza, a Detroit icon since 1946, has been sold to local investors who plan to expand its frozen pizza business nationally while maintaining current restaurant locations.

By Aisha Laurent | March 28, 2026

Explore the raw, gritty atmosphere of an abandoned building in Detroit with a solitary man amidst debris.

Zug Island: Detroit's Industrial Epicenter & Contamination

Zug Island has been Detroit's industrial powerhouse for over a century, hosting steel production and coking operations despite early visions of it becoming a public resort.

By Marcus Cole | March 28, 2026

Traffic officer signals jeepney at a fuel station in the Philippines with clear weather and dynamic setting.

Car Price Hikes Unavoidable as Tariffs Impact Auto Industry

New vehicle prices set to rise further as tariffs on steel, aluminum, and auto parts from Canada and Mexico reshape automotive manufacturing costs.

By James Okafor | March 26, 2026

Professionals in a modern office near Detroit's tech corridor

FANUC America Opens $90M Robot Factory in Pontiac

FANUC America announces $90 million robot production facility in Pontiac, marking a major manufacturing investment for metro Detroit and the city's economic recovery.

By James Okafor | March 24, 2026

Real estate professional presenting a house model with keys

UWM Faces Bidding War for First Acquisition Target

United Wholesale Mortgage enters competitive bidding process for its first-ever acquisition, signaling major strategic shift for the Pontiac mortgage lender.

By James Okafor | March 24, 2026

Professionals meeting in a modern Detroit office

Detroit Public Library Faces $200-300M Capital Needs Assessment

Detroit Public Library system confronts major infrastructure challenge with capital needs study expected to reveal $200-300 million in required repairs and upgrades.

By Nina Vasquez | March 23, 2026

Automated production line with bottles in a manufacturing facility

Fanuc Robotics $90M Plant Detroit Creates 225 Jobs

Robotics giant Fanuc America plans $90 million manufacturing facility in metro Detroit with 225 new jobs, strengthening the region's automation economy.

By James Okafor | March 21, 2026