Obama Announces First Manufacturing Hub

The president discusses a new North Carolina "manufacturing hub" that he hopes will spread innovation nationwide.

Jan 20, 2014

The president discusses a new North Carolina "manufacturing hub" that he hopes will spread innovation nationwide.

Latest in Home
Unleashing Enterprise AI Value in Finance
Sponsored
Unleashing Enterprise AI Value in Finance
August 12, 2026
Ribbon-cutting ceremony at Fuchs Lubricants' Americas Technology Center, Taunton, Mass.
Fuchs Lubricants Opens New R&D Hub
August 21, 2026
The Axen AX4™ is a practical four-gas monitor designed by Industrial Scientific to help organizations protect workers with dependable gas detection that is easy to deploy, use and maintain.
Industrial Scientific Introduces 4-Gas Monitor for Everyday Industrial Work
August 20, 2026
Ribbon-cutting ceremony at Grainger's distribution center in Gresham, Ore., Aug. 19, 2026.
Grainger Opens Oregon Distribution Hub
August 20, 2026
More
Automate Your Supply Chain With Embedded EDI
Sponsored
Automate Your Supply Chain With Embedded EDI
Learn how to link all of your supply chain data for maximum efficiency. Download our free guide now!
August 1, 2026
Ribbon-cutting ceremony at Fuchs Lubricants' Americas Technology Center, Taunton, Mass.
Company Expansion & Consolidation
Fuchs Lubricants Opens New R&D Hub
The “Americas Technology Center” will house research and technical support operations.
August 21, 2026
The Axen AX4™ is a practical four-gas monitor designed by Industrial Scientific to help organizations protect workers with dependable gas detection that is easy to deploy, use and maintain.
New Products
Industrial Scientific Introduces 4-Gas Monitor for Everyday Industrial Work
Simple operation, fast charging and short lead-times help keep monitors in service.
August 20, 2026
Ribbon-cutting ceremony at Grainger's distribution center in Gresham, Ore., Aug. 19, 2026.
Company Expansion & Consolidation
Grainger Opens Oregon Distribution Hub
The suburban Portland facility is one of two new distribution centers planned this year.
August 20, 2026
Raleigh, N.C.
Mergers & Acquisitions
EECO Acquires Virginia Counterpart
The deal will expand the North Carolina distributor’s automation and industrial offerings.
August 20, 2026
I Stock 93222489
Mergers & Acquisitions
Investment Firm Acquires Stake in Texas Valve Distributor
The nearly $40 million deal included debt and a “direct minority equity investment.”
August 19, 2026
I Stock 1341238032
Staffing Changes
Midland Industries Names New CEO
The company appointed the president of a Staples subsidiary as its next top executive.
August 19, 2026
I Stock 862400942
Mergers & Acquisitions
MCE Adds Pump Distributor
MJ Systems serves the Gulf Coast oil & gas market from locations near Houston and New Orleans.
August 18, 2026
I Stock 681861968
Mergers & Acquisitions
Parker Hannifin Completes $9B Filtration Group Deal
The company said the move creates “a powerhouse offering of complementary filtration technologies.”
August 18, 2026
Bosch Rexroth Logo3
Company Expansion & Consolidation
Bosch Rexroth Adds Logistics Hub at Pennsylvania Hydraulics Plant
The company said that the expansion reflects its confidence in the North American market.
August 18, 2026
Highline Warren distribution center, Vacaville, Calif.
Operations
Expanding a ‘Built-in Advantage’
Highline Warren, having “already done the hard part,” is broadening its market reach.
August 18, 2026
I Stock 1136768089
Mergers & Acquisitions
Xylem to Acquire Pump Suppliers in Nearly $1.5B Deal
The company said the deal would bolster its position in both the industrial and municipal markets.
August 17, 2026
I Stock 1402226144
Company Expansion & Consolidation
Stanley Black & Decker to Invest $1B in Its U.S. Operations
The initiative would spend hundreds of millions on both domestic manufacturing and R&D.
August 14, 2026
I Stock 1255400522
Earnings
Applied Industrial Technologies Reports Record Sales, Earnings
The company said “growth tailwinds and operational momentum” have continued into its new fiscal year.
August 13, 2026
White Cap Edc Pa 3 f Yc L Mr Netc
Mergers & Acquisitions
White Cap to Acquire Texas Distributor
The Austin company serves contractors throughout Central Texas.
August 12, 2026