By retraining its workers in lean manufacturing processes, workers at Lakewood’s Gar Products factory now are able to completely assemble a chair in two minutes.
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The U.S. Department of Commerce has awarded more than $500,000 to the New Jersey Manufacturing Extension Partnership, which assists small and midsized manufacturers, and the New Jersey Marine Sciences Consortium, which conducts coastal environment research, Democratic U.S. Sens. Frank R. Lautenberg and Robert Menendez announced Tuesday.
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While the Garden State’s manufacturing sector may be shrinking, some companies are getting second chances. In spite of the challenges currently facing the industry, entrepreneurs and investors are buying up struggling manufacturers and turning around the companies with the aim of making a significant return on investment.
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Bob Loderstedt, president of the New Jersey Manufacturing Extension Program, Inc., says Gov. Jon S. Corzine''s proposal to not fund the non-profit organization in fiscal 2009 is "extremely short sighted."
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FOR MOST OF ITS 55-year history, Jezek Tool & Machine Co. LLC operated its manufacturing business in a traditional manner—producing as much product as possible in a single job run so the company could cover its inventory, setup and other costs.
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The New Jersey Commission on Science and Technology has awarded more than $3 million to several of the agency's programs. The state money was allocated last year for fiscal 2008 that runs from July 1, 2007, to June 30, 2008.
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TRENTON – Assemblyman Upendra Chivukula (D-17) praised the efforts of Senators Lautenberg and Menendez to provide $1.5 million to aid the New Jersey Manufacturing Extension Partnership Program (NJMEP) from the U.S. Department of Commerce.
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Senator Menendez, Lautenberg announce $1.5 million for program crucial to New Jersey's manufacturing industry competitiveness program promotes job creation through support of centers that provide manufacturers with services that focus on growth, productivity and efficiency.
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With the price of oil topping $100 a barrel last week, the bottom line of companies in New Jersey and elsewhere is increasingly being squeezed. And there’s no magic bullet, say experts.
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