AstraZeneca PLC is eliminating 1,800 research and development jobs as part of a restructuring process. The pharmaceutical company said about 550 jobs will be eliminated at its U.S. headquarters in Delaware, where it psychiatric research laboratory will be closed. AstraZeneca will also be closing research sites in Sweden and the United Kingdom, the Associated Press reports. [...]
Continue reading...Saturday, August 15, 2009
Deutsche Bank will build a technology development center in Cary, North Carolina, creating 319 jobs. The Cary Town Council will pay $75,000 in cash to DB Global Technology, a newly formed subsidiary of Germany’s Deutsche Bank. The state is giving the bank a Job Development Investment Grant worth $9.4 million over 11 years. The jobs will pay [...]
Continue reading...Sunday, June 28, 2009
General Electric will build a research center in Van Buren Township, Michigan, creating over 1,100 jobs. The Advanced Manufacturing & Software Technology Center will employ engineers and scientists in Michigan who were laid off by the auto industry. GE will invest $100 million in the site, and receive $60 million in state incentives. The General Electric Company, or [...]
Continue reading...Wednesday, May 27, 2009
A new Alabama law allows the state to offer the same kinds of incentives to green tech and R&D firms, as it does to manufacturers. The state is attempting to lure employers who could create 7,000 jobs. Some new jobs should arrive in about a year. The legislation, signed by Republican Governor Bob Riley, which was sponsored [...]
Continue reading...Wednesday, May 13, 2009
The Alabama Development Office supports a bill that could bring 7,000 white-collar jobs to the state. If the Alabama State Senate passes the bill, it would extend existing economic incentives for manufacturing to corporate headquarters, research & development facilities and green employers. It would also increase the base wage requirement to $15 per hour, or the average [...]
Continue reading...Sunday, May 10, 2009
University Multispectral Laboratories, a research facility owned by the Oklahoma State University and operated by Triton Scientific, may receive a tax incentive to create new jobs. The Ponca City facility currently employs 46 people. State legislators have introduced a bill designed to facilitate the creation of new jobs as the lab spins off new private companies [...]
Continue reading...Friday, May 1, 2009
Zürich, Switzerland’s ABB will cut 50 jobs at their facility in Wickliffe, Ohio. The engineering and research & development jobs will be cut by the end of 2010. The Lake County factory currently employs 550 people. It manufactures control and automation products. ABB, formerly Asea Brown Boveri, is a multinational corporation headquartered in Zürich, Switzerland, operating mainly in [...]
Continue reading...Thursday, April 30, 2009
St. Louis, Missouri’s Leinco Technologies is picking up and moving operations to Palm Beach Gardens, Florida, where it will build a life sciences research & development and manufacturing facility. The manufacturer of life sciences products will add 35 jobs in Florida over the next three years, under a deal to get loans from the town of [...]
Continue reading...Wednesday, April 29, 2009
Mars Petcare US will build a research & development facility and update its existing operation in Kansas City, Missouri, creating 157 new full-time jobs by 2010. Tennessee’s Mars Petcare currently employs 150 at the facility. The Missouri Department of Economic Development has provided the firm with $971,660 in Enhanced Enterprise Zone tax credits, $458,206 in New Jobs [...]
Continue reading...Monday, April 27, 2009
Canon Virginia will officially open its $625 million expansion in Newport News, Virginia this Friday. The new 700,000-square-foot manufacturing center is the state’s largest economic development project in 20 years. The facility will double Canon’s capacity in manufacturing cartridges for laser printers. It also features a research & development center. Canon’s expansions in Virginia will create a total [...]
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Tuesday, March 2, 2010
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