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Daily news and top headlines for manufacturing professionals

Why Does This Tax Credit Need A Revival?

June 5, 2014 10:57 am | by Joel Hans, Managing Editor, Manufacturing.net | Articles | Comments

The New Markets Tax Credit (NMTC) Program, established back in 2000 to spur economic development in blighted communities around the U.S., actually doesn’t exist anymore. But if the story of Mölnlycke Health Care and Brunswick, Maine, means anything, it's that the tax credit is about due to be revived.

S.C. Announces 300 New Jobs, $38M In Investment

June 2, 2014 9:54 am | by Joel Hans, Managing Editor, Manufacturing.net | News | Comments

South Carolina Governor Nikki Haley was joined by state and local economic development officials last Thursday evening to announce $38.2 million in new capital investment and 304 new jobs in South Carolina.               

GP Announces $40M Expansion At Ark. Plant

May 30, 2014 3:45 pm | News | Comments

Georgia-Pacific says it will invest $40 million in an expansion at its Fort Smith plant, which manufactures paper plates and other paper products.                  

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Actavis Investing $48M In Puerto Rico Plants

May 29, 2014 7:48 am | News | Comments

Drug maker Actavis Plc is investing $48 million to reactivate and expand two manufacturing plants in the U.S. territory of Puerto Rico.                     

MAPI: Despite Some Drops, Durable Goods To Grow Soon

May 27, 2014 9:54 am | by Manufacturers Alliance for Productivity and Innovation (MAPI) | News | Comments

The growth in April’s new orders was entirely due to large defense contracts which have very long lead times and thus do not reflect activity that is likely this year. Having said that, defense capital goods contracting has exploded in early 2014.

MIT Prof.: More Costly To Offshore Than Many Companies Think

May 23, 2014 9:52 am | by MIT Sloan School of Management | News | Comments

Using a new finance tool, she shows how the mismatch costs that result from extending the supply chain may well be higher than the lower cost offered by the offshore supplier, leading to reduced profits.                 

InSinkErator Plans $65M Expansion

May 22, 2014 4:00 pm | News | Comments

The Racine company best known for its garbage disposers is opening another manufacturing plant in Kenosha and will upgrade its operations in Racine.                  

Brembo Celebrates Michigan Parts Plant Expansion

May 22, 2014 3:23 pm | News | Comments

High-end auto parts manufacturer Brembo S.p.A announced plans Wednesday to make North America its top market while celebrating expansion of its plant in southern Michigan.              

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Plastic Products Company Investing $3.2M In S.C.

May 22, 2014 2:24 pm | by Joel Hans, Managing Editor, Manufacturing.net | News | Comments

Plastic Products Company Inc. (PPC), a manufacturer of plastics and injection molding, has announced its plan to invest $3.2M in a new facility in Seneca, S.C.                           

California Approves Toxic Waste Site Expansion

May 21, 2014 2:15 pm | News | Comments

State officials have approved a major expansion of a toxic waste landfill in Central California that residents say has caused birth defects in children.                  

British Company Plans Third Pellet Mill

May 19, 2014 3:01 pm | News | Comments

Permit and grant applications show the same British company that's building a wood pellet mill in Gloster is planning one in Magnolia.                    

Northrop Grumman Expanding In Florida

May 12, 2014 10:32 am | News | Comments

Defense contractor Northrop Grumman, spurred on by millions in cash incentives from the state of Florida, announced plans for a major expansion of its already-existing operations in the state.           

ISM: Solid Numbers All Around

May 2, 2014 2:17 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Articles | Comments

Economic activity in the manufacturing sector expanded in April for the 11th consecutive month, and the overall economy grew for the 59th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. 

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Land O' Lakes Closing Wisconsin Cheese Plant

May 2, 2014 7:48 am | News | Comments

Land O' Lakes also announced a multi-million dollar expansion to its Kiel facility. Among the improvements in the next few years will be new milk silos and new cheese vats.                

Tesla To Break Ground At Two ‘Gigafactory’ Sites

April 30, 2014 11:17 am | by Joel Hans, Managing Editor, Manufacturing.net | News | Comments

The company has not said when they would be willing to announce the two top-runners. Musk also did not explain what would happen to the “losing” site after the company has already broke ground and decided to finish the plant elsewhere.     

Honeywell To Expand Va. Plant Production

April 30, 2014 8:00 am | News | Comments

Honeywell International plans to add a new production line at its plant in Chesterfield County to meet demand for high-grade nylon polymers.                   

3M Plans $18.7M Expansion In Missouri

April 24, 2014 2:16 pm | News | Comments

Plant manager Todd Cantrell said Wednesday the expansion will make the site the largest 3M plant in Missouri and one of the largest in the country. The project will create 22 new jobs.             

Honeywell Aerospace Expanding In Puerto Rico

April 23, 2014 2:15 pm | News | Comments

Gov. Alejandro Garcia Padilla says the Arizona-based aerospace industry company is opening a second plant that will begin operations in April 2016. He said Wednesday that 310 jobs will be created.            

PHD, Inc. To Expand Ind. Operations With $4M Investment

April 23, 2014 12:25 pm | by PHD, Inc. | News | Comments

Headquartered in Fort Wayne, Ind., PHD is investing $4.18 million to equip its 76,000 square-foot production facility in Huntington. Multi-axis CNC equipment will be installed in the coming weeks with plans to begin insourcing production of CNC-machined parts.

Tesla Plans Expansion In China

April 22, 2014 8:54 am | by Joe McDonald, AP Business Writer | News | Comments

Tesla delivered its first eight electric sedans to customers in China on Tuesday and CEO Elon Musk said the company will build a nationwide network of charging stations and service centers as fast as it can.         

We Are In The Post-Industrial Economy

April 21, 2014 1:25 pm | by Mike Collins, Author | Blogs | Comments

The reality is that today’s big corporations are really only focused on three things — cost reduction, profitability, and increasing returns to their investors. They are not moral, patriotic, loyal, or immoral, and we cannot and should not depend on them to devote anything more then lip service to the plight of the middle class or the decline of American manufacturing.

MAPI: Output Shows 'Moderate Growth' Future For Manufacturing

April 16, 2014 10:59 am | by Manufacturers Alliance for Productivity and Innovation (MAPI) | News | Comments

The Federal Reserve reported that total industrial production (consisting of manufacturing, mining, and utilities) grew 0.7 percent during March. Manufacturing, which accounts for the lion’s share of total industrial production, grew a healthy 0.5 percent.

USMTO: Manufacturing Technology Orders Down In February

April 14, 2014 5:07 pm | by AMT – The Association For Manufacturing Technology | News | Comments

 This total, as reported by companies participating in the USMTO program, was down 6.6% from January and down 6.2% when compared with the total of $377.82 million reported for February 2013. With a year-to-date total of $733.82 million, 2014 is down 0.6% compared with 2013.

Palmetto State Armory To Expand S.C. Plant, Hire 300

April 10, 2014 2:35 pm | by Joel Hans, Managing Editor, Manufacturing.net | News | Comments

South Carolina-based gun manufacturer Palmetto State Armory (PSA) has announced plans to expand its facility in Lexington, S.C., with a $4.2 million investment.                            

Tenn. Volkswagen Expansion Talks At Standstill

April 8, 2014 8:12 am | by Erik Schelzig, Associated Press | News | Comments

Expansion talks at Volkswagen's lone U.S. plant have ground to a halt amid disagreements about the role of organized labor at the factory in Tennessee.                    

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