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Friday, July 13, 2018   /   by Scott Shine

Austin new home of Army Futures Command

Austin new home of Army Futures Command WASHINGTON (Defense News) – The new four-star Army Futures Command (AFC) will be in Austin.

The location will consolidate the Army's entire modernization process under one roof. U.S. Army Secretary Mark Espen said in a July 13 press conference that Austin's top-tier academic institutions, cutting edge industrial, innovative private sector, and culture make the city a good fit for the facility.

"The Army chose Austin as the location for the AFC headquarters because it not only possesses the talent, entrepreneurial spirit, and access to keep partners we are seeking, but also because it offers the quality of life our people desire and a cost of living they can afford," said Epsen.

The creation of the AFC is the Army's most significant reorganization effort since the U.S. Army Forces Command and Army Training and Doctrine Command's creations in 1973.

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Tuesday, June 26, 2018   /   by Scott Shine

Housing, economic outlook remain steady in second quarter

WASHINGTON (National Association of Realtors) – Three-fourths of Americans believe now is a good time to sell a house, says the National Association of Realtors' (NAR) latest Housing Opportunities and Market Experience (HOME) survey.

Around 68 percent of Americans believe it's a good time to buy a house.  Optimism is higher among older buyers (65 or over) and those living in the South (73 percent) and Midwest (71 percent).

According to NAR, affordability and low inventory are eroding buyer confidence. A near high of 58 percent of households believe that the economy is improving—slightly down from 60 percent last quarter but up from 54 percent last year. People in rural areas are more likely to view the economy as improving (63 percent) than in urban areas (51 percent).

The HOME survey’s monthly Personal Financial Outlook Index, showing respondents’ confidence that their financial situation will be better in six months, dropped slightly from 63. ...

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Tuesday, June 26, 2018   /   by Scott Shine

U.S. new-home sales hit second-highest level since recession

WASHINGTON (National Association of Home Builders) – New-home sales rose 6.7 percent in May to a seasonally adjusted annual rate of 689,000 units after a downwardly revised April report, according to data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

This is the second-highest sales report since the Great Recession. Last month, new-home inventory was 299,000—a 5.2-month supply. The median sales price was $313,000.

Regionally, new-home sales rose 17.9 percent in the South.

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Wednesday, May 30, 2018   /   by Scott Shine

McLane Launches Veterans' Warriors to Wheels to Temple

TEMPLE – May 29, 2018 - McLane Company Inc., a leading supply chain services company providing grocery and foodservice supply chain solutions, launched a Registered Driver Apprenticeship Program featuring a veteran initiative, Warriors to Wheels.

The Warriors to Wheels program is GI Bill approved and is a Registered Driver Apprenticeship with the Department of Labor. It is designed to attract and provide military veterans an “earn while you learn” training model that utilizes their military training experience to move into a career in transportation.

McLane offers careers that don’t require drivers to be away from their families for extended periods of time. Delivery drivers run 1-2-day routes, with over 80 distribution centers nationwide.

McLane’s Driver Apprenticeship Program is open to anyone, not just veterans. However, military veterans who are eligible for GI Bill benefits can receive their GI Bill housing allowance while earning a wage a ...

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Wednesday, May 30, 2018   /   by Scott Shine

Rail-served $16M facility to Temple Industrial Park

TEMPLE – May 29, 2018 - Lane Enterprises will undertake a $16.3 million capital investment for a new manufacturing facility.

Lane will build on a rail-served 21-acre site in the Temple Industrial Park and will create 21 new jobs with a $1.2 million average annual payroll. The Temple facility will produce High Density Polyethylene Pipe and corrugated metal pipe.

Lane Enterprises is a full-line manufacturer of corrugated metal and plastic drainage products.

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