News

The growth that U.S. manufacturing has recorded during 2012 has given many industry experts hope about further expansion within the sector, but there is still one concern that could affect business strategy for several companies.

The U.S. manufacturing industry is continuing to outpace the rest of the economy, especially in areas like Pennsylvania, a state where certain regions are benefiting from growth in the sector.

The Philadelphia Navy Yard is a historic site in the bustling Pennsylvania city, but it is also home to a U.S. Department of Energy-designated innovation Hub for the design and development of energy efficient buildings.

A team of Balfour Beatty companies was selected by Pennsylvania State University to provide integrated construction management services for a project at the newly renamed U.S. Department of Innovation effort at the Philadelphia Navy Yard.

The outsourcing of manufacturing operations began in the 1970s.

The quality and value associated with energy efficient buildings has driven the growth in the sector.

The U.S. Bureau of Labor Statistics (BLS) released a report on May 2 that highlighted how productivity in the manufacturing sector jumped 5.9 percent in the first quarter.

The Greater Philadelphia Innovation Cluster for Energy Efficient Buildings (GPIC), the U.S. Department of Energy-designated innovation HUB that is looking to transform the building-retrofit industry, has recently undergone a name change.

Though the past few decades have seen many American companies shift their operations overseas, due to cheap labor and relatively low fuel costs, this trend is beginning to shift back to the U.S.

A new service helps companies and individual consumers track wholesale electricity prices, helping both parties learn how power is generated and how it ends up providing their homes and offices with energy.