Ford Motor Co., eager to grab a piece of China's growing luxury market, plans to start selling its Lincoln luxury brand here in 2014. It will be the first time that the nearly 100-year-old brand will be sold in China. At an event at a converted 600-year-old temple in Beijing, CEO Alan Mulally and other Ford executives said they believe Chinese customers will appreciate Lincoln's heritage as well as its new lineup of vehicles.
Suzuki Motor Corp. Chairman Osamu Suzuki met Sunday in New Delhi with the chief minister of India's northern state of Haryana where a Suzuki car plant was wracked by violence last month following a labor dispute. Suzuki and Chief Minister Bhupinder Singh Hooda are believed to have discussed future operations in Haryana by Maruti Suzuki India Ltd.
Ford is building a sixth plant in China as part of an effort to increase its sales in the world's largest auto market. Ford CEO Alan Mulally attended a groundbreaking ceremony Monday for the new $600M assembly plant in the city of Chongqing. It will have the capacity to make 250,000 vehicles per year when it's finished in late 2014.
A bankruptcy judge nixed on Friday a proposal to give eight top Hawker Beechcraft executives up to $5.3 million in bonuses, ruling the plan merely rewarded them for staying at their jobs. U.S. Bankruptcy Judge Stuart Bernstein ruled that the bonus plan sought by the Kansas plane maker set the bar too low to qualify as anything other than a retention program for insiders.
Suzuki Motors Corp. Chairman Osamu Suzuki said Friday the Japanese carmaker plans to set up a skill development institute in western India to help train Indian workers and improve their professional skills. Suzuki unveiled the plan in a meeting in Ahmedabad with Narendra Modi, the chief minister of the western Indian state of Gujarat.
A Syracuse-area manufacturing company that has been in business for nearly 125 years has shut down production. WSYR-TV in Syracuse reports that the last auto parts assembly lines at New Process Gear in suburban DeWitt shut down Thursday. The plant will be completely closed by the end of the year.
Energy and aerospace company Woodward Inc. plans to build a new $200 million northern Illinois manufacturing campus, state and company officials announced Thursday. The Rockford area campus will feature a 300,000-square-foot production plant and office center on 60 acres and is estimated to create some 660 jobs over the next five years.
Chemical maker Rockwood Holdings is buying Talison Lithium for $732 million in order to strengthen its lithium business. "This acquisition will enable us to better serve both our existing global customers as well as Talison's current lithium concentrate customers in China and the rest of the world," Rockwood Chairman and CEO Seifi Ghasemi said in a statement on Thursday.
Seagate Technology has reached a tentative deal to buy the former headquarters of solar company Solyndra. The Oakland Tribune reports the Cupertino-based maker of disc drives has entered into an agreement to purchase the massive building in Fremont, which has been empty since Solyndra filed for bankruptcy protection in September 2011.
It’s no secret that advancements in ERP technology and ever-evolving market trends are leading some manufacturers to review the overall effectiveness of the systems they employ today. The age of the system, flexibility of the technology, and the system’s ability to integrate with other critical business systems are all key considerations.
General Motors Co.'s Opel unit says employees at two of its German plants will work reduced hours over the next few months as the company struggles with a sagging European car market. Opel said Thursday it agreed with its employee council and the IG Metall industrial union that workers at the Ruesselsheim plant and the Kaiserslautern components factory will work reduced hours on 20 days through the end of the year.
General Motors will build its next-generation Chevrolet Cruze compact car at its plant in Lordstown, Ohio, near Youngstown, according to a person briefed on the matter. GM will make the announcement on Thursday, said the person, who did not want to be identified because the formal announcement hasn't been made.
Sen. Mark Udall is renewing his call to extend a wind-energy tax break following news of more layoffs at Vestas. Vestas, the world's biggest maker of wind turbines, said Wednesday that it's cutting 7 percent of its overall workforce in its second round of lay-offs this year.
Sturm, Ruger & Co. Inc. said late Monday that it has made its one millionth gun this month, putting it on track to produce a record number this year. The Southport, Conn.-based company said it reached the milestone on last Wednesday. It expects to beat its own record of 1,114,700 firearms produced in one year, set in 2011.
A factory owned by India's largest carmaker, Maruti Suzuki, reopened Tuesday, more than a month after a riot by workers killed a company manager and injured dozens. Around 500 police and security personnel stood guard as workers lined up to enter Maruti's plant in Manesar, a southwestern suburb of New Delhi.
Samsung Electronics co. will spend $4 billion renovating its plant in the U.S. to increase production of advanced chips used in smartphones and tablet computers. Samsung's Tuesday announcement is its latest push into the lucrative logic chip business.
An aluminum company embroiled in a dispute over its electricity costs said Monday it has given notice to terminate its power contract, a move signaling that the future of its large western Kentucky smelter is in deep jeopardy. Century Aluminum Co. said it gave a 12-month notice to end the contract with Big Rivers Electric Corp. for its Hawesville smelter, which employs about 700 people.
Honda's new Accord sedan to be unveiled Monday at a central Ohio plant has led to more than $220 million in investments and more jobs in two of its other Ohio plants, with companies that supply Honda with products and services also getting a boost.
Mister Bee, established in 1951, shut down in November and filed for bankruptcy protection. James Richard "Rick" Barton and Randall Holden bought the company's assets earlier this year. Barton and Holden are veterans of manufacturing. They are among the founding partners of Wincore, a Parkersburg-based manufacturer of windows and doors.
Since 1973, companies have turned to Hartland, WI-based Dorner Manufacturing for improved efficiency and productivity when it comes to the design, manufacture, and distribution of conveyance systems. Dorner recently developed a precise product movement solution, Precision Move, for its 2200 and 3200 series belt conveyors, which are used in manufacturing and packaging processes in many industrial applications.
A friend and colleague asked me a difficult question recently. He queried, “What do you think the future of Six Sigma and Design for Six Sigma (DFSS) will be? Will it continue, or is it a dying idea?” I did my best to offer my personal perspective while caught a little unprepared for such a thought.
The last Jeep Liberty model has rolled off an Ohio assembly line. WTOL-TV reports that the Toledo Chrysler assembly plant finished building the 11-year-old small SUV on Thursday. That part of the plant will be retooled to build another Jeep product.
Nine people have sued Chevron Corp. over a California refinery fire that sent thousands to hospitals with respiratory issues and contributed to higher gasoline prices on the West Coast. The lawsuit filed Wednesday in Contra Costa County Superior Court claims Chevron was grossly negligent in its handling of refinery maintenance as well as emergency response to the blaze in Richmond.
Top Indian carmaker Maruti Suzuki said Thursday it would reopen a factory with tightened security including a force of 100 police after a riot by workers last month killed one person and injured dozens of others. The company would restart production at the Manesar plant outside New Delhi from Aug. 21 in phases, after beefing up security, Maruti chairman R. C. Bhargava said.
Clearon Corp. is suspending production at its South Charleston plant and laying off 45 to 50 workers. Plant manager Scott Johnson tells media outlets that production will be temporarily shut down in mid-September and last two to two-and-half months. The South Charleston plant produces bleach that's used in industrial, laundry and sanitizer products and to clean water in swimming pools.