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September Jobs Growth Well Below Expectations; August Numbers Revised Higher
October 6, 2006 2:24 am | by Tom Granahan, Editor-In-Chief, Manufacturing.net | News | CommentsThe U.S. economy created far fewer jobs than expected in September, but revisions to prior months’ employment numbers softened the blow. The Labor Department reported Friday that nonfarm payrolls rose by 51,000 last month, well below the 120,000 or so that was expected. The overall unemployment rate edged down to 4.6%
AGCO Cuts Sales Outlook, Citing Softer Market Conditions
October 6, 2006 2:21 am | by Manufacturing.net Staff | News | CommentsThe company now expects sales to decline 2 to 3 percent versus 2005, and 2006 adjusted earnings per share to be approximately $1.00.
OSHA Proposes Heavy Fine For Connecticut Electronics Manufacturer
October 6, 2006 12:41 am | by Andrea Lyn Van Benschoten, Web Editor, Manufacturing.net | News | CommentsA Connecticut-based manufacturer of electronic products faces up to $315,000 in fines from OSHA for multiple workplace hazards found at its plant.
Northwest Places Jet Orders With Bombardier, Embraer
October 6, 2006 12:30 am | by Manufacturing.net Staff | News | CommentsNorthwest placed an order for 36 Bombardier CRJ900 and 36 Embraer 175 aircraft models.
Airbus Confirms Further A380 Delays
October 6, 2006 12:09 am | by Andrea Lyn Van Benschoten, Web Editor, Manufacturing.net | News | CommentsAirbus President and CEO Christian Streiff also announced this week a new restructuring program called “Power8,” which will include a 30 percent cut in costs, primarily from job cuts.
Just The Facts: Modern Manufacturing Driving Economy, But Faces Bumpy Road
October 5, 2006 8:12 am | by Amy Radishofski, Staff Reporter, Manufacturing.net | News | CommentsAccording to “The Facts About Modern Manufacturing,” manufacturing output is high, but challenges loom.
Mittal Steel Idling Two Blast Furnaces
October 5, 2006 5:08 am | by Manufacturing.net Staff | News | CommentsSteelmaker responding to reduced demand for light flat-rolled products; no employee lay-offs.
China Threatens Retaliation Over New EU Anti-Dumping Tariffs
October 5, 2006 3:55 am | by Andrea Lyn Van Benschoten, Web Editor, Manufacturing.net | News | CommentsThe European Union has imposed an anti-dumping tariff on imports of Chinese and Vietnamese made leather shoes.
K-Tron Acquires Premier Pneumatics
October 5, 2006 3:44 am | by Manufacturing.net Staff | News | CommentsK-Tron International announced Thursday the acquisition of privately held Premier Pneumatics Inc.
The New World Of Work In High-Tech Manufacturing
October 5, 2006 3:41 am | by Anita LaFond, News Editor, Manufacturing.net | News | CommentsFor high-tech manufacturers, bringing the right products to market at the right time, while competing in a global economy, is a day-to-day challenge. The challenge is becoming more problematic as rapid changes in technology, both at the consumer end and across the manufacturing organization, affect how high-tech manufacturers approach their work environment.
Ryerson Acquires Lancaster Steel
October 5, 2006 2:52 am | by Amy Radishofski, Staff Reporter, Manufacturing.net | News | CommentsFinancial terms for the deal were not disclosed.
Fujitsu Recalling Sony Batteries
October 5, 2006 2:50 am | by May Wong, Associated Press | News | CommentsCompany will recall 287,000 batteries due to overheating/fire risk.
OPEC Considering Emergency Meeting To Discuss Cutting Output
October 5, 2006 2:38 am | by Bashir Adigun, Associated Press | News | CommentsMembers may meet to discuss oil output after prices reach a seven-month low.
Auf Wiedersehen? Airbus Mulls Transfer Of A380 Production To France
October 5, 2006 1:38 am | News | CommentsAirbus is considering a transfer of A380 production work to France from Germany, and assembly of a planned A350 mid-sized jet could also be based at Toulouse.
Hillenbrand Industries Looks To Outsource Indiana Manufacturing
October 5, 2006 1:09 am | by Manufacturing.net Staff | News | CommentsHillenbrand Industries will look to outsource some of its manufacturing operations.
Big 3? Not This Trio
October 4, 2006 5:47 am | News | CommentsGM, Renault, and Nissan call off talks on alliance.
Archer Daniels, EPA Reach Deal On Clean-Air Violations
October 4, 2006 5:00 am | by Manufacturing.net Staff | News | CommentsThe deal resolves EPA allegations that ADM violated federal hazardous air pollutant regulations for pharmaceutical manufacturing at its vitamin E production facility in Illinois.
U.S. September Factory Orders Soft; Durable Goods Orders Revised Higher
October 4, 2006 4:23 am | News | CommentsOrders to U.S. factories for manufactured goods softened for a second consecutive month as the nation's manufacturing sector sent signals it was shifting into a lower gear.
Eurozone Manufacturing Activity Remains Healthy
October 4, 2006 4:10 am | by Andrea Lyn Van Benschoten, Web Editor, Manufacturing.net | News | CommentsThe Eurozone Composite Outlook Index marked an increase for the 38th month in September, but growth did slow, according to the Report on Eurozone Manufacturing and Services by the Royal Bank of Scotland.
Stora Enso To Close Two Mills
October 4, 2006 2:21 am | by Manufacturing.net Staff | Articles | CommentsCompany cites lack of profitability for closings.
