Chrysler Group LLC today reported its preliminary third-quarter 2013 results, including net income of $464 million, marking the Company’s ninth consecutive quarter of positive net income.
The government spent $49.5 billion to save GM five years ago. The Special Inspector General for the Troubled Asset Relief Program says the government has recovered $34.5 billion. That leaves $15 billion.
As jet engine manufacturer Pratt & Whitney and the Machinists Union begin negotiations on Thursday for a new contract governing pay, benefits, work rules and other conditions, the top issue will be jobs.
The Manufacturing Jobs for America initiative aims to build bipartisan support for legislation that will modernize America’s manufacturing sector, help American manufacturers grow and create jobs, and assist American workers in getting the skills to succeed in the next generation of manufacturing jobs.
U.S. businesses increased their stockpiles in August, a sign that they expected stronger demand for their products. Stockpiles rose 0.3 percent in August compared with July, when they had risen 0.4 percent, the Commerce Department said Tuesday.
Henry Repeating Arms, the leading lever action rifle manufacturer headquartered in Bayonne NJ, will begin manufacturing their steel centerfire rifles in their Rice Lake, Wisconsin facility in 2014.
Honeywell announced today it will establish a new manufacturing campus in Zhangjiagang, China, to support growing demand in Asia for energy technology and advanced materials.
The Gaston County Economic Development Commission is pleased to announce that Owens Corning will construct an advanced manufacturing plant in theGastonia Technology Park (GTP). The initial investment will be $120 million and at full operations the company will employ up to 110 persons.
A federal judge has approved a $4.6 million settlement of an environmental lawsuit against a Madison manufacturer by a group of its neighbors. U.S. District Judge Barbara Crabb approved the settlement Monday against Madison-Kipp. Under the settlement reached in July, the 32 homes will receive money and pollution control equipment.
A sharp drop in auto sales caused largely by a calendar quirk lowered U.S. retail spending in September. But Americans boosted their spending on most other goods, suggesting confidence in the economy ahead of the government shutdown.
Apple's quarterly earnings are still sagging even as sales of its iPhones are rising, a vexing phenomenon feeding investor worries about whether stiffer competition in the mobile device market will continue to undercut the company's prosperity.
DuPont Co. has reached a proposed agreement to settle alleged Clean Air Act violations at its Washington Works Plant near Parkersburg.
MSC Industrial Supply Co. has added more than 3,000 personal protective equipment (PPE) and facility safety products to its safety portfolio.
Farm and construction gear maker Deere & Co. says it reached a deal to sell a majority interest in its landscapes business to Clayton, Dubilier & Rice, a private equity firm, for $300 million.
Automakers boosted their output in September, but the gain was offset by declines at makers of computers, furniture and appliances.
A Texas woman who placed the winning bid for a sprawling former Detroit car plant says she wants to build modular homes and offices at the site that's become a symbol of the city's economic decline.
Three Japanese brands — Lexus, Toyota and Acura — took the top spots in this year's survey, and seven of the top 10 brands are Japanese. But three non-Japanese brands — Audi, Volvo and GMC — cracked the top ten.
Governors from eight other states representing 23 percent of the U.S. auto market pledged Thursday to get 3.3 million zero-emission vehicles on roadways by 2025.
The recent litigation is the latest in a years-long battle between DuPont and residents of the Mid-Ohio Valley, in the heart of Appalachia along the Ohio River.
Beechcraft Corp. CEO Bill Boisture says the company is "dangerously" close to reaching a deal with a potential buyer for its Hawker 4000 and Premier business jet assets.