Defense contractor BAE Systems said it is permanently closing its manufacturing plant in East Tennessee in a move that will eliminate 173 jobs.
Excluding tax hikes which were effective in January, producer price index was up 3.5 percent, the Office for National Statistics said.
Industrial production in Europe's biggest economy was down 2.6 percent in December, much worse than the 0.6 percent increase that economists had forecast.
Orders to U.S. factories posted 1 percent gain, double 0.5 percent forecast by economists, and adding to evidence that manufacturing is supporting economic recovery.
State-owned Czech brewery Budvar, which has been fighting long legal battle over Budweiser brand, said production fell 2.5 percent in 2009.
Company will close boat factory in Minnesota and move production of Crestliner and Triton boats and pontoons to plants in New York, Missouri and Indiana.
Company said Wednesday it will close an iron pipe-manufacturing plant in Alabama by March 31, eliminating 260 jobs.
Aluminum manufacturer said Tuesday that its engineered products division will be realigned and that there are now two new chief operating officers.
Company and union officials say steel maker is planning to restart blast furnace at northwestern Indiana mill, which could put hundreds of workers back on the job.
Thai unit of General Motors secured $409 million of loans from local banks and a cash infusion from GM, allowing it to restart expansion plans in Thailand.
Maker of Major League Baseball hats has chosen its New York plant to survive as company’s sole U.S. production facility and will close its Alabama plant later this year.
Photovoltaic module manufacturer plans its first U.S. solar manufacturing plant in Goodyear, Ariz., that will employ more than 70 workers when it opens.
Minnesota state health inspectors have declared the operations of food maker Parkers Farm as safe, weeks after it recalled its cheese and peanut products.
Drugmaker said it will scrap testing of roughly 100 experimental drugs from its combined research operations with Wyeth to focus more resources on its priority areas.
Dutch automaker, which hasn't made a profit in 11 years, must turn two loss-making car companies into one profitable one while operating under mountain of debt.
Italian official criticized Fiat's decision to temporarily halt production at its Italian plants while the automaker urges the government to continue cash-for-clunkers incentives.
Saab brand gets lifeline with sale to Spyker and GM will get $74 million in cash plus $326 million worth of preferred shares in Saab.
Company’s chemical plant in Baton Rouge, La., one of the largest facilities in the world that makes isopropyl alcohol, has started work on expanding production.
Fiat CEO said that a new Chrysler plant that will build Fiat engines in northern Michigan represents ‘a huge step forward’ for the integration of Chrysler into Fiat.
Groundbreaking scheduled for Feb. 3 for Louisiana Sugar Refining joint venture in Gramercy, La., that could produce a million tons of sugar a year.
Russian-owned steelmaker will restart its plant in Warren, Ohio, soon and bring its coke plant in Follansbee, W. Va., to full production by end of January.
EU to investigate a plan by iron ore miners Rio Tinto and BHP Billiton to combine some operations because authorities suspect it could damage competition.
Wireless equipment maker will increase total layoffs to 6,500 from the 5,000 previously planned after reporting a 92 percent drop in fourth-quarter profit.
Over 900 car dealers nationwide have signed up to appeal decisions by General Motors and Chrysler to revoke their franchise agreements and shut them down.