Kia Motors Corp said Wednesday that second-quarter net profit quadrupled to a record, boosted by weakness in the local currency and robust vehicle demand in South Korea. Kia Motors, South Korea's second-largest automaker, earned 347.1 billion won ($279 million) in the three months through June, the company said in a regulatory filing.
FRESNO, Calif. (AP) — A California beef processor that voluntarily recalled tons of hamburger meat due to salmonella fears last week was slapped with animal handling citations last year in a government review of meatpacking plants, records show. At least 28 people in three western states have reported salmonella-related illnesses since last Thursday, when Fresno-based Beef Packers Inc.
Police arrested four mining protesters who chained themselves to the front door of the West Virginia Department of Environmental Protection headquarters Tuesday. The protest was the latest in a string of actions targeting surface coal mining in Appalachia.
Corning Inc. said Tuesday its output of liquid-crystal-display glass will be lower than expected in the third quarter after an earthquake halted glass production at a plant in Japan. Operations at its factory in Shizuoka, southwest of Tokyo, "are currently suspended and we believe they will remain so for some time," said Corning's chief financial officer, James Flaws.
Walk into your neighborhood grocery and you'll likely find local apples, local cherries or local potatoes. What you're not likely to find is local beef — or, for that matter, local lamb or local pork. The "locavore" movement may be sweeping the nation, but there is a big gap when it comes to meat.
An idled chemical plant in western Pennsylvania is getting back to business this week, with all of its more than 250 workers expected back by next week. Indspec Chemical Corp.'s plant is in Petrolia, about 60 miles north of Pittsburgh.
Sweco, a manufacturer of industrial particle separation equipment, wanted to streamline its parts painting operation. The process includes blasting the many parts and components that go into the assembly of the company’s equipment with steel shot, then painting, and properly drying the parts after the primer or paint is applied.
Josh Green This weekend, word spread that a major African supplier to Gap and Levi is suspected of harming people and the environment. According to a report in London’s Sunday Times , the Lesotho facility of Taiwan-based supplier Nien Hsing is dumping harmful chemicals into a river that serves as a source of drinking water.
General Motors Corp. said Tuesday its Chevrolet Volt rechargeable electric car should get 230 miles per gallon (98 kilometers per liter) of gasoline in city driving, more than four times the current champion, the Toyota Prius. The Volt is powered by an electric motor and a battery pack with a 40-mile (65-kilometer) range.
Power provider Dynegy will sell eight plants plus another under development for about $1 billion in cash and $500 million in stock as the company attempts to bolster its finances and reduce debt. Houston-based Dynegy reported Monday that its second-quarter loss widened by 27 percent as it wrote down the value of some of the plants it will sell to former development partner LS Power Associates and because of falling energy prices.
As hundreds of thousands of clunkers head to the scrap yard, General Motors has dropped out of a partnership that collects toxic parts from recycled automobiles to prevent mercury pollution. Participants in the environmental program told The Associated Press the timing of GM's departure could undermine their work.
CONCORD, N.H. (AP) —New Hampshire became at least the 17th state to enact a law requiring large companies to inform workers and the state before mass layoffs or plant closings. Gov. John Lynch signed the New Hampshire Worker Adjustment and Retraining Notification Act into law Monday. It requires that companies give at least 60 days' notice before shutting down a plant or laying off one-third or more of its workforce at one time.
BAE Systems has been awarded two U.S. Army contracts combined worth more than $2 billion for infrared technology systems, with the bulk of the work planned for facilities in Massachusetts and New Hampshire. The company planned a news conference Monday at its Lexington plant to announce the 5-year contracts and demonstrate the technology.
Hiring in the alternative energy industry will pick up in the next 12 months, though it will take some time before so-called green-jobs will not become a bigger part of the U.S. job market, Labor Secretary Hilda Solis said Monday. "Once you start seeing more investments made in our economy recovering, as we stabilize and we get people back to work, then I think there'll be more interest in expanding," Solis said.
Vent-A-Kiln (Buffalo, NY) has developed the Portable Fume Exhauster (Model PFE), an efficient solution for removing and ventilating fumes produced by welding, brazing, soldering, and plasma cutting. The Model PFE is a mobile version of the wall-mounted Model FE, and yet is a complete, self-contained unit which can be wheeled into any location.
In today’s manufacturing environments, compressed air is often regarded as an important means towards completing everyday tasks. Used to power various tools and equipment, compressed air is essential to the daily operations of countless assembly, maintenance, and repair professionals. Incorporating several small day-to-day tasks into a preventative maintenance routine can make a difference in the life and repair cost of an air compressor.
A 1987 report “Technology and the American Economic Transition” from the Office of Technology Assessment predicted that “during the next two decades, new technologies, rapid increases in foreign trade, and the tastes and values of a new generation of Americans are likely to reshape virtually every product, every service, and every job in the U.
Anna Wells, Editor, IMPO The day my mom joined Facebook elicited a strange reaction in me: something wavering on dumbfounded pride. My mom was all grown up, graduating from some technological university I’d assumed she wasn't even aware of. The day she joined Twitter was borderline scary.
Actor Danny Glover joined striking workers at a rally in Terre Haute Saturday. Glover said he was proud that the strikers refused to be victimized. The 63-year-old actor says he grew up in a union household and says the working class is one big family.
The Cash for Clunkers program has been a boost to car sales, but the concerns of some salvage yard owners and car dealers show that not everyone is happy. Richard Harris, owner of Valley Auto Parts in Dayton, said the program's requirement that clunkers' engines and drivetrains be destroyed will lead to fewer parts and higher prices.