From the sidewalk, passers-by get an up-close view through the glass of Demma and his colleagues, who work a few feet away, behind a glass wall. He and his co-workers each have a dozen flat-screen monitors hanging above them where they track real estate research and transactions, and they attract plenty of attention.
Different manufacturing businesses face different business challenges depending on product sets, competitive dynamics, supply chains and customer trends in a given market. But when it comes to reducing the costs of existing products, they share some very similar challenges.
The need for a good workforce is critical, Jackson says. Only if the available workforce is good can a company even consider locating or expanding in a certain region. He adds, “I almost refer to it as peeling an onion. Every layer has its purpose, but the core is the workforce. The most important is the workforce.”
A coal mine equipment maker and seven companies owned by West Virginia billionaire Jim Justice are involved in a legal dispute over payments.Beckley-based Phillips Machine Services sued the Justice-owned companies last month in Raleigh County Circuit Court.
Thousands of workers demanding higher pay hurled rocks and sticks at clothing factories and clashed with police who used tear gas against them Monday, bringing fresh scrutiny to working conditions in Bangladesh's garment industry. At least 30 people were reported wounded.
One of four finalists seeking to redevelop a General Motors Corp. stamping plant that once employed more than 6,000 workers near downtown Indianapolis is considering using part of the land for a 10,000-seat soccer stadium.
Kvetching has been going on at delis, diners, food carts and groceries since the six-week-long shortage began, but lovers of the square, fried, doughy pillows of pureed potatoes may not have to go without much longer. The factory promises an end to the knish crunch by Thanksgiving, which coincides with the start of Hanukkah.
Iran's defense minister has inaugurated a missile production plant aimed at improving the country's air defense capabilities.The semiofficial Fars news agency quoted Gen. Hossein Dehghan as saying Saturday that the Sayyad-2 missile production facility allows the Islamic Republic to hit helicopters, drones and other aerial targets at medium range.
The wind farm near the Fukushima Dai-Ichi nuclear power plant is to eventually have a generation capacity of 1 gigawatt from 143 turbines, though its significance is not limited to the energy it will produce.
Pushing his case for how to increase jobs, President Barack Obama headed to the Gulf Coast where he was to use the backdrop of the Port of New Orleans to press for more government spending on infrastructure projects that can have ripple effects on employment.
Bristol-Myers Squibb says it is changing its research and development strategy, and will focus on some of its key drugs and experimental treatments for HIV, hepatitis B, cancer, immune conditions, and fibrotic disease.Bristol-Myers Squibb Co. also said it will eliminate about 75 research and development jobs by the end of 2013.
Automotive parts maker BorgWarner Inc. is expanding its operations in Seneca, S.C. and creating more than 100 jobs. The state Commerce Department said Friday that BorgWarner is investing nearly $25 million and expects to create 105 new jobs.
David Brooks, president of Coca-Cola's Greater China and Korea business unit, told Bloomberg earlier this week that the company plans to invest the money between 2015 and 2017 to build factories and add new products to its portfolio. The company is also investing $4 billion in China between 2012 and 2014.
Four New Orleans biotech startup companies will compete for an infusion of cash in front of a panel of industry experts and investors later this month. The New Orleans BioInnovation Center, a nonprofit technology business incubator, is holding the competition as part of a larger entrepreneur conference called Innovation Louisiana 2013 on Nov. 18-20.
India's Tata Motors reported a 71 percent jump in quarterly profit Friday due to a strong performance at its Jaguar Land Rover unit, even as the automaker's domestic business continued to suffer in a weak economy. The company had net profit of 35 billion rupees ($560 million) for the quarter that ended Sept. 30, beating expectations.
If you’ve been in business long enough, you face the problem of legacy computer systems, procedures, and equipment that are no longer up to the task. Unless your business is tiny, it’s hard to justify paper-based systems and manual counting. These are notoriously slow, inefficient, and prone to error.
A 55-year-old man's left arm was severed Thursday in an industrial accident at a Seattle fortune cookie company. Kyle Moore of the Seattle Fire Department says the arm was severed after the man became stuck in a machine up to his chest.
When tons of radioactive water leaked from a storage tank at Fukushima's crippled nuclear power plant and other containers hurriedly put up by the operator encountered problems, Yoshitatsu Uechi was not surprised. He wonders if one of the tanks he built will be next.
The leader of Boeing Co. machinists told hundreds of union workers Thursday night that he will see whether he can stop a vote on a proposed new eight-year contract agreement that Boeing says will determine whether much of its new 777X jet is built in the Puget Sound area, a newspaper reports.
Safety advocates said the proposal by the Labor Department would put more pressure on companies to comply with workplace safety rules and allow employees and the public to identify businesses with poor safety records. But business groups contend making the information public could be misleading and intrusive.
Fiat-Chrysler's head of European operations says the last months of the year will be especially difficult for the Italian market. Alfredo Altavilla told reporters Thursday that while car sales in some European markets are slightly improving, "in Italy there are no signs yet of recovery."
The Environmental Protection Agency is considering cutting carbon dioxide emissions from existing power plants as a measure to combat global warming. Opponents of the effort say it will wreak havoc on the economy, but environmentalists supporting the new limits say a burgeoning renewable energy industry would more than make up for any lost jobs.
The U.S. Department of Labor's Occupational Safety and Health Administration says a New Hampshire textiles company is facing $115,000 in fines for 21 serious violations of workplace safety standards at its Hampton plant. OSHA started investigating Foss Manufacturing Co. in April after a worker's complaint.
Harley-Davidson says it will build two new lightweight motorcycles at its Kansas City plant, beginning next year. The new Street 500 and Street 750 models are the company's first lightweight models since the 1970s. The Kansas City plant will build them for U.S. buyers. The bikes for international customers will be built in India.
Volvo has realized that safe is better than sexy. After several years adrift, as it changed owners and flirted with sexier ads, the Swedish automaker is in the midst of an $11 billion turnaround plan that it hopes will nearly double worldwide sales to 800,000 by 2020.