Urban Renaissance: Bike Factory Reinvigorates Detroit

After buying a 50,000-square-foot factory on the West Side of Detroit, Zak Pashak began making bicycles in 2013. It was a risk, as most bike making had moved outside the U.S. beginning more than a generation ago. Yet Detroit Bikes’ contract with Motivate, the company that runs bike-sharing programs in 12 metro areas, including New York Citi Bike, has helped put Pashak’s company on pace to churn out 10,000 bikes this year. Bloomberg's Tim Higgins has more on "Bloomberg Markets." (Source: Bloomberg)

Full Show: Surveillance (09/25)
32:55 - Bloomberg Surveillance hosted by Tom Keene and Francine Lacqua. Guests include Ulrich Spiesshofer, chief executive officer at ABB, Burkhard Varnholt, global deputy chief investment officer at Credit Suisse, and Joerg Kukies, co-chief executive officer at Goldman Sachs Germany. (Source: Bloomberg)
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