The most distinguishable returns come from better quality and overhead cost reduction. For example, anticipating labor needs allows us sufficient time to right-size and train our contingent workforce to manage peak periods without affecting quality.
The Chicago-based aerospace company said the reorganization will result in fewer research jobs in Washington state and California and is being undertaken to better meet the needs of its commercial airplane, military and space and security units.
Australian Prime Minister Tony Abbott on Thursday urged Toyota Motor Corp. to continue manufacturing cars in the country, a day after General Motors Co. announced it would follow Ford Motor Co. in ceasing production here due to high costs, market fragmentation and fierce competition.
Ford Motor Co. says it will hire more than 11,000 people in the U.S. and Asia next year to support an aggressive rollout of new vehicles. Joe Hinrichs, Ford's president of the Americas, said the company plans to hire 5,000 workers in the U.S. — including 3,300 white-collar staff like engineers — and 6,000 workers in Asia
The Southern California-based maker of Sriracha has been told it can't ship any more of its popular hot sauce to food distributors until next month because the state Department of Public Health is enforcing stricter guidelines that require a 30-day hold on the product.
A labor group monitoring three Chinese factories that make iPhones and other Apple products says once-oppressive working conditions have steadily improved in the last 18 months, but more must be done to reduce the amount of overtime that employees work.
U.S. Senate and House negotiators are planning to provide as much as $90 million to keep the production line running at an Ohio tank manufacturing plant. The money for the Joint Systems Manufacturing Center is included in the defense bill, which could get congressional approval as early as this week.
General Motors Co. said Wednesday it will stop making cars and engines in Australia by the end of 2017, with nearly 2,900 jobs to be lost, because of high production costs and competition.The decision could spell the end of car manufacturing in Australia as the industry will be too small for supporting businesses such as parts makers to remain economic.
Texas-based Bell Helicopter says it is building a helicopter assembly plant in Lafayette to assemble the company's new line of SLS — Short Light Single — helicopters. The project, announced Tuesday by Gov. Bobby Jindal and Bell Helicopter CEO John Garrison, will bring the first modern-era aircraft assembly facility to Lafayette Regional Airport.
Missouri Gov. Jay Nixon plans to sign legislation that would offer up to $1.7 billion in tax breaks to Boeing Co. over more than two decades to entice the aerospace company to bring the production of its 777X jetliner to the state.
A judge gave preliminary approval Tuesday to failed electric-vehicle maker Fisker Automotive's description of its proposed bankruptcy plan, despite expressing concerns that the bankruptcy case was moving too rapidly.
Success as a system integrator depends upon being conversant in current automation topics and using available technology to deliver them to clients.
Sustainability is a hot topic in the food and beverage industry. As manufacturers seek to reduce costs and maintain customer loyalty, implementing sustainable practices can help to achieve these aims while at the same time ensuring that companies are playing a responsible role in their industry and society in general.
Ford Motor Company is piloting new software from Siemens that facilitates virtual navigation within its assembly plants, helping the company improve global collaboration and better share best practices.
General Motors product development chief Mary Barra has been named the company's new CEO, the first female head of a U.S. car company. Barra, 51, will replace Dan Akerson on Jan. 15. Barra currently holds what many say is the most important job in the company — senior vice president for global product development.
A French businessman who sold tens of thousands of breast implants filled with industrial-grade silicone and prone to leaks was convicted of fraud on Tuesday and sentenced to the maximum four years in prison.
Featuring a massive 3.5-inch jaw opening, the Big Kahuna Power Blade makes easy work of cutting large diameter copper and aluminum electrical cables, resulting in clean, installation-ready cuts on high-voltage cables up to 1250 MCM in less than twenty seconds.
Machinist union members who work at jet-engine maker Pratt & Whitney narrowly approved a new three-year contract Sunday, signing off on a deal that includes 2.5 percent pay raises each year and a $2,000 ratification bonus.
The 30-year agreement promises that any changes to Oregon's corporate tax structure won't affect Intel Corp. The chipmaker secured the agreement in exchange for an expansion it announced in October 2012. The company is spending $500 million to expand a semiconductor plant in Hillsboro.
A few patients with one type of leukemia were given this one-time, experimental therapy several years ago and some remain cancer-free today. Now, at least six research groups have treated more than 120 patients with many types of blood and bone marrow cancers, with stunning results.
The startup is housed in a garage-like space in San Francisco's tech-heavy South of Market neighborhood, but it isn't like most of its neighbors that develop software, websites and mobile-phone apps. Its mission is to find plant replacements for eggs.
Popularly referred to as the 'future' of automobile technology, the electric vehicle (EV) industry is not particularly enjoying its present. This despite the fact that in terms of savings per km, EVs have an advantage of 40 per cent over regular cars. The government has made a lot of promises but delivered little, say the players in this segment.
Federal investigators in charge of investigating the deadly fertilizer plant explosion in West, Texas say they still consider the case open, eight months after the blast killed 15 people and sent debris flying miles away.
The annual meeting of American Crystal Sugar Co. on Thursday highlighted the company's 40th year as a farmer-owned cooperative, but there was little cause for celebration among shareholders. Berg said at a press conference before his speech that he doesn't see the end to a price problem he attributes to excessive supplies of Mexican sugar in the U.S. market.
Mississippi should seize an opportunity to compete for energy-thirsty economic development, economist David Dismukes suggested Thursday at the Governor's Energy Summit.A Louisiana State University professor, Dismukes was hired by the Mississippi Energy Institute to look at opportunities that might arise from the U.S. boom in natural gas production.