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.
Labor unions at Hyundai Motor Co. and its affiliate Kia Motors Corp. said workers voted to strike after talks with management for increased pay and benefits collapsed. Hyundai union spokesman Kwon Oh-il said Wednesday that management refused all demands by the union during three months of annual talks.
A labor group said Samsung Electronics Co. is facing a lawsuit from Brazil's government seeking damages over poor working conditions at the company's assembly lines. Reporter Brasil, a labor rights group, said on its website that Brazil's labor ministry found "serious" labor violations including up to 15 hours of work per day and insufficient breaks at Samsung's Manaus factory.
Jet engine maker Pratt & Whitney has announced it is laying off 400 workers, including 200 in Connecticut. The company said more cuts would be necessary as it grapples with the winding down of military operations in Afghanistan and what it called uncertainty in the commercial jet engine spare parts business.
Sturm, Ruger & Co. said Tuesday that it aims to keep up with demand for its guns by opening a new factory in the small North Carolina community already home to America's largest firearms maker. Southport, Conn.-based Sturm, Ruger says it will open a new factory in Mayodan to meet firearm demand that has spiked since Congress and some states sought to toughen gun controls.
BMW is asking a federal judge to dismiss an employment discrimination complaint filed against it by the U.S. Equal Employment Opportunity Commission. BMW Manufacturing Co. said in its response to a commission lawsuit filed in June that the automaker did not engage in illegal employment practices on the basis of race at its Greer plant.
Three years ago, Saul Flores was studying business and uncertain about his career prospects. That's when he heard about the new Volkswagen apprenticeship program being created at the German automaker's Tennessee plant. Flores was among the first class of a dozen apprentices who graduated Tuesday from the program that mixes technical skills with paid experience working in the assembly plant in Chattanooga.
An October trial has been scheduled in the employee lawsuit against Dempster Industries in Beatrice. A dozen former employees sued Dempster and its president and CEO, Wallace Davis, for lost wages and other earnings that total more than $160,000.
Executives with Micron Technology Inc. are taking steps to cut about 5 percent of the company's workforce in offices, fabrication facilities and research labs in Idaho and across the world. The cuts were announced starting Aug. 7 and come in the wake of Micron's acquisition of Japanese competitor, Elpida.
Despite 15 months of quarter-to-quarter growth in U.S. real gross domestic product (GDP), the unemployment rate remains stubbornly high and well above other economic recoveries of the same maturity. While the official U3 employment measure has begun to show slight improvements, the broader U6 and U7 measures show much less improvement and remain essentially flat.
Since Detroit pleaded bankruptcy, we have been hearing all kinds of things about what killed Detroit. For one thing, high labor rates in Detroit have been touted. Volkswagon is opening a plant in Tennessee. But there are other theories. One is that engineers killed Detroit.
Throughout my manufacturing career, I’ve spent many hours in customer waiting rooms, where I would always read the company mission statement if it were mounted on the wall. I must admit that I have never been comfortable with the idea of mission/vision statements because I always thought them to be statements on what the company would like to do — not what they are really capable of doing.
As the rise in temporary workers continues to affect our industry, it’s important that plant managers have a strategy for managing this new crop of personnel. Many plant-wide initiatives, like a strong safety culture, for example, are grassroots efforts that come from the ground up. They succeed through repetition and camaraderie; through consistent training and knowledge of and respect for the equipment in use.
A company that provides reusable containers for parts at Honda's factory in Alabama says it has plans to build a new manufacturing plant in Pell City. AL.com reported Friday that Trinity Design Group LLC's nearly $1 million facility will initially employ 35 people with plans to increase to more than 70. The company focuses on sustainable packaging and the new facility will cover 32,000 square feet.
It seemed like a win for everyone when a startup car company, backed by political heavyweights, wooed investors with plans to build a massive auto plant in Mississippi. GreenTech Automotive announced in 2009 production would start in three years and foreign investors who plunked down at least $500,000 for the venture would get the opportunity to live in the U.S. while an impoverished area of Mississippi would get jobs and tax revenues.
About 100 employees at the Paducah Gaseous Diffusion Plant have been sent layoff notices as the facility moves toward a shutdown. The United States Enrichment Corp., issued the notices Friday. The latest round of notices are separate from the roughly 160 employees whose jobs will be cut Aug. 16. Workers notified on Friday were told their jobs would end between Oct. 14 and Oct. 25.