The HELLA Group, one of the world's leading automotive suppliers, has officially opened its fifth production plant in Mexico - a $90 million facility built in just eleven months in Irapuato in the State of Guanajuato. The new industrial complex will generate approximately 1,500 new jobs over the medium term.
At the end of December 2013, Volvo Construction Equipment’s site in Braås, Sweden, completed its journey towards becoming carbon dioxide neutral. It is the first construction equipment production facility in the world to be powered entirely by renewable energy.
Hedge fund Third Point LLC says it has acquired a stake in Dow Chemical and wants the company to spin off its petrochemicals division. Dow Chemical Co. shares jumped $2.25, or 5.2 percent, to $45.32 in morning trading after rising as high as $46.70 earlier. Third Point says Dow is now its biggest investment.
Tomblin, the Democratic governor, urged passage of a chemical storage regulatory program. The bill aims to address shortcomings that allowed 7,500 gallons of coal-cleaning chemicals to seep into the Elk River on Jan. 9. Freedom Industries, which owned the plant that leaked the chemicals, filed for Chapter 11 bankruptcy Friday.
After a blast caused much of an Omaha manufacturing plant to collapse, some workers found themselves buried in debris and others scrambled for their lives. Two of the 38 workers who were at the International Nutrition plant on Monday morning died and 10 were hospitalized with significant injuries, authorities said.
Food safety. Quality standards. Yield management. Waste control. Cost containment. The list goes on. With so many competing requirements, manufacturers’ need for more timely and accurate process data is accelerating both the interest and demand for Manufacturing Information Systems.
The innovative Pail Partner lifter/transporter from Lift’n Buddy makes back strain from lifting and transporting heavy 5-gallon pails a thing of the past, says the company. The Pail Partner’s special yoke securely holds a plastic or metal pail just below its rigid collar.
The 60 workers who lost their jobs at the Tyson plant in northwest Iowa's Cherokee could return if business were to pick up and more production were needed. After Friday's layoff, the plant still employs about 500 people. The plant produces deli meats.
The sale of Beechcraft to Cessna Aircraft's parent company, Textron, is expected to close in the first half of this year, pending government approvals.
The resumption of commercial horse slaughter in the U.S. was blocked Friday as President Barack Obama signed a budget measure that withholds money for required federal inspections of the slaughtering process.
A Chinese court on Monday sentenced a former food plant worker to life in prison for poisoning frozen dumplings that sickened 10 people in Japan in 2008 and strained relations with Tokyo just months before the Beijing Olympics.
The company blamed for a chemical spill that left 300,000 West Virginians without safe drinking water filed for bankruptcy Friday, temporarily shielding it from dozens of lawsuits, many by businesses that were forced to shut down for days.
Boeing Co., Etihad Airways, the oil company Total, and others say they will work together on a program to develop an aviation biofuel industry in the United Arab Emirates. Boeing says the program will involve research and development and investments in production of fuels derived from plants that can power aircraft.
General Motors Co. says new CEO Mary Barra will get a base salary of $1.6 million per year as she takes over the global automaker. GM said in a filing on Friday that Barra will also be eligible for $2.8 million in short-term incentives. Her pay would climb further if GM shareholders approve a new long-term incentive plan at their next annual meeting.
The modern energy marketplace is changing. Annual non-renewable energy expenditures for the industrial sector have been projected to grow from approximately $206 billion in 2010 to $584 billion in 2040. Thus manufacturers find themselves with increased bargaining power that can lead to larger savings.
An in-depth post-mortem can actually increase confidence in a business and encourage more trust. Everyone and every business makes mistakes, and often, what separates a successful one from a failed one is the way in which they respond to the unexpected. Proving that your company can do just that should be a matter of pride, not shame.
The Energy Department issued its 25-page approval of the $1.65 billion plan that would refit a coal-fired power plant in Meredosia in western Illinois. The project would remove carbon dioxide from the coal and store it underground. The greenhouse gas is linked to climate change.
The move is part of efforts by the Japanese electronics manufacturer to accelerate outsourcing of its slumping semiconductor manufacturing operation. Last month, the company said it will sell off three of its semiconductor plants in central Japan to an Israeli chipmaker.
Congress sent President Barack Obama a $1.1 trillion government-wide spending bill Thursday, easing the harshest effects of last year's automatic budget cuts after tea party critics chastened by October's partial shutdown mounted only a faint protest.
The head of the Environmental Protection Agency is denying Republican claims that the agency delayed formal publication of rules intended to limit carbon pollution from new power plants for political reasons. EPA Administrator Gina McCarthy said the agency submitted the rules for publication last fall and "tried very hard" to get them published in the Federal Register.
A federal judge in Akron ruled late Wednesday against workers who had sued to block the shutdown of their plant in Amiens. The judge said the class-action lawsuit failed to prove contract violations or interference by the parent company in its French operations.
Ford said it is welcoming nearly 1,000 new employees at its Kansas City Assembly Plant to prepare for the launch of the all-new Ford Transit that goes on sale in the U.S. this summer. The plant is home of the 2014 F-150 and will begin producing the all-new 2015 F-150 in the first quarter of 2015.
Under the new Hyundai CEO Dave Zuchowski's predecessor, John Krafcik, Hyundai posted huge sales gains and captured 5.1 percent of the U.S. market in 2011. Then the company's factories couldn't keep up with demand and sales slowed.
The No. 1 U.S. automaker joined others in forecasting slower growth in the red-hot U.S. market. Still, GM and industry analysts expect sales to reach or exceed 16 million for the first time since 2007. GM said it plans to use profits from the U.S. and China — now its largest market — to boost weaker parts of its business.
The effort to clean up soil and groundwater contamination at the nation's only plant for assembling and disassembling nuclear weapons has been effective so far and will continue for years, according to the first five-year review of the site.