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logistics and transportation industry totaled $1.33 Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) Hours of Service (HOS) rule that went into effect on July 1, 2013 could create a reduction in industry productivity, projecting the need for another 100,000 drivers without an increase in shipping volume.
The food processing industry works to convert raw materials, such as grains, dairy products and meats, to processed food. Much of the foods found in grocery stores have been processed, and the industry remains one of the largest in the United States. Overall, the food processing industry is largely necessary in today’s society.
The Aerospace/Defense industry reported its third consecutive year of record revenue and profit last year. Although growth is expected to slow, commercial aerospace companies continue to be optimistic about the future, industry experts say. 12 percent of Tech’s engineering majors enter the aerospace/defense industry.
When the Panama Canal expansion is complete in 2015, supersized post-Panamax ships from Asia will be able to traverse the canal and, for the first time, have direct all-water shipping access to ports on the Gulf of Mexico and the East Coast. By Jenny Vickers. From the July/August 2013 issue. markets via train or truck.
Southwest Louisiana is undergoing an industrial renaissance with record amounts of domestic and foreign-direct investment in new chemical and energy projects,” Gov. We encourage all of our industries to consider SWLA as a potential home base for their headquarters facilities.”. Edwards said. “We Businesses come first in St.
The half-ton 2015 F-150 has been stealing the spotlight lately for its revolutionary aluminum body and new powertrains, but its big brother Super Duty remains a critical component of Ford’s overall truck strategy. The auto industry is huge here. In 2013, Kentucky announced 281 new projects in which companies are investing $3.3
Lower fuel prices, a surge in railroad hiring and the need to get goods to market faster are boosting growth and profits in the logistics sector. Business Facilities (BF) Magazine. Logistics Networks Are Getting Back On Track appeared first on Business Facilities (BF) Magazine.
This public-private partnership with Louisiana Economic Development, IBM and LSU is a powerful example of the triangulation between industry, government and academia that elevates the state’s role as a national leader in economic development,” said Koubek. The BRAF-affiliated Wilbur Marvin Foundation (WMF) will own the office building.
The Site Development Grant program is part of Tennessee’s larger Rural Economic Development Fund, announced by Governor Bill Haslam in October 2015. The grants awarded were: Brownsville I-40 Advantage, $500,000: Extension of 1600 linear feet of water line and boring under the railroad tracks to close the loop in the system along the bypass.
Thanks to these advantages, the state has experienced significant growth in numerous industries and emerged as a leader in sectors such as advanced manufacturing, alternative energy, bioscience, distribution and food processing. Bioscience is yet another emerging industry in Kansas. A further goal of 20 percent by 2020 has been set.
The Bronze Award winner in BF ’s 2015 Economic Development Deal of the Year competition will generate an estimated $17.7 Louisiana has the most extensive network of pipelines in the nation, and offers unmatched supply-chain access to domestic markets via railroads and barges. In September, Taiwan-based Formosa Petrochemical Corp.
MHC says starts rise in August; housing is mixed; retail remains weak; industrial gains. Online sales are one factor stimulating warehouse and industrial construction. Matrix Development Group is] constructing a 150,000-square-foot industrial building for the beverage distributor Ritchie & Page[. Tuesday, September 27, 2011.
Industrial Revenue Bonds (IRB): Can be issued by New Mexico communities to exempt companies from most of the property taxes on land, buildings and equipment. Pay at least $40,000/year in a community with a population of 40,000 or for jobs created prior to June 30, 2015 or $60,000/year for jobs created on or after July 1, 2015.
For FY16 (July 1, 2015 through June 30, 2016) EDD has received an appropriation of $50 million in LEDA CO. Pays at least $40,000/year in a community with a population of less than 40,000 for jobs created after July 1, 2015. Certain green industries. Businesses in certain industries are not eligible (e.g., Appointment.
states with service to all six Class I railroads, and offers more than 7,300 miles of oil pipeline and 11,200 miles of gas pipeline. has made Louisiana a prime development state for major capital investments in new and expanding process industries–manufacturers that rely heavily upon natural gas as a feedstock. times that of the Nos.
The recent mega-mergers of major food companies like Kraft with Heinz and AB InBev with SABMiller are a sign consolidation of established companies but also an opportunity for new entrants to the market and cost-reduction throughout the industry. Not all of these acquisitions have worked out. ConAgra bought Ralcorp in 2012 for $6.8
Each safety vest we selected is compliant with ANSI/ISEA 107-2015 standards and is of high quality. This is hands down the best ANSI/ISEA 107-2015 approved class 2 level 2 safety vest that we have come across during our research. So, we made a detailed study of the class 2 safety vests and have come up with a top 10 list for you.
SMUD is a major force in helping Sacramento develop into a leading clean tech/green tech industry center. At the time, this solar installation was the largest single-site industrial project in California and one of the largest in the country. Barstow Industrial Park. gigawatt hours of electricity a year.
million directly in the travel industry and 6.8 million in other industries. Travel ranks 7th in terms of employment compared to other major private industry sectors. casino industry supports 1.8 This generated $2.5 trillion in economic output and supported 15.7 million jobs, including 8.9 It also created $267.9
PROJECTS: KAISER PERMANENTE (GA DED; AMAZON (GSMP); COMMUNITY HEALTH SYSTEMS (TN DECD); SOLARCITY (UTAH GOED); SUBARU EXPANSION (IEDC); POLARIS INDUSTRIES (AL DOC); NOVO NORDISK (EDC OF NC). The robust technology talent, thriving network of companies and overall high quality of life in GA puts Georgia on the radar for these industry leaders.
Launched in 2015, Blueprint 2.0 Like many locations in Colorado, the Grand Valley offers a juxtaposition of modern, industrial sites, historic downtown renovation projects and wide open land. The program, known as Blueprint 2.0, Shovel ready sites available in Fruita, CO with a view. Photo: Ken Redding). Interstate 70 and U.S.
T he Council of Supply Chain Management Professionals’ (CSCMP) released its 26th Annual State of Logistics (SoL) Report® in June 2015. The overall cost of the logistics industry rose another 3.1 The transportation sector of the logistics industry grew by 3.6 By Dominique Cantelme From the May/June 2016 Issue. supply chain.
Certified shovel ready sites are in growing demand among companies and site selection consultants, and they are an increasingly popular tool for communities to attract new business and industry. Construction began this year with completion of the first manufacturing buildings planned for 2015. To get ready, many states across the U.S.
Texas’ commitment to growth through innovation is manifested in the Texas Emerging Technology Fund (TETF), a grant program designed to expedite the development and commercialization of new technologies through partnerships between the state, higher education institutions, and private industry. TOMBALL IS TRUE TO ITS ROOTS.
Economic developers can leverage the benefits of FTZs to attract jobs and investment, and to facilitate maintenance and expansion of their existing industrial base. Heavy in crude, barite and the shipbuilding industry, all total FTZ 124 zones brought in approximately $82 billion worth of product into their respective facilities that year.
Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Alabama Industrial Access Road & Bridge Program: Provides financial assistance to communities for industrial access to new and expanding industries.
The thriving high-tech industry in Austin has made Texas the second-largest semiconductor job market after California, according to the Semiconductor Industry Association. the next five-year phase—will focus on eight industries, including clean technology, data centers and digital media. suppliers.
Industries that qualify for the CAPCO program may include manufacturing, processing, or assembling products; conducting research and development; or providing services. ALABAMA INDUSTRIAL ACCESS ROAD & BRIDGE PROGRAM: Provides financial assistance to communities for industrial access to new and expanding industries.
We have among the best assets in the world, including unparalleled access to global markets with our five international airports, seven Class I railroads, the third largest interstate highway system in the country, the third largest intermodal port in the world, and more. IL FILM INDUSTRY IS SURGING.
There are currently 24 OSHA related items on this year’s agenda, but only a handful affecting the construction industry: Blood Lead Level for Medical Removal Standard affected: 29 CFR 1926.62 The lead standards for general industry and construction are based on lead toxicity information that is over 35 years old.
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