Featured Stories
SRC Names Alex Dunckle Assistant Vice President, Advanced Radars
SYRACUSE, New York, July 3 -- SRC, a research and development company focused on defense, environment and intelligence, issued the following news release on July 1, 2026:
* * *
SRC Names Alex Dunckle Assistant Vice President, Advanced Radars
SRC, Inc. ("SRC" or "Company"), a global, not-for-profit, defense research and development company, announced today the promotion of Alex Dunckle to assistant vice president of advanced radars.
In this role, Dunckle will be responsible for the strategic, operational and financial leadership of SRC's advanced radars business unit. He will oversee ongoing
... Show Full Article
SYRACUSE, New York, July 3 -- SRC, a research and development company focused on defense, environment and intelligence, issued the following news release on July 1, 2026:
* * *
SRC Names Alex Dunckle Assistant Vice President, Advanced Radars
SRC, Inc. ("SRC" or "Company"), a global, not-for-profit, defense research and development company, announced today the promotion of Alex Dunckle to assistant vice president of advanced radars.
In this role, Dunckle will be responsible for the strategic, operational and financial leadership of SRC's advanced radars business unit. He will oversee ongoingdevelopment programs that support a substantial portion of SRC's engineering workforce and will provide organizational leadership through the design and implementation of program management structures.
"We are proud to promote Alex into this important leadership role," said Kevin Hair, president and CEO. "Alex brings a powerful combination of technical expertise, strategic vision and proven leadership that has contributed significantly to the success of our business. Advanced radar remains a critical capability area for SRC and for our customers as the threat environment continues to evolve. We are confident Alex will continue building on that momentum and lead the organization to new levels of growth, innovation and mission impact."
Dunckle joined SRC in 2008 as a research engineer and spent nearly a decade advancing technical capabilities across the organization before transitioning into program and project management leadership roles. Most recently, he served as Director of Advanced Radars, where he helped secure key program wins and strengthened SRC's position in next-generation radar technologies.
Dunckle holds a master's degree in electrical engineering from Georgia Tech and a bachelor's degree from Rensselaer Polytechnic Institute.
* * *
About SRC
SRC, Inc. (@SRCDefense), a not-for-profit research and development company, combines information, science, technology and ingenuity to solve "impossible" problems in the areas of defense, environment and intelligence. Across a family of companies, SRC applies bright minds, fresh thinking and relentless determination to deliver innovative products and services that are redefining possible(R) for the challenges faced by America and its allies.
Since 1957, SRC's commitment to the customer and the best solution -- not the bottom line -- has remained a core value that guides its efforts. This passion for quality carries through to the technologies the company invents and manufactures, the laboratories and facilities it builds, the people they hire, and communities where they work. Today, more than 1,400 engineers, scientists and professionals work together at SRC to protect people, the environment and our way of life.
* * *
Original text here: https://www.srcinc.com/news-and-events/press/2026/20260701-dunckle-avp-advanced-radars.html
[Category: BizNational Defense]
Premier Vice President Knapp Issues Statement on the CY 2027 Medicare Outpatient Prospective Payment System Proposed Rule
CHARLOTTE, North Carolina, July 3 -- Premier, a healthcare improvement company, issued the following statement by Vice President John Knapp:
* * *
Statement on the CY 2027 Medicare Outpatient Prospective Payment System Proposed Rule
Premier is disappointed by the Centers for Medicare & Medicaid Services' (CMS) proposed rule for the calendar year (CY) 2027 Medicare outpatient prospective payment system, which delivers multiple blows to hospitals already operating under immense financial strain.
The 2.4 percent update proposed in this rule again falls short of what is needed to reflect the true
... Show Full Article
CHARLOTTE, North Carolina, July 3 -- Premier, a healthcare improvement company, issued the following statement by Vice President John Knapp:
* * *
Statement on the CY 2027 Medicare Outpatient Prospective Payment System Proposed Rule
Premier is disappointed by the Centers for Medicare & Medicaid Services' (CMS) proposed rule for the calendar year (CY) 2027 Medicare outpatient prospective payment system, which delivers multiple blows to hospitals already operating under immense financial strain.
The 2.4 percent update proposed in this rule again falls short of what is needed to reflect the truecosts of providing care. Furthermore, other proposals, such as a further expansion of Medicare site neutral payment cuts, an acceleration of a 340B recoupment policy and a proposal to dramatically reduce 340B payments, will effectively move the payment update into negative territory for many hospitals. Premier cautions against CMS pursuing these policies which fail to recognize the rising costs and operation realities hospitals face.
While Premier remains deeply concerned about the cumulative financial impact of these proposals, we are pleased to see CMS seeking further public input on options to foster a more resilient supply chain for American-made PPE and essential medicines, including recognition of the additional costs hospitals incur when procuring these domestically manufactured products. Premier has long advocated for policies that strengthen domestic manufacturing and supply chain resiliency and appreciates CMS' continued focus on these issues. We look forward to working with the agency on practical, sustainable approaches that support both hospitals and a more secure healthcare supply chain.
* * *
About the Author
John Knapp
Vice President, Advocacy, Premier
John serves as the primary contact for Premier with Capitol Hill lawmakers. With more than 20 years of experience in healthcare advocacy, John advances policy proposals to support the transformation to high-quality, cost-effective healthcare.
* * *
Original text here: https://premierinc.com/newsroom/policy/statement-on-the-cy-2027-medicare-outpatient-prospective-payment-system-proposed-rule
[Category: BizHealth Care]
Littler Issues Commentary: Washington State Published Updated Notice for Fair Chance Amendments Effective July 1, 2026
SAN FRANCISCO, California, July 3 -- Littler, a law firm, issued the following commentary on July 2, 2026, by shareholders Rod M. Fliegel, Chad J. Kaldor and William J. Simmons:
* * *
Washington State Published Updated Notice for Fair Chance Amendments Effective July 1, 2026
As previously reported, amendments to Washington's Fair Chance Act became effective July 1, 2026 for employers with 15 or more employees.
The amended Act requires that when either an employer discloses that a position is subject to a background check after a conditional job offer or an applicant voluntarily discloses their
... Show Full Article
SAN FRANCISCO, California, July 3 -- Littler, a law firm, issued the following commentary on July 2, 2026, by shareholders Rod M. Fliegel, Chad J. Kaldor and William J. Simmons:
* * *
Washington State Published Updated Notice for Fair Chance Amendments Effective July 1, 2026
As previously reported, amendments to Washington's Fair Chance Act became effective July 1, 2026 for employers with 15 or more employees.
The amended Act requires that when either an employer discloses that a position is subject to a background check after a conditional job offer or an applicant voluntarily discloses theircriminal history, the employer must provide notices to the applicant. Specifically, the employer must provide the applicant: (1) a written notice of certain requirements of the Act; and (2) a copy of the Washington Attorney General's Fair Chance Act Guide for Employers and Job Applicants./1
The Attorney General recently posted a revised version of the Guide on its website, so employers should utilize the updated version of the Guide to accompany the requisite notice. As of this writing, the website does not yet contain a sample of the main required notice with the Fair Chance Act requirements./2 In addition, the website does not yet provide a sample form for the individualized assessment that the amendments also require. Employers must provide this assessment to an applicant after making a "tangible adverse employment decision" based on the applicant's criminal history./3 Thus, employers must craft their own versions of both the notice and assessment form unless and until Washington provides samples.
The publication of the updated Guide serves as a reminder to employers to review all of the other requirements of the Washington Fair Chance Act amendments to help ensure they comply with the amended statute and any applicable local law.
* * *
See Footnotes
1/ RCW 49.94.10(8)(b).
2/ Notably, the second page of the Guide lists the requirements of the Act. To determine whether this may be sufficient to comply with the law's notice requirement, employers should consult counsel.
3/ RCW 49.94.10(5)(c).
* * *
Authors
Rod M. Fliegel
Shareholder
San Francisco
rfliegel@littler.com
* * *
Chad J. Kaldor
Shareholder
Columbus
ckaldor@littler.com
* * *
William J. Simmons
Shareholder
Philadelphia
wsimmons@littler.com
* * *
Original text here: https://www.littler.com/news-analysis/asap/washington-state-published-updated-notice-fair-chance-amendments-effective-july
[Category: BizLaw/Legal]
Hua Spa at Four Seasons Hotel Guangzhou Unveils a Sanctuary of Wellness High Above the Pearl River
TORONTO, Ontario, July 3 [Category: TravelBiz] -- Four Seasons Hotels and Resorts posted the following news release:
* * *
Hua Spa at Four Seasons Hotel Guangzhou Unveils a Sanctuary of Wellness High Above the Pearl River
*
In a city that rarely pauses, Four Seasons Hotel Guangzhou offers a quiet counterpoint high above the Pearl River. Tucked within the hotel, Hua Spa offers guests an opportunity to step out of the urban rhythm and into a sanctuary where time slows and moments of relaxation take centre stage.
Overlooking Guangzhou's CBD skyline, the spa pairs expansive city views with calm,
... Show Full Article
TORONTO, Ontario, July 3 [Category: TravelBiz] -- Four Seasons Hotels and Resorts posted the following news release:
* * *
Hua Spa at Four Seasons Hotel Guangzhou Unveils a Sanctuary of Wellness High Above the Pearl River
*
In a city that rarely pauses, Four Seasons Hotel Guangzhou offers a quiet counterpoint high above the Pearl River. Tucked within the hotel, Hua Spa offers guests an opportunity to step out of the urban rhythm and into a sanctuary where time slows and moments of relaxation take centre stage.
Overlooking Guangzhou's CBD skyline, the spa pairs expansive city views with calm,understated interiors. Natural textures and warm lighting set a tone that is both grounding and quietly luxurious. Restoration begins the moment guests arrive.
Where Rituals Begin
More than a list of treatments, the spa's treatment menu is designed as a journey, one that meets guests wherever they are, whether seeking a single hour of stillness or a deeper, multi-day recalibration. The offerings span signature rituals, tailored facials, restorative massages, body treatments and thoughtful enhancements, each crafted through partnerships with celebrated houses in French skincare, Hungarian thermal healing and Eastern wellness traditions.
The treatment philosophy rests on a quiet conviction: true restoration comes from honouring both heritage and innovation. Nowhere is this more evident than in the signature ritual at Hua Spa, Amethyst Serenity Journey, a 150-minute experience guided by the subtle energy of natural amethyst. Warm crystals are placed along the body's energy centres, layered with aromatherapy and frequency resonance, then woven together through expert massage. The experience combines relaxation and restoration through a multi-sensory approach, with stress gently eased, balance restored and a sense of wellbeing supported.
For those drawn to the traditions of European bathing culture, the Omorovicza Moor Mud Radiance Facial offers a different approach. Harnessing mineral-rich thermal waters from Budapest's legendary lake, the 40-minute ritual draws on a natural clay infused with 26 minerals to purify, nourish and support a more radiant complexion. The treatment draws on a centuries-old Hungarian healing practice reimagined for the modern guest.
The Rhythm of Presence
Wellness at Hua Spa extends far beyond the treatment room. A thoughtful program of movement and mindfulness invites guests to reconnect, with their bodies and breath. As Jessica Sun, Senior Director of Spa, puts it: Healing lives in nature, and within each of us.
Wellness activities flow between the contemplative and the energising. Singing Bowl Yin Yoga draws guests into stillness, where soft, sustained postures and the resonant hum of singing bowls allow the body to release what the day has accumulated. Spinal Movement takes inspiration from nature's gentlest unfurling, a slow, vertebra-by-vertebra practice that returns the spine to its natural ease. And Gyrokinesis, practised on a mat or chair, moves the body in spiral, wave-like motions that flow outward from the spine, awakening joints and muscle with each rotation.
Gym and Pool
Complementing the treatment rooms, a 24-hour fitness centre with panoramic skyline views, a serene indoor pool, and quiet relaxation lounges extend the experience, each a space to breathe, recover, and reset.
For those seeking something more dynamic, Pilates and Personal Training Classes bring a sharper edge. Pilates hones core strength and postural alignment through controlled, flowing movements, while Personal Training Classes offers one-on-one coaching tailored to individual goals, whether building endurance, improving mobility, or pushing past plateaus.
An Invitation to Pause
In a city defined by momentum, Hua Spa stands as a gentle reminder that stillness, too, is a form of luxury. Whether for a single afternoon or an extended wellness journey, every visit is designed to leave guests feeling lighter, clearer, and perhaps, a little more like themselves.
Book your stay at Four Seasons Hotel Guangzhou and enjoy elevated experiences at Hua Spa. For reservations or enquiries, contact +86 (20) 8883 3888 or visit the website.
***
Original text here: https://press.fourseasons.com/guangzhou/hotel-news/2026/spa_and_wellness
Greenberg Traurig Advised Sanoma and Nowa Era on the Acquisition of Fluentbe
MIAMI, Florida, July 3 [Category: BizLaw/Legal] -- Greenberg Traurig, a law firm, issued the following news release:
* * *
Greenberg Traurig Advised Sanoma and Nowa Era on the Acquisition of Fluentbe
*
WARSAW - 3 June 2026 - Greenberg Traurig advised Sanoma and Nowa Era on the acquisition of Fluentbe, a Polish AI-powered online language-learning platform. Fluentbe will develop its business within VULCAN, a company that is part of the Nowa Era Group.
The acquisition is part of Sanoma's broader strategy to grow its K12 learning business, including by broadening its product offering and further
... Show Full Article
MIAMI, Florida, July 3 [Category: BizLaw/Legal] -- Greenberg Traurig, a law firm, issued the following news release:
* * *
Greenberg Traurig Advised Sanoma and Nowa Era on the Acquisition of Fluentbe
*
WARSAW - 3 June 2026 - Greenberg Traurig advised Sanoma and Nowa Era on the acquisition of Fluentbe, a Polish AI-powered online language-learning platform. Fluentbe will develop its business within VULCAN, a company that is part of the Nowa Era Group.
The acquisition is part of Sanoma's broader strategy to grow its K12 learning business, including by broadening its product offering and furtherdeveloping educational AI. The acquisition gives Sanoma Learning an entry into the fast-growing Polish tutoring market and allows Fluentbe's offering to be combined with Sanoma Learning's local K12 expertise, strong brands and the base of more than 2 million digital users of the Nowa Era and VULCAN platforms in Poland.
The Greenberg Traurig team was led by Counsel Agata del Rosal-Izyk, who advised on the transactional and corporate aspects and W&I insurance, and was supported by Associates Natalia Potrubacz and Piotr Brzostek. Counsel Natalia Wolkowycka and Senior Associate Michal Zabost advised on the new management incentive plan. Deputy Managing Partner Michal Fereniec and Senior Associate Jakub Baczuk were responsible for the IP/IT aspects and AI Act readiness.
The due diligence team included Michal Fereniec, Agata del Rosal-Izyk, Jakub Baczuk, Pawel Fortuna, Bruno Jasic, Aleksandra Kochanska, Weronika Kopec, Dominik Kwiatkowski, Natalia Potrubacz, and Michal Zabost.
Fluentbe is one of the most innovative educational platforms in Poland. The platform combines advanced AI technology with its own teaching methodology and proprietary learning materials. It serves more than 400,000 students and works with over 600 active tutors. Fluentbe was the first platform in Poland to introduce an AI-powered language instructor.
Sanoma is a European learning and media company, one of the global leaders in K12 education and the leading consumer media company in Finland, with shares listed on Nasdaq Helsinki.
Nowa Era Group is the largest educational publisher in Poland, offering comprehensive solutions across all educational stages and subjects, and is part of the Sanoma group.
VULCAN is one of the leaders in the educational technology market in Poland. For over 38 years, it has been developing digital solutions that support the operation of schools, local authorities and other educational institutions.
***
Original text here: https://www.gtlaw.com/en/news/2026/07/press-releases/greenberg-traurig-advised-sanoma-and-nowa-era-on-the-acquisition-of-fluentbe
Ford Large SUVs and F-Series Lead First-Half Growth
DEARBORN, Michigan, July 3 -- Ford Motor issued the following news:
* * *
Ford Large SUVs and F-Series Lead First-Half Growth; Maverick Hybrid and Bronco Set Records
* F-Series retains truck crown: America's No. 1 truck is on pace for 50 straight years as the nation's best-selling truck, delivering 357,801 units through June
* Record Maverick Hybrid sales: America's No. 1 hybrid truck set a second quarter record with 29,457 vehicles sold
* Large SUV momentum: Combined sales of Bronco, Explorer and Expedition rose 10.1%, representing the best first-half performance for this high-margin lineup
... Show Full Article
DEARBORN, Michigan, July 3 -- Ford Motor issued the following news:
* * *
Ford Large SUVs and F-Series Lead First-Half Growth; Maverick Hybrid and Bronco Set Records
* F-Series retains truck crown: America's No. 1 truck is on pace for 50 straight years as the nation's best-selling truck, delivering 357,801 units through June
* Record Maverick Hybrid sales: America's No. 1 hybrid truck set a second quarter record with 29,457 vehicles sold
* Large SUV momentum: Combined sales of Bronco, Explorer and Expedition rose 10.1%, representing the best first-half performance for this high-margin lineupin 25 years
* Bronco sets a new milestone: Bronco set first half and second quarter record and outsold Jeep Wrangler in Q2
* Off-road performance expansion: Sales of Ford's off-road performance vehicles rose 6.5% through the first half
* Mustang dominates sports cars: First-half Mustang sales surged 22% to 28,725 vehicles, outselling its nearest non-premium competitor sevenfold.
* No. 1 commercial van: America's best-selling van, the Ford Pro Transit, totaled 78,925 sales, outpacing last year's record sales performance at the halfway mark
* Subscriptions growth: Paid software subscriptions for Ford Pro Intelligence rose approximately 20% in the first half, surpassing 900,000 active subscriptions
* Lincoln SUV records: Nautilus achieved record Q2 sales, while Aviator posted record first half
-
Ford grew its estimated June retail market share by 0.2 percentage points to 12.3%, driven by strong demand for high-margin SUVs and the F-Series.
The company's focus on high-margin SUVs -- Expedition, Explorer and Bronco -- sustained retail share during the planned phase-out of the Ford Escape and Lincoln Corsair. This transition paves the way for Ford's all-new, affordable small electric pickup built on its Universal Electric Vehicle platform.
Total second-quarter sales declined 10% to 549,200 vehicles, reflecting the model phase-outs and a 69% drop in daily rental sales. Retooling is underway at the Louisville Assembly Plant to build the all-new, affordable small four-door electric pickup off the Universal Electric Vehicle platform next year.
Excluding these model transitions and assuming flat rental volumes, Ford's second-quarter sales would have risen an estimated 0.5%, outperforming flat industry sales.
First-half F-Series sales reached 357,801 units, maintaining market leadership as America's best-selling truck and outselling the second-place Chevrolet Silverado by more than 80,000 units.
Although customer demand remains high, first-half F-Series sales reflect a retiming of commercial production following last year's aluminum supply shortages. Ford expects supply to recover more fully in the second half of the year.
"Gaining retail market share even as we are phasing out some high-volume models shows the strength of the Ford lineup," said Andrew Frick, president of Ford Blue and Model e. "F-Series widened its lead over competitors, and we continue to lean into our strengths: the Bronco family, large SUVs, off-road performance and Ford Pro commercial vehicles. We are exactly where we need to be to deliver on our second-half goals."
By the Numbers (Q2 / First Half 2026)
* Total sales: 1,006,515 vehicles, closing the quarter with an estimated 12.3% June retail share.
* Truck and van leadership: Ford remains America's best-selling truck manufacturer, with 576,288 vehicles sold in the first half.
* Maverick: America's best-selling hybrid pickup set a Q2 record with 29,457 units sold, up 19.3%.
* F-Series: 357,801 first-half sales, keeping it America's best-selling truck.
* Bronco: Record first-half (76,936 units) and record Q2 (45,739 units), outselling the Jeep Wrangler in Q2.
* Explorer: America's best-selling three-row SUV, with 126,925 units sold through June.
* Ford Transit: America's best-selling van, with 78,925 units sold through June.
* Ford Pro software: Paid subscriptions topped 900,000, up approximately 20% in the first half.
* BlueCruise hands-free highway driving: Exceeded 12 million cumulative hours.
Ford Trucks: No. 1 in America
F-Series led the industry with 357,801 trucks sold in the first half, outselling its nearest competitor by more than 80,000 units.
The F-150 Hybrid remains America's best-selling full-size hybrid pickup, with 24,596 trucks sold through June.
Maverick Hybrid sales reached a record 46,507 in the first half. Q2 sales rose 19.3% to a record 29,457 units, securing its position as America's best-selling hybrid pickup.
Sales of the Ford Pro Transit totaled 78,925 units, pacing ahead of last year's record-setting performance for America's best-selling van.
Total first-half truck and van sales of 576,288 secured Ford's position as America's No. 1 truck manufacturer.
Bronco, Explorer and Expedition Fuel SUV Expansion
Explorer sales expanded 21% to 126,925 units in the first half, driven by a refreshed trim strategy. The high-volume Active and ST-Line trims target growing families, while premium Tremor and Platinum trims attract buyers seeking high-end capability.
Combined sales of Explorer Active and ST-Line trims climbed 31.0% in the first half, while premium Platinum and Tremor series surged 55.6%. Explorer Tremor posted its best monthly sales in June since launching last October.
Although total Expedition sales fell 9.8% due to fleet order timing, retail sales rose 13.7% in the first half, with Q2 retail sales up 15.2%.
Bronco delivered record Q2 and first-half results, outselling the Jeep Wrangler for the quarter. Q2 sales rose 15.9%, while first-half sales grew 6.8% to a record 76,936 SUVs.
Off-road performance trims -- including all Bronco, Raptor, Tremor and FX4 packages -- accounted for 23.9% of Ford's first-half sales mix (up 3.6 percentage points). Sales of these specialized trims rose 6.5% to 240,634 units. Raptor sales rose 21.4% in Q2 and 10.6% in the first half. The Tremor trim series continues to expand, with first-half sales up 118% year over year.
Affordability as a Key Driver
Ford's commitment to providing a diverse and affordable range of price points continues to deliver results. Combined sales of the entry-level Maverick, Ranger and Bronco Sport rose 9.9% in Q2 and 9.2% through the first half of the year.
This growth was supported by strong entry-level demand for the Ranger XL (up 24.5%) and the Bronco Sport Big Bend (up 9.5%) through the first half.
America's most affordable pickup in its most price accessible trim, the Maverick XL, saw sales rise 12.2% in Q2 and 3.9% through June.
Lincoln Nautilus and Aviator Set New Records
Following record-setting Q2 for Nautilus and Nautilus hybrid, Lincoln's luxury SUV lineup delivered significant gains. Aviator sales surged to a new record first half with 13,422 SUVs sold, up 11.7%.
Commercial Leadership: Ford Pro
Ford started the year as the No. 1 brand in commercial vehicles. Based on Ford's analysis of the most recent registration data through April, the company commands a 40.4% share of the Class 1-7 commercial truck and van segment.
Digital and Services: Momentum Continues for Ford Pro Intelligence and BlueCruise
Ford Pro Intelligence paid software subscriptions grew by approximately 20% year-over-year in the first half of the year with a total of more than 900,000 active subscriptions today.
BlueCruise hands-free highway driving surpassed 12 million cumulative hours at the end of the first half, with updates continuing to provide new hands-free capability to earlier model year vehicles.
Remote Services: Mobile Maintenance Grows
Driven by the continued growth of Mobile Service, and strong customer demand, Ford Remote Services delivered standout results in the second quarter.
* Remote experiences continues to over-deliver on plan, delivering nearly 1.5 million experiences globally (up 14%) with over 1.1 million experiences in the U.S. (up 16%).
* Mobile Service continues with strong momentum, delivering almost 870,000 experiences globally (up 29%) and 737,000 experiences in the U.S. (up 27%). Globally, Ford has over 4,800 vans on the road and over 4,400 in the U.S.
* Pick-up & Delivery has delivered over 621,000 experiences globally and over 394,000 in the U.S.
* Year-to-date through June, globally Ford has delivered over 2.7 million remote experiences (up 12%) with over 2.0 million experiences in the U.S. (up 12%).
Looking Ahead
Ordering for the new Mustang RTR and the high-performance Mustang Dark Horse SC is now open along with the 30th edition trim package in the Expedition. On July 10, Ford will kick off a 23-store Bronco Filson North American tour at Filson's flagship store in Seattle. The tour runs through October, when order banks are expected to open. Prospective customers can see the Bronco Filson and meet the teams from Ford and Filson at these store events.
* * *
Original text here: https://www.fromtheroad.ford.com/us/en/articles/2026/ford-2026-second-quarter-sales-results
[Category: BizTransportation]
Caterpillar Invests in the Future of Texas' Manufacturing Workforce
PEORIA, Illinois, July 3 -- Caterpillar Inc., a manufacturer of construction and mining equipment, issued the following news release on July 2, 2026:
* * *
Caterpillar Invests in the Future of Texas' Manufacturing Workforce
* Investment will focus on reducing barriers to training, defining in-demand skills for future jobs, and connecting individuals to careers in advanced manufacturing.
* Texas State Technical College, Manufacturing Institute and local organizations will help advance the effort.
-
IRVING, Texas - Caterpillar Inc. (NYSE: CAT) today announced the launch of its workforce commitment
... Show Full Article
PEORIA, Illinois, July 3 -- Caterpillar Inc., a manufacturer of construction and mining equipment, issued the following news release on July 2, 2026:
* * *
Caterpillar Invests in the Future of Texas' Manufacturing Workforce
* Investment will focus on reducing barriers to training, defining in-demand skills for future jobs, and connecting individuals to careers in advanced manufacturing.
* Texas State Technical College, Manufacturing Institute and local organizations will help advance the effort.
-
IRVING, Texas - Caterpillar Inc. (NYSE: CAT) today announced the launch of its workforce commitmentin Texas, marking another meaningful step in its five-year, $100 million Building the Future Workforce Initiative. With an initial allocation of up to $5 million, the funding aims to prepare current and future workers across Texas for advanced manufacturing and industry technician jobs of tomorrow.
"Caterpillar believes building a strong workforce starts with investing in people and helping them develop the skills needed to be successful," said Christy Pambianchi, Caterpillar's chief human resources officer. "Texas is a manufacturing powerhouse and a vital hub for innovation. Through this pledge, we're capitalizing on those strengths and preparing Texans for the jobs of today and the advanced technology and manufacturing careers of tomorrow."
Why Texas?
Texas, a recognized leader in American manufacturing, was selected for the workforce commitment because of Caterpillar's deep roots in the state. Texas is home to 6,630 Caterpillar employees spanning from the company's Irving headquarters to 17 facilities across the state, including the 1.7-million-square-foot, high-tech engine facility in Seguin, where today's announcement took place. Texas also boasts the infrastructure, expertise and strong educational institutions needed to develop innovative training models that could serve as a national example.
Caterpillar's initial investment will explore reducing financial barriers to training, developing a future-ready skills framework and strengthening pathways that connect students to careers in advanced manufacturing and industrial skills. To advance these efforts across the state, Caterpillar is collaborating with leading organizations, including Texas State Technical College, the Manufacturing Institute, and local stakeholders such as the Seguin Economic Development Corporation.
This marks the second state launch for this initiative. For more information on how these funds are upskilling talent for advanced manufacturing and industry technician roles, and to keep up with future state launches, visit the Caterpillar Building the Future Workforce Initiative here (https://www.caterpillar.com/en/company/corporate-responsibility/corporate-giving/building-the-future-workforce.html).
* * *
About Caterpillar
For more than a century, Caterpillar has built a better, more sustainable world. With 2025 sales and revenues of $67.6 billion, Caterpillar Inc. is shaping the future as the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Backed by one of the largest independent global dealer networks and financing services through Cat Financial, the company's primary business segments: Power & Energy, Construction Industries and Resource Industries are solving customers' toughest challenges through commercial excellence and advanced technology, driven by a highly skilled, dedicated global team. Learn more at www.caterpillar.com.
* * *
Original text here: https://www.caterpillar.com/en/news/corporate-press-releases/h/07022026-texas-workforce-investment.html
[Category: BizIndustrial Materials]
