Essentra closing Moorestown facility; up to 118 face layoffs
Essentra, a European maker of component parts including packaging and tapes, is shuttering its facility in Moorestown, according to a federal WARN notice filed with the state, potentially costing 118 workers their jobs.
Essentra is...
Roofing maker GAF acquires Canadian manufacturer
Roofing and waterproofing manufacturer GAF, based in Parsippany, has signed an agreement to acquire FT Synthetics, a British Columbia-based manufacturer of underlayment products.
"FT Synthetics and GAF share a deep commitment to the roofing industry,"...
Edison Partners leads $15M investment in MacroFab
Princeton-based investment firm Edison Partners has led a $15 million growth capital investment in an electronics manufacturing-as-a-service company, it announced Tuesday.
The investment in MacroFab, based in Houston, includes a strategic investment from Altium Ltd.,...
Cummings: On banking, leadership — and why he’s excited about future of manufacturing in...
Kevin Cummings is a highly regarded banker with a love of history and a great sense of humor. Expect all three to be on display when he gives a virtual keynote Friday morning at...
Jarchem Innovative Ingredients acquired by Indianapolis specialty materials manufacturer
Newark-based Jarchem Innovative Ingredients said Thursday that it was acquired by Vertellus, an Indianapolis manufacturer of specialty materials for various consumer goods, food, agriculture and health care markets.
Terms of the agreement were not disclosed.
Jarchem...
GDP figures show manufacturing in N.J. has made strong strides
Most of the huge plants are gone — but that doesn’t mean manufacturing in New Jersey is down and out. In fact, Gross Domestic Product figures from the past four years show the state...
Q&A: Manufacturers ask N.J. officials about workforce training programs, reopening state, incentives for making...
The New Jersey Manufacturing Extension Program worked hard to get 32 state officials to participate in its virtual state-of-the-state of manufacturing event Thursday — and it got them to take questions, too.
That was appreciated,...
A push for Murphy to sign GEARR bill, which would be big boost to...
A bill currently sits on Gov. Phil Murphy’s desk that would create a commission to help make state government more efficient and responsive to business, while bringing transparency to all New Jersey taxpayers.
It has...
NJMEP’s Kennedy disappointed manufacturing funding bill was vetoed — but remains optimistic about sector...
John Kennedy, the CEO of the New Jersey Manufacturing Extension Program, certainly was disappointed Monday when a bill that would ensure his organization would get an annual stipend of $1.5 million from the state...
Disinfectant wipe maker Anthem feels expertise is key to continued growth post-pandemic
Clifton-based Anthem, as a company that had already established itself as a leading disinfecting wipe manufacturer before the pandemic, had predictable growth last year: 500% of it.
Don't call it a spike, however. Because that...
