Gov. Bobby Jindal and Benteler Steel/Tube marked the start of construction Monday with a groundbreaking on the company's new $975 million hot rolling seamless steel tube mill in Caddo Parish. The Paderborn, Germany-based company said the Louisiana site at the Caddo-Bossier Port was chosen from more than 100 possible locations due to its proximity to the North American oil and gas production market and the area's skilled workforce.
Eiji Toyoda, a member of Toyota's founding family who helped create the super-efficient "Toyota Way" production method, has died. He was 100. Toyoda, a cousin of the Japanese automaker's founder Kiichiro Toyoda, died Tuesday of heart failure at Toyota Memorial Hospital in Toyota city, central Japan, Toyota said in a statement.
A labor coalition wants Illinois' pollution control board to waive pollution controls at coal-fired plants being sold by Ameren Corp. The AFL-CIO is making its position known hours before the Illinois Pollution Control Board is set to meet in Springfield on Tuesday.
Drilling and fracking for natural gas do not seem to spew immense amounts of the greenhouse gas methane into the air, as has been feared, a new study says. The findings bolster a big selling point for natural gas, that it's not as bad for global warming as coal. And they undercut a major environmental argument against fracking, a process that breaks apart deep rock to recover more gas.
A former car plant that's a symbol of Detroit's industrial decline could be sold at public auction after a developer missed deadlines to acquire the property. The Detroit News and Detroit Free Press report Evanston, Ill.-based developer Bill Hults missed a Friday deadline to come up with $1 million. He's leading a group that wants to convert the Packard plant into a commercial, housing and entertainment complex.
The gap in employment rates between America's highest- and lowest-income families has stretched to its widest levels since officials began tracking the data a decade ago, according to an analysis of government data conducted for The Associated Press.
North and South Koreans got back to work Monday at a jointly run factory park after a five-month shutdown triggered by rising animosity between the rivals, with some companies quickly resuming production and others getting their equipment ready. South Korean business owners who have lost millions of dollars because of the hiatus say they'll need several months to recover.
Havana's harbor has long been an unsightly jumble of piers left to crumble into piles of rusty, twisted rebar. Its dominant feature is a refinery smokestack across the bay that belches smoke and flame 24 hours a day. But lately demolition crews and towering cranes have been working double-time to finally tear down the ruined docks.
The U.S. Federal Trade Commission cleared Honeywell International Inc.'s acquisition of Intermec Inc. on Friday, on one condition. Honeywell will have to license the patents needed to make two-dimensional bar code scanners to Italian rival Datalogic for 12 years. The FTC said that licensing the patents will resolve its charges that Honeywell's acquisition of Intermec is anticompetitive.
Suzuki is recalling 193,936 cars and SUVs because of a defective air bag sensor in the front passenger seat. Grand Vitara SUVs from the 2006 through 2011 model years and SX4 small cars from the 2007 through 2011 model years are involved. Sensor mats measure passengers' weight and determine if the air bag should deploy.
Suntech Power Holdings Co. said Friday that David King is stepping down as the company's CEO and acting chief financial officer. The news sent the struggling solar company's shares up 8 cents, or 6.7 percent, to $1.27 in afternoon trading. Its shares have traded in a 52-week range of 30 cents to $1.99.
EMO Hannover returns today through September 21,2013. International producers of manufacturing technology are exhibiting their metalworking products, solutions and services under the theme “Intelligence in Production” at the world's leading metalworking trade show.
U.S. factories increased output in August by the most in eight months, helped by a robust month at auto plants. The gains are a hopeful sign that manufacturing could help boost economic growth in the second half of the year. Manufacturing production rose 0.7 percent last month from July, the Federal Reserve said Monday.
More than 40 state legislatures have debated the increasing presence of unmanned aircraft in civilian airspace, with most of the proposals focused on protecting people from overly intrusive surveillance by law enforcement. But Texas' law tips the scales in police favor — giving them broad freedoms to use drones during investigations and allowing them to bypass a required search warrant if they have suspicions of illegal activity.
Production and skilled trades workers at the General Motors assembly plant in Ingersoll, Ont., have ratified a contract agreement with the automaker. The 2,700 workers are members of Unifor, the new union created by the merger of the Canadian Auto Workers with the Communications, Energy and Paperworkers union.
A Central California cereal plant will have to spend more than $2 million for violating federal air quality rules. The Environmental Protection Agency says Friday that Post Holdings Inc. and Ralcorp Holdings Inc. will pay a $635,000 penalty for failing to install air pollution controls at its cereal plant in Modesto.
Daimler Trucks North America announced Friday it will expand its Portland headquarters after state and city officials offered nearly $20 million in incentives. The unit of Daimler AG said its new building will house 400 new white-collar workers and hundreds of existing employees who now work in rented offices across the Willamette River.
A fire broke out Sunday in a garment factory in Bangladesh's capital, but the blaze was extinguished before it could spread and there were no casualties, an official said. The fire broke out on the top floor of a six-story building in Dhaka where bundles of clothes were kept, fire official Sheikh Mizanur Rahman said.
FabEnCo, Inc., a leading manufacturer of self-closing safety gates, announced today that David LaCook, former company CEO, now a Director of the FabEnCo Founding Fathers Foundation, presented the Gettysburg Seminary Ridge Museum with a check for $150,000 on the occasion of the 150th anniversary of the Battle of Gettysburg and the opening of the new museum.
European carmakers can live and die by their mid-sized hatchbacks. And that category has long been the realm of the Volkswagen Golf. French carmaker Peugeot is hoping to change that with its redesigned 308. Every bit of this car shows the company is gunning for Golf customers: a sleek design, a minimalist interior and the promise of a low-emissions version that would rival VW's.