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Economists expect growth in U.S. manufacturing picked up in October as the economy improved and demand from overseas increased, welcome signs for the fledgling recovery.
China's manufacturing sector expanded for the eighth straight month in October, pointing to further signs that the recovering economy is on firmer ground, a survey by an industry group said Sunday.
A private measure of the manufacturing sector grew for a second straight month in September, but at a slower pace than in August, another sign pointing to a bumpy economic recovery.
In another cost-cutting move that also makes its car and truck production a little greener, Nissan North America said Tuesday it will use methanol fuel cells on some vehicles used to haul parts to assembly lines, starting at its plant in central Tennessee.
Shares of domestic manufacturing companies rose Monday after a private-sector report that the sector declined last month at the slowest pace since August.
General Electric Co. said Friday it will build a $100 million manufacturing technology center in Michigan that will eventually employ about 1,200 workers.
On the same day of manufacturing icon General Motors Corp.'s bankruptcy filing, reports on the industrial sector from around the globe seemed to show the sector on the mend.
A trade group's measure of the health of the manufacturing sector contracted for the 14th straight month in March. And while the pace of decline was slower than expected, any pickup in jobs is still highly unlikely before next year.
Gerald Crouterfield believes in the power of prayer, and good fortune.
Growing up in a small town in Michigan, Alan Swank’s career path was clearly laid out for him: Attend vocational classes at the local high school, graduate and take a well-paying factory job.
A private measure of the nation's manufacturing sector contracted for the 13th straight month in February, but at a slower pace than expected.
A private measure of the manufacturing sector's health for January rose from a record low, but still posted the 12th straight month of contraction amid a global recession.
Ron Maccari, an assembly worker for General Motors for nearly 30 years, has been angry lately over the negative comments he’s heard on TV and read on the Internet about his chosen career.
Chip maker Advanced Micro Devices Inc. said Monday it will end up owning less of its factories than previously negotiated after they're spun off into a venture with the investment arm of the Persian Gulf state of Abu Dhabi.
New claims for jobless benefits fell unexpectedly last week but the number of people continuing to receive government aid reached a 26-year high and large companies announced more job cuts Thursday.
For years, Advanced Micro Devices Inc.'s scrappy image was best summed up by an insult that founder Jerry Sanders lobbed against rivals: "Real men have fabs."
Higher prices, tight credit and a gloomy economy kept U.S. manufacturers from growing in July, but exports helped prop them up.
Toyota Motor Corp., the seemingly unstoppable juggernaut that saw its U.S. sales double in the last decade, has come back down to earth. Stung by rare double-digit sales declines and burdened by a growing inventory of slow-selling pickups, Toyota said Thursday it will start producing the Prius hybrid in the U.S. and will shut down truck and SUV production to meet changing consumer demands.
A private trade group said Monday manufacturing activity contracted in May, hobbled by rising costs and weak consumer demand.
U.S. manufacturing activity contracted in April at the same pace as in the previous month, stalled near its lowest level in five years, a private trade group said Thursday.
The U.S. industrial sector contracted for a second consecutive month in March, though at a slower pace than in February, as manufacturers grappled with weakening order books and rising prices for raw materials.
U.S. manufacturing activity declined in February to its weakest level in nearly five years, an industry group survey showed Monday, heralding more instability in the job market and frailty in the overall economy.
The U.S. manufacturing economy unexpectedly contracted in December, ending a streak of 10 consecutive months of growth and sinking to its lowest point in almost five years, a private research group said Wednesday. The decline suggests that the overall economy may be weakening faster than some economists predicted.
U.S. manufacturing grew in October at the weakest pace since March, suggesting that ongoing troubles in the housing and credit markets have seeped into the industrial sector.
President Bush has chosen a former U.S. Navy rear admiral to be his point person in advocating for American manufacturers, the White House announced Friday.
Obama, Hu Avoid Discussions of U.S. Indebtedness to ChinaThe one issue aides say President Obama and China leader Hu Jintao didn't talk about was the communist nation's holding of $800 billion in U.S. treasury bonds.
Rethinking the Luddites Martin Ford ponders the issue of technology-induced long-term structural unemployment:
Can Anyone Out-Lean Toyota?Anyone who's ever applied lean manufacturing principles knows that Toyota Motor Corp. is like the sun. The lean world revolves around the Japanese automaker.
U.S. Economy: Factories Expand More Than Forecast Manufacturing in the U.S. expanded faster than anticipated in October, easing concern the economic recovery will be cut short once government aid wanes.
Boeing To Bring 12,000 Jobs To S. Carolina For 787 DreamlinerNORTH CHARLESTON, S.C. -- A massive 787 Dreamliner assembly plant will be built in North Charleston. The facility will be built in stages. Boeing will hire 4,000 direct positions and another 8,000 related spin-off jobs are expected.
Manufacturing extends impressive comebackWASHINGTON - Industrial production in the nation rose more than anticipated in September, putting manufacturing at the forefront of the emerging economic recovery.
The cost of doing business in China is very low. Labor is cheap and regulatory controls are practically non-existent. The CEOs of American companies love China.
Dell Closing North Carolina Plant; 905 To Lose JobsWINSTON-SALEM -- The Dell manufacturing plant that opened in southern Forsyth County, North Carolina in 2005 is closing, officials confirmed Wednesday afternoon. Officials with the company said 600 people would be laid off by November, with the rest being laid off by January.
6 Financial Indicators: No Chance of a 'V' RecoveryThis is an interesting recession. In the past I have postulated the various possibilities of the type of recovery we would face – L, U, V, or W.
China's Auto Industry Shifts Into High Gear and China is "World's Biggest Car Market"China is "the world's biggest car market, having passed the US this year."
Half Century Old Ford Assembly Plant to Become One of the Nation's Largest Renewable Energy Manufacturing FacilitiesFord announced this week that they are breathing new life into one of their older manufacturing plants with a redevelopment plan that will turn the site into one of the largest renewable energy facilities in the country.
New government policies rattle corporate Japan TOKYO (Reuters) - Proposals by Japan's new ruling party to slash greenhouse gas emissions may trigger a shake-out in smokestack industries like paper, cement and steel, but boost firms investing in solar and other green technologies.
Print Story: Hard Labor -(Producing the Goods we need and Us in the U.S.A.)This a a great short article on The U.S. becoming a manufacturing nation again;(we only produce in the U.S. 15% of the goods we use).
Defying Critics, Obama Names Another Czar After Resignation of Environmental AdvisercomAs one White House "czar" departs amid a cloud of controversy, an undeterred President Obama is naming a new one to advise him on manufacturing, defying conservative critics who have raised concerns about these advisory positions that do not require congressional oversight.
Reports suggest stronger-than-expected recoveryWe can only hope the data is a good leading indicator.
Officials lobby Pratt to keep jobs in state, Dodd leads the charge.......East Hartford (AP) - Several hundred Pratt & Whitney workers bellowed "Keep jobs here!" as they marched to the engine maker's headquarters Friday in East Hartford to deliver a demand letter signed by 22 Connecticut leaders. U.S. Sen. Chris Dodd led the charge,
U.S. regional manufacturing reboundsWASHINGTON (Reuters) - Manufacturing in the U.S. Mid-Atlantic region expanded in August for the first time in 10 months but new filings for unemployment benefits rose last week, an indication weak spending would constrain recovery.
GM boosts production at several plantsGeneral Motors Co. plans to increase hours at several factories due to rising sales from the government's Cash for Clunkers program. Union officials said today that GM will increase production at its Orion Township and Lordstown, Ohio, factories.
When I was a young kid in the early 1960's there used to be a TV show that came on every Sunday afternoon called "Industry on Parade". If I remember right it was on just before "Ted Mack's Original Amateur Hour".
Manufacturing Jobs Are Never Coming BackIt doesn't make sense for America to try to enlarge manufacturing as a portion of the economy. Even if the U.S. were to seal its borders and bar any manufactured goods from coming in from abroad--something I don't recommend--we'd still be losing manufacturing jobs.
Big 3, Michigan win big in battery grantsMichigan and Detroit's Big Three automakers will receive at least half of $2.4 billion in battery and electric vehicle grants that the White House is announcing today. Five teams in Michigan will receive $966 million of the $1.5 billion in battery manufacturing grants.
I would like to suggest someone write a new globalization book and name it "The World is a Sinkhole". Globalization has had a huge negative effect on the manufacturing industries of developed countries.
Company will bring Elkhart 241 jobs from SwedenDometic Corp. plans to relocate a manufacturing facility from Sweden to Elkhart in exchange for a 10-year tax incentive, a break that led company officials to choose Elkhart over Mexico and China.
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