Taylor Corp., one of the U.S.'s largest privately held companies, has completed its acquisition of the assets of Standard Register. The combined company has more than 12,000 employees working in more than 80 companies with operations in 32 states and nine countries.
Asia Pulp and Paper (APP) has joined the National Restaurant Association, the world’s largest food-service trade association by membership—supporting nearly 500,000 restaurant businesses.
Eastman Kodak said it is ending production of Sonora printing plates at its Leeds, U.K. plant by next year and will look for a new site to meet demand in the Americas.
Additionally, Kodak said it's selecting another site for printing plate production to serve customers in the Americas.
Meanwhile, Kodak has invested in upgrading its high-speed Sonora plate manufacturing in its Osterode, Germany, plant. The Osterode plant started shipping Sonora plates in November, and Kodak said volume is increasing every month.
The company also said it upgraded its Xiamen, China, plant to produce the plates.
Last week, the Associated Press reported that the red-white-and-blue mittens being sold by the U.S. Olympic Committee (USOC) to raise funds for winter athletes were manufactured in China. The words "Made in China" are clearly imprinted on the inside tag of the 100 percent acrylic mittens.
InnerWorkings, a leading global marketing supply chain company, announced a contract extension with InterContinental Hotels Group (IHG), one of the world's largest hotel companies.
The Obama administration announced the creation of a National Additive Manufacturing Innovation Institute in Youngstown, Ohio, devoted to promoting 3-D printing technology.
"This institute will help make sure that the manufacturing jobs of tomorrow take root not in places like China or India, but right here in the United States of America," Obama said in a statement. "That's how we'll put more people back to work and build an economy that lasts."
The institute will be financed by $30 million in federal funding, matched by $40 million from a private industry consortium. It is designed to serve Ohio, Pennsylvania and West Virginia.