U.S. businesses ramped up hiring last month in the latest sign that the nation's economy is expanding despite worries about global growth that have sent financial markets tumbling.
There’s a perplexing contradiction that exists in the business-to-business sector. B2B companies want to maximize their margins, improve profit performance and increase shareholder value, but few manufacturers are leveraging the power of pricing to achieve these objectives.
The company said it will shut down a plant in Lorain, Ohio, in March and lay off 614 workers. It said the move is temporary. U.S. Steel will also lay off 142 employees who work at a plant in Houston.
Hyundai Motor Group, the world's fifth-largest automaker, said Tuesday it plans to spend 81 trillion won ($73.7 billion) over the next four years on factories, research and a new headquarters.
State regulators are taking testimony on a plan that calls for shutting down part of an aging coal-fired power plant in New Mexico that provides electricity to more than 2 million people in the Southwest.
Gridlock in Washington in recent years has stalled tax bills and other legislation aimed at helping small companies, but such proposals are expected to be on the agenda in the Republican-led Congress.
Two cities near Kansas City are considering making more use of solar energy, a trend that energy industry experts say is growing in the Midwest as costs to install facilities decline.
The Associated Press recently reported on the dangers of noncompetition agreements for workers. The article mainly focused on minimum wage employees working outside of the manufacturing sector, however, this is an issue that translates across industries.
The company's record pressing plant has started work on a series of projects and once the plant reaches full capacity, it will have nine presses, able to make 7-inch and 12-inch records and producing 5,000 to 7,000 records per day.
"The CO2 emission goals set for Mississippi by EPA are unreasonable, unachievable and unfair," said Michael Callahan, CEO of Electric Power Associations of Mississippi.
The manager of a Taft Hill asphalt plant that some people want relocated says the plant is safe and it would be difficult to move it to a location that wouldn't affect anyone.
The state is offering $14.5 million in incentives for power plants to become cleaner and more efficient.
The North American group marketing director for Dow, Nestor De Mattos has an inside look at the big issues food packaging manufacturers are facing and how they’re problem-solving their way through today’s market. Here, he takes stock of what changes are on the horizon and how manufacturers can try new trends on for size.
Despite some of the DOE program's highly publicized failures, the department now projects a profit of between $5 billion and $6 billion over the next 20 to 25 years.
The Missouri Department of Natural Resources is planning to install air monitors near two power plants that officials say are the largest sources of sulfur dioxide emissions in the state.
The state's largest utility needs to come up with more power before the end of 2016, and then find even more by the end of 2019 to meet the demands of Louisiana's ongoing industrial boom.
A new deposit policy for industrial and commercial users served by the Tombigbee Electric Power Association has caught many of them off-guard, as businesses will now face paying deposits several times over what they had paid in the past.
Editorial Director Jeff Reinke discussed the outlook for manufacturers in 2015 with Matthew B. Elliott, Michigan State President, Global Commercial Banking, Bank of America Merrill Lynch. They talked about upcoming trends, the skilled labor shortage, and domestic expansion.
Two fire chiefs and two poultry farm bosses have been convicted and sentenced to prison terms of up to nine years in relation to a fire at a plant in northeastern China last year that killed 121 people and injured 76 others.
Japanese prosecutors are expected not to indict three former executives of Tokyo Electric Power Co. on charges of professional negligence resulting in deaths and injuries over the 2011 Fukushima Daiichi nuclear disaster, sources familiar with the matter said.
Reshoring operations back to the United States has recently emerged as an important trend in manufacturing. However, there are some significant challenges facing companies that have moved back or are planning to move back, challenges that present clear opportunities for cloud-based ERP software to provide solutions.
The number of Americans applying for unemployment benefits has reached its lowest level in seven weeks, a sign that the U.S. economy and job market are steadily improving.
Takata Corp., the Japanese maker of air bags at the center of massive recalls in the U.S. and elsewhere, said Wednesday that it was reshuffling its top executives, who plan to take pay cuts in response to the crisis.
Watch Volvos being produced in Sweden, Belgium and China plants.
After years in the making, Five Pawns pulls back the curtain and reveals their state of the art production facility.