Honeywell International Inc. has announced plans for $208 million in expansion projects at its Louisiana production sites in Baton Rouge, Shreveport and Geismar. Gov. Bobby Jindal announced the plans Monday with Honeywell Performance Materials and Technologies CEO Andreas Kramvis. The expansion projects are estimated to create 42 new jobs at the sites, with an average salary of $68,300.
BP has set up a hotline for people to report alleged fraud involving claims arising from the company's massive 2010 oil spill in the Gulf of Mexico. Monday's launch of the hotline comes a week after a federal appeals court heard BP's argument that it has been forced to pay hundreds of millions of dollars in settlement money to businesses with inflated or fictitious claims.
The Datsun re-launch was no ordinary car launch. Nissan CEO Carlos Ghosn even called it "a historic moment." Datsun, a brand that Nissan phased out in the 1980s, has been re-launched in India with the low-cost Datsun Go. The Datsun Go is priced at 400,000 Indian Rupees, or about $6,700 U.S.
About 575 U.S. salaried workers are retiring as part of Pratt & Whitney's voluntary separation program, the jet engine manufacturer said Monday. Most of the employees left the company on Monday and more departures will be necessary as the subsidiary of United Technologies Corp. grapples with the winding down of military operations in Afghanistan and what a spokesman called uncertainty in the commercial jet engine spare parts business.
Honeywell said Monday that it has joined the investigation into last week's fire on a 787 at London's Heathrow Airport amid reports that investigators are eyeing whether its emergency transmitter played a role in the incident. The emergency location transmitter sends a signal with the plane's location if it's involved in a crash. It's meant to help rescuers find the plane.
Unemployment levels in the world's advanced economies could improve next year, even though the number of people without work will likely continue to rise in several European countries, a leading international economic body said Tuesday.
After a massive fertilizer plant explosion devastated this rural town in April, local teachers and administrators did what they could to help the community cope with a disaster that killed 15 people and wrecked hundreds of structures, including three of West's four schools.
South Korean steel giant Posco has pulled out of a proposed $5.3 billion steel plant in the southern Indian state of Karnataka in a new blow to government efforts to attract foreign investment to spur growth. The company said Tuesday it scrapped the project because of inordinate delays stemming from local opposition to land acquisition for the project.
About 200 people are losing their jobs with the closure of a global manufacturer's Orangeburg plant. Officials with Federal-Mogul said Monday the company is consolidating its Orangeburg operations to larger facilities in Tennessee and Mexico.
Modern mechanical carbon materials are being used in a wide variety of applications – a few examples include aircraft gear boxes, air turbine motor starters, and main shaft seals for both aircraft turbine engines and APUs.These self-lubricating materials are composed of fine-grained, electrographite substances that are impregnated with proprietary inorganic chemicals to improve their lubricating qualities and their oxidation resistance.
Product lifecycle management (PLM) may sound like one of those deep-in-the-weeds business terms, but it has become one of the most important arenas for accelerating product deliveries, reducing costs, and generating more revenues in major manufacturing industries. So what is product lifecycle management?
Rockwell Automation is pleased to open nominations for the Manufacturing Safety Excellence Awards, celebrating the world’s safest manufacturing companies – those with a strong safety culture, well-executed compliance procedures, and effective use of contemporary automation technology.
Frustrated by a recalcitrant Congress, President Barack Obama has vowed to take climate change into his own hands. Now he has to deliver. Three weeks after giving an ambitious speech to outline his proposal, the president begins the arduous task of executing it. Obama's plan is a complicated mix of rule-making and federal permitting that's tough to encapsulate in a neat sales pitch — and may be even tougher to put into action.
In a trial that began Monday, California's attorney general and 10 cities and counties are seeking $1 billion from paint manufacturers to remove lead paint from millions of older homes, arguing that they sold the product despite being aware of its potential health effects.
Spirits maker Beam Inc. relies on Kentucky as its production hub, and now the company is branching out with a corporate presence in bourbon country. The company responsible for the Jim Beam and Maker's Mark bourbon brands on Monday marked the opening of its Global Business Services Center in an entertainment district in downtown Louisville.
Twinkies are back, but they may be a bit smaller than you remember. The new owners of Hostess have leaner operating costs now that they're no longer using unionized workers. It turns out the spongy yellow cakes may also be a little smaller than the last Twinkies people ate.
Billionaire investor Carl Icahn is proposing that Dell shareholders get a chance to own a bigger stake in the struggling computer maker in hopes of thwarting an attempt by the company's founder to buy it for $24.4 billion and take it private. Icahn, who owns a nearly 9 percent stake in Dell, now wants shareholders to receive warrants in addition to the cash he previously recommended be given to shareholders.
Plans are in the works to expand an auto supplier plant in New Hampshire. Freudenberg-NOK is planning the $3 million expansion in Northfield that is expected to add at least 15 jobs to the 115 currently employed. The Concord Monitor reports Business Finance Authority president Jack Donovan says construction is expected to take six months.
Robots and computers are already replacing workers in factories and offices. Now engineers are developing intelligent machines to do farm work and help ease a worsening labor shortage on American farms. See the engineers test the Lettuce Bot, a machine that can "thin" a field of lettuce in the time it takes about 20 workers to do the job by hand.
Hyundai Motor Co.'s factories have reached their maximum capacity to build cars, and that's costing the company sales in a growing U.S. market, its American CEO said Friday. Hyundai's U.S. sales are up only 1.9 percent for the first half of the year, less than a quarter of the overall market's 8.4 percent growth rate, according to Autodata Corp.