Excerpts from the article:
A 2005 analysis by Inc. magazine and the Initiative for a Competitive Inner City says Detroit has five of the nation's top 100 fastest-growing urban businesses, tying it for first place with Denver and Chicago.
Those businesses are Piston Group (No. 5), Vision Information Technologies (No. 17), L. S. Brinker Co. (No. 28), Detroit Chassis (No. 45) and Integrated Media Technologies (No. 78).
These business owners are also happy to call Detroit home:
"I just fell in love with the place," says Randal Charlton, 65, CEO of Asterand, who is from London.
A visit to a friend six years ago eventually led to his decision to locate his startup biotech firm, which provides human-tissue research services, in Detroit's TechTown research and technology park.
Asterand has 65 employees in Detroit and will have another 40 in London after a merger announced Sept. 19 with Pharmagene Plc. Once the merger is approved, both companies will operate under the Asterand name and the headquarters will remain in Detroit.
When Motor City Electric was displaced a few years ago after General Motors Corp. took over the Renaissance Center, the decision was made to stay in Detroit. The final destination was the closed Corver Engineering plan on Grinnell Street.
CEO Dale Wieczorek, 55, who was born and raised in Detroit, knew he would keep the headquarters in Detroit. "We believe in Detroit and wanted to make our investment here," he says.
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