The state offered $72 million in incentives to improve infrastructure, training and a cultural program to help Korean families integrate into the community. Local governments approved another package worth $50 million. Those figures don't include statutory tax credits that depend on investment and hiring thresholds, or the value of land where the plant will be built.
The Hoku Materials Plant is described as a complete, world-class production facility that is virtually brand new, and never saw real production. The site is approximately 67 acres and comprised of over 35,400 cubic yards of concrete, 9,488 tons of steel, 246,894 lineal feet of process and utility piping. This sale features an inventory of brand new and never-used equipment.
The Aire-Stream Fume Hood is constructed entirely of chemical resistant, flame retardant, non-metallic composite resin materials to maximize user protection.
Larson Electronics has announced the release of a new LED fixture designed to withstand the rigors of offshore operation.
Henkel Corporation has enhanced three Loctite anaerobic retaining compounds to allow primerless performance on oily or contaminated surfaces, even at operating temperatures as high as 180°C.
Dow Chemical is selling its global polypropylene licensing and catalysts business to W.R. Grace & Co. for $500 million. The sale includes Dow Chemical's polypropylene catalysts manufacturing plant in Norco, Louisiana, and customer contracts, licenses, intellectual property and inventory. About 90 workers are expected to move over to W.R. Grace.
AutomationDirect’s photoelectric sensor offering now includes models with extended sensing ranges.
Epson America Inc., introduces new ColorWorks Label Printer technology to enhance brand image, support product safety, comply with regulations and manage supply chain logistics.
Shat-R-Shield introduces the Ironclad™ 66 Series, a new line of industrial grade vapor tight fixtures.
Martin Engineering has announced a conveyor belt cleaner engineered specifically for the aggregate industry.
Mobilizing bins is easy with the new Mobile Kit for Akrobin plastic storage bins.
The Drives & Motion Division of Yaskawa America announces the release of the MV1000 medium voltage AC drive family.
General Electric says it plans to lay off up to 200 salaried employees at its Schenectady-based Power & Water Division by the end of this year. Local media reports that GE officials say it is eliminating the white-collar positions to remain competitive.
Fluke Corporation introduces the Fluke VT04 Visual IR Thermometer, a troubleshooting tool for electrical, industrial maintenance, HVAC/R, and automotive applications.
Berner International Corp., has added lengths of up to 16 feet long to go with their new high-efficiency VTH Venturi heater coil and VS Series air curtains.
CONCOA introduces a new high-purity, low-pressure regulator for specialized non-corrosive applications.
Over the past several years, the economic recovery has presented a multitude of challenges for businesses across the U.S. These challenges have been significant for those in the food and agribusiness sector. Crop, feed and fuel price volatility has impacted margins and has been difficult to hedge and manage. For many, acquiring equipment through leasing or other financing methods is more flexible and customizable.
Signaling the end of a patent battle lasting for almost three years, Korea’s Intellectual Property Tribunal rejected an attempt to invalidate Dow Corning’s patent 10-976075. Handed down by the IPT on August 9, the decision in favor of Dow Corning significantly strengthens its intellectual property position for the technology in Korea.
MaxLite® launches the versatile StaxMAX LED Flood Lights for diverse general area, architectural and security illumination in public and commercial spaces.
Fresca Foods began its journey over 20 years ago near Boulder, Co. At the time the company was focused on providing quality food service products to restaurants and retail outlets in the Boulder region, but the business was about to change.
The U.S. economy continues to improve, with forecasts now suggesting economic expansion into 2015, according to the American Chemistry Council’s monthly Chemical Activity Barometer, released today. The barometer is up 3.3 percent over a year ago, with the index itself at its highest point since June 2008.
In the well-known children’s story The Three Bears, Goldilocks moves from bed to bed and from one bowl of porridge to another until she finds one that is “just right”. Aptly named “The Goldilocks Principle” this quest for finding products, services or a business partner that hinges on the relationship being “just right” can certainly be applied when choosing a pharmaceutical contract manufacturer.
Emerson Process Management has released the TESCOM ER5000 Series of electropneumatic controllers that brings closed loop pressure control to a wide range of applications across multiple industries.
Bionomic Industries, Inc. has announced availability of their new RotaBed patented “Fluidized Bed” Scrubber for use in acid, gas, and particulate scrubbing in a wide range of process industries.
A federal judge is set to decide whether to approve a plea agreement that calls for Halliburton Energy Services to pay a $200,000 fine for destroying evidence after BP's 2010 oil spill in the Gulf of Mexico. The U.S. District Judge can either accept or reject the company's deal with the Justice Department.