U.S. retail sales rose strongly in April as consumers spent more on motor vehicles amid an improvement in supply and increased spending at restaurants, providing a powerful boost to the economy at the start of the second quarter. The broad rise in retail sales reported by the Commerce Department on Tuesday suggested demand was holding…
EL SEGUNDO, Calif., May 12, 2022 /PRNewswire/ — Morf3D, Inc., a subsidiary of Nikon Corporation and trusted leader in metal additive manufacturing (AM) specializing in AM optimization and engineering for the aerospace, defense, and space industries, today announced that DMG MORI, a worldwide leader in metal cutting machine tools and processing solutions for turning and milling,…
NEW YORK & SEOUL–(BUSINESS WIRE)–May 13, 2022– Bristol Myers Squibb (NYSE: BMY) and LOTTE Corporation today announced that LOTTE has agreed to purchase Bristol Myers Squibb’s manufacturing facility in East Syracuse, New York. The East Syracuse site will serve as the LOTTE Center for North America Operations for LOTTE’s new biologics contract development and manufacturing…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. factory activity grew at its slowest pace in more than 1-1/2 years in April amid a rise in workers quitting their jobs, and manufacturers are becoming more anxious about supply over the summer because of China’s zero tolerance COVID-19 policy. The Institute for Supply Management’s (ISM) Manufacturing Business…
Continued investment in key hires to strategically position Company for future growth and scale ROSEVILLE, Minn., April 26, 2022 /PRNewswire/ — Calyxt, Inc. (Nasdaq: CLXT), a plant-based synthetic biotechnology company, yesterday welcomed the second of two director-level hires in areas critical to the continued advancement of the Company’s key technology and business development goals. The first…
Lay & Lyman General Department Store, ca 1890s. Top inset photo, Hiram T. Lay; bottom, William H. Lyman. Hazen Hayes Perkins was born in 1847 in Ottawa, Illinois. By the early 1870s, he was inventing and making farm implements. He obtained his first patent for a cultivator in 1873. . More: Dean Karau history: The…
U.S. job growth increased more than expected in April amid strong hiring in manufacturing as well as the leisure and hospitality industry, underscoring the economy’s strong fundamentals despite a drop in output in the first quarter. Though the Labor Department’s closely watched employment report on Friday showed a moderation in wage gains last month, wage…
Calhoun and Bamberg might be among the smallest counties in the state but they carry a big economic punch. Calhoun County boasts globally recognized businesses such as Starbucks, one of only a half dozen roasting plants worldwide, and Devro Inc., one of the world’s leading manufacturers of edible casings. Agriculture has been a key component…
