Missouri’s resurgent automotive industry is bringing another leading automotive parts supplier and more jobs to the Kansas City region, Gov. Jay Nixon announced. Grupo Antolin North America will invest more than $15.7 million in a 150,000 square-foot automotive manufacturing facility to supply Ford’s Kansas City Assembly Plant, creating an estimated 118 new jobs.
Cars that run on hydrogen and exhaust only water vapor are emerging to challenge electric vehicles as the world's transportation of the future. At auto shows on two continents Wednesday, three automakers unveiled hydrogen fuel cell vehicles to be delivered to the general public as early as next spring.
Kia Motors Corp. is recalling nearly 80,000 minivans in the U.S. because a suspension part can break and cause drivers to lose control of the vehicles. The recall affects Sedona minivans from 2006 through 2012. They were sold or registered in 20 states and Washington, D.C., where salt is used to clear roads in the winter.
An animal rights group said Wednesday it videotaped workers at a central Oklahoma farm abusing hogs raised for Tyson Foods, and the meat company said it would immediately end its contract with the supplier.
Microsoft's purchase of Nokia, and the ads both companies are running, show they are ready to duke it out with Google and Apple over mobile.
A tech incubator inside San Quentin is turning inmates into entrepreneurs and helping them find work at startups when they're released. Laurie Segall reports.
The Dow Jones Industrial Average has hit a record high of 16,000 due to an improving economy and the Federal Reserve. Where does the market go from here?
Take a quick tour of the Portland Bolt shop and follow an order of large anchor bolts through the manufacturing process. This video includes shearing, hot forging, threading, and galvanizing. Find out what it takes to make an order of large, custom bolts.
In the past ten years, Morton Manufacturing has grown from approximately $40,000 a month in sales to more than $2,000,000 per month. This included sales to all of the largest jet engine builders in the world.
Federal regulators say they will require that new tour buses and buses that carry passengers on scheduled routes between cities be equipped with seat belts. It's a safety measure sought by accident investigators for nearly a half century.
AMT's Industry Economist, Eric LeMasters caught up with Alan Beaulieu, President of ITR Economics at the 2013 Global Forecasting & Marketing Conference for a quick update on the current Fiscal Reality. Alan's presentation at the conference covered projections for machine tool orders as well as an outlook for the general economy.
The new Chevrolet Colorado, to be unveiled Wednesday at the Los Angeles Auto Show, has little in common with the old version, which was noisy with a cheap-looking hard plastic interior that didn't appeal to many buyers.
Deere & Co.'s fourth-quarter net income rose 17 percent after it raised prices for farm and construction equipment as it aims to keep its profits intact even as the farm economy slows.
Alabama officials are working to lure a Boeing Co. aircraft assembly plant to the Huntsville area. Gov. Robert Bentley, Huntsville Mayor Tommy Battle and economic developers met Tuesday in Birmingham with representatives of the aircraft manufacturer.
Apple Inc. will qualify for a $10 million grant from the Arizona Commerce Authority if it opens its proposed new plant in the Phoenix suburb of Mesa and meets job creation and capital investment targets, the agency announced Tuesday.
Cabot Corp., the second largest carbon black manufacturer in the U.S., agreed Tuesday to pay a $975,000 civil penalty and spend an estimated $84 million on technology to control air pollution at its three facilities in Franklin and Ville Platte, La., and Pampa, Texas, federal officials said.
Colorado-based Pilgrim's Pride Corp. is closing a poultry plant that employs about 1,200 people in north Alabama, local officials said Tuesday, another blow to a region already dealing with job losses. Mayor Tim Walker and state Sen. Clay Scofield said executives informed them of the decision during a meeting at the plant in Boaz, where Pilgrim's Pride is the largest employer.
"In order to get to that end goal, big leaps in technology are required, which naturally invites a high level of scrutiny. That is fair, as new technology should be held to a higher standard than what has come before. However, there should also be some reasonable limit to how high such a standard should be, and we believe that this has been vastly exceeded in recent media coverage."
New manufacturing techniques, such as M2M, have recently begun to rely on remote wireless monitoring to improve safety and reliability conditions. Gone are the days of maintenance pros climbing ladders or placing their hands in turbines to collect machinery health information — instead, information is sent to a central repository and analyzed by analysts 24/7 so maintenance personnel fix only the equipment that needs attention.
Johnson & Johnson said late Tuesday that it will pay $2.5 billion to settle thousands of lawsuits brought by hip replacement patients who accuse the company of selling faulty implants that led to injuries and additional surgeries.