Ford Motor Co. said Thursday that it's adding 2,000 workers to the Missouri plant that makes the F-150 pickup because of surging U.S. truck demand. The company plans to add a shift with 900 workers in the third quarter of this year to make pickups. That's in addition to the 1,100 workers Ford will hire to make the new Transit van. Those workers will start in the fourth quarter.
A steel fabricator plans to add more than 150 jobs over the next three years at its Dawson County plant, company executives said, to supply parts for a new Caterpillar production facility near Athens. The Times of Gainesville reported that Impulse Manufacturing will produce parts for several small excavators that will be produced at the new Caterpillar plant.
The U.S. economy has been expanding wildly for two centuries. Are we witnessing the end of growth? Economist Robert Gordon lays out 4 reasons U.S. growth may be slowing, detailing factors like epidemic debt and growing inequality, which could move the U.S. into a period of stasis we can't innovate our way out of. Be sure to watch the opposing viewpoint from Erik Brynjolfsson.
As machines take on more jobs, many find themselves out of work or with raises indefinitely postponed. Is this the end of growth? No, says Erik Brynjolfsson -- it’s simply the growing pains of a radically reorganized economy. A riveting case for why big innovations are ahead of us … if we think of computers as our teammates. Be sure to watch the opposing viewpoint from Robert Gordon.
An Iowa jury on Wednesday awarded a total of $240 million to 32 mentally disabled Iowa turkey processing plant workers for what government lawyers described as years of around-the-clock abuse and discrimination by the Texas company that oversaw their care, work and lodging.
Workers around the world united in anger during May Day rallies Wednesday — from fury in Europe over years of austerity measures that have cut wages, reduced benefits and eliminated many jobs altogether, to rage in Asia over relentlessly low pay, the rising cost of living and hideous working conditions that have left hundreds dead in recent months alone.
A spokesman for Gov. Nathan Deal says a carpet manufacturing company will open two plants in northwest Georgia and create about 2,400 jobs. Deal's spokesman Brian Robison confirmed Wednesday that Engineered Floors will build plants in Whitfield and Murray counties.
A Chinese company whose mantra is Build Your Dreams plans to build all-electric buses in California's Mojave Desert. Lancaster Mayor R. Rex Parris and officials of BYD Automotive scheduled a news conference Wednesday to announce plans to open the first Chinese-owned vehicle manufacturing plant in the United States in the wind-swept high-desert city 60 miles northeast of Los Angeles.
A government attorney asked jurors Tuesday to award damages to 32 mentally disabled workers, saying they were subjected to around-the-clock discrimination by a Texas company that profited from their work at an Iowa turkey plant. qual Employment Opportunity Commission attorney Robert Canino said the former workers for Henry's Turkey Services suffered "broken lives" because of the conditions they endured.
Goodman Manufacturing will expand its plant in Dayton, creating 200 new jobs. State and company officials announced Tuesday that Goodman is investing $2 million in the plant in Rhea County, which makes commercial and light commercial heating and air conditioning equipment.
Caterpillar says it plans to close its Summerville remanufacturing plant next year, a move that will put 280 people out of work. The Post and Courier of Charleston reports the company said Monday that the decision came after an extensive strategic review of the business.
Japan manufacturing and employment showed slight improvements in March, buttressing hopes that the economy may be headed for a moderate recovery. Factory output rose 0.2 percent, the Ministry of Economy, Trade and Industry said Tuesday, in the fourth straight monthly increase. It pointed to strength in chemicals, electrical components, telecommunications equipment and steam turbines.
Executives with Yokohama Rubber Co. Ltd. say they will build a new tire plant in Mississippi because they see a global supply shortage for tires. The company plans to invest $300 million, hiring 500 people, in a first phase, and could invest $1.2 billion, hiring 2,000 people, over time. State and local governments could give more than $340 million in aid and tax breaks.
With the backdrop of an uncertain economy, shrinking unions and company cost-cutting, Goodyear and the Steelworkers are negotiating on a new national contract covering 8,000 tire workers at six plants. The first round of talks in Cincinnati ended Thursday and recessed.
A Japanese company will get incentives that could be worth more than $330 million to build a tire manufacturing plant in Clay County. Mississippi lawmakers quickly passed the bill intended for Yokohama Rubber Co. Ltd. in a Friday special session, with House members supporting it 117-2 and Senate members supporting it unanimously. The entire session took less than four hours.
Caterpillar Inc. is laying off about 60 employees at a plant in central Illinois as the company deals with declining profits. The Journal Star in Peoria reports that Caterpillar said Thursday that it will lay off workers at a foundry in Mapleton starting in early May. The town is just south of Peoria, where Caterpillar is based.
After weeks of threatening rhetoric from the North, South Korea on Thursday promised its own unspecified "grave measures" if Pyongyang rejects talks on a jointly run factory park shuttered for nearly a month. The park in the North Korean border town of Kaesong is the most significant casualty so far in the recent deterioration of relations between the Koreas.
Finnish metals group Outokumpu Oyj says it will slash 2,500 jobs worldwide in the next four years to cut costs by 350 million euros ($455 million) and improve profitability as stainless steel demand continues to fall. The world's leading stainless steel maker says about a third of the job cuts will be applied this year, mostly in Germany, Sweden and Finland, in line with production capacity reductions and streamlining.
South Carolina Gov. Nikki Haley on Tuesday signed legislation to provide $120 million in incentives to the Boeing Co. for its expansion plans in the state. "Boeing is a part of the fabric of South Carolina, and this solidifies our relationship with Boeing going forward," Haley spokesman Rob Godfrey said.
A now-defunct Texas company that put mentally disabled men to work at an Iowa turkey plant for decades is due in court to defend itself against allegations that it subjected the men to physical and verbal abuse. The U.S. Equal Employment Opportunity Commission is suing Henry's Turkey Service on behalf of 32 former workers.
Bells Brewery Inc. is seeking the Escanaba City Council's approval Thursday to buy property and build a manufacturing plant in the Upper Peninsula city. MLive.com reports that the Kalamazoo-based beer-maker on Friday offered $35,000 for 3.15 acres in the Whitetail Industrial Park. Bell's offer says it will build the plant within 18 months and says it will employ five people.
A Canada-based company plans to manufacture wind towers in a building it purchased in the eastern South Dakota city of Brandon. The Argus Leader reports that Marmen Inc. promotes itself as the largest wind tower manufacturer in North America. The company has said it plans to hire 200 people at the new plant.
Washington's budget tightening is having a minimal effect on businesses, a survey of business economists released Monday shows. The National Association for Business Economics survey asks how higher taxes and lower government spending effected businesses in the first three months of 2013.
The Department of Commerce and Economic Opportunity is giving an auto parts maker $4.4 million in tax breaks and other incentives after the company agreed to add 300 jobs at its plant in eastern Illinois. The department said Thursday that North American Lighting Inc. will add the jobs at its plant in Paris as part of a $50 million expansion.
For the first time, a Lexus vehicle will be produced in the United States. The Lexus ES 350 will be assembled at Toyota Motor Manufacturing, Kentucky in 2015, Toyota announced today. The move will generate 750 new jobs. To support the new dedicated assembly line, Toyota will invest $360 million in the Georgetown plant.