Walmart, Walmart Foundation and U.S. Conference of Mayors launch manufacturing innovation fund
ORLANDO, Fla. — Walmart, the Walmart Foundation and the United States Conference of Mayors have launched the $10 million Walmart U.S. Manufacturing Innovation Fund.
Eligible non-profit organizations can apply for grants of $100,000 or more, funded by the Walmart Foundation, to help create solutions to challenges many companies face with on-shoring and growing U.S. manufacturing.
The first year of the initiative will focus on innovation in textiles manufacturing and common manufacturing processes that apply to a broad range of consumer goods, including small motor manufacturing and tooling for injection molding. Anticipated participating organizations include research and academic institutions, think tanks and other non-profit entities focused on innovations in manufacturing.
“Through the Walmart U.S. Manufacturing Innovation Fund, we hope to help remove the barriers to revitalizing and growing U.S. manufacturing, creating jobs and building a stronger American economy,” stated Cindi Marsiglio, VP of U.S. sourcing and domestic manufacturing for Walmart. “This is part of Walmart and the Walmart Foundation’s broader commitment to foster new ideas and jobs to promote strong communities and grow America’s manufacturing footprint.”
The announcement is part of Walmart’s commitment to buy an additional $250 billion in products that support American manufacturing. The Boston Consulting Group estimates the initiative will add 1 million jobs in the United States.
Applications are due April 22. Selected proposals will receive grants ranging from $100,000 and above for award periods of at least one year, with the option of reapplying for continued funding. Each applicant will need sponsorship from the mayor of a USCM member city.
Report: North Dakota Health Mart pharmacy tackles kids’ fear of monsters with ‘Monster Spray’
WATFORD CITY, N.D. — Do you have a little one who is convinced there are monsters lurking about the bedroom at night? If so, you may need a prescription for “Monster Spray.”
At least that’s the solution offered at Barrett Health Mart Pharmacy in Watford City, N.D., where pharmacy manager Josslyn Dodd has been writing children prescriptions for “Monster Spray” for the past five years or so, according to an article in the Huffington Post.
According to the article, Austin Johnson, a pharmacy technician at Barrett, was at a friend’s house when she noticed her friend’s 6-year-old daughter didn’t want to go to bed because of the "monsters" in her bedroom. Johnson told her friend about the “Monster Spray” and wrote up the “prescription.”
“I had to put it in the prescription bottle. She wouldn’t have believed it if it hadn’t come from the pharmacy with the label," Johnson was quoted as saying.
Amazon to raise price of Prime
NEW YORK — Amazon is increasing the annual membership of its Amazon Prime service from $79 a year to $99. The online giant, which made the announcement on its homepage, had suggested last year that increased shipping costs would force it to raise the annual price of its premium membership.
The price hike takes effective in seven says. Until then, customers can still sign up for the $79 rate. The increased fee will be charged when users renew their Prime memberships.
The service gives members access to unlimited free two-day shipping on many items, plus access to thousands of streaming movies and TV shows through Amazon Instant Video, a service similar to Netflix.