WHITSETT, SC—Lenovo, the world’s second largest seller of PCs, officially opened a new assembly plant here today. The facility is adding 115 manufacturing jobs and is on track to be in full production by the end of June.
Initiating movement of a standard bicycle can sometimes be challenging, such as when peddling up steep hills. Initiating movement of an electric bicycle, on the other hand, has always been much easier. The rider either pedal-assists the motor or activates it with a throttle.
FORT WORTH, TX—Google has caught the “Made in America” bug. Motorola Mobility, the handset maker acquired by Google, says its next phone, called Moto X, will be made at an assembly plant here.
Multinationals are using overseas subsidiaries to avoid paying billions in federal taxes. Is that a problem? How would you fix it? Should the federal government provide a tax break for repatriated corporate earnings?
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.
MASON, OH—Electronics assembler EPIC Technologies has relocated its operations from a 56,000-square-foot facility in Lebanon, OH, to a 74,000-square-foot assembly plant here. The company is also celebrating its 25th anniversary.