PEORIA, Ill. (AP) — Caterpillar says sales of its construction and mining equipment remained strong in April when global sales soared 66 percent over last year. The company provided an update on its sales Thursday in documents filed with the Securities and Exchange Commission. Latin America continued to be the strongest region with equipment sales growing 72 percent over last year.
Mass. jobless rates dips to 7.8 percent in April BOSTON (AP) — The Massachusetts unemployment rate continued falling in April. In April the rate dropped to 7.8 percent, down from 8 percent in March and well below the national unemployment rate of 9 percent. That's down from a state high of 8.
BISMARCK, N.D. (AP) — Bobcat Co. plans to bring back some production to its shuttered Bismarck factory through the hiring of 35 workers by a logistics company that assembles machines, officials said. The Bismarck Tribune reported Thursday that Menlo Worldwide Logistics will use part of the 463,000-square-foot production plant that Bobcat closed in December 2009, putting some 500 employees out of work.
DAHLONEGA, Ga. (AP) — Koyo Bearings USA, which plans to complete an expansion of its Lumpkin Countyplant next year, will add 50 employees and is holding a job fair. The 70,000-square-foot addition will increase the plant's production of roller bearings. Ground was broken earlier this month.
CHICAGO (AP) — The FBI has requested a DNA sample from "Unabomber" Ted Kaczynski as part of its investigation into the 1982 deaths of seven Chicago-area people who took cyanide-laced Tylenol from packages that had been tampered with, officials said Thursday. Kaczynski, who pleaded guilty in 1998 to setting 16 explosions that killed three people and is serving a life sentence in federal prison, has declined to voluntarily provide a DNA sample.
ST. JOSEPH, Mo. (AP) — A St. Joseph man died when a piece of equipment fell on him at the Herzog plant. Buchanan County officers say 40-year-old Robert V. Montgomery died Wednesday afternoon when the equipment fell on him as he worked on a piece of a railcar. He was pronounced dead at the scene.
Bipartisan Congressional Caucus also active on Facebook, YouTube and Twitter WASHINGTON — U.S. Reps. Don Manzullo (R-IL) and Tim Ryan (D-Ohio) have launched a new website to keep citizens informed of the activities of the House Manufacturing Caucus, which they co-chair.
GROTON, Conn. (AP) — General Dynamics Corp. said Wednesday it received a $33.5 million contract modification to develop advanced undersea technologies. The U.S. Navy awarded the contract to General Dynamics' Electric Boat unit. Electric Boat will conduct research and development studies on technology areas including manufacturing, maintainability, survivability, hydrodynamics, acoustics, and materials.
ROCHESTER, N.Y. (AP) — Shares of Eastman Kodak Co. shot up almost 15 percent in unusually heaving trading Wednesday after CEO Antonio Perez told employees that recent Kodak stock purchases reflect management's faith in the photography pioneer's future. Some analysts suspect, however, that the stock price surge reflects Kodak's recent preliminary triumphs over smartphone giant Apple Inc.
MOLINE, Ill. (AP) — Deere & Co. plans to invest $80 million in a new agricultural equipment manufacturingplant in northeast China to help meet increased demand in the region. Deere, based in Moline, Ill., announced the new plant Wednesday morning as it released its quarterly earnings report.
GENEVA (AP) — European aircraft maker Airbus received state subsidies that hurt U.S. rival Boeing Inc., but not all of them were illegal under international rules, the World Trade Organization said Wednesday. The mixed decision by a WTO appeals panel allowed Brussels and Washington to both claim a victory of sorts in their tit-for-tat dispute over financial aid to airplane manufacturers that has become the costliest and most complex ever to be heard by the international trade body.
NEWNAN, Ga. (AP) — Yamaha officials say the first production run of new all-terrain vehicle models transferred to the U.S. from overseas facilities will take place this month at the company's factory in Newnan, Ga. Yamaha Motor Corp., U.S.A. and Yamaha Motor Manufacturing Corporation of America called the announcement on Wednesday a major step forward in the companies' long-term strategy to transfer the majority of Yamaha's worldwide ATV manufacturing to the U.
MADISON, Wis. (AP) — A Fond du Lac man has filed a federal lawsuit accusing Kraft Foods of firing him rather than accommodating his bad back. James L. Brown was hired in 2001 at a Kraft frozen-pizza facility in Little Chute. His lawsuit says he missed a few days of work in 2008 to get treatment for chronic back pain.
NEW YORK (AP) — A man fired from his job at a small manufacturing company went to his employers' home Tuesday with a handgun and shot them both, then barricaded himself inside their basement before he was shot to death during a police confrontation, authorities said. Ilya Iglanov, 48, went to the couple's home at about 12:30 p.
RENO, Nev. (AP) — The former chief financial officer for an electronic door lock manufacturer in Sparks has been indicted on federal charges accusing him of embezzling more than $2 million from his employer. Federal prosecutors say Juan Ramon Cabezas surrendered to authorities on Tuesday. The 55-year-old Reno man was indicted May 11 on 22 counts of bank fraud and 15 counts of mail fraud.
MINNEAPOLIS (AP) — General Mills says it has signed a deal to buy a controlling stake in French yogurt company Yoplait for about $1.15 billion. The deal protects General Mills' U.S. yogurt business. The food maker has sold the world's second-largest yogurt brand under license in the U.S. for 30 years.
WASHINGTON (AP) — Often maligned, the french fry is fighting back. The spud has had a tough time lately. In the last year, it has been marginalized by new school lunch rules, demonized by a popular television program and blamed for the nation's obesity epidemic. Health advocates and government officials have pushed to take them off lunch lines, where kids often reach for the crispy treats instead of greener vegetables.
MOLINE, Illinois (AP) — Deere & Co. said Wednesday its fiscal second-quarter profit soared 65 percent because of strong demand for its agricultural equipment, especially in the United States, Canada and Brazil. The company also said it plans to invest $80 million in a new agricultural equipment manufacturing plant in northeast China to help meet increased demand in the region.
PHILADELPHIA (AP) — Mack Trucks Inc. and its parent, AB Volvo, will pay $525 million to settle a class-action lawsuit filed by more than 9,300 retirees of the North Carolina truck maker after they challenged potential reductions to their lifetime health benefits. The Legal Intelligencer reported Tuesday that Senior U.
PALO ALTO, Calif. (AP) — After its CEO warned of another tough quarter, Hewlett-Packard Co. cut its full-year outlook Tuesday citing to soft PC sales and the effects of the earthquake in Japan. HP said its net income for the latest quarter rose slightly, but investors focused on challenges ahead sent shares down 5 percent before the market opened Tuesday.