NEW YORK (AP) — Stryker Corp. said Wednesday it will buy Concentric Medical Inc., which makes devices that are used to remove blood clots from the brain, for $135 million in cash. Concentric Medical is based in Mountain View, Calif. Its devices are designed to be inserted into a blood vessel and then be threaded to the brain, where they can remove a blood clot.
DETROIT (AP) — Car sales likely slowed in August because of fewer discounts, worries about the economy and Hurricane Irene, which shut East Coast dealerships during the final weekend of the month. Irene closed out a disappointing summer for automakers, which report U.S. sales on Thursday.
ROCHESTER, N.Y. (AP) — The Ohio owner of Steuben Glass, the company still making luxury lead crystal by hand in the United States, said Wednesday that it plans to end production after 108 years. Schottenstein Stores Corp. of Columbus, Ohio, which bought the business from longtime owner Corning Inc.
SHANGHAI (AP) — Apple is defending itself against a fresh barrage of criticism from Chinese environmental activists over alleged pollution by the manufacturers who make its iconic iPhones, iPads and other products. In a report issued Wednesday, a group of nongovernmental organizations accused the technology giant of violating its own corporate responsibility standards by using suppliers it said its investigations found are violating the law and endangering public health by discharging heavy metals and other toxins.
WASHINGTON (AP) — BMW of North America is recalling up to 2,120 of its X5 xDrive 35d sport utility vehicles because its fuel-filter heater could overload and possibly cause a fire. The National Highway Transportation Safety Administration says the model year 2009 vehicles were made between Oct.
STOCKHOLM (AP) — Saab owner Swedish Automobile NV says its losses widened further in the second quarter and that it still hasn't secured the funding needed to keep the ailing car brand afloat. Swedish Automobile — previously known as Spyker — on Wednesday reported a second-quarter loss of €152 million (nearly $220 million) compared with a loss of €60 million in the same period last year.
NASHVILLE, Tenn. (AP) — Tennessee Gov. Bill Haslam said a company that makes fuel systems for automotive and other manufacturers is investing $5 million in its Gallatin plant to expand and add 114 new jobs. The Tennessee Economic and Community Development Commission said in a news release Tuesday that ABC Group Fuel Systems is investing $5 million in the plant expansion, and the added jobs will be a combination of full-time production and maintenance positions.
BEREA, Ky. (AP) — Hitachi Automotive Systems Americas Inc. is opening its third plant in Kentucky. The new plant, to be located in Berea in central Kentucky, will make electric drive motors for hybrid and electric vehicles, including the Chevy Volt. The company is investing $74.5 million in the facility, which will create 130 new jobs.
TUPELO, Miss. (AP) — One of Toyota's first models sold in the United States should soon be on display at the Tupelo Automobile Museum. WTVA-TV (http://bit.ly/p7OUGu ) reports the museum is restoring a dark blue Toyopet Crown Deluxe. The Toyopet was first sold in the United States in 1958 for $2,300.
LIBERTY, S.C. (AP) — A 41-year-old man has died after falling into a machine while he was working at the Liberty Denim plant. Pickens County Coroner Kandy Kelly says the accident happened around 3:15 a.m. Wednesday. Kelly says the man's name has not been released. An autopsy will be performed.
WASHINGTON (AP) — The Justice Department filed suit Wednesday to block AT&T's $39 billion deal to buy T-Mobile USA on grounds that it would raise prices for consumers. The government contends that the acquisition of the No. 4 wireless carrier in the country by No. 2 AT&T would reduce competition and that would lead to price increases.
WASHINGTON (AP) — U.S. factory orders rose strongly in July on the biggest jump in demand for autos in more than eight years and a surge in commercial airplane orders. The increase suggests supply chain disruptions created by the Japan crisis are easing. Factory orders climbed 2.
NAGOYA, Aug. 31 (Kyodo) — Toyota Motor Corp. and other major automakers in Japan will restart their operations on Thursdays from September after having to shift them to the weekends due to power shortages triggered by the March 11 earthquake. The carmakers suspended operations on Thursdays and Fridays in July and August to avoid boosting electricity consumption during busy hours under the initiative of the Japan Automobile Manufacturers Association.
OAKES, N.D. (AP) — A plant in the southeast North Dakota city of Oakes that was slated for closure at the end of August was saved when it was bought by a locally owned company. Gov. Jack Dalrymple says Harris Machine Co. has purchased the JLG Industries plant in the community of about 1,700 people and plans to expand it.
OMAHA, Neb. (AP) — A Nebraska company is planning to spend $10 million expanding its manufacturing plant in Omaha and hire about 30 more workers. Intersystems, which makes equipment for grain elevators, processing plants and port facilities, announced its plans on Tuesday. Its products help sort grains, powders, rock and wood chips.
ROME, Ga. (AP) — Authorities say at least one person was burned in an explosion at a northwest Georgia manufacturing plant. Rome-Floyd County Fire Chief Gordon Henderson tells the Rome News-Tribune (http://bit.ly/nLyfN6) that one person was being treated for steam burns. He did not know the extent of the person's injuries.
DETROIT (AP) — Automakers are gearing up to make more compact cars this year. It's another bet on a part of the car market that has thrived this year as consumers fret about the economy but still want a new set of wheels. General Motors is adding Saturday shifts in the fourth quarter at an Ohio factory that makes the compact Cruze, two people briefed on the matter said Monday.
MICHIGAN CITY, Ind. (AP) — A company that makes air compressors and other air tools says it will expand its headquarters in northern Indiana and expects to add some 100 jobs in the next few years. United Technologies subsidiary Sullair Corp. announced Tuesday it would spend up to $12.
BRYAN, Ohio (AP) — Ohio's Spangler Candy Co. is adding jobs and space to produce more candy canes sold under brand names such as Jelly Belly and Cinnabon. The company said in a statement Monday that it will spend $400,000 to upgrade and install two candy cane production lines at its plant in Bryan, the northwest Ohio community where Spangler is based.
RICHLAND, Wash. (AP) — The Department of Energy may not be able to complete the Hanford vitrification plant for the projected $12.2 billion, according to an internal DOE document. The $12.2 billion figure is at risk due to uncertainties in congressional funding for the project, increased cost growth outpacing savings and delays in resolving technical waste mixing issues, according to a briefing document by the Construction Project Review team.