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.
DURHAM, N.C (AP) — LED lighting maker Cree Inc. said it has bought Ruud Lighting Inc., which makes outdoor LED lighting, for about $525 million. Cree said the purchase price consists of $372 million in cash, $211 million in stock and $85 million to retire outstanding debt, offset by about $143 million in future tax benefits related to the acquisition.
NEW ORLEANS (AP) — Paper producer Temple-Inland Inc. took responsibility Wednesday for a huge fish kill on the Pearl River that borders Louisiana and Mississippi, blaming a discharge from one of its paper mills. In a statement, Austin, Texas-based Temple-Inland apologized "for the impact this issue at the mill has had on the Pearl River.
DALTON, Ga. (AP) — Executives of Dalton-based Shaw Industries say the carpet company is laying off employees at plants in the northwest Georgia cities of Ringgold and Eton. The Daily Citizen reports (http://bit.ly/n7O8dn) that company officials declined to say how many workers are affected.
WASHINGTON (AP) — Manufacturing in the mid-Atlantic region contracted in August by the most in more than two years, adding to fears that the U.S. economy is weakening. Those fears sent financial markets tumbling in morning trading. The Philadelphia Federal Reserve's survey of regional manufacturing activity fell to a reading of negative 30.
PEORIA, Ill. (AP) — Caterpillar says global sales of its heavy equipment grew 35 percent in July even though last year's numbers were strong. The world's largest maker of mining and construction equipment provided an update on sales Thursday in documents filed with the Securities and Exchange Commission.
DETROIT (AP) — General Motors confirmed Wednesday that it will build a luxury version of its Chevrolet Volt hybrid. The company said it is moving forward with the Cadillac ELR, which will run on electricity and carry a four-cylinder gasoline engine to generate power when the batteries run out of juice.
ZHUKOVSKY, Russia (AP) — Russian Prime Minister Vladimir Putin vowed Wednesday to keep the development of national aerospace industries a top priority for his government. Putin spoke at Moscow's International Aviation and Space Show at Zhukovsky air base outside the capital, saying that supporting aircraft makers will be an "absolute strategic priority.
WEST POINT, Ga. (AP) — Suppliers for the Kia Motors plant in West Point say they're considering expanding their workforces in preparation for the automaker's plan to construct the Optima sedan. The LaGrange Daily News reports (http://bit.ly/nVkuYl) that the Georgia plant is scheduled to begin producing the 2012 model-year Optima later this year.
CEDAR RAPIDS, Iowa (AP) — A top lobbyist representing the makers of corporate jets and other business aircraft is urging industry employees to tell President Barack Obama to stop criticizing their customers. Pete Bunce, president of the General Aviation Manufacturers Association, told employees of Rockwell Collins during a rally in Cedar Rapids on Wednesday they need to speak out in defense of their jobs.
JACKSONVILLE, Fla. (AP) — Florida will spend $2 million on three new training programs for seaport, air cargo and other international trade jobs. Workforce Florida, a public-private job-creation partnership, announced the Quick Response Training grants Wednesday in Jacksonville.
HUTCHINSON, Kan. (AP) — Renewable energy development in Kansas could help lure businesses to the state, Gov. Sam Brownback said. "I want Kansas to be known as the Renewable State," Brownback said. "To get there, we have to balance the three E's: Energy, Economy and the Environment.