U.S. safety regulators have cleared the 2012 Jeep Grand Cherokee after an investigation into possible engine fires. The National Highway Traffic Safety Administration began checking 107,000 of the SUVs in July after getting complaints about power steering hoses coming loose and leaking fluid onto the engine.
A U.S. government safety agency wants electric and hybrid vehicles to make more noise when traveling at low speeds so pedestrians can hear them coming. The cars and trucks, which are far quieter than conventional gasoline or diesel-powered vehicles, don't make enough noise at low speeds to warn walkers, bicyclists and the visually impaired, the National Highway Traffic Safety Administration said.
Dow Chemical Co. has successfully restarted its St. Charles Olefins 2 Plant near Hahnville after three years of inactivity. The Advocate reports the plant has been producing ethylene, which is used in alcohol- and plastic-based products, since Dec. 25. Dow said it expects the plant will add $150 million to earnings before interest, depreciation and amortization.
A potential deal to sell a North Dakota pasta plant is off the table. Bektrom Foods official Bruce Satrom tells the Grand Forks Herald that the Michigan-based manufacturer has pulled its offer to buy the plant. Bektrom had been negotiating with the family of Leonard Gasparre, who died in 2011. Gasparre built the Cando plant in the mid-1980s and added a plant in Devils Lake in the 1990s.
Boeing's share price decline after a fire on one of its new 787s may be overdone, Jefferies analyst Howard A. Rubel wrote on Tuesday. Rubel wrote that the decline of over $1 billion in market value "would seem to overstate the worry." He noted that there has been no other similar incident to this one, and the other 787s continue to operate normally.
China's sovereign wealth fund is in talks about possibly buying a stake in German luxury automaker Daimler AG, the country's main Communist Party newspaper reported. China Investment Corp. might buy four to 10 percent of Daimler, Peoples Daily said on its website, citing anonymous sources. It gave no other details.
LG unveiled a 55-inch (1.4-meter) TV that sports "ultrahigh-definition" resolution with four times the sharpness of regular HD television sets, kicking off what is likely to be a mini-obsession with the latest super-clear format at the annual International CES gadget show.
A month after activist investor Carl Icahn gave up his bid for Oshkosh, the truck maker is ending a shareholder rights plan early. The "poison pill," announced this past October to ward off hostile takeover attempts, was set to end in October 2013. Instead, it will expire Monday after the close of trading.
Authorities in Temple say they are hoping to rebuild an old factory into a municipal complex in about a year. Mayor Rick Ford tells The Times-Georgian that the City Council will discuss the issue Monday and potentially approve a bid for the work. The town plans on demolishing the old Sewell Manufacturing Plant.
A Coca-Cola plant and warehouse in southeastern Kentucky is expanding, with a company official saying more room is necessary to accommodate growing sales. The plant in Middlesboro will grow by about 24,000 square feet. Regional Sales Manager Bobby Abbott told The Daily News the company needs a place to put more items and new equipment.
MarkWest Energy's new natural gas processing plant in Wetzel County has begun operations. The plant will process 200 million cubic feet of wet Marcellus and Utica shale gas per day. It will separate the gas' dry methane from ethane, butane, propane, and pentane.
Residents in Uxbridge are in an uproar because a developer is attempting to build an asphalt manufacturing plant in town, even though residents voted to prohibit them in 1995. The problem is that no one apparently recorded the 1995 zoning bylaw amendment after it was approved. So the prohibition isn't on the books following the latest amendment of the bylaws in 2011.
Commonwealth Applied Silica Technologies plans to open a manufacturing facility in Campbell County that's expected to create 300 jobs. Richmond-based Commonwealth plans to invest $35 million in the new facility, which will be constructed on the former Archer Creek Foundry site. The facility will process silica ore and extract high-value components for resale.
More than 200 acres at Ford Motor Co.'s former Wixom Assembly Plant have been sold. The Dearborn-based automaker says Friday that Trident Barrow Management has bought 239 acres of the property northwest of Detroit. The company is a unit of Barrow Development. Demolition is slated to start by the end of March.
Japan's three biggest automakers — Toyota, Nissan and Honda — say their vehicle sales in China fell last year amid a territorial dispute that prompted Chinese consumers to boycott Japanese products. Toyota Motor Corp. said its sales in China fell 4.9 percent in 2012 to 840,500 vehicles, the first annual decline since at least 2001.
The makers of Thomas' English muffins and Tastykake snacks are emerging as two of the bidders for Wonder Bread and other Hostess bread brands as the company tries to sell off its assets under bankruptcy-court oversight, a newspaper reported Saturday.
Toyota Motor Corp. has no plans to build new factories in the near future as the automaker will shift its focus to investing in its existing plants, company officials said Monday. The automaker's plans to build new factories in Thailand and Indonesia in 2013 will remain intact, they said.
When the word reached the Orion Assembly Plant, it spread along the serpentine assembly line like news of a death or natural disaster: GM had filed for bankruptcy protection. But there was something that the workers didn't know: They were witnessing the opening act of one of the greatest recovery stories in American business.
U.S. companies boosted their orders in November for manufactured goods that reflect investment plans even though total orders were unchanged for the month. Factory orders were flat in November, compared with October when orders had risen 0.8 percent, the Commerce Department said Friday.
Subaru is recalling nearly 634,000 cars and SUVs in the U.S. because lights beneath the doors can overheat and catch fire. The company says moisture can get into puddle lights beneath the doors and cause a short circuit that can melt plastic and cause fires.