Exelis Inc., the former defense unit of manufacturer ITT Corp., said on Thursday that it bought a small British maker of high-voltage power supplies.
Your suppliers continue to take steps forward into the e-Commerce realm. So how should you expect this to affect purchasing going forward?
While the envisioned entry to local production in China has been a pillar of Fuji Heavy's strategy, the Subaru maker has not been able to get a permission from the Chinese government, sources said.
China has set up a rare earths industry association to fend off trade complaints and help regulate the sector that is critical to global high-tech manufacturing.
Salo — along with other Finnish towns inextricably linked to Nokia — is facing an uncertain future as Finland's most famous corporation shifts its mobile phone assembly to Asia.
Kyocera Corp. said it will set up a joint venture in India in June to make cutting tools for industrial uses such as manufacturing vehicle parts.
Toyota Industries Corp. said the manufacturing plant in Sao Paulo, Brazil will replace a large portion of its imports from the United States with local production and boost sales in the country's growing market.
Automotive parts maker Tokai Rubber Industries Ltd. said the plant will produce anti-vibration rubber for engines and begin mass production in November 2013.
General Motors Co. will suspend production of the Chevrolet Volt for an extra week this summer as it tries to control the electric car's inventory.
GE, SAB Miller, Cadbury, AT&T, Sanofi and Vedanta are among other companies fighting tax cases in India that could be affected by the changes.
Mexican President Felipe Calderon says the Ford Motor Co. will invest an additional $1.3 billion at its stamping and assembly plant in the northern city of Hermosillo.
Industrial and specialty gas distributor Airgas Inc. said that it bought Industrial Welding Supplies, expanding its distribution network in three southern states.
The logistics subsidiary of Caterpillar Inc., the world's largest maker of construction and mining equipment, said Friday it opened a parts distribution center in San Luis Potosi, Mexico.
An Indian environmental panel has suspended clearances for South Korean steel giant Posco to build a $12 billion steel plant in India.
Foreign Trade Zone procedures could exempt Fisker from customs duty payments on foreign components used in export production, which Fisker expects will account for about half of the plant's shipments.
The world's largest maker of computer networking equipment said it plans to acquire ClearAccess to broaden network management tools for homes and mobile devices.
The major Japanese semiconductor maker aims to improve its performance by consolidating and enhancing production efficiency, as the company expects to see a 57 billion yen net loss for the current year.
The Finnish phone manufacturer is counting on Microsoft Corp.'s software to turn its fortunes around and provide it with an entry into the U.S. market.
Due to a series of delays in the Dreamliner's development by Boeing, delivery of the aircraft to JAL and other airlines was more than three years later than originally planned.
Dow Chemical Co. plans to invest an undisclosed amount in a new manufacturing plant in Saudi Arabia that will make coating materials for use in that country and for export to markets worldwide.
The Kansas-based company is joining with Aviation Industry of China and the municipal government of Chengdu, where the three plan a joint venture to produce midsize jets.
The head of Airbus says up to 2,000 jobs are at risk because Chinese airlines have frozen orders for 55 jets worth $14 billion in protest at the European Union's emissions trading plan.
Japan posted its first trade surplus in five months in February on a recovery in auto and electronics exports to the United States.
More U.S. drilling has not changed how deeply the gas pump drills into your wallet, math and history show.
The Commerce Department is imposing new import fees on solar panels made in China, finding that the Chinese government is improperly giving subsidies to manufacturers of the panels there.