Auto parts supplier Newman Technology has broken ground on a $15 million factory in Albertville that will employ some 60 workers.
The company reported net income of $311 million, or 91 cents per share, for the three months ended March 31, up from $287 million, or 83 cents, a year ago.
The strike by Machinists Local 776 in Fort Worth began Monday after union members voted overwhelmingly Sunday to reject the company's latest contract offer.
For the first time in more than 20 years, U.S. automakers are questioning a pillar of manufacturing: The practice of bringing parts to assembly lines right before they're used.
Volkswagen's facility in Chattanooga is boosting employment and capacity to meet demand, moving up plans to export the vehicle to Asia and becoming a blueprint for the German automaker's future plants.
Honda is starting up production of a new gas-electric hybrid car at its southeastern Indiana factory.
Honeywell International Inc. said Friday that its profit rose 17 percent in the first quarter as strength in the U.S. offset weakness in Europe.
A Chinese court is mediating between Apple Inc. and the Chinese company challenging its right to use the iPad trademark, seeking to get the companies to settle an awkward standoff over the issue.
The average number of people seeking unemployment benefits nationwide in the past month is at a three-month high.
Lawyers for American Honda Motor Co. returned to court Thursday to try to overturn a highly publicized small claims court award to a woman who sued over the fuel economy of her hybrid Honda Civic.
Michael Woodford, who blew the whistle on an accounting scandal at Olympus Corp., took a stand at its shareholders' meeting, demanding to know why he was fired as chief executive.
Automakers are bringing SUVs and luxury sedans designed for Chinese buyers to China's biggest auto show this year as they scramble to keep sales growing.
The luxury automaker said it will manufacture cars in China for the first time starting in 2014, joining a rush by global automakers to expand production in the world's biggest auto market.
The auto parts and building equipment maker said that strong demand from automakers offset higher costs for starting a new metals plant in North America.
The specialty chemical maker said it will close six factories by mid-2013 and cut jobs across its North American adhesives business as it integrates the recently acquired business of Forbo Group.
Struggling cellphone maker Nokia has suffered one of its worst quarterly results ever, blaming tough competition for a huge net loss as sales plunged, especially in the smartphone market.
Disaster-battered Japan reported its biggest annual trade deficit ever Thursday, a contrast from decades of surpluses, as a nuclear crisis boosted expensive oil and gas imports.
The plant is one of several projects in Dow Chemical's $4 billion investment plan to take advantage of lower natural gas prices.
The west Indian state of Gujarat is flipping the switch on Asia's largest solar power field as part of its 600 megawatt solar energy addition to India's power grid.