LUDWIGSHAFEN, Germany — The sprawling chemical plant in this city along the Rhine River has been a jewel of Germany’s manufacturing-led economy for more than a century. But the plunging price of natural gas in the United States has European companies setting sail across the Atlantic to stay competitive.
California has the most to gain in terms of jobs and economic development when unmanned aircraft are allowed to operate in U.S. airspace, speakers at a symposium on the commercialization of drones said on Wednesday. The growth trajectory of innovation favors the state as military spending on drones decreases and commercial applications, such as firefighting and police uses, increases and universities incorporate creating new technology and uses for drones into their curricula.
A new study says the beer industry contributes as much as $34.2 billion each year to California’s economy and creates 241,640 local jobs. The study by the National Beer Wholesalers Association and the Beer Institute said those jobs represent about $11.1 billion in wages and benefits.
Company: AffymaxCA Net Job Gain/Loss: -230Reason: LayoffCity/Region Losing Jobs: Palo Alto, CA
Company: CJ Foods, IncCA Net Job Gain/Loss: 50Reason: ExpandCity/Region Gaining Jobs: Fullerton, CA
Company: Bionovo IncCA Net Job Gain/Loss: -45Reason: LayoffCity/Region Losing Jobs: Emeryville, CA
Company: NorthropCA Net Job Gain/Loss: -768Reason: ClosureCity/Region Losing Jobs: Carson, CA
TULARE — Faced with continued low milk prices and high feed costs, California dairy operators are increasingly being wooed by states offering cheaper costs and expanding markets.
After years of losing jobs to lower-cost, overseas operations, several Rust Belt states are seeing a resurgence of manufacturing, led surprisingly by Michigan.
Manufacturing is staging a big comeback in the United States, according to a new U.S. Commerce Department report, but a new state employment report indicates that manufacturing is continuing its years-long slide in California.
Company: GlobalFoundriesCA Net Job Gain/Loss: -1000Reason: Invest Elsewhere, Out of StateCity/Region Losing Jobs: Milpitas, CACity/Region Gaining Jobs: New York, NY
The shutdown of a 102-year-old California manufacturing company points to a major flaw in California’s industrial development policy:
Company: Bank of AmericaCA Net Job Gain/Loss: -103Reason: LayoffCity/Region Losing Jobs: Chatsworth, CA
Company: ChevronCA Net Job Gain/Loss: -800Reason: Layoff, Move Out of StateCity/Region Losing Jobs: San Ramon, CACity/Region Gaining Jobs: Houston, TX