The Commerce Department's final look at growth in the summer was up from a previous estimate of 3.6 percent. Four-fifths of the revision came from stronger consumer spending, primarily in the area of health care.
For the first time, the vehicles need top crash test scores and a good front crash prevention system — such as warning systems or automatic braking — to get its highest designation. Vehicles are now ranked as either a "Top Safety Pick" or "Top Safety Pick +" if they meet the front crash protection criteria as well.
Manufacturing industrial production increased at a 1.0 percent annual rate during the third quarter of 2013, but production has rapidly accelerated in the fourth quarter. Inflation-adjusted GDP increased at a 3.6 percent annual rate in the third quarter. MAPI forecasts that manufacturing production will increase 3.1 percent in 2014, a slight deceleration from the 3.2 percent forecast in the September 2013 report.
Footage released by the robot's developers on Friday showed Kirobo performing its first mission on the station, talking in Japanese with astronaut Koichi Wakata as part of an experiment testing Kirobo's autonomous conversation functions.
Jazz will make a tender offer of $57 per share for the Italian company, about a 2 percent premium to Gentium's closing stock price in the U.S. on Thursday. Gentium develops drugs to treat a variety of rare diseases and conditions, including orphan vascular diseases related to cancer treatments.
Whirlpool is moving production of its commercial front-load washing machines from Mexico to Ohio. The appliance maker, whose brands include Maytag, Kenmore and its namesake, said Friday that 80 to 100 new jobs will be created in Ohio over the next three years to support the relocation.
IDC Manufacturing Insights hosted a web conference “IDC Manufacturing Insights Predictions 2014: Worldwide Manufacturing” highlighting the Top 10 predictions for the year ahead. Today's predictions focus on Product Lifecycle Management (PLM).
With the end of the year approaching, manufacturers are looking forward into next year and the trends that matter to them. Matthew Littlefield, president and principal analyst with LNS Research, narrows down the list of trends that you should be aware of.
A businessman says he has reached a deal with a Chinese company to finance a proposed southern Indiana fertilizer plant that could cost nearly $1 billion to build. Ohio Valley Resources president Doug Wilson of Fairfield, Ill., announced Thursday that the Chinese company will provide equity financing for the construction while his company will manage the project near the Ohio River town of Rockport.
The move by Attorney General Gary King comes after a federal appeals court rolled back a court order that had kept Valley Meat Co. from starting operations earlier this fall. Owner Rick De Los Santos has been making plans to open Jan. 1, and his attorney said Thursday that those plans haven't changed.
Working with the International Ski Federation (FIS), the Italian manufacturer has been collecting information from skiers for four years to find the exact algorithm as to when can the system should go into effect — in other words, at what point in a fall can a racer no longer regain control.
The Michigan Economic Development Corp. said Circuit Controls Corp. and North American Lighting Inc. are getting incentives approved by the Michigan Strategic Fund. According to the state, the expansions could mean 112 new Michigan jobs.
The Food and Drug Administration will delay sweeping food safety rules proposed earlier this year and revise them to better accommodate farmers and businesses who would be affected.
BlackBerry is reporting a massive $4.4 billion loss in the third quarter and 56 percent drop in revenue. The results are the Blackberry's first under new chairman and interim chief executive John Chen.
Global shifts in costs, processes and consumer purchasing habits put the U.S. in a position to revitalize its manufacturing sector and enhance businesses and industry at home. The only thing missing is enough skilled workers to maintain the momentum.
While RFID (radio-frequency identification) technology has long ago entered into the consumer space — everything from smartphones to pets are loaded with data-laden tags — it’s had a more rocky experience in the industrial space. The technology, which aims to wirelessly transfer data via minuscule tags embedded in or on various products, didn’t quite stack up against the industrial environment.
The new cloth backed version of Norton AO Rapid Prep combines a premium aluminum oxide abrasive grain that is sharp yet extremely durable, on a non-woven nylon, bonded to a high-tensile, low-stretch polyester backing to provide a smear-free finish.
The SemiRigid 1050 is a highly specialized machine for stripping aluminum or copper jacketed semi-rigid coaxial cable. It can process cables with outer diameters ranging from 0.86 mm (.034”) to 4.5 mm (.177”).
Henkel Corporation has upgraded two Loctite® anaerobic threadlocker sticks to deliver advanced performance on oil-contaminated surfaces without requiring primers or accelerators.