Goodyear is building the first of a new generation of its iconic blimps. The tire maker said Friday that the blimp built in Germany by ZLT Zeppelin Luftschifftechnik will be assembled at Goodyear's Wingfoot Lake Hangar near the company's headquarters in Akron, Ohio.
Located in Pablo Nogués, Buenos Aires, the 7,500 m2 (80,730 SF) facility features a testing laboratory with a capacity of 11,000 m3/hr (49,000 gpm) and has 50 and 60 hertz testing capabilities. Ruhrpumpen's newest property includes 3,000 m2 (32,290 SF) of office space and a well-equipped service center capable of repairing all types of pumps.
From a sprawling United Auto Workers hall outside Detroit, John Zimmick has seen factories close and grown men cry when their jobs disappear. Through all the economic uncertainties of life in auto country, there has been one constant: the union.
Boeing's comments about the smoldering batteries on its 787 have annoyed the National Transportation Safety Board. Boeing gave its own account of two battery incidents, which included a fire, at a detailed press briefing in Tokyo last week.
The Indian unit of Ford Motor Co. has apologized for advertisements decried as demeaning to women, including one depicting Italy's former Prime Minister Silvio Berlusconi with a trio of bound women in the trunk of a car. A Ford India spokeswoman said Monday that the company is investigating whether anyone at the automaker ever saw the print ads.
Bruce Cole, 65, the former chief executive of Mamtek U.S. Inc., has been accused of perpetrating a massive fraud by persuading Moberly to issue $39 million in bonds and the state to authorize up to $17 million of incentives to fund an artificial sweetener facility that collapsed financially before construction finished.
Daimler Trucks North America says it won't have to lay off 1,300 factory workers in North Carolina and Oregon as it warned in January and instead will cut about 600 jobs. Portland, Ore.-based Daimler Trucks says its Portland factory that builds Western Star trucks has cut its workforce by about 230 employees.
Michael Dell may have to hike the price he's willing to pay if he wants to take the computer company he founded private, thanks to competition from two new acquisition offers. A special committee of independent Dell Inc. directors said it will negotiate with buyout specialist Blackstone and activist investor Carl Icahn over bids that rival an offer of more than $24B.
AK Steel Holding Corp. on Friday projected a larger-than-expected first-quarter loss, saying that a previously expected seasonal increase in spot demand for steel hasn't materialized. The West Chester, Ohio based company produces flat-rolled carbon, stainless and electrical steel products for a range of industries, including automotive, construction and infrastructure, manufacturing and electricity.
Is Michael Dell's attempt to gain more control over his company about to turn into a financial tug-of-war? The answer could come Friday. That's the end of a 45-day period that Dell Inc.'s board of directors set to allow for offers that might top a Feb. 5 deal to sell the personal computer maker to CEO Michael Dell and a group of investors for $24.4 billion.
BP asked a federal judge Thursday to sanction its cement contractor on the ill-fated Deepwater Horizon drilling project, accusing the company of withholding critical evidence that could have been used at the ongoing trial over the nation's worst offshore oil spill.
Honda Motor Co.'s luxury Acura brand is recalling 76,000 TSX sedans in 22 cold-weather states because corrosion could cause them to stall. TSX sedans from the 2004 through 2008 model years are included in the recall. Acura says that in places where road salt is heavily used, salt and water can saturate the carpet under the dashboard that covers the vehicle's electrical control unit.
German engineering company Bosch said Friday that it is abandoning its solar energy business, because there is no way to make it economically viable amid overcapacity and huge price pressure in the industry. The solar power industry has been hit by falling subsidies, weaker sales and increasingly stiff price competition, especially by Chinese manufacturers.
Coca-Cola says it's cutting 750 jobs in the U.S. as it continues to streamline its business. The world's biggest beverage maker says the jobs cuts will be across the board and that affected individuals will be notified in coming weeks. The cuts represent roughly 1 percent of the company's workforce of 75,000 in North America.
Apple's iPhone is outdated, according to the chief executive of BlackBerry-maker Research In Motion Ltd. Thorsten Heins made the comment Thursday on the eve of the much-delayed launch of the new touchscreen BlackBerry in the United States. AT&T begins selling the Z10 touchscreen BlackBerry on Friday, more than six weeks after RIM launched the devices elsewhere.
Employees at General Motor Co.'s Opel troubled German plant in Bochum have rejected a redevelopment plan, which means production there could end by late 2014. German news agency dpa said Thursday that a majority of the Bochum plant's workers rejected a redevelopment plan that would have left only 1,200 jobs there after the year 2016.
Mercedes-Benz is planning to build an automotive parts staging facility in Vance that will employ about 500 people. The Tuscaloosa News reports that site preparation for the 900,000-square-foot facility has begun at Mercedes-Benz U.S. International, the German automaker's plant near Tuscaloosa.
Aircraft manufacturer Beechcraft announced Thursday that it has filed a lawsuit to contest the U.S. Air Force's decision to award a contract for a light air support plane to Sierra Nevada Corp. The suit, filed in the U.S. Court of Federal Claims in Washington, D.C., is the latest development in a bitter, high-stakes competition that has taken nearly three years with legal challenges from both sides.
As they struggle to get ahead, many low-wage workers are not taking advantage of job training or educational programs that could help them make the leap to better-paying jobs. They are often skeptical about whether such programs are even worth the trouble, a new survey shows.
A Georgia-based manufacturer says it will invest $12 million in a metal processing plant at Chaffee Crossing in Fort Smith. The Fort Chaffee Redevelopment Authority approved a plan Thursday to donate 11 acres of land for the new plant to be built by Phoenix Metals Co.