BlackBerry's interim chief executive has shaken up BlackBerry's management team in a move seen as prelude to him taking the top job himself. Chief Operating Officer Kristian Tear and Chief Marketing Officer Frank Boulben, both hired by recently ousted CEO Thorsten Heins, will leave the struggling smartphone maker.
Ground was broken in March 2012 at the new $500 million facility for Continental Tire, the North America arm of German-based Continental AG. Officials initially said the first tire should roll off the assembly line in 2014, with the plant completely built and fully operational in 2021.
A Chinese furniture maker is establishing its first U.S. subsidiary in Virginia's Smyth County. Gov. Bob McDonnell announced the $2.1 million project Friday. He says the New Ridge subsidiary of Liaoyang Ningfeng Woodenware Co. is expected to create 125 jobs.
A report released Friday by Sen. Robert Menendez of New Jersey, chairman of Senate Committee on Foreign Relations, said Bangladeshi authorities need to make further improvements in factory safety and labor rights. The report, compiled by staff of the committee's Democratic majority, acknowledged some progress, but said the presence of labor unions is still nominal.
With more news about food and beverage recalls, there’s a growing concern that the industry won’t be able to keep up with new regulation that allows the FDA to trigger mandatory recalls at food distributors. In order to get some more details on the rules, and how companies are going to deal with the changes, we got in touch with Joe Scioscia, vice president of sales for VAI.
In the lawsuit, Philip Berger claimed he developed inflammation of the lung after breathing contaminants from a chemical used to cool cutting tools at Copeland Scroll Compressors, a firm owned by Ferguson-based Emerson Climate Technologies.
Occurrences of shoppers discovering spiders lurking in grocery-store grapes have been reported throughout the Midwest over the past month — and the issue isn’t limited to one retail chain. Budget supermarket chain Aldi pulled all grapes from its Milwaukee locations after a consumer found a black widow spider in a package of grapes from an Aldi store in Wauwatosa, Wis.
It is unclear whether the company or its executives will face criminal charges. Several lawyers who represent victims in lawsuits say health care companies charged with selling contaminated drugs often reach settlements with the federal government and agree to pay large fines.
A judge has declined to act immediately on a request to close a factory that residents say is stinking up their Southern California city with spicy smells produced by the manufacture of the popular hot sauce Sriracha.City News Service reports that Judge Robert O'Brien did agree Friday to take Irwindale's request for a preliminary injunction to close the plant under consideration.
Berry Plastics Corp. plans to close five of its manufacturing plants next year in response to weak demand for the company's plastic containers and packaging. The Evansville-based company announced the closures Friday during a quarterly earnings call with investors. The plants will close by Sept. 30, 2014, and cost about 200 workers their jobs.
The Obama administration said Friday it will lose $139 million on a loan to struggling electric car maker Fisker Automotive Inc. after selling part of the loan to a private investor that immediately took the company into bankruptcy. Hybrid Technology LLC, the California car marker's new owner, said it plans to keep Fisker operating after it emerges from bankruptcy.
Dow Chemical Co. said Friday that it is selling its stake in lithium-ion battery maker Dow Kokam LLC for an undisclosed amount. That will make the buyer, MBP Investors, an affiliate of investment firm Townsend Ventures, the majority owner of Dow Kokam. The venture's products are used by marine, defense and industrial customers.
State officials say a locomotive manufacturer is establishing an assembly and fabrication plant in Knoxville, adding 203 jobs over the next three years.Officials say Knoxville Locomotive Works will establish the plant in Knoxville to satisfy new Environmental Protection Agency emission requirements for trains.
The Ohio Inspector General found that $34 million in requested refunds dating back several years were placed on pending status and therefore not paid out, according to the report, which said the practice violates Ohio tax law and dates to at least 1999. That doesn't include interest required to be paid on refunds.
More places to "refuel" would diminish worries of getting stranded with a dead battery, and widespread adoption of the cars would help the state meet ambitious air quality goals. Instead of Californians plugging in, however, progress has been plugged up: 110 of the 1,040 stations that NRG committed to installing by early December are ready.
A new $110 million energy research center dedicated by Clemson University will not only help develop a new generation of wind energy but will strengthen the grid by which electric power is distributed, U.S. energy and university officials said.
Three executives in Japan's automotive parts industry have agreed to plead guilty to a price-fixing conspiracy and two more have been indicted in the U.S. investigation, the government said Thursday. The plea agreements filed in Detroit and the indictment filed in Toledo were announced Thursday by the U.S. Department of Justice.
Ford Motor Co. says it will spend $150 million to upgrade its Buffalo-are plant and add 350 jobs, which would push employment to just under 1,000. The automaker has a stamping plant in the suburb of Hamburg, where pieces of metal called blanks are stamped into hoods, floor panels and other car parts.
General Electric Co. says it will close a northern New York electrical capacitor plant that employs about 200 workers.The Fairfield, Conn.-based company announced Thursday that it will follow through on plans announced in September to close its Fort Edward plant and move operations to an existing manufacturing site in Clearwater, Fla.
Oregon workplace safety officials have cited a Springfield meat company for safety violations after a machine fractured an employee's fingers. The state Division of Occupational Safety and Health said on Thursday it fined Bright Oaks Meat Inc. $7,850.
An Israeli energy startup has taken over the remains of Israel's trailblazing — and now bankrupt — electric car venture. Ran Eloya, founder and CEO of Gnrgy Ltd., said Thursday his company bought the remaining assets of Better Place for less than $450,000, a fraction of its $2 billion valuation less than two years ago.
Manufacturing businesses considering a capital equipment investment may want to act now to take full advantage of long-standing capital equipment tax breaks set to expire on Dec. 31 and IRS equipment depreciation guidelines providing year-end benefits.
Overall, confidence in the equipment finance market is 56.9, an increase from the October index of 54.0, demonstrating an overall steady industry outlook despite continuing concerns about the U.S. economy and the negative impact of federal government fiscal policies.
The government allied with Samsung on Wednesday to jointly produce consumer electronics and appliances, a deal coming after a week of raids on Venezuelan retailers and the emptying of store shelves by consumers taking advantage of officially forced discounts.
The investment isn't intended to increase the facility's production capacity, but it expected to increase the plant's efficiency, Scott Hudson, process engineering manager at Hyundai Motor Manufacturing Alabama, told the Montgomery Advertiser. The plant manufactures the automaker's Elantra and Sonata models, and has broken its monthly production records three times in 2013.