M&M Industries receives funding for spur in Lordstown By Terry Troy Despite the dour predictions that came after the closure of General Motor’s iconic Lordstown plant in 2019, manufacturing in the Mahoning Valley is definitely not “kicking the bucket.” In addition to the good news coming out of Lordstown Motors with its announcement of receiving […]
Sterilization products manufacturer to buy rival By Terry Troy Obviously, there are some manufacturing sectors that are doing better than others during the pandemic. Witness the wave of healthcare acquisitions that should continue well into 2021. On Tuesday, STERIS Corporation, an American Irish-domiciled medical equipment manufacturer operationally headquartered in Mentor, OH, signed a letter of […]
Automotive manufacturers roll out innovations By Terry Troy Despite the economic slowdown caused by the COVID-19 pandemic, Ohio’s automotive and automotive component manufacturers continue to innovate, solidifying our state’s position as a leading vehicle manufacturer in the U.S. Last month, FCA’s Toledo Assembly Complex launched production of the 2021 Jeep® Wrangler 4xe plug in hybrid. […]
Two companies in northeast Ohio expand operations By Terry Troy Stakes Manufacturing and Digital Room Inc., two print-on-demand companies, have both announced plans to expand manufacturing operations in Northeast Ohio. Stakes Manufacturing of Eastlake company has said it will create 400 jobs to meet the needs of the rapidly expanding e-commerce industry. Digital Room Inc., […]
Mahoning Valley EV maker gets support for hub motor and battery line By Terry Troy The good news out of the Lordstown Motors in the Mahoning Valley continues to grow. The company took a giant leap forward with its plans to produce the world’s first, full-size, all electric pickup truck, receiving support for the company’s […]
Ohio-based TransDigm acquires Cobham Aero Connectivity By Terry Troy TransDigm Group, a publicly traded aerospace manufacturer headquartered in Cleveland, has agreed to acquire Cobham Aero Connectivity for approximately $965 million in cash plus tax benefits. TransDigm also provided an update on previously announced plans to divest a select number of defense-oriented manufacturing units that were […]
REDI Cincinnati addresses advanced manufacturing needs By Terry Troy The Advanced Manufacturing Industry Partnership (AMIP) and TechSolve are two organizations that are redefining manufacturing in Southwest Ohio. REDI Cincinnati Talent Director, Adam Jones, recently sat down with the two partners to talk about how the organizations are preparing a pipeline of both technology and talent […]
B&G Foods Pays $550 Million for Smucker’s Crisco Business By Terry Troy Jelly goes better with peanut butter than shortening. One of Ohio’s largest food manufacturers, the J.M. Smucker Co., of Orville, is selling its Crisco® oils and shortening business to B&G Foods of New Jersey for $550 million, it was announced earlier this week. […]
Manufacturing Leadership Awards Gala spotlights the best in the nation By Terry Troy The 2020 Manufacturing Leadership Awards Gala recognized some of the most innovative manufacturers in the country, at a virtual event last week hosted by the National Association of Manufacturer’s Manufacturing Leadership Council. The awards were presented to individuals and companies honoring world […]
Cleveland-Cliffs Becomes largest flat-rolled steel manufacturer in North America By Terry Troy Cleveland-Cliffs Inc. is acquiring ArcelorMittal USA and its subsidiaries for approximately $1.4 billion, making Cleveland-Cliffs the largest flat-rolled steel manufacturer in North America, with combined shipments of approximately 17 million net tons in 2019. The company will also be the largest iron ore […]
