WATERBURY, Vt. (AP) — Green Mountain Coffee Roasters Inc., which faced sharp criticism from hedge fund manager David Einhorn earlier this week, said Tuesday that it may add about 400 workers in Vermont over the next year to 18 months. The maker of the Keurig single-cup coffee machines says it could add 30 percent more employees in Vermont as it looks to lease more office space and expand new plants.
ERIE, Pa. (AP) — General Electric Co.'s GE Transportation unit said Tuesday that it will hire about 160 new employees in Erie, Pa. by the end of the year and invest $136 million in manufacturing improvements and site upgrades at the unit's headquarters. The company said it plans to hire the production workers by the end of the year to meet rising demand for mining equipment in the United States and worldwide.
DETROIT (AP) — Workers at Chrysler's largest United Auto Workers local have voted in favor of a new four-year contract. Committeeman Bobby Jackson says United Auto Workers Local 685 in Kokomo, Ind., voted for the deal on Tuesday. Vote totals were not available. The vote is a sign that the contract is likely to be approved in voting that ends next week.
WASHINGTON (AP) — Home builders started projects in September at the fastest pace in 17 months, a hopeful sign for the economy. Most of the gain was driven by a surge in volatile apartment construction. That could help create jobs and boost economic growth, but it doesn't signal a comeback for the depressed housing market.
NEW YORK (AP) — Apple Inc. said Tuesday that C Spire Wireless, the country's eighth-largest phone company, will start selling the iPhone 4S in a few weeks. That's a major coup for the small company, which provides service in Mississippi and surrounding states. So far, only the three biggest carriers sell the iPhone in the U.
TORONTO (AP) — Canada's trade minister said Tuesday he's concerned about comments by the U.S. ambassador to Canada defending the "Buy American" provisions in President Barack Obama's jobs bill. Similar provisions in a bill two years ago became a major irritant in trade relations between the United States and Canada, its largest trading partner In a speech Tuesday, Ambassador David Jacobson said the "Buy American" provisions are necessary if parts of the bill have any chance of passage through a fractious U.
Sealevel Systems, Inc. has announced that it will provide advanced custom carrier board designs for GE’s family of COM Express embedded processor modules. Sealevel, known for its expertise in I/O and connectivity, will design and manufacture high performance custom carrier boards and industrial computers based on the GE Intelligent Platforms COM Express modules for GE Intelligent Platforms’ OEM customers.
AUBURN HILLS, Mich. (AP) — A body shop will be added to Chrysler's Sterling Heights Assembly Plant as part of a $165 million investment. Chrysler Group LLC says Tuesday in a release that the new body shop will add more than a million square feet to the plant and will build future products starting in 2013.
BOSTON (AP) — Massachusetts energy officials are pointing to what they say is significant job growth in the state's renewable energy sector. A report released Tuesday by the Massachusetts Clean Energy Center estimates there are now more than 64,000 people in the state working in the so-called "clean energy" economy — or about 1.
CLEGHORN, Iowa (AP) — A fire has caused significant damage to a farm equipment plant in the northwest Iowa town of Cleghorn. According to KTIV-TV (http://bit.ly/rpzddP ), the fire broke out early Tuesday morning at Wetherell Manufacturing, which makes hydraulic cylinders and sprayers for farm equipment.
NEW YORK (AP) — Apple Inc. failed to set a new sales record in the last three months of founder and CEO Steve Jobs' life. Its financial results came in below expectations on Tuesday — a rare miss for the company. After several record quarters, the July-to-September period saw Apple biding its time, with no new iPhone or iPad releases.
RENO, Nev. (AP) — The former chief financial officer for a door lock manufacturer in Sparks faces up to 67 years in prison after pleading guilty to embezzling $2.5 million. U.S. Attorney Daniel Bogden says Juan Ramon Cabezas pleaded guilty on Tuesday to mail fraud, tax evasion, aggravated identity theft, money laundering and bank fraud.
DETROIT (AP) — Ford Motor Co.'s U.S. factory workers approved a new four-year labor contract Tuesday that promises profit-sharing checks and billions in U.S. plant investments but keeps the company's labor costs under control. The United Auto Worker talks are closely watched because they set the pay for 112,000 workers at the Detroit Three large automakers as well as workers at auto parts suppliers and at U.
GOSHEN, Ind. (AP) — A recreational vehicle parts supplier plans to expand its operations in northern Indiana and potentially add more than 300 workers in the coming months. Drew Industries Inc. announced Tuesday that two of its subsidiaries would increase manufacturing in Goshen and Middlebury.
SAN FRANCISCO — Just days after the worst service outage in its history, Research In Motion was expected to unveil a new generation of BlackBerrys Tuesday at a software developer's conference in San Francisco. RIM (TSX:RIM) has struggled through several major setbacks in recent months and the conference gives the Waterloo, Ont.
MILAN (AP) — The Fitch ratings agency has downgraded the credit rating of Italian automaker Fiat SpA because of risks linked to its combination with U.S. automaker Chrysler Group LLC. Fitch said Tuesday that Fiat's own operations may be disrupted by financial difficulties at Chrysler at a time when Fiat is under pressure at its standalone business.
DETROIT (AP) — General Motors Co. said Tuesday that it has sold more than 2 million cars and trucks in China for the second straight year. The company reached the milestone on Tuesday, more than two weeks earlier than it hit the 2 million mark in 2010. GM said Buick sales are up 24 percent in China this year, with Chevrolet sales rising 18 percent and Cadillac sales up 73 percent.
WASHINGTON (AP) — A surge in gas costs drove wholesale prices up in September by the most in five months. Economists cautioned that much of the increase was the result of one-time factors and said broader inflation remains modest. The Producer Price Index, which measures price changes before they reach the consumer, rose 0.
Boeing is losing a major customer for its new 787. China Eastern Airlines Corp. says it has canceled an order for 24 of the planes worth more than $3 billion at list prices. Instead, the Hong Kong-based airline will take 45 new Boeing 737s worth about the same amount. China Eastern also says it will buy 15 new Airbus A330s, worth about $2.
GREER, S.C. (AP) — Honeywell is expanding its Greenville County operations to create 30 new jobs over the next five years. Gov. Nikki Haley announced Monday that Honeywell International Inc. is investing $25 million in its Greer facility. Officials say the company will install more efficient equipment at the plant, which repairs and overhauls propulsion engines for aerospace customers.