New owner Schaeffler Group KG will divide Continental’s operations into two divisions with tire and rubber plants in northern Germany and auto parts plants in the south.
State regulators contend New Center Stamping Inc. failed to adequately protect employees from serious safety hazards discovered during inspections in the fall of 2008.
Farm-equipment maker will fire 502 workers at an agricultural harvesting equipment plant in Brazil and 190 employees at a construction equipment plant in Davenport, Iowa.
Despite Chrysler's U.S. sales down 30 percent last year and an economic recession, dealers are answering the automaker's call to order more cars and trucks.
Japan's No. 1 automaker expects to roll out 3 million vehicles at the parent level, 'the minimum necessary' for Toyota to keep its full-time workers, a Japanese newspaper said.
Plane maker's customers will benefit from $6.4 billion in new state-backed bank financing aimed at supporting the aeronautic industry, a Finance Ministry official said.
Automaker is investing in new products, planning for slow sales and looking to incentives to help it sell its way out of the downturn, President and Vice Chairman Jim Press said.
By Jacob Ukelson, D.Sc., chief technology officer of ActionBaseUnstructured, ad-hoc business processes are a bit of an oxymoron -- how can a process be unstructured and still be a process?
After federal regulators approved the deal, Dow Chemical is in talks with Rohm & Haas about closing its $15.4 billion buyout of the specialty chemicals maker.
Ten days after cutting its Sioux Falls work force in half, Hutchinson Technology said Friday it's closing the plant and laying off the remaining 300 employees.
Company will idle its electric arc furnace in Mingo Junction, Ohio, next month because of poor steel market conditions.
British economy has officially sunk into recession, with output falling 1.5 percent in the fourth quarter of last year as the financial crisis ravaged banks, retail and manufacturing.
Motorcycle maker said Friday it will cut 1,100 jobs over two years, close some facilities and consolidate others as it grapples with a slowdown in motorcycle sales.
Aluminum producer is cutting jobs at its Davenport Works plant in the Quad Cities as part of a worldwide reduction.
German corporation said it will delay the planned start of stainless steel production at a $4 billion plant in Alabama.
Wall Street Journal reported Friday that the world’s largest drug maker may be seeking to buy rival Wyeth in a deal that could be valued at more than $60 billion.
Treasury Secretary-designate says President believes China is 'manipulating' its currency, a declaration that American manufacturers have long been fighting for.
Automaker is considering cutting more than 1,000 full-time jobs in North America and the United Kingdom to cope with faltering global demand, a news report said Friday.
Japan's biggest steelmaker is reducing steel production for the fiscal year through March by more than 4 million tons, the biggest drop since the company was set up in 1970.