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STX Group Starts Up China Shipbuilding Complex
April 7, 2008 5:08 am | News | CommentsBillion-dollar complex will carry out the entire shipbuilding process from cutting steel and engine assembly to block manufacturing.
Can China Keep Pace With Globalization?
April 4, 2008 11:20 am | by Amy Radishofski, Staff Reporter | Articles | CommentsBy Amy Radishofski, Staff Reporter, Manufacturing.net China’s reputation as a top exporter has been badly bruised amid a series of product safety issues. Although it is working to repair the damage, there may be bigger problems ahead.
80,000 Jobs Cut In March; Most In 5 Years
April 4, 2008 10:35 am | by Jeannine Aversa, AP Economics Writer | News | CommentsUnemployment rate of 5.1 percent the highest since September 2005, when significant job losses followed the devastating blows of Gulf Coast hurricanes.
Nebraska Window Company Cuts 23 Jobs
April 4, 2008 7:15 am | News | CommentsCustom door and window maker in Lincoln has laid off 23 workers while investors in Window Technologies try to find new financing for the business.
Rohm And Haas Sells Stake In UP Chemical
April 4, 2008 7:10 am | News | CommentsChemical maker will sell its 40 percent stake in UP Chemical Co. to Woori Consortium for $112 million.
Myers Industries Says Its Acquisition Canceled
April 4, 2008 7:05 am | News | CommentsPrivate equity firm GS Capital Partners walked away from its plans to buy the rubber and plastics maker, a deal valued at $1.1 billion.
Hedge Fund Backs Out Of Delphi Agreement
April 4, 2008 6:58 am | by Vinnie Tong, AP Business Writer | News | CommentsPrivate equity group terminated its agreement to invest $2.55 billion in the auto parts supplier; loss of the deal puts Delphi's plan to exit bankruptcy at risk.
German Auto Supplier To Open Plant In Alabama
April 4, 2008 6:45 am | by Kate Brumback, Associated Press Writer | News | CommentsStankiewicz International will open a manufacturing plant in Vance, Ala., creating more than 180 new jobs over the next three years.
Manufacturer Voluntarily Recalls Water Heaters
April 4, 2008 6:35 am | News | CommentsA.O. Smith Water Products announced a voluntary recall of natural and propane gas water heaters due to fire and carbon monoxide hazards.
Motorola Lays Off Another 2,600 Workers
April 4, 2008 6:18 am | News | CommentsAdditional layoffs bring the beleaguered cell phone maker's total employee cuts to more than 10,000 since last year.
Tokyo Steel Halts Exports
April 4, 2008 6:16 am | News | CommentsJapan's top maker of steel girders has stopped exports with the strong yen and soaring steel scrap prices cutting into profit.
Honeywell Acquires Norcross Safety Products
April 4, 2008 6:13 am | News | CommentsDiversified manufacturer to buy the Oak Brook, Ill-based company for $1.2 billion to expand its life safety product offerings.
Official: China, India Will Offset U.S. Downturn
April 4, 2008 6:05 am | by Gillian Wong, Associated Press Writer | News | CommentsGrowth in India and China will keep driving the global economy despite a slump in the United States, India's commerce minister said.
Freightliner To Cut 1,500 Jobs
April 4, 2008 6:05 am | News | CommentsDaimler's heavy truck subsidiary plans to lay off about half the workers at its truck manufacturing plant in Cleveland, North Carolina.
Zimmer Recalls Orthopedic Surgical Products
April 4, 2008 6:00 am | News | CommentsCompany voluntarily recalled some orthopedic surgical products made at its Dover, Ohio, plant after determining they do not meet internal quality standards.
Ford Worker Wins $136 Million Lottery
April 4, 2008 5:55 am | by Kathy Barks Hoffman, Associated Press Writer | News | CommentsGoing back to college and a cottage on the lake may be on the agenda for the 60-year old now former employee -- but he says he won't be buying a foreign vehicle.
Manufacturing Orders Decline In Germany
April 4, 2008 5:40 am | News | CommentsGerman manufacturing orders dropped 0.5 percent in February from the previous month due to weaker foreign demand.
Nation's Largest Craft Brewery Sharing Hops
April 4, 2008 5:39 am | by David Pitt, Associated Press Writer | News | CommentsShortage of hops has left smaller brewers unable to buy the key beer ingredient, but Boston Beer Co., the maker of the Samuel Adams brand, agreed to share 20,000 pounds of its hops.
Report: Venezuela To Buy 3 Russian Submarines
April 4, 2008 5:35 am | News | CommentsMoscow expects to sell at least three submarines to Venezuela in a deal to be inked when President Hugo Chavez visits next month, Russian news media said.
Adidas Reorganizing U.S. Operations
April 4, 2008 5:30 am | News | CommentsGerman shoe company will keep its U.S. headquarters in Portland, Oregon, but cut jobs there to gain a competitive advantage in the domestic market.
