Danish drugmaker Novo Nordisk has opened an insulin manufacturing plant in the Kaluga region of Russia. The facility will provide prefilled FlexPen injection pens and PenFill cartridges to Russian consumers.
U.S. companies are searching for the right programs and incentives to entice the greatest number of employees to be fit and healthy as a way to reduce rising health insurance costs. Some create on-site workout facilities or set up exercise groups, while others provide incentives for employees to get regular health screenings.
Caterpillar Inc. on Tuesday provided a few more details of its plan to raise prices as much as 5% this year. A company spokeswoman acknowledged that "this price action represents an upward adjustment for Caterpillar machinery and engines," but noted that "some models in certain regions ... may not require an adjustment in price." Caterpillar intends to release pricing details to its dealer network within weeks.
Many businesses are turning to simulations as a training method to help managers think strategically. Santa Clara, Calif., technology company NetApp, for example, put 100 top managers through a competitive simulation last year in which they ran imaginary companies and then analyzed the end results of their sales, profits and investments.
Sen. Barack Obama's camp plans to meet later this month with Keith Eckel, one of the largest tomato growers in the Northeast, who says he won't plant this year because the immigration impasse has made it impossible for him to find the workers he needs to harvest the crop. "I just can't take the risk of planting 2 million tomato plants and watching them rot in the field," Eckel says, with his labor contractor noting that many of the workers who picked his crop for decades are afraid to cross the border in the current political climate.