The United Auto Workers trust that pays for retired auto workers' health care will conduct a secondary public offering of all of its General Motors Co. stock warrants on Tuesday. GM confirmed the offering Monday. The UAW trust is offering up to 45,454,545 warrants to purchase GM stock.
A groundbreaking ceremony Monday in Waggaman marked the start of an ammonia plant for explosives maker Dyno Nobel International. Gov. Bobby Jindal's office said Dyno Nobel plans to begin ammonia production in mid-to-late 2016, with Cornerstone Chemical Company completing six years of maintenance and infrastructure work that will help support the ammonia plant.
Essar Steel Minnesota is delaying the opening of its Nashwauk taconite plant until the second half of 2014, company officials have confirmed. The plant originally was to open this fall with nearly 350 workers. But CEO and President Madhu Vuppuluri told the Star Tribune the opening is being delayed due to financing issues surrounding the company's decision last year to increase production from 4 million tons of taconite to 7 million tons.
The Federal Emergency Management Agency reversed its previous decision and approved additional funding Friday to help rebuild the small Texas town where an April fertilizer plant explosion leveled homes, damaged buildings and killed 15 people.
A sudden chemical release or unexpected machine movement can injure or kill an employee who is servicing, maintaining or repairing process equipment. OSHA’s lockout/tagout standard (1910.147) requires employers to authorize the employees who do this work and provide them with the instructions and equipment they need to completely deenergize the machinery.
Newly reorganized Beechcraft Corp. said Thursday it's received a nearly $1.4 billion order — believed to be the largest propeller aircraft order by value in general aviation history. The Wichita-based plane maker won a contract to build up to 105 King Air 350i aircraft, valued at $788 million, from Wheels Up, a New York City-based private aviation membership company.
Williams Olefins LLC expects in early April to restart its Geismar plant that was damaged in June by a fire and explosion that fatally burned two men and injured 114 people. Williams Partners, of Tulsa, Okla., said it expects to finish the estimated $102 million in repairs by April and also a $450 million to $500 million ethylene production expansion that had been underway at the time of the June 13 explosion and fire.
President Barack Obama is ordering federal agencies to review safety rules at chemical facilities in response to the deadly April explosion at a Texas fertilizer plant. In an executive order announced Thursday, Obama tasks agencies with identifying new ways to safely store and secure ammonium nitrate, the explosive chemical investigators say caused the blast.
Federal and state investigators trying to determine what caused a series of explosions at a central Florida propane plant said they've uncovered nothing that indicates a crime was committed. Investigators inspected the Blue Rhino plant's 5-acre property and also interviewed some workers who were at the plant when a fireball erupted in a lot outside the plant's two warehouses, said Maj. Brandon Ball of the Division of State Fire Marshal.
Take a look at how Anheuser-Busch Inbev brews and bottles dozens of brands of beer at its massive St. Louis brewery, in operation for over a century. The beer is still brewed how it was 100 years ago, but today's technology enables the company it to produce today's brews "very consistently and very well."
In preparation to build the Ford Fusion in Q3 2013, Flat Rock Assembly Plant is training its 1,400 new hires using a simulated factory to teach them vehicle assembly before the first U.S.-built Fusion rolls off the line. Ford announced last fall it will build the all-new Fusion in the U.S. and hire 1,400 new employees to meet surging demand for the award-winning vehicle.
At least eight people were injured in a blast at a Blue Rhino plant with 53,000 propane tanks on site. Tavares Fire Chief Richard Keith identified the possible causes Tuesday, but said sabotage was not suspected. The federal Occupational Safety and Health Administration launched an investigation into the Monday night incident at the Blue Rhino propane plant, as did the Florida State Fire Marshal's office.
Equipment malfunction and human error are among the possible causes of a series of explosions that spawned a 20-by-20 foot fireball at a central Florida propane plant and left eight injured, authorities said. Tavares Fire Chief Richard Keith identified the possible causes Tuesday, but said sabotage was not suspected.
A group has been given a two-month extension in which to raise enough money to save some of the Detroit-area factory where Rosie the Riveter helped build World War II-era bombers and became an icon of American female empowerment.
In her first speech as the head of EPA, Gina McCarthy told an audience gathered at Harvard Law School in Cambridge, Mass., that curbing climate-altering pollution will spark business innovation, grow jobs and strengthen the economy. The message was classic Obama, who has long said that the environment and the economy aren't in conflict and has sold ambitious plans to reduce greenhouse gases as a means to jumpstart a clean energy economy.
The city of Detroit's bankruptcy is an American tragedy and an entirely preventable one. The downward spiral began decades ago when deindustrialization led to depopulation, crime and declining public revenues. Corruption and mismanagement may have exacerbated the problem, but they weren't the root cause.
Noranda Aluminum Holding Corp. is expanding its plant in the southeast Missouri town of New Madrid, an expansion expected to create 29 jobs. Gov. Jay Nixon joined Noranda officials on Friday in New Madrid for the announcement. Noranda will spend $45 million on the expansion.
General Motors officials say the Ohio plant that makes the Chevrolet Cruze is shutting down for a week in August to maintain the balance between supply and demand. The Vindicator newspaper reports that the Lordstown plant near Youngstown already had its typical summer shutdown at the beginning of July. But GM announced it will shut again starting Aug. 26 to "align the product with market demands."
Celebrated in song, posters, art, and newsreels throughout World War II, “Rosie the Riveter” represented the many women who went to work in America’s factories to take the place of the men who were called to war. Today, an effort is underway to save part of a World War II-era bomber plant from the wrecking ball.
American Tank Company Inc. is building a $2 million manufacturing plant in New Iberia, Louisiana. Company officials and Gov. Bobby Jindal announced the plans Monday, saying the plant will create 20 jobs averaging $32,000 a year plus benefits.
The Milwaukee Electric Tool Corp. plant in Greenwood is undergoing a $15 million expansion and reorganization that will double the factory's manufacturing capacity. The Greenwood Commonwealth reports that company engineer Terry Jensen told a civil club this past week that the plant presently splits its operations between assembling power tools and manufacturing saw blades.
Federal authorities are questioning working conditions at a Georgia auto parts plant for the eighth time in four years, this time in connection with a worker's death. The Occupational Safety and Health Administration launched an inquiry of Sewon American in LaGrange after someone submitted a complaint of excessive heat same the same day Teresa Pickard died, The Atlanta Journal-Constitution reports.
A fire has damaged a chemical plant in central Pennsylvania, but officials say the blaze posed no risk to the nearby community. The Williamsport Sun-Gazette reports the fire broke out Sunday morning at the Lonza Inc. plant in Williamsport. The company says the fire started in a part of the facility that's a non-hazardous manufacturing area.
Authorities are trying to determine what caused an explosion that injured five people performing electrical work at a manufacturing plant in northwest Iowa. The Osceola County Sheriff's office says the explosion happened at the Timewell Tile plant in Sibley, Iowa, Saturday morning while workers were switching some power lines to a newer transformer.
TIC required more capacity to produce medium voltage adjustable speed drives to meet increasing demand, as well as keep up with the growth of our other product lines including low voltage drives, motors starters, and rail transit products.