Industry Trends Page 146

Boeing Buys Company Behind LightningStrike Experimental Plane

The aircraft manufacturer acquired Aurora Flight Sciences, a Virginia-based developer, and manufacturer of autonomous flight systems.

NASA, Manufacturers Benefiting From Private Space Sector

According to a report by a leading NASA analyst, private sector companies are saving NASA millions of dollars per launch.

$370M Awarded in Defense Production Contracts

With an equal focus on current and future military strategies, three high-level weapons and equipment production and maintenance contracts were recently announced.

How Defining Organic Could Redefine Food

While the market grows stronger, a battle over defining what is and what is not truly organic could be weakening the industry from within.

Turbine Maintenance Becoming Key Part of Energy Mix

With potential efficiency gains of over 25 percent and tax credits that help offset some of the costs, it’s not surprising that the wind repowering market is set to reach $25 billion by 2030.

Manufacturing Outlook Remains Positive

A number of statistics and projections indicate that the next 12-18 months will be good for U.S. manufacturing.

Electric Bikes Show the Way

According to Zero Motorcycles, their latest models feature significant advances in acceleration, charging times and speed.

GDP Hits 3-Year Best

These numbers help reinforce a collective of positive economic data relating to growth in both the U.S. economy and the industrial sector.

Steady Growth Triggers $81M in Plant Expansions

Both factories will be investing in new technologies to help capitalize on growing consumer trends.

$2B Chemical Plant Helps Houston Look Forward

LyondellBasell, one of the largest chemical processing companies in the world, recently stated that the future home of its’ $2 billion chemicals and plastics plant could be Houston.