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This Just In; Croce leaves NextEnergy to be president of Lipten.

Publication: Crain's Detroit Business
Publication Date: 29-SEP-08 		Format: Online
Delivery: Immediate Online Access
Full Article Title: This Just In; Croce leaves NextEnergy to be president of Lipten.(Jim Croce has joined Lipten Co.)(Jaffe Raitt Heuer & Weiss P.C. has opened a consulting firm in Israel)(Art Van Furniture Inc. has named Marshall Whaling)

Article Excerpt
Jim Croce, CEO of NextEnergy for almost five years, has joined the private sector as president and COO of Wixom-based Lipten Co., an energy-services firm.

Tomorrow will be his last day at the Detroit-based nonprofit, which was founded in 2002 to serve as a research catalyst, startup incubator and business accelerator for alternative-energy technologies.

Crock successor was expected to be announced this week, but talks hit a snag, although the search is progressing, said NextEnergy Chairman Chris Rizik.

Croce said he hopes to grow Lipten's business in alternate and renewable energy, and to take it from revenue of about $30 million to $150 million by 2013.

The company specializes in what is referred to as EPC, for engineering, procurement and construction, with an emphasis on general contracting, power generation, steam generation, chilled-water systems and watertreatment plants.

Croce said he also will try to expand Lipten's Michigan presence. Despite its local headquarters, it has no projects here.

Lipten added six employees this year for a total of 40, about 30 of whom are in Wixom. Before taking the top spot at NextEnergy, Croce was vice president of business development of DTE Energy Co.'s...

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