Aircraft maker Boeing Co. announced Friday it will expand manufacturing operations in Utah by opening a third factory in the Salt Lake City area to fabricate a tail piece for the Boeing 787. Boeing is taking over a factory originally built by KraftMaid Cabinetry in the Salt Lake suburb of West Jordan, where Gov. Gary Herbert joined company officials Friday for the announcement.
Japanese automaker Honda says it will cut about one in four jobs at its UK factory as it struggles with low demand in Europe. Honda Motor Europe says poor sales across Europe due to the region's economic crisis are behind the loss of 800 positions among its 3,500 member workforce in Swindon. The plant makes the Civic, Jazz and CR-V models.
A new defense spending plan will keep the nation's only tank manufacturing plant operating through the next two years, ending months of worry about the future of the factory where about 800 workers refurbish the Abrams tanks. Funding for tank upgrades has been on the chopping block the past two years and the debate over the potential cuts backed by the White House entered into the presidential campaign this past fall.
Record unemployment and fraying social welfare systems in southern Europe risk creating a new divide in the continent, the EU warned Tuesday, when figures showed joblessness across the 17 EU countries that use the euro hit a new high. Eurozone unemployment rose to 11.8 percent in November, the highest since the euro currency was founded in 1999, according to the statistical agency Eurostat.
A Coca-Cola plant and warehouse in southeastern Kentucky is expanding, with a company official saying more room is necessary to accommodate growing sales. The plant in Middlesboro will grow by about 24,000 square feet. Regional Sales Manager Bobby Abbott told The Daily News the company needs a place to put more items and new equipment.
Commonwealth Applied Silica Technologies plans to open a manufacturing facility in Campbell County that's expected to create 300 jobs. Richmond-based Commonwealth plans to invest $35 million in the new facility, which will be constructed on the former Archer Creek Foundry site. The facility will process silica ore and extract high-value components for resale.
When the word reached the Orion Assembly Plant, it spread along the serpentine assembly line like news of a death or natural disaster: GM had filed for bankruptcy protection. But there was something that the workers didn't know: They were witnessing the opening act of one of the greatest recovery stories in American business.
Food company Ralcorp Holdings Inc. says it will close two upstate New York manufacturing facilities in a move that will leave 375 workers without jobs. The St. Louis-based company says it will close its Silver Creek and Dunkirk facilities in western New York as it shifts manufacturing to improve efficiency.
A firm that builds components for jet engines in Butte, Mont. plans to expand its operations. GE Aviation and Marysville, Wash.-based SeaCast Inc. announced Thursday that they have established a joint venture — Montana Precision Products — to produce jet engine components at SeaCast's facility in Butte.
U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the tense negotiations to resolve the fiscal cliff. The solid job growth wasn't enough to push down the unemployment rate, which remained 7.8 percent last month, the Labor Department said Friday. The rate for November was revised up from an initially reported 7.7 percent.
Felman Production LLC and the United Steelworkers have agreed on a new contract at the company's ferroalloys plant in New Haven, W. Va. Felman announced the agreement with United Steelworkers Local 5171 on Wednesday. It says the 42-month contract will cover more than 215 workers.
The sale of a former General Motors plant in north-central Ohio is raising hopes that new jobs will be coming. Representatives of a Miami-based firm that will own the former auto factory near Mansfield say they have two potential tenants that could bring 1,100 jobs combined.
Ford is spending about $773 million to expand six Michigan manufacturing plants while adding 2,350 factory jobs in the state, part of a broader investment plan announced last year. Ford Motor Co., which is based in Dearborn, Mich., aims to invest $6.2 billion in U.S. facilities and add 12,000 factory jobs across the country by 2015.
Boeing is cutting about 100 jobs in Colorado after losing a major contract, but the aerospace company said many of the employees could be offered jobs with a competitor that won the contract. Boeing lost its contract to maintain software used by the Air Force Space Command to control the Global Positioning System satellite network to Lockheed Martin Corp.
Georgia Gov. Nathan Deal says a Korean auto manufacturer is planning to build a plant southwest of Atlanta that will create 660 jobs. Mando Corp. announced in 2011 that it would build the new casting facility in Meriwether County. Deal said at the time that Mando planned to employ about 200 people initially with anticipated growth leading to 426 jobs.
Industrial conglomerate Siemens AG says it will cut about 1,100 jobs in its energy division in Germany over the next two years amid a wider cost-cutting effort. Siemens said Thursday the cuts will primarily affect its fossil power and the oil and gas services units which are experiencing sluggish demand. The phasing-out of its nuclear power division also plays a role.
Weeks after a critical West Coast port complex was crippled by a few hundred striking workers, the East Coast is bracing for a possible walkout numbering thousands that could close 15 ports from Massachusetts to Texas. The latest talks between shipping companies and dockworkers broke down Tuesday, less than two weeks before the contract expires Dec. 29, leading to worries a strike was inevitable.
Wind energy advocates are pushing for the credit renewal. The American Wind Energy Association, quoting a study by Navigant Consulting, said a new U.S. manufacturing sector and 37,000 jobs could be lost by the first quarter of 2013 if Congress fails to act.
Blindsided by a new law weakening union rights in Michigan, organized labor is preparing to target Republican governors in politically important states up for re-election in 2014 — part of a renewed offensive against perceived anti-union policies.
German auto supplier Rausch & Pausch is locating a plant in Auburn, Ala. that is expected to create 105 jobs within five years. Chairman Horst Pausch Sr. said the company based in North Bavaria, Germany, plans to have both its U.S. headquarters and a production facility in Auburn. The company produces solenoid valves, control blocks, and other auto parts.
Chrysler Group is planning to potentially add 400 jobs at three existing central Indiana factories while also starting up a new plant nearby with perhaps 850 workers. The Kokomo City Council voted Monday night to approve property tax breaks requested by Chrysler for $212 million in new equipment for its factories in the city.
Chrysler Group says it is considering a sprawling, unfinished factory in central Indiana for a plant with perhaps 850 workers. Tipton County officials on Monday approved a property tax abatement request from Chrysler for the factory site along U.S. 31 near the city of Tipton.
The closure of the 85-year-old Minas Basin mill is the latest blow for one-industry towns that have seen the economy pass them by, adding to the westward migration of skilled workers and draining the coffers of struggling communities. As the plants close, the small-town dream fades for many, says Arne Jensen, a former construction electrician at the Minas Basin site.
General Motors says it expects to add more than 500 jobs at a Buffalo-area plant that will make engines for the automaker's new versions of two popular pickup trucks. The V8 engines for the Chevrolet Silverado and GMC Sierra line of pickups will go into production early next year at the GM Powertrain plant in the town of Tonawanda, just north of Buffalo.
A union official representing steelworkers at the shuttered Sparrows Point steel mill is reacting angrily to reports key mill equipment has been sold. Joe Rosel, president of a United Steelworkers local in Sparrows Point, says no one will want to buy the plant without the cold mill equipment.