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.
Americans who have a job may take comfort in knowing that companies are laying off fewer people than at any time since before the Great Recession. The government said Thursday that weekly applications for U.S. unemployment benefits have averaged 335,500 over the past month. That's the lowest level since November 2007, which was one month before the recession began.
Remington Arms Company broke ground Thursday on an expansion to its ammunition plant in Arkansas, adding between 50 and 100 jobs in a project that the company says will help meet a growing demand by gun owners around the country. Officials with the North Carolina-based firm said they expected to complete work by June 2014 on the 35,000-square-foot building adjacent to its existing plant in Lonoke.
The U.S. Department of Labor is fining a petroleum refinery in Great Falls for unsafe working conditions. The agency's Occupational Safety and Health Administration said Thursday it is proposing a $77,000 fine for Calumet Montana Refining.
Nissan expanded its United States manufacturing footprint last week with Mississippi Governor Phil Bryant joining Nissan employees to break ground on a new supplier park at the company's Canton, Miss. vehicle assembly plant.
Chrysler is investing $52 million at two Michigan plants to build more four-cylinder engines in anticipation of increased demand. The money is going into factories in Trenton and Dundee, Mich., south of Detroit. Almost 300 new jobs will be created at the Trenton North factory.
Honda says it will spend $215 million to expand an engine plant and build two training centers in Ohio. The investment will add about 60 jobs in the state, although 50 of them will come from other Honda operations in North America.
Google Chairman Eric Schmidt and Motorola Mobility CEO Dennis Woodside talk about why they decided to assemble the Moto X smartphone in Texas. The Moto X will be assembled at a plant in Texas, which employs about 2,000 workers.
General Electric Co. is permanently scrapping plans to build the largest solar factory in the U.S. near Denver. GE blamed the cancellation on a glut of solar panels on the market and falling prices, The Denver Post reported Tuesday. GE put the project on hold last month.
General Motors plans to spend another $167 million at its Tennessee factory so it can build two new midsize vehicles. The investment disclosed Tuesday is on top of a previously announced $183 million investment. The spending is expected to create or keep 1,800 jobs, but GM wouldn't say how many new people would be hired.
U.S. employers in June advertised the most jobs in five years but hired fewer workers, a mixed sign for the recovering job market. The Labor Department said Tuesday that job openings rose 29,000 in June from May to 3.94 million. That's the most since May 2008.
A groundbreaking ceremony Monday in Waggaman marked the start of an ammonia plant for explosives maker Dyno Nobel International. Gov. Bobby Jindal's office said Dyno Nobel plans to begin ammonia production in mid-to-late 2016, with Cornerstone Chemical Company completing six years of maintenance and infrastructure work that will help support the ammonia plant.
The Manufacturing Skill Standards Council's (MSSC) industry-recognized, nationally portable certifications are creating real opportunities for veterans to get the skills they need to access in-demand advanced manufacturing jobs.MSSC is a participant in The Get Skills to Work Coalition launched in late 2012 under the leadership of GE, Alcoa, Lockheed Martin, and Boeing.
“It’s a great way to start the second half of 2013,” says Bradley J. Holcomb, CPSM, CPSD, chair of the ISM Business Survey Committee. “I think it’s a very positive and well-balanced report in terms of all of the underlying metrics. Things are pointing in a very favorable direction right now.”
Hardface Technologies, a business unit of Postle Industries, has just announced the addition of several new employees to its sales force. Russ Speese recently joined the company in the position of Vice President, Sales and Marketing. Mr. Speese, a graduate of Ferris State University with over 30 years of experience in the welding industry, will head the company’s sales and marketing efforts in North America.
The 162,000 jobs the economy added in July were a disappointment. The quality of the jobs was even worse. A disproportionate number of the added jobs were part-time or low-paying — or both. Part-time work accounted for more than 65 percent of the positions employers added in July. Low-paying retailers, restaurants and bars supplied more than half July's job gain.
With union membership on the decline, labor leaders are getting more creative — and some say more desperate — to boost sagging numbers and rebuild their waning clout. Labor leaders say unions must create new models and new ways to represent workers to reverse a steady slide in the union ranks.
Robust hiring in July would mark a fourth straight month of solid gains, an encouraging sign for a U.S. economy that is still struggling with high unemployment. Economists predict that employers added 183,000 jobs — a figure that would show that businesses are growing more confident despite weak economic growth.