Cambodia’s Labour Minister Ith Sam Heng has announced the new minimum wage of US$ 128 per month, after the ministry’s 28-member Labour Advisory Committee (LAC)—made up of government, union and factory ...
Tags: new minimum wage, Apparel
The Boston Beer Company reported third quarter 2014 net revenue of $269.7m, an increase of $53.3m or 25% over the same period last year, mainly due to core shipment growth of 23%. Net income for the third quarter was $37.9 million, or ...
Manufacturing is an integral part of a nation's fiscal stability and prosperity. Nurturing and growing the manufacturing infrastructure is a critical goal for building and maintaining an economically competitive edge, reducing unemployment, ...
Tags: Robots, Industrial Equipment
For fiscal first-quarter 2015 (ended 27 July 2014), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported its eighth consecutive quarter of sequential revenue growth, to a record $327.6m, ...
The National Board of Revenue (NBR) has decided to run a check on the tax payment of foreign workers in the garment factories in Bangladesh. The board has asked its field officers to prepare a list of workers who are illegally working in ...
Tags: NBR, Foreigners, Apparel
Medtech engineering can be a six-figure job, especially if you’re managing people. But is the compensation really that great? Engineering managers in the medical equipment and supplies business earn an average $133,000 a year; ...
Two medical device sales representatives have admitted to defrauding New Jersey hospitals and medical facilities out of more than $800,000, U.S. Attorney Paul J. Fishman announced this week. The two former Integra LifeSciences Corp. ...
South Louisiana Methanol LP (SLM) announced that it has received the required air permit from the LDEQ and the State of Louisiana to construct and operate the SLM methanol facility in St. James Parish, Louisiana. “This represents a ...
Unifi, Inc. announces the expansion of its Recycling Center, which opened in Yadkinville, N.C., May 2010. The expansion comes as Unifi dials up its commitment to Premium Value Added products, like REPREVE, which continue to be a strategic ...
Tags: Recycling Capacity, Unifi
Residents in Tangshan are very familiar with the concept of oversupply. A severe glut in the steel industry has put many jobs at risk in the northeastern Chinese city that counts the metal as one of its primary exports. But the oversupply ...
Tags: Housing Market, Crashing Down
South African platinum miner Implats said Friday gross refined platinum output in the January-March quarter fell 40% to 205,000 oz, hit by ongoing strike action. The company's "good start to the financial year was severely impacted in the ...
Tags: Platinum, platinum miner
Lenzing Group reports first quarter results for 2014. The first quarter of 2014 for the Lenzing Group was characterized by the steady erosion of selling prices for man-made cellulose fibers against the backdrop of the ongoing strong volume ...
For first quarter 2014, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $90.8m, up 24% on $73.2m last quarter and 47% on $61.8m a year ago. Growth was driven mainly by ...
Tags: Veeco, LED backlighting
The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday lowered by 15.2 cents, or 14.01%, to an eight-week low of 93.34 cents/gal, a review of US Department of Agriculture and Platts data ...
Tags: Ethanol, dry-mill ethanol
The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday fell 20.06 cents, or 15.6%, to a six-week low of $1.0854/gal, a review of US Department of Agriculture and Platts data showed. As ...
Tags: Ethanol, dry-mill ethanol plant