Industry: Manufacturing
News
Dec. 2, 2016
California’s push for zero-emission vehicles is going agonizingly slowly – sort of like getting stuck behind those Prius drivers who refuse to step on the gas so they can stay in glide mode.
News
Nov. 30, 2016
Since manufacturing is the engine of economic growth, especially for the middle class, we thought we would see which states are having the sector’s best bouncebacks since the recession. Of the 32 states that average more than 100,000 manufacturing jobs overall, Michigan has attracted the largest percentage of growth with 32.49 percent since 2010. California was 24th of 32 states at 2.57 percent.
News
Nov. 16, 2016
Aecom has halted construction on Faraday Future’s Las Vegas electric car factory after the Chinese-backed firm reportedly missed several payments for the project.
News
Nov. 16, 2016
First Solar Inc. intends to lay off more than one-quarter of its staff and to restructure operations to focus on newer solar modules, which will lead to at least $500 million in charges and push the company into the red this year.
News
Nov. 13, 2016
The Federal Railroad Administration disclosed last week that the state’s High-Speed Rail Authority was seeking exemptions from the Buy American Act on more than a dozen critical train parts including motors, gearboxes, axles, wheels, brakes, derailment mitigation devices, undercarriages and even the entire aluminum car body shells. . . The Bay Bridge often is held up as an example of a poor decision to use foreign suppliers for U.S. infrastructure projects. . . The move bypassed the Buy American Act for the central span and allowed the bridge sections to be outsourced to China. The attempt to save money backfired and contributed to a tripling of the cost to more than $6 billion.
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