Kurt Nagl
Crain's Detroit Business
Detroit, MI, United States
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Past articles by Kurt:
Hercules Electric pivots from road to water with $60 million e-boat deal
Farmington Hills-based Hercules Electric Mobility Inc. hopes to make waves in the electric boat market with a new supply contract valued at $60 million after plans to make electric trucks stalled out.The startup signed a deal with Chanute, Kan.-based boat maker Coach Marine Group to provide e-drive… → Read More
Rocket Mortgage Classic looks to turn up the energy as it squares off with Saudi-backed tournament
Sponsor revenue for the Rocket Mortgage Classic in Detroit is up 20 percent, and attendance for the PGA tournament could be a record, organizers said, despite some major golfers choosing oil money over mortgage money and defecting to LIV Golf.The field and the grounds at Detroit Golf Club will look… → Read More
Starbucks store in The Mall at Partridge Creek votes to unionize
The Starbucks union marked its first win in metro Detroit Thursday with a vote tally in favor of organizing the store in The Mall at Partridge Creek. → Read More
Pistons owner Gores to fund $20 million community center in Detroit
Detroit Pistons owner Tom Gores has committed $20 million to fund a new community center in Rouge Park on the west side of Detroit. The 25,000-square-foot, multi-use facility is the first in a series of initiatives for the Tom Gores Family Foundation, according to a Wednesday news release. … → Read More
Stellantis-Samsung plan $2.5 billion EV battery plant in Indiana in another loss for Michigan
Stellantis NV and Samsung SDI plan to invest $2.5 billion and create 1,400 jobs in a new electric vehicle battery manufacturing plant in Indiana, the companies announced Tuesday. The investment in Kokomo, about 100 miles from the Michigan-Indiana border, was celebrated by local economic… → Read More
EV, microchip companies consider Marshall ‘megasite' but see big hurdle
Electric vehicle and semiconductor manufacturers have recently visited a 1,600-acre site near Marshall that the state of Michigan is marketing as its premier site for development, according to officials. → Read More
Stormy Kromer CEO to pass reins to daughter
The longtime CEO of the Upper Peninsula-based Stormy Kromer brand is handing over the reins to his daughter, who will be the first female leader of the iconic wool cap maker. Gina Jacquart Thorsen will be CEO of Stormy Kromer parent company Jacquart Fabric Products Inc., effective July 1, taking… → Read More
Comerica Park rolls out new sponsors, a Corvette — and the Notorious P.I.G.
Rocket Mortgage-branded foul poles, a 2021 Corvette and the Notorious P.I.G. sandwich were among the new food and brand activations unveiled at Comerica Park on Friday.Ahead of the Detroit Tigers' Opening Day on April 8, which officials say is nearing an expected sellout, the team teased a new food… → Read More
Oakland Hills: A look back at 100 years of history
Oakland Hills was still in celebration mode after completing a $12 million renovation of its famed South Course – an anticipated overhaul of the renowned 18-hole circuit that members had been waiting on for two years before it reopened last July.A fire engulfed the clubhouse in Bloomfield… → Read More
Stellantis says it has fix for Detroit odor issue but timeframe still uncertain
Stellantis NV told state regulators it has a plan to solve odor issues at its plant on Detroit's east side, but it is unsure how long it will take.The automaker, whose North America headquarters is in Auburn Hills, released Friday the results of an odor investigation at its year-old Detroit… → Read More
Bosch rides e-bike growth from startup to major business
In the automotive industry's mad dash to make the smartest electric car, Bosch Group is also tinkering with a different set of wheels.The largest automotive supplier in the world, whose North American base is in Farmington Hills, sees big opportunity in e-bikes, once a niche segment that is now… → Read More
Bosch plans consolidation in Michigan as it develops ‘smart work' office return
Bosch North America is looking to shrink its footprint in Michigan as it considers a future with less need for desks.The office will still play a role in Bosch's work, but how big of a role will be determined by a two-phased return to the office set to kick off after the Fourth of July, said Mike… → Read More
University of Michigan pledges to be carbon neutral by 2040
The University of Michigan presented Thursday a series of steps it will take to eliminate carbon emissions across its footprint in the next 20 years.During a regular board of regents meeting, UM President Mark Schlissel laid out the plan, which includes three main goals that apply to UM campuses in… → Read More
Burn Fitness files for bankruptcy, closing Livonia gym due to pandemic strains
Burn Fitness LLC, whose owner bemoaned pandemic lockdowns and organized a workout protest on the lawn of the Michigan State Capitol last summer, is filing for bankruptcy.Operating at 30 percent capacity has not been enough to make up for financial losses from being forced closed for nearly six… → Read More
Oakland Hills targets U.S. Open as it readies South Course for summer reopening
Finishing touches are being made to the famed South Course at Oakland Hills Country Club, which is preparing to reopen the course in July after being closed nearly two years for a $12.1 million restoration.The club is planning a grand opening celebration for its members. Also likely to be on the… → Read More
‘We want our city back': Detroit begins COVID-19 vaccinations at TCF Center
The city of Detroit started administering COVID-19 vaccinations Wednesday morning to senior residents with a goal of ramping up the volume of shots and lowering the age limit in the next couple of days.By the end of the day, around 400 residents will have been given the vaccine at the TCF Center… → Read More
Detroit Lions drop WJR to return to 97.1 The Ticket
The Detroit Lions are leaving WJR after signing a new broadcast deal with 97.1 The Ticket that starts at the beginning of 2021, the team announced Friday.Live game broadcasts, pre- and post-game shows, regular season weekly shows and off-season programming will be broadcast on 97.1 FM, according to… → Read More
Peter McPherson: Higher education shouldn't go back to business as usual
Higher education will never be the same, and that's all right, according to Peter McPherson, president of the Association of Public and Land-grant Universities. In his nearly five decades of work in government and education, including serving as president of Michigan State University 1993-2004,… → Read More
Michigan State's Tom Izzo tests positive for COVID-19
Michigan State University men's head basketball coach Tom Izzo has tested positive for COVID-19, the school announced Monday.Izzo, 65, received the results Monday morning during the Big Ten's daily antigen testing. His presumptive positive test was confirmed by a PCR test.Izzo said in a statement… → Read More
Higher Black enrollment leads to Wayne State's largest freshman class
Wayne State University said it plans to welcome the largest freshman class in its 152-year history this fall thanks to a 59 percent enrollment increase in first-time Black students.Overall undergraduate enrollment this fall is up 2.3 percent compared to last year, the university announced Wednesday… → Read More