The past week's chemical-plant protests reached an unruly crescendo over the weekend, when thousands of people marched through prosperous Ningbo city, clashing with police at times. The city government gave in Sunday and agreed to halt the plant's expansion. Even so, the protesters did not back down, staying outside city government offices hours after the concession.
Japan's Isuzu Motors Ltd. on Monday opened a new plant in eastern Thailand to meet increasing demand for its pickup trucks locally and abroad. The new $211 million plant is located in the Gateway Industrial Estate in Chachoengsao, 160 kilometers east of Bangkok, and is the automaker's second after its Samrong plant in Samut Prakan outside the capital.
Electrical equipment that has been submerged or comes into contact with water must be replaced, though there are exceptions to this rule for larger equipment, which may be able to be reconditioned. Equipment should be inspected carefully by a qualified person to determine whether moisture has entered the enclosure. If any signs of moisture or damage exist, the equipment should be replaced or repaired.
Fresh out of college with a manufacturing engineering degree, Duncan believed that he could revolutionize the furniture industry by eschewing old-line manufacturing processes and focusing on Lean and burgeoning technology. He incorporated American Leather in 1990 with a simple-but-bold premise: He would make custom leather furniture and get it out the door in less than 30 days.
Boeing is encouraging its suppliers to attend a workshop next month to learn how to outsource business to Mexico. The Seattle Times reports that Patrick McKenna, director of Supply Chain Strategy and Supplier Management at Boeing Commercial Airplanes, has urged suppliers to attend a Nov. 15 workshop in Chicago to learn how to do business in Mexico.
Once every 85 seconds, or about 600 times a day, a newly assembled Toyota Corolla pulls away from the end of the assembly line in Union County. That's the best proof, Toyota officials say, that they're achieving their goals at the north Mississippi plant, which marks its first anniversary this week.
Steelmaker Gerdau is unveiling new machinery at a Michigan steel facility as part of the company's ongoing expansion. The company on Wednesday is marking the completion of construction of a continuous caster at its North American special steel facility in Monroe, about 35 miles southwest of Detroit.
Ford will close a car plant in Belgium — one of its main European factories — by the end of 2014, a move that will result in 4,500 direct job losses and 5,000 more among subcontractors. Half a century after construction on the Genk plant started, Ford told a management council there that production was winding down since slumping European sales has forced a restructuring of its plants.
German automaker Volkswagen AG is considering the introduction of a new midsize SUV for the North American market, and its existing Tennessee plant is a contender for building it. VW CEO Martin Winterkorn told reporters in New York on Tuesday that a decision on whether to build the new model will be made soon, but probably not before the end of the year.
The Dow Chemical Co. will eliminate about 2,400 jobs and close roughly 20 manufacturing facilities as part of a restructuring plan aimed at coping with slowing economic growth in Europe and elsewhere. The manufacturing giant said Tuesday that the job cuts amount to 5 percent of the company's workforce worldwide.
General Motors is saying more about the kind of cars it will build as part of its alliance with France's PSA Peugeot Citroen. The companies said they'll develop a joint program that will make a small van for GM's Opel and Vauxhall brands and serve as the basis for a compact crossover vehicle for Peugeot.
Ally Financial Inc., the former finance arm of General Motors that was bailed out by the U.S. government, is selling its Canadian auto finance unit to Royal Bank of Canada for $4.1 billion. The deal, expected to close early next year, is part of Ally's plan to accelerate repayment of the $17.2 billion bailout, but it was unclear Tuesday exactly when the government would get more money.
Operating in a “niche within a niche” is how the managing director of a tool maker and manufacturer of precision scientific instruments – some of which are currently operating in space, one-and-a-half-million kilometres away from Earth – describes his company.
General Motors plans to idle Corvette production in Kentucky for six months to prepare for the next generation of the iconic sports car. The automaker laid out its schedule Thursday for revamping its assembly plant in Bowling Green for the all-new 2014 model. Production will halt sometime in February to make way for retooling, renovating the body shop and retraining employees, GM spokesman Monte Doran said.
Talks to sell Hawker Beechcraft's operations to China's Superior Aviation Beijing Co. have collapsed and the Wichita plane maker said Thursday that it now plans to emerge from bankruptcy protection as a slimmed down company in the first quarter of 2013.
Satcon Technology Corp. on Wednesday filed for Chapter 11 bankruptcy protection following years of financial struggles and a severe downturn in the solar power industry. Steve Rhoades, Satcon's president and CEO, said that after considering its alternatives, the company's board decided that the Chapter 11 filings were a "necessary and prudent step" that would allow the company to continue to operate while it reorganizes.
Dennen Steel Corp. has opened its new manufacturing facility in the northeastern corner of Mississippi. Gov. Phil Bryant was among those attending a ceremony Tuesday at the 50,000-square-foot plant at Yellow Creek Port in Iuka. Workers will turn slit steel coils into precision stampings, fabricated metal parts and assemblies.
Hillenbrand Inc. on Tuesday said it will acquire Germany's Coperion Capital GmbH for 232 euros, or about $300 million, expanding Hillenbrand's industrial products operations as the company diversifies beyond its traditional business making burial caskets.
The U.S. operations of electric car battery maker A123 Systems filed for bankruptcy protection and its automotive assets are being acquired by Johnson Controls for $125 million. The announcement Tuesday comes one day after A123 warned in a regulatory filing that it likely would miss some debt payments and could be headed for bankruptcy court.
International auto parts company Gestamp has cut the ribbon for its new plant in South Charleston. A dedication and ribbon-cutting ceremony was held at the plant Monday. The plant is located at the former South Charleston Stamping and Manufacturing Plant. Gestamp is an international company based in Spain.
U.S. farm and industrial vehicle group CNH has rejected a merger proposal from its parent, Fiat Industrial, the Italian company said in a statement Monday. Fiat Industrial, which already owns 88 percent of CNH, said in a statement that it has asked to meet with the U.S. group's advisers to see if they can reach agreement on revised terms "within the next several weeks" to salvage the deal.
A Wichita delegation plans to meet with the potential buyer of Hawker Beechcraft during a five-city business development trip to China. Mayor Carl Brewer wants to ask Superior Aviation Beijing whether the work and employees will remain in Wichita, should the deal go through.
Earlier today, Danaher Corporation and Cooper Industries announced the sale of their joint venture, Apex Tool Group, to Bain Capital for approximately $1.6 billion subject to post-closing adjustments. Currently, Danaher and Cooper each maintain a 50 percent joint venture ownership interest in Apex.
Century Aluminum Co. on Tuesday rejected a proposal meant to aid the restart of its West Virginia smelter. The California-based metals producer announced that the electricity rate offer from the state Public Service Commission falls short.
A deal to create a European defense and aerospace giant to rival Boeing Co. collapsed Wednesday when Britain's BAE Systems and EADS NV called off their merger discussions. The companies said they had "decided to terminate their discussions" over the proposed $45 billion tie-up because of conflicting interests between the British, French and German governments.