Category: Manufacturing

DuPont’s second-quarter sales were $8.6 billion, down 11 percent compared with last year. The company said the drop was due to negative impacts from currents, portfolio changes, volume and its local product and price mix. Second-quarter operating earnings were $1.18 per share, compared to $1.17 per share in the prior year.  GAAP1 earnings were $1.03…

July 2015 Manufacturing Business Outlook Survey Manufacturing activity in the region increased modestly in July, according to firms responding to this month’s Manufacturing Business Outlook Survey for the Federal Reserve Bank of Philadelphia  Indicators for general activity, new orders, and shipments remained positive, although they declined from their readings in June. Employment was essentially flat at…

On Monday,  U.S. Senator Chris Coons (D-Del.) hosted U.S. Export-Import Bank Chairman and President Fred Hochberg in Delaware to highlight the critical role the bank plays in supporting Delaware manufacturers exporting products to developing markets by filling gaps in private export financing. EXIM supported $317 million in exports from Delaware, and is set to expire…

Hedwin to bring 154 manufacturing jobs to Newark

By Christi Milligan Hedwin Division of Zacros America Inc., maker of industrial containers and liners, will relocate its Baltimore-based operations to Newark’s Pencader Corporate Center in a move that will generate 154 local jobs. The company was awarded a Strategic Fund Performance grant and a Capital Expenditure grant of $703,505 from the Delaware Economic Development…