Coca-Cola began bottling its famous soft drink in Myanmar on Tuesday as part of a planned five-year, $200 million investment after having no local production for more than 60 years. The return of Coca Cola is emblematic of the opportunities U.S. companies see in Myanmar as it builds a free market economy after decades of military rule.
A measure of U.S. manufacturing fell in May to its lowest level since June 2009 as slumping overseas economies and a pullback in business spending reduced new orders and production. The Institute for Supply Management says its index of manufacturing activity fell to 49 last month, down from 50.7 in April.
The company said Thursday that by the end of next month, it will triple the number of charging stations it runs from the current eight, and the number will go to around 100 in the coming year, putting stations within reach of almost the entire populations of both countries.
Cellphone pioneer Motorola announced Wednesday that it's opening a Texas manufacturing facility that will create 2,000 jobs and produce its new flagship device, Moto X, the first smartphone ever assembled in the U.S. The company has already begun hiring for the Fort Worth plant.
Amway Corp. is building an $81 million manufacturing and warehouse facility near the company's headquarters in West Michigan. The direct-sales giant on Wednesday announced the official start of construction of the 317,000-square-foot facility near its headquarters in Kent County's Ada Township.
The expansion will require an additional 290,000-square-foot facility adjacent to its current two buildings, Gov. Nathan Deal said in a written statement. The company's current facility, formerly Unisia of Georgia Corp., was established in Monroe —about 45 miles east of downtown Atlanta — in 1996.
The lab, slated to conduct research on dangerous animal diseases, will replace an aging facility on Plum Island, N.Y. State officials expect the lab to create more than 300 new jobs averaging more than $75,000 in salary and benefits. Ground was broken Tuesday under cloudy skies on the lab's central utility plant, which will provide a self-contained power supply to the lab.
New complaints about the odor coming from a Green Bay area plant that processes animal fats and food waste has some Brown County supervisors pushing harder to punish the owners if the matter isn't addressed soon. Supervisor Patrick Evans says the county has provided plenty of time for Sanimax to fix the odor problems.
South Korea's trade and energy ministry said Tuesday a company contracted to conduct tests fabricated the results for cables that failed to meet international standards for capacity to withstand changes in voltage and pressure. It warned that the plant shutdowns would result in summer power shortages.
Keeping the meltdown-stricken Fukushima nuclear plant in northeastern Japan in stable condition requires a cast of thousands. Increasingly the plant's operator is struggling to find enough workers, a trend that many expect to worsen and hamper progress in the decades-long effort to safely decommission it.
The majority of jobs will be reassigned to Mattel's El Segundo, Calif., headquarters, and workers have been offered relocation packages, but an unspecified number of employees received layoff notices, said Fisher-Price, the maker of Little People and Power Wheels.
Equipment maker Dover Corp. said Thursday that its board has approved a plan to spin off some of its communication technologies businesses into a new publicly traded company. The new company will be known as Knowles Corp. and products will include acoustic components such as microphones, speakers, receivers and transducers. It also will produce communication infrastructure components, Dover said.
Reverie is one of a growing number of small businesses that are chipping away at the decades-old trend of manufacturing overseas. They're doing what's known as reshoring, moving production back to U.S. factories as labor costs grow in countries like China and India and shipping also becomes more expensive.
The closure of the U.S. automaker's plants in the state of Victoria will mean the loss of 1,200 jobs and will transform the company into an import-only brand in Australia. Ford began making cars in Australia in 1925 and is the third largest auto manufacturer in the country.
The three Detroit carmakers traditionally shut factories for 14 days around July 4 to do maintenance and change the machinery for new models. But they don't have that luxury this year. U.S. demand for new cars and trucks has been strong, up 7 percent through April, led by soaring demand for full-size pickup trucks.
Wireless equipment maker Ericsson AB says it will close down its telecom cable manufacturing operation and cut around 350 jobs in Sweden. Ericsson said Tuesday it has given notice to 318 workers in the city of Hudiksvall in Sweden and has started negotiations with unions to cut another 36 positions in Stockholm.
From Tesla Motors, making cutting-edge cars, to Solaria, making solar panels, manufacturers are drawn to Fremont by incentives including a five-year waiver on business taxes, an expedited regulatory process, proximity to Silicon Valley firms and a skilled labor force.
A four-month strike at a car factory north of Paris has come to an end, although the workers say they will still fight a plan to close the plant. PSA Peugeot Citroen said Friday that it had signed an agreement with the CGT union to end the strike, which started in January. The CGT called the strike "suspended."
A Wi-Fi-enabled computer can connect to multiple networks at the same time. Your employees can give a hacker a pathway into your internal network simply by powering up a laptop. Imagine the mess an eco-terrorist could make if he didn’t like the look of your smokestack.
Investigators working in the remnants of an exploded Texas fertilizer plant sifted by hand through untold kernels of corn, moved tons of debris and conducted more than 400 interviews, while searching for the missing piece to solve what many officials compared to an extraordinary puzzle.
Uncomfortable working conditions lead to heat-related illnesses and decreased productivity, which negatively affect the bottom line of the business. When working conditions become distracting and debilitating to workers, personal comfort must be addressed to regain lost productivity.
Koch, based in Wichita, Kan., said it plans to invest about $1 billion in the project, with construction slated to begin in the fourth quarter of 2014 and the plant to become operational in 2016. The company said the project will increase fertilizer production by more than 1 million tons per year.
One of the largest eye care companies in the U.S. is expanding its operations in Puerto Rico. Gov. Alejandro Garcia Padilla says CooperVision will invest $250 million to build 15 new production lines, a project that will create some 350 new jobs. The company currently employs 1,600 workers at a plant in the southern town of Juana Diaz.
Today we had the pleasure of speaking with two individuals that are helping keep America’s work force comfortable. We welcomed to the show James DeSmet and Christian Taber, Director of Engineering and Operations Senior Applications Engineer (respectively) of Big Ass Fans.
Honda's new version of its Acura NSX sports car will be produced at a new plant inside one of the automaker's former facilities in central Ohio, Honda said Tuesday. The new $70 million plant, called the Performance Manufacturing Center, will be inside the former North American Logistics facility and adjacent to Honda's existing factory in Marysville.