DETROIT (AP) — The U.S. Energy Department says it has loaned $730 million to the North American arm of one of Russia's largest steel companies to modernize its Detroit-area plant. The government and Severstal North America on Wednesday officially announced plans to upgrade and expand facilities in Dearborn that make steel for the auto industry.
BUFFALO, N.Y. (AP) — Firefighters in Buffalo continue to battle a stubborn blaze at a plant that manufactures industrial lubricants. Buffalo media outlets report that the fire started before 6 a.m. Wednesday at the Niagara Lubricant Co. in the city's Black Rock neighborhood. Thick black smoke spewed from the three-story structure several hours after the fire started.
The Viega ProPress system from Viega (Wichita, KS) is now available for joining stainless steel piping in sizes from ½-inch to 4-inches using press technology to secure pipe connections in under seven seconds. The system of stainless steel pipe, valves, and fittings provides a flameless way for water-tight and gas-tight stainless steel joining.
The Hamilton Caster & Mfg. Co. (Hamilton, OH) engineering department unveils its next generation swivel technology, Hamilton Precision Integrated, HPI. The new HPI design improves the bearing’s element of contact and the number of contact points. It can be found on select series of Hamilton’s heavy duty forged steel casters with load capacities ranging from 600-23,000 lbs per caster.
Acumatica with JAAS Systems (Bethesda, MD) has launched a fully integrated manufacturing, distribution, and accounting solution on the Windows Azure Cloud. Companies can use it to manage sales, inventory, material plans, and master production schedules from a web-browser from any location.
Akro-Mils (Akron, OH) announces the expansion of its line of heavy-duty 19-Series Steel Storage Cabinets to include five drawer colors—black, blue, gray, red, and yellow. Ideal for storing, consolidating, and organizing small parts, these cabinets are available in six models and feature a heavy-duty welded steel frame.
U.S. employers added far fewer jobs than anticipated for a second month in a row, casting doubt on an economic pick-up in the second half of the year. If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
A new, three-dimensional map with a bird's eye view of New York City is showing residents the solar energy potential of their city, the largest in the United States. The map's creators have set out to demonstrate that solar power is more than just an abstract idea. If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
As unemployment inches higher and presidential candidates emerge, the issue of how to add jobs takes center focus. If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department. Have any comments or questions about our Thursday video editions of IMPO Insider? Or do you have a video you'd like to see featured in one of our deployments? Email me at Rachel.
An ultra-realistic robot, known as a geminoid, is helping psychologists test how we relate to machines. The device is designed to be almost identical to the professor who's leading the project in Denmark. If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
A subtle change is emerging in the often overlooked barcodes used on retail items. New "designer barcodes" are meant to give traditional packaging a little extra flair by embellishing a functional barcode, something found on every packaged item. If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
Yuri Kageyama, AP Business Writer TOKYO (AP) — Toyota's president said the car maker plans to take 100 percent ownership of two auto-assembly companies it partly owns and combine one of them with two other subsidiaries in an effort to strengthen Japanese manufacturing. Toyota Motor Corp.
GROTON, Conn. (AP) — Electric Boat has notified workers that it plans to lay off 104 employees at its Groton shipyard. A spokesman for the Groton-based division of General Dynamics Corp. says the layoffs reflect a projected softening of the workload for carpenters, machinists and pipefitters.
July 13, 2011 BUFFALO, N.Y. (AP) — Firefighters are battling a fire at a plant in Buffalo that manufactures industrial lubricants. Buffalo broadcast media outlets report that the blaze started before 6 a.m. Wednesday at the Niagara Lubricant Co. located in the city's Black Rock neighborhood.
Dee-Ann Durbin, Tom Krisher, AP Auto Writers DETROIT (AP) — Two people briefed on the matter say the North American arm of Russia's largest steel company is getting a $730 million loan from the U.S. government. They say Severstal plans to modernize a plant in Dearborn, Mich.
Stephen Ohlemacher, Associated Press WASHINGTON (AP) — President Barack Obama aims at corporate fat cats when he calls for a tax increase on companies that own private jets. But he hits an American manufacturing industry that is just starting to show life after years of slumping sales and thousands of job losses.
GREENVILLE, S.C. (AP) — The chair of President Barack Obama's jobs and competitiveness council is touring his company's gas turbine plant in Greenville to focus on manufacturing in America. General Electric Co. Chairman and CEO Jeffry Immelt is scheduled to meet Wednesday with employees and touring GE's manufacturing and engineering complex.
Stop wasting money on expensive training courses for managers — send the entire team instead! This produces better results, says Johan Bertlett, who recently defended a PhD thesis in psychology at Lund University, Sweden. A good working climate is not only a requirement for job satisfaction.
CARTERSVILLE, Ga. (AP) — Gov. Nathan Deal announced an agreement aimed at allowing Toyo Tire to continue expanding its operations in Bartow County, northwest of Atlanta. Deal said the agreement will expand Bartow County's bonding capacity an additional $910 million. Deal said that will enable Toyo to expand its current facility in Bartow County, adding up to 470 new jobs over the next few years.
TOPEKA, Kan. (AP) — A Topeka economic development board has signed off on a package of incentives for construction of a new Mars Chocolate North America factory south of the city. The Topeka Capital-Journal reports that the Joint Economic Development Organization on Monday unanimously approved the $9.