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INDUSTRY FOCUS: Soaring To New Heights

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The Aerospace/Defense industry reported its third consecutive year of record revenue and profit last year. Although growth is expected to slow, commercial aerospace companies continue to be optimistic about the future, industry experts say. 12 percent of Tech’s engineering majors enter the aerospace/defense industry.

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Business Report: Illinois Leaders Form Non-Profit to Spur Job Creation

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“We have among the best assets in the world, including unparalleled access to global markets with our five international airports, seven Class I railroads, the third largest interstate highway system in the country, the third largest intermodal port in the world, and more. IL FILM INDUSTRY IS SURGING.

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State Focus – Kansas: The Sunflower State Is Blooming and Booming

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Thanks to these advantages, the state has experienced significant growth in numerous industries and emerged as a leader in sectors such as advanced manufacturing, alternative energy, bioscience, distribution and food processing. Bioscience is yet another emerging industry in Kansas. A further goal of 20 percent by 2020 has been set.

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Business Report: Businesses Are Finding It’s Better In The Bluegrass State

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The half-ton 2015 F-150 has been stealing the spotlight lately for its revolutionary aluminum body and new powertrains, but its big brother Super Duty remains a critical component of Ford’s overall truck strategy. The auto industry is huge here. In 2013, Kentucky announced 281 new projects in which companies are investing $3.3

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A Blueprint For Success In Rural Colorado

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Launched in 2015, Blueprint 2.0 OEDIT is committed to building rural economies through a variety of innovative programs and initiatives,” Copeland said. “We Like many locations in Colorado, the Grand Valley offers a juxtaposition of modern, industrial sites, historic downtown renovation projects and wide open land.

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Food Processing: Generating Growth for Good Eats

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The recent mega-mergers of major food companies like Kraft with Heinz and AB InBev with SABMiller are a sign consolidation of established companies but also an opportunity for new entrants to the market and cost-reduction throughout the industry. Not all of these acquisitions have worked out. ConAgra bought Ralcorp in 2012 for $6.8

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Industry Focus: Logistics – Going With The Flow

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logistics and transportation industry totaled $1.33 Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) Hours of Service (HOS) rule that went into effect on July 1, 2013 could create a reduction in industry productivity, projecting the need for another 100,000 drivers without an increase in shipping volume.