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Manufacturing News

RSS feedDisplaying articles 31 - 40 of most recent articles

Acquisitions drive 30 percent sales bump for Matthews in 3Q Matthews International Corp. saw a 30 percent jump in sales in its most recent quarter, thanks largely to its recent acquisition of Schawk Inc. On Thursday, Matthews (Nasdaq: MATW) reported sales for the third quarter were $364.8 million, which compares t | Jul 30, 2015 8:57 PM [GMT] | comment? | recommend
Wright Medical sees record global ankle sales, still posts loss Wright Medical Group Inc. (NASDAQ:WMGI), reported second quarter earnings Wednesday, demonstrating the growth of foot and ankle medical device sales in the U.S. and abroad. However, the company still posted a loss of $44.3 million in the second quarter. T | Jul 30, 2015 7:53 PM [GMT] | comment? | recommend
Heavy equipment wheel company expanding with move to Brown Deer A company that assembles and stores wheels for heavy equipment is expanding locally, and moving its operations to Brown Deer from North 124th Street. OTR Wheel Engineering Inc. leased 71,800 square feet at 9153 Deerbrook Trail in Brown Deer, according to | Jul 30, 2015 7:46 PM [GMT] | comment? | recommend
GSK to hire 130 workers in Zebulon to make next-gen asthma drugs As drug giant GlaxoSmithKline (NYSE: GSK) prepares to make its next-generation asthma drugs in Zebulon, the company plans to hire 100 workers this year and another 30 to 40 next year. When it completes that many hires, it would bring the company close to | Jul 30, 2015 7:09 PM [GMT] | comment? | recommend
Opinion, Ex-IM Bank: Congressional leadership needed to promote U.S. jobs There was a time in recent memory when Congress and the American people would rally around efforts to promote U.S. manufacturing jobs. This was especially true for Made in the U.S.A. products that could be sold overseas. The belief was that American worke | Jul 30, 2015 7:04 PM [GMT] | comment? | recommend
Sealed Air's Q2 performance surprises analysts Sealed Air Corp. (NYSE:SEE) on Thursday morning reported net earnings for its common shareholders of $28.01 million, or 13 cents per diluted share, for the second quarter. Thats down from $60.1 million, or 28 cents per share, in the same period a year ear | Jul 30, 2015 5:34 PM [GMT] | comment? | recommend
Koss embezzler Sue Sachdeva's sentence reduced by 33 months at prosecutor's request Sue Sachdeva will get out of federal prison 33 months early for cooperating with federal prosecutors in other cases related to her $34 million embezzlement from Koss Corp. After a hearing that lasted less than 15 minutes Thursday morning at the federal co | Jul 30, 2015 5:32 PM [GMT] | comment? | recommend
Mercury Marine 2Q sales, profits increase Mercury Marine in Fond du Lac posted increases in sales and operating profits in the second quarter of 2015, with acquired businesses helping drive growth in the segment's parts and accessories business. Brunswick Corp., the Lake Forest, Ill.-based parent | Jul 30, 2015 5:04 PM [GMT] | comment? | recommend
Boeings McNerney warns of moving work abroad over Ex-Im dispute If the U.S. Export-Import Bank isnt restored, the Boeing Co. could move parts of its operations out of the country. According to a report from Reuters, Boeing Chairman Jim McNerney told the Economic Club of Washington this week that the company is looking | Jul 30, 2015 4:44 PM [GMT] | comment? | recommend
Two manufacturers approved for tax incentives, adding 182 jobs The Kentucky Economic Development Finance Authority on Thursday approved $2 million in preliminary tax incentives to two manufacturers. They're planning projects that will create more than 180 jobs combined. The larger incentive went to 3 Ten Enterprises | Jul 30, 2015 4:29 PM [GMT] | comment? | recommend