NEW YORK (AP) — Caterpillar Inc. said Wednesday it plans to build a factory for large wheel loaders in China. The Peoria, Ill. company said the factory on China's east coast will develop a new model of wheel loader for use in China and other developing countries. Caterpillar didn't say how much it would spend on the new factory or an accompanying research and development facility.
WASHINGTON (AP) — A surge in demand for autos and aircraft drove orders for long-lasting manufactured goods higher in July, easing fears that the economy might be on the verge of another recession. The rebound in the auto industry helped offset a decline in orders for most other factory goods.
MORRIS TOWNSHIP, N.J. (AP) — Manufacturing conglomerate Honeywell International Inc. announced Monday that it has successfully completed the tender offer for EMS Technologies Inc. at $33 a share. The offer expired Friday. Nearly 92 percent of shares outstanding had been tendered and not withdrawn by the deadline.
WHITE PLAINS, N.Y. (AP) — Drew Industries Inc., which makes parts for recreational vehicles and manufactured homes, said Monday that it acquired the towable RV chassis and slide-out mechanism operation previously owned by Dexter Chassis Group from EA Technologies LLC for $13.5 million in cash.
MERRILLVILLE, Ind. (AP) — Officials say an Illinois manufacturer will open a factory in northwestern Indiana, where it plans to potentially hire hundreds of workers. Merrillville Town Councilman Richard Hardaway tells The Times of Munster (http://bit.ly/n1YlFd ) that Modern Drop Forge will be coming the town following the council's approval of a 10-year tax abatement for the company in May.
TOKYO, Aug. 23 (Kyodo) — Renesas Electronics Corp. will recover its semiconductor shipments at its main factory in Ibaraki Prefecture to the level prior to the March 11 disaster by mid-September, moving up the initial goal of doing so by a half-month earlier, company officials said Tuesday.
EVANSTON, Ill., PRNewswire - Following three years of consecutive losses, industrial employment in Nebraska increased a half percent over the past twelve months, according to the 2012 Nebraska Manufacturers Register, an industrial directory published annually by Manufacturers' News, Inc. (MNI) Evanston, IL.
TOPEKA, Kan. (AP) — City, county and state officials joined Mars Chocolate North America in formally breaking ground on its new candy factory south of Topeka. The event Tuesday was the first phase of the $250 million project that will create about 200 full-time jobs in northeast Kansas.
Waukesha, Wisconsin Manufacturer of Mezzanines, Vertical Lifts, and Safety Guarding Products Expands West with Acquisition of Custom Stair and Safety Ladder Products Manufacturer. Waukesha, WI – On the heels of its 35th Anniversary celebration, Wildeck, Inc. – headquartered in Waukesha, WI – has announced the acquisition of Ladder Industries, Inc.
ATLANTA (AP) — Georgia Gov. Nathan Deal's office has announced that Firth Rixson Forgings LLC will expand its forged metal operation in Midway, and anticipates creating 75 to 100 new jobs in the southeast Georgia town. Deal said in a statement that Firth Rixson's Midway operation, which opened in January 2011, provides components for the aerospace industry.
NASHVILLE, Tenn. (AP) — State officials say 450 jobs will be created over four years in Kingsport, Tenn., after an Ireland-based company locates a manufacturing facility in Sullivan County. C&F Group, an auto exterior trim supplier, will invest $12.5 million in the facility, its first U.
COLUMBIA, S.C. (AP) — Amazon officials say they will move into their Lexington County facility next month. Company officials say they plan to hire up to 2,000 full-time and part-time workers by the end of the year for the distribution center near Cayce. Lexington County officials say the company has received more than 9,000 applications.
NEW YORK (AP) — Shares of Boeing Co. rose Monday after the aircraft maker said it won a $1.64 billion helicopter contract and media reports suggested that Delta Air Lines Inc. is planning to buy 100 Boeing 737 jets. The helicopter contract from the UK Ministry of Defence calls for Boeing to provide 14 new Chinook helicopters and five years of related support to the Royal Air Force.
SHANGHAI (AP) — China has begun inspections of all its showcase bullet train lines following a crash last month that killed 40 people, as authorities try to work out who is ultimately responsible for the disaster. The State Administration of Work Safety will present a report on the July 23 crash to China's top leaders in September, the agency's spokesman Huang Yi said in comments Tuesday on its website.
DEARBORN, Mich. (AP) — Toyota plans to unveil its first redesign of the Camry in five years on Tuesday. While it promises new technology and other upgrades, America's best-selling car faces a fight to stay on top. Toyota has released few details about the new car, which will be shown at simultaneous events in California, Michigan and at the Georgetown, Ky.
BRIDGEVILLE, Pa. (AP) — Universal Stainless & Alloy Products Inc. said Friday it completed its purchase of Patriot Special Metals, which includes a state-of-the-art forge and other equipment for heat treating and finishing metal products that is in a plan now under construction in North Jackson, Ohio.
DEARBORN, Mich. (AP) — The Russian steelmaker Severstal says it's launched a new $450 million cold rolling mill at its production complex in the Detroit suburb of Dearborn. Severstal said Thursday that it will take about six months for the mill to reach full capacity of 2.1 million net tons per year.
YORK, Pa. (AP) — A central Pennsylvania paperboard plant will be closing this fall, leaving 78 people without jobs. Officials said the Yorktowne Paperboard Corp. plant in York County's Spring Garden Township will close by mid-October. The plant, which opened in 1945, makes paperboard used by manufacturers of tubes and cores around which paper is rolled.
MOREHEAD CITY, N.C. (AP) — A proposed air permit for a phosphate mining company's operation at a North Carolina port leaves no room for melting or storing sulfur. The state Division of Air Quality has made its draft air quality permit for PCS Phosphate's operation at the state-owned port in Morehead City open for public review.
SYDNEY (AP) — Australia's largest steel maker BlueScope Steel Ltd. announced Monday it will shut two production facilities and shed 1,000 jobs as part of a restructure aimed at turning around a 1.05 billion Australian dollar ($1.09 billion) annual loss. Bluescope said it will shut down a blast furnace at Port Kembla in New South Wales state and close its Western Port hot strip mill in Victoria state.