The winner of the Macomb Pitch: A Competition for Small Businesses at the Macomb-OU INCubator is off to a fast start in the aftermath.
LayStitch, which won the elevator pitch competition, is merging with Coliant. The two Macomb County-based startups specialize in fabric technology that helps warm the wearers.
"Some of the technologies in LayStitch processes have value in the heated clothing technology for Coliant," says Mark Lundquist, executive vice president of LayStitch
For instance, Coliant
is developing personal climate-control technology, i.e. Smart Clothing system, that works to keep users warm while riding motorcycles and other similar vehicles, like ATVs. LayStitch is developing a process of making carbon-fiber composites at a reduced cost.
The 19 employees between both companies will now work together, even though LayStitch will retain its brand identity and operate as a wholly-owned subsidiary of Coliant. The two startups have offices in Sterling Heights and Warren.
Source: Mark Lundquist, executive vice president of LayStitch
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.