Bombardier Aerospace doesn't expect to hire more foreign workers to build its new CSeries aircraft despite possible shortages in skilled labour in Canada. The aerospace giant has occasionally hired foreign engineers and temporarily uses its own employees from the U.S., China and Britain.
Honda Motor Co. opened to the press on Tuesday an environmentally friendly auto production plant in Saitama Prefecture near Tokyo scheduled to start operations in July. Green technologies include an advanced energy management system and solar power generation equipment introduced at the new plant
Arkansas is set to provide a new steel company with $125 million in financing and a package of tax breaks to build a mill in the northeast part of the state after the Legislature gave final approval to the plan on Tuesday. By an 81-9 vote, House lawmakers passed a Senate-approved budget bill to support Big River Steel.
U.S. industrial manufacturers remain positive regarding the outlook for the U.S. economy in the year ahead, while sentiment pertaining to the world economy remains guarded, according to the Q1 2013 Manufacturing Barometer, released by PwC US.
Okuma America Corporation announces the launch of its “Tell Your Okuma Story” campaign, designed to share success stories and best practices amongst users in the CNC machining industry. Okuma users are encouraged to write a brief synopsis or send in a candid video that relates their Okuma CNC machine experience.
Union members will soon head back to work at American Crystal Sugar plants in Minnesota, Iowa and North Dakota, but they say the sting of a 20-month lockout will make their return difficult both for them and the company. A slight majority of union members voted to accept the company's contract offer over the weekend after rejecting the same terms four times before.
General Motors edged out fast-growing Volkswagen in first-quarter sales as both companies try to close the gap with Toyota for the global world sales crown. Toyota, which is scheduled to release first-quarter numbers next week, dethroned GM to retake the top spot in 2012, a year in which VW posted record sales and came within 190,000 vehicles of beating GM.
European lawmakers dealt a blow to one of Europe's flagship policies on fighting climate change when they voted Tuesday against tightening the bloc's system of making companies pay for pollution. The European Union cap-and-trade system — the world's biggest — was introduced in 2005 in the hope of encouraging industries to reduce emissions and invest in greener technologies.
A BP team leader who supervised managers on the oil rig that exploded in the Gulf of Mexico in 2010 testified Monday that he was frustrated by last-minute changes to the drilling project, but didn't have any safety concerns before the deadly blast.
Bridgestone Corp. has said it plans to establish a car tire plant in Ulyanovsk in western Russia -- its first tire production base in the country -- by the end of June, aiming to build production capacity for around 12,000 tires per day in 2018.
Manufacturer Caterpillar Inc. said Monday it is reorganizing its operations so many orders will be handled by one division from the time they are placed to the time they are delivered. The new division will combine existing operations from areas including global purchasing, manufacturing logistics and transportation, and Caterpillar production system.
Indonesia's Transport Ministry said Monday that a Lion Air jet stuck in shallow water on the resort island of Bali after a crash landing on the weekend must be cut into pieces for removal. Officials initially planned to tow the Boeing 737-800 aircraft that split in two, but have now determined it is too heavy and must be cut into several parts to avoid the possibility of damaging the area's coral reefs
The Obama administration declined to label China a currency manipulator, although it said that China's currency remains significantly undervalued. The decision came in a twice-a-year Treasury report on whether any nations are manipulating their currencies to gain trade advantages.
Automotive supplier HP Pelzer Automotive Systems will build a plant in Athens, Tenn., bringing 200 new jobs. Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty joined HP Pelzer officials Monday to announce the company will locate a 185,000-square-foot manufacturing facility at the Mt. Verd Industrial Park.
Abbott Laboratories is recalling its FreeStyle InsuLinx Blood Glucose Meters after finding that they display and store incorrect test results for dangerously high blood sugar levels. The company says the meters will display and store readings for blood glucose levels of 1,024 milligrams per deciliter or higher at much lower levels.