OAKLAND, NJ—Amerlux, a manufacturer of energy-efficient lighting, has relocated to a new 200,000-square-foot assembly plant here. The company plans to boost its workforce by 40 percent.
ARMONK, NY—IBM has dealt its chip manufacturing division to Globalfoundaries Inc. In an unusual move, IBM will pay Globalfoundaries $1.5 billion over the next three years to take over the division. As part of the deal, Globalfoundaries will also own and operate IBM's manufacturing facilities in East Fishkill, NY, and Burlington, VT.
Arenas and other large venues rely on high-tech displays to produce the best show possible for an audience. The show must go on, as the saying goes, so reliability is paramount.
TROY, MI—Contract manufacturer Unified Business Technologies could add 171 jobs over the next three years after winning an Army contract to make components for surveillance and communications.
FAIRFIELD, CT—Scientists at GE are experimenting with a technology, called Direct Write, that uses special “inks” to print miniature sensors directly inside jet engines, gas turbines and other hot, harsh and hard-to-reach places.
LOWELL, MA—Raytheon Co. and the University of Massachusetts Lowell will establish a $3 million joint research facility here dedicated to future technologies for radar and communication systems.