A pulp and paper mill part-owned by billionaire Oleg Deripaska agreed Monday to compensate about 2,000 workers who have been struggling to feed their families since the plant on the shores of Lake Baikal closed last year.
Semiconductor parts maker Diodes Inc. hiked its sales estimate for the second quarter Monday, saying demand is picking up, especially in Asian countries. Diodes now projects sales to come in 22 percent to 30 percent higher than the first quarter, meaning sales of $95.
"Black boxes" — or, more precisely, the flight data recorder and the cockpit voice recorder — came into general use in civil aviation during the 1950s. They have evolved over the years and today's generation are highly sophisticated digital devices able to withstand intensely high temperatures — and, in the world's deepest oceans, crushing water pressures. They are housed in extremely strong metal boxes designed to be resistant to all but the most violent impacts.
For years, the Environmental Protection Agency has endorsed the recycling of ground-up tires to cushion the surfaces of children's playgrounds and sports fields — the same material used for the Obama family's new White House playground.
A $7 million federal grant program to help train laid-off autoworkers and other unemployed people for new careers may not seem like much, but Education Secretary Arne Duncan said it was money immediately available and more help will be on the way.
Ford Motor Co. will provide $125 million or more in debtor-in-possesion financing to Visteon Corp. as the automotive parts supplier reorganizes under Chapter 11 bankruptcy protection. In a Securities and Exchange Commission filing Thursday, Visteon, which filed for bankruptcy protection last week, said its former parent company would provide aid and also take assignment of Visteon's asset-backed loans under a revolving credit facility.
Hummer owners are an unusual breed, but a little-known Chinese company's surprise purchase of the American maker of gas-guzzling, military-style SUVs is audacious even by their standards.
Technical fabrics maker Glen Raven has a range of GlenGuard®FR fabrics for industrial protective apparel. The fabrics are designed to be lighter weight and more flexible while exceeding NFPA 70E industrial safety standards for thermal and body burn protection.
Shure’s new waste and recycling cabinet is built with large tilt-out doors to reveal a plastic receptacle for waste or recyclable materials. Steel doors with aluminium handles conceal the waste. A stainless steel top can also be purchased. The cabinet comes in 22 Shure signature powder coat paint colors and is available in three sizes: Single Cabinet – 25 1/8” W × 27 3/4” D × 34 3/16” H Double Cabinet – 48 5/8” W × 27 3/4” D × 34 3/16” H Triple Cabinet – 72 1/8” W × 27 3/4” D × 34 3/16” H Learn more: www.
Orders to U.S. factories rose 0.7 percent in April, the second increase in three months and further evidence that manufacturers may be recovering. Still, the Commerce Department's report Wednesday was below analysts' expectations of a 0.
Hyde has added a wire brush and integrated scraper to its MAXXGRIP PRO® line, comprising an industrial grade wire brush and steel carbon blade. It’s designed to: Remove corrosion and rust Scrub factory floors Get to the tightest corners Scrape off paint and coatings Work on wood, metal, concrete and masonry According to Hyde, the combo tool’s ergonomic soft-grip handle maximizes grip and eliminates pressure points, reducing user fatigue.
The next generation CPS refrigerant leak detector can sense leaks as small as 0.1 oz per year. Fully automatic one button operation detects most refrigerants including R410A. Two LED readouts are used to indicate the concentration and location of the leak. Learn more: www.
On Tuesday, June 2, Lockheed Martin (NYSE: LMT) and the Air Force Research Lab (AFRL) successfully conducted the initial demonstration flight of the Advanced Composite Cargo Aircraft (ACCA).
General Motors Corp. took two key steps toward its downsizing on Tuesday, striking a tentative agreement to sell its Hummer brand and obtaining the first payout of federal loans for its European division. Detroit-based GM said it has reached a memorandum of understanding with a buyer for Hummer, though it did not name the buyer or the price.
General Motors Corp. said Monday that its U.S. bankruptcy filing will have no impact on its thriving China operations, reaffirming what it called its "aggressive growth strategy." "Our operations across China will operate normally," Kevin Wale, president and managing director of the GM China Group, said in a statement.
Economists expect an index measuring the manufacturing sector's health to have contracted at a slower pace in May than in the previous month. Analysts polled by Thomson Reuters expect the index from the Institute for Supply Management, a trade group of purchasing executives, will come in at 42 for May compared with 40.
Can you imagine having a picnic during a full blown hazmat incident? Well I had a front row seat. On a record setting hot and humid day in early June, production was in full swing at Yaskawa Electric America, Inc. located in Buffalo Grove Illinois. Located right next to the large warehouse and production for servo motors were railroad tracks still used by freight trains .
With the average U.S. bridge approaching time for replacement, researchers at the University of South Carolina said Thursday that they'll work with a team of experts to develop a quicker method of detecting cracks and early signs of wear on the structures.
Some key events in General Motors' history: Sept. 16, 1908 - General Motors Company founded by William C. Durant, incorporating Buick Motor Co. Oldsmobile joins GM in November. 1909 - GM sells 25,000 cars and trucks. Acquires Cadillac for $5.5 million.
A person briefed on General Motors Corp.'s plans says the company on Monday will identify the 14 factories it will close as it heads toward a likely Chapter 11 bankruptcy protection filing. The person says United Auto Workers officials in Detroit have told plant-level union leaders that the company will make the announcement, not the union.