The latest personnel, leadership and boardroom news from Michigan’s technology-focused companies, institutions and groups
InfuSystem Holdings Inc. (NYSE MKT: INFU), a provider of infusion pumps and related services for the health care industry in the United States, announced Monday that it has replaced and refinanced its $35 million bank facility with a new $36.5 million credit facility, in order to provide additional financial and operational flexibility.
Mike Setzer said neighbors are locking their doors and keeping an eye on one another during this difficult time.
Two men were arrested after stealing landscaping equipment in Sterling Heights and eluding police on I-696.
Sikhs from metro Detroit gathered Monday evening at a temple in Madison Heights to remember the victims killed in a Sikh Temple near Milwaukee on Sunday.
InfuSystem Holdings Inc. said Friday it had formally amended the company’s stockholder rights plan to accelerate the final expiration date of the associated purchase rights issued in the plan, as previously announced on May 30.
InfuSystem Holdings Inc. (NYSE: INFU) this week reported a loss of $915,000 or 4 cents a share on revenue of $14.3 million in the first quarter ended March 31, compared to a loss of $171,000 or 1 cent a share on revenue of $13 million in the first quarter of 2011.
Sean McDevitt has left InfuSystem Holdings Inc. (NYSE Amex: INFU) as CEO, after an agreement with shareholders representing 11.4 percent of the company’s stock was reached Tuesday.
A 50-year-old Madison Heights man was arrested for breaking into his neighbor’s garage and stealing several items.
The students said they are upset by the school district’s decision to impose a ten percent pay cut on teachers.