The Leading Source for Manufacturing News & Insight
Boeing Receives Order For 20 Next-Gen 737-800s
December 10, 2007 6:02 am | by Edited by Manufacturing.net Staff | News | CommentsBabcock & Brown Aircraft Management purchased the next-generation planes valued at $1.5 billion.
Deadline Approaching For Sparrows Point Mill Sale
December 10, 2007 6:00 am | News | CommentsProspective buyer E2 Acquisition Corp. says the $1.35 billion deal has been delayed by talks between owner Mittal Steel and the United Steelworkers over payment of retiree benefits.
China Automotive Signs U.S. Aftermarket Supply Deal
December 10, 2007 5:43 am | News | CommentsPower-steering components and systems supplier signed its first aftermarket supply contract in the U.S. with aftermarket supplier Dorman Products Inc.
Myers Industries' $1.1 Billion Buyout Delayed
December 10, 2007 5:41 am | News | CommentsRubber and plastic manufacturer said its acquisition by a private equity arm of investment bank Goldman Sachs Group Inc. is being delayed until April 30.
China-Led Takeover Group Drops Bid For Nufarm
December 10, 2007 5:00 am | News | CommentsConsortium led by China National Chemical Corp., or ChemChina, is pulling out of a takeover bid for Australian agricultural chemicals company Nufarm Ltd.
Hewlett-Packard To Buy NUR Macroprinters
December 10, 2007 4:57 am | News | CommentsHP agrees to pay $117.5 million for Israel-based NUR Macroprinters Ltd., maker of industrial wide-format digital inkjet printers.
Lafarge Pays $12.9B For Egypt's Orascom Cement
December 10, 2007 4:53 am | by Emma Vandore, Associated Press Writer | News | CommentsWorld's largest cement maker is buying Oasacom Cement, a leading player in the cement and building materials industry in the Middle East and Mediterranean basin.
Teledyne To Buy Underwater Components Maker
December 10, 2007 4:50 am | News | CommentsElectronic components and instruments maker agrees to buy Impulse Enterprise, a San Diego-based maker of underwater electrical interconnection systems.
Trian Raises Stake In Cadbury Schweppes
December 10, 2007 4:45 am | News | CommentsHedge fund group run by billionaire Nelson Peltz increases holdings in chocolate maker to 4.5 percent.
MeadWestvaco Turns To Rail For Paper Shipments
December 10, 2007 4:43 am | News | CommentsPaper company's decision to move its product by rail will remove at least 400 trucks a week from the crowded Interstate 64 corridor in Virginia.
Japan's Eisai Buying MGI Pharma For $3.9 Billion
December 10, 2007 4:41 am | by Carl Freire, Associated Press Writer | News | CommentsJapanese drugmaker purchasing the U.S. biopharmaceutical company to boost its cancer drug business and sustain sales growth.
Volvo Expanding Presence In India
December 10, 2007 4:34 am | by Rajesh Mahapatra, AP Business Writer | News | CommentsAutomaker reached a tentative deal with India's Eicher Motors to set up a joint venture combining the companies' truck and bus businesses.
Timken To Form Wind Turbine Bearings Joint Venture
December 10, 2007 4:31 am | News | CommentsMaker of engineered bearings and steel products agreed to form the joint venture with Chinese heavy equipment manufacturer Xiangtan Electric Manufacturing.
Fire Closes Wyoming Concrete Plant
December 10, 2007 4:27 am | News | CommentsBlaze at Cretex Concrete Products West plant damaged two storage rooms, the boiler room and a testing room, forcing it to close down.
Renault Buys Stake In Russian Automaker
December 10, 2007 4:23 am | News | CommentsFrench automaker said the deal would promote development of Avtovaz, which has struggled against growing automobile imports and locally produced models of Western vehicles.
Not Happy With Your Job? It’s A Question For The Ages.
December 7, 2007 9:00 am | by Amy Radishofski, Staff Reporter | Articles | CommentsBy Amy Radishofski, Staff Reporter, Manufacturing.netStudy finds worker satisfaction is alarmingly low among 21-30 year olds. However, the reason for it may rest with their managers rather than the employees.
More Chrysler Job Cuts Ahead?
December 7, 2007 6:47 am | by Tom Krisher, AP Auto Writer | News | CommentsRecent comments by Chrysler top executives lead some analysts and employees to believe the automaker is preparing for further cuts in models, capacity and jobs.
Magna Expects BMW Mini SAV Sales To Top $1 Billion
December 7, 2007 6:02 am | News | CommentsCanadian auto supplier's Magna Steyr unit will be responsible for development and production of BMW Group's Mini sports activity vehicle.
Magna International President To Step Down
December 7, 2007 6:00 am | News | CommentsMark Hogan will leave the Canadian auto supplier at the end of the year to pursue other opportunities.
Payrolls Rise By 94,000, Unemployment Rate Steady
December 7, 2007 5:17 am | by Jeannine Aversa, AP Economics Writer | News | CommentsPayroll additions, an unemployment rate at 4.7 percent and wages growing briskly are encouraging signs the country's employment climate is holding up.
