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When the project was announced nearly 10 years ago, the new-and-improved 77-kilometer waterway through the narrow Isthmus that connects North and South America was expected to reopen for business in time for the 100th anniversary of the Canal in 2014. But the daunting engineering challenge of building a third set of new locks—and a toxic combination of legal and labor issues—rendered that deadline unrealistic almost from the get-go.


When the project was announced nearly 10 years ago, the new-and-improved 77-kilometer waterway through the narrow Isthmus that connects North and South America was expected to reopen for business in time for the 100th anniversary of the Canal in 2014. But the daunting engineering challenge of building a third set of new locks—and a toxic combination of legal and labor issues—rendered that deadline unrealistic almost from the get-go.

http://businessfacilities.com/2016/01/home-stretch/

Home Stretch: The Panama Canal Expansion

U.S. – Mid Atlantic Articles

Home Stretch: The Panama Canal Expansion

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When the project was announced nearly 10 years ago, the new-and-improved 77-kilometer waterway through the narrow Isthmus that connects North and South America was expected to reopen for business in time for the 100th anniversary of the Canal in 2014. But the daunting engineering challenge of building a third set of new locks—and a toxic combination of legal and labor issues—rendered that deadline unrealistic almost from the get-go.


Crystal Ball 2016

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Step aside, Monmouth and Quinnipiac: BF’s got the odds-on favorites for next year’s headlines.


Polymorph of Plastics: Merging Corporate Molecules

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Dow and DuPont have apparently agreed that they would be in a stronger position as a merged company with powerful synergies to successfully navigate an eventual breakup into more specialized units. The tentative deal also may signify the next step in the evolution of the global plastics industry, a shift in focus to specialty and advanced engineered plastics from oil-based petrochemical mainstays like polyethylene. Both companies have realized the need to get bigger before they can get smaller.


State Focus – New Jersey: Garden of Opportunity

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The Garden State offers a “brain trust” with a highly skilled and educated workforce that makes it easy to recruit top talent.



McKesson Building New Distribution Center in Orange County, NY

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McKesson Corporation will open a new 340,000-square-foot distribution center and create 160 new jobs in Orange County, NY.


National Dishonor

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The VA appears to have mismanaged the health records of nearly a million veterans; about 900,000 veterans are still waiting to get on the VA’s backlog for health services; and—brace yourself—as many as 300,000 veterans may have died awaiting access to health services they were promised but never received.


New Jersey EDA Awards $47.4M To Tech, Biotech Companies

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The New Jersey Economic Development Authority (NJ EDA) has approved 41 companies to share a total of $47.4 million through the state’s Technology Business Tax Certificate Transfer (NOL) Program in FY 2016.


Warm Welcome Up North

Business Idea Competitions: A Proven Path To Success.

Organizations in Pittsburgh, Detroit, northern Michigan, St. Louis, Alaska, Wisconsin and Nevada, have embraced business idea competitions; rewarding dozens of new ventures with grants ranging from $5,000 to $50,000. The 43North competition, said to be the largest such prize pool in the nation, offers $5 million in prize money to entrepreneurs who agree to move to (or retain their start-ups in) the city.


The Tree Pods are Coming

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Geoengineering will be a growth sector in the age of climate change. The latest global warming “miracle cure” for the big CO2 problem is a new technology said to be able to extract carbon from the air and condense it into fibers that could be used as building materials or to produce components for electronics, cars, clothing and other manufactured goods.