Business Improvement Group holds seminar as part of series
Business Improvement Group is sponsoring another in its series of Senior Executive Seminars 8 a.m. to noon Tuesday, June 15 at Microsoft office, 1000 Town Center, 19th Floor, Southfield, featuring Dana Wothe and Dan Santoscoy of Butzel Long. Also speaking at the event is Brendan Newell of Microsoft. Register at www.BIG-Detroit.com or call for reservation 248-451-1236.
Chamber of Commerce hosts lunch with U.S. Rep. Hoekstra
The Royal Oak Chamber of Commerce is hosting U.S. Rep. and Michigan Republican gubernatorial candidate Pete Hoekstra (R – Holland) for a luncheon address with area business owners and community leaders Wednesday, June 16 at Red Run Golf Club, 2036 Rochester Rd. in Royal Oak. The doors will open at noon with lunch at 12:30 p.m. followed by the congressman’s address. For information, call 248-547-4000 or visit www.royaloakchamber.com.
Ford adds Takata Corporation to its business vendors
Takata Corporation of Auburn Hills announced it has been chosen by Ford Motor Company to be one of 13 new suppliers added to their Aligned Business Framework for closer collaboration and a long-term relationship. Takata’s global leadership in developing vehicle safety systems provides Ford a partner capable of assisting the company as it increases global common sourcing.
Clarkston Financial announces lower revenues than last year
Clarkston Financial Corporation, the holding company for Clarkston State Bank, reported operating results for the first quarter and 12 months ended Dec. 31, 2009. Total revenues for the first quarter were $1,148,000, compared with $1,472,000 for 2009.
For the 12 months ended Dec. 31, 2009, total revenues were $4,446,000, versus $7,286,000 for 2008. Net interest income was lower, year-over-year, from the systematic reduction of the balance sheet, as the bank continues to work through asset-quality problems.
Clarkston State Bank opened in January 1999 and operates four branches in Clarkston, Waterford, and Independence Township.