The Leading Source for Manufacturing News & Insight
Joy Global Buys Conveyor Systems Maker
January 8, 2008 4:12 am | News | CommentsMining supplies and equipment maker purchasing Continental Global Inc. from NES Group Inc. for $270 million.
EADS Shares Drop On Report Predicting Jet Order Slump
January 7, 2008 9:10 am | by Emma Vandore, AP Business Writer | News | CommentsShares dropped more than 7 percent after Deutsche Bank recommended investors get rid of the stock in a report predicting weaker commercial jet orders in 2008.
Chrysler Sales Outside North America Rose 15 Percent
January 7, 2008 9:05 am | News | CommentsAutomaker said it had its best year in international markets for 2007, selling 238,218 vehicles, up from the 206,925 it sold in 2006.
Anheuser-Busch Wholesaler Shipments Up 2 Percent
January 7, 2008 8:45 am | News | CommentsShipments to wholesalers increased 2.1 million barrels to 104.4 million barrels, said August A. Busch IV, president and CEO.
South Korean Warehouse Fire Kills 40
January 7, 2008 5:22 am | by Kwang-Tae Kim, Associated Press Writer | News | CommentsBlaze tore through a refrigeration warehouse under construction in an industrial district south of the capital.
Biolase Names Jake St. Philip As CEO
January 7, 2008 5:20 am | News | CommentsDental laser company said Jake St. Philip will become chief executive and a director, effective immediately, replacing Interim CEO Federico Pignatelli, who will become president.
Stronger Safety Precautions Boosting Toy Costs
January 7, 2008 5:19 am | by Dikky Sinn, Associated Press Writer | News | CommentsTougher safety measures implemented in the wake of high-profile toy recalls last year could drive up the cost of China-made toys by at least 10 percent this year.
Brewer Budvar Reports Production Increase In 2007
January 7, 2008 4:55 am | News | CommentsCzech state-owned brewery which has been fighting a long legal battle with Anheuser-Busch over the Budweiser brand had record exports again.
Police Raid Mitsubishi Chemical After Fatal Fire
January 7, 2008 4:46 am | News | CommentsCompany submitted a report to the Ministry of Economy, Trade and Industry late last month, in which it admitted that it did not clearly note safety measures in its operational manual.
Euro Jobless Rate Holds At 7.2 Percent In November
January 7, 2008 4:45 am | by Aoife White, AP Business Writer | News | CommentsEuropean Union officials acknowledge that the economy may grow more slowly as businesses start to feel the pain of higher oil prices, a high value euro and a banking crisis.
Krispy Kreme's Chairman Morgan Adds Duties
January 7, 2008 4:40 am | News | CommentsDoughnut maker named Chairman James H. Morgan president and chief executive.
Sony Bringing High-Quality Organic LED TV To U.S.
January 7, 2008 4:38 am | News | CommentsThe 11-inch XEL-1, which will go on sale this month, is Sony's first television for the U.S. to use organic light-emitting diode technology.
Manufacturing And Environment Coexist In Indiana
January 7, 2008 4:35 am | by Tom Murphy, AP Business Writer | News | CommentsU.S. Steel's Gary Works complex helps make Indiana the country's top steel-producing state, but there is a constant balancing act between manufacturing and the environment.
LDK Solar Purchases Stake In Crucible Maker
January 7, 2008 4:24 am | News | CommentsManufacturer spending $2.3 million for 33.5 percent stake in a local crucible maker to 'significantly reduce' costs of purchasing crucibles from abroad.
FoodSwing Buying Cambridge, Md. Seafood Plant
January 7, 2008 4:19 am | News | CommentsFood manufacturer packaging company purchased the former Iceland USA seafood plant; facility closed last year, idling 422 workers.
PlayStation 3 Holiday Sales Reach 1.2 Million
January 7, 2008 4:09 am | by Yuri Kageyama, AP Business Writer | News | CommentsCompetition is intense among the latest video game machines, pitting Sony's PS3 against Nintendo's popular Wii and Microsoft's XBox 360.
U.S. Jobless Rate Hits 5 Percent
January 4, 2008 11:00 am | by Jeannine Aversa, AP Economics Writer | News | CommentsHiring practically stalled in December, driving the unemployment rate up to a two-year high of 5 percent and fanning fears of a recession.
Program Allowing Mexican Trucks Into U.S. Goes Ahead
January 4, 2008 10:55 am | by Andrew Taylor, Associated Press Writer | News | CommentsBush administration is going ahead with a controversial pilot program giving Mexican trucks greater access to U.S. highways despite a new law by Congress against it.
EPA Ceases Talks With Dow Over Dioxin Cleanup
January 4, 2008 9:40 am | News | CommentsFederal government says it's failed to reach a deal with Dow Chemical Co. for the study and interim cleanup of dioxin contamination in the Tittabawassee River system.
Tainted Dog Food Producer Reaches Settlement
January 4, 2008 9:28 am | by Meg Kinnard, Associated Press Writer | News | CommentsDiamond Pet Foods, which made contaminated pet food that killed dozens of dogs in the U.S., will pay $3.1 million in a settlement with pet owners.
