Industry Trends Page 155

Pharma Company Will Shutter Plant, Cut 875 Jobs

Market Watch has reported that Endo International, a generics and specialty branded pharmaceutical company with U.S. headquarters in Malvern, PA, will close its Huntsville, AL manufacturing plant, as a result of declining volumes of commoditized products.

Q2 Financials Illustrate Ups and Downs of U.S. Manufacturing

Second quarter financial reporting from a number of significant manufacturing companies offers insight on areas of growth, investment, and challenges.

Gas Prices Trending Historically Low for the Summer

If this forecast holds, it would be the second-lowest summer average for gasoline prices since 2005.

Hydrogen Finds a Home on the Battlefield

The U.S. Army's Tank Automotive Research, Development and Engineering Center (TARDEC) is putting an electric hydrogen fuel cell version of the Chevy Colorado through the paces. A one-off ZH2 is in the midst of a year-long evaluation as the Army looks to a stealthier vehicle for cross-country combat and surveillance operations.

Smaller Satellites = Big Manufacturing Opportunity

The Smallsat market is projected to grow by more than 300 percent over the next decade. This could translate into tens of billions of dollars for manufacturers and suppliers.

Plant Expansions Show Manufacturing’s Diversified Growth

A recent slate of plant expansions in the U.S. supports the continued expansion of the economy, bringing new jobs and economic activity to states in the South, New England, and the Mid-West.

Microsoft to Close Manufacturing Facility

News recently broke regarding thousands of layoffs at Microsoft.

U.S. Oil Refineries Running at Record-Highs

Gross inputs to U.S. petroleum refineries recently reached a record high of 17.7 million barrels per day. Oil imports, inventories and exports are also at higher levels than the five-year average.

Welcome to Your Industrial Daily

As part of our commitment to being industry's leading resource for product sourcing and supplier selection, we welcome you to Your Industrial Daily – your source for industry news and trends, product announcements and the latest innovations.

Abandoned Pepsi Factory Gets a Second Life

After a decade of obsolescence, the company wants to turn the former bottling plant into one of Colorado's largest indoor marijuana growing facilities.