WASHINGTON (AP) — Businesses cut back on orders for airplanes, autos and heavy machinery in June, lowering demand for factory goods for the second time in three months. The Commerce Department said Wednesday that orders to U.S. factories fell 0.8 percent in June. A key category that tracks business investment plans managed a small increase, offering a positive sign amid other gloomy reports on the economy.
ST. LOUIS (AP) — Locked-out Honeywell workers at a southern Illinois plant that helps make nuclear fuel agreed Tuesday to a three-year contract, ending a labor dispute that festered for more than a year in the otherwise tranquil confines of Superman's adoptive hometown. The ratification of the deal reached about two weeks ago does not mean the roughly 230 union-backed workers in Metropolis will return immediately to their Honeywell jobs at the nation's only site that begins refining uranium for eventual use in nuclear power plants.
ARLINGTON, Va. (AP) — Defense contractor BAE Systems PLC said Tuesday that it has won a $108.4 million contract modification to provide 45 vehicles and parts for the U.S. Army and Marine Corps. The contract calls for it to provide 29 of the M88A2 Hercules vehicles to the Army and 16 to the Marines, beginning in April 2013 and running through December 2013.
SALINE, Mich. (AP) — Ford Motor Co. says there's a tentative deal to sell a Saline auto parts plant to a French components maker. Ford spokeswoman Della DiPietro said Tuesday a memorandum of understanding was signed for a sale to Faurecia SA. The French automaker PSA Peugeot Citroen SA is Faurecia's majority owner.
TOKYO (AP) — Toyota has told its suppliers in Japan to prepare for ramped up production in 2012 and following years, signaling that the automaker is confident it's back on a growth track after being hit by massive recalls and the tsunami disaster. Toyota Motor Corp. spokesman Paul Nolasco said Wednesday that there was a meeting with suppliers earlier this week so they could be ready to increase production.
DALLAS (AP) — A worker has died following an industrial accident at a Dallas bakery. Dallas Fire-Rescue spokesman Jason Evans say the accident happened early Tuesday at CSM Bakery Products. Rescue crews arrived to find the man trapped by a piece of machinery. Evans says the man was crushed after somehow ending up on a conveyor belt.
NAZARETH, Pa. (AP) — A fire has destroyed an eastern Pennsylvania recycling plant and sent massive clouds of black smoke high into the air. The fire began Tuesday morning at Nicos Polymers Group in Plainfield Township, 55 miles north of Philadelphia. Two hundred firefighters spent much of the day knocking down the heavy flames at the 180,000-square-foot fabricated steel structure.
SCHENECTADY, N.Y. (AP) — General Electric Co. and Wind Capital Group said Monday that they reached a deal for 228 wind turbines along with operations and maintenance services for a pair of projects in Oklahoma and Kansas. Financial terms were not disclosed. Under the agreement, GE will supply 94 of its 1.
WASHINGTON (AP) — Americans cut their spending in June for the first time in nearly two years after seeing their incomes grow by the smallest amount in nine months. The latest data offered a troubling sign for an economy that is adding few jobs and barely growing. Consumer spending dropped 0.
DETROIT (AP) — Car buyers kept visiting dealerships in July, but not in big enough numbers to shake the auto industry's unease about its recovery. Analysts predicted only a slight rise in U.S. sales of new cars and trucks for July. A lack of discounts and continuing shortages of Japanese cars kept many buyers away, causing sales to sputter for the third straight month.
GOSHEN, Ind. (AP) — A recreational vehicle factory in northern Indiana has fired more than 20 people for collecting unemployment benefits while also collecting paychecks for their jobs. Keystone RV fired the workers from the Goshen factory Monday after reviewing monthly reports from the state Department of Workforce Development for a year, said Timothy Edwards, the factory's human resources manager.
RICHLAND, Wash. (AP) — About 850 union members are facing layoffs in two months as Hanford contractors cut workers because federal stimulus money for cleanup work at the nuclear reservation in Washington state is running out. The president of the Hanford Atomic Trades Council, Dave Molnaa, told the Tri-City Herald on Monday he has not seen layoffs of that magnitude since the mid-1990s.
COLUMBUS, Ohio (AP) — Ohio regulators are proposing that companies get breaks of up to 20 percent on their electric bills based on the number of jobs they create and investments in the state, while other electric customers would pay more to cover much of the discounts. The plan is drawing mixed reactions from business groups and is on the radar of a state consumer watchdog, The Columbus Dispatch reported Tuesday.
Copper didn't have much of a chance to extend its brief rally. Weak manufacturing data from the United States and China combined with a stronger dollar Monday to snap two consecutive days of higher copper prices. Copper for September delivery fell 6.95 cents to settle at $4.41 a pound.
MONTGOMERY, Ala. (AP) — The largest employer in the small, northwest Alabama town of Hackleburg announced Monday night that it plans to rebuild a Wrangler plant wiped out by a massive April tornado, prompting cheers and celebration among workers and townsfolk. VF Corp. officials delivered the news that they would rebuild the distribution center destroyed by the April 27 storm that killed 18 people in Hackleburg in Marion County.
MARMADUKE, Ark. (AP) — A Brookland man who died after an accident at the American Railcar Industries factory in Marmaduke was electrocuted. The Greene County coroner says the state medical examiner has listed the cause of death of 28-year-old Joshua Buchanan on July 25 at American Railcar Industries as electrocution.
SEATTLE (AP) — Boeing Co. said Monday that it received an order from Korean Air for two additional 737-900 extended range jetliners worth $171.6 million at Boeing list prices. The airline said it is in the process of revamping its fleet with technologically advanced airplanes, and completed a cabin refurbishment project for its mid- to long-haul flights early this year.
WEST FARGO, N.D. (AP) — A $50 million expansion project is planned at a North Dakota heavy equipment manufacturing company. Caterpillar Inc. officials and Gov. Jack Dalrymple announced the plans Monday for the company's West Fargo plant. It's expected to create about 250 new jobs, nearly doubling the current workforce at the plant.
NEW YORK, (Kyodo) — Ford Motor Co. is recalling a total of 1.1 million pickup trucks over a problem related to metal straps holding gas tanks that could rust and cause the tanks to fall, the National Highway Traffic Safety Administration said Monday. The recall covers three types of pickup trucks, including certain 1997 through 2004 F-150 models, the NHTSA said.
DETROIT (AP) — Car shoppers worried about the U.S. economy last month and that kept sales in a funk. U.S. sales of new cars and light trucks are expected to rise only slightly in July, as the debate over the debt limit and other economic worries kept buyers at home. Automakers are scheduled to report July sales starting around 11 a.