Expansion of Baldwin Filters' Kearney plant will be delayed because the anticipated price tag exceeded the expected $20 million.
Food maker said Monday it closed an exchange offer for the sale of its Post cereals business to a subsidiary of private-label food maker Ralcorp Holdings Inc.
Global sales of semiconductors grew 5.4 percent to $127.5 billion in the first half of 2008 due mostly by overseas demand, the Semiconductor Industry Association said.
Seamus McBride has been named president and chief executive and will succeed Andreas Gembler who is retiring.
Pharmaceutical company said Chief Financial Officer Mariam Morris resigned, effective Aug. 1 and Chief Accounting Officer Jan Smilek will serve as acting finance chief.
Aigo CEO Feng Jun is a prominent member of a wave of entrepreneurs striving to break with China's status as a cheap, anonymous factory and join the global elite.
Motorola has named Sanjay Jha, the chief operating officer of Qualcomm, to head its handset division, which is being prepared for a spin-off as a separate public company.
Workers want the same pay as their peers at Cessna Aircraft, but the company contends its hourly wages are only 30 cents less than Cessna and points out that Cessna has higher profits.
Commerce Department reported Monday that consumer spending, after adjusting for inflation, dipped by 0.2 percent in June, the poorest showing since a similar drop in February.
Manufacturer said Monday it agreed to sell its Marine business to Italian ship builder Fincantieri Marine Group Holdings for $120 million in cash.
Japanese consumer electronics company said it will build new facilities and enhance existing lines in Japan, in addition to increasing production in Singapore and China.
RV maker will have to pay the state more than $3 million if it proceeds with plans to lay off 1,400 workers in northern Indiana, a state official said.
World's largest steelmaker said Monday it would build a $600 million steel mill in Mexico and buy a coking coal plant in the U.S.
Flooring manufacturer blames declines in the U.S. residential construction market for the layoffs of as many as 95 workers.
A safety valve at a plant in La Porte, Texas released benzene spray late Saturday night, coating about two dozen cars with the substance.
Carmaker on Monday announced its new "ECO Pedal" system, which makes the gas pedal press upward when it senses motorists are speeding up too quickly.
Nation's unemployment rate climbed to a four-year high in July as employers cut 51,000 jobs; economy has lost a total of 463,00 jobs so far this year.
The Institute for Supply Management reported that manufacturers' business was flat in July, as higher prices and tight credit kept them from expanding, but exports propped them up.
By Amy Radishofski, Features Editor, Manufacturing.netManufacturing in the U.S. is clearly facing a bumpy road, according to the 2008 Manufacturing & Wholesale Distribution National Survey, though there are tools available to help manufacturers strengthen their bottom line in these uncertain economic times.
Manufacturing plant operated by Airbus in Laupheim, Germany, will be sold to Germany's Diehl Aerosystems and France's Thales SA, officials said Friday.