Report: Reshoring leads to net gain of 10K manufacturing jobs
The U.S. saw a net migration of at least 10,000 manufacturing jobs back to the country this past year, according to the Reshoring Initiative. The group’s annual data report for 2014 said more than 60,000 manufacturing positions either returned to the U.S. from overseas or stemmed from foreign direct investment. Estimates showed between 30,000 and 50,000 American jobs were transferred overseas last year.
New technologies could further boost ceramic industry
A recent report by Big Market Research stated that the growth of the ceramics industry is affected by the availability of raw materials and high costs of energy needed in the production of ceramics. Since energy costs account for a large share of operating costs, this could hinder the competitiveness of ceramics producers without access to cheap fuels.
Market for permanent magnets to reach $15B by 2018
Permanent magnets are a vital part of modern life. According to a recently published report from iRAP Inc., “Permanent magnets: Types, applications, new developments, industry structure and global markets,” the global market for permanent magnets has reached US$11.3 billion in 2013, and is expected to grow to US$ 15 billion by 2018 with a CAGR of 5.7%.
NASA invests in hundreds of US small businesses to enable future missions
NASA has selected research and technology proposals from 254 small businesses and 39 research institutions in the United States for grants to develop new technologies that will further NASA’s journey to Mars. The proposals are solicited, vetted and managed through NASA’s SBIR and SBTT. Proposals that lead to the successful development of ideas and products could result in contracts with a combined approximate value of $47.7 million.
Corning CEO: ‘Multiple businesses are driving the company’s growth’
Speaking at the company’s annual meeting of shareholders, Wendell P. Weeks, Corning Inc.’s chairman, chief executive officer, and president, said, “Corning is financially healthy, our businesses are growing, and we are capturing exciting new opportunities to apply our unique expertise to solve tough technology challenges.” Looking ahead, he conveyed his confidence in Corning’s future and noted that “multiple businesses are driving the company’s growth.”
NASA announces new director of Ames Research Center
NASA Administrator Charles Bolden recently announced the selection of Eugene L. Tu as the next director of the agency’s Ames Research Center in Moffett Field, Calif. Tu most recently served as the director of Exploration Technology at Ames, where he led four technology research and development divisions, including two of NASA’s critical infrastructure assets.
Pakistan mulls over establishing ceramics plant in Belarus
Pakistan is considering the possibility of establishing an enterprise producing ceramics in Belarus, Minister for Mines and Minerals of the Pakistani Province of Punjab Sher Ali Khan says. In addition, Sher Ali Khan stressed that the Pakistani side is interested in the multidimensional cooperation with the Ministry of Natural Resources and Environment of Belarus. Safe technologies in agriculture and climate control issues are of interest.