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Guilford’s Automotive Division produces fabrics for a number of automotive interior applications, including seat fabric. Guilford has been a supplier of fabrics to automotive and specialty markets for more than 40 years and has expertise in fabric design, development, warping, knitting, dyeing, finishing and lamination. “This acquisition adds global fabric design and development resources, as well as technical expertise to our existing seat trim capabilities in emerging markets and fabric production in Asia. Said Guilford president Chad Brooks: “This transaction marks a significant positive development in Guilford’s history. “The acquisition of Guilford is another step in Lear’s strategy to strengthen our core businesses by expanding our component capabilities,” said Matt Simoncini, Lear’s president and CEO.
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Ideas for products, services, nonprofits and art projects are submitted to a panel of judges and the public, and five people are selected to get five minutes and five PowerPoint slides to tell their stories to five judges, who pledge to invest... DeVos, co-creator of the Momentum Michigan and Five By Five startup incubator concepts, not to mention the wildly successful ArtPrize art competition that draws huge crowds to a rapidly redeveloping downtown Grand Rapids, gave his thoughts on how... As a result, he said, “companies start elsewhere, there’s less opportunity here, there’s less investment here, and round and round we go. ”. To counter that, DeVos pointed to the example of Five By Five Night in Grand Rapids. “People should know what the idea is, who is working on it, who has invested in it, or at least a general idea of how much, and the story behind the idea. “As many people as possible should know about ideas people have, and the investments being made in those ideas,” he said. ) In the case of Five By Five, DeVos said, “the simple act of sharing the idea has proven much more valuable than the money. ” Two businesses have become actual startups as a result of Five By Five. The affable, down-to-earth DeVos said he’s “by no means an expert or a guru” on startup incubation, “I’m just simply a guy who’s been blessed with the resources and a passion to get involved in startups. DeVos said the event last year drove 400,000 visits to downtown Grand Rapids, to more than 100 participating art display venues and more than 1,000 artists.