Carpenter stories smaller 3Q loss, says it's poised for progress

Carpenter stories smaller 3Q loss, says it's poised for progress

PHILADELPHIA — Carpenter Know-how Corp., a maker of specialty steel alloys with a lot of its operations in Berks County, on Thursday reported fiscal third-quarter losses that have been smaller than anticipated, and the corporate mentioned that with surging orders, it is poised for continued long-term progress. Carpenter, headquartered in Philadelphia since its transfer from…

Gov. Wolf awards $2.3M in grants by way of Manufacturing PA initiative in direction of scholar analysis

Gov. Wolf awards $2.3M in grants by way of Manufacturing PA initiative in direction of scholar analysis

HARRISBURG, Pa. | Governor Tom Wolf introduced $2.3 million in grants have been awarded by way of the Manufacturing PA initiative to 36 scholar analysis tasks that may assist advance innovation in a number of sectors of producing, from 3D printing, to waste sustainability, to autonomous navigation and extra. “Pennsylvania’s manufacturing trade has seen continued…

Allentown Toy Manufacturing constructing may turn out to be reasonably priced housing

Allentown Toy Manufacturing constructing may turn out to be reasonably priced housing

ALLENTOWN, Pa. – Allentown Metropolis Council authorised a plan to amass funding to rehabilitate and reuse the previous Allentown Toy Manufacturing Co. constructing Wednesday night time. The Metropolis of Allentown is searching for $1.5 million to be used by the Allentown Redevelopment Authority to reuse the property situated at 725 N. tenth St. It plans…

LVEDC says 2021 was report yr for industrial, manufacturing progress

LVEDC says 2021 was report yr for industrial, manufacturing progress

2021 was a historic yr for industrial progress within the Lehigh Valley. That is in accordance with the Lehigh Valley Financial Growth Company’s new Annual Report, which got here out final week. “Opposite to what lots of people would think about, 2021 was a report yr for industrial and manufacturing progress,” stated Don Cunningham, the President…

Cavco selects Pa. to broaden manufacturing operations, will create 55 new jobs

Cavco selects Pa. to broaden manufacturing operations, will create 55 new jobs

HARRISBURG, Pa, | Governor Tom Wolf introduced on Monday that Cavco Industries Inc., one of many nation’s largest manufactured residence builders, has chosen to broaden its nationwide manufacturing operations in Pennsylvania. This shift could be creating 55 new jobs and retaining 607 whole present positions over the subsequent three years, officers say. Cavco lately bought…

Australian manufacturing firm relocating to Higher Macungie Twp., bringing 130 jobs to the realm

Australian manufacturing firm relocating to Higher Macungie Twp., bringing 130 jobs to the realm

UPPER MACUNGIE TWP., Pa. – Governor Tom Wolf has introduced that an Australian manufacturing firm is relocating to the Lehigh Valley and can carry dozens of latest jobs to the realm.  The Governor says the relocation of Simple Indicators, Inc. will create 130 jobs within the Lehigh Valley with the opening of its first U.S. manufacturing operation…