Kodak emerged from bankruptcy protection Tuesday vastly different from the company of old. Gone are the cameras and film that made it famous. The company hopes to replace them with new technologies such as touch screens for smartphones and smart packaging embedded with sensors.
Auto parts supplier Calsonic Kansei North America announced Tuesday it will add 1,200 jobs at its plants in Tennessee over the next three years. The Nissan subsidiary said it is investing $109 million at its facilities in Lewisburg, Shelbyville and Smyrna, and that total employment in the state will reach nearly 3,800 within three years.
Development of “Super Cruise,” Cadillac’s semi-automated driving system, is advancing to the next stage of development, including real-world driving assessment and trials. Cadillac projects this technology could make its way into production models later this decade.
A German newspaper says United Auto Workers union officials met last week with Volkswagen to discuss representing workers at VW's Chattanooga, Tenn., plant. The Handelsblatt business daily says UAW President Bob King and five other officials were at VW's headquarters in Wolfsburg, Germany, to meet with the employee relations chief.
Nokia, the former star of the cellphone world, has seen its light further dimmed by the news Tuesday that Microsoft Corp. was acquiring its handset operations. "This is naturally a big day of change in Finland's industrial history," Finnish Prime Minister Jyrki Katainen told reporters in Helsinki Tuesday after Microsoft's 5.44 billion euros ($7.2 billion) deal was announced.
Cars that drive themselves could be on U.S. roads by the end of this decade. But don't take your foot off the pedal just yet. Automakers, universities and others are at various stages in the development of autonomous cars. Google is testing some in California.
Toyota Motor Corp. is investing $90 million in its Buffalo, W.Va. manufacturing plant. Gov. Earl Ray Tomblin announced Friday the automaker's investment will create about 80 jobs. Tomblin says Toyota Motor Manufacturing West Virginia Inc. plans to increase production of 6-speed automatic transmissions by 20,000 per month by early 2015.
French carmaker Renault is proposing a reorganization of its management structure to eliminate the position of chief operating officer after the person who held the post suddenly stepped down. Renault said it would instead add two new posts: chief competitive officer, who would be in charge of the product range, and chief performance officer, who would focus on market share and profitability.
U.S. auto safety regulators are investigating complaints that transmission cooler lines can leak fluid in some 2013 Nissan Pathfinders and Infiniti JX models, leading to a sudden loss of transmission power. The National Highway Traffic Safety Administration says it has received reports of problems from five owners of Pathfinders. No injuries have been reported. The probe covers an estimated 110,000 cars.
FabEnCo, Inc., a leading manufacturer of self-closing safety gates, announced today that Walter Smith from Southeastern Oklahoma State University was the first recipient of the FabEnCo “LaCook Investment for Excellence” (LIFE) in Occupational Safety & Health Scholarship. Walter received his award during ASSE’s 120th Annual Conference & Exposition held in Atlanta, Georgia, in June.
As cars become more like PCs on wheels, what's to stop a hacker from taking over yours? Hackers have shown they can slam a car's brakes at freeway speeds, jerk the steering wheel and even shut down the engine — all from their laptop computers.
Farm and heavy equipment manufacturers including John Deere have sued to block a new law that gives New Hampshire auto dealers new protections in their contracts with them. The companies say the so-called Auto Dealers Bill of Rights, which takes effect Sept. 23, improperly lumps them in with automakers.
Toyota said Friday that it will spend $102 million to increase U.S. production of transmissions. The company said that it will boost its automatic-transmission assembly and machining capacity at its Buffalo, W. Va., plant, as well the capacity at its powertrain plant and Bodine Aluminum casting facilities in Missouri and Tennessee.
At least 15 people were killed Saturday after liquid ammonia leaked from a refrigeration unit at a cold storage plant in China's financial hub of Shanghai, the local government said. Twenty-five people were injured in the accident, which happened at a plant in the Baoshan district of the east coast city, the Shanghai government Information Office said. Five of the injured were in serious condition.
Nordex USA Inc. is repaying more than $2.5 million it received in incentives after announcing it would halt production on its wind turbine plant in Jonesboro and lay off 40 workers. The Arkansas Economic Development Commission announced Friday that the company would repay $2.31 million to the state and $204,814 to Jonesboro that it had received for the wind turbine plant.
Ford is recalling 370,000 cars due to potential corrosion to their steering shaft that may result in loss of steering. No incidents or injuries have been reported. The cars include 2005 to 2011 Ford Crown Victoria, Mercury Grand Marquis and Lincoln Town Cars. About 355,000 are in the U.S. and 15,000 in Canada.
Wes Pringle has been named President of Fluke Corporation. Pringle, who has been serving as President of Fluke Industrial, is now responsible for all Fluke global businesses, including Fluke Calibration, Fluke Biomedical and Fluke Automation. Pringle succeeds Barbara Hulit, Fluke President since 2004.
Driving in America has stalled, leading researchers to ask: Is the national love affair with the automobile over? After rising for decades, total vehicle use in the U.S. — the collective miles people drive — peaked in August 2007. It then dropped sharply during the Great Recession and has largely plateaued since.
A new report on New York's economy calls the last 10 years a "lost decade" for typical workers, with median wages dropping almost 7 percent for men and about 1 percent for women. The Fiscal Policy Institute said the recovery from the Great Recession shows more underemployment despite the state restoring overall jobs lost in the downturn.
Maryland State Police say raids at Arundel Mills Mall turned up hundreds of counterfeit Apple products for sale at a store and kiosk. Police say troopers served search warrants at the Cyberion store and the ST Tech Pros kiosk last week and found hundreds of counterfeit Apple Inc. products being sold as authentic factory replacements.