Vertex News

By CNN Money Several factors are driving this trend, according to Stuart Lichter, president of Industrial Reality Group, one of the largest owners of U.S. commercial real estate. Many U.S. companies, which had moved their operations overseas to keep costs down, are coming back home to be closer to their customers. On the flip side, foreign companies are also shifting some production to the U.S. to be more competitive[...]

By WECT-TV Vertex Rail officials say the company has now hired 284 people and is in full swing, fulfilling and shipping railcar orders and outfitting the facility to increase production efficiency. New jigs and fixtures have arrived at the Port of Wilmington to outfit bays three and four for full manufacturing production. The first new tank car is ready and waiting approval from the Association of American Railroads.[...]