STOCKHOLM (AP) — Saab owner Swedish Automobile NV says its losses widened further in the second quarter and that it still hasn't secured the funding needed to keep the ailing car brand afloat. Swedish Automobile — previously known as Spyker — on Wednesday reported a second-quarter loss of €152 million (nearly $220 million) compared with a loss of €60 million in the same period last year.
NASHVILLE, Tenn. (AP) — Tennessee Gov. Bill Haslam said a company that makes fuel systems for automotive and other manufacturers is investing $5 million in its Gallatin plant to expand and add 114 new jobs. The Tennessee Economic and Community Development Commission said in a news release Tuesday that ABC Group Fuel Systems is investing $5 million in the plant expansion, and the added jobs will be a combination of full-time production and maintenance positions.
BEREA, Ky. (AP) — Hitachi Automotive Systems Americas Inc. is opening its third plant in Kentucky. The new plant, to be located in Berea in central Kentucky, will make electric drive motors for hybrid and electric vehicles, including the Chevy Volt. The company is investing $74.5 million in the facility, which will create 130 new jobs.
TUPELO, Miss. (AP) — One of Toyota's first models sold in the United States should soon be on display at the Tupelo Automobile Museum. WTVA-TV (http://bit.ly/p7OUGu ) reports the museum is restoring a dark blue Toyopet Crown Deluxe. The Toyopet was first sold in the United States in 1958 for $2,300.
LIBERTY, S.C. (AP) — A 41-year-old man has died after falling into a machine while he was working at the Liberty Denim plant. Pickens County Coroner Kandy Kelly says the accident happened around 3:15 a.m. Wednesday. Kelly says the man's name has not been released. An autopsy will be performed.
WASHINGTON (AP) — The Justice Department filed suit Wednesday to block AT&T's $39 billion deal to buy T-Mobile USA on grounds that it would raise prices for consumers. The government contends that the acquisition of the No. 4 wireless carrier in the country by No. 2 AT&T would reduce competition and that would lead to price increases.
WASHINGTON (AP) — U.S. factory orders rose strongly in July on the biggest jump in demand for autos in more than eight years and a surge in commercial airplane orders. The increase suggests supply chain disruptions created by the Japan crisis are easing. Factory orders climbed 2.
NAGOYA, Aug. 31 (Kyodo) — Toyota Motor Corp. and other major automakers in Japan will restart their operations on Thursdays from September after having to shift them to the weekends due to power shortages triggered by the March 11 earthquake. The carmakers suspended operations on Thursdays and Fridays in July and August to avoid boosting electricity consumption during busy hours under the initiative of the Japan Automobile Manufacturers Association.
OAKES, N.D. (AP) — A plant in the southeast North Dakota city of Oakes that was slated for closure at the end of August was saved when it was bought by a locally owned company. Gov. Jack Dalrymple says Harris Machine Co. has purchased the JLG Industries plant in the community of about 1,700 people and plans to expand it.
OMAHA, Neb. (AP) — A Nebraska company is planning to spend $10 million expanding its manufacturing plant in Omaha and hire about 30 more workers. Intersystems, which makes equipment for grain elevators, processing plants and port facilities, announced its plans on Tuesday. Its products help sort grains, powders, rock and wood chips.
ROME, Ga. (AP) — Authorities say at least one person was burned in an explosion at a northwest Georgia manufacturing plant. Rome-Floyd County Fire Chief Gordon Henderson tells the Rome News-Tribune (http://bit.ly/nLyfN6) that one person was being treated for steam burns. He did not know the extent of the person's injuries.
DETROIT (AP) — Automakers are gearing up to make more compact cars this year. It's another bet on a part of the car market that has thrived this year as consumers fret about the economy but still want a new set of wheels. General Motors is adding Saturday shifts in the fourth quarter at an Ohio factory that makes the compact Cruze, two people briefed on the matter said Monday.
MICHIGAN CITY, Ind. (AP) — A company that makes air compressors and other air tools says it will expand its headquarters in northern Indiana and expects to add some 100 jobs in the next few years. United Technologies subsidiary Sullair Corp. announced Tuesday it would spend up to $12.
BRYAN, Ohio (AP) — Ohio's Spangler Candy Co. is adding jobs and space to produce more candy canes sold under brand names such as Jelly Belly and Cinnabon. The company said in a statement Monday that it will spend $400,000 to upgrade and install two candy cane production lines at its plant in Bryan, the northwest Ohio community where Spangler is based.
RICHLAND, Wash. (AP) — The Department of Energy may not be able to complete the Hanford vitrification plant for the projected $12.2 billion, according to an internal DOE document. The $12.2 billion figure is at risk due to uncertainties in congressional funding for the project, increased cost growth outpacing savings and delays in resolving technical waste mixing issues, according to a briefing document by the Construction Project Review team.
TOKYO (AP) — Most Japanese automakers are reporting lackluster vehicle production and sales figures for July. The results underscore ongoing malaise in the industry as it grapples with a strong yen, a precarious global economy and recovery from the March 11 earthquake and tsunami.
RICHMOND, Va. (AP) — Gov. Bob McDonnell says Pfizer is selling its manufacturing plant in Henrico County to Fareva. McDonnell announced the deal Tuesday in a news release. He says Fareva plans to acquire and invest $42 million in the facility. McDonnell says the plant will continue to produce Pfizer consumer products under a manufacturing and supply agreement between the companies.
NASHVILLE, Tenn. (AP) — An automotive supplier will open a new $23 million manufacturing plant and create 400 jobs in the next five years in Perry County, where the unemployment rate in recent years has reached nearly 30 percent, Gov. Bill Haslam announced Tuesday. The Republican governor and Economic and Community Development Commissioner Bill Hagerty said Michigan-based NYX Inc.
DECATUR, Ill. (AP) — A business in Decatur that makes iron castings plans to celebrate its 75th anniversary by adding a shift and hiring dozens of workers. Decatur Foundry President Terry Young on Monday said he plans to add a weekend shift before the end of the year and hire 35 to 50 workers.
MELBOURNE, Fla. (AP) — Harris Corp. said Monday that it has been awarded a $16 million follow-on contract by Lockheed Martin Corp. to supply more than 100 radio systems to the U.S. Army. The communications and information technology company said the contract brings the total value of contracts to Harris under the Army's Warfighter Information Network - Tactical program to more than $200 million since 2002.