The National Institute of Standards and Technology (NIST) Hollings Manufacturing Extension Partnership (MEP) has awarded a grant of $1.5 million over 3 years to the Delaware Valley Industrial Resources Center and the New Jersey Manufacturing Extension Partnership to encourage expanded manufacturing of energy-efficient building technologies.
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Anadigics has more than 500 employees in Warren, making semiconductors the company ships from New Jersey to Asia to be popped into cell phones churned out by consumer electronics giants like Samsung and LG.
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Ranger Industries Inc. in Tinton Falls is amping up its productivity and trying to prove a New Jersey manufacturer can survive.
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With the governor's election approaching, Shore business owners are renewing their call to make it easier to do business in New Jersey.
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Eatontown — An all-expenses-paid move and a five-year tax exemption. That's the latest deal Eli Liebermann says he was offered to relocate his manufacturing plant to New Mexico. A tempting offer, to be sure, but Liebermann, president of Innovative Power Solutions, which makes generators and transformers for the aerospace industry, turned it down, just like he's turned down a list of other states that have aggressively courted his company in recent years.
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If the idea of becoming an exporter scares you, you are not alone. Stories of deals gone bad, piracy and logistical nightmares abound. On the other hand as stated in a recent report by the accounting firm RSM McGladrey, “Going global is not without risk, but competing in the United States against increasingly global competition is no picnic either”. Coupled with the effects of the declining dollar, this vast, new market is just too large to ignore.
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Lynore DeSantis, vice president of operations at NJMEP, said the American Small Manufacturers Coalition concluded additional time would increase participation in the survey. New Jersey is targeting a response of at least 5 percent from the state’s nearly 11,000 manufacturing firms; so far, about 300 firms have responded, she said. MEP coaches manufacturers on how to cut waste, operate efficiently and invest in new products.
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Whenever he goes to a trade conference, John Baker gets a reality check on the task facing New Jersey manufacturers.
Baker, president of Hackensack-based metal-parts maker General A&E, is used to the state’s high cost of doing business, red tape and daunting environmental rules. He is struck by the sympathy he gets from his counterparts around the country, especially states where the business climate is warmer.
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A nonprofit organization that works to boost the efficiency of New Jersey manufacturers is branching into a new arena — succession planning.
The New Jersey Manufacturing Extension Program has just formed an alliance with the consulting firm Decision Associates to work with factory owners looking to retire and sell their businesses, said Bob Loderstedt, president of Morris Plains-based NJMEP.
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