Elon Musk, the CEO of Tesla Motors, says his company is very much on the road to being a profitable business enterprise. Musk is so confident, he will personally pay back the government loan if the company cannot. He also says the electric car maker will turn a profit at some point in 2013.
The National Nuclear Security Administration (NNSA) is dismantling the last of its Cold War era nuclear bombs . As you would imagine, the process is a complicated and dangerous one. The work is being done in a Texas plant dedicated to disassembling the nuclear bombs , and they are finally down to the last one -- a B53.
To help its portable equipment customers meet today’s Tier 4A emission standards, Atlas Copco (Stockholm, Sweden) has introduced a range of Tier 4A generators in the power category above 150 kilovolt-amperes. The generators are produced in Rock Hill, SC. The QAS 150 JD T4a, QAS 250 JD T4a, and QAS 330 JD T4a are powered by a fully Tier 4A compliant John Deere engines with variable geometry turbocharger technology.
A new fuel tank from Meese Orbitron Dunne Co. (Ashtabula, OH) features a proprietary design with two layers of polyethylene separated by a barrier layer of ethylene vinyl alcohol. The new fuel tank replaces cumbersome, five- and seven-layer plastic fuel tanks with a streamlined design that effectively complies with the regulations, yet can be manufactured more quickly and at reduced cost.
Milwaukee Electric Tool Corporation (Milwaukee, WI) has introduced the M12 Cordless 1/4 inch and 3/8 inch ratchets. At only 10-3/4 inches long and 1.9 pounds, these provide an ideal fastening solution for automotive mechanics and maintenance-repair professionals. Powered by revolutionary M12 RED LITHIUM battery technology, the new ratchets are compatible with a tool system that offers over 30 cordless lithium-ion products.
Columbus McKinnon Corporation (Amherst, NY) now offers the newly designed CM Man Guard Electric Chain Hoist in capacities from 1/4 to 3 tons. The core of the Man Guard is the overload clutch and heavy duty rating, but the hoist boasts numerous features that set it apart from other hoists in this category.
LOUISVILLE, Ky. (AP) — Once the self-proclaimed "Ice Cream of the Future," Dippin' Dots is seeking federal bankruptcy protection, a move the company said is aimed at staving off foreclosure on more than $11 million in loans. The Paducah, Ky.-based company filed for Chapter 11 reorganization Thursday night, asking U.
TOKYO, Nov. 7 (Kyodo) — Toyota Motor Corp.'s Prius hybrid topped the passenger car sales rankings in October in Japan, maintaining its top slot for the fifth consecutive month, industry bodies said Monday. Honda Motor Co.'s Fit subcompact was second, while minicars made by Daihatsu Motor Co.
LITTLE ROCK, Ark. (AP) — Workers at the Hawker Beechcraft Corp. aircraft finishing plant in Little Rock have been told to expect layoffs. Little Rock television station KATV (http://bit.ly/vpsP85) reported Friday that workers were given a letter that says to expect a layoff announcement on Nov.
TWIN FALLS, Idaho (AP) — A decision by New York-based Agro Farma to build its new western manufacturing plant for Chobani yogurt in south-central Idaho will create a large ripple effect with additional jobs, economist say. The ripple effect for Chobani is high because yogurt is made from milk, a top product of the region, said Jan Roeser, a regional economist with the Idaho Department of Labor.
STOCKHOLM (AP) — General Motors Co. on Monday said it won't allow two Chinese companies to use its technology if they go ahead with a planned purchase of Saab Automobile, a former GM unit. The announcement raises doubts about a rescue plan for the ailing Swedish brand, which is being reorganized under bankruptcy protection after running out of cash to pay suppliers and staff.
NEW YORK (AP) — Boeing's new 787 wide-body plane, which just started carrying paying passengers, ran into its first technical glitch Sunday when the landing gear failed to deploy. The pilots of Japan's All Nippon Airways used "an alternate procedure that worked," according to Lori Gunter, a spokeswoman for Chicago-based Boeing Co.
When is the world going to stop talking about Steve Jobs?” “I don’t know, as soon as Christians stop talking about Jesus?” The untimely passing of the techno-icon has led to a deluge of skepticism, criticism, praise, and wonderment for the most influential man this world has lost in some time.
B y Krystal Gabert, Editor, Food Manufacturing The recent Jensen Farms Listeria outbreak has killed dozens of consumers unlucky enough to pick up contaminated cantaloupe from their grocers’ shelves. Since the outbreak, well over one hundred cases have been identified, and over two dozen people have died.
NEW YORK (AP) — U.S. Cellular Corp., the country's sixth-largest cellphone company, on Friday said it had the opportunity to carry the iPhone but turned it down because the phone is too expensive. It's the first U.S. carrier to acknowledge turning down the phone. Consumers pay $200 for the base model of the iPhone 4S, but Apple charges carriers about $600 for it.
FALLS CHURCH, Va. (AP) — General Dynamics said Monday it has agreed to buy Force Protection Inc., which makes armored vehicles, in a deal worth about $360 million. Force Protection, which is based in Summerville, S.C., will become a part of General Dynamics Land Systems, the defense contractor's Sterling Heights, Mich.
TOKYO (AP) — Surrounded by dozens of cardboard boxes packed with 4 million petition signatures, the presidents of major Japanese automakers demanded Monday the end of what they called exorbitant taxes on cars that threaten to hollow out manufacturing and wipe out jobs. The plea from the heads of Toyota Motor Corp.
DEARBORN, Michigan (AP) — Ford Motor Co., stung by falling quality ratings because of its glitch-prone MyFord Touch system, is planning a major upgrade that it hopes will fix the problems — and repair its own reputation. Early next year, Ford is sending flash drives with a software upgrade to approximately 250,000 U.
B y Christopher S. Rugaber, AP Economics Writer WASHINGTON (AP) — The jobs crisis has left so many people out of work for so long that most of America's unemployed are no longer receiving unemployment benefits. Early last year, 75 percent were receiving checks. The figure is now 48 percent — a shift that points to a growing crisis of long-term unemployment.
DETROIT (AP) — General Motors Co. is recalling 38,400 Pontiac G8 models made in Australia to reprogram the front-passenger air-bag module. The National Highway Traffic Safety Administration said Saturday that the air-bag modules for the 2008 and 2009 models might not comply with federal standards for head injury protection.