AbbVie is walking away from its proposed $55 billion takeover bid of Shire and has agreed to pay the rival drugmaker a $1.64 billion breakup fee.
Authorities have raided over 1,900 Chinese factories in the past 6 1/2 years, closing 909 for safety and labor violations. Sanctioned factories rarely bother to fix those problems, preferring to reopen under a new name.
IBM Director of Research John E. Kelly III said in an interview Monday that handing over control of the semiconductor operations will allow it to grow faster, while IBM continues to invest in and expand its chip research.
General Electric Co. posted strong third quarter results, issued an upbeat forecast for the fourth quarter and said U.S. industrial activity is at its highest level since the financial crisis.
General Motors' chief lawyer Michael Millikin, who withstood withering criticism from lawmakers for his department's handling of an ignition switch recall, is retiring early next year.
Growth in the U.S. and efficiency gains in Europe helped Swedish home-appliance maker Electrolux post a 42 percent jump in third-quarter profits.
Small or mid-sized businesses will benefit most from an ERP system if it can be customized as much as possible and the company can take advantage of the most cutting-edge ERP technology available.
Few IPOs were hotter than the offering for 3D printer maker Voxeljet — which went public a year ago this week to a 122 percent rise. The company said it would use those IPO proceeds to expand its business in the U.S., but the company isn't telling investors just how slowly that U.S. expansion is going.
Taking advantage of government programs that aid in cost reduction and competitiveness within the industry is critical for the success of each individual business and for the U.S. economy.
A measure of factory activity in the Philadelphia region slipped last month, but remained at a healthy level, evidence that U.S. manufacturing output is holding up despite signs of a global slowdown.
The triple bottom line is a term that was coined in the 90’s. In a nutshell, there are three accounts to the triple bottom line (TBL) — People, Planet and Profit. The conventional wisdom is that a combination of these three components leads to a successful company that retains employees, partners and clients.
How do the youngest crop of workers – who continue to enter the industry as we speak – best learn from their more seasoned counterparts? How do these two groups use the same tools to drive results when one grew up with the internet and the other has spent 30 years keeping measurements in a notebook in their back pocket?
Alcoa and Noble Group Ltd announced the signing of a definitive agreement that will result in Alcoa World Alumina and Chemicals selling 100 percent of its ownership stake in the Jamalco bauxite mining and alumina refining joint venture.
Pickles and sauerkraut are once again rolling down processing lines in Skagit County as Gielow Pickles starts up production in a 70,000-square-foot facility at the Port of Skagit.
Many manufacturing companies operate on thin margins, so wringing every drop of efficiency out of your equipment is crucial to profitability.
New York manufacturers are growing at the slowest pace in six months as new orders shrink and shipments barely rise.
Mayor, D. Michael Collins, along with state officials, met with Fiat Chrysler CEO Sergio Marchionne last week to begin talks about the future of the Wrangler and the factory that builds it.
General Motors' Fort Wayne truck assembly plant wants local officials to waive taxes for a decade to help with a possible $1 billion upgrade, a spokeswoman said.
In this unassuming facility, the team behind Worksman Cycles builds industrial bikes and trikes that are used in some of the largest plants in the world, including Ford, Boeing and Lockheed Martin.
Halogen bulbs now being made in Illinois and Ohio mean more jobs for Americans.
In this article, we will explore some of the key technologies disrupting manufacturing operations as we know them.
Ford Motor Company has announced the addition of 850 new jobs at its historic Ford Rouge Center, comprised of the Dearborn Truck, Dearborn Stamping and Dearborn Diversified facilities. The new jobs will support production of the all-new 2015 F-150, launching in a matter of weeks.
In this issue of IMPO, we take you inside Worksman Cycles, provide tips to keep your equipment properly maintained and running smoothly and examine a series of case studies on the role of system integration in "People, Planet, and Profit."
Danish toy manufacturer Lego said Thursday it won't renew a deal allowing Shell to hand out Lego sets at its gas stations in some 30 countries, following a viral campaign protesting Arctic drilling.