Boeing officials say they will begin actively marketing the company's Wichita defense facilities by the end of January. The company announced last year that it was closing the Wichita plant and moving work to Oklahoma, Texas and the Pacific Northwest. Boeing owns 97 buildings on 413 acres, with properties ranging from large hangars to tool sheds.
Yanmar Co., a Japanese maker of agricultural equipment, engines and boats, said Wednesday it will build a new plant in Indonesia to produce diesel engine parts and other products. Yanmar said its move to set up the factory at an industrial complex in eastern Jakarta by investing roughly 7.5 billion yen is aimed at enhancing the company's cost competitiveness through overseas production.
Downtime is dangerous to any manufacturing group. After all, the old saying that compares time to money is true. If people or machines are idle, then products are not being made, which certainly affects the business’s bottom line — minimizing manufacturing downtime makes money for a company.
2012 has come and gone. With a new year staring us down, it’s time for new resolutions. Resolutions involve change, which can be tough for manufacturers. Many manufacturers are conservative in their approach to changing IT solutions — solutions they have become extremely reliant upon and familiar with.
Record unemployment and fraying social welfare systems in southern Europe risk creating a new divide in the continent, the EU warned Tuesday, when figures showed joblessness across the 17 EU countries that use the euro hit a new high. Eurozone unemployment rose to 11.8 percent in November, the highest since the euro currency was founded in 1999, according to the statistical agency Eurostat.
Hawaiian Airlines said Monday it plans to buy more than a dozen new Airbus planes to help it meet demand for travel between the West Coast and the islands. The planes — to be delivered four to seven years from now — will allow Hawaiian to open new markets and boost service to cities it already flies to, the airline said. The Honolulu-based airline plans to add 1,000 jobs as part of the expansion.
Silicor Materials says it has not given up on locating an operation in Mississippi. Last week, Silicor's proposed project in Lowndes County failed when the company missed a deadline to put up $150,000 to secure land and incentives. Local officials said the money was refundable to ensure that Silicor start construction by June 30 of 2013.
Schnitzer Steel posted a $2 million loss for the first quarter Tuesday, dragged down by restructuring charges and weak demand. For the quarter ended Nov. 30, the company's loss amounted to 6 cents per share, compared with a profit of $7 million, or 25 cents per share, in the same quarter last year.
Stockmeier Urethanes USA Inc. plans to expand its operations in Clarksburg. President and CEO Christian Martinkat tells The Exponent Telegram that the company is acquiring three-and-a-half to 4 acres and an office building adjacent to its plant from Thrasher Real Estate Investment LLC. The cost of the acquisition is $1.85 million.
Precision Castparts Corp. said Tuesday that it has completed its acquisition of Titanium Metals Corp. for roughly $2.9 billion. The deal, first announced in November, gives Precision a titanium capability that it said has always been a key missing piece from its product portfolio.
The Stainless Steel IP65 CartMover™ features include heavy-duty Stainless Steel construction, sealed speed controller housing, and sealed controls in the handlebar.
Nylobrade braid-reinforced PVC hose, is manufactured from a PVC compound that is free of DEHP and other plasticizers, says the company.
The pipe was designed to eliminate odor and impurities from drinking water by using an ozone injection system.
The new weatherproof sockets, R95-190 and R95-191, contain a rubber seal to guarantee a full weatherproof assembly.
Selling about 500 smartphones a minute, Samsung has convinced millions that its handhelds are indeed the droids they are looking for. And despite rising challenges, that doesn't look like it will be changing anytime soon for the South Korean tech giant.