Category: Manufacturing

February 2019 Manufacturing Report

In a report released today, the Federal Reserve announced a rise in industrial production in February 2019. Industrial production rose by 0.1 percent last month. However, manufacturing production fell by 0.4 percent – its second month of decline. February’s drop in manufacturing production, along with a disappointing jobs report, added to analysts’ concerns of an …

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Business News Flash – Johnston County, NC

February 5, 2019 Johnston County, NC Selma, NC New Manufacturing Facility Coming to Johnston County, NC A subsidiary of Canadian auto parts manufacturer Linamar Corporation is moving into an existing building in the Selma, NC Oak Tree Industrial Park. The company manufacturers powertrains and chassis. The company expects the new facility to cost $3 million …

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