Mexican Auto Industry Association said exports jumped 33 percent in January, while production rose by nearly 26 percent compared with the same time period in 2007.
Purported discussions of a joint venture in wireless network infrastructure a response to slowing growth in the telecommunications equipment industry.
Ford’s Monroe, Mich.-based Automatic Components Holdings plant offers workers $140,000 if they leave the automaker to take jobs with the new owner of the business.
Medical device maker said it will consolidate some operations and cut staff in restructuring plan to reduce costs.
Paper and wood manufacturer agrees to sell its Snowflake, Ariz. mill to Catalyst Paper for $161 million as part of government buyout terms.
Sixty-one percent of the public believes the economy is now suffering through its first recession since 2001, according to an Associated Press-Ipsos poll.
German Federal Cartel Office raided the offices of seven candy and chocolate makers amid allegations of a conspiracy to fix prices.
About 400 people who worked at Indiana plant before it closed last year are eligible for positions at other GM factories, such as a Kansas assembly plant that has 300 openings.
ECI Medical Technologies had 50 employees last fall with a payroll of more than $1.4 million, but only had eight employees when it closed its doors last Thursday.
Cincinnati-based Pierre Foods Incorporated is shuttering its Cedartown, Georgia, frozen food plant; 153 employees affected.
No workers were present when the fire began early Friday at the Champion Enterprises factory; facility is a total loss.
Automaker plans to significantly reduce its product lineup and number of dealerships as it rolls out a new corporate initiative, a Chrysler dealer in Texas said Friday.
Despite introducing new vehicles, some automakers and analysts predict luxury sales will fall this year as the U.S. economic woes put a pinch on high-end buyers.
Drug maker. paying to settle claims that it overcharged Medicaid programs for four drugs, including Vioxx and Zocor, and to resolve allegations of improper marketing to doctors.
Increased demand for fertilizer is driving Terra to restart annual production of 400,000 tons of ammonia later this year in a $10 million expansion at Donaldsonville, La.
Strong jobs data lends some credence to the view that the Canadian economy is faring better than its U.S. counterpart, says economist.
According to the RBC Cash Index, a new reading in early February was the worst since the index began in 2002 and surpassed the previous low reached in January.
Company that pioneered instant photography is getting out of the film business to focus on digital imaging.
Norske Skog will slash production by 504,000 tons annually, shut down one paper machine in Norway, and close mills in the Czech Republic and South Korea.
America's retailers delivered more evidence of a stumbling U.S. economy Thursday, as merchants including Wal-Mart Stores Inc. reported weak January results.
Candy maker blames the 150 layoffs on rising costs for raw materials and the company's need to reduce costs to remain competitive in the marketplace.
Plastics and resins maker will close a Canadian plant and seek a buyer for a Texas facility to offset expected pressures from high oil prices and poor auto sales in 2008.
Pratt & Whitney expects to create hundreds of jobs after winning the largest contract in its history, supplying a new generation of jet engines for Cessna's largest business aircraft.
Manufacturing company founded in Mount Airy, N.C., more than 50 years ago laying off 149 people at a manufacturing plant and a small distribution center.
Plastech Engineered Products, which filed for bankruptcy protection last week, is seeking $38 million from pre-bankruptcy lenders to keep the company running until next week.