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Manufacturing News

RSS feedDisplaying articles 41 - 50 of most recent articles

Graphic Packaging profit jumps 58% in the first quarter Graphic Packaging Holding Co. (NYSE: GPK) started its financial year with a big jump in profit. In the first quarter of 2015, the Atlanta-based packaging makers sales decreased 6 percent to $1 billion, but its profit spiked 58 percent to $55.1 million, or
bizjournals.com | Apr 23, 2015 3:13 PM [GMT] | comment? | recommend
Nucor Q1 earnings plummet but not as much as expected Nucor Corp. (NYSE:NUE) reported first-quarter earnings almost 40 percent below the year-ago level, but it still handily beat analysts' expectations for the quarter. The Charlotte-based steel manufacturer says it made $67.8 million, or 21 cents per diluted
bizjournals.com | Apr 23, 2015 3:10 PM [GMT] | comment? | recommend
Carmaker coming to National Harbor claims vehicle design stolen for 'Furious 7' movie Local Motors Inc., which plans to open a micro-factory at National Harbor this year, is claiming one of its successful crowdsourced military car designs was stolen without any credit in the new Furious 7 action film. CEO Jay Rogers said the bad guys car i
bizjournals.com | Apr 23, 2015 2:10 PM [GMT] | comment? | recommend
Merkley takes lead on 'made in U.S.' construction bill Sen. Jeff Merkley has proposed a measure that would require transportation contractors to use U.S. products whenever possible. Merkley joined follow Democrat Tammy Baldwin Wednesday in introducing the Invest in American Jobs Act. The bill would require th
bizjournals.com | Apr 23, 2015 2:01 PM [GMT] | comment? | recommend
First-quarter sales and profits increase for Snap-on Sales and profits improved in the first quarter of 2015 for tool manufacturer Snap-on Inc., the Kenosha-based company reported Thursday. Net income for the quarter was $110.5 million, or $1.87 per share, an increase of 15.9 percent compared with $94.9 mil
bizjournals.com | Apr 23, 2015 1:37 PM [GMT] | comment? | recommend
Exclusive: Mitsubishi's new Pearland plant comes online, ramps up hiring After much fanfare over Mitsubishi Heavy Industries Compressor International Corp. serving as one of the largest Houston-area examples of reshoring manufacturing from Japan back to the U.S., the 180,000-square-foot facility is now operational. The facilit
bizjournals.com | Apr 23, 2015 1:23 PM [GMT] | comment? | recommend
Stronger dollar, weaker forecast for 3M 3M cut its 2015 outlook after first-quarter earnings missed analyst targets. The culprit? A stronger dollar that makes 3M (NYSE: MMM) products more expensive overseas, as Bloomberg reports. 3M makes two-thirds of its revenue overseas, so a stronger dollar
bizjournals.com | Apr 23, 2015 12:30 PM [GMT] | comment? | recommend
Five things you need to know today, and 'I'm glad there's a new sheriff in town' Good morning, Cincinnati! Before we get started, tomorrow is Reds Friday. The local folks working to make the 2015 MLB All-Star Game a fantastic event for the city are asking for every man, woman and child (and dog) in Cincinnati to wear red on Fridays le
bizjournals.com | Apr 23, 2015 11:40 AM [GMT] | comment? | recommend
Heres how P&Gs 3Q stacked up Procter & Gamble Co. presented a mixed bag when it came to its third quarter earnings report on Thursday morning. The Cincinnati-based consumer goods manufacturer (NYSE: PG) reported core earnings per share of $0.92, which was exactly in line with analyst
bizjournals.com | Apr 23, 2015 11:26 AM [GMT] | comment? | recommend
Standard Register to have new owner in less than 60 days Dayton-based Standard Register Co. will be sold at auction in less than eight weeks. A recent bankruptcy court order has set the sale for June 15 at the New York office of Standard Registers attorney. The court will take any objections into account by 4 p
bizjournals.com | Apr 23, 2015 10:44 AM [GMT] | comment? | recommend