TOKYO, Aug. 9 (Kyodo) — Mitsubishi Motors Corp. said Tuesday it has launched production of a new model of its Pajero Sport vehicle in Bangladesh to strengthen its lineup in the local market. Mitsubishi Motors said it aims to sell about 500 units per year of the sport utility vehicle, which is manufactured at its business partner Pragoti Industries Ltd.
DETROIT (AP) — Federal safety regulators are looking into a problem with BMW automatic transmission shifters that can allow cars to roll away after drivers have left the vehicles. The National Highway Traffic Safety Administration said Tuesday on its website that about 120,000 BMW 7-Series luxury sedans from the 2002 through 2008 model years could be affected.
SPRINGFIELD, Ill. (AP) — Illinois state employees injured while committing crimes no longer will be able to get workers' compensation under a new law signed by Gov. Pat Quinn. The law stems from a 2007 wreck involving former Illinois State Police Trooper Matt Mitchell. Mitchell was driving more than 100 mph and using his cell phone on Interstate 64 in southwestern Illinois when his cruiser crossed the median and slammed into a car.
YAKIMA, Wash. (AP) — Seven months before graduation, Alex Dimas toured aviation manufacturer GE Aviation Systems and applied for a job. Then, the company and his instructors at Perry Technical Institute worked with him to strengthen his skills until he graduated. Three years later, he's still at the company, working as a machinist building hydraulic fuses for 737s.
WASHINGTON (AP) — Fire trucks and concrete mixers, semis, heavy-duty pickups and all trucks in between will, for the first time, have to trim fuel consumption and emissions of heat-trapping gases under new efficiency standards being announced Tuesday by President Barack Obama. The White House says the standards the president was announcing will save businesses billions of dollars in fuel costs, help reduce oil consumption and cut air pollution.
WASHINGTON (AP) — U.S. workers were less productive in the spring for the second quarter in a row, a trend that may not bode well for future hiring. Productivity dropped 0.3 percent in the April-June quarter, following a decline of 0.6 percent in the first three months of the year, the Labor Department said Tuesday.
Owners and managers of manufacturing facilities are working hard to incorporate environmentally friendly practices into everyday operations. As they look for ways to update their existing material handling processes to meet the demands of corporate sustainability initiatives, many are realizing they already have taken that first step by using a fleet of propane-fueled forklifts.
By now, most legal, finance, and compliance personnel at large international manufacturers are well versed in the compliance requirements of the U.S. Foreign Corrupt Practices Act of 1977 (FCPA). Executive leadership at most companies that are affected by the FCPA have been satisfactorily scared into compliance by promises of huge fines and jail time if violations of the FCPA are uncovered.
The word at the root of “succession”—intentionally relevant or not—is success. This abstraction is no less implied as it is a tradition for MSC Industrial Supply, as it embarks on the latest “passing of the torch” from CEO David Sandler to his board-appointed successor, Erik Gershwind.
Do your mast hoses look like this? Many times, the last thing we think of is maintaining the hoses on our material handling equipment. But without maintaining, hoses will surely create machine downtime. More importantly, if the hose fails, it creates a potentially hazardous situation for the employee operating the unit and anyone in close proximity.
Few characteristics serve a business enterprise worse than complacency and immobility. Market shifts, changes in customer demand, and the near-constant evolution of technology forces companies to consider new and innovative ways of doing business. No one has to explain this to Mercury Marine, a nationwide manufacturer of recreational marine propulsion engines.
NOVA Chemicals produces plastics and chemicals essential to everyday life. Their current businesses and joint ventures focus on ethylene, polyethylene, and Performance Styrenic polymers production in manufacturing sites strategically located throughout Canada, the U.S., and South America. As a legacy MIMI customer, NOVA Chemicals recognized AspenTech’s supply chain capabilities, but over time, their installation had grown to more than 25 unique models with no standardization or integration.
Childhood friends Eileen Spitalny and David Kravetz founded Fairytale Brownies in 1992 in a friend’s Old Town Scottsdale, AZ, catering kitchen. Using Kravetz’s mother’s 55-year-old secret family brownie recipe, the business started out selling to friends, farmers markets, and festivals.
When considering the effectiveness of an epoxy adhesive, it is useful to analyze the general formulation of the compounds that constitute it. Epoxies are created by polymerizing a mixture of two starting compounds, the resin and the hardener. When resin is mixed with a specified catalyst, curing is initiated.
Tyson Foods Inc. said Monday that its profit fell 21 percent for its third fiscal quarter on higher grain costs and lagging results from its chicken business. An oversupply in the poultry industry has kept prices depressed. Poultry demand has remained stubbornly low as cash-strapped families cut back on restaurant dining and prepared meals that once underpinned chicken sales.
MELVILLE, N.Y. (AP) — Arrow Electronics announced a $2,857-per-share bid for Japanese electronic components supplier Chip One Stop on Monday. Arrow declined to disclose the total value of the deal. Chip One Stop is based in Yokohama, Japan. Arrow said its sales for the latest fiscal year were about $47 million.
TOKYO, Aug. 8 (Kyodo) — Bridgestone Corp. said Monday its group net profit in the January-June period increased 21.6 percent from a year earlier to 54.12 billion yen on brisk sales of tires, its mainline product, both in Japan and overseas. The tiremaker's consolidated operating profit in the first half of the business year rose 19.
SEATTLE, Aug. 5 (Kyodo) — Toyota Motor Corp. said Friday it will start mass-producing an electric version of the RAV4 sport-utility vehicle, which it is now jointly developing with U.S. EV venture Tesla Motors Inc., at its plant in Ontario, Canada, in 2012. Toyota currently manufactures gasoline-powered RAV4s at the Ontario plant, and will produce its EV version using motors and batteries made by Tesla at its California factory, the Japanese automaker said.
WASHINGTON (AP) — The Republican chairman of the House Oversight committee has subpoenaed documents from the National Labor Relations Board's lawsuit against Boeing Co., increasing the political pressure over a case that has the GOP fuming. Rep. Darrell Issa of California, a leading critic of the dispute, claims the lawsuit interferes with the company's ability to decide where to do its work.
WASHINGTON (AP) — Anger at the nation's leaders for taking so long to strike a debt-ceiling deal has turned into high anxiety over jobs and the economy amid growing fears of a new recession. The news that credit rating agency Standard & Poor's downgraded the nation's credit rating a notch for the first time ever only added to the tension.