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Manufacturing

Report Philadelphia newspapers to merge

The Philadelphia Business Journal said Friday that an Inquirer reporter tweeted the news of the merger between his paper and the Daily News after an announcement by his publisher. Inquirer/Daily News Publisher Terry Egger says the company will merge the newsrooms and there will be layoffs. — Bob Fernandez (@bobfernandez1) October 30, 2015 A later ...

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Honeywell boosts yearly dividend 15 percent

The Morris Plains-based conglomerate said in a news release that its board of directors approved an increase in cash payment to $2.38 per common share annually, from $2.07. The fourth-quarter dividend payment will thus be 59.5 cents per share. “Even in a slow-growth global economic environment, Honeywell remains committed to growing our dividend faster than ...

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New Jersey Manufacturing Day 2015 slideshow

In partnership with the New Jersey Manufacturing Extension Program, the 2015 Manufacturing Day event included networking opportunities, exhibit areas, keynote speakers, panel discussions and an awards ceremony. More than 400 industry professionals attended, with a common goal of expanding and improving the public’s knowledge of the state’s manufacturing industry and its contributions to the U.S. ...

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Honeywell bolsters chemicals business with $119M deal

The Morris Township-based conglomerate is paying 105 million euro for global science and technology company Sigma-Aldrich’s Seelze, Germany-based laboratory research chemicals business. That business creates and manufacturers high-purity chemicals used in drug discovery, diagnostic testing and other laboratory procedures. This unit will be integrated into Honeywell’s Fine Chemicals division, part of its Performance Materials and ...

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Fencing maker hiring 250 at new Egg Harbor City facility

“We are very excited to be opening this large facility in Egg Harbor City and hiring 150 individuals from the area. In addition, we anticipate hiring 100 more people in early 2016 when our manufacturing ramps up for the beginning of our busy spring selling season,” said Laura Johnson, human resources manager for Barrette Outdoor ...

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Rock materials distributor expands in Bridgewater

SR International Rock is taking 14,640 square feet at the 31,622-square-foot industrial building located at 7E Easy St., the real estate services firm said Monday in a news release. “My client needed to expand its operations into a larger facility to accommodate its rapidly growing business,” Bussel’s Jordan Metz said in a prepared statement. “The ...

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Keeping their cool Industry insiders say Bayonne Bridge delays won’t slow growth of refrigerated warehouses

Von Dohlen, the president of Port Newark Refrigerated Warehouse in Newark, is all in. In fact, he’s building out to take advantage of the booming business that’s already here. “I don’t think you’d delay your own (construction) because there will still be plenty of freight around to keep people happy,” von Dohlen said. “I’m spending ...

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Honeywell tops earnings estimates despite decline in sales

The Morris Township-based conglomerate said earnings per share came in at $1.57, up 10 percent from the year-earlier quarter. Wall Street had anticipated earnings of $1.55 per share, according to Yahoo! Finance. However, sales were $9.6 billion, down from $10.1 billion a year earlier. “Honeywell delivered another strong quarter of earnings growth and exceptional margin ...

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Cherry Hill vending and coffee company moving to Woodbury

NJ.com, which is a sister company of the South Jersey Times newspaper, reported that Refreshments Plus bought the 309 S. Broad St. building for an undisclosed amount, more than doubling its space from 12,000 square feet to 25,000. “We’re very excited,” the website quoted owner Steve Warech as saying. “We’ll have more space and some ...

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