Business News

Print
Press Enter to show all options, press Tab go to next option

Oakland County News - Connected Mobility

Oakland County is a global leader in Connected Mobility research. The knowledge-based economy of Oakland County continues to lead in the research and development of technologies essential to the invention and manufacture of the next generation of mobility.

https://www.youtube.com/watch?v=GVpSasZk2p4

Anca, Inc.

Anca, Inc., a machine tool builder, recently celebrated with a ribbon cutting at their Wixom Facility. The company expanded their facility by 50%, adding a dedicated customer focus and training center, and doubling its machine demonstration area. The event is captured in the video below.

https://www.youtube.com/watch?v=tyX5yELFQAc&feature=youtu.be

Anca, Inc., president, Russell Riddiford hosted representatives from the company's Melbourne, Austrailia headquarters, as well as many other visitors, including some local dignitaries. 

*Schonscheck, Inc., also a Wixom company, was contracted for the expansion. 

Ford Wixom Plant Property Sold

The former Ford Wixom Plant property has been sold to a new owner, Industrial Commercial Properties (ICP) of Solon, OH. ICP owns/has redeveloped other former automotive properties in multiple states, including here in Oakland County. They have indicated a desire to bring outstanding commercial and industrial uses forward for the property and we look forward to working together with ICP to transform this long vacant industrial space in Wixom.  

You can view media coverage of this story at the following links:

Crains

Daily Tribune

The Oakland Press

Detroit News 

 

Troy Food Management Company Acquires Subsidiary of Wixom's VendTek

Post Date:09/19/2017 7:38 AM
Posted to www.vendingtimes.com September 18, 2017
by Emily Jed

TROY, MI -- Continental, a food management company based here, said it has acquired Satellite Vending Co., a subsidiary of VendTek Wholesale Equipment Inc., a vending equipment distributor located in Wixom, MI.

According to Steve LaPorte, president of Continental's refreshment services group, Satellite offered Continental a diversified client base and a scalable technology platform.

"Satellite Vending is a perfect complement to Continental's refreshment services operations," LaPorte said. "Joining forces with Satellite also enhances our ability to reach more customers with our diverse on-the-go refreshment service options."

Marc Rosset of Professional Vending Consultants Inc. assisted as intermediary in the Continental-Satellite transaction.

Continental provides dining, refreshment and event services to more than 700 businesses, colleges and universities, industrial sites, hospitals and medical centers. Its services range from onsite corporate cafés and grab-and-go markets to traditional vending, to off-premise catering and event services. Continental announced a partnership with New Heritage Capital, a Boston-based private equity firm that works exclusively with founder-owned businesses, in February.