Worcester Polytechnic Institute (WPI) is the lead institution on a $7.4 million, multi-university award from the U.S. Army that will support the development of new metallurgical methods and new lightweight alloys that will help the military build more effective and durable vehicles and systems. The technologies and processes developed as part of the research will also have applications in the aircraft, automotive, and electronics industries.
WPI will receive $2.1 million through the two-year award, which is the latest installment from a multi-year cooperative agreement with the Army… Read More
GREENVILLE, S.C., March 7, 2014 /PRNewswire/ — JPS Industries, Inc., a leading manufacturer of composite and urethane materials today announced financial and operating results for our first fiscal quarter ended February 1, 2014. First Quarter FY 2014 Highlights: Net Sales of $42.0 million, a 34% increase over year ago first quarter 2013 due to stronger performance in the aerospace, ballistic and electronics market segments of our Composite Materials division. Gross profit of $6.9 million, a 19% increase over year ago first quarter, yet with lower gross margin of 16.4% compared to 18.5% due to a greater mix of lower margin product sales… Press Release
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WASHINGTON, D.C. — The U.S. textile industry has seen a surge in foreign direct investment over the past 8 months. No less than 8 foreign companies have made public announcements over that period to invest more than $700 million in new U.S. textile facilities and equipment. These investments are projected to provide approximately 1,900 new jobs in North Carolina, South Carolina, Georgia, and Louisiana.
The United States has become an increasingly attractive option for textile manufacturers looking for competitive energy, transportation, and fiber costs. Beyond these basic economic factors, a key driver… Read More
The union representing corrections officers at Maine’s prisons is asking legislators to support the purchase of “stab vests” following recent violent assaults at the Maine State Prison in Warren and Long Creek Youth Development Center in South Portland. James Mackie, staff representative for the American Federation of State, County and Municipal Employees, Council 93, on Wednesday presented a letter to the chairmen of the Criminal Justice and Public Safety Committee asking them to support legislation providing vests to 600 corrections officers who have direct contact with inmates. The vests are designed to protect the wearer from stab wounds to the chest, back and sides… Read More