In 2016, Chipotle reported its first-ever quarter of declining sales, with revenue down 6.8% to just under $1 billion. During the period, same-store sales declined 14.6% and net income plummeted 44% to $67.9 million. This decline, of course, was a result of the company’s food safety crisis following the burrito chain’s devastating E. coli and Norovirus outbreaks.[Continue Reading]
There has been a lot of discussion as to what the future holds for advanced manufacturing. The move to technology and automation in both assembly and production lines has created fears around job displacement and losses for manufacturers everywhere. The reality could not be further from this. In the U.K. alone, the addition of technology in manufacturing processes has added 3.5 million jobs compared to the 800,000 jobs displaced.[Continue Reading]
When the earliest forms of agriculture were sprouting up nearly 10,000 years ago, we had little knowledge that someday we might be faced with food sustainability challenges. Our current methods for producing nutritious foods are not able to keep up with the pace of our population growth. According to some estimates, there will be more than 9 billion humans on this planet within the next 50 years, and we need to double our food production by 2030.[Continue Reading]
The preparation, processing, and packaging of our food has increasingly become an automated process with the rise of robotic and automation equipment. And this trend — which is expected to continue for the next several years — brings perks for both the manufacturer and consumer.[Continue Reading]
Midlothian Independent School District experienced record activity for a fourth quarter, according to the most recent School District Strategies report.
The district’s new-home market produced record highs in 2017 with 791 starts and 634 closings — up 41% and 43%, respectively.[Continue Reading]
Texas is widely known as a top business destination for a variety of industries. And while cotton, cattle, and oil may historically come to mind, the versatile state has greatly diversified its economic base over the years.
Currently, Texas’ extensive business portfolio spans not only its flagship industries of petroleum refining and chemical products, but also advanced technology and manufacturing, automotive, aviation and aerospace, biotechnology, information technology, energy, and more.[Continue Reading]
As with any professional environment, maximizing your employees’ potential and production power is critical to long-term success.[Continue Reading]
Few things can tell a community’s story better than its business residents’ insights. This is why we created the “Why Midlothian?” series.
In this series, Midlothian companies share their experiences, observations and impressions about why Midlothian has proven a great fit for their business needs. We hope their stories will inspire you to consider how you can make something great with us in Midlothian.[Continue Reading]
While many advanced manufacturing workers are fearful for their jobs with the influx of technology in the industry, there are many benefits to be reaped from the addition of automation and artificial intelligence in assembly and production lines. The reality is that the inclusion of new technologies has created efficiency and supply chain possibilities that were previously unimaginable. This Industry 4.0 movement has not only facilitated greater productivity and lower costs, but offers a...[Continue Reading]