North America propped up Ford Motor Co.'s profits in the first quarter, which otherwise took a beating from plummeting European sales and higher taxes.
Officials say the new facility will accommodate Clear Edge's growing demand for their lines of industrial process filtration products.
The privately held company makes motion-control systems for factory equipment and medical devices.
The new facility will allow Gerkin to increase glass production and allow for line expansion in the existing plant.
The company earned $473 million in the first quarter, mainly from strong U.S. sales, which rose 39 percent from January through March.
State and federal officials as well as Boeing executives are to be on hand for Friday's rollout at the company's new manufacturing plant in North Charleston.
Japan's industrial production rose 1 percent in March from February, led by output of automobiles, notebook computers and communications equipment amid a tentative upswing in the world's third-largest economy.
With tens of millions of acres held in trust for tribes, experts say Indian Country has the potential to supply more than four times the nation's electricity needs with solar.
Lockheed Martin Corp. said Thursday that CEO Bob Stevens plans to step down and that its president and chief operating officer, Chris Kubasik, will take on the role at the start of the new year.
The U.S. economy grew more slowly in the first three months of this year. Stronger consumer spending was offset by cutbacks in government spending and business investment.
The Evonik Industries AG plant was badly damaged in a March 31 explosion and fire, setting off a mad scramble by global automakers to find substitute materials.
A jury has found that defects in a tire sold by the Ford Motor Company were a factor in a 2003 Ford Bronco crash.
The automaker reported net profit of $137M for the period ending March 31, due to strong North American results and despite losses in Europe.
Pursuing a portfolio of renewable power sources such as solar to satisfy VA's energy appetite through 2035 would create tens of thousands more jobs than relying on either coal or natural gas, a study concludes.
Goodrich Corp., which supplies components for aircraft makers, said that first-quarter profit fell 4 percent on higher taxes and costs for its sale to United Technologies Corp.
The number of people seeking U.S. unemployment benefits remained stuck near a three-month high last week, a sign that job gains will likely remain modest.
Caterpillar's first-quarter profit jumped 29 percent and it boosted its outlook for the year as U.S. builders replaced old gear and global demand for mining equipment boomed.
If the plan gets off the ground as planned, robots could be extracting cosmic riches within 10 years.
Industry insiders speculate that US Airways' potential bid for American — if it leads to a merger — would help Airbus more than Boeing.
Homeowners associations around the country have banned or severely restricted the installation of solar panels, and the solar industry has pushed back to halt the practice.