Great Lakes region

STELLAR Broadband Finishes Strong in 2023

Retrieved on: 
Friday, December 29, 2023

EAST LANSING, Mich., Dec. 29, 2023 /PRNewswire/ -- STELLAR Broadband, a distinguished leader in fiber internet and technology services catering to multi-family communities across the Great Lakes region, proudly announces a stellar year of accomplishments in delivering world-class property technologies and residential solutions across the state of Michigan.

Key Points: 
  • EAST LANSING, Mich., Dec. 29, 2023 /PRNewswire/ -- STELLAR Broadband, a distinguished leader in fiber internet and technology services catering to multi-family communities across the Great Lakes region, proudly announces a stellar year of accomplishments in delivering world-class property technologies and residential solutions across the state of Michigan.
  • With an expansive fiber network spanning six state-of-the-art data centers, STELLAR Broadband has solidified its position by offering a comprehensive suite of technologies, including fiber broadband, door access systems, phones, video surveillance, and building management services to a vast network of 151 multi-family and student housing communities comprising 13,131 units, as well as serving 265 commercial businesses.
  • In the past year alone, STELLAR Broadband has executed significant upgrades in 16 communities and has been actively engaged in the design and installation phases of 18 new communities.
  • remarked Bill Knapp, Vice President of STELLAR Broadband.

Fraser Institute News Release: Incomes in Windsor and London are $10-12,000 below incomes in Detroit, Buffalo and Cleveland

Retrieved on: 
Tuesday, November 28, 2023

“Southwestern Ontario’s once prosperous cities are now economic laggards, with lower incomes from employment than people in large manufacturing cities south of the border,” said Ben Eisen, Fraser Institute senior fellow and co-author of Measuring Ontario’s Prosperity Gap at The Metropolitan Area Level.

Key Points: 
  • “Southwestern Ontario’s once prosperous cities are now economic laggards, with lower incomes from employment than people in large manufacturing cities south of the border,” said Ben Eisen, Fraser Institute senior fellow and co-author of Measuring Ontario’s Prosperity Gap at The Metropolitan Area Level.
  • Specifically, out of the 20 bottom ranked jurisdictions, seven are found in Ontario, including London (93rd with median employment income of $36,180) and Windsor (99th and $34,190).
  • By comparison, other large manufacturing cities in the region such as Buffalo ($46,003), Cleveland ($45,096), Detroit ($45,419), and Chicago ($50,735) all had median employment income levels far in excess of Windsor and London.
  • “Employment incomes are generally higher in US metropolitan areas of the great lakes region—big and small—than they are in Ontario’s large urban areas,” said Eisen.

Surf Internet Secures Upsized $200 million Debt Facility to Support Continued Network Expansion Across the Great Lakes Region

Retrieved on: 
Thursday, December 21, 2023

Surf Internet secured the incremental debt capital to support and continue the company's mission to transform broadband in the Great Lakes Region by expanding its dense fiber networks into more communities.

Key Points: 
  • Surf Internet secured the incremental debt capital to support and continue the company's mission to transform broadband in the Great Lakes Region by expanding its dense fiber networks into more communities.
  • The incremental capital will support Surf's plan to expand its network while strengthening its multigig capabilities.
  • The upsizing will double the existing $100 million debt facility put in place in February 2023, which was used to fund the company's 2023 strategic growth plan.
  • Houlihan Lokey served as exclusive financial advisor and placement agent to Surf Internet and Kirkland & Ellis LLP served as legal counsel.

Keystone Insurers Group Names Bicknell and Williams as Regional Presidents

Retrieved on: 
Tuesday, December 5, 2023

Keystone Insurers Group (Keystone), the third largest insurance agency network, named Michele Bicknell its Mid-South Regional President, and Neal Williams its Great Lakes Regional President, effective immediately.

Key Points: 
  • Keystone Insurers Group (Keystone), the third largest insurance agency network, named Michele Bicknell its Mid-South Regional President, and Neal Williams its Great Lakes Regional President, effective immediately.
  • Williams and Bicknell had both been serving as regional vice presidents.
  • Bicknell joined Keystone in 2011 as the state vice president to Tennessee, while Williams joined in 2009 as the state vice president to Indiana.
  • About Keystone Insurers Group (Keystone) – Keystone started in 1983 when four independent insurance agencies teamed up to pool their experience and expertise.

H2 Power Co. to Sponsor University of Michigan's Inaugural Hydrogen Grand Challenge

Retrieved on: 
Tuesday, December 12, 2023

ENGLEWOOD, Colo., Dec. 12, 2023 /PRNewswire/ -- H2 Power Co. LLC, an emerging leader in hydrogen solutions, proudly sponsors the Hydrogen Grand Challenge at the University of Michigan.

Key Points: 
  • ENGLEWOOD, Colo., Dec. 12, 2023 /PRNewswire/ -- H2 Power Co. LLC, an emerging leader in hydrogen solutions, proudly sponsors the Hydrogen Grand Challenge at the University of Michigan.
  • She expresses enthusiasm for this collaboration with U-M, "Our partnership underscores H2 Power Co.'s commitment to fostering innovation in hydrogen solutions.
  • Dan Dietrich, the founder of H2 Power Co. states, "Hydrogen offers substantial potential in significantly reducing carbon emissions across key industrial sectors.
  • Todd Allen, Co-Director of the U-M Hydrogen Grand Challenge and MI Hydrogen welcomed H2 Power Co.'s sponsorship: "I am thrilled about our collaboration, which extends beyond sponsorship, and connecting our curriculum with the hydrogen movement.

Better news for buyers in November as prices, rates ease

Retrieved on: 
Monday, December 11, 2023

SEATTLE, Dec. 11, 2023 /PRNewswire/ -- Mortgage rates falling from a 23-year high have brought some early holiday cheer for home shoppers and sellers. The latest Zillow®1 market report shows monthly costs for a new mortgage are falling, inventory is trending back toward normal, and price cuts are uncharacteristically common. 

Key Points: 
  • SEATTLE, Dec. 11, 2023 /PRNewswire/ -- Mortgage rates falling from a 23-year high have brought some early holiday cheer for home shoppers and sellers.
  • "Despite high-cost headwinds, buyers have a few things to be thankful for in today's market," said Zillow Chief Economist Skylar Olsen.
  • Mortgage rates are still above 7%, but price cuts are surprisingly common, and mortgage costs eased a bit.
  • Agents are updating pricing strategies as persistently high mortgage rates weigh on buyers.

Michael Baker International Names John Robinson Pittsburgh Office Executive

Retrieved on: 
Wednesday, December 6, 2023

PITTSBURGH, Dec. 6, 2023 /PRNewswire/ -- Michael Baker International, a global leader in engineering, planning and consulting services, announced today that John Robinson has been named Office Executive – Pittsburgh. In this role, Mr. Robinson will focus on day-to-day operations of the Pittsburgh, Pennsylvania, office, growing the firm's portfolio and expanding its capabilities and services across all practices. In addition, Mr. Robinson will oversee a team of more than 350 in providing services to local, state and federal clients, as well as a wide range of commercial clients.

Key Points: 
  • PITTSBURGH, Dec. 6, 2023 /PRNewswire/ -- Michael Baker International , a global leader in engineering, planning and consulting services, announced today that John Robinson has been named Office Executive – Pittsburgh.
  • In this role, Mr. Robinson will focus on day-to-day operations of the Pittsburgh, Pennsylvania, office, growing the firm's portfolio and expanding its capabilities and services across all practices.
  • "Michael Baker's Pittsburgh office has an extensive history of providing our clients with solutions for their most challenging projects," said Paul Gluck, P.E., PMP, DBIA, Great Lakes Regional Director at Michael Baker International.
  • Mr. Robinson brings more than 26 years of experience spanning the global engineering, consulting and construction industry to his new role at Michael Baker.

Surf Internet Reaches Major Milestone of 100,000 Fiber-Optic Internet Passings Completed in the Great Lakes Region

Retrieved on: 
Thursday, November 30, 2023

This significant milestone demonstrates Surf Internet's ongoing commitment to providing high-speed, reliable internet access to homes and businesses throughout the Great Lakes region.

Key Points: 
  • This significant milestone demonstrates Surf Internet's ongoing commitment to providing high-speed, reliable internet access to homes and businesses throughout the Great Lakes region.
  • The 100,000th passing is especially significant for Surf Internet, which provides fiber-optic internet primarily to unserved and underserved rural communities.
  • "We are honored to be on the front lines of transforming the rural landscape of the Great Lakes region," said Surf CEO Gene Crusie.
  • To see if Surf Internet services are currently available for a specific address, visit https://surfinternet.com/ and click "Check Availability."

STELLAR Broadband Announces Full Technology Portfolio for The Apex of West Bloomfield, Michigan

Retrieved on: 
Thursday, November 30, 2023

"We are so grateful for our partnership with Soave, Hunter Pasteur, and The Forbes Company.

Key Points: 
  • "We are so grateful for our partnership with Soave, Hunter Pasteur, and The Forbes Company.
  • Their commitment to a turnkey design and installation process that not only meets but exceeds the highest standards of resident expectations, sets a new benchmark for community technologies."
  • Said Richard Laing, President of STELLAR Broadband.
  • "When groundbreaking technology meets turnkey simplicity, it creates unprecedented customer satisfaction!

The Hanover Appoints Stephen P. Marohn President, Specialty Property and Casualty

Retrieved on: 
Monday, November 20, 2023

WORCESTER, Mass., Nov. 20, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has appointed Stephen P. Marohn president of specialty property and casualty.

Key Points: 
  • WORCESTER, Mass., Nov. 20, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has appointed Stephen P. Marohn president of specialty property and casualty.
  • In this role, Marohn will be responsible for leading the company's excess and surplus (E&S) business, specialty industrial business, Hanover Programs, specialty general liability and Hanover Specialty Insurance Brokers (HSIB).
  • With more than 30 years of wide-ranging industry experience and an accomplished background in commercial and specialty property and casualty insurance, Marohn most recently served as senior vice president of small business at CNA Insurance.
  • "We are very pleased to welcome Steve to our company and to this important role within our specialty business," said Bryan J. Salvatore, executive vice president and president of specialty at The Hanover.