BOGOTA, NJ — Jesco Iron Craft Inc. (Jescraft), a material handling equipment manufacturer, has announced that it will open a new manufacturing facility in Oxford, CT, with an anticipated opening date of March 2020.
ELBRIDGE, NY — Contract manufacturer Tessy Plastics announced plans to add 100,000 square feet of warehouse space to its 190,000-square-foot manufacturing plant here for additional storage of medical products.
SEDGEFIELD, UK — Filtronic, a designer and manufacturer of antennas, filters and millimeter wave products recently announced that it has invested $1.3 million in new equipment for its manufacturing facility here.
GREENSBURG, IN—Honda Manufacturing of Indiana is investing $52 million and creating 100 jobs at its assembly plant here. The jobs and investment will support the production of the Honda CR-V, which the company announced in January would be moved to Indiana from Mexico.
WASHINGTON—U.S. manufacturers added 29,000 new jobs in January, after a net gain of just 33,000 in all of 2015, according to the Bureau of Labor Statistics.
GREENSBURG, IN—A labor dispute involving dockworkers that has crippled international trade through the West Coast’s seaports has prompted Honda to temporarily cut production at its southeastern Indiana plant because of a parts shortage.
WASHINGTON—The U.S. economy is expected to expand 3.1 percent in 2015, according to the National Association for Business Economics. It would be the first year of 3 percent growth since 2005.
WASHINGTON—The National Association for Business Economics (NABE) predicts that the U.S. gross domestic product will grow 3.1 percent in 2015—up from a 2.2 percent expansion this year. The NABE also predicts that the jobless rate will come down to 5.4 percent by the end of next year.
