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Collaboration: The Driving Force Behind Industry Growth

The manufacturing industry is evolving rapidly and it shows no sign of reverting back to steam power anytime soon. Manufacturers have to be ready for the major shifts to the industry that are taking place over the next few years. New business models that are focused on collaboration and the ability to innovate are crucial in order to continue doing business in the 21st century. There is ...

Innovation, Collaboration and Advanced Manufacturing: The Birth of the Innovation District

Manufacturing conjures up thoughts of smokestacks and smelters but Fremont, California is reinventing what it means to live in a factory town. Tesla, electric car giant, may be joining a new era in U.S. manufacturing. By locating large companies next to small entrepreneurs, and research firms Fremont, Calif. and the Sheffield area in the U.K. are embracing the innovation district. This new kind ...

Elon Musk Explains Space X’s Rocket Explosion

BROKEN STRUT RESPONSIBLE FOR SPACEX’S SAD ROCKET EXPLOSION THREE WEEKS AGO, on its seventh scheduled launch to resupply the International Space Station, SpaceX’s Falcon 9 rocket  inexplicably burst into flames less than three minutes into its flight. Today, Elon Musk finally announced what led to the explosion—sort of. Emphasizing that their findings were only an “initial ...

GROUNDBREAKING: First Drone Delivery In the US

The first US government-approved delivery by drone has successfully transported 4.5kg of medical supplies to a remote health clinic. The drone was made by Australian drone manufacturer Flirtey. The demonstration which the FAA approved in partnership with NASA took place on Friday, July 17. The drone made three, three-minute flights from Lonesome Pine Airport, Virginia, to the clinic at the ...

Manufacturing HiTech Sensors & Preventative Oil Spills

A pipeline in Alberta, Canada has spilled more than 1,300,000 gallons or emulsion, which is a mix of bitumen, produced water, and sand, south of Fort McMurry. Fort McMurray is a hub for Canada’s tar sands mining and refining industry. The leak was discovered on July 15th and is the largest spill of emulsion in the province in 25 years. The recent spill leaked 31,000 barrels, Canada’s worst ...

Lockheed Martin to buy Sikorsky Aircraft for $9 billion

Lockheed Martin just became an even larger aerospace powerhouse.  Lockheed Martin, the Pentagon's largest arms supplier, reported a better-than-expected 4.5 percent rise in quarterly profit and said it could spin off or sell its government IT and technical services businesses. The company also said on Monday it would buy Black Hawk helicopter maker Sikorsky Aircraft from United Technologies ...

Tesla Future: Cheaper/ Cleaner Power for the People

Tesla Motors announced earlier this year that the company would start selling Tesla brand stationary storage batteries. Battery storage for homes has been around for a while, but was never cost-efficient enough for the kind of attention Tesla is giving to it. Tesla Motors has found success in the luxury electric vehicle market but it still seems strange for a luxury brand to go out of its way to ...

The IoT: Reshaping the Supply Chain

The Internet of Things has been a hot topic for a while now but how it will affect the manufacturing process and the supply chain was not fully understood. Now as more businesses and supply chain professionals starting to use the IoT and the benefits are beginning to come into focus. The Internet has radically changed how people communicate. The IoT comes out of this interconnectivity and now not ...

Iran Nuclear Deal Impacting U.S. Economy

An  agreement with Iran has been reached about their nuclear program and this opens up the way for an influx of new oil into the global market. This is opening up new competition for energy giants. It will take a year before Iran can increase production which will delay the drop in oil prices. “It’s not just a matter of turning on the taps again,” said Andrew Slaughter, executive ...

A New Generation: A New Workforce – Millenials

The American labor force is changing quickly as more than one-third of the workforce is made up of Millennials. This first quarter of 2015 Millennials surpassed generation X as the largest generation in the U.S. labor force according to Pew Research Center. This is also the first generation to have more educated females than males, who graduate college. This is a major milestone and one that ...