On Feb. 4, GenCorp said it would cut 5 percent of its nationwide workforce to gain efficiencies from the merger. At 5 percent, the cuts worked out to 225 employees across the country, and it turns out they are mostly in California.
The TechAmerica Foundation proudly presents our 2014 edition of Tech Trade in the States: A State-by-State Overview of International Trade of Tech Goods. It provides 2012 data on tech trade at the national level and export data for all 50 states, the District of Columbia, and Puerto Rico. The report also provides an estimate as to the number of jobs that are supported by export activities.
Unusually cold weather in January chilled factories’ output and froze up some mining operations but boosted utility consumption as Americans huddled for warmth. Total industrial production fell a seasonally adjusted 0.3% in January, the Federal Reserve said Friday. It was the first decline for the reading since July.
HGST, a unit of Western Digital, intends to construct two big, new buildings in south San Jose in an expansion of its campus that could create up to 1,700 jobs and help develop a transit and technology village for the area, according to documents filed with city planners.HGST, a unit of Western Digital, intends to construct two big, new buildings in south San Jose in an expansion of its campus that could create up to 1,700 jobs and help develop a transit and technology village for the area, according to documents filed with city planners.
Companies in Texas making semiconductors, telecommunications devices, computers, and other items shipped more than $45 billion in products to other countries in 2012, according to a report by the TechAmerica Foundation, a lobbying and advocacy firm representing the technology industries. That’s a $3 billion rise from 2011.
You might think that testing robotic aircraft for future civilian use would be a quintessential California enterprise. But not if you’re a U.S. senator from the state. The governor’s not exactly a cheerleader for the idea, either.
The nation’s factories finished the year on a high note and look to be building momentum heading into 2014.
The Federal Aviation Administration announced the selection of sites in Alaska, Nevada, New York, North Dakota, Texas and Virginia.
Aerospace giant Boeing Co. announced that it would reduce its workforce in Southern California by 200 to 300 people who are part of its research and development unit.
In the 1950s, one third of the American workforce was employed in the manufacturing industry; the economy not only supported manufacturing jobs, it thrived on the power of this sector. Since then, U.S. manufacturing has been in a sharp decline as overseas production has become the dominant choice for American companies. Since 2000, the U.S. has seen 5.8 million manufacturing jobs shift overseas.
An official for Gov. Jerry Brown’s Office of Business and Economic Development, or GO-Biz, confirmed Monday that California will submit a proposal to Boeing ahead of the company’s Tuesday deadline for states to submit proposals to host production of the 777X.
Growing life-sciences technology company Arrayit is roughly doubling its footprint, moving south of Highway 101 as the company expands its product and service offerings dramatically.
Southern California’s aerospace industry took another one on the chin when Boeing reached a tentative agreement with a machinists union to build the new 777X airliner in the Seattle area instead of at other possible sites, including Long Beach.
U.S. factories notched their fifth straight month of expansion in October, bucking expectations that the federal government’s 16-day shutdown would chill activity.
Industrial production increased 0.6 percent in September following a gain of 0.4 percent in August. For the third quarter as a whole, industrial production rose at an annual rate of 2.3 percent. Manufacturing output edged up 0.1 percent in September following a gain of 0.5 percent in August, and increased at an annual rate of 1.2 percent for the third quarter. Production at mines moved up 0.2 percent in September and advanced at an annual rate of 12.9 percent for the third quarter. The output of utilities rose 4.4 percent in September following declines in each of the previous five months. The level of the index for total industrial production in September was equal to its 2007 average and was 3.2 percent above its year-earlier level. Capacity utilization for total industry moved up 0.4 percentage point to 78.3 percent, a rate 1.9 percentage points below its long-run (1972-2012) average.