Manufacturing Round Up for the Week of 1/19/15
January 21, 2015
Need to catch up on the latest news and announcements affecting New York State manufacturers? Here are this week’s top stories.
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ThermoAura Opens New Nanocrystal Factory in Colonie
January 20, 2015
ThermoAura is a Capital Region startup that manufactures a nano-enhanced thermoelectric material that’s 25% more efficient and costs 40% less to produce than competitor offerings. Founded in June 2011 by Dr. Rutvik Metha, a graduate of Rensselaer Polytechnic Institute (RPI), the company is continuing is successful transition from university laboratory to commercial manufacturing.
Predicting Manufacturing Success in 2015
January 18, 2015
John Zegers, the director of the Georgia Center of Innovation for Manufacturing, is predicting “a landmark year for American manufacturing in 2015.” In an article for Manufacturing.Net, the former manufacturers’ representative explains that “a convergence of activities” will help U.S. companies to grow, change, and compete.
5 Manufacturing Trends to Watch in 2015
January 15, 2015
What is the future of manufacturing in 2015? According to Michael Kotelec of Verizon Enterprise Solutions, there are five trends that will cause manufacturers to adjust their supply chains and modify their business models in the new year. Kotelec’s Industry Week predictions apply globally, but which trends will affect New York State manufacturers the most?
Factory Wages: The Mean is Not the Average
January 8, 2015
The National Employment Law Project’s (NELP) study about American factories contains conclusions that equate the state of the auto parts industry with U.S. manufacturing as a whole. In philosophy, confusing the part with the whole is known as the fallacy of composition. On the factory floor, finding a bad part in a big batch is known as quality assurance. So is the NELP study flawed, or is it a fine example of QA?
Craft New York Act to Create Jobs, Spur Investment
December 29, 2014
The legislation that Governor Andrew M. Cuomo signed on November 13 reduces what the Governor calls “burdensome” requirements, and provides $3 million in promotional funding via two craft-beverage grant programs. Jim Trezise, President of the New York Wine & Grape Foundation, and Paul Leone, Executive Director New York State Brewers Association both praised the new law, which takes effect on December 13.Food and beverage manufacturers employee thousands of New Yorkers and generate billions of dollars in revenue.
HTR to locate business accelerator in Sibley Building
December 17, 2014
Rochester Business Journal Lt. Gov. Robert Duffy announced Monday that High Tech Rochester Inc.’s Business Cooperative Accelerator has a green light to locate in Rochester’s
Ithaca's Incodema Goes 3D and Expands in Freeville
December 17, 2014
Ithaca News Incodema3D is the first local company to be accepted into the START-UP NY (SUNY Tax-free Areas to Revitalize and Transform Upstate NY) program.
Measuring New York State’s Manufacturing Capabilities
December 15, 2014
In The Future of Manufacturing: Driving Capabilities, Enabling Investments, the World Economic Forum analyzes trends in global manufacturing from a value chain perspective. This 40-page report asserts that although developed countries have seen significant declines in manufacturing employment, improvements in manufacturing capabilities have “counterbalanced” this trend.
