An advanced manufacturing research center in Virginia's Prince George County is getting a new partner. Officials say Hermle Machine Company has joined the Commonwealth Center for Advanced Manufacturing as an industry member. The German company makes milling machines for use in medical, aircraft, automotive and other industries.
Dennen Steel Corp. has opened its new manufacturing facility in the northeastern corner of Mississippi. Gov. Phil Bryant was among those attending a ceremony Tuesday at the 50,000-square-foot plant at Yellow Creek Port in Iuka. Workers will turn slit steel coils into precision stampings, fabricated metal parts and assemblies.
Stanley Black & Decker's third-quarter net income fell 26 percent, pulled down by charges, and the tool maker lowered its full-year earnings forecast, partly because of lower volumes and increased investments. Its adjusted earnings for the latest quarter and its forecast for 2012 were below Wall Street estimates.
Data is the foundation of information; information leads to knowledge and knowledge is power. There is little disagreement that data has value. In fact, digital data seems to be the new world currency. So protecting valuable data assets is a central concern for business continuity management.
As product safety and traceability become a more critical factor in a wide range of industries, engineers are more and more often faced with the challenge of reading multiple codes on a single product. There are a wide variety of multiple code reading applications, including multiple codes of the same symbology within a single field of view and multiple codes in multiple fields of view.
General Motors says production is set to begin late next year on a luxury version of its Chevrolet Volt hybrid. The automaker said Tuesday the Cadillac ELR will be assembled at the Detroit-Hamtramck Assembly plant. That plant makes the Chevrolet Volt, Opel Ampera and Holden Volt.
Mounting hopes over the U.S. economic recovery bolstered markets for a second day on Tuesday and helped push the euro back above $1.30. A run of upbeat figures about the U.S. economy, including the labor market, have cheered investors this week. Tuesday's indicators sustained the positive tone.
A Vermont company that manufactures military helmets is going to be doubling its workforce by the end of the year. The company Revision Military has begun work at its Newport factory on a $21.6 million contract to make more than 90,000 helmets for the U.S. military. The contract will require the company to double its workforce from 40 to 80 people.
Hillenbrand Inc. on Tuesday said it will acquire Germany's Coperion Capital GmbH for 232 euros, or about $300 million, expanding Hillenbrand's industrial products operations as the company diversifies beyond its traditional business making burial caskets.
Workplace safety investigators and a grieving family on Monday searched for an explanation of how a worker was cooked to death at a Bumble Bee tuna processing plant. Tony Melena said his 62-year-old father, Jose Melena, was killed in an accident last week at the Santa Fe Springs plant but the company has given the family no information about how he died.
WD-40 Co. said its fiscal fourth-quarter profit dropped 11.9 percent because sales in Europe slipped as customers delayed buying its lubricant and cleaning products. WD-40 makes its namesake spray lubricant, along with related cleaning products. It earned almost $9M, or 56 cents per share, for the quarter that ended Aug. 31.
There are four tech titans, according to Google Executive Chairman Eric Schmidt—Google, Apple, Amazon, and Facebook. The biggest battle of the information age right now is between Apple and Google, and they are locked in a ''defining'' battle as two of the dominant players in the technology industry, Schmidt says.
Ford is recalling more than 154,000 Fiesta subcompacts to fix a problem with the side air bags. The company says that if the front passenger seat is empty, the side air bag won't inflate to protect rear-seat passengers in some crashes. Ford says it doesn't know of any crashes or injuries linked to the problem.
The company that manufactures Apple's iPhone said Tuesday it found underage interns as young as 14 working at one of its factories in China. Foxconn Technology Group said the interns were found by a company investigation at its factory in the eastern city of Yantai and were sent back to their schools. China's minimum legal working age is 16.
U.S. industrial production increased only modestly in September, held back by weak growth in factory output. The Federal Reserve said Tuesday that output at factories, mines and utilities rose 0.4 percent in September. That followed a 1.4 percent decline in August.
The U.S. operations of electric car battery maker A123 Systems filed for bankruptcy protection and its automotive assets are being acquired by Johnson Controls for $125 million. The announcement Tuesday comes one day after A123 warned in a regulatory filing that it likely would miss some debt payments and could be headed for bankruptcy court.
Maruti Suzuki India Ltd., the Indian arm of Japan's Suzuki Motor Corp., launched a new model Tuesday of its small car Alto 800 for the Indian market ahead of the festival season. With a fresh look, the new model is roomier, 15 percent more fuel-efficient and better geared for city conditions, the firm's managing director, Shinzo Nakanishi, told a press conference.
United Technologies Corp. said Tuesday it has agreed to sell the electric power systems business it inherited from Goodrich Corp. for $400 million to Safran SA, a French aerospace manufacturer. The U.S. Justice Department had required the sale of the business as a condition for clearing United Technologies' $18.4 billion purchase of Goodrich.
Not all mobile devices are created equal. Manufacturing organizations use handheld computers for a wide variety of applications such as material management, supply chain, quality control, asset tracking and communications. However, there is sometimes uncertainty surrounding whether to deploy consumer or rugged devices.