DETROIT-The Michigan Central Depot building, reduced to ruin by age and vandalism, is no longer being considered for use as Detroit Police headquarters. City leaders now say they favor creating a regional justice facility elsewhere.

DETROIT-Hendricks & Partners close three deals around the state. The largest of the deals was the purchase of South Square by South Square Holt LLC of Lansing.

LANSING, MI-The Michigan Economic Development Corp. says it will name former insurance company executive James Epolito the organization's new president and CEO. The MEDC board is expected to approve Epolito's contract before he assumes his new post on Sept. 1.

DETROIT-The Detroit Local Initiatives Support Corp. and Community Development Advocates of Detroit are seeking nominees for its fifth annual community development awards.

LANSING, MI-India's largest manufacturer of engine and suspension parts has purchased a forge facility in Lansing. Federal Forge, now renamed Bharat Forge America, provides the company with a strategic presence in North America.

DETROIT-Four redevelopment projects in the city will each receive $100,000 under the state's Cool Cities program. A total of 29 projects are designated as part of the Cool Cities program, but only 13 projects around the state receive funding.

SOUTHFIELD, MI-Auto supplier Lear Corp. is making plans to close five plants and relocate work to less expensive locations. Lear says it will announce which plants will close in its July 29 earnings statement.

LATHRUP VILLAGE, MI-Work starts on Michigan First Credit Union's new headquarters. The 60,000-sf facility includes 12 drive-thru lanes, four drive-thru ATMs and leasable space for a restaurant.