Gov. John Kasich and company and site officials planned to officially sign an accord and discuss details in Columbus on Friday. The new plant would be on land where General Motors idled an assembly plant in 2008 in the south Dayton suburb of Moraine. There were 1,100 workers at the time.
Indra Nooyi, Chairman and CEO of PepsiCo, discusses her company's initiative to shift to more "good for you" snack foods and ramp up the development of new products. This was an extremely difficult transformation, says Nooyi.
After environmentalists, lawmakers, and the oil industry got together last year to draft Illinois' first regulations for hydraulic fracturing, the rest was supposed to be easy. The unusual collaboration was praised as a potential model for other states and a rare example of political foes finding common ground on a complex issue.
U.S. wholesale businesses increased their stockpiles in November but at less than half the pace of October when they had jumped by the largest amount in two years. The Commerce Department says wholesalers boosted stockpiles 0.5 percent in November compared with October when inventories had increased 1.3 percent.
Rockford was a finalist for a massive Boeing plant before the aerospace company reached a deal with a union and agreed to build its 777X planes near Seattle, state officials said. "It speaks very well for the Rockford region how seriously Boeing took the Illinois proposal," one official said.
China's export growth slowed in December while imports accelerated, possibly helping to temper fears of a slowdown in the world's second-largest economy. Exports rose 4.3 percent to $207.7 billion, slowing from November's 12.7 percent expansion, trade data showed Friday.
CareFusion Corp. has agreed to pay $40.1 million to settle allegations it paid kickbacks and promoted its medical technology products for uses not approved by the Food and Drug Administration.
German luxury car makers Mercedes-Benz and Audi enjoyed record sales last year, boosted by rising demand in the United States and China. Mercedes-Benz, which is based in Stuttgart and owned by Daimler AG, said Friday that it sold 1.462 million cars last year worldwide, an increase of 10.7 percent.
U.S. employers added a scant 74,000 jobs in December, the fewest in three years. The disappointing gain ends 2013 on a weak note and could raise questions about the economy's recent strength.
Shortly after the Thursday night spill from Freedom Industries hit the river and a nearby treatment plant, a licorice-like smell enveloped parts of the city, and Gov. Earl Ray Tomblin issued an order to customers of West Virginia American Water: Do not drink, bathe, cook or wash clothes with tap water.
It's a world in which you no longer grip the wheel with excitement, but instead relax with a book or movie as your car chauffeurs you to your destination. It's also a future that won't materialize, say carmakers, unless legislators around the world create a new legal framework.
Here's some food for thought when it comes to evaluating and improving logistics in your enterprise: Whatever else you do in 2014, make it a priority to dump the tribal knowledge you might be using to make mission-critical decisions. Instead, substitute the facts.
Chrysler has technically been “foreign-owned” since July 2011, but the recent deal makes it all the more real: Chrysler might be an American-headquartered company, but it’s also a fully-owned subsidiary of an Italian company. That’s an important distinction, one that means Chrysler simply isn’t in the same playing field as Ford and GM, no matter each of their origins.
Spectronics Corporation has unveiled the OLK-441 Leak Detection Kit, which finds leaks quickly and efficiently in petroleum- or synthetic-based fluid systems.
Paper-Less MV2 advanced manufacturing execution software optimizes production operations management for increasing efficiency while reducing paper.
A November pipeline explosion in northern China that killed 62 people was caused by sparks from a jackhammer igniting oil that had leaked into the sewage system, revealing major vulnerabilities in China's aging pipeline network, government safety officials said Thursday.
The study sponsored by the Robert Wood Johnson Foundation found that between 2007 and 2012 the companies reduced their products' calories by the equivalent of around 78 calories per person per day. The total is more than four times the amount those companies had pledged to cut by next year.
Mazda Motor Corporation announced that production has begun at its new plant in Mexico. The plant, named Mazda de Mexico Vehicle Operation* (MMVO), is located in Salamanca, in the state of Guanajuato.
Using assembly lines, lasers and robotic arms, the Memphis facility is making cooking ranges and ovens for sale at major retailers. Heavily backed by politicians and supported by $150 million in incentives provided by taxpayers, the plant carries great expectations as a long-term job producer.
A filing with the U.S. District court in San Jose showed Thursday that senior legal executives from Apple and Samsung agreed earlier this week that the CEOs will meet by or before Feb. 19. The agreement was made in response to a court order to submit a proposal for settlement discussions before a new trial begins in March.