SYDNEY (AP) — Australia's largest steel maker BlueScope Steel Ltd. announced Monday it will shut two production facilities and shed 1,000 jobs as part of a restructure aimed at turning around a 1.05 billion Australian dollar ($1.09 billion) annual loss. Bluescope said it will shut down a blast furnace at Port Kembla in New South Wales state and close its Western Port hot strip mill in Victoria state.
GROTON, Conn. (AP) — General Dynamics Corp. said Monday that its Electric Boat subsidiary received a pair of U.S. Navy contract modifications worth a combined $32.9 million to continue developing the common missile compartment for submarines and for submarine maintenance work. Under the first modification, Electric Boat will design and produce equipment to be used in the production of the common missile compartment for the United Kingdom's ballistic-missile submarine and the United States' Ohio replacement submarine.
CHICAGO (AP) — An automotive parts manufacturer did not violate a collective bargaining agreement by closing its plant in central Illinois and moving production to its non-unionized factory in Kentucky, a federal appellate court ruled Friday. The 7th U.S. Circuit Court of Appeals backed a lower court ruling that ZF Boge Elastmetall never made commitments to the United Auto Workers that it would keep open its plant in Paris, a town about 150 miles east of Springfield near the Indiana border.
ST. PAUL, Minn. (AP) — The state of Minnesota and U.S. Steel have reached a deal that permits the company to expand production at one Iron Range plant while capturing polluted wastewater at another, state officials said Friday. Minnesota Pollution Control Agency officials tell Minnesota Public Radio News (http://bit.
RIDLEY TOWNSHIP, Pa./PRNewswire/ -- Boeing has received a $1.64 billion (1 billion pounds Sterling) contract from the UK Ministry of Defence (MOD) to provide 14 new CH-47 Chinook helicopters and associated support for the first five years to the Royal Air Force (RAF). The new-build CH-47 Mark (Mk)-6 Chinooks are part of the MOD's Strategic Helicopter Vision to modernize its helicopter force structure, and will expand the RAF fleet to 60 Chinooks.
BELOIT, Wis. (AP) — Beloit fire officials say an air compressor exploded at a Hormel Foods Corp. production facility, leading to a fire that caused an estimated $50,000 in damage. No injuries were reported. The fire department says the incident was reported Thursday about 3 p.m.
DEARBORN, Michigan (AP) — Ford Motor Co. and Toyota Motor Corp. have decided to work together on a gas-electric hybrid engine to power pickup trucks and sport utility vehicles. The companies signed a deal Monday to share development costs, saying they want to make the technology more affordable for customers and bring it to market faster.
FARGO, N.D. (AP) — A man who became pinned under a large metal bin in Fargo's industrial park has died from his injuries. The Forum newspaper reports (http://bit.ly/mTfNqf ) that 49-year-old Noren Ellingson sustained a traumatic brain injury in the workplace accident on Tuesday, Ellingson died Thursday at a Fargo hospital.
Charging stations that can fill the batteries of an electric car in 30 minutes or less are moving from the city to the country. A $2 million federal stimulus grant will finance 22 fast-charging stations in smaller cities in the northwestern corner of the state, the Oregon Department of Transportation announced Thursday.
SAN FRANCISCO (AP) — Hewlett-Packard says it will end its tablet computer and smartphone businesses, and it is considering selling its PC business. HP has been rumored for six months to have been in talks to spin off or sell its PC business. But the smartphone and tablet announcement was surprising.
HUDSON, Wis. (AP) — The U.S. Department of Labor is providing a $918,010 grant so Wisconsin can provide services to about 325 workers being affected by layoffs in western Wisconsin. The National Emergency Grant is being awarded to the Wisconsin Department of Workforce Development.
BRASILIA, Brazil (AP) — Boeing Co. says it will provide a full transfer of technology to Brazil if the U.S.-based company wins a $5 billion fighter-jet bid. The president of Boeing Military Aircraft tells Brazil's Senate that the South American country would be able to fully produce the F-18 Super Hornet if it purchases the planes from Boeing.
OMAHA, Neb. (AP) — The economy in rural areas of 10 Midwest and Plains states appears to be slowing down as concerns about the nation's financial health grow, according to a new monthly survey of bankers released Thursday. The overall Rural Mainstreet index for the region dipped below 50 for the first time this year, hitting 49.
SAN FRANCISCO (AP) — Toyota Motors and the corporation that ran California's only auto manufacturing plant before it shut down last year have agreed to pay $6 million to settle a lawsuit brought by a group of former workers who claimed they were illegally denied severance benefits. Seven workers who were on medical leave in the six months before the Fremont-based New United Motor Manufacturing plant closed had alleged that NUMMI managers and Toyota violated the Americans With Disabilities Act by refusing to pay them incentive bonuses that were offered to employees who worked during that period.
WAMEGO, Kan. (AP) — Caterpillar Inc. plans to expand a manufacturing plant in eastern Kansas, so it will be able to meet the growing demand for its construction and mining equipment. Caterpillar said Thursday it plans to add a new 40,000-square-foot building to its existing plant in Wamego, Kan.
CHEEKTOWAGA, N.Y. (AP) — American Axle & Manufacturing says it will close its only remaining Buffalo-area plant when the current labor contract expires next February. About 90 jobs will be lost. The Detroit-based auto parts supplier cites a shift in consumer demand toward vehicles that don't use parts made at the plant and the closing of assembly plants supported by the facility.
NASHVILLE, Tenn. (AP) — A German company has announced plans for a manufacturing plant that will create more than 120 jobs over five years in Lauderdale County. State officials said Wednesday that Quaprotek USA will produce metal parts for vehicles, engines and power trains, investing $22 million in an existing 63,000-square-foot building in Ripley.
STERLING HEIGHTS, Mich. (AP) — Jeff Swanson was in the market for a new car just a few weeks ago. Then the stock market went crazy. So Swanson, 25, decided to keep his 10-year-old Pontiac Grand Prix for at least another year. Gyrations in stocks and talk of a weakening economy rattled Swanson's confidence about taking on another payment, even though his new job running a home for mentally disabled people seems to be secure.
SEATTLE, PRNewswire - Boeing (NYSE: BA) received U.S. Federal Aviation Administration (FAA) and European Aviation Safety Agency (EASA) certification Friday for the new 747-8 Freighter, passing two of the final landmarks on the airplane's journey to entry into service. The FAA granted Boeing an Amended Type Certificate (ATC) and an Amended Production Certificate for the 747-8 Freighter, while the EASA also granted the company an ATC for the airplane.
STOYSTOWN, Pa. (AP) — A western Pennsylvania scrap metal worker has died of burns he suffered when he was cutting a lock off a large steel box that he didn't know contained at least 50 pounds of explosive black powder. Fifty-year-old George Rininger, of Hooversville, died at a Pittsburgh hospital on Saturday, a day after he was injured while working for Kantner Iron and Steel in Stoystown.