Supplier and manufacturer of rotating equipment has reached a tentative agreement with a local union representing approximate 500 workers at its New York facility.
Plane maker is acquiring Vought Aircraft Industries' interest in Global Aeronautica to improve efficiency on assembly of the new 787.
Former research and development employee at the specialty chemicals company is accused of selling trade secrets to a competitor in South Korea.
Motors manufacturer said one of its subsidiaries will acquire Weihai Hengda Electric Motor and Wendeng Second Electric Motor Factory to expand its product offerings.
Intertrade 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.
Berkline/BenchCraft is planning to consolidate all its upholstery manufacturing operations at its facilities in Morristown to reduce operating costs.
Secretary Paulson will meet with Chinese leaders and follow up on an agreement the two countries reached last year on environmental cooperation.
Regulators drastically cut the number of zero-emission vehicles required by 2014 after auto manufacturers said they needed more time to reach the standard.
About 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.
Mitsubishi Heavy Industries is going ahead with its mid-sized regional jet -- the first nationally funded, domestically manufactured passenger aircraft project since 1973.
Suspected 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.
Commerce 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.
Strike 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.
DONG 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.
Triple threat of falling consumer confidence, rising gas prices and the nation's economic downturn has pummeled the industry, forcing layoffs and plant closures.
Airbus 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.
New study found the U.S. becoming more cost competitive among the major industrial nations because of the plunging dollar.
Airbus terminated negotiations with OHB Technology over the sale of three German sites, part of a cost-cutting overhaul at the planemaker's parent EADS.
Newspaper equipment maker said Thursday it agreed to be bought by Illinois Tool Works for up to $8.5 million.