Southfield

Nemo Capital Partners to consolidate offices in Southfield, bring 125 jobs
Nemo Capital Partners to consolidate offices in Southfield, bring 125 jobs 150 150 southfieldcc_3ik8d2

Crain’s Detroit Business

Chris Gautz

A Southfield-based investment company was awarded a $500,000 state incentive Wednesday to entice it and its subsidiaries to consolidate Ohio and New Jersey offices in Michigan.

Nemo Capital Partners LLC will bring 125 jobs to Southfield, where the company will be located at 2000 Town Center, Suite 170 and 28819 Franklin Road.

Nemo’s award was one of three announced Wednesday by the Michigan Economic Development Corp., with other projects choosing sites in Port Huron and Cass City. read more

LTU professor to lead Michigan harbor study
LTU professor to lead Michigan harbor study 150 150 southfieldcc_3ik8d2
Donald Carpenter

Donald Carpenter

A consortium of government agencies has approved a $175,000 grant for a two-year study on how Michigan communities with small, shallow-draft harbors can plan for economic sustainability in response to the long-term trend of lower water levels in the Great Lakes.

The study will be led by Civil Engineering Professor Donald Carpenter of Lawrence Technological University in Southfield and Sanjiv Sinha, vice president of Water Resources Environmental Consulting & Technology, Inc., a Florida-based company with six offices in Michigan.

A decade-long trend of lower water levels in the Great Lakes has hurt economic activity in Michigan communities with harbors, and the trend is likely to continue. By 2015 public harbors in the state will be required to develop five-year master plans in order to receive financial support from the Waterways Commission of the Michigan Department of Natural Resources (MDNR). read more

123Net Boosts Backbone by Increasing New Fiber Miles
123Net Boosts Backbone by Increasing New Fiber Miles 150 150 southfieldcc_3ik8d2

123Net Inc., one of Michigan’s largest fiber optics networks, added 476 route miles of fiber in the past 12 months, expanding its backbone to 2,448 route miles across the state.

“Michigan businesses are demanding more than cable Internet. They want fiber directly to their businesses. Dedicated fiber that can deliver more bandwidth (up to 10Gbps) with much better uptime than cable,” said Dan Irvin, CEO at 123Net.  “123Net continues to invest heavily in infrastructure to ensure that we meet the needs of our Michigan customers in terms of network performance and customer service.” read more

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