A major Chinese city has announced plans for $240 billion in industrial investments, adding to a series of local spending initiatives that analysts say should help to boost China's slowing economic growth. The city government of Chongqing, said it will invest in seven areas including petrochemicals, electronics and auto manufacturing over the next three years.
Georgia-Pacific will permanently close its plant in Duluth at the end of the month, company officials said. Workers at the plant, which employs 140, were notified of the decision Tuesday morning. "The employees are welcome to apply for any other jobs we have" at other facilities, said Eric Abercrombie, Georgia-Pacific spokesman in Atlanta.
Sturm, Ruger & Co. Inc. said late Monday that it has made its one millionth gun this month, putting it on track to produce a record number this year. The Southport, Conn.-based company said it reached the milestone on last Wednesday. It expects to beat its own record of 1,114,700 firearms produced in one year, set in 2011.
It's the $30 billion deal that has been a long time coming: the proposed Glencore Xstrata merger has had digging deep to get the best price. Now, after better than expected results, Glencore, which supplies raw materials such as oil and copper, has said it could walk away from the deal for a year or two.
China's government has ruled that U.S. government support to six American solar and wind power projects violates free trade rules, adding to strains between Beijing and its trading partners over renewable energy. The United States and China are the two biggest markets for renewable energy and have pledged to cooperate in developing technology.
Federal court records show a Mississippi company that was the target of the largest U.S. workplace raid on illegal immigrants has settled a discrimination lawsuit by four black women who claimed the company gave preferential treatment to Latinos. A tentative settlement was announced in February. Details were released in court documents filed this past week.
Honda Motor Co. finally has its first product for the home packed with its prized robotics technology — a sensor-equipped lawn mower. Miimo goes on sale next year, in only Europe, where spacious lawns are often enclosed in gates, targeting 4,000 unit sales a year.
A factory owned by India's largest carmaker, Maruti Suzuki, reopened Tuesday, more than a month after a riot by workers killed a company manager and injured dozens. Around 500 police and security personnel stood guard as workers lined up to enter Maruti's plant in Manesar, a southwestern suburb of New Delhi.
Samsung Electronics co. will spend $4 billion renovating its plant in the U.S. to increase production of advanced chips used in smartphones and tablet computers. Samsung's Tuesday announcement is its latest push into the lucrative logic chip business.
An aluminum company embroiled in a dispute over its electricity costs said Monday it has given notice to terminate its power contract, a move signaling that the future of its large western Kentucky smelter is in deep jeopardy. Century Aluminum Co. said it gave a 12-month notice to end the contract with Big Rivers Electric Corp. for its Hawesville smelter, which employs about 700 people.
As American manufacturing appears to have steadied from a 2011 growth spurt, contract manufacturing continues a trend of positive growth. In the third D2P Manufacturing Trends Survey, 42 percent of U.S. OEMs indicated that they expect to have more outsourcing projects in the next year than they had in the past twelve months.
Now let’s discuss Six Sigma. Six Sigma, too, attacks a very real demon. That bad guy is named “variation.” It is a real and true deficit to our businesses to expend resources, time and energy desperately trying to control outcomes that are continuously changing and unpredictable. The aim of Six Sigma is to control processes well enough that their outcome is always stable and always predictable.
The MILLHOG® ET-800 Dual Spring Hanger features a top and bottom steel plate, two drawbar springs, and a built-in safety chain that prevents the springs from bottoming out, wearing excessively, and breaking.
Allegro addresses the serious problem of Carpal Tunnel Syndrome with five different wrist supports, with each one designed to help maintain a neutral position at the wrist while allowing full movement of the hand and fingers.