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Manufacturing News

RSS feedDisplaying articles 11 - 20 of most recent articles

Update: ITG confirms in N.C. filing it will lay off 208 Triad employees in Cone Denim closure Greensboro-based International Textile Group Inc. has officially notified the state of North Carolina that it plans to lay off a total of 208 employees at its historic Cone Denim White Oak Plant by Dec. 31. The company announced Wednesday that it would be | Oct 20, 2017 6:55 PM [GMT] | comment? | recommend
Exclusive: Failed solar manufacturer SoloPower's wreckage grows Shuttered company owes the county nearly $2.7 million in additional taxes. | Oct 20, 2017 6:49 PM [GMT] | comment? | recommend
Since acquiring 4 companies in 4 months, this DFW company's stock is up 38 percent Since May 1, the Addison-based trucking firm has acquired four companies and its stock price has responded. In that time frame, shares are up nearly 38 percent for the newly public company. | Oct 20, 2017 6:42 PM [GMT] | comment? | recommend
Nucor sees more expansion ahead Nucor Corp. execs say they have the liquidity and appetite to continue an expansion run in which they've spent or committed $1.75 billion on acquisitions and construction. | Oct 20, 2017 6:33 PM [GMT] | comment? | recommend
Airbus CEO says no plans to buy out rest of Bombardier C Series Although the framework of its blockbuster deal with Bombardier earlier this week allows Airbus to buy out the entire C Series passenger jet program over time, Airbus CEO Tom Enders says the company has no plans to exercise that option. According to a Cana | Oct 20, 2017 6:05 PM [GMT] | comment? | recommend
Boeing weighs urgent plans to double 767 production for a big buyer Is it United Airlines? Boeing is urgently weighing plans to double 767 production in Everett, the Puget Sound Business Journal has learned. The Chicago-based jetmaker (NYSE: BA) is asking its employees and suppliers whether they can deliver on the rate increase to win a big air | Oct 20, 2017 4:09 PM [GMT] | comment? | recommend
P&Gs big investors want company to speed turnaround, CFO says Procter & Gamble Co. CFO Jon Moeller said today that institutional investors he met with during the recent proxy battle involving hedge fund manager Nelson Peltz want P&G to speed up a turnaround effort aimed at boosting sales and profits. I received very | Oct 20, 2017 2:49 PM [GMT] | comment? | recommend
Hundreds attend DWD recruitment event featuring Foxconn Hundreds of potential workers poured into the American Serb Hall on Milwaukee's south side Thursday for the opportunity to learn about job training services and to hand their resumes to some of the areas top manufacturing companies, including incoming Fox | Oct 20, 2017 2:37 PM [GMT] | comment? | recommend
Honeywell beats revenues, raises guidance, hits earnings Honeywell International (NYSE: HON) which has its aerospace division based in Phoenix and thousands of employees here hit earnings expectations today and beat revenue projections for the third quarter. Honeywell reported revenue of $10.12 billion for the | Oct 20, 2017 2:01 PM [GMT] | comment? | recommend
GEs big earnings miss doesnt keep Dow, stocks from record open on Trump tax hopes The Dow Jones Industrial Average and stocks opened up Friday with Wall Street hopeful again for corporate, investment and income tax cuts pushed by President Donald Trump. The Dow opened up 80 points a record high Friday. The S&P 500 and Nasdaq were also | Oct 20, 2017 1:56 PM [GMT] | comment? | recommend