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.
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.
A premier lineup of thought leaders in the asset reliability field will share cutting-edge knowledge and decades of experience with attendees, who will walk away armed with next-generation strategies to advance the asset reliability field. To date, speakers representing Kraft Foods, ENSCO Worldwide, URS, GPAllied, and Reliability Solutions agreed to present.
If you are involved in quality and operations decisions for manufacturing or supply-chain management, one of your most important responsibilities is to ensure that the final output of your plant is in compliance with internal and external quality standards.This is not as easy as it sounds.
Just when it looked as if he might be vanquished, Dell CEO Michael Dell has regained the advantage in the lengthy battle to buy the slumping personal computer maker that he founded nearly 30 years ago. He did it by persuading the company's board to accept a slightly better offer that adds a one-time dividend in exchange for a pivotal change in how shareholders will vote on the deal.
Among a select group of adrenaline enthusiasts, Kawasaki is tantamount to sheer fun, speed, and quality. Many think that "toys" like motorcycles sell themselves, but that's true only if they bring everything to the table. Naturally, the company wasn't able to make the kinds of products it does, and with such a large following, without effective management on the plant floor.
President Barack Obama is ordering federal agencies to review safety rules at chemical facilities in response to the deadly April explosion at a Texas fertilizer plant. In an executive order announced Thursday, Obama tasks agencies with identifying new ways to safely store and secure ammonium nitrate, the explosive chemical investigators say caused the blast.
Battery Ventures portfolio company Industrial Safety Technologies (IST) has reached an agreement with Industrial Scientific Corporation for the proposed purchase of its Oldham fixed-point gas detection business. Oldham provides a comprehensive portfolio of fixed system gas detection monitors and controllers and will be the fifth acquisition for IST since its inception in 2011.
Toyota Financial Services (TFS) announced that George Borst, the company’s U.S. leader of 16 years will be retiring effective September 30, 2013, after which he will assume the role of Executive Advisor until the end of calendar year 2014. Appointed to replace Borst is Mike Groff, currently Senior Vice President, Sales, Marketing & Product Development at TFS.
The company that wants to build a $1.2 billion fertilizer plant in either northern Iowa or eastern Illinois has offers of incentives from both states and plans to choose a site in 30 to 60 days. Illinois Gov. Pat Quinn signed economic legislation Thursday that includes incentives to try to convince Cronus Chemical LLC to build in the state.
Mark Hogan, a former General Motors Co. executive tapped to join the Toyota board, sees his appointment as a sign of change at the Japanese automaker and hopes he'll play a role in the company becoming less insular and quicker in decision making.
Dell has delayed Thursday's vote on founder Michael Dell's plan to take the slumping computer maker private in a sign the board needs more time to rally support. Dell called a special shareholders meeting to order, then quickly adjourned it without a formal vote of the $24.4 billion buyout offer from Michael Dell and a group led by investment firm Silver Lake.
Federal safety officials have cited Ford Motor Co.'s Buffalo-area plant for alleged asbestos violations. The Labor Department's Occupational Safety and Health Administration has proposed fines of $41,800. OSHA officials say inspectors found eight violations. One involved a pipefitter who they say was exposed to asbestos while working on a steam line.
Authorities in a southern Chinese city on Saturday scrapped a plan to build a uranium-processing plant, one day after hundreds of local residents protested against it because of safety concerns. The city government of Heshan in Guangdong province said in an online statement that it would halt the 37 billion yuan ($6 billion) project by China National Nuclear Corp.
Mercury Marine has begun a $20 million expansion of two of its Fond du Lac plants, saying there has been greater demand for its outboard engines amid the slow rebound of the boating industry following some tough years. The company has begun constructing the expansions, which will add a total of 38,000 square feet of manufacturing space to the 1.5 million it already has in the city.
Microsoft Corp. is reshuffling its business in an attempt to promote faster innovation and a sharper focus on devices and services. The move by the world's largest software maker comes amid lukewarm response to the latest version of its flagship Windows operating system and a steady decline in demand for PCs as people turn to tablets and other mobile gadgets.
A group of 17 North American retailers and clothing makers has agreed to a five-year safety pact aimed at improving conditions at Bangladesh factories that calls for inspecting all factories that supply their garments within a year. They also agreed to set up basic safety standards within three months and are requiring that the inspection results of the factories be made public.
A group of investors has taken over the remains of Israel's bankrupt electric car venture, pledging to give the project another boost. The electric car company Better Place filed for liquidation in May, less than six years after unveiling a plan promising to revolutionize the auto industry by reducing the world's oil dependency.
A Georgia appeals court has overturned the conviction of a former executive for Glock Inc. who was sentenced to seven years in prison for stealing a pistol and conspiring to steal millions from the gun manufacturer. The Georgia Court of Appeals on Tuesday released an opinion reversing Paul Jannuzzo's convictions, saying the state failed to indict him within the statute of limitations.
Chinese authorities have filed criminal charges against nearly a dozen public officials blamed for the high death toll in a fire last month that killed 121 people in a poultry plant in the northeast. China's top prosecuting agency has charged 11 public officials with dereliction of duty, according to a report Friday in the agency's official publication, Jiancha Daily.
An American executive held hostage for nearly a week by his company's Chinese workers in a pay dispute said Friday from his Florida home that he was held for ransom and paid nearly half a million dollars for his freedom. "One-hundred percent I got held for ransom," Chip Starnes said on NBC's "Today" show, just hours after arriving back home from China.
A pay dispute was resolved Thursday at a medical supply factory, ending a labor standoff in which the Chinese workers detained their American boss for nearly a week inside the plant until they reached agreement on a compensation package.
Sometimes, as a leader, you just have to take one for the team. And that's exactly what Renault-Nissan CEO Carlos Ghosn has done. Ghosn cheered on a weakening of the yen, despite it shaving a couple million dollars off his current paycheck. Maybe that's because he still out-earns some peers.
A divided Supreme Court on Monday decided to make it harder for Americans to sue businesses for retaliation and discrimination, leading a justice to call for Congress to overturn the court's actions. The court's conservatives, in two 5-4 decisions, ruled that a person must be able to hire and fire someone to be considered a supervisor in discrimination lawsuits, making it harder to blame a business for a co-worker's racism or sexism.
General Motors Co. has promoted veteran executive Alan Batey to the new position of global head of the Chevrolet brand, which accounts for more than half of the company's worldwide sales. Batey also will keep much of his current position, staying on as head of U.S. sales, service and marketing for Chevy, Buick and GMC. He had been head of U.S. sales and interim chief marketing officer.