With the global economy edging toward recession, the specter of diminishing oil supply has been blown away by a stunning lack of demand that now has the market in a stranglehold.
Japanese automaker is cutting production of its Altima models at assembly plants in Tennessee and Mississippi due to sluggish U.S.demand.
The conference will feature an industry executive panel discussion on the #1 challenge for the process industries, "Knowledge Retention: Dealing with...
Prices on personal computers appear to be holding steady, but buyers may get better deals soon as computer companies try to avoid getting stuck with a pile of unsold inventory on Dec. 31.
By Anthony Mar, Product Marketing Manager, Embotics Virtualization has the potential to reduce IT costs and enable more flexible processes and faster service innovation, but mismanagement can increase costs and vulnerability to risk.
Diversified manufacturer said Tuesday it will close some plants as it deals with higher costs, a slowdown in the housing market, and lower profit.
Automaker's North American unit gave workers until mid-November to withdraw from the buyout program, as they may want to reconsider in light of the economic slowdown.
Tire maker said Tuesday it launched a capacity study of its U.S. manufacturing facilities that will likely lead to consolidation or restructuring.
Global producer of high-strength steels selected Mobile, Ala., as the site for a new steel plate heat treating plant that will bring approximately 180 new jobs to the facility.
Arms manufacturers will have to seek new markets as the economic crisis and changing priorities curb military spending in the U.S. and Europe, said analyst Jane's Information Group.
Negotiations to end a 45-day Machinists union strike against the Boeing Co. will resume Thursday with a federal mediator in Washington, D.C.
Ohio-based Cooper Tire & Rubber Co. says it will likely close one of four U.S. manufacturing plants in the coming months due to slumping demand for tires.
Company’s emphasis will shift to design and licensing as it moves production of its hand-crafted tableware and shuts down its Ridgeland manufacturing facility in 2009.
German court opened a new hearing of a suit by former shareholders over the handling of the 1998 combination of Daimler-Benz with Chrysler.
Eastman Kodak said it struck a licensing deal with cell phone maker Nokia Corp. that gives each company access to the other's intellectual property.
New biological drugs thought to be safer than traditional chemical-based medicines produce side effects that lead to safety warnings soon after they go on the market, a study found.
Downturn in the automobile industry and the global economy will delay construction of the Kumno Tire plant in south Bibb County.
United Auto Workers President Ron Gettelfinger says talk of a merger between GM and Chrysler has workers concerned about their future after dedicating their lives to the corporations.
Company to lay off 180 workers in Fort Smith, Ark., because orders have dropped, but says the workers may be called back when the economy improves.
Commercial and military aircraft parts maker said Tuesday it has signed a deal to supply structural parts and components for Continental Airlines' fleet of Boeing aircraft.