News
Johnson Controls Cuts Jobs As It Moves Work Offshore
December 6, 2007 4:41 am | CommentsCompany moving the manufacture of automotive armrests and headrests to Mexico, forcing 100 layoffs at its plant in Kentucky.
House To Vote On Renewable Energy, Fuel Efficiency
December 6, 2007 4:33 am | by H. Josef Hebert, Associated Press Writer | CommentsDemocratic leaders want to pass an energy bill that would repeal billions in oil industry tax breaks and require a major increase in automobile fuel economy.
Patheon Selling OTC Manufacturing Business To Pharmetics
December 6, 2007 4:29 am | CommentsPharmetics will acquire Patheon's operations in Fort Erie and Burlington, Ont., for $5.75 million and continue employing entire workforce.
Hundreds Of Toys Containing Lead Found In Stores
December 5, 2007 10:43 am | by Jeff Karoub, AP Business Writer | CommentsTests performed by a coalition of environmental health groups on more than 1,200 children's products, most still on store shelves, found that 35 percent contain lead.
Survey: Consumer Products Companies' Optimism Down
December 5, 2007 10:40 am | by Edited by Amy Radishofski, Staff Reporter | CommentsConsumer products executives are less optimistic about the domestic economy for the next 12 months but more confident about the world economy and revenue projections.
Paulson: Product Safety Key In Chinese Economic Talks
December 5, 2007 10:13 am | by Foster Klug, Associated Press Writer | CommentsTreasury Secretary says China's ability to manage the safety of its goods will be a key part of Beijing's future growth and of its trade relations with the U.S.
Kennametal Chief Executive New Chairman
December 5, 2007 5:56 am | CommentsPresident and Chief Executive Carlos Cardoso will replace Larry Yost as chairman on Jan. 1, the industrial products maker said.
Trina Solar Developing $1 Billion Polysilicon Plant
December 5, 2007 5:51 am | CommentsSolar-products maker says it agreed to develop the plant by 2012 with assistance from the local government in China's Jiangsu Province.
GE Recalls 92,000 Microwaves
December 5, 2007 5:45 am | CommentsCombination wall and microwave ovens recalled after at least 35 incidents of fire that damaged property.
U.S. Factory Orders Make Surprise Jump
December 5, 2007 5:43 am | by Martin Crutsinger, AP Economics Writer | CommentsCommerce Department reported orders to U.S. factories unexpectedly rose in October by 0.5 percent, although much of the gain reflected higher energy prices.
U.S. Productivity Races Ahead
December 5, 2007 5:35 am | by Martin Crutsinger, AP Economics Writer | CommentsLabor Department reports worker productivity had its best showing since the summer of 2003, far bigger than had been expected.
Chemical Companies Fined $358M By EU
December 5, 2007 5:30 am | by Constant Brand, Associated Press Writer | CommentsEuropean Union regulators fined five companies — including DuPont and Dow Chemical Co. — for fixing the price of chloroprene rubber.
Strateline Industries Reopening Plant Site In Arkansas
December 5, 2007 5:25 am | CommentsMaker of wet wipes and other products from recycled materials will open a $63 million manufacturing facility in Rogers at plant that had been closed since last year.
BBQ Sauce Spills From Iowa Heinz Plant
December 5, 2007 5:25 am | CommentsOfficials say about 500 gallons of barbecue sauce were spilled into a creek in Muscatine before malfunctioning equipment could be shut down.
Report: Chinese Auto Exports Rise But Revenues Lag
December 5, 2007 5:01 am | by Elaine Kurtenbach, AP Business Writer | CommentsChinese Commerce Ministry report attributes discrepancy between the increase in export volume and sales to 'unhealthy competition' in the passenger car industry.
Hyundai Enters High-End Car Market
December 5, 2007 4:54 am | by Kelly Olsen, AP Business Writer | CommentsNew Genesis sedan is automaker's first foray into the market for luxury cars dominated by the likes of BMW, Mercedes-Benz and Lexus.
Continental Focused On Growth After VDO Acquisition
December 5, 2007 4:43 am | by Christoph Rauwald, Dow Jones Newswires | CommentsChief executive of automotive components and tire maker says company will focus on growth and not cost cuts after its acquisition of Siemens AG's VDO auto unit.
Wisconsin Clarinet Factory To Close
December 5, 2007 4:40 am | CommentsLeblanc clarinet factory — whose history dates back centuries in France — will shut down, cutting the final 100 jobs at the facility.
Toyota Pays For Employee Education In Kentucky
December 5, 2007 4:33 am | CommentsAutomaker says it will pick up the tab for as many as 300 of its employees who attend college, paying a $2,500 tax-free maximum to students.
Fiat To Revamp Auto Plant Near Naples
December 5, 2007 4:27 am | CommentsItalian car maker spending $102.9 million to improve efficiency and competitiveness at the production facility so it can begin producing new car models.
