The Commerce Department's final look at growth in the summer was up from a previous estimate of 3.6 percent. Four-fifths of the revision came from stronger consumer spending, primarily in the area of health care.
Whirlpool is moving production of its commercial front-load washing machines from Mexico to Ohio. The appliance maker, whose brands include Maytag, Kenmore and its namesake, said Friday that 80 to 100 new jobs will be created in Ohio over the next three years to support the relocation.
A businessman says he has reached a deal with a Chinese company to finance a proposed southern Indiana fertilizer plant that could cost nearly $1 billion to build. Ohio Valley Resources president Doug Wilson of Fairfield, Ill., announced Thursday that the Chinese company will provide equity financing for the construction while his company will manage the project near the Ohio River town of Rockport.
The Michigan Economic Development Corp. said Circuit Controls Corp. and North American Lighting Inc. are getting incentives approved by the Michigan Strategic Fund. According to the state, the expansions could mean 112 new Michigan jobs.
Global shifts in costs, processes and consumer purchasing habits put the U.S. in a position to revitalize its manufacturing sector and enhance businesses and industry at home. The only thing missing is enough skilled workers to maintain the momentum.
Chanting "give us a vote" and holding signs, about three dozen people marched from Boeing Co.'s campus to the local union hall in Everett. The rally came six days after local union leaders said the company's offer was too similar to one that workers rejected last month.
There's no arguing the facts: Manufacturing, in California, is a huge element of the state's economy. According to the state's Employment Development Department, there are more than 1.2 million people working in the industry.
Top CEOs, including Chad Holliday of Bank of America and Eric Spiegel of Siemens USA, discuss the advantages that the U.S. offers for manufacturing, including the largest market in the world, low energy costs, and a strong technology infrastructure.
Boeing asked for proposals from interested states after union workers in Washington state rejected a new contract offer. At least 22 states responded, hoping to land a plant that would employ up to 8,500 people. Illinois economic development officials sent the proposal last week.
A prominent business group is challenging government rules that require federal contractors to display posters telling workers they have a legal right to form a union. The National Association of Manufacturers filed a federal lawsuit Wednesday that asserts the Labor Department regulations violate the free speech rights of employers.
Novelis announced it will invest an additional $205 million to further expand its global manufacturing operations serving the rapidly growing automotive market. The company will build new finishing lines at its plants in Oswego, N.Y. and Nachterstedt, Germany, dedicated to the production of aluminum automotive sheet.
Mercedes-Benz is opening a new section at its plant in Tuscaloosa County. About 600 contractors and service providers will work in the 900,000-square-foot building. They will be responsible for handling almost 3 million parts a day.
U.S. Senator Amy Klobuchar, Vice Chair of the U.S. Congress Joint Economic Committee, today released a new report detailing the revitalization in U.S. manufacturing, showing it has added over 500,000 jobs since February 2010 and exceeded its pre-recession peak for exports, up 38 percent since 2009.
New York Governor Cuomo last weekend announced the FuzeHub, which aims to connect small- and medium-sized manufacturers (SMEs) with state resources, such as the New York Manufacturing Extension Partnership (MEP) program, economic development agencies and more.
Many workers want a chance to vote on Boeing's latest offer, even though union leaders have said the contract is too similar to one rejected last month, Fritzler said. Federal, state and local political leaders also have called for a vote.
Boeing will nearly triple its footprint near Charleston International Airport with the acquisition of even more land than expected in a $49 million deal announced Friday.
Sikorsky Aircraft workers in Connecticut and Florida have approved a new contract that includes a 10 percent wage increase over four years and $4,000 signing bonuses.
Boeing and Puget Sound-area machinists can't even agree on how their latest contract talks came to an end. Local machinists spokesman Bryan Corliss said Friday that the company withdrew its latest contract offer after union leaders told Boeing Co. they could not recommend the proposal to members.
Australian Prime Minister Tony Abbott on Thursday urged Toyota Motor Corp. to continue manufacturing cars in the country, a day after General Motors Co. announced it would follow Ford Motor Co. in ceasing production here due to high costs, market fragmentation and fierce competition.
The number of people seeking U.S. unemployment benefits rose 68,000 last week to a seasonally adjusted 368,000, the largest increase in more than a year. The surge in first-time applications could be a troubling sign if it lasts. But it likely reflects the difficulty adjusting for delays after the Thanksgiving holiday.
The university's unmanned aircraft degree program, the nation's first, exploded from five students in 2009 to 120 students last year. Embry-Riddle Aeronautical University and Kansas State have since added similar programs.
A labor group monitoring three Chinese factories that make iPhones and other Apple products says once-oppressive working conditions have steadily improved in the last 18 months, but more must be done to reduce the amount of overtime that employees work.
On the second day of talks between Boeing Commercial Airplanes officials and Machinists union leaders, the union said Wednesday it presented a preliminary proposal for a contract that would mean much of the work on the company's new 777X jet would be done in the Puget Sound region.
U.S. Labor Secretary Thomas Perez says extending unemployment insurance, passing a budget, immigration reform and infrastructure investments will 'build on this progress' in the job market.
General Motors Co. said Wednesday it will stop making cars and engines in Australia by the end of 2017, with nearly 2,900 jobs to be lost, because of high production costs and competition.The decision could spell the end of car manufacturing in Australia as the industry will be too small for supporting businesses such as parts makers to remain economic.