Posts in Economics & Enterprise
Fueling Fitness

The Dabish family turned Powerhouse Gym into, well, a worldwide powerhouse. Family patriarch Will Dabish and his brother, Norm, broke away from the family grocery business through a series of circumstances and improbable events. As immigrants’ kids, the brothers didn’t speak English when they were young. Will failed first and third grade as a result. The boys endured beatings from older and bigger kids in the neighborhood. The circumstances called out for a solution.

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A Toast to Growth

Two teetotaling, longtime investment bankers transformed and revitalized an age-old brewery in an iconic Michigan town. Anmar and Haithem Sarafa, of Steward Capital Management, found themselves in a position to buy Frankenmuth Brewery in the midst of the 2008 financial crisis. When things went south for a client trying to buy the 19th century brewery, an opportunity presented itself.

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Madison Heights City Council Rejects 24-hour Gas Station

On May 13, the Madison Heights City Council moved to reject the latest special approval proposal by Sheetz for a new 24-hour gas station, citing several reasons why it denied the request. Among other items, the council noted that the plan proposed by Sheetz was inconsistent with the intent of the district as well as the city’s master development plan.

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Growing Pains

Even before the 2020 election that featured a national explosion of approval for ballot proposals legalizing marijuana production, processing and sales, the industry had taken off, with Michigan among the most lucrative states for cannabis crop sales. However, the lure of marijuana money comes with expensive federal tax headaches, restrictions on trade across state lines, and a depressed market overcrowded with licensees.

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