Dixie County lost one of its largest employers in the 2007-2008 recession, a Georgia Pacific (GP) Lumber facility. For more than 10 years the mill remained closed, but with help from the North Florida Economic Development Partnership (NFEDP), a new buyer has reopened the mill, made millions in new investments and has a projected annual payroll of $5.5 million in a very rural county.
The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.
Alden Tool Co. expands its presence in medical tools via precision grinding.
The Institute for Supply Management issued an economic forecast calling for expansion for the rest of 2021.
Additive manufacturing is one way companies can prepare for the next supply chain interruption.
Sure, grinding equipment itself is getting better— but so is all the technology surrounding it.
One of the annoyances of living in the suburbs is the incessant whine of gas-powered lawnmowers and leafblowers—particularly the latter.
3D Systems announced plans for acquisitions of two companies.
ZEISS said it has agreed to acquire Capture 3D. Financial terms were not disclosed.
Machine tool orders surged in March -- both on a monthly and year-over-year basis -- as manufacturing’s economic expansion continued.