Midwest manufacturing activity took a breather in January, dragged lower by the auto and machinery sectors. The Federal Reserve Bank of Chicago said Monday its Midwest Manufacturing Index fell 2.3 percent in January, to a seasonally adjusted level of 102.1, its lowest reading since October 2005. Revised data show
Specialty gas producer's sales growth due to higher volumes and higher pricing globally.
Pepsi will built a $101 million manufacturing and distribution facility in Las Vegas.
Chinese government's favorable environment and investments are pushing adoption of IT applications, according to report from CCID Consulting.
Chinese company aims to have large aircraft in production by 2020.
Resulting company would have the world’s fourth largest jackup fleet.
U.S. private equity firm agrees to buy minority stake, after earlier bid for majority share of Xugong Group Construction Machinery was rejected.
Cites sharp increase in tin-metal costs.
Price of oil dips below $57 a barrel.
Noble International Ltd. announced Friday it has signed a $285 million deal to acquire the laser-welding operations of Arcelor Mittal.
For February, industrial production was up 1 percent and capacity utilization was up 2.3 percent, according to the Federal Reserve.
Northrop Grumman Corp. has received an Air Force contract valued at $287 million for unmanned aerial systems.
Data released Friday by the Bureau of Labor Statistics noted an increase of 0.5 percent for February.
Caterpillar has announced that Mark Pflederer will replace Rod Bussell as vice president for the Heavy Construction & Mining Products Division.
Ghosn will continue as CEO of both Nissan and Renault; two factories in Japan expected to close.
Recent reports on aircraft-maintenance outsourcing have questioned its safety. Those in the industry, not surprisingly, disagree. The FAA is OK with it, so it must be fine, right? Read on - and enjoy your next flight.
Investment will stretch over three years.
Investment in factories jumped by 23 percent in first two months of the year.
Boeing has more than 400 orders for the commerial airliner.
Survey from the Federal Reserve Bank of Philadelphia shows manufacturing activity in the region unchanged from February, but future indicators for the next six months slip.