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Daily news and top headlines for manufacturing professionals

Freezer Company Creating Jobs In Kentucky

July 30, 2014 4:23 am | by The Associated Press | News | Comments

A manufacturer of custom coolers and freezers has expanded to Todd County in southern Kentucky. Gov. Steve Beshear's office says Custom Cooler Inc. is creating 75 jobs and investing nearly $5.8 million in the manufacturing facility. The project is ...

GM Proposes Expansion For Michigan Crossover Plant

July 28, 2014 8:14 am | News | Comments

General Motors Co. is considering a $37 million expansion of a mid-Michigan plant that makes three crossover vehicles.                               

Great River To Expand, Move Head Office

July 25, 2014 3:09 pm | News | Comments

Great River Industries will expand in Natchez, Miss. and move its corporate headquarters there from Memphis, Tennessee, creating 25 jobs.                    

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UTC Aerospace To Expand In Puerto Rico

July 23, 2014 7:49 am | News | Comments

Alejandro Garcia Padilla said Tuesday the expansion of UTC Aerospace Systems follows a previous investment of $15 million that has created 200 jobs in the past year.                     

Lumber Company Announces Philadelphia Expansion

July 22, 2014 10:33 am | by The Associated Press | News | Comments

Weyerhaeuser Co. is investing $57 million to modernize over the next three years at its softwood lumber mill in Philadelphia. Weyerhaeuser said in Monday's announcement the work will be done in phases. Plans are to install two continuous direct fired kilns and a new planer mill. In the last year...

Volkswagen To Add 2,000 Jobs In Tennessee

July 14, 2014 9:44 am | by Erik Schelzig and Tom Krisher, Associated Press | News | Comments

Volkswagen plans to build a new seven-passenger SUV at its factory in Chattanooga, Tennessee, adding about 2,000 factory jobs as it tries to reverse U.S. sales that have fallen for the past two years.           

Submarine Maker Plans R.I. Expansion

July 7, 2014 11:30 am | by Jennifer McDermott, Associated Press | News | Comments

Submarine maker Electric Boat plans to double its workforce in Rhode Island to build a new class of submarines under a $95 billion Navy program, welcome news in the state with the nation's highest unemployment rate.      

ISM: Manufacturing On Solid Ground For The Rest Of 2014

July 2, 2014 12:40 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Articles | Comments

Holcomb indicates that there aren’t any specific concerns facing manufacturing right now and that the opposite is more likely. Business volumes are stable and are getting stronger, depending upon the specific industry, but all pointing in the right direction.

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Ready, Set, GoPro: Camera Maker To Hit Wall Street

June 25, 2014 11:04 pm | by Joseph Pisani, AP Business Writer | News | Comments

The maker of wearable sports cameras, loved by mountain climbers, divers, surfers and other extreme sports fans, said late Wednesday it sold 17.8 million shares at $24 each in its initial public offering of stock.           

Chrysler Investing $63M In Michigan

June 25, 2014 1:01 pm | News | Comments

Chrysler Group has confirmed plans to invest $63 million in its Warren Stamping Plant to expand capacity at the suburban Detroit facility.                             

Entegris Opens New $55 Million Mass. Facility

June 18, 2014 12:30 pm | by Joel Hans, Managing Editor, Manufacturing.net | News | Comments

The facility will be utilized to make products for the semiconductor industry, which demands levels of purity to the parts per quadrillion (ppq). With the allowable level of contamination at one ppq, it’s equivalent to one drop of water in a space the size of the Empire State Building.

Alcoa Unit To Invest $25M In Va. Facility

June 18, 2014 7:53 am | News | Comments

Alcoa Power and Propulsion plans to invest $25 million in new technology at its Hampton, Virginia operation.                         

MAPI: Factory Output Numbers Show 'Solid Footing'

June 16, 2014 11:20 am | News | Comments

The report is a very positive confirmation that the manufacturing sector will continue to grow faster than the general economy this year and next. Growth is driven by a ramping up of the housing supply chain.              

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Giti Tire To Invest $560 Million, Create 1,700 S.C. Jobs

June 16, 2014 10:57 am | by Joel Hans, Managing Editor, Manufacturing.net | News | Comments

The Singapore-based company will produce both passenger and light truck tires in the new facility, which will combine manufacturing and distribution within its estimated 1.8 million square feet.                 

Why Making Lights In America ‘Is Not Just An Option’

June 11, 2014 4:57 pm | by Joel Hans, Managing Editor, Manufacturing.net | Articles | Comments

After an unsuccessful tryst with China, Independence LED Lighting ended up establishing a new headquarters and manufacturing operation in Wayne, Penn., just under 20 miles northwest of Philadelphia — reshoring all that production work to the U.S.

ConAgra Expanding Popcorn Facility In Indiana

June 11, 2014 3:48 pm | News | Comments

ConAgra Foods says it will spend nearly $9 million to expand its popcorn production operations in northwestern Indiana, where it expects to add up to 80 workers in the coming year.              

National Instruments Drops Texas Expansion Plan

June 11, 2014 7:58 am | News | Comments

National Instruments Corp. has dropped plans for an $80 million expansion in Central Texas that would have added about 1,000 jobs.                      

GE Breaks Ground On $400 Million Advanced Manufacturing Facility

June 10, 2014 1:42 pm | by The Greenville Area Development Corporation | News | Comments

This first-of-its-kind facility in Greenville, South Carolina, will serve as an incubator for innovative advanced manufacturing process development and rapid prototyping.                     

MAPI Economic Forecast: Investment Spending Will Drive Growth

June 9, 2014 12:18 pm | by The Manufacturers Alliance for Productivity and Innovation (MAPI) | News | Comments

The Manufacturers Alliance for Productivity and Innovation (MAPI) Quarterly Economic Forecast predicts that inflation-adjusted gross domestic product will expand 2.5 percent in 2014 and 3.2 percent in 2015. The former is a decrease from 2.8 percent and the latter equal to the 3.2 percent from MAPI’s March 2014 report.

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.                  

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.                 

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