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News
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Posted:01/24/2010
January 08, 2010 7:17 PM
REYNOSA — Mexico’s maquiladoras added thousands of jobs and boosted production in late summer 2009 after a nearly two-year free fall that left thousands unemployed and shuttered dozens of factories, according to statistics from the Mexican government.
Few said that the statistics released in December by Mexico’s Instituto Nacional de Estadistica y Geografia (INEGI) alone signal recovery, but coupled with the surprising recent acceleration in U.S. manufacturing, the gains in Mexico are bolstering confidence the world’s economy might be on the mend. Analyst said that over the past year, factories were able to sell off inventory after shutting down. Now, with production levels more in line with demand, industry observers said it’s likely Mexico’s factories have reached the bottom.
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Posted:01/24/2010
AUSTIN – The University of Texas System today announced awards totaling $394,000 to commercialize technologies developed at eight UT System institutions.
Among the discoveries is a wireless device produced by researchers at UT San Antonio that monitors breathing, which could be used for SIDS, epilepsy and sleep apnea patients. Another discovery, made by researchers at the UT Health Science Center at Houston, could lead to the development of a test using salivary biomarkers for the early detection of breast cancer. A complete list of the awards may be found online.
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Posted:01/24/2010And God said, "Let there be light: and there was light," according to the Book of Genesis, although He might have added, "especially in South Texas."The Lower Rio Grande Valley is sunshine-rich, a major factor behind Brad Bartilson’s decision to relocate to Brownsville from New Jersey. Bartilson is not working on his tan. He’s president and CEO of Photon8, a start-up company researching economically feasible methods for turning algae into biodiesel as an alternative to fossil fuel. For algae to produce the oily "lipids" required for biodiesel, it’s got to be bombarded by sunlight — lots of it. "From a photonic standpoint, New Jersey had 30 percent less photons per square meter falling than here," Bartilson says.
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Posted:01/24/2010
Bel Fuse will acquire Cinch Connectors from Safran, a French industrial group, for $37.5 million in cash plus approximately $1.5 million for the assumption of certain expenses. The transaction will be funded with cash on hand. Headquartered in Lombard, Illinois and with manufacturing facilities in Vinita, Oklahoma, Reynosa, Mexico and Worksop, England, Cinch had revenue for 2009 of approximately $60 million.
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Posted:12/20/2009
Could California be finished, and could the future belong to Texas? To its readers’ surprise, the American weekly news magazine Newsweek recently expressed precisely this viewpoint. Not only would data related to the Golden State’s social and economic crisis seem to confirm it, but so would stories of economic development arriving from the Lone Star State
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