Industry News

Target of organic clothing, its owners say, servicing a growing segment of mainstream customers interested in fashion made in America out of sustainable materials. Initial plans call for five stores in the next two years, with two locations-- in Seattle and San Diego-- already scheduled to open by September 2017. Other targeted cities include Portland, Atlanta, Austin, Boulder and New York."/>
Tucson's Fed by Threads plans to go national [The Arizona Daily Star, Tucson]
Lockheed Martin- led industry team launched the 13th Littoral Combat Ship into the Menominee River at the Fincantieri Marinette Marine shipyard on Sept. 17.. Ship sponsor, Kate Lehrer, christened LCS 13, the future USS Wichita, in Navy tradition by breaking a champagne bottle across the ship's bow just prior to the launch. "It is an honor and privilege to serve as the sponsor of the future USS Wichita and to be a part of this major milestone in..."/>
Lockheed Martin-Led Team Launches Future USS Wichita
Terex Cranes workers laid off when that plant closed in July. "It means the former workers are eligible to apply for benefits under the federal Trade Adjustment Assistance program, including skills assessment, training and other benefits," Grassley spokesperson Jill Gerber said."/>
Federal help for Waverly Terex workers approved [Waterloo-Cedar Falls Courier, Iowa]
SolarCity's fate now lies squarely in the hands of Tesla Motors and its shareholders. A 45- day window in which SolarCity could consider other offers beyond Tesla's $2.3 billion merger bid closed on Wednesday night, and no other investor or company put a proposal on the table. After all, 15 potential buyers or investors looked at SolarCity earlier this summer, while the solar energy company was hammering out the terms of Tesla's merger offer and trying to see if anyone else..."/>
Musk's vision at stake in Tesla shareholders' vote on SolarCity merger [The Buffalo News, N.Y.]
Nordson Corp. on Friday announced it plans to combine its screw and barrel operations in Boardman, New Castle, Pa., and Pulaski, Va., into a "single expanded manufacturing center of excellence" at the facility. The Tamarkin building was previously a Giant Eagle retail support center for frozen foods at 375 Victoria Road."/>
Nordson to centralize business at former Tamarkin facility [Vindicator, Youngstown, Ohio]
SolarCity's fate now lies squarely in the hands of Tesla Motors and its shareholders. A 45- day window in which SolarCity could consider other offers beyond Tesla's $2.3 billion merger bid closed on Wednesday night, and no other investor or company put a proposal on the table. After all, 15 potential buyers or investors looked at SolarCity earlier this summer, while the solar energy company was hammering out the terms of Tesla's merger offer and trying to see if anyone else..."/>
Musk's vision is at stake in shareholder vote on merger [The Buffalo News, N.Y.]
General Dynamics company and to the regional economy. One big number helps tells that story, showing that Maine's economy depends more heavily on ship and boat building employment than any other in the country."/>
Bath Iron Works' pain will be felt all over Maine [Bangor Daily News, Maine]
MIA adds Caribbean flights, foods [Sun Sentinel]
General Dynamics subsidiary will lay off 60 employees in Colorado Springs on Oct. 16 after it lost a contract to provide support to the Defense Intelligence Agency's Enterprise Service Desk. General Dynamics Information Technology notified the Colorado Department of Labor and Employment last month that it will shut down the operation at 8610 Explorer Drive, Suite 215, but that the new contractor may offer jobs to "some of the affected employees" and it also has..."/>
General Dynamics subsidiary shutters 60-person office in Colorado Springs [The Gazette (Colorado Springs, Colo.)]
Yes Bank has completely exited its exposure to United Breweries, by selling shares worth Rs.152 crore pledged with it by liquor baron, Vijay Mallya. The bank sold around 18.54 lakh shares for Rs.819.50 per share to Dutch co-promoter Heineken International in a block trade on Friday. Share of United Breweries rallied as much as 8.69% touching a high of Rs.892.50 during early trade and closed at Rs.828 per share."/>
Yes Bank sells shares in Vijay Mallya's United Breweries, Kingfisher Airlines [Mint, New Delhi]

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