JACKSON, Miss. (AP) — Some Mississippi legislators are becoming impatient about the interest payments Toyota Motor Corp. is expected to make on money the state borrowed to bring a $1 billion car plant in Blue Springs. State Treasurer Tate Reeves told lawmakers during a fiscal briefing at the Capitol on Thursday that discussions are ongoing about when the automaker would begin making payments.
ST. PAUL, Minn. (AP) — A Minnesota food company its expanding its voluntary nationwide recall. The Minnesota Department of Agriculture says Parkers Farm took that action after the department determined that all products made at the company's Coon Rapids plant may have been contaminated with the Listeria monocytogenes bacteria.
DETROIT (AP) — The world's cheapest car is being readied for sale in the U.S., but by the time India's Tata Nano is retrofitted to meet emissions and safety standards, it won't be that cheap. Tata Technologies Ltd., the global engineering arm of the Tata group conglomerate, brought the tiny car to Detroit as a publicity stunt for the engineering group.
WASHINGTON (AP) — A federal judge said Thursday the Food and Drug Administration cannot stop shipments of electronic cigarettes into the United States. The preliminary ruling by U.S. District Judge Richard Leon came as California Attorney General Jerry Brown sought in a state court to halt one company's sale of electronic cigarettes.
FRENCHTOWN, Mont. (AP) — Residents of the Frenchtown Valley in western Montana are wondering what the future holds for the region now that the Smurfit-Stone Container Corp. paper mill has closed. About 70 people gathered for a meeting at a Frenchtown high school auditorium Thursday night to talk with community leaders about the impact the loss of 417 jobs will have on the region.
NEW YORK (AP) — Johnson & Johnson is again expanding a recall of Tylenol caplets due to a moldy smell that made some users sick. The company says the problem also affects some lots of its fever and pain drug Motrin. The company's McNeil Consumer Healthcare Products business said the voluntarily recall applies to some batches of Tylenol caplets, geltabs, arthritis treatments, rapid release, and extended relief Tylenol, as well as Motrin IB, chewable extra strength Rolaids, Benadryl allergy tablets, and St.
Contract Pharmacal Corporation (CPC) develops, manufactures, and packages premium pharmaceuticals, over-the-counter drugs, and dietary supplements for some very prominent brand owners. To assure the highest product quality, CPC recently installed five SmartChek x-ray inspection systems from Mettler-Toledo Safeline and seven XE2 checkweighers from Mettler-Toledo Hi-Speed on their packaging lines.
ASGCO (Wheeling, IL) announces the new Skalper IV blade and E-Z Torques Tensioning System, designed to remove carry-back efficiently. The new blade design, with its horizontal sipes/wear grooves across the entire blade cleaning edge, ensures a sharp cleaning edge throughout the life of the blade.
Creform Corporation (Greer, SC) has built the Extreme Size Car—which can be manufactured in virtually any size—to meet needs in large parts handling. The parts feature an elevated load platform with a solid plastic shelf surface to provide for damage-free handling of sensitive parts.
A new dimmable LED power supply from Foster Transformer (Cincinnati, OH) features short circuit and overload protection, making it ideal for industrial facilities wishing to control the output of LED lighting. Encapsulated in epoxy and housed in a 304 stainless steel enclosure, the power supply is resistant to dirt, moisture, and corrosive elements.
Pinpoint Laser Systems (Peabody, MA) announces a new storage display to be used with the Microgage 2D family of products, enabling the operator to record readings right on the factory floor. The measurement readings can then be uploaded to a laptop PC running the Pinpoint Capture software for analysis, plotting, and storage.
Peter Schiff, author of Crash Proof: How to Profit from the Coming Economic Collapse , speaks with Justin Fox from TIME about how he, more or less, predicted the recession in which we're currently suffering, and got mocked for it. His book, published in February of 2007, scored him interviews on high-profile financial talkshows on CNBC and Fox, where he was mocked and dismissed by other commentators as being pessimistic and a bit crazy.
While the North American International Auto Show is being held in Detroit, the city has seen better days. Even though the Big 3 automakers are looking to make a large comeback this year, despite the poor economy, Detroit still suffers in the aftermath of their near-collapse. Ford CEO Alan Mulally, who has helped push his company through the dismal 2009 automotive year, offers some advice on how to revive Detroit.
CNN had the chance to visit the North American International Auto Show this week, where "green" has consistently been the biggest buzzword. From smaller cars, to hybrids and all-electric vehicles, fuel-efficiency and environmentally-friendly practices are No. 1 in Detroit. Also significant is interim CEO of GM Ed Whitacre's statement on the future of his company: he is sure they will be able to pay back the government loans, and they have no more plant closures on the docket.
CNN lists the 10 best and worst jobs for Americans in 2009, with actuaries and historians ranking highly for competitive salaries and normal business hours. Among the worst? Pretty much anything manufacturing, which is a shame. According to CNN , welding is among the worst possible jobs an American can have.
Table saws are responsible for countless workplace incidents every year, whether it comes down to carelessness, lack of training, or just plain bad luck. But some new technology is hoping to change that, and there's potential for these ideas to be migrated over to other heavy, dangerous machinery, such as those you see every day on the plant floor.
BRIDGEPORT, Conn. (AP) — Pratt & Whitney's top executive is likely to testify in federal court near the end of a series of hearings over the jet engine manufacturer's plans to move 1,000 jobs out of Connecticut. David Hess, president of the East Hartford subsidiary of United Technologies Corp.
TRAIL, B.C. (CP) — A Trail, B.C. battery recycling plant is calling in some outside help to avoid a repeat of a spectacular explosion and fire in November. U.S.-based Toxco, Inc. has retained consultants to provide advice on better building design, evaluate the process of battery receiving, storage and treatment, and prepare a risk management plan.
DETROIT (AP) — Asian automakers grabbed their biggest chunk ever of the U.S. car and truck market in 2009, but they'll struggle to build on that momentum this year as rivals in Detroit offer a fleet of efficient, small cars. All automakers that sell cars and trucks in the U.S. will try to woo cautious consumers still nervous about heavy debt, high unemployment and rising gas prices.
WASHINGTON (AP) — President Barack Obama is trumpeting a new White House estimate that his top economist calls "stunning": His stimulus plan has already created or saved up to 2 million jobs. The analysis is part of the administration's quarterly report to Congress on the controversial $787 billion package of spending and tax cuts he signed weeks after taking office.