By DANIEL LOVERING, AP Manufacturing Writer
Farm equipment maker Deere & Co. said Wednesday it will recall most of the workers it laid off from an Iowa plant earlier this year to start production of the company’s 2010 models.
Deere, based in Moline, Ill., said the 452 manufacturing employees will be recalled to [...]
TALI ARBEL, AP Business Writer Tali Arbel, Ap Business Writer
NEW YORK – A private measure of U.S. manufacturing activity grew in October at the fastest pace in more than three years, helped by government spending and higher demand from overseas. The better-than-expected reading is a positive signal for the fledgling economic [...]
By Peter Sanders
CHICAGO—Boeing Co. said it would build a second final assembly line for its troubled 787 Dreamliner jet in South Carolina, a move that spurns the powerful aircraft machinists’ union that had been negotiating with Boeing to locate the work at the current factory near Seattle.
Boeing has been laying the groundwork for a [...]
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http://mfgcrunch.ning.com/profiles/blogs/returning-to-america-the
Here’s a great blog post summary from evolvingexcellence.com reviewing a Deloitte article that debates the repatriation of manufacturing work back to the US. Salient points include that Deloitte, a consultant, is paid to look for an report change, and that the gap in costs between manufacturing in the US and offshore has shrunk [...]
By MICHAEL TOTTY
It’s a tall order: Over the next few decades, the world will need to wean itself from dependence on fossil fuels and drastically reduce greenhouse gases. Current technology will take us only so far; major breakthroughs are required.
What might those breakthroughs be? Here’s a look at five technologies that, if successful, could [...]
Rachel Beck, AP Business Writer
NEW YORK (AP) — A theme is emerging from the flood of recent corporate earnings reports: Cost cuts are boosting profits.
Investors are cheering, but they shouldn’t. Even in these tough times, more CEOs should be talking about how they are seeking out investments, developing new technologies and making acquisitions.
That’s what [...]
Posted Oct 20, 2009 07:30am EDT by Aaron Task in Newsmakers
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The U.S. is an empire in decline, according to Niall Ferguson, Harvard professor and author of The Ascent of Money.“People have predicted the end of America in the past and been wrong,” Ferguson concedes. “But let’s face [...]
Gary Bogdon for The New York Times
Lee Figliuolo of Palm Coast, Fla., bought a Hyundai Genesis.
As if Detroit didn’t have enough worries.
In addition to the recession, and the bankruptcies of Chrysler and General Motors, a new threat has appeared in the rearview mirror.
Many smaller automakers are gaining a bigger share of the market, [...]
“We’re just fighting to stay alive,” said Tim Knisley, PMT’s chief financial officer.
The high-profile bankruptcies of Chrysler, General Motors Corp. and a few big suppliers have overshadowed the financial peril now facing the hundreds of small subsuppliers whose fate is also tied into the auto industry.
Yet the woes at PMT are being replicated across [...]
Michael Mandel
This morning the BLS released its “International Comparisons of Manufacturing Productivity and Unit Labor Cost Trends, 2008”. And guess what? According to the BLS, the U.S. manufacturing sector had the fastest productivity growth in the world in 2008—1.2%, tied with South Korea. Meanwhile, Japan, Canada, Germany, France and Japan all had manufacturing productivity [...]