MetroWest Chamber luncheon to spotlight manufacturing

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MetroWest Daily News | September 29, 2012

Professor Barry Bluestone, founding director of the Dukakis Center for Urban and Regional Policy and founding dean of the School of Public Policy & Urban Affairs at Northeastern University, will be the keynote speaker at the MetroWest Chamber of Commerce Exec-Connect Luncheon on Thursday, Oct. 18. He will report on the state of manufacturing in Massachusetts and highlight the findings of the recently published “Staying Power II: A Report Card on Manufacturing in Massachusetts” produced by Northeastern’s Dukakis Center, and discuss key findings from the study which show that manufacturing remains the sixth largest industry employer in the state. He will also lead a discussion on how to best position the MetroWest region to accommodate the growth in this industry Those who would like to attend the noontime event at the Sheraton Framingham can register at www.metrowest.org. The cost, including buffet lunch, is $25 for pre-registered guests, $30 on the day of the event. For more information, contact Phyllis at 508-879-5600.

Link to original article on Metro Daily West

Illinois company in final stages of bidding to make high-speed rail cars for Amtrak

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By Alejandra Cancino | Chicago Tribune | September 28, 2012

A rail manufacturer based in Illinois is in the final rounds of bidding to build 130 high-speed passenger rail cars for use on Amtrak routes in Illinois, Michigan, Missouri and California.

The order would total $352.3 million.

The bid was submitted by Sumitomo Corp. of America and Nippon Sharyo U.S.A., which opened a $35 million passenger rail car plant in Rochelle in July.

The Rochelle plant is also making 160 “Highliner” rail cars for Metra Electric line customers in the Chicago area, as well as 12 diesel cars for California’s Sonoma-Marin Area Rail Transit, 18 cars for Metrolinx in Toronto and eight bilevel passenger cars for the Virginia Railway Express in Alexandria, Va. Read More

Worst job losses in years – State official downplays preliminary August report

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By Frank Quaratiello | The Boston Herald | September 21, 2012 The loss of 4,800 jobs in August marks the first time Massachusetts has shed jobs since November and the worst drop since July 2009, when 10,800 jobs were lost. But the Patrick administration is taking a wait-and-see approach, hoping that future revisions of yesterday’s preliminary report […]

Mass. jobless rate rises slightly; Sluggishness across sectors

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By Bob Salsberg, The Associated Press | The Worcester Telegram | September 21, 2012 The Massachusetts unemployment rate edged up two-tenths of a point in August while preliminary figures showed the state losing about 4,800 jobs during the month, the office of Labor and Workforce Development said Thursday. The jobless rate stood at 6.3 percent in August, […]

Mass. foreclosures drop 17% from 2011

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By Jenifer B. McKim | The Boston Globe | September 18, 2012 Fewer foreclosures were started and completed in July as the Massachusetts housing market and overall economy continued to slowly improve, according to data released Monday. The number of foreclosure petitions — the first step in the seizure process — dropped to 1,198 in July, nearly […]

A Look at Vocational Education

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By John Castelluccio | Peabody Patch | September 17, 2012 Lt. Gov. Tim Murray paid a visit to Peabody last Thursday to tour the vocational programs at Peabody Veterans Memorial High School. As chairman of the governor’s STEM Advisory Council (Science, Technology, Engineering & Math), Murray pledged to visit every vocational and technical high school in the state. He said Thursday […]

Bay State foreclosures fall to their lowest level so far in 2012

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By Thomas Grillo | Boston Business Journal | September 17, 2012 The number of Massachusetts homes facing foreclosure dropped by double digits in July, the lowest monthly level recorded so far this year, according to market tracker The Warren Group. A total of 1,198 foreclosures were initiated in Massachusetts last month, down from 1,441 petitions in July 2011, […]

Barry Bluestone presents “Staying Power II: A Report Card on Manufacturing in Massachusetts 2012”

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Manufacturing Has a Healthy Future in Massachusetts as sector Stabilizes and Sees Growth

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MFR Tech | September 16, 2012 “Manufacturing is alive and well in Massachusetts, and has a healthy future,” Professor Barry Bluestone of Northeastern University told more than 200 industry and policy leaders, including Gov. Deval Patrick and Lt. Gov. Timothy Murray, as he unveiled a new report, Staying Power II: A Report Card on Manufacturing in Massachusetts. […]

Economic challenges take center stage at Open Classroom

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By Matt Collette | news @ Northeastern | September 14, 2012 Pres­i­dent Obama and Repub­lican chal­lenger Mitt Romney are rarely in the same place, either phys­i­cally or polit­i­cally. But on Wednesday, eco­nomic experts who have advised both men shared the stage to dis­cuss the fal­tering global economy and the role of fed­eral policy in addressing the crisis. “At […]

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