Business Financial News

When NovaSom Inc. was looking to produce its sleep apnea diagnostic kits, the Glen Burnie-based company didn’t look to factories in Asia or Mexico. Instead, it found a manufacturer right off the Beltway in Woodlawn.

NovaSom chose Zentech Manufacturing Inc. for two key reasons: Executives here could oversee quality control, and the kits could be shipped to domestic customers in just days, not weeks or months.

After years of American companies shipping jobs and contracts overseas, some are choosing local manufacturers or even “re-shoring” — bringing those jobs and work back to the United States. With the economy crumbling several years ago, many companies were forced to re-evaluate their global supply chains.

General Electric Co., for instance, recently announced that it plans to invest more than $400 million to bring back refrigeration and appliance manufacturing from South Korea to plants in four U.S. s Read Full Post…

All the rage of the online marketing world the last few days is all about how Google threw another “algorithm” tantrum and seemingly tried to put some of it’s own major adsense publishers out of business!

So how do you “Google Proof” your business?

Let’s face it – as long as you are dependent on Google for your traffic, your income is subject to these Google slaps. Who knows how

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Duties on certain cereals imported into the EU have been suspended in a bid to ease rising feed grain prices.

The suspension relates to existing tariff rate quotas for low and medium quality wheat and barley, worth €12/t and €16/t respectively (£10-13). These tariffs will be reduced to zero until at least the end of June 2011.

“I hope this proposal will reduce tensions on the European cereals market,” EU agriculture commissioner Dacian Ciolos said. “While prices remain high on world and EU markets we have an obligation to do what we can to help ease the situation until the end of the marketing year.”

Buoyant wheat and oilseed markets have pulled pea and bean prices even higher over recent weeks.

The British Edible Pulse Association said the feed beans premium over wheat had increased to £40/t, due to strong demand and stocks down about one third (200,000t) on normal. Human consumption beans were fetching a further £20/t premium.

BEPA reported a lack of export quality old crop marrowfat peas left to sell, although contracts for 2011 harvest were in place at £250-275/t. Go

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