Toshiba Corp. is considering shutting down its television manufacturing plant in Poland as part of measures to restructure its struggling television business, sources close to the matter said Thursday. But Toshiba will sell the plant if it finds a buyer, the sources said.
Economics isn't all that complicated. We can create a million new American jobs this year by simply looking for the Made In America label. If each of us takes a tiny fraction of the money we're already spending and buys U.S.-made goods, we'll create a economic tidal wave. Watch the video, and then share it. Boom, you just helped make a million new jobs.
Two Iraq War veterans eager to slake a growing American thirst for craft beer are setting up a brewery less than a mile from the main runway for the Navy's East Coast master jet base. Their beers have names like "Jet Noise Double IPA and "Pineapple Grenade Hefeweizen." And their motto strikes a military chord: "Brewing With the Freedom We Fought For."
Wayne State University is going smaller in a bigger way. The Detroit university is using a $200,000 federal grant to develop an undergraduate program in nanoengineering. The field is a branch of nanotechnology, which involves manipulating matter at the molecular level.
Global consumer products maker Unilever is planning a $152 million expansion of its margarine and spreads plant in northeast Kansas. The Kansas City Star reports the project announced Tuesday will double the size of the plant at the New Century AirCenter industrial park in Olathe.
Steel Fab plans to open a pressure tank manufacturing facility in Russell County that will create 50 jobs. Gov. Bob McDonnell said Tuesday that Steel Fab will invest $1.5 million in the operation, which will be located in Lebanon.
Hyundai's labor union said 46,000 workers will stage a four-hour strike over two days this week as the union increases pressure on the automaker for higher wages and benefits. Union spokesman Kwon Oh-il said Tuesday that talks with Hyundai Motor Co. management had made little progress.
The city's biggest employee union, retirees and even a few dozen residents filed objections Monday to Detroit's request for bankruptcy protection, the largest municipal filing in U.S. history and a move aimed at wiping away billions of dollars in debt.
Kawasaki Heavy Industries Ltd. will construct a new factory to produce larger fuselages for the Boeing 787 Dreamliner aircraft, its officials said Tuesday. The heavy machinery and engineering company will begin construction in 2014 on land adjacent to its existing facilities in Yatomi, Aichi Prefecture, and plans to start production as early as in 2015.
Mitsui Kinzoku Catalysts America Inc. will locate a plant in Frankfort making catalytic converters and creating 50 full-time jobs. The company expects to invest $19.5 million in the project and wants to begin operations within two years.
From the corner offices across America to the halls of Capitol Hill, leaders in the public and private sectors are sounding the call for economic reform and job creation. As the U.S. looks to forge a path for sustainable economic growth for the nation, there is a powerful business tool that can help U.S. industry to fuel business performance and drive growth.
REC Silicon, with 500 workers in this Central Washington town, annually produces enough solar-grade polysilicon to power more than 2 million homes. But a global trade battle over solar panels threatens to plunge REC and its local workforce into financial crisis.
Unemployment rates rose in more than half of U.S. states in July and fewer states added jobs, echoing national data that show the job market may have lost some momentum. The Labor Department said Monday that unemployment rates increased in 28 states. They were unchanged in 14 and fell in eight states — the fewest to show a decline since January.
Jim Rodgers assumed his job as an electrician at the Paducah Gaseous Diffusion Plant would take him all the way to retirement. After all, for six decades the government-owned uranium-enrichment plant was synonymous with job security and some of the region's best wages.
Full employment, plenty of cheap housing, a new Industrial Revolution and Police 3.0. Those are the French government's predictions for the year 2025. Leaders in the Socialist administration, who are under criticism for the struggling economy and rising joblessness, met Monday to discuss the way forward.
Nippon Steel & Sumitomo Metal Corp. will comply if South Korea's Supreme Court upholds a ruling ordering the Japanese firm to pay 400 million won, or around 35 million yen, to four former South Korean workers as reparation for wartime forced labor, company sources said Sunday.
The number of Americans seeking unemployment benefits dropped 15,000 last week to a seasonally adjusted 320,000, the fewest since October 2007 — a sign of dwindling layoffs and steady if modest job growth. The Labor Department said Thursday that the less volatile four-week average fell 4,000 to 332,000, the fewest since November 2007 and the fifth straight decline.
A federal appeals court has reinstated a lawsuit by a Kentucky man who claims he was passed over for a job overseeing waste disposal from a nuclear plant because he is a whistleblower. The U.S. 6th Circuit Court of Appeals on Thursday ordered a federal judge to determine whether executives with EnergySolutions Inc. learned of Gary Vander Boegh's whistleblowing before bypassing him for the landfill manager's job.
Cleveland State Community College has partnered with Cormetec Corporation to help recruit, assess, and train job seekers for open positions in advanced manufacturing operator positions. CSCC recently graduated their first class from their new OneSource Workforce Readiness Manufacturing Skills Training program.
A Petersburg chemical plant plans to close by the end of 2014, laying off 240 employees. Boehringer Ingelheim Chemicals Inc. said Thursday that it will begin to phase out operations starting in December 2013. The Petersburg facility that has been in operation since the late 1970s manufactures active ingredients for the pharmaceutical industry.
Cisco's earnings and revenue grew in the latest quarter as demand for its computer networking equipment increased. But CEO John Chambers called the global economy "challenging and inconsistent" and the company said it is cutting about 4,000 jobs, or about 5 percent of its work force.
Manufacturing company Leggett & Platt is planning a $5 million expansion for its facility in southwestern Missouri. Gov. Jay Nixon announced Wednesday that Leggett & Platt would be adding 28,000 square feet and an expected 12 jobs to its Flex-O-Lators facility in Carthage. The plant makes automotive seating components.
A seafood company plans to open a $41 million plant that processes frozen fish in west Georgia. Seattle-based Trident Seafoods plans to expand and move into a Carroll County facility once operated by Chiquita. The expanded plant will cover 147,000 square feet.
With Thomas Perez now confirmed as head of the Labor Department, the agency is expected to unleash a flurry of new regulations that have been bottled up for months — a prospect that has business leaders worried and labor advocates cheering. Some long-awaited rules would help boost employment for veterans and the disabled, increase wages for home health care workers and set new limits for workplace exposure to dangerous silica dust.
There's a sense of urgency to the quest for workplace harmony, as baby boomers delay retirement and work side-by-side with people young enough to be their children — or grandchildren. Put people of widely different ages together and there are bound to be differences. Baby boomers, for example, may be workaholics, while younger workers may demand more of a work-life balance.