Meyer Tool Inc. (MTI), a high-tech supplier to the gas turbine industry, will more than triple its manufacturing operations near Greenville, S.C., with an initial $5 million investment that will add at least 50 new jobs to the production.
The U.S. imports all of its natural graphite, but mining companies are searching locations from...
The White House announced Sunday the The American Lightweight Materials Manufacturing Innovation Institute (ALMMII), set to open this spring in metro Detroit. It’s the latest hub in the Obama administration’s National Network of Manufacturing Innovation (NNMI), and it’s expected to bring 10,000 jobs to the region within the next five years.
Toray Industries, Inc., a Tokyo-based manufacturer of fibers and textiles, plastic resins, films and carbon fiber compositematerials, has selected Spartanburg County, S.C. for its next global facility. The $1 billion investment over the next decade is expected to create 500 new jobs and represents one of the largest initial capital investments in South Carolina's history.
Apple is betting on sapphires to be the next big thing for its products. It feels so strongly about using the material that it’s building a factory in Mesa, AZ and signed a development and supply contract with crystal materials manufacturing specialist, GT Advanced Technologies, to make sapphire material exclusively to Apple for consumer electronics.
Entegris Inc. has reached a deal to buy fellow semiconductor materials maker ATMI in a deal worth about $1.15 billion. The deal announced Tuesday brings together two key suppliers in the semiconductor industry to create a leader in advanced process materials, contamination control and wafer handling, Entegris said.
There is much debate over the effectiveness of the strategy, the affect it has had on “American” brand quality, and the affect it is having on the U.S. economy and its ability to pull out of the current recession.
Silicor Materials, in many ways, is turning inward to implement the necessary practices rather than simply trying to respond to volatile markets. In order to make that possible, the company is implementing some philosophies most often seen in another industry altogether: the foundries of Big Steel, which has a long history of adopting new technology and ways of thinking to improve margins and stay in business.
The U.S. is accusing China of failing to comply with a World Trade Organization ruling against China's imposition of duties on high-tech American steel. Washington says the duties caused a $250 million annual drop in exports. The ruling concerns grain oriented flat-rolled electrical steel that is used primarily by the power generating industry.
Magnetation Inc. of Grand Rapids, Minn., announced in late 2012 it would build the new factory at the site of an abandoned ethanol plant in the White County town of Reynolds. Several large buildings for the factory are under construction at the site.
On April 24, the Rana Plaza, an eight-story commercial building in Savar collapsed, leaving hundreds dead and many more trapped within the rubble. Survivors said the building had cracked severely the day before, and that police had ordered an evacuation, but there was no action on the factory’s management.
After years of development, supplier searches and assembly, Boeing began to ship out its long-awaited, high-tech 787 “Dreamliner” jet to airlines globally throughout 2012 and well into 2013. Again and again, things just didn't go to plan.
Immersed in today’s dynamic business technology environment and excited about what’s to come, we at LNS Research offer our early list of main focus areas you can expect experts to be discussing over the next few months.
These conflict minerals — cassiterite, wolframite, coltan and gold — are mined in the DRC by various rebel groups and those who, generally speaking, do not bind themselves to any threshold of human rights. Because minerals mined in these countries go through a complex network of middlemen in the region and in East Asian processing plant, the exact source of a particular batch of gold can be difficult, if not impossible, to find.
The privately owned SpaceX Falcon 9 rocket has experienced several technical issues this year and two attempts to launch on Thanksgiving were aborted. SpaceX says it will try again in a few days to launch the 7,000-pound satellite into geostationary orbit.
A FabLab can be understood as a physical space with tools and machines for digital fabrication; a community of people that collaborate and share some values and capabilities; and a node in a global network that seeks a balance between being completely independent and local and being completely coordinated and global. Each of these three different natures is important and cannot be taken alone.
Fitesta Simpsonville, Inc., today announced its plans to expand its existing Greenville Country facility to significantly increase production capacity for its spunmelt nonwoven hygiene products. The company says its $50 million investment, which will remodel the 190,000-square-foot facility, will create at least 32 new jobs.
Gov. Nathan Deal announced Wednesday that Caesarstone is planning to invest between $70 million and $100 million in the new plant in Richmond Hill — about 20 miles southwest of Savannah. Deal says the company will import raw materials to make new countertops, and will export the finished products from Georgia's ports.
GT Advanced Technologies Inc. shares soared in extended trading Monday after it struck a multi-year supply agreement with Apple Inc. for sapphire material. GT will also own and operate the equipment to produce the material at an Apple facility in Arizona. It expects the Apple deal will add to its earnings per share in 2014.
After decades of outsourcing, the resurgence in domestic manufacturing is now America’s favorite comeback story. Factors that once drove companies overseas — including labor and energy costs — are no longer considered insurmountable obstacles. Yet one troubling trend could signal a major complication for returning manufacturers: our nation’s increasing reliance on unstable supply chains of imported minerals.
Hoku, which filed for bankruptcy protection in July, began building what was supposed to be a $370 million plant in 2007 to make polysilicon material destined to be used in solar panels. But the plant never opened. U.S. Bankruptcy Judge Jim Pappas last week issued the order approving the sale.
A three-judge panel from the 5th U.S. Circuit Court of Appeals in New Orleans didn't indicate how soon it would rule after hearing arguments Wednesday by lawyers for Taishan Gypsum Co. Ltd. and a group of Virginia homeowners who sued the foreign company.
While the booming era of “going green” and “sustainability” in manufacturing has come and gone over the last few years, there are still innovative manufacturers that are working hard to reduce their impact on the environment. Interface Inc. has taken those efforts to another level with a program that not only utilizes recycled materials, but also helps impoverished farmers across the globe make a better living.
The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced a new Interagency Agreement with the U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) that will make it easier for manufacturers and transit agencies to identify domestically made products, such as rolling stock and other steel and iron components that comply with FTA’s “Buy America” rules.
Martin Engineering has announced its acquisition of Arizona-based TNJ Industries, which specializes in dust management for the crushing and conveying of mine materials. The purchasing company says the acquisition will strengthen its line of dust control products, giving customers more options when making an investment. Terms of the transaction were not disclosed.
Metals maker Allegheny Technologies Inc. plans to sell its tungsten materials business for $605 million to Kennametal Inc. The Pittsburgh company said Monday that the deal gives it better financial flexibility as Allegheny Technologies, or ATI, focuses on growth opportunities in its high-performance metals and flat-rolled products segments.
Laser and optics manufacturer II-VI Inc. has acquired the semiconductor laser business of Oclaro Inc. for $92 million. Oclaro's shares jumped 30 percent to $1.38 before the opening bell Thursday. II-VI is acquiring semiconductor laser technology used in laser system products for material processing, medical, consumer and fiber optic communications.
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