German industrial conglomerate Siemens AG's light bulb unit, Osram, says it is cutting 4,700 additional jobs in its drive to save costs and phase out older technologies. Company spokesman Stefan Schmidt told The Associated Press on Friday the cuts come on top of others previously announced, for a total of at least 7,300 reductions through 2014.
Two firearms companies owned by a German group said Thursday they would spend $7 million on manufacturing plants at a former military installation near Fort Smith and create from 70 to 120 jobs in the next five years. Umarex USA already has offices at the Chaffee Crossing center and will share a campus with Walther Arms on the east side of town, where the U.S. Army formerly operated Fort Chaffee.
Samsung Electronics Co. says its audit of Chinese suppliers found illegal labor practices such as excessive overtime. Samsung said Monday it found instances of Chinese employees working overtime beyond legal hours and being fined for absence or tardiness. Samsung conducted a four week audit of 105 suppliers in China after allegations it was ignoring illegal labor practices.
The tasty cream-filled golden spongecakes known as Twinkies won't die that easily after all. Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the company won't go out of business just yet. The news came Monday after Hostess moved to liquidate and sell off its assets in bankruptcy court citing a crippling strike last week.
I’m beginning to think that a key to more American jobs could be a closer connection between European and American businesses — if we can only understand what it is that makes our nation an attractive place to do business. To get a little context, let me share my recent experiences, and examine the lessons that might be learned from them.
Pratt & Whitney is expanding its aircraft engine plant in West Palm Beach with help from Florida taxpayers. The $63 million project is expected to result in 230 new jobs. The company currently employs about 1,000 people in Florida. The state and Palm Beach County contributed $4.4 million in incentives toward the expansion project.
The skills gap in U.S. manufacturing today is more limited than many people believe and is unlikely to prevent a projected resurgence in U.S. manufacturing by the end of this decade. But more severe shortages could develop, threatening to constrain that revival, unless aggressive steps are taken now, according to new research by The Boston Consulting Group (BCG).
Chrysler plans to add up to 1,250 jobs at three Detroit-area factories as it prepares for a rise in pickup sales. The company said Thursday that it will invest $238 million at engine plants in Detroit and suburban Trenton, Mich., and add a third shift at a pickup truck factory in nearby Warren, Mich.
Aircraft engine maker Rolls-Royce is planning to build a new Virginia facility to produce turbine blades for its engines. The company said Wednesday that it is investing $136 million to develop the advanced airfoil machining facility in Prince George County, creating 140 jobs.
Smithfield Foods Inc. said it will begin its previously announced shutdown of a Virginia facility that makes hot dogs and deli meat. The first layoffs at the Smithfield Packing Co. facility will involve about 120 workers, with more than 400 workers affected by the time plant is closed, said Jeff Gough, Smithfield's senior vice president for human resources.
The fate of a tax credit that advocates say is needed to maintain tens of thousands of wind energy jobs will be decided during high-stakes, last-minute negotiations between President Obama and House Republicans over fiscal issues, officials said Tuesday.
A machine company has announced plans for an expansion of its Savannah facility that is expected to add up to 200 jobs. The Savannah Morning News reports (http://bit.ly/ZEUp0M) that K Machine Industrial Services LLC announced the expansion Tuesday, at a meeting of the Savannah Economic Development Authority.
Hostess Brands Inc. is permanently closing three bakeries following a nationwide strike by its bakers union. The maker of Twinkies, Ding Dongs and Wonder Bread said Monday that the strike has prevented it from producing and delivering products, and it is closing bakeries in Seattle, St. Louis and Cincinnati. The facilities employ 627 workers.
About a dozen workers began picketing at a Hostess Brands plant in Sacramento honoring a bakers' union strike at the bankrupt company's plants across the country. The picket line formed on Sunday, two days after the walkout began when the maker of Twinkies, Wonder Bread and Ding Dongs imposed a contract that would cut wages by 8 percent.
Members of the International Association of Machinists and Aerospace Workers approved a five-year contract with Bombardier Learjet on Saturday, putting an end to the month-long walkout. The workers could return to the Wichita plant as soon as Monday.
I believe that creativity can’t happen without changing from a rigid organization that depends on control, rules, and a formal structure to a flexible and less formalized organization where employees are encouraged to take risks, experiment, and question the status quo without reprisal.
About 620 workers will lose their jobs when a North Carolina factory that makes electrical connectors for household appliances shuts down in 2013. It is one of the state's largest announced layoffs this year. A spokesman for Swiss electronics maker TE Connectivity said Thursday the company will shut a Greensboro factory beginning in January.
Energizer plans to cut roughly 10 percent of its workforce as part of a cost-cutting overhaul. The St. Louis-based company said Thursday that it expects to shed about 1,500 employees. When finished, the restructuring should lead to $200 million in pretax yearly savings, Energizer said. It aims to have most of its restructuring steps finished by the end of September 2014.
Josh Kerst, vice president of Humantech, debunks common myths about the older workers in the industry, and offers key changes that manufacturers can make to embrace a safe and productive older workforce. “The workforce is getting more chronologically gifted,” says Josh Kerst, vice president of Humantech, an ergonomics and workplace improvement company.
As automation technology has developed over the years, workers have been forced to adapt and refine the necessary skills to utilize and maintain various systems. According to Bernie Anger, General Manager Control and Communication System for GE Intelligent Platforms, there is a shortage of individuals with the expertise necessary to accomplish these tasks and usher in the future of automation.
Wichita-based airplane maker Hawker Beechcraft says it's closing facilities in three states and laying off more workers in Kansas. The company said Wednesday that 240 employees will lose their jobs with the closing of Hawker Beechcraft Services facilities in Little Rock, Ark.; Mesa, Ariz.; and San Antonio, Texas.
Caterpillar Inc. says it will continue to idle factories and cut production into next year due to a slowdown in demand for its mining and construction equipment. Mike DeWalt is director of investor relations for Peoria-based Caterpillar. Crain's Chicago Business says DeWalt said that Caterpillar has been hard hit by a slowdown in mining.
Vestas Wind Systems A/S, the world's largest maker of wind turbines, plans to cut 3,000 more jobs. Its announcement Wednesday came alongside figures Wednesday showing that its third-quarter loss almost trebled to €175 million ($224 million) amid stiff competition and a market slowdown.
Indiana's oldest ethanol plant has shut down indefinitely. New Energy Corp. President Russ Abarr tells the South Bend Tribune (http://bit.ly/RNOBg7) the plant shut down last week, idling 40 employees. Abarr says an undetermined number of workers will stay on the job as the plant that opened in 1984 prepares to remain idle for at least several months.
Indiana's manufacturing industry has seen its recovery stall, and experts predict things will get worse as many of the state's largest companies feel the effects the European financial crisis and slowing growth in China. The U.S. Bureau of Labor Statistics reports the state lost an estimated 1,400 manufacturing jobs in September.