Manufacturing News

$4M fund for cannabis entrepreneurs passes Colorado Legislature
The fund will be administered by OEDIT, and used to help entrepreneurs historically and systematically blocked from the burgeoning and booming cannabis industry.
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Compensation for Textron boss dips in 2020
Scott Donnelly, who made a big stock sale in February, requested a higher incentive rate for his team than he received.
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PHOTOS: Belmont Brewing Co. set to open nanobrewery
Belmont Brewing Co. owner Bethea Baker is ready to take his home-brewing skills up a notch. That brewery is slated to open at 1 p.m. on Saturday after a number of pandemic-related delays. It is located at 1500 River Drive in Belmont. Baker, also head brewer, has teamed up on that effort with Jess Faucette, founder of Alternative Beverage in Charlotte, and Dennis Talley.  “I think the community needs a small nanobrewery that can change things up,” he says. Seth Clark has been tapped as assistant…
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In NC's push for economic recovery, these are the top job sectors on the radar
The opportunities for North Carolina in terms of economic development recruitment remain steady as the economy shows signs of moving toward recovery. As of this week, the state has 175 active projects – companies it was trying to recruit for expansions or relocations – in the pipeline. That included “Project Mustang,” which slid into the win column Thursday when Biogen (Nasdaq: BIIB) announced a $200 million investment for its campus in Research Triangle Park. Chris Chung, CEO of the…
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Medtronic taps Walmart exec to head supply chain
Medtronic will hire a Walmart Inc. executive to serve as its executive vice president of global operations and supply chain, CEO Geoff Martha said Thursday in a LinkedIn post. The hire is Greg Smith, Walmart's executive vice president of U.S. supply chain. He'll start on April 5. "Greg is a seasoned leader who brings the unique blend of operations and supply chain experience needed to help establish Medtronic as the undisputed leader in healthcare technology," Martha said in the post. Before coming…
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Analyst upgrade of Boeing holds warning for Wichita
Canaccord Genuity forecasts a slower increase on the 737 MAX than Boeing has called for.
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