DuPont acquires Coastal Training Technologies Corporation
DuPont acquired Coastal Training Technologies Corp, a producer and marketer of training programs, to expand its safety business offering.
DuPont will gain access to DuPont’s broad customer network for its library of training products. According to a report issued by the American Society for Training and Development, U.S. organizations spent approximately $50 billion on external training services in 2007 and the use of E-learning programs tripled from 11 to 30% over the span of five-years.
“Coastal is a dynamic and creative company that produces world-class training products,” said James R. Weigand, vice president and general manager, DuPont Safety Resources.
DuPont Safety Resources offers customized consulting services and safety training materials and products that help clients improve workplace safety systems and operations. In addition to its consulting services, the business offers workplace safety and training materials, including the DuPont STOP program, which has helped employees prevent injuries and incidents for more than 25 years.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey