KANSAS CITY, Mo. (AP) — A contract deal that Ford Motor Co. reached Tuesday with the United Auto Workers will mean about a $1 billion investment and hundreds of new jobs for a suburban Kansas City Ford plant, and was hailed by Gov. Jay Nixon as a "historic" boost to manufacturing in the state.
FREEBURG, Mo. (AP) — A central Missouri window manufacturer plans to spend more than $11 million on an expansion that could add 95 new employees. Gov. Jay Nixon traveled to the Quaker Windows headquarters in Freeburg on Tuesday to announce the company's expansion plans. The state is offering the company more than $350,000 of tax incentives over five years.
DALLAS (AP) — Flowserve Corp., a pump maker and fluid handling company, is buying privately held Lawrence Pumps Inc. for about $89 million so that it can better serve some of its key markets. Lawrence Pumps' makes centrifugal pumps used primarily in the petrochemical and oil and gas industries.
NEW YORK (AP) — Sprint Nextel Corp. has committed to buying more than 30 million iPhones over the next four years, imposing a heavy burden on an already cash-strapped company, according to a report published Monday. The Wall Street Journal's online edition attributed the report to unnamed sources.
DETROIT (AP) — Ford Motor Co. will pay its U.S. factory workers a $6,000 signing bonus and add thousands of U.S. factory jobs as part of a four-year contract deal reached Tuesday with the United Auto Workers union. Most Ford workers will get profit-sharing checks instead of annual raises under the deal, starting with a payment of around $3,700 this year.
WASHINGTON (AP) — President Barack Obama said Monday he does not regret a $528 million loan to a solar energy company that later collapsed, saying officials always knew a clean energy loan program would not back winners 100 percent of the time. "There are going to be some failures, and Solyndra's an example," Obama said in an ABC News interview, referring to a California solar panel maker that declared bankruptcy last month and laid off its 1,100 workers.
WASHINGTON (AP) — Businesses ordered more computers, communications equipment and other big-ticket items in August, a hopeful sign for the slumping economy. Orders for capital goods, which are considered a good measure of business investment plans, rose 0.9 percent in August, the Commerce Department said Tuesday.
SPRINGDALE, Ark. (AP) — Cargill Inc. has laid off 130 people at its Springdale plant because the company hasn't been able to produce ground turkey since a recall last month. Cargill spokesman Mike Martin said Monday the company couldn't find work for all the employees assigned to that area since production stopped Sept.
MILWAUKEE (AP) — The Occupational Safety and Health Administration has ordered a Wisconsin grain company to increase safety training for grain bin employees and pay a fine of $550,000. Burlington-based Cooperative Plus Inc. was cited for 14 willful, 23 serious and two other safety violations in August 2010 for lacking proper equipment and procedures and exposing workers to the risk of being engulfed in storage bins.
HIGH POINT, N.C. (AP) — The parent company of High Point-based Thomas Built Buses says more than 1,800 buses are being recalled to repair a faulty part. The High Point Enterprise reported (http://bit.ly/oBVDiA) that the recall involves clamps on engines supplied for the buses by Cummins Inc.
DEARBORN, Mich. (AP) — Ford Motor Co. says it will add 5,750 jobs and invest $4.8 billion in its factories as part of a new contract deal with the United Auto Workers union. Company Vice President of Manufacturing John Fleming tells reporters that most of the new hires will be at an entry-level wage, which will cut the company's labor costs.
DETROIT (AP) — The federal government is investigating the Saturn Ion midsize sedan after getting reports of a sudden loss of power steering. The investigation, opened Thursday, focuses on Ions from the 2004 through 2007 model years. GM sold more than 382,000 Ions during that time.
WAXAHACHIE, Texas (AP) — A fire sparked as workers mixed chemicals at a plant south of Dallas shot massive plumes of black smoke and bright orange flames into the sky Monday, forcing schoolchildren and residents to evacuate or take cover indoors to avoid possible exposure to dangerous gases.
MOLINE, Ill. (AP) — Farm and lawn machinery maker Deere & Co. said Monday it will invest $124 million to build two new factories in Brazil to supply growing demand for construction equipment in South America. The company said the factories will cost a total of about $180 million to build, and it will co-own one with Hitachi Construction Machinery Co.
DOVER, Del. (AP) — Delaware Technical and Community College has been awarded a nearly $5 million federal grant to create job training programs in growing sectors that are seeking skilled workers. Several new programs will be created to educate students in renewable energy. Some funds will expand a manufacturing efficiency lab.
FREMONT, California, Oct. 1 (Kyodo) — U.S. electric vehicle maker Tesla Motors Inc. said Saturday it will be ready to produce its new "Model S" electric vehicle by the end of this year at the plant it bought from the now-liquidated joint venture of Toyota Motor corp. and then General Motors Corp.
SEOUL, South Korea (AP) — If you own a consumer electronics gadget, there's a good chance something from Samsung makes it tick. The company has traveled far from its roots as a seller of cheap appliances in the 1970s and 1980s when South Korean products were more likely to be panned than praised internationally.
OSHKOSH, Wis. (AP) — Union members at one of the largest employers in the Fox Valley have overwhelmingly rejected a new contract. Local President Nick Nitschke (NICH'-kee) says 85.5 percent of union members voting Friday rejected the offer from Oshkosh Corp. But Nitschke says the union hopes it doesn't have to go on strike.
DETROIT (AP) — Pickups and SUVs led U.S. auto sales in September, as falling gas prices, promotions and pent-up demand from contractors drove demand for large vehicles. Trucks sales at General Motors, Chrysler and Ford grew in the double digits, outpacing cars and boosting overall sales.
COLUMBUS, Ohio (AP) — The developer of a uranium enrichment project in southern Ohio said Friday it is suspending contracts with some suppliers and notifying about 450 workers in Ohio, Tennessee and Maryland that they might be laid off if uncertainty about funding means it has to stop most activity on the project.