Manufacturing News

With cash in hand, Viridi Parente ready to hit the battery-powered accelerator
Jon Williams' company will use a $30 million investment round to expand its production capacity and marketing, in anticipation of deals with major customers.
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Rift develops between Foxconn, Gov. Evers administration on incentives contract
Relations between Foxconn Technology Group and Wisconsin Gov. Tony Evers’ administration have grown tense to the point where an Evers cabinet member is demanding the company amend its contract with the state or face disqualification from eligibility for upwards of billions in state tax credits. A Foxconn executive, in turn, accuses the Evers administration of creating distractions that “leave job creators and job seekers wondering if doing business in our great state is welcomed by Governor…
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Newmont Goldcorp reaches water deal with community that halted massive Mexican gold mine
The gold giant's pact relates to a three-week blockade and gold mine shutdown this fall.
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Exclusive: Spirit AeroSystems adding to holiday schedule to help slow 737 MAX output
Three days will be added to the company's annual holiday break as nearly 90 737 MAX fuselages are now being stored in Wichita.
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Johnson Controls' CEO Oliver talks Milwaukee growth plans, DNC involvement: Slideshow
Johnson Controls International plc chairman and CEO George Oliver on Friday talked about his growth plans both overall and in the Milwaukee area for the manufacturing firm and how it would get involved with the Democratic National Convention in Milwaukee in July 2020. Check out the attached slideshow to see scenes from the popular event and the many attendees who participated in the "ugly sweater" contest held this time of the year. Oliver was the featured speaker at the Milwaukee Business Journal's…
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Bell Boeing delivers first modified V-22 variant to Marines
Bell and Boeing, which together make the V-22 Osprey, delivered the first modified MV-22 to the U.S. Marine Corps, the companies announced this week. The MV-22 used by the Marine Corps is a variant of the V-22 that the venture made up of Bell, part of Textron Inc. (NYSE: TXT), and Boeing Co. (NYSE: BA) has been making for decades. The Marine Corps has multiple configurations of the MV-22. Under what's called the Common Configuration – Readiness and Modernization program, Bell Boeing is reducing…
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