Volkswagen officially opened its Chattanooga, Tenn. plant yesterday, which means the creation of 1,200 jobs for the new Passat. The German automaker is aiming to become the largest automaker in the world, which means taking on GM and Toyota head-on. Certainly, company executives are hoping this new plant will help increase sales among U.
Here's the amazing story behind jet engine designer and manufacturer Pratt & Whitney's 20-year effort to create one engineering position for one employee hire. Meet that employee. If you’re having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
How many people are really and truly unemployed in the United States today? There is no accurate answer to that question. Though the economy has shown fairly strong signs of life, unemployment is still a problem. Furthermore, the U.S. must retrain long-term unemployed Americans or risk a creating a "lost generation" of workers.
We're all aware that Asia is experiencing a great deal of growth, but what might not be so well-known is just how many people are leaving America to get in on the ground level of the surging growth. Could we be losing out on great minds and potential businesses? If you’re having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
Mike Rowe, host of Dirty Jobs , has headed to Washington to help mount a PR campaign in support of work. As he explains in the video, America has become obsessed with white-collar work, leading to massive gaps in the skilled labor workforce. If you’re having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
Florenzo Omenetto demonstrates how silk is involved in transmitting light, improving sustainability, adding strength, and making medical leaps and bounds. If you’re having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
According to some student researchers at Ohio University, urine could be used as a source of energy, thanks to the high levels of hydrogen that is present in the organic compound urea. That hydrogen is pumped to a fuel cell, which can be used to power a variety of gadgets and machines. Sound too good to be true? The math, unbelievably, supports the usefulness of this technology.
Richard Branson, well-known for his wide-ranging business ventures, is now at the forefront of the private space industry. MSNBC asks, Will the end of the shuttle era mean more competitiveness in the space race? Branson certainly thinks so, saying that NASA’s minimizing will allow private companies to do the same work for a fraction of the cost.
A recent survey shows that sales of vinyl records is growing at 13.6 percent, just beating out digital sales, at 13 percent, which means that a whole industry is in the process of being reborn. CNN Money visited Brooklyn-based EKS Manufacturing to see what the industry uptick has meant for business.
Todd Lipscomb is the founder of www.madeinusaforever.com , an online retailer that specializes in a variety of goods that are only made domestically. The store deals mostly in products made by a wide range of small, family businesses, and interest has been picking up quickly. Lipscomb was an executive with Western Digital for years, living in Asia, when he realized the need to provide U.
This last weekend's graduates at UC Berkeley were witness to a unique event at their commencement thanks to Austin Whitney and a robotic exoskeleton. Whitney was paralyzed in a 2007 car accident, but was determined to walk across the stage and recieve his diploma. Enter Berkeley engineering professor Homayoon Kazerooni, who designed a bespoke exoskeleton for Whitney.
This one is for you baseball fans out there. Like many other manufacturing niches, work for making baseball gloves was sent overseas in order to reduce costs. In contrast to the normal outsourcing swing, and in spite of the economic downturn, Insignia Athletics, of Worcester, Mass., has recently started high-end baseball gloves using American leather.
Rhode Island-based Advanced Chemical Company recycles gold and other precious metals from industrial production through a variety of sophisticated reactions. Based on the almost continuously-rising price of gold, business is booming. If you’re having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
General Motors was once the highlight of the American industrial complex, but it's been a bumpy road over the last 50 or so years. Between bad management and partial ownership by the U.S. government at the UAW, the company has lost is once-blinding luster. Fortune 's Alex Taylor III helps explain some of the ups and downs of America's largest automaker, how their current CEO is performing, and what the company will look like in 2020.
Marcin Jakubowsi is a Polish-born “technologist” who moved to Missouri to start a farm of his own, and ended up creating a whole new approach to living off the land — for cheap. He found that buying traditional farming equipment was prohibitively expensive for anyone but the biggest of farms, so he designed and build his own equipment.