September 9, 2009 FRANKFURT (AP) — German workers and politicians waited anxiously Wednesday for a decision by the board of General Motors Co. on the fate of its Opel unit, with thousands of jobs at stake and national elections less than three weeks away. The automaker had little to say about the second day of the meeting in Detroit on Wednesday.
September 9, 2009 SHANGHAI (AP) — Geely Group, one of China's main independent automakers, is considering bidding for Ford Motor Co.'s Volvo Cars unit in alliance with an unnamed investment partner, a company spokesman confirmed Wednesday. Geely, based in the eastern city of Hangzhou, is among several Chinese automakers that reportedly have shown interest in the Swedish automaker, though company officials had earlier denied such reports.
September 9, 2009 HONG KONG (AP) — International air travel, whacked by the economic downturn, is starting to stabilize but may not recover until 2011 as companies and passengers continue to scale back, executives at aviation giants Boeing Co. and Airbus SAS said Wednesday. Passenger travel, somewhat better so far in the second half of 2009 than in the first, was still expected to slump between 6 percent and 8 percent for the year, said Randy Tinseth, a Boeing vice president for marketing.
September 9, 2009 TOKYO (AP) — Mitsubishi Motors Corp. is hiring 1,300 workers in Thailand, the latest sign of a global auto recovery, coming a day after Toyota announced it was adding 800 employees in Japan. Mitsubishi, Japan's fifth biggest automaker, said Wednesday it's hiring the workers for its two auto assembly plants and one engine plant in Thailand.
DES MOINES, Iowa (AP) — The owner of a northwest Iowa egg hatchery where a video shows unwanted chicks being tossed alive into a grinder says an independent investigation found animal welfare policy violations at the plant. But West Des Moines-based Hy-Line North America said in a Tuesday statement that it won't release further details.
NORTHFIELD, Ill. (AP) — Kraft Foods Inc. said Wednesday it plans to focus on higher-margin, priority brands to boost productivity in Europe and will continue to cut costs as the food maker hopes to continue expanding worldwide. Kraft, which recently made a $16.7 billion offer for Cadbury PLC, said it will focus on brands such as Milka and Cote d'Or chocolates; Oreos and Mikado biscuits; Carte Noire and Kenco coffee; and Philadelphia cream cheese.
Every change in the marketplace, every upheaval in the economy, every shift in technology, and every change in consumer attitudes and outlook creates opportunities for successful new products. Since these changes are amplified during tough times, new product opportunities are actually more numerous during economic turbulence.
Fieldale Farms Corp. is not just a major supplier of poultry to the nation’s leading foodservice and restaurant chains. It is the tenth largest privately owned company in the world. This company sells hundreds of millions of dollars of its product every year across the US and to over 50 countries.
FRANKFURT (AP) — General Motors Co.'s board begins a two-day meeting in Detroit on Tuesday with European labor organizations pressing for a decision on the fate of its European unit Opel, where thousands of German jobs are on the line. A person familiar with the meeting said GM's board won't make any decision about the automaker, whose brands also include Britain's Vauxhall, until Wednesday.
HUNTINGTON, W.Va. (AP) — A factory employee is being treated for exposure to a toxic chemical and about 200 people were ordered to stay indoors after a leak from a railroad car in West Virginia. Fire officials say three businesses also were evacuated Tuesday morning in the Ohio River city of Huntington.
Cotronics (Brooklyn, NY) has engineered the Thermeez 7030, a ceramic-based sealer that is ideal in high-temperature (up to 1,800°F) applications, notably exhaust systems, diesel engines, gas turbines, and heating plants. Unlike epoxy-based adhesives, the 7030 sealer provides high expansion even in the warmest environments.
Gardco (Pompano Beach, FL) has developed the Feritscope, which measures the ferrite content in austenitic and duplex steel. Welds that must survive the rigors of processing plants, where heat, aggressive media, and pressure are all present, can crack if the ferrite content is too low, and become weak if the content is too high.
Royal Adhesives and Sealants LLC (South Bend, IN) announces the launch of its new line of Silaprene LVOC (low-volatile organic content) contact adhesives and cements. These new adhesives and cements are EPA-compliant and contain less than 250 grams per liter of VOCs compared to over 600 grams per liter of VOCs in traditional solvent-based contact adhesives and cements.
Detcon (The Woodlands, TX) has reengineered its gas detection sensor, named the Series 200 UniTox, to included a significantly-improved mechanical assembly and a more economical price. The UniTox line incorporates a common Universal Transmitter Module with a wide range of Intelligent Sensor Modules (ISM) capable of monitoring more than 40 toxic gases.
CINCINNATI (AP) — President Barack Obama declared Monday that modern benefits like paid leave, minimum wage and Social Security "all bear the union label," as he appealed to organized labor to help him win the health care fight in Congress. "It was labor that helped build the largest middle class in history.
TOKYO (AP) -- Toyota is hiring 800 contract workers in Japan in its first such job increase in more than a year amid signs of a global recovery led by brisk sales of its Prius hybrid. Most will start working next month at Toyota Motor Corp.'s Tsutsumi plant, central Japan, which makes the Prius and other models for the Japanese market, the world's No.
HONG KONG (AP) — China showcased its newest and biggest commercial plane Tuesday — a jetliner with as many as 200 seats that could boost the country's fledgling aviation industry to compete with Western rivals like Boeing Co. and Airbus. The narrow-body, single-aisle C919 plane is scheduled to take its maiden voyage in 2014 before being delivered to buyers in 2016, according to Wang Wenbin, an official with the plane's manufacturer, state-backed Commercial Aircraft Corp.
STILLWATER, Okla. (AP) — After Wisconsin workers agreed to concessions, Mercury Marine said it will move work there from Oklahoma within two years, putting 380 employees in Stillwater out of work. The boat engine maker pitted its manufacturing plants in Stillwater and Fond du Lac, Wis.
LONDON (AP) — Kraft Foods Inc. on Monday proposed a 10.2 billion pound ($16.7 billion) takeover of Cadbury PLC, but the offer was immediately rejected by the British maker of chocolate, gum and candy. Cadbury shares shot up 41 percent to 803.5 pence at midday on the London Stock Exchange, about the minimum analysts suggested Kraft would have to pay to clinch a deal.
TOKYO (AP) — An appeal of a hybrid or electric car is its super-quiet drive. But worries are growing blind people may be endangered by their silence. The Japanese government has set up a panel with automakers, organizations for the blind and consumers groups to come up with a solution, which could have such vehicles emitting what sounds like engine noise or musical sounds like a cell-phone ring-tone, officials said Tuesday.