U.S. companies restocked their shelves at a solid pace in August while sales rose for a second straight month. The combination of higher stockpiles and increased sales should help to boost economic growth. Business inventories grew 0.6 percent in August following a July gain of 0.8 percent that had been the strongest since January, the Commerce Department said.
International auto parts company Gestamp has cut the ribbon for its new plant in South Charleston. A dedication and ribbon-cutting ceremony was held at the plant Monday. The plant is located at the former South Charleston Stamping and Manufacturing Plant. Gestamp is an international company based in Spain.
Bunge-Ergon will suspend ethanol production at its Vicksburg plant by the end of November, saying high corn prices make it impossible to profitably make ethanol. Ergon spokesman Jim Temple said Bunge-Ergon would reassess market conditions and decide whether to resume operations in 2013.
The Longshore Union has announced its intent to file a legal challenge to the proposed basketball arena in the industrial area south of downtown Seattle. The union says building another sports venue in the Sodo area will erode maritime, manufacturing and warehousing businesses and threaten the livelihood of union and other workers.
ITT Corporation announced today it has signed an agreement to acquire Joh. Heinr. Bornemann GmbH (Bornemann Pumps), a leading global provider of highly engineered pumps and systems for the oil and gas industry that is known for its leading edge technologies.
Lithium ion batteries are in everything from smartphones to laptops to electric cars, and the biggest complaint about these batteries is that they just don't last long enough. Researchers at Argonne National Laboratory are developing car and smartphone batteries that can hold 50 percent more energy.
Chairman Ben Bernanke is rejecting arguments that the Federal Reserve's bold moves to bolster U.S. job growth could have unwanted consequences in emerging market countries. In a speech Sunday, Bernanke disagreed with criticism that the Fed's efforts to drive U.S. interest rates lower could result in higher inflation in emerging markets or trigger a destabilizing flood of investment money into those nations.
China's import growth recovered slightly in September but was weak, suggesting that a recovery for the world's second-largest economy from a painful slump has yet to take hold. Imports rose 2.4 percent, an improvement over August's unexpected 2.6 percent contraction but well below the government's 10 percent target for overall trade growth this year, customs data showed Saturday.
Amphibious vehicles could soon be zooming out of James Bond's garage — or pond — and into American homes. The Quadski — a one-person all-terrain vehicle that doubles as a personal watercraft — is being billed by its makers as the first high-speed, commercially available amphibious vehicle.
U.S. farm and industrial vehicle group CNH has rejected a merger proposal from its parent, Fiat Industrial, the Italian company said in a statement Monday. Fiat Industrial, which already owns 88 percent of CNH, said in a statement that it has asked to meet with the U.S. group's advisers to see if they can reach agreement on revised terms "within the next several weeks" to salvage the deal.
Volvo Cars, owned by China's Geely Holding Group, has decided to temporarily halt production at its main Swedish plant for one week as demand in the automotive market continues to slip in recession-hit Europe. The Goteborg-based carmaker says Monday the production halt will affect some 3,300 employees and will last from Oct. 29 to Nov. 2.
Apple Inc. is set to reveal a smaller, cheaper version of the iPad at an event on Oct. 23, according to several reports published Friday. The reports from Bloomberg News, Reuters and the AllThingsD blog are based on unnamed sources "familiar with the plans."
“Disaster can strike at any moment, leaving employees afraid and confused amidst chaos,” said John Amann, Vice President of First Aid & Safety, Cintas. “However, if safety directors prepare workers beforehand, they can ensure they’re ready for a potential emergency. Understanding common mistakes businesses make in preparing for emergencies is an important step in emergency planning and training.”
Recently, a metal worker made headline news, but not because of the quality of her craft or the dedication she showed on the job — she made headlines because she’s, well, a she. The skeletal remains of a female metal worker have been found in a grave in Vienna dating dating back to the Bronze Age (which began more than 5,000 years ago). Previously, it was assumed that only men worked in such fields during the Bronze Age.
Infor ION technology builds on a flexible and powerful integration framework to create an end-to-end solution for improving a user’s entire business process.
The XR-Pistol-Pro Gun is a push-pull gun designed specifically for use with aluminum wire and other soft alloys where wire feeding consistency is critical.
ASD’s Tug is an electrically powered, walk behind, wheeled cart and trailer mover constructed of formed 1/4-inch steel plate.
Designed for maximum illumination applications, the new light is Streamlight’s first programmable, handheld, lithium battery-powered flashlight.
The system features a stainless steel hold-open device that secures each panel in the full 90 degrees position, maximizing the door’s usable access area.