Category: Industry

Industry

Alphabet’s Intrinsic aims to unlock industrial robotics’ economic potential

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Google parent Alphabet has spun out a new industrial robotics company called Intrinsic.

Led by Wendy Tan-White, a veteran entrepreneur and investor who has served as VP of “moonshots” at Alphabet’s R&D business X since 2019, Intrinsic is setting out to “unlock the creative and economic potential” of the $42 billion industrial robotics market. The company said it’s creating “software tools” to make industrial robots more affordable and easier to use, extending their utility beyond big businesses and to more people — 70% of the world’s

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Industry

Dormant Union County business/industrial park attracting plenty of interest, official says

ALLENWOOD – An industrial/business park in northern Union County has been mostly undeveloped since plans for a hazardous waste incinerator were dropped nearly three decades ago.

That could be about to change, according to Sean McLaughlin, the county’s planning and economic development director.

There is interest in every remaining parcel of Great Stream Commons, the 667-acre park along Route 15 north of Allenwood, he said.

This week it was announced River Run Foods near Northumberland had purchased 43 acres at the southern end of the park for $1.8 million.

The manufacturer of soups and sauces plans to expand and could

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Industry

Violence flares in Haiti ahead of slain president’s funeral

QUARTIER-MORIN, Haiti (AP) — Hundreds of workers fled businesses in northern Haiti on Wednesday after demonstrations near the hometown of assassinated President Jovenel Moïse grew violent ahead of his funeral.

Associated Press journalists observed the body of one man who witnesses said was shot in the community of Quartier-Morin, which is near Trou-du-Nord, where Moïse was born. Roadblocks were set up between the two communities, temporarily barring cars from entering or leaving as two plumes of thick, black smoke rose nearby.

Many workers walked hurriedly in a single file along the main road that connects Quartier-Morin with Cap-Haitien, the city

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Industry

Cause of east Kansas City industrial fire still unknown

KANSAS CITY, Mo. — Dozens of business owners are recovering from a fire that happened last week in east Kansas City, Missouri.

FOX4 told you about the fire last week at Leeds Industrial Park that burned for hours and damaged many things inside.

The owner of Stacer Woodworking Incorporated, Sy Williamson, said he’s operating his business out of his garage.

“It’s a little surreal,” Williamson said. “I miss it already.”

Fierce flames swallowed the shop overnight last Tuesday.

“It’s like the trucks burned to the ground, I mean literally

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Industry

Wall Street eyes COVID-19 Delta variant as return to office looms

As the Dow Jones Industrial Average posted its worst day since October of last year over pandemic fears, FOX Business has learned that top executives at the Big Banks are closely monitoring the spread of the coronavirus Delta variant and how it may impact plans to re-open offices particularly in large urban areas such as New York City. 

People at banks such as JPMorgan, Morgan Stanley and Goldman Sachs say that so far they’ve made no changes

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Industry

MITRE announces first evaluations of cybersecurity tools for industrial control systems

MITRE Engenuity announced on Monday the results of its first-ever ATT&CK Evaluations for Industrial Control Systems (ICS). 

Researchers with MITRE used the Triton malware to test the detection ability of five different cybersecurity products from ICS vendors. The results of the exam can be found here

Industrial control systems are used by many of the world’s most critical infrastructures, including energy transmission and distribution plants, oil refineries, wastewater treatment facilities and more.

MITRE Evaluations created a “curated knowledge base of adversary tactics, techniques and procedures based on known threats to industrial control systems” and used it to test products

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