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President Obama Launches Competitions for New Manufacturing Innovation Hubs and American Apprenticeship Grants

At a meeting of the President’s Export Council (PEC), President Obama will announce nearly $400 million to help improve the competitiveness of American businesses and workers by spurring new manufacturing innovations and giving America workers additional opportunities to improve and expand their skill sets for middleclass jobs. To help support new advancements in manufacturing, the […]

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DuPont to Sell DuPont Neoprene to Denka Performance Elastomer LLC

WILMINGTON, Del., – Today, DuPont Performance Polymers and DENKA (Denki Kagaku Kogyo K.K. TSE:4061) announced they have signed a definitive agreement to sell DuPont™ Neoprene polychloroprene to Denka Performance Elastomer LLC, a new joint venture company owned 70 percent by DENKA and 30 percent by Mitsui (Mitsui & Co., Ltd. TSE:8031). The sale is expected […]

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GE Capital to Deliver Tank Cars Adhering to 2015 Worker Safety Appliance Standard

CHICAGO — GE Capital, Rail Services announced today it is delivering 875 tank cars that meet the 2015 Safety Appliance Standard to customers. GE Capital is one of the first lessors to offer tank cars that comply with the Association of American Railroads (AAR) Safety Appliance Standard S-2044 that was adopted by the Federal Railroad […]

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Berkshire Hathaway To Acquire The Duracell Battery Business From Procter & Gamble

OMAHA, NE — Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) announced today that it has entered into a definitive agreement with Procter and Gamble (“P&G”) whereby it will acquire the Duracell battery business from Procter & Gamble (“P&G”). Pursuant to the agreement, in exchange for a recapitalized Duracell Company, which will include approximately $1.7 billion in […]

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Key Nanomaterial Technology Development Anticipated to Help Drive Improvements in Manufacturing Process and Costs

BRISTOL, UK, – DuPont Microcircuit Materials (DuPont) will present initial research findings about new screen printable nano-silver conductor ink developments for grids and bus lines in Organic Light Emitting Diode (OLED) lighting and other printed electronics applications at the ID Tech-Ex Printed Electronics Europe Conference in Berlin, Germany, from April 1-2. DuPont anticipates that, once […]

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GE Oil & Gas Planning $60M Investment in Lufkin, Foundry to Meet Global Demand for Well Production Equipment

LUFKIN, TEXAS, — Seeking to improve and sustain its manufacturing capabilities to meet the growing demand for oil and gas production and power transmission equipment, GE Oil & Gas (NYSE: GE) today announced it plans to invest $60 million in expanding and modernizing its foundry operations in Lufkin, Texas. The Lufkin foundry produces industry-leading iron […]

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President Obama Announces New Actions to Further Strengthen U.S. Manufacturing

U.S. manufacturing is central to the foundation of our economy, and the U.S. manufacturing sector is as competitive as it has been in decades for new jobs and investment. Since February 2010, U.S. manufacturing has added more than 700,000 jobs, the fastest pace of job growth since the 1990s. Today, to continue to build on […]

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P&G Expands Sustainability Goals to Conserve Resources, Protect Environment

CINCINNATI—The Procter & Gamble Company (NYSE:PG) today expanded its sustainability goals to continue creating value with consumer-preferred brands and products while conserving resources, protecting the environment, and improving social conditions for those who need it most. “We continue to improve the environmental sustainability of our products across all aspects of their life cycle – from […]

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Crown Holdings Announces Acquisition of Heineken Packaging Businesses in Mexico

Philadelphia, PA – Crown Holdings, Inc. (NYSE: CCK), a global leader in consumer packaging, today announced that it has entered into a definitive agreement to acquire EMPAQUE, a leading Mexican manufacturer of aluminum cans and ends, bottle caps and glass bottles for the beverage industry, from Heineken N.V., in a cash transaction valued at $1.225 […]

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GE’s Operator Interface Solutions for the Industrial Internet Bring Consumer Technology to the Factory Floor

CHARLOTTESVILLE, VA —GE Intelligent Platforms (NYSE: GE) today announced the company’s QuickPanel+™ operator interface (OI) for the Industrial Internet now features multi-touch technology, providing the same pinch-to-zoom functionality as today’s popular consumer touchscreen devices. Multi-touch and swipe viewing are a worldwide standard in consumer digital interfaces, so viewing system-wide details even on a 7″ display […]

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