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MANUFACTURING

More than 50 million square feet of new warehouse, distribution and logistics building were under construction in the D-FW area at the end of 2021, according to a new report from Cushman & Wakefield.
BrightDrop said Wednesday that Walmart has signed an agreement to reserve 5,000 EV600 trucks — which resemble brown UPS trucks — and EV410, a mid-size electric delivery van.
Getting a new manufacturing plant in Eyota has been a long, multi-pronged project that should pay benefits down the road.
“Manufacturing is coming back for sure,” says Jason Tolliver, a managing director who helps oversee logistics and industrial services in the Americas for real-estate firm Cushman & Wakefield PLC. The conversations he’s having with corporate leaders, he says, indicate this wave of investment along the border is just beginning. “It is structural and it’s long term.”

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Existing 3M shareholders will own 50.1 % of the combined company once the transaction closes in the second half of 2022. The company will receive $1 billion in cash and $4.3 billion in equity.
GM said Monday it has acquired a 25% ownership stake by investing $150 million into Pure Watercraft, which now values Pure Watercraft at $600 million, said GM spokesman Mark Lubin.
The Legislature exempt it from more rigorous environmental review. That less stringent environmental assessment worksheet has been the subject of criticism.
Jimmy’s Salad Dressing & Dips, which was born in Stewartville’s popular Fish House restaurant, recently more than doubled its production capacity by moving into a new facility. The more than 31-year-old company is preparing to grow as the Slightam family hands off the leadership to its third generation.
Thanks to COVID — the "gift" that keeps on giving — you may have to brave your Great Aunt Violet's hideous holiday gifts this year with nogless eggs and "nulled" cider. Then again, maybe not. Some local retailers say all consumers need is a little patience.
The second rejected deal offered substantial improvements over one that workers turned down before going on strike, and included larger wage increases, no new tiers to retirement benefits and a signing bonus of $8,500.

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The 0.7% decrease for manufacturers followed a revised 0.4% decline in August, Federal Reserve data showed Monday. Total industrial production, which also includes mining and utility output, fell 1.3% last month.
Equipment manufacturers are faced with a painful choice this harvest season: Send parts to factories to build new tractors and combines to sell to farmers or redirect those parts into the field to repair broken equipment for existing customers?
Watson Recycling, based on 12 acres at 81st Street on Rochester's northern border, has broken into a new market by inventing a one-of-a-kind machine to recycle architectural glass. Architectural glass or laminated glass has layers of plastic sandwiched between panes of glass.

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