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Why America Has a Shortage of Skilled Workers

A recent report called “The Skills Gap in U.S. Manufacturing 2015 and Beyond” projects that, “Over the next decade, nearly three and a half million manufacturing jobs will likely need to be filled, and the skills gap is expected to result in 2 million of those jobs going unfilled.” This skilled workforce shortage problem is not new. The urgency of the problem was described as far ...

How the Internet of Things is shaping modern business

Internet of Things (IoT): The convergence of connecting people, things, data and processes is transforming our life, business and everything in between. The technical definition of The Internet of Things (IoT) is the network of physical objects accessed through the internet. These objects contain embedded technology to interact with internal states or the external environment. In other words, ...

SpaceX will try to launch, land another Falcon 9 LIVE

Launch of a resupply mission to the ISS scheduled for 4:30 Eastern today. https://livestream.com/spacex Later today, the commercial launch company SpaceX will make another attempt at retrieving its Falcon 9 first stage following a launch. The company's one previous effort had resulted in a rather explosive off-balance landing that damaged the barge that was the intended touch-down ...

Ex-Im Bank approves financing for sale of American-made helicopters for use in Colombia’s offshore oil and gas industry

Washington – The Export-Import Bank of the United States (Ex-Im Bank) has approved a $22.4 million loan guarantee to finance the export of U.S.-made AgustaWestland AW139 helicopters to North Pole Investments in Panama for leasing and use in Colombia's offshore oil and gas industry. The lender is Apple Bank for Savings of New York, N.Y. According to Ex-Im Bank estimates derived from Departm...

Flying Cars Expected Within the Next Few Years

AeroMobil, a Slovakian company announced their plans to release its first flying car to the public by 2017. The Slovakian company is not alone in its efforts to start production on a flying car. MIT graduates started a company out of Massachusetts that has a different vision for the future of these flying cars. Terrafugia founded in 2006 by five MIT students, started developing their own ...

400,000 elementary schools in China to be provided with 3d printers

Simon Shen, the CEO of Kinpo Group, the parent company of XYZ printing announced that the Chinese Government has approved a new policy which states that the government will provide over 400,000 elementary schools in the nation with 3D Printers. Mr. Shen believes there is a high possibility of XYZ printing’s 3D Printers being a massive portion of the 3D Printers that the government plans to ...

A Reversed, Tilted Future For Pratt’s Geared Turbofan?

As designers of future airliners look increasingly beyond traditional tube-and-wing configurations to meet the high efficiency goals of the 2030s and beyond, new territory is being carved out in the critical area of airframe-engine integration. Unusual features ranging from recessed inlets to pylon-mounted upper-surface engines have become familiar sights in wind tunnels, but even seasoned ...

Aluminum Battery Charges in 1 Minute

Lithium-ion batteries have been a boon for the modern world -- they've replaced the heavier, single-use alkaline type in everything from wristwatches to jumbo jets. Unfortunately, these rechargeable cells are already struggling to keep up with our ever-increasing energy needs. But a new type of aluminum-ion battery developed at Stanford University is not only less explode-y than lithium, but ...

The West Coast Port Crisis and Harsh weather have left its Mark on the Economy – March 2015 New Job Growth is Down

The economy has continued showing signs of economic slowdown with just 126,000 jobs being added this month. This indicates that the labor market is being drawn down by the weak macro-economic performance this year. The labor force has diminished greatly as the unemployment rate continued to stand at an unsatisfactory 5.5 percent. The US job market had been showing the fastest sustained ...

USA Aerospace Manufacturing

The aerospace industry is shifting more manufacturing investment to the United States after a decade in which production jobs in the sector flowed to China and other emerging economies, according to a new study. Consultancy ICF International analyzed more than 2,000 investment transactions made since 2000, and found 28 manufacturing investments in the United States from 2012 to 2013, ...