News
ArcelorMittal Merger Gets Shareholder Approval
November 5, 2007 10:06 am | CommentsOnce the legal documents have been notarized, the merger will take effect Nov. 13, completing the $41 billion process that creates the world's largest steel maker by volume.
Motorola Subsidiary Bids For Radio Equipment Maker
November 5, 2007 10:00 am | CommentsMI Inc.'s $108 million planned bid would give the company 80 percent stake in Japanese two-way radio equipment maker Vertex Standard Co.
NAM President In China For Trade Talks
November 5, 2007 5:57 am | CommentsJohn Engler leads delegation that will meet with top Chinese officials and business leaders to share the views of U.S. business.
Conference Board Names CFO, VP
November 5, 2007 5:45 am | CommentsJames H. Slamp has been named executive vice president and chief financial officer, replacing the retiring George Convery.
Honeywell To Acquire Maxon Corp.
November 5, 2007 5:03 am | Comments$185 million deal means the privately held industrial combustion controls business will become a part of Honeywell's Environmental and Combustion Controls unit.
Steel Fabrication Company Opening Plant In Idaho
November 5, 2007 5:03 am | CommentsUtah-based Petersen Inc. building a new, 250-employee machine facility in Pocatello, Idaho, because the company says it can't find enough qualified workers in Utah.
Manufacturing Music To The Ears Of Ohio Symphony
November 5, 2007 4:57 am | CommentsSpringfield Symphony Orchestra concert features an entire program of modern American music while images of manufacturers play out on screens above the orchestra.
Regal Beloit Acquires Motors, Fans Business
November 5, 2007 4:53 am | CommentsWisconsin-based maker of motion-control and power generation products bought the business from Indian company Alstom.
Stora Enso Investing In Belgian And German Mills
November 5, 2007 4:49 am | CommentsNordic paper maker hopes $375 million investment will improve energy efficiency at the two European mills.
Boston Scientific Selling Two Divisions For $750M
November 5, 2007 4:43 am | CommentsMedical device maker to sell its cardiac and vascular surgery businesses to Getinge Group in all-cash deal.
U.S. Commerce Secretary Sees Potential In Vietnam
November 5, 2007 4:34 am | by Ben Stocking, Associated Press Writer | CommentsVietnam's economy is growing more than 8 percent a year, and foreign investment is expected to reach $13 billion this year.
Nanometrics Names New CFO
November 5, 2007 4:32 am | CommentsGary C. Schaefer, formerly the internal audit consultant for the semiconductor manufacturing equipment maker, will take over the post immediately.
Autoliv, Alexza Form Manufacturing And Supply Deal
November 5, 2007 4:28 am | by Edited by Manufacturing.net Staff | CommentsAirbag and seatbelt maker to supply chemical heat packages for Alexza Pharmaceuticals' single-dose Staccato system.
Cargill Recalls 1 Million Pounds Of Ground Beef
November 5, 2007 4:27 am | by Jon Krawczynski, Associated Press Writer | CommentsRecall affects 10 states and is the second this month for Cargill; meat may be contaminated with E. coli.
PCs Losing Dominance In Japan
November 5, 2007 4:16 am | by Hiroko Tabuchi, Associated Press Wrier | CommentsThe computer's once-dominant monopoly on processing power is encroached by gadgets like smart phones that act like pocket-size computers and Internet-connected game consoles.
Ford, UAW Reach Tentative Contract Deal
November 5, 2007 4:15 am | by Tom Krisher and Dee-Ann Durbin, AP Auto Writers | CommentsIf approved by the 54,000 workers who would be affected, automaker's plan would allow it to pay new hires less and move retiree health care obligations to a union-run trust.
Military Jet Delays Could Cost EADS $2 Billion
November 5, 2007 4:02 am | by Emma Vandore, AP Business Writer | CommentsSix-month delay for its A400M military aircraft has some investors worried EADS will see a 'mini A380 scenario' in terms of a financial impact.
Feds List Chemicals Terrorists Can Use
November 2, 2007 7:34 am | by Eileen Sullivan, Associated Press Writer | CommentsHomeland Security Department releasing final list of chemicals that businesses must report to keep dangerous materials out of the hands of terrorists.
CAT Board Approves Henricks As VP
November 2, 2007 7:30 am | by Edited by Manufacturing.net Staff | CommentsGwenne Henricks appointed vice president of newly formed Electronics & Connected Worksite Division.
Canadian Unemployment Hits 33-Year Low
November 2, 2007 6:42 am | CommentsCanadian dollar reaches an all-time high as news spreads that the economy created nearly six times more jobs than anticipated in October.
