ELKHART, Ind. (AP) — A recreational vehicle component manufacturer is considering a move into a vacant factory in northern Indiana where it could hire 180 workers in the next few years. The steel fabrication company Lippert Components of Marvin, N.C., has asked the Elkhart City Council for tax incentives if it moves into a factory formerly owned by the now-defunct Monaco Coach Corp.
NEW YORK (AP) — It's not easy being the most optimistic guy in the room. Most companies are hoarding cash after two-plus years of cost-cutting. The members of the benchmark Standard & Poor's 500 index are sitting on a record $960 billion in cash on their balance sheets. All told, companies now have more than 10 percent more cash than the previous peak in 2004.
FRANKFURT, Germany (AP) — Germany's Daimler AG and Britain's Rolls-Royce have won control of Tognum AG after their joint takeover offer gave them control of a 59.87 percent stake in the German-based maker of heavy-duty engines. Daimler said Tuesday there are still two more weeks for remaining shares to be tendered under the euro26 per share offer.
RICHMOND, Va. (AP) — That's not smoke coming out of Cliff Phillips' mouth. But that hasn't stopped others from cringing, making remarks, waving their hands in their faces and coughing at the sight of the vapor from his electronic cigarette. "They're just conditioned if they see you inhale and exhale something, it's got to be smoke and it's going to stink.
NEW YORK (AP) — News last week that an arm of the World Health Organization said cellphones might raise the risk of brain cancer has been greeted by Americans mostly with a shrug of the shoulder — one that's pinning a cellphone to the ear. Google searches for "cancer" and "cellphones" spiked this week.
HONOLULU (AP) — Korean electric car company CT&T made a splash in three states when it rolled shiny, tiny vehicles off big rigs and announced with smiling governors that it would hire hundreds of Americans to build them in new factories. But those plans have stalled in Hawaii, Pennsylvania and South Carolina without anyone hired, any plantsconstructed or any electric cars assembled.
In marketing and sales, it’s all about getting people to remember your company, your products and your brand. It’s the core philosophy behind business development. Creating a close rapport with customers determines where a company takes and makes its future. According to the 2010 Georgia Manufacturing Survey, an ever-increasing number of food manufacturers are realizing this and valiantly attempting to execute well-defined marketing and sales...
MIAMI (AP) — A federal judge refused Friday to dismiss lawsuits filed by thousands of Colombians against produce seller Chiquita Brands International over its payments to a right-wing paramilitary group responsible for killing and terrorizing civilians during Colombia's lengthy civil conflict.
NASHVILLE, Tenn. (AP) — A federal agency investigating a fatal fire at a Middle Tennessee chemical plant said a corroded pipe leaking hydrogen gas caused an explosion that ignited combustible iron dust there. A total of four workers have died this year after being critically burned in fires at the Hoeganaes (HAY'-gan-eez) plant in Gallatin, with the latest one occurring last week.
BIG FLATS, N.Y. (AP) — Sikorsky Aircraft Corp. is laying off nearly 400 workers at its factory in upstate New York because of what the company says is a lull in orders for military helicopters. The announcement Thursday by the Stratford, Conn.-based subsidiary of United Technologies Corp. didn't divulge the number of jobs being cut, but a notice filed with the state Department of Labor lists the number of layoffs as 386.
HAMMOND, Ind. (AP) — A former manager at a northwestern Indiana aluminum plant has pleaded guilty to charges that he knew about employees lying on reports in order to cover up air pollution violations. Charles Woodworth of Crown Point made the plea Thursday in federal court in Hammond.
DETROIT (AP) — The Chevrolet Volt electric car has won a five-star safety rating from the U.S. government. The five-star rating is the top one given by the National Highway Traffic Safety Administration. General Motors, the car's maker, says the Volt was judged under tougher standards for 2011 models that include a simulated 20 mile-per-hour side crash into a pole.
TOLEDO, Ohio (AP) — President Barack Obama says the U.S. economy is still facing challenges and it is going to take more time to mend the wounds inflicted by the recession. Obama spoke at a Chrysler plant in Ohio against the backdrop of a dismal jobs report released Friday that shows the unemployment rate ticked up to 9.
Chrysler CEO Sergio Marchionne sat down with CNN Money to talk about the automaker’s exit from dealings with the U.S. government, now that Fiat bought the last stake from the U.S. Treasury on Friday. As it stands, the government lost some $1.2 billion on the $12 billion loan, but Marchionne says it was a “phenomonal” deal for U.
Tregaskiss (Windsor, Ontario, Canada) has announced that its QUICK LOAD Liners will now be standard on TOUGH GUN and TGX Semi-Automatic MIG Guns as of July 2011. The QUICK LOAD liners are installed from the front end of the MIG gun, and because there is no need to cut the welding wire, there is less unnecessary downtime and cost.
The TankJet 190D motor-driven tank cleaner from Spraying Systems Co. (Wheaton, IL) provides 180° downward coverage when removing sticky residues/skim line and heavy sludge from the bottom and shadow areas of tanks. The system operates at pressures of up to 1,000 psi and uses high-impact solid stream nozzles to clean tanks up to 34’ in diameter.
Omega Engineering (Stamford, CT) is now offering the HE359 series universal remote I/O module. It connects via 2-wire RS485 Modbus RTU to any PLC, allowing a total of 31 I/O modules to be daisy-chained on a single RS485 link. Available I/O modules include digital in, relay out, analog in, analog out, RTD, and thermocouple.
Milwaukee Electric Tool Corporation (Milwaukee, WI) has launched the new 14” Abrasive Cut-Off Machine, with a 15 Amp, 4 horsepower motor. The tool offers a 5” max cut capacity to handle materials such as bundled drywall track, angle iron, conduit, pipe, channels, tubing, and rebar.
In the previous column in this series I talked about the importance of educating youngsters about advanced 3D digital technologies. Getting them hands-on with these technologies at the earliest opportunity within their school careers to draw larger numbers of students and graduates into the engineering sector because it is an advanced and exciting place to work; plus it pays well.
COLUMBIA, S.C. (AP) — Three employees at Boeing Co.'s plant in North Charleston, S.C. want roles in a lawsuit filed by the National Labor Relations Board, claiming they are sure to lose their jobs if the federal agency is successful and work on the 787 passenger jet returns to Washington state.