Manufacturing News

Report: Tesla spends about $8,000 per minute
Tesla is spending about $8,000 per minute — or $480,000 per hour — as it ramps up production on the Model 3 and adds an electric semi truck and luxury sports car to the mix, according to a Bloomberg analysis. At its current spending rate, the Palo Alto-based car maker will exhaust its current cash stash by next August, Bloomberg reported. The company is dropping more than $1 billion per quarter due, in part, to its massive investment in the Model 3, a $35,000 electric car the company hopes will…
>> Read More

KC green-industry company grows executive team with new hires
DCA Outdoor Inc.'s executive team is germinating with its first CFO and director of sales and marketing.  The Kansas City-based holding company has grown to nine green industry-related brands, including nurseries and landscaping distribution businesses. Becky Dockter joins DCA as its CFO and brings more than 20 years of experience in accounting and finance. She most recently was director of finance for Weisser Distributing in Sioux Falls, S.D. Her background also includes serving as controller…
>> Read More

Doughnut Lounge gears up for big expansion
Founder Jake Randall talks about his expansion plans for the craft doughnut and cocktail lounge, including a new location in North Kansas City.
>> Read More

Why PODS is battling its franchisees who want part of the U-Haul settlement
PODS and U-Haul entered into a settlement agreement in October 2016, bringing an end to the long-running trademark litigation.
>> Read More

Triad company announces sock deal with pro lacrosse league
  WarDog Lacrosse, based in Burlington, will be an official provider of athletic socks for the 2018 Major League Lacrosse season. According to WarDog, it collaborated with MLL teams in developing the sock. The company will create custom designs for all nine teams. MLL players tested the socks at the 2017 MLL All-Star Game and provided feedback. No financial terms of the deal were announced. WarDog founder and Brown Dog Hosiery Co.'s Callum Brown has filled other niches with socks for other outdoor…
>> Read More

Behind the $21 billion in deals Monsanto, Bayer have done to close their $63.5 billion merger
About $20.8 billion worth of transactions, in fact, have occurred since September 2016 when the two companies first announced their merger, with Bayer leading the way in divestitures.
>> Read More