Compiled
6y
THE NAME Builders Associa-
tion of Southeastern Michigan
has been changed to the Building
Industry Association (BIA) of
Southeastern Michigan.
"A name change was needed
because our membership — both
home builders and associate
members — now engages in ac-
tivities beyond just building hous-
ing," said Janet Compo, president
of the BIA and chief executive of-
ficer of James D. Compo Inc. of
Farmington Hills.
In addition to building single-
family homes, BIA members re-
model homes, build and manage
apartments, condominiums,
shopping centers, clinics and of-
fice buildings and develop land.
Associate members are in trade
industries or professions allied
with the field such as mortgage
finance and building products
and services.
With more than 1,950 mem-
bers and associate members, the
BIA is the third-largest state or
local association in the National
Association of Home Builders.
The BIA was called the Detroit
Builders Association when it was
founded in 1928. The name was
changed to the Builders Associa-
tion of Metropolitan Detroit in
1955 and the Builders Associa-
tion of Southeastern Michigan in
1967.
2
THE COLLEGE of Business
Administration at the Universi-
ty of Detroit Mercy has been re-
accredited for 10 years by the
American Assembly of Collegiate
Schools of Business (AACSB).
Of the 1,200 colleges and uni-
versities in the United States of-
fering both undergraduate and
graduate business degrees, only
261 (or 25 percent) are accredit-
ed by the AACSB.
U-D Mercy is the lone private
school in Michigan with the
AACSB's accreditation, and it is
the second-oldest accredited
school in the state (the Universi-
ty of Michigan is the oldest).
Steve Stein
Building, a five-story structure in
Detroit's federally designated em-
powerment zone, which is un-
dergoing renovation.
Located at the northeast cor-
ner of Woodward and Garfield,
just south of the Cultural Center,
the building was designed by
renowned architect Albert Kahn
and built in 1908.
The drugstore will occupy the
first floor, with the remainder of
the building housing 56 loft
apartments.
Rite Aid Corporation merged
recently with Perry Drug Stores,
which were founded and owned
by Jack Robinson. Mr. Robinson
is president of Rite Aid of Michi-
gan.
BORDERS GROUP has select-
ed Ann Arbor as the location for
its Waldenbooks worldwide cor-
porate headquarters. Ann Arbor
beat out Nashville, Tenn. It's es-
timated the headquarters will
bring approximately 550 jobs to
the city.
Josef Bruner
JOSEF BRUNER, former pres-
ident of the Quad "C" Company,
has been named national account
manager in the new Troy office of
the Gibbens Company.
Quad "C" and Gibbens have
STONE & SIMON has donated merged after Quad "C" served as
the prize money it won for earn- an agent for Gibbens for more
ing a First Choice award in the than a decade. Gibbens, with 26
1994 Detroit Newspaper Agency offices throughout the United
Partnership for Humanity Pro- States and more than 400 asso-
gram to the Child Abuse & Ne- ciates, is a national leader in un-
glect Council of Oakland County. employment tax management
Stone & Simon created a 30- services.
Mr. Bruner and his staff have
second television commercial and
full- and half-page newspaper ads more than 25 years of experience
for the council on a pro bono ba- in the unemployment compensa-
sis. It won the award for that ad- tion-tax management and cost-
control business. They have
vertising campaign.
represented more than 2,000
RITE AID of Michigan has Michigan employers.
signed a lease to open a drugstore
on the first floor of the Garfield MEMOS page 50
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