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Questionable activities were commonplace in the procurement industry long before the Procurement Integrity Act passed in the late 80s. From small-scale construction projects to multimillion dollar research and development proposals, there have been cases of espionage, bid tampering, and similar crimes. Penalties are harsh at any level, but contractors and procurement professionals working with federal…
Image via Wikipedia.org Bloomberg reported that the price of nickel saw a sharp jump in price on Wednesday after five months of lengthy declines. China’s inventory is already tight, and they plan to reduce their output further in favor of cheaper alternatives. Speculation about what China will do and the low stockpiles currently available are…
Image via Flickr by Dana Beveridge On Friday, Ohio Governor John Kasich, along with Jobs Ohio managing director Kristi Tanner and Fuyao chairman Cao Dewang, announced that the Chinese auto parts maker plans to purchase about one million square feet of the old General Motors plant in Moraine, Ohio. The new plant is expected to…
Image via Flickr by Cesar Rincon In the late 1980s, things looked good for the newly formed corporation Unisys. The company was boosting its workforce, increasing its product offerings, and acquiring other companies, such as Timeplex. It seemed Unisys would soon be challenging the computer giant IBM for top spot among U.S. computer manufacturers.Oops! You…
Image via Flickr by Aurelijus Valeiša Amazon worked really hard to get approval from the Federal Aviation Authority to test delivery drones. After initially being denied, they were given special permission to run tests as long as the pilot remained in sight of the drone. Now, Amazon is telling us their proposed drone delivery plans…
Image via Flickr by Martin Cathrae Biannually, officials from the business industry and transportation industry hold a meeting to discuss issues affecting the transportation of raw materials and goods. This year’s meeting, scheduled for Tuesday, September 17 in Bismark, North Dakota, is expected to be consumed with discussion about new federal regulations expected to be…