An attorney for Fisker's official committee of unsecured creditors told a Delaware bankruptcy judge on Wednesday that Wanxiang may increase its offer even more if the judge approves a competitive auction for Fisker. "They have told us they have considerable room to go," said William Baldiga, the attorney.
Some large manufacturers that use natural gas say the Energy Department is moving too quickly to approve gas exports, pushing the United States into a "danger zone" that could raise prices and harm the economy.
Goodyear Dunlop Tires France — a subsidiary of Goodyear Tire and Rubber Co. of Akron, Ohio — said in a statement the lawsuit was filed Wednesday with the prosecutor in Amiens, France, because it can't accept "actions that endanger people and goods."
Cargill will build its eighth U.S. steel processing center to help meet the increasing demands for steel products in the manufacturing and shale oil industries. The new service center is expected to create up to 25 new jobs over the next three years.
A northern New York manufacturing plant has received a nearly $640 million order to produce another 365 rail cars for the San Francisco area's public transit system. All of the cars will be built at the company's manufacturing plant in the city of Plattsburgh, near the Canadian border.
Mulally ended months of speculation that had already clouded the debut of the new Mustang last month and threatened to overshadow next week's widely expected unveiling of a new F-150, plus the launch of 23 new vehicles this year.
As 2014 gets underway, The Biofuels Digest resists the first-of-year temptation to look back over the challenges and highlights of the year gone by, and instead lists the 10 Top Biofuels Predictions for 2014.
It is easy to look at Shodan as the problem — it provides easy access to the devices connected to the Internet. In reality, however, Shodan simply highlights the security vulnerabilities of many of the devices that comprise the Internet of Things (IoT). The real problem is not that Shodan finds insecure devices, but that so many devices lack real security.
Two Goodyear bosses held captive by workers spent the night inside a factory in northern France that the company wants to close. The plant, which Goodyear has tried to sell or shutter for five years, has become an emblem of France's labor issues.
The owners of a Roswell company mired in legal disputes over its attempts to resume domestic horse slaughter have notified New Mexico Attorney General Gary King they intend to sue his office for slander, harassment, conspiracy, and abuse of process. Valley Meat Co. attorney Blair Dunn Monday sent letters to the state risk management division, giving the required 30-day notice of its planned legal filing.
The AME Manufacturing Excellence Award recognizes North American manufacturing plants that have demonstrated excellence in manufacturing and business operations. The primary focus of the award is to acknowledge continuous improvement, best practices, creativity, and innovation.
Gadgets that you snap, buckle or fasten to your body are already marketed to fitness freaks obsessed with tracking every possible metric their bodies produce. There are countless smartwatches for tech nerds who'd rather glance at their wrists to check messages than reach for their smartphones.
The factory's union says the director and human resources chief were blocked from leaving after an especially difficult meeting Monday with staff; a Goodyear representative, speaking on condition of anonymity because of the tense situation, says the two managers were being held against their will.
Everyone in the manufacturing space has heard about the dramatic talent gap in the industry, where companies cannot find employees with the skills necessary to help run a high-tech operation. Knowledge in automation equipment, or with CNC machines, can be a rare commodity, with most young people moving toward other industries, and manufacturing-centric education faltering or disappearing elsewhere.
Workers at most of Cambodia's more than 500 garment factories are on strike, demanding an increase in the minimum wage to $160 a month, double the current rate. The government has offered $100 a month. The local human rights group LICADHO said in a statement that at least four civilians were shot dead and 21 injured.
Hybrid Technology LLC, owned by Hong Kong billionaire Richard Li, is seeking to buy Fisker's remaining assets in bankruptcy after paying $25 million for DOE's outstanding loan, resulting in a loss to U.S. taxpayers of $139 million, but would then sell the former General Motors plant meant for production.
The H250 M40 combines the major explosion protection types in one device. It can be used in any suitable application that requires intrinsically safe (IS) or non-incendive (NI) wiring strategies, as well as for dust-ignition or explosion proof installations.
Illinois Attorney General Lisa Madigan says the Cook County judge on Tuesday granted a preliminary injunction against Blue Island Phenol in suburban Alsip. It requires the company to investigate the cause of the Dec. 13 explosion and fire that injured two workers and identify corrective measures.
Memphis-based International Paper Co.'s plan to shut its Courtland, Ala., paper mill next year may impact landowners and businesses across Northeast Mississippi. Logging jobs may be lost or moved, and timber owners in some counties may find it difficult to market pulpwood at all.
Many have jobs that provide paltry pensions or none at all, as many companies have been moving toward less generous retirement packages in the past decade. Many boomers expect to work the rest of their lives because they have little cash put away for their old age and they worry Social Security won't cover their bills.
News that ThyssenKrupp planned to sell the $5 billion mill just five years after it opened sent a ripple through the region, which depended on well-paying jobs related to the mill throughout the economic downturn. ThyssenKrupp has said its plan to import steel slabs from its plant in Brazil fell apart because of the recession and increasing production costs in Brazil.
The U.S. Department of Labor authorized former employees of the Williston IBM plant and some other businesses involved in memory design services in that town to participate in a program designed to help workers who have lost their jobs due to foreign competition, state officials said Thursday.
In 33 years at GM, Barra has worked in engineering, communications and human resources. She's gained in-depth knowledge of a company whose complexity contributed to its losing ground to rivals and, four years ago, a trip through bankruptcy court. In each stop, Barra analyzed the situation and simplified things. For instance, she streamlined designs by using the same parts in many different models.
A longtime eastern Illinois chemical plant employee shot his company's CEO during a performance evaluation, before committing suicide when he turned a handgun on himself.
Westmoreland Coal Co. said Tuesday that it has agreed to buy the coal mining operations of Sherritt International Corp. for about $435 million which will help it expand its operations in Western Canada. The Englewood, Colo., company said the deal will double its business and make it the sixth largest coal producer in North America.