Daimler AG has acquired an equity stake of nearly 10 percent of Tesla Motors Inc. This investment deepens the relationship between the inventor of the automobile and the newest member of the global auto industry.
The United Steelworkers (USW) today urged Congress and the Administration to reject any taxpayer-supported plan to restructure automobile companies that would export jobs instead of strengthen the domestic industry.
Critical concession talks between General Motors Corp. and the United Auto Workers are being overshadowed by a public spat about the automaker's plans to import vehicles from other countries while it closes 16 U.S. factories.
The chief of naval operations said Thursday on-time delivery of Lockheed Martin Corp.'s next-generation Joint Strike Fighter will be critical in closing the gap of the fighter jets needed to match current and future threats.
The nation's industrial production fell in April by the smallest amount in six months, fresh evidence that the pace of the economy's decline is slowing. Output by U.S. factories, mines and utilities fell by 0.
Wholesale prices rose more than expected in April as the biggest jump in food costs in more than a year offset a second monthly decline in the price of energy products. The Labor Department said Thursday that wholesale prices climbed 0.
Volkswagen AG executives celebrate raising the first walls of their $1 billion assembly plant here Thursday, giving them a chance to smile amid the auto industry's global despair. When construction is finished and VW starts making a new mid-size sedan in 2011, Chattanooga's biggest catch will be 2,000 jobs at the plant and thousands of others at suppliers and other related businesses.
The MORcinch from Morse is an entirely new type of drum holder, featuring a unique cinching action that adjusts to almost any drum size. Designed to be more secure, the MORcinch embraces almost the entire girth of drums, evenly distributing the weight to maximize security of the grip and minimize stress points that can cause drum sidewall damage.
QC Industries’ new Automation Series low profile belt conveyors offer Pivot™ rotatable drives that can be quickly and easily rotated to almost any position. The drives can be positioned to avoid products on the conveyor belt or obstructions caused by integrated machines.
The Keyence CV-5000 Vision System can transfer over 16 ultra high definition images (2431 × 2050 pixels) per second using the high speed 5 megapixel camera — 11 times faster than previous models. The system allows for the simultaneous use of 14 different models, including the ultra-compact standard and Mega Pixel, as well as the high speed standard (640 × 480 pixels) and high speed 2 Mega Pixel (1600 × 1200 pixels), which can transfer images in 4.
Huot’s new ToolScoot Tree is the latest addition to their lineup of CNC toolholder carts, designed to transport a variety of V-flange and HSK CNC-toolholders. Securing the necessary spanner wrenches, toolholders, collets and cutting tools in one central location makes the ToolScoot Tree ideal for 5S applications.
Dozens of residents stayed away from their homes Tuesday while crews waited for a chemical plant fire to burn itself out. The fire broke out at Columbus Chemical Industries' warehouse late Monday, and three explosions rocked the building just after firefighters arrived, Acting Fire Chief Mark Kenevan said.
General Motors Corp. lost $6 billion in the first quarter and its revenue was cut nearly in half as car buyers feared the wounded auto giant would enter bankruptcy and no longer honor its warranties. The Detroit-based company also said it spent $10.
New applications for jobless benefits plunged to the lowest level in 14 weeks, a possible sign that the massive wave of layoffs has peaked. Still, the number of unemployed workers getting benefits climbed to a new record.
The Canadian government warned United States Steel Corp. on Wednesday that it must live up to its production commitments at the former Stelco Inc. plants in Ontario which it has temporarily shut down. Industry Minister Tony Clement said he sent a letter indicating that the shutdown at plants in Hamilton and Nanticoke, Ontario, may violate commitments the U.
Ford Motor Co. stripped "truck" from the name of one its Detroit-area plants Wednesday as it announced plans to build its next-generation Focus here, including a battery-electric version Ford expects will run up to 100 miles without using gas or emitting greenhouse gas.
C&H claim to have the broadest and deepest selection of storage and material handling products with over 40,000 items available in their catalogue. To order or request a free catalog, call 866-460-7802 or visit their website at http://www.chdist.
FASB’s Proposed Changes The Financial Accounting Standards Board (FASB) is a private sector organization funded by corporations—not the government—and overseen by the Securities and Exchange Commission. Its mission is to develop Generally Accepted Accounting Principles (GAAP), which all public companies must follow.
Hotsy has completely redesigned the 5700 series hot water pressure washer. The series now has a 20 HP Baldor electric motor and is available in 208 V, 230 V, 460 V, 575 V, or 3 phase and comes with thermal overload protection. According to Hotsy, the washer uses an upright coil that delivers high efficiency and maintains constant temperature when using oil, natural gas or liquid propane.
The Deschner Kinechek® hydraulic speed regulator is designed to work with the Andrews Tool air drill and PF04 attachment to allow feed rate adjustments for various hole diameters and different types of material. According to the company, this speed regulator saves significant down time by using a simple adjustment knob, compared with the time intensive screw mechanisms used in traditional positive feed drill motors.