EMCOR’s (EME) Q1 Earnings & Revenues Top Estimates, Stock Up

April 28, 2023

EMCOR Group, Inc. EME reported impressive first-quarter 2022 results wherein earnings and revenues surpassed the Zacks Consensus Estimate and increased year over year. Strong demand for its services across several resilient non-residential market sectors and strength in the U.S. segments drove organic revenue growth by 10.1%. Following the results, shares of the company jumped 8.6% […]

Read the full article →

Chinese military evolution tests US reshoring and ally-shoring in its Taiwan strategy

April 28, 2023

The US defense industry is attempting to regear itself in preparation for potential large-scale military conflicts, waking up from a post-Cold War investment hiatus during which counterinsurgency missions topped the Pentagon’s agenda. Simmering tension in the Taiwan Strait and evolution in defense technology is also testing Washington’s ability to bolster supply chain resilience while reinforcing […]

Read the full article →

Build API facilities in Central and Eastern Europe to fix drug

April 28, 2023

An EU study claims that building more API facilities in Central and Eastern Europe could help solve drug shortages and weaknesses in the supply chain. The literature review suggests the Czech Republic, Poland, and Hungary as sites for new production locations in Europe given that their staff costs are lower than in Western Europe, but […]

Read the full article →

Bennett: Support economic development program in CSHB 5

April 28, 2023

State Rep. Todd Hunter’s Texas Jobs & Security Act (CSHB 5) will keep Texas competitive and bolster our state’s economic security by helping to reestablish our global manufacturing dominance, reshore our supply chain and ensure electric grid reliability. The limited, temporary property tax discounts included in the new economic development program that CSHB 5 creates […]

Read the full article →

“Our vision is to find technology solution ideas for the biggest problems the world is facing right now” – Q&A with John O’Connell and Josephine Lynch of CW Applied Technology

April 28, 2023

CW Applied Technology offers design, manufacturing and fulfilment services, and is one of the eight companies participating in Bord na Móna’s Accelerate Green programme. What inspired you to start your company? In setting up CW Applied Technology, we envisioned the company as an open innovation platform developed on the basis of technology established around four […]

Read the full article →

U.S. Crawls Toward Rebuilding Frail PCB Industry

April 27, 2023

—Part of this EE Times series: A Vulnerable U.S. Electronics Supply Chain. Other articles in the series include: Experts: U.S. Military Chip Supply Is Dangerously Low and Reshoring Chip Industry Risks Failure With Just More Fabs. Recent efforts by the U.S. government to rebuild the nation’s nearly extinct printed circuit board (PCB) industry are tentative […]

Read the full article →

Productivity Impact on Profits Highlights AI Benefits

April 27, 2023

One of the primary benefits ascribed to artificial intelligence (AI) is enhanced workplace productivity. It’s one of the reasons why AI investing ebullience is so palpable this year. There’s no denying that highly productive firms are profitable companies — a notion that bolsters the case for AI-focused exchange traded funds such as the ARK Autonomous […]

Read the full article →

NPA: FDA CBD Study Disingenuous at Best, Harmful at Worst

April 27, 2023

Washington, D.C.—The Office of Food Additive Safety, Center for Food Safety and Applied Nutrition (CFSAN) has published its review the oral toxicity of cannabidiol (CBD). The authors of the review stated: “The toxicological profile of CBD raises safety concerns, especially for long term consumption by the general population.” The Natural Products Association (NPA) weighed in […]

Read the full article →

Critics warn US Inflation Reduction Act could keep prices high: FT

April 27, 2023

LONDON — Economists and investors warn that the US Inflation Reduction Act (IRA) could trigger another bout of inflation, the Financial Times (FT) has reported. The IRA includes 369 billion US dollars in subsidies to spur domestic clean energy manufacturing and deployment. The Chips and Science Act, passed around the same time, offers more than […]

Read the full article →

With No Need to Reshore, North Carolina Sensor Manufacturer

April 26, 2023

This article was sponsored by Smith Systems, Inc., a company that designs and optimizes sensor devices in the United States for diverse industries. Relying on international supply chains has become an increasingly risky business practice. From the pandemic to the Russia–Ukraine conflict, companies are still finding it challenging to source materials and components abroad. This […]

Read the full article →