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Briefly.(Altarum Institute sells its division to Michigan Technological University)(National Labor Relations Board accused Oakwood Healthcare Inc.)(Hager Pacific Properties acquired 5 commerical buildings)
Crain's Detroit Business, October, 2006
Altarum sells division to MTU Altarum Institute has entered into an agreement to sell its Environmental and Emerging Technologies Division to Michigan Technological University in Houghton for $1.4 million. The division, which will remain in Ann Arbor, employs 24 and posts $4 million in annual gross research revenue.
The sale is part of Altarum's plan to focus on health systems research, an approach it announced in April when it converted its defense-research segment into a for-profit subsidiary for eventual sale. The division's strengths in sensors, signal processing and earth sciences fit well with some of the university's research programs, Michigan Tech said in a release. - Sherri Begin NLRB case calls Oakwood nurses `supervisors' An Oct. 3...
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