A Connecticut gun manufacturer is leaving in response to the state's new gun law, passed following the killings of 20 children and six educators in Newtown. John McNamara, vice president of sales at PTR Industries, said Wednesday that the Bristol company will move to Aynor, S.C., as quickly as possible without interrupting production. He says most of the 41 workers will move.
Airbus announced a series of orders for its smaller single-aisle jets Thursday, racking up 80 purchases for the A320 family of short- to medium-haul planes. On its home turf, Airbus so far seems to have the edge over its rival Boeing at the Paris Air Show, which serves as a platform for the sales race between the giants.
When Lawrence Scheer began selling baby clothes in 2010, he didn't realize it then, but he was on the leading edge of a recovery in small business exports. Scheer's company, Magnificent Baby, manufactures its products in China and then sells them in about 20 countries around the world.
Stratasys, a leading maker of 3D printers, is buying another 3D printer manufacturer, MakerBot, for $403 million in stock. Stratasys Ltd. said Wednesday the acquisition will enable it to offer affordable desktop 3D printers. MakerBot, whose machines are priced around $2,000 to $3,000 and are aimed at the "prosumer" market, sells direct to buyers over its website.
The EPA levied a $2.5M penalty against a big cement maker and required the company to invest $30M in pollution controls at plants in nine states alleged to have violated the federal Clean Air Act. Ash Grove Cement Co.'s penalty was announced Wednesday by the EPA and U.S. Department of Justice, part of a deal in which the Overland Park, Kan.-based company also will spend $750K to mitigate effects of past excess emissions.
John Biggs invites TechCrunch into his workshop to give a nice rundown and demo of the Form 1 3D Printer. Differing from the MakerBot, which uses an additive process, Form 1 has a resin and laser process. The result is more precise sculptures.
CNN Money's Sue Callaway goes inside Singer Vehicle Design, an exclusive Porsche shop in Southern California that takes old Porsches and modernizes them – for a price. Singer Vehicle Design says it is “dedicated to the passionate study, preservation, and optimization of the world’s most respected high performance vehicles through modern techniques and unique and fresh perspectives.”
EPFL scientists have imagined a new modular transportation system. Modules are either loaded on a train or clipped under a flying wing, allowing more flexibility for people or freight transportation. Called "Clip-Air," this concept opens the door to a wide range of new research opportunities in the context of flexible transportation.
Elon Musk, Tesla Motors CEO, tells the Reuters Global Tech Summit that he'll talk to politicians who back local car dealers trying to keep Tesla from selling directly to consumers. He also talks batteries, charging stations, and why he is in no rush to take SpaceX public.
The Oregon House passed a bill Tuesday that would set up a public database to track 19 toxic chemicals used in children's toys and products and would require manufactures to remove the chemicals from their products within five years. The bill, which passed 39-21, would require companies with gross sales of more than $5 million per year to report the presence of the chemicals in their products.
General Motors Co. executives broke ground for a new Cadillac factory in China on Wednesday to target luxury buyers in the world's biggest auto market, though they said the segment would grow slower than expected this year. Company leaders said they were optimistic about long-term growth in the luxury segment and have aggressive plans to expand Cadillac's dealer network.
Unmanned aircraft have helped rescue stranded hikers, worked to contain wildfires and gathered data at nuclear accidents. One helped a Russian tanker find its way through Arctic ice to bring oil to a stranded Alaskan community. These remote-controlled planes have many more potential peacetime uses.
U.S. Sens. Jeanne Shaheen and Kelly Ayotte are teaming up to help small businesses make the most of their export opportunities. The senators on Tuesday reintroduced the bipartisan Small Business Export Growth Act, which is aimed at cutting down on bureaucratic hurdles and giving businesses more exporting assistance.
A federal court order that United Technologies Corp. pay $473 million plus interest to compensate for alleged fraud in its sale of fighter jet engines could cut into revenue and profit, the aerospace giant said in a regulatory filing. Judge Thomas M. Rose of the U.S. Southern District Court of Ohio issued the order on Monday.
An Australian aerospace company says it will open a facility in Grove, Okla. and hire 20 workers. Gov. Mary Fallin announced Tuesday that Ferra Engineering would expand in Oklahoma. The governor made the announcement from the Paris Air Show.
In the wake of a ruptured pipeline that coated an Arkansas town in oil over two months ago, residents are complaining about illnesses that could be related to the spill. Al Jazeera take a look at the environmental controls being placed on the U.S. oil industry and what their possible impact on public health could be.
After initially defying federal regulators, Chrysler abruptly agreed Tuesday to recall some older-model Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions. But the recall, which came in an 11th-hour deal between the automaker and the NHTSA, covers only 1.56M of the 2.7M Jeeps that the government wanted repaired. The rest are part of a "customer service action" and many may not get fixed.
Investigators say a fire earlier this week at a titanium-manufacturing plant in eastern Pennsylvania caused $3.5 million in damage and has been ruled accidental. The blaze started in a building at the Timet Corp. facility in Caernarvon Township around 8 p.m. Monday.
Tesla is recalling as many as 1,228 of its Model S vehicles, citing a problem with a rear seat latch in the electric sports sedan. The company says no injuries or customer complaints have been reported. Chairman and CEO Elon Musk said in a blog entry Wednesday that the strength of a mounting bracket for the rear, left seat latch may be weaker than intended.
Union officials presented a plan Tuesday to keep 950 jobs at a General Electric Transportation plant in Erie, but the company cast doubt on the proposal. The Erie Times-News reports that the leadership of Local 506 said the union can save $20 million a year in exchange for the company agreeing to keep all the jobs.