The legalization of cannabis has opened up new business opportunities. In California alone, legal cannabis sales exceeded $1 billion last year ($1.1 billion to be precise), according to a recent CBS News study. Currently, with the legalization of cannabis for medicinal purposes in 23 states and the District of Columbia, entrepreneurs and companies are sniffing out business. Such is the case, for…

Stratasys Direct Manufacturing, a subsidiary of Stratasys, a leading 3D printing company, recently released a report on the impact of 3D printing on the manufacturing industry. The paper is based on a survey of , engineers and managers working in advanced companies ("advanced manufacturing"), 40 percent of whom are employed by companies with more than $50 million in revenue. For this reason,…

"Reshoring" (i.e., relocation, the reverse process of offshoring) allows companies to take advantage of available incentives, use skilled labor and do innovation while protecting intellectual property. For some companies, being able to use gas at very low costs makes the United States far more "cost effective" than other countries where electricity and coal costs are considerably higher.…

The U.S. group announced that it plans to install new cookie production lines at its Salinas plant in the northern state of New Leon. The food giant plans to decommission the nine lines at the outdated Chicago plant with four innovative lines at the Mexican plant. The project requires an investment of $130 million (€107 billion). Mondelez has already invested $600 million (€536 million) in recent…

Bosal has announced a manufacturing investment in Mexico; the Belgian group is reportedly planning to build a plant in Arteaga, in the northern state of Cohauila, for the production of emission and exhaust control components and systems. The project, which costs 528 million pesos (€ 28 million), is expected to create 180 new jobs. Bosal controls a worldwide network of 34 factories, 18…

According to data from the Bureau of Labor Statistics (BLS), in 2014, out of a total of 13,104 home furnishings and furniture companies, California was the state with the most (1,428), followed by Florida (1,073), New York (691), Texas (665), North Carolina (643), Illinois (549), Ohio (499), Pennsylvania (471), Indiana (386) and Virginia (343). Delving deeper into the analysis of the available…

GM Canada has announced a $13 million investment to redevelop the St. Catharines Powertrain plant in Ontario. The St. Catharines plant is the largest engine and transmission plant in North America, and the conversion will enable the U.S. manufacturer to produce new variants of its 3.6-liter V6 engines.

U.S. agribusiness giant Cargill has released its development plans in the Latin American country for the next three years. The multinational is preparing to invest $7.2 billion (€6.4 billion) to purchase agricultural products and provide operational financing to Mexican farmers. The plan also calls for the expansion of the El Salto plant in the state of Jalisco. The company has been operating in…

Harmony Meats announced the opening of a new meat processing plant in Balzac, Alberta province, in fall 2015. The plant will occupy a total area of 75 thousand square feet and employ about 300 workers, (125 immediately and the rest within 3 years) and will have a production capacity of 800 head of cattle per day once full production capacity is reached. Much of the investment will go toward the…

Now available online the 3rd issue of TECHINITALY – Excellence In Italian Industry, the quarterly magazine on Italian industrial technology published by Confindustria ANIE- the Italian National Federation of Electrical and Electronic Enterprises. The issue focus on Expo Milano 215 world exposition and the technology on display there within. (https://issuu.com:443/energiamedia/docs/tech_in_italy_-…