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.
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.
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 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 Corp. has dropped plans for an $80 million expansion in Central Texas that would have added about 1,000 jobs.
This first-of-its-kind facility in Greenville, South Carolina, will serve as an incubator for innovative advanced manufacturing process development and rapid prototyping.
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.
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.
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.
Georgia-Pacific says it will invest $40 million in an expansion at its Fort Smith plant, which manufactures paper plates and other paper products.
Drug maker Actavis Plc is investing $48 million to reactivate and expand two manufacturing plants in the U.S. territory of Puerto Rico.
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.
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.
The Racine company best known for its garbage disposers is opening another manufacturing plant in Kenosha and will upgrade its operations in Racine.
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.
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.
State officials have approved a major expansion of a toxic waste landfill in Central California that residents say has caused birth defects in children.
Permit and grant applications show the same British company that's building a wood pellet mill in Gloster is planning one in Magnolia.
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.
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.
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.
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 International plans to add a new production line at its plant in Chesterfield County to meet demand for high-grade nylon polymers.
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.