Manufacturing Round Up for the Week of 5/22/15

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Manufacturing-News-FuzeHub-5-22-2015

WNY Posts Strong Manufacturing Numbers For 14th Straight Month

“While research from the National Association of Purchasing Management’s Buffalo branch indicates that manufacturing activity was strong in the region for a 14th consecutive month, the same can’t be said for manufacturers throughout the state.”
Read more here.

Big Changes Are Coming to Chobani Greek Yogurt

“The founder of Chobani Inc., the company that helped spark the greek yogurt trend, is anticipated to step down from his role as CEO this year, the Wall Street Journal reports, though the Turkish entrepreneur will remain as chairman.”
Read more here.

3D Printed Electronics Startup Beats Out 8 ‘Game-Changing’ Robot Startups

“RoboUniverse New York set out to find a “game changer” as it launched its first-ever startup competition. And today, it picked Massachusetts-based Voxel 8, which lets users 3D print fully functioning electronics in a single piece rose to the top of an impressive class of competitors, as the victor and winner of a $1,000 prize.”
Read more here.

Why This Founder Says ‘Robots’ Will Turn Millennial Investors Into ‘Great Economic Force’

“Adam Nash’s “robots” will invest up to $10,000 of your money for free. His company, Palo Alto, Calif.-based Wealthfront, doesn’t start making money off its customers until they’re wealthy enough to cross that symbolic financial threshold.”
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Makerbot CEO: Consumer Market Too ‘avant garde’ for mainstream adoption

“Makerbot’s new boss today said the consumer 3D printer demand his company had counted on when it opened three retail stores wasn’t what it expected, leading to their closure in April. But based on file download numbers he shared, the weak performance of the experimental consumer market is no reason to panic.”
Read more here.

Wegmans To Open At Brooklyn Navy Yard

“Not many grocery stores can claim cult followings, certainly not in Brooklyn, where the only options in some neighborhoods tend to be oversize bodegas carrying expired goods or overpriced green grocers full of kale, quinoa and craft beer.”
Read more here.

Gov. Andrew M. Cuomo Announces Launch of $2 Million MWBE Investment Fund

“Governor Andrew M. Cuomo today announced the launch of a $2 million MWBE Investment Fund to provide seed financing to certified minority- and women-owned business enterprises (MWBE). Rochester-based venture capital firm Excell Partners will manage the fund, targeting its investments to high-tech MWBE start-up companies with significant growth potential in New York State.”
Read more here.

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