Add 1 robot on the manufacturing line, watch 5 jobs go poof

Courtesy of Jacksonville Business Journal American manufacturing jobs have been in decline for decades, with automation long identified as the key driver of those job losses. Now, a new working paper from economists Daron Acemoglu of the Massachusetts Institute of Technology and Pascual Restrepo of Boston University suggests the negative economic effect of this automation … Continue reading Add 1 robot on the manufacturing line, watch 5 jobs go poof

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Project Velocity seeks $2.2M to expand manufacturing

Courtesy of http://www.jaxdailyrecord.com By Karen Brune Mathis, Managing Editor A Jacksonville building-products manufacturer proposes to add 20 jobs, retain 150 and invest $54 million into its North Jacksonville plant. Known as “Project Velocity,” it seeks a $2.211 million Recapture Enhanced Value grant from the city to make the deal work. It says it is looking at … Continue reading Project Velocity seeks $2.2M to expand manufacturing