Manufacturing

On Friday, an Illinois pharmaceutical manufacturer was ordered to stop making and selling adulterated drugs. The company was also ordered to destroy all drugs in the factory not deemed medically necessary. Morton Grove Pharmaceuticals manufactures prescription and over-the-counter drugs, including cough syrup and nasal spray. The company is a subsidiary of Wockhardt, an Indian company. …

Federal Injunction Forces Pharmaceutical Manufacturer to Close Doors Read More »

Hitachi Energy’s new production facility in India will manufacture solutions that support stable electrical networks and reduce energy consumption. August 23, 2022 Uma Gupta Hitachi Energy has opened a new and larger facility of power quality products manufacturing in the Indian state of Karnataka. The new facility is located at Doddaballapur in Bengaluru. It doubles …

Hitachi Energy ramps up manufacturing of ‘power quality’ products – pv magazine India Read More »

SANTA CLARA, Calif.–(BUSINESS WIRE)–Intel Corporation today announced a first-of-its-kind Semiconductor Co-Investment Program (SCIP) that introduces a new funding model to the capital-intensive semiconductor industry. As part of its program, Intel has signed a definitive agreement with the infrastructure affiliate of Brookfield Asset Management, one of the largest global alternative asset managers, which will provide Intel …

Intel Advances Smart Capital, Introduces First-of-its-Kind Semiconductor Co-Investment Program for Manufacturing Build-Outs Read More »

CHICAGO–(BUSINESS WIRE)–Pritzker Private Capital (“PPC”), a leader in family direct investing, today announced the promotion of Kaitlyn Desai to Principal – Manufactured Products. PPC’s Manufactured Products team aims to deploy significant capital investing in growth-oriented packaging, food, specialty industrial, personal care and contract manufacturing businesses. Based in Chicago, Ms. Desai joined the firm as a …

Pritzker Private Capital Promotes Kaitlyn Desai to Principal for Its Manufactured Products Team Read More »

sorbetto / iStock / Getty Images Plus Many of you know my husband and I own a small welding fabrication business in eastern Iowa. Onboarding Gen Z interns is a popular topic these days, and with a new school year quickly approaching, it’s the perfect time to go over some best practices to ensure that …

Hiring and nurturing interns pays off in manufacturing Read More »

Prior 49.3 Services PMI 48.2 vs 49.0 expected Prior 49.7 Composite PMI 47.6 vs 47.4 expected Prior 48.1 There’s a bit of a constrast to the report as the manufacturing print was better than estimated but the services print was more disappointing. But when put together, it still points to a further contraction in the …

Germany August flash manufacturing PMI 49.8 vs 48.2 expected Read More »