LOUISVILLE, Kentucky (AP) — American families are ready to hitch up their trailers and tow the RV industry out of its worst stretch in nearly two decades. The industry was driven into the ditch last year by the Great Recession. Sales plunged, plants closed and thousands of jobs were cut as orders for recreational vehicles dropped to their worse level since 1991.
Sterling Heights, Mich. — Chrysler Group LLC celebrated the extension of production, the addition of a second shift and an $850 million investment at an event today at its Sterling Heights (Mich.) Assembly Plant. The celebration also marked the start of production of the all-new 2011 Chrysler 200 and Dodge Avenger.
CHICAGO (AP) — Boeing Co. puts a three-week hold on assembling new 787s. Boeing said on Monday that the hold began late last month. It says it is not asking the companies that make parts for the 787 to slow or stop production. The latest delay comes as Boeing deals with the aftermath of an electrical fire during a test flight last month.
DEARBORN, Mich. (AP) — Ford Motor Co. on Monday started high-volume production of its new Focus compact at its Saarlouis factory in Germany, the company said. Early U.S. production of the car is now under way at a factory near Detroit, with the Focus due in U.S. showrooms early next year. The car, designed in Europe for sale in 120 markets around the globe, will be built in mid-2011 in St.
NORTHFIELD, Illinois (AP) — Kraft Foods is seeking a preliminary injunction against Starbucks, saying Monday that the coffee chain violated terms of a distribution deal. The two businesses began arbitration proceedings late last month as Kraft tried to prevent Starbucks from ending an agreement to distribute and promote its packaged coffee in stores.
WASHINGTON (AP) — Orders to U.S. factories fell in October by the largest amount in five months, reflecting a big drop in demand for aircraft. Factory orders declined 0.9 percent in October, the Commerce Department reported Friday. It was the first setback since June and the biggest decline since a 1.
WASHINGTON (AP) — The U.S. and South Korea have reached an agreement on America's largest trade pact in more than a decade, a highly coveted deal the Obama administration hopes will boost U.S. exports and create tens of thousands of jobs at home. After a week of marathon negotiations, representatives from both countries broke through a stalemate Friday morning on outstanding issues related to the automobile industry, which have been a sticking point in the talks.
TOKYO (AP) — Japanese automaker Mazda remains committed to its 30-year-old technical and strategic alliance with Ford although the US company is no longer its top shareholder, Mazda's chief said Monday. Ford cut its stake in Mazda from 11 percent to 3.5 percent last month, marking a symbolic shift in a longtime U.
The Associated Press asked people around the country to share their ideas on jump-starting the economy. Some responses: More stimulus: Carolyn Morrison is a Wake County, N.C., school board member who has spent more than 45 years in education. The public school she attended as a child in Lumberton, N.
WALLINGFORD, Connecticut (AP) — Members of the Machinists union have overwhelmingly ratified a new contract with jet engine maker Pratt & Whitney that allows the company to shut two plants it has targeted for more than a year, while preserving jobs insisted on by the union. Workers voted 2,609-198 Sunday to accept the pact with the subsidiary of United Technologies Corp.
DETROIT (AP) — General Motors Co. took another step toward cleaning up its balance sheet on Thursday when it pumped $4 billion in cash into its underfunded U.S. pension plans. The company made the payment two weeks after a historic initial public stock offering that was worth a total of $23 billion, and it comes just 17 months after the automaker exited a government-funded bankruptcy restructuring.
SEOUL, South Korea (AP) — A scion of the family that founded the sprawling Samsung conglomerate has been promoted to president at the flagship electronics business, sending its shares to a record high. The elevation of Lee Jae-yong, 42, from executive vice president at Samsung Electronics Co.
NEW YORK (AP) — An unexpected increase in the U.S. unemployment rate and slower than expected job growth has darkened the mood ahead of Friday's opening on Wall Street. The unemployment rate climbed to a seven month high in November as employers added only 39,000 jobs. Economists had expected that 145,000 were added last month.
HOWARD, Wis. (AP) — One worker was killed and another injured when they fell from scaffolding at a Green Bay area paper company Thursday. Officials say the two men were employed by Faith Technologies, a contractor at Hattiesburg Paper Co. in Howard. The Brown County medical examiner's office identifies the worker who died as 41-year-old Michael Leroy of Appleton.
WASHINGTON (AP) — Rearview cameras could become more common in future cars and trucks under new rules the government was proposing Friday to address concerns about drivers unintentionally backing over children. The Transportation Department was offering new requirements to improve rear visibility in cars by the 2014 model year.
NEW ORLEANS (AP) — A pilot program to fix homes that were built with tainted drywall made by a major Chinese manufacturer is progressing well and will likely expand, a federal judge said Thursday. U.S. District Judge Eldon Fallon said a test program to repair up to 300 homes in Florida, Louisiana, Alabama and Mississippi made with drywall made by Knauf Plasterboard Tianjin Co.
SUVA, Fiji (AP) — Fiji Water reopened its operations in the South Pacific nation of Fiji on Wednesday — just two days after closing its bottling plant and laying off 400 workers in a row over a major government tax increase. The U.S.-owned company said after meeting with Fiji's leaders it has agreed to "comply" with the hefty tax hike imposed on it by Fiji's military-led regime.
WASHINGTON (AP) — The work force was more productive in the summer than originally thought, reflecting the fact that the economy produced more goods and services than first estimated. Despite the revision, the efficiency of U.S. workers is increasing at a much slower pace than last year and economists say that could signal more hiring in the near future.
ANDERSON, Ind. (AP) — An Indianapolis electronics company says it will buy a former General Motors plant in Anderson as part of an expansion that will create up to 100 jobs by 2013. Northwind Electronics LLC makes electrical systems for work vehicles. CEO Phillip Berry says the company currently employs 10 people in Indianapolis and had been looking for possible locations for expansion.
WASHINGTON (AP) — The manufacturing sector likely grew in November for the 16th straight month, though at a slightly slower pace than the previous month. Still, the continued expansion of manufacturing is a good sign for the economy. The factory sector led the nation out of recession late last year, but many economists have feared that its growth would end when companies finish replenishing their stockpiles of goods.