Orders for big-ticket factory goods rose a modest 0.4% in January

Orders to U.S. factories for big-ticket manufactured goods edged up slightly in January, but the strength came from a big increase in the volatile aircraft category.
Economy

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Hickey Freeman to Add Jobs at Rochester, N.Y., Factory

Hickey Freeman is staffing up in Rochester, N.Y.
New York Gov. Andrew M. Cuomo said Wednesday that Luxury Men’s Apparel Group, the parent of Hickey Freeman, has committed to creating up to 80 jobs over the next three years at its factory in the upstate city. LMAG has also said it would retain the current 420 positions in the factory. 
“Hickey Freeman has been a fixture of Rochester’s business and manufacturing community for generations, and this investment will ensure it remains part of the city’s economic fabric for decades to come,” Cuomo said. “We are proud to support the expansion of this iconic Rochester company, creating quality jobs for hardworking residents and moving the Finger Lakes forward.”
The announcement was made in Rochester by Lt. Gov. Kathy Hochul. In exchange for the investment, New York State will provide $ 4 million through a Finger Lakes Forward Upstate Revitalization Initiative convertible loan. The factory is in the process of upgrading its facility, a project that is expected to be completed by the end of this year and cost $ 8.2 million. 
Stephen Granovsky, chairman and chief executive officer of LMAG, said, “This year Hickey Freeman turns 120…we intend to re-engineer this factory enabling our clothing to be manufactured for

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Foxconn will build Wisconsin factory after talk with Trump

Foxconn Technology said Friday it will keep a manufacturing commitment to Wisconsin after the company’s chairman spoke to President Trump. It had been earlier reported that Foxconn was reconsidering making liquid crystal display panels at a planned $ 10 billion Wisconsin campus and intended to hire mostly engineers and researchers there. But after conversations between Trump…
Business | New York Post

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