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Dresser-Rand, Union Reach Agreement
March 28, 2008 6:40 am | by Edited by Manufacturing.net Staff | News | CommentsSupplier and manufacturer of rotating equipment has reached a tentative agreement with a local union representing approximate 500 workers at its New York facility.
Boeing To Acquire Vought's Global Aeronautica Shares
March 28, 2008 6:25 am | News | CommentsPlane maker is acquiring Vought Aircraft Industries' interest in Global Aeronautica to improve efficiency on assembly of the new 787.
Employee Accused Of Selling Lubrizol Trade Secrets
March 28, 2008 6:24 am | News | CommentsFormer research and development employee at the specialty chemicals company is accused of selling trade secrets to a competitor in South Korea.
Harbin Electric Buying Weihai Hengda Electric Motor
March 28, 2008 6:19 am | News | CommentsMotors manufacturer said one of its subsidiaries will acquire Weihai Hengda Electric Motor and Wendeng Second Electric Motor Factory to expand its product offerings.
Chemical Plant Acquisition May Result In Layoffs
March 28, 2008 5:55 am | News | CommentsIntertrade Holdings sold its organic sulfates plant to Cincinnati-based Pilot Chemical Corp., and a plant executive said there will likely be some layoffs as a result.
Furniture Maker To Consolidate Operations
March 28, 2008 5:45 am | News | CommentsBerkline/BenchCraft is planning to consolidate all its upholstery manufacturing operations at its facilities in Morristown to reduce operating costs.
Treasury Secretary Visiting China Next Week
March 28, 2008 5:30 am | by Martin Crutsinger, AP Economics Writer | News | CommentsSecretary Paulson will meet with Chinese leaders and follow up on an agreement the two countries reached last year on environmental cooperation.
California Relaxes Auto Emissions Rule
March 28, 2008 5:29 am | by Samantha Young, Associated Press Writer | News | CommentsRegulators drastically cut the number of zero-emission vehicles required by 2014 after auto manufacturers said they needed more time to reach the standard.
Mitsubishi Shuts Down Australian Factory
March 28, 2008 5:20 am | News | CommentsAbout 500 workers will leave the assembly factory Friday when it closes after 28 years in operation; another 430 will stay on for a year to decommission the plant.
'Made In Japan' Jet Gets Green Light
March 28, 2008 5:17 am | by Yuri Kageyama, AP Business Writer | News | CommentsMitsubishi Heavy Industries is going ahead with its mid-sized regional jet -- the first nationally funded, domestically manufactured passenger aircraft project since 1973.
Rat Prompts Frozen Food Recall In South Korea
March 28, 2008 5:13 am | News | CommentsSuspected rat was found in frozen vegetables imported from the U.S., prompting South Korea's food protection agency to order a recall and launch an investigation.
U.S. Economy Nearly Stalls In Fourth Quarter
March 27, 2008 12:35 pm | by Jeannine Aversa, AP Economics Writer | News | CommentsCommerce Department says economy nearly sputtered out at the end of the year and is probably faring even worse now amid continuing housing, credit and financial crises.
American Axle Strike May Force GM To Idle Car Plants
March 27, 2008 12:15 pm | by Tom Krisher, AP Auto Writer | News | CommentsStrike at auto parts maker American Axle previously affected only plants assembling General Motors SUVs and trucks, but is now spreading to factories that make sedans.
Denmark Plans Electric Car Network
March 27, 2008 12:00 pm | by Jan M. Olsen, Associated Press Writer | News | CommentsDONG Energy and a Silicon Valley-based startup firm plan to install an electric car network that includes about 20,000 recharging stations in the Scandinavian nation.
Struggling Economy Sinking Boating Industry
March 27, 2008 11:35 am | by Ashley M. Heher, AP Business Writer | News | CommentsTriple threat of falling consumer confidence, rising gas prices and the nation's economic downturn has pummeled the industry, forcing layoffs and plant closures.
UPDATE: EADS Signs UK Tanker Contract
March 27, 2008 11:30 am | by Tariq Panja, Associated Press Writer | News | CommentsAirbus parent landed its second big government order when it signed a $26.36 billion contract to replace the Royal Air Force's aging fleet of mid-air refueling tankers.
Report: Weak Dollar Makes U.S. More Cost-Efficient
March 27, 2008 6:50 am | by Vinnee Tong, AP Business Writer | News | CommentsNew study found the U.S. becoming more cost competitive among the major industrial nations because of the plunging dollar.
OHB, Airbus Unable To Reach Deal On German Sites
March 27, 2008 6:36 am | News | CommentsAirbus terminated negotiations with OHB Technology over the sale of three German sites, part of a cost-cutting overhaul at the planemaker's parent EADS.
Illinois Tool Works To Purchase Quipp For $8.5M
March 27, 2008 6:35 am | News | CommentsNewspaper equipment maker said Thursday it agreed to be bought by Illinois Tool Works for up to $8.5 million.
Rentech, International Paper Delay Land Deal
March 27, 2008 6:30 am | News | CommentsAn issue involving mineral rights on International Paper's old factory site has delayed the closing of a land transaction between Rentech and IP.
