General Motors is laying off 560 workers while it retools an engine plant near Detroit to build a new motor. GM says layoffs at the Romulus, Mich., factory will start in August and run to late 2015. The company is rebuilding the inside of the factory to make a new, more efficient V-6 engine.
U.S. safety regulators have added about 320,000 older model Honda Odyssey minivans to a widening probe of faulty air bags that affects at least three automakers and more than 2 million vehicles. Front air bags on the Honda Motor Co. minivans from the 2003 and 2004 model years can inflate without a crash, possibly injuring drivers and passengers.
A shuttered General Motors Corp. stamping plant that once employed more than 6,000 workers near downtown Indianapolis will be demolished this fall after failing to attract a buyer. The property owner's redevelopment manager said that after consulting with commercial real estate experts, it was clear the 102-acre site's well-worn buildings were hampering efforts to sell the property.
Bangladesh has suspended seven inspectors it accuses of negligence for renewing the licenses of garment factories in a building that collapsed in April, killing more than 1,100 people, a top Labor Ministry official said Monday. The official, Mikail Shipar, said a ministry investigation found that the inspectors never even visited the five factories housed in the shabbily built eight-story Rana Plaza building.
The deposition of material on heat transfer surfaces is called fouling which significantly impacts the thermal and mechanical performance of heat exchangers. Fouling increases the overall thermal resistance and lowers the overall heat transfer coefficient of heat exchangers as well as impeding fluid flow, accelerating corrosion and increasing pressure drop across the heat exchanger.
The world of manufacturing and the soldier seem very far apart at first glance, but they both operate in uncertain and rapidly changing environments. The workforce goes to work, while the military goes to war. Thankfully, in the work environment, people do not often die, but companies can fail and people’s livelihoods can be destroyed through bad decisions.
Attorneys for Exxon Mobil Corp. and Exxon Pipeline Co. have filed a motion asking for dismissal of a lawsuit by Mayflower residents over a recent oil spill. ExxonMobil Pipeline's Pegasus pipeline ruptured March 29 and spilled thousands of barrels of oil in the town about 25 miles northwest of Little Rock and forced the evacuation of about 20 homes.
The Toyota Corolla, an aging, stodgy but reliable economy car, is getting a radical new look. The world's largest automaker rolled out a new version of the compact Thursday night at a splashy event in Santa Monica, Calif., hoping to shed the old version's low-cost image and attract new, younger buyers to its brand.
Shares of Elan Corp. PLC jumped Friday after Royalty Pharma once again raised its offer to buy the Irish drugmaker in an increasingly bitter takeover fight. Royalty said it will now pay $13 in cash for each Elan share, and it will give stockholders the right to receive up to an additional $2.50 per share in milestone-based payments. That's up from a previous bid of $12.50 per share.
A southeast Missouri business that makes chrome-plated plastic auto parts is receiving state aid to train its employees. Gov. Jay Nixon said Thursday that Missouri is providing up to $809,000 of job training services for 350 employees at SRG Global in Portageville. He says the training incentives are part of a $4.2 million capital investment by the company.
A South Korean company's arraignment on charges of stealing the Kevlar body armor recipe from the DuPont Co. has been postponed. Kolon Industries was set for arraignment Friday in U.S. District Court in Richmond. That hearing has been changed to a status conference.
The government's release Friday of the May jobs report comes at a time of anxiety over the U.S. economy and whether the Federal Reserve will soon scale back its extraordinary support. Economists expect another month of job gains roughly in line with April's increase of 165,000. The unemployment rate is expected to remain at 7.5 percent, a four-year low but still historically high.
Where do you start in an analysis and how do you streamline and manage this process? Beat 'paralysis by analysis' with this valuable webinar where you will learn RCI's proven methods and tools that work! It's easy to become overwhelmed with so much information and so many options that one doesn't know where to start and how to keep it all organized.
Tank Cloud Remote Monitoring is a cost-effective remote tank level monitoring system that enables users to monitor facilities and processes from anywhere with an internet connection, 24 hours a day, seven days a week, says the company.