VW joins Renault and Hyundai in taking a pass on Chrysler.
Joel Staff will retire as CEO, Mark Jacobs will become president, CEO and board member, and Brian Landrum will become COO.
Utilities must generate one-quarter of their power from renewable sources by 2025.
Future factory hiring and capital spending is forecasted to experience growth also, according to a report released Thursday by Federal Reserve Bank of Kansas City.
DaimlerChrysler cancels plans to build a new engine plant in Kenosha County.
Data released by the Department of Labor noted a decrease in employment for the week ending February 17.
Cincinnati company challenged by high oil and resin prices, and downturn in new business orders.
Report by Frost & Sullivan expects the generator set market to grow from $281.1 million in 2006 to $504.1 million in 2013.
It will appeal the European Commission’s fine since the 9 employees involved are no longer with the company.
AC-DC SPS market is also growing in other Asian countries, but at a slower rate, according to Frost & Sullivan report.
The Confederation of British Industry is reporting that book levels for manufactured goods is at a 12-year high.
Research from Frost & Sullivan expects the market to see revenues of $138.9 million in 2012.
Best-in-class food and beverage manufacturers lead their peers in operational metrics according to a five-month study recently announced.
The Manufacturer's Alliance/MAPI is predicting that manufacturing production will fall behind GDP over the next two years.
Companies involved in the cartel include KONE, Mitsubishi Elevator Europe B.V., Otis, Schindler and ThyssenKrupp.
Employees at the Smyrna and Decherd plants have the option of taking a $45,000 lump sum with $500 for each year of service.
AK Steel said Wednesday that it will increase spot market prices for its carbon steel products by $40 per ton for all new orders accepted for shipment on April 1, 2007 and later. According to a statement released by AK Steel, the price increase is in response to increased demand for carbon steel products, as well
Delphi has signed a non-binding agreement with The Renco Group for the sale of its interiors and closures business.
Acquistion will allow Scania to boost capacity to 100,000 vehicles by 2010.
Sale includes PET polymers manufacturing assets and related polyester resins business.