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3M And Tesla Make Good Partners

3M and Tesla Make Good Partners

Tesla Motors creates some of the world’s most sought after vehicles. These are premium electric vehicles that have become very popular among car enthusiasts. They do not operate with a lot of moving parts. Instead, these cars basically run by a bank of batteries. 3M is a national company known for producing items such as…

Manufacturers Are Optimistic About 2014

Manufacturers Are Optimistic About 2014

The leading buying association for midsized manufacturers, Prime Advantage, conducted an annual survey of its member companies’ CFOs. Overall, expectations are up compared to last year. Prime Advantage found that 46% of the CFOs feel more optimistic about the US economy outlook for 2014 than they did the year prior. While, only 14% said that…

A Record Year For Auto Sales

A Record Year for Auto Sales

Last year was a record year for the auto industry, which seems to have finally bounced back from bailouts and recession woes. Americans were out in full force buying new cars and trucks, a far cry from the near hopeless automotive sector of 2008. The most popular vehicle of the year proved to be Ford’s…

3M To Increase R&D Spending

3M to Increase R&D Spending

It is no mistake that 3M is one of the most successful American-born companies. Formerly known as the Minnesota Mining and Manufacturing Company, 3M now employs 88,000 people worldwide with about $30 billion in annual sales. The manufacturing giant makes more than 55,000 products such as adhesives, laminates, medical supplies, car accessories & cleaning supplies,…

An Exciting New Venture For General Electric

An Exciting New Venture for General Electric

$3.38 Billion is a huge bet, but General Electric is willing to take the gamble on Lufkin Industries, an oilfield services provider. Oil and gas is GE’s fastest growing business contributing about ten percent of its total revenue. To expand further into the energy industry, GE purchased Lufkin to develop a more competitive edge by…