Jul 14, 2017 - Thomas & Betts Corp. is asking for a $3.1 million local tax break for the company's pending move to 860 Ridge Lake Blvd.
The tax break would come in the form of a 15-year payment-in-lieu-of-taxes (PILOT), if the Economic Development Growth Engine (EDGE) for Memphis and Shelby County approves the application at its July 19 meeting.
The company will invest about $21 million, retain 523 jobs and create 75 new Shelby County jobs as part of the move, according to an analysis of Thomas & Betts' application…
Jun 09, 2017 - At first glance Kirkwood and Centralia have little in common besides being Missouri towns. One is a small rural town in central Missouri with a strong manufacturing base, whereas the other is a sought-after bedroom community in the heart of the metro St. Louis region. However, these communities, along with three dozen more, have joined together in pursuing a generational opportunity to be powered by clean, affordable wind power. But to bring these energy savings to our customers, Missouri’s energy…
Aug 10, 2018 - General Electric is working with Credit Suisse bankers in preparation for a $1.5 billion sale of its power-conversion unit, Bloomberg reported Friday.
Dec 17, 2018 - Names on the move ahead of the open.
Apr 19, 2018 - Swiss engineering giant is seeing strong growth momentum in developing markets ranging from Asia to Africa, the president and chief executive of Swiss engineering giant ABB told CNBC on Thursday.
Jun 23, 2017 - A buyout, a microgrid, and a utility betting big on solar highlight the week for the industry.
Sep 15, 2017 - Alabama's big week on the economic development front continues, as a North American transit bus manufacturer said it is expanding operations in eastern Alabama.
New Flyer has launched a $25 million project to upgrade its production campus in Anniston.
The company is adding fabrication equipment to increase the plant's capacity and improve operations.
The project will also include a Vehicle Innovation Center made up of a manufacturing lab, exhibit space and training areas. It will be developed…
Aug 24, 2017 - Moderating its price expectations, General Electric (NYSE:GE) has resumed negotiations to sell its industrial solutions business to ABB (NYSE:ABB), which offers circuit breakers, panel boards and othe
Jul 15, 2017 - How the industrial giant can turn its stock performance around in 2017.
Apr 25, 2017 - ABB has sealed a collaboration agreement with IBM, combining its digital offering, which gathers information from machinery, with Big Blue's expertise in AI (featured in its Watson data analytics soft