WASHINGTON (AP) — Fisker Automotive, a California manufacturer of luxury electric vehicles, will receive more than $500 million in federal loans to develop a plug-in hybrid sports car with a sticker price of nearly $90,000 and a new plug-in hybrid vehicle to be built in the United States. The Energy Department said Tuesday it would lend $528.
DETROIT (AP) — General Motors Co. will go to 24-hour operations at factories in Kansas, Michigan and Indiana to make up for production lost due to a large-scale factory consolidation announced earlier in the year. The automaker says it will add third shifts at its Fairfax plant in Kansas City, Kan.
GADSDEN, Ala. (AP) — A United Steelworkers official says Goodyear workers in Gadsden voted overwhelmingly in favor of a new four-year contract, which has won national ratification. Local 12 President David Hayes says 63.7 percent of union members in Gadsden voted in favor of the proposed contract, joining other union locals that supported ratification.
DETROIT (AP) — After Jerry Tester lost his job as a contract engineer at General Motors, it soon became clear that the struggling auto industry wouldn't be the place where he would work again. The 45-year-old spent months unemployed before a tip from a friend led him to the Talascend Global Training Academy, where he took a crash course in piping design that landed him a job at Marathon Oil Corp.
A failure that occurs when a belt reaches its ultimate tensile cord fatigue life, after running for a period of two to three years may be considered to be normal. Belt tensile failure due to cord fatigue after a long running period is considered to be ideal. Figure 1 illustrates a jagged 45-degree belt fracture that is typical of tensile cord at the end of its fatigue life.
NEW YORK (AP) — Analysts are keeping a cautious eye on Dell Inc.'s planned $3.9 billion acquisition of Perot Systems Corp., a deal aimed at moving the company beyond personal computers and into technology services. Credit Suisse analyst Bill Shope cut his rating on the company to "Neutral" from "Outperform" in a note to investors Tuesday, a day after the deal was announced.
EAST HARTFORD, Conn. (AP) — Jet engine maker Pratt & Whitney said Monday it will eliminate 1,000 jobs in Connecticut by 2011, transferring engine repair work to Georgia and Asia in a cost-cutting move. The subsidiary of United Technologies Corp. will shut its Cheshire, Conn.
EUGENE, Ore. (AP) -- Tucked away in a nondescript garage off an unpaved alley in Eugene's Whiteaker neighborhood, a group of young entrepreneurs is trying to catch the next wave of human transport by building an affordable, rechargable electric vehicle. The company is called Arcimoto, and it will unveil a prototype of its first vehicle, the Pulse, on Wednesday at Pioneer Square in downtown Portland.
TOKYO (AP) — The chief executive of the Canadian parts maker that is buying a stake in Opel from General Motors said Tuesday talks are planned with Volkswagen to ease the German automaker's concerns about the deal. "Volkswagen has said they are concerned, so we need to finalize internal procedures and have more discussions with them," Don Walker, co-chief executive officer of Magna International Inc.
POOLER, Ga. (AP) — After sitting vacant for seven years, a 1,500-acre industrial site near Savannah landed its first manufacturer Monday as Mitsubishi Power Systems announced plans to produce giant steam and gas turbines in coastal Georgia. The company said it will begin construction before the end of the year on a $325 million plant that will employ about 500 workers.
SYRACUSE, N.Y. (AP) — A Cleveland investment group is offering the highest bid for an upstate New York steel mill going through bankruptcy reorganization. The group headed by Jack Jankovic of JP Industries says it would pay $8 million for the Crucible Specialty Metals steel plant in suburban Syracuse.
DAVENPORT, Iowa (AP) — About 5,000 retired workers are suing Deere and Co. for changes to their health benefits plan, saying the agricultural machinery manufacturer broke its promises. An attorney for the Flex Retirees Organization says in U.S. District Court in Davenport that the retirees thought they and their spouses would have medical benefits for life.
Figure 5 Circuit breakers must be properly maintained and applied in order to operate when called upon. Consider the following scenario: A circuit breaker is helping protect a flow pump and senses a fault downstream. If the electrical distribution system is selectively coordinated, the breaker in closest proximity to the problem on the circuit would trip, isolating the fault to the smallest area.
Caplugs (Buffalo, NY) introduces the new VFT series of vinyl pull-caps, with a textured finish at the top to enable better gripping to save time and effort in the field. According to the company, hands, gloves, and even automated machinery can grip the VFT series up to 80 percent better than traditional caps.
Belden (Richmond, IN) has expanded its line of low capacitance DataBus cables, which consists of PLTC/ITC-ER, PLTC, and TC-ER versions that are specifically designed to meet Fieldbus specification 61158.2. DataBus cables offer a robust electrical design and robust construction to ensure reliable performance, while providing flexibility in industrial environments, including outdoor installations.