Would you like to cut product development and assembly costs? Would you like to do this while improving quality, reducing downtime, boosting morale, and eliminating material shortages? If you want to sell Industry 4.0 to your IT organization, you’ll need to emphasize the real-world benefits of the Internet of Things (IoT).
Insyte Consulting will remain the local Manufacturing Extension Partnership Center, a designation from Empire State Development Corp. which the company has held since 1988. The designation comes with $4.25 million in funding through 2020.
For years, New York’s Southern Tier has experienced manufacturing job losses. Now, as part of an economic development initiative called 76West, New York State will help build a clean-energy sector in the 11-county region. From now until March 15, 2016, NYSERDA will accept applications for this $20 million business competition, which includes a $1 million top prize. Which clean-energy companies will compete and win?
Economic development doesn’t just create jobs when manufacturers open new facilities. There are plenty of so-called “indirect jobs”, too. When 1366 Technologies opens its new Genesee County plant in 2017, the solar wafer manufacturer will employ between 600 and 1000 people. The Bedford, Massachusetts company will also bring supply chain and operational opportunities to New York State. Can you benefit from them?
Spring doesn’t begin until March, but the nation’s advanced manufacturing hubs will soon grow again. In February, the U.S. Department of Commerce will solicit bids for two new nodes in the National Network for Manufacturing Innovation (NNMI).
Integra Optics is expanding south of the U.S. with a new production facility in São Paulo, Brazil. The Albany, New York-based business makes fiber-optic equipment for cable, phone and wireless network platforms companies like Time Warner Cable and Verizon. It competes with the giants Cisco and Alcatel-Lucent.
Did you know that New York City is the capital of desktop 3D printing? Brooklyn-based Makerbot is the most powerful player, but there’s plenty of room for startups. Among publicly-traded 3D printing companies, the firms that are the most focused are also the most successful.
GlobalFoundries has acquired a 60-acre parcel from the Luther Forest Technology Campus in Saratoga County, New York. The computer chip manufacturer paid $1.2 million, or $20,000 an acre, to purchase 60 acres that straddle the Malta and Stillwater town line.
Successful manufacturers don’t just make the most of what they do best. They protect themselves against unnecessary risks. Leading manufacturers also understand that over-reliance on a single sector or customer can be dangerous.
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