Tag Archives: business

EPL to expand in Danville, investing about $37 million and adding 24 jobs

EPL America Inc. in Danville is expanding its manufacturing facility, investing $37.4 million and adding 24 new jobs, Gov. Glenn Youngkin announced Friday. The company will upgrade its 200,000-square-foot facility and add new machinery. The additional equipment will allow EPL, formerly known as Essel Propack, to grow into the beauty and cosmetic markets and serve customers interested in replacing existing …

Read More »

Reading receives $500k investment from Shapiro Administration

Listen to this article Highlighting the Importance of strengthening Pennsylvania’s downtowns with proposed Main Street Matters program, the Shapiro Administration announced it is investing $500,000 in Reading.  The refurbished Trexler Mansion building, vacant for 40 years, will be used for Alvernia University’s CollegeTowne initiative, creating new meeting space for downtown job fairs. Department of Community and Economic Development (DCED) Secretary Rick …

Read More »

Fujifilm Diosynth to create 680 jobs, invest additional $1.2B in Holly Springs

HOLLY SPRINGS, N.C. — Fujifilm Diosynth Biotechnologies plans to add 680 high-paying jobs at its Holly Springs campus, executives said Thursday — part of a $1.2 billion expansion of what is expected to be one of the biggest biomanufacturing facilities of its kind in North America. The expansion — aided by more than $69 million in potential state and local …

Read More »

The Dow drops 300 points with investors jittery about inflation

Photo: Stefan Wermuth (Reuters) The Dow Jones Industrial Average and the other major U.S. stock market indexes got cold feet Tuesday ahead of inflation data due on Wednesday. It’s expected that the Consumer Price Index will show that inflation increased to an annual rate of 3.4%, up from 3.2% in February. That’s making investors jittery, as they’ve been hoping that …

Read More »

Georgia Tech Investment Activity Is at Just 0.55X the National Average | Plus

A combination of economic factors, evolving since 2020, has fundamentally reshaped numerous industries and redefined individuals’ relationships with work. Among the most notable outcomes of these transformations is the surge in entrepreneurial activity, including business sales. Historically low interest rates and high government stimulus provided entrepreneurs and investors with easy access to funding. Transitions to remote and hybrid work and the rise …

Read More »

Cambridge Associates looks to help investors tap into Asia’s growing potential for building wealth

Disclaimer: Discretionary portfolio management services, also known as Outsourced Chief Investment Officer (OCIO), are not available in Hong Kong and are only available in locations where Cambridge Associates is licensed to provide such services. Cambridge Associates, the US-headquartered global investment firm, has built its reputation by offering services that include discretionary and non-discretionary portfolio management, as well as alternative asset …

Read More »

Know your Benjamins! Kent Police issue warning about counterfeit money

The Kent Police Department (KPD) is warning businesses and residents to be vigilant against counterfeit currency after an East Hill business reported a customer attempting to use a fake $100 bill recently. According to KPD, officers responded to a 911 call from the business after an employee suspected a customer had tendered a counterfeit $100 bill. They refused to give …

Read More »

Rotary, THMS raise money for South Sudan well

Home » Rotary, THMS raise money for South Sudan well By Sherry Hamilton on April 3, 2024 The book “A Long Walk to Water” The Mathews Rotary Club is teaming up with Thomas Hunter Middle School students to raise money to drill a well in South Sudan and call attention to the need for clean water in many parts …

Read More »

Ex-Green Street employee alleges developer misled investors

ST. LOUIS — A former employee of a once-prolific city developer is alleging the company misled investors and then fired him after he blew the whistle on the deceit, according to a lawsuit recently filed. Steve Mabry was a director of asset management for St. Louis-based Green Street Real Estate Ventures, known for its apartments in The Grove and its redevelopment …

Read More »

Nvidia partner SK Hynix plans $4 billion investment in Indiana

Workers at a SK Hynix plant on August 25, 2015, in Icheon, South Korea. U.S. efforts to become a dominant force in the chipmaking industry could be propelled by a planned $4 billion advanced chip-packaging facility in Indiana. Is it too late to invest in Nvidia? | Smart Investing SK Hynix, a South Korean semiconductor company, reportedly plans to invest …

Read More »