NEW ORLEANS (AP) — Amid the rubble of the General Motors crash and federal bailout of 2009 are 89 orphan GM properties — including the GM plant in Shreveport — for which a special trust is trying to find a future. Only the Shreveport plant still produces vehicles — and that's scheduled to end by mid-2012.
WASHINGTON (AP) — U.S. automakers rebounded in July to boost factory production by the most since the Japan crisis. But builders broke ground on fewer single-family houses, leaving home construction at depressed levels. The mixed data suggest that the economy remains fragile but is not on the cusp of another recession.
CHARLESTON, W.Va. (AP) — WorkForce West Virginia says more than $80,000 in fraudulently obtained unemployment benefits were recovered in the second quarter of this year. The agency says its unemployment compensation division detected fraud in claims filed by 257 people during the quarter and requested warrants in 106 of those cases.
DEARBORN, Mich. (AP) — The U.S. government has agreed to pay $10.8 million to settle Ford Motor Co.'s claim for cleaning up its Rouge complex from pollutants dating back to its role as a military production site in World War I. The Dearborn automaker sued the government in Detroit federal court in 2004.
JACKSON, Miss. (AP) — Delphi Automotive says it's investing about $15 million to improve its manufacturing plant in the south Mississippi city of Brookhaven. The investment by the international automotive supplier was announced Monday by Mississippi Gov. Haley Barbour, who said more than 200 jobs will be retained there.
KALISPELL, Mont. (AP) — Plum Creek Timber Co. has temporarily shut down its plywood plant in Columbia Falls after two workers were injured. Tom Ray is Plum Creek's vice president of Northwest Resources and Manufacturing. He told the Daily Inter Lake (http://bit.ly/pz7w77 ) the injuries prompted a safety review and the plant shut down Monday.
WASHINGTON (PRNewswire)—The U.S. Army awarded Lockheed Martin a $47 million contract to develop, demonstrate, and deliver autonomous technologies for unmanned air systems in support of in-theater unmanned cargo resupply missions. Under the contract, Lockheed Martin and Kaman will demonstrate intelligent autonomous technologies for unmanned aerial systems using the K-MAX helicopter platform.
BOSTON (AP) — A solar energy company that received millions of dollars in grants and tax incentives from Massachusetts before closing one of its facilities in the state has voluntarily filed for bankruptcy relief. Marlborough-based Evergreen Solar announced Monday that as part of its reorganization it would reduce its U.
CHICAGO (AP) — Industrial maintenance and safety products supplier W.W. Grainger Inc. plans to buy European fastener distributor Fabory Group for $344 million to boost its product offerings. Fabory, based in the Netherlands, sells its 80,000 products in 14 countries. It had 2010 revenue of about $300 million.
AMES, Iowa (AP) — More than half the manufacturers surveyed in six western Iowa counties say they are being affected by Missouri River flooding. The flooding has played havoc with transportation logistics and employee commuting, given the blockages of Interstate 29 and the closing of some Nebraska-Iowa bridges over the river.
OWENSBORO, Ky. (AP) — A Daviess County jury has ruled that Daramic Inc. did not discriminate when it fired two older workers at its Owensboro plant. Paul Mitchell and Paul Stinnett filed suit after they were fired in Oct. 2008. Mitchell, the plant's production scheduler, was 59 at the time and had been with the company for 17 years.
STERLING HEIGHTS, Mich. (AP) — General Dynamics Corp.'s land systems unit has been awarded two contracts to provide tank work for Saudi Arabia with a combined value of $42.4 million. The contracts were awarded by the U.S. Army on behalf of the Royal Saudi Land Forces. This work is part of a plan by Saudi Arabia to upgrade its fleet of 314 Abrams tanks.
WICHITA, Kan. (AP) — A longtime Wichita aircraft worker has died from injuries he suffered in an accident on the job. Officials of Spirit Aerosystems say Jerry Milligan was injured Thursday afternoon when he and other workers were moving a fuselage panel. Milligan died Saturday at a Wichita hospital.
NEW HAVEN, Ind. (AP) — Northeastern Indiana residents irritated for years by an aluminum smelting plant's emissions are now worried a proposed copper wire plant nearby will worsen the region's air quality. New Haven resident Don Markley says he and his neighbors have for years endured the health impacts of emissions from OmniSource Superior Aluminum.
MOUNTAIN VIEW, California (AP) — Google Inc. is buying cell phone maker Motorola Mobility Holdings Inc. for $12.5 billion in cash. It's by far Google's biggest acquisition and a sign the online search leader is serious about expanding beyond its core Internet business and setting the agenda in the fast-growing mobile market.
DETROIT (AP) — Honda Motor Co. plans to build an $800 million factory in Mexico to make small cars for customers in North America, the company said Friday. The plant, near Celaya, Guanajuato, north of Mexico City, is expected to open in 2014 and will employ 3,200 workers from the region, Honda said in a statement.
WASHINGTON (AP) — Consumers spent more on autos, furniture, clothing and gas in July, pushing up retail sales by the largest amount in four months. The gain signaled that Americans are a little more confident in the economy and could helped dispel fears that the country is headed for another recession.
STOCKHOLM (AP) — The owner of Sweden's Saab is issuing new shares under a €150 million ($214 million) equity facility to keep the troubled car maker afloat. Swedish Automobile, or Swan, said Monday it is issuing 4 million new shares under an existing agreement with GEM Global Yield Fund Limited.
WASHINGTON (AP) — For the dozen lawmakers tasked with producing a deficit-cutting plan, the threatened "doomsday" defense cuts hit close to home. The six Republicans and six Democrats represent states where the biggest military contractors — Lockheed Martin, General Dynamics Corp.
BEIJING, Aug. 15 (Kyodo) — Toyota Motor Corp.'s China subsidiary said Monday it will recall 33,380 Toyota Corolla EX sedans for repair to fix an engine computer malfunction. The company said the onboard computer controlling engine functions may fail when the computer case is exposed to static electricity, making it impossible to start the engine or causing the engine to stall.