MIAMI, FL—U.S. manufacturers are targeting an aggressive 1.5 percent reduction in cost of goods sold for 2013 in an effort to drive margin growth, according to a new study from The Hackett Group Inc.
DAYTON, TN—Goodman Manufacturing, a manufacturer of air conditioning and heating equipment, will invest $2 million to expand its assembly plant here, with plans to create 200 jobs.
WASHINGTON—Seven of the top 10 highest-paid college degrees are in engineering, according to a report from the National Association of Colleges and Employers.
PHILADELPHIA—Naval Sea Systems Command has completed a fleetwide fastener study, identifying and recommending the removal of thousands of fasteners from the Navy supply system. The review identified 108,000 dormant fasteners—fasteners with no contract, requisition or maintenance history in the past five years—and 3,200 duplicate fasteners where two or more identical fasteners had different stock numbers.
BRANDON, SD—Marmen Inc. has purchased a 150,000-square-foot building here for a wind tower assembly plant. The facility is expected to employ 200 people.
ANN ARBOR, MI—Humantech Inc. has added a new course, Managing an Ergonomics Process, to its seminar series in 2013. This one-day workshop will be held in Ann Arbor, MI, on April 25 and Sept. 19.