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.
Remaining competitive in today's global market is a challenge for the manufacturing industry - especially when faced with a critical shortage of skilled labor. Improving talent management practices, particularly in the areas of recruitment and training, can help manufacturers find and retain competent employees.
Company is still in talks with UAW on workforce impact.
An Indian industry survey is reporting 13 percent growth in manufacturing for the first nine months of the current fiscal year.
Volvo currently holds a 19 percent stake in the company.
Honda part supplier's expansion project at Winchester location will net 125 new jobs.
Car manufacturer will bring 400 new jobs to New Mexico; facility will produce 10,000 cars per year.
Brazilian plant will assemble 50,000 Hyundai pickup trucks and SUVs annually.
EU environment ministers would agree to 30 percent if other industrialized nations match Europe's efforts to curb global warming