Summary Box: Jobs, manufacturing data show recovery off to bumpy start; modest rebound likelyOctober 1st, 2009 Summary Box: Jobs, manufacturing data disappointCONSUMERS: Consumer spending surged 1.3 percent in August, due partly to the now-ended Cash for Clunkers program. But incomes posted a lackluster 0.2 percent gain, and the number of newly laid-off workers rose more than expected to 551,000 last week.
Mercury Marine to repay Oklahoma tax credits because it plans to move 380 jobs to Wis.September 9th, 2009 Mercury Marine to repay tax credits to Okla.OKLAHOMA CITY — Boat engine manufacturer Mercury Marine plans to repay tax credits it received from Oklahoma now that it plans to move jobs from the state. Wisconsin-based Mercury Marine revealed the plans in a letter from company President Mark Schwabero to Oklahoma House Speaker Chris Benge and other state lawmakers on Tuesday.
Solyndra begins building second solar plant using $535M federal loanSeptember 4th, 2009 Solyndra begins building second solar plantFREMONT, Calif. — Solyndra Inc.
Amway to invest Rs.550 mn in its Himachal plantSeptember 4th, 2009 SHIMLA - Amway India Enterprises will invest Rs.55 crore (Rs.550 million) to treble capacity at its Himachal Pradesh manufacturing unit by the end of this year, a senior company official said here Friday. "We have plans to treble the capacity of our Baddi manufacturing plant by December-end," Amway India Managing Director and Chief Executive Officer William S.
Energy Dept. to give loan guarantee to Calif. solar company in city hit by auto plant closingSeptember 3rd, 2009 California solar company to get federal backingWASHINGTON — A California company that makes solar panels will receive a $535 million federal loan guarantee, allowing it to complete the first phase of a new manufacturing plant in Fremont. The expansion is expected to create up to 3,000 construction jobs and 1,000 long-term jobs.
AP NewsBreak: Bobcat to close Bismarck plant, transfer jobs to southeastern North DakotaSeptember 2nd, 2009 AP NewsBreak: Bobcat to close Bismarck plantBISMARCK, N.D. — Bobcat Co., which makes loaders and light construction equipment, plans to close its Bismarck plant and shift the bulk of the 475 jobs there to its plant in Gwinner, in southeastern North Dakota.
Terex to cut 170 positions at Iowa plant as it consolidates manufacturing amid recessionAugust 7th, 2009 Terex to cut 170 positions at Iowa plantWESTPORT, Conn. — Heavy equipment maker Terex Corp.
Investigators: Blast at Ohio explosives plant that injured 10 caused by broken detonating cordJuly 31st, 2009 Officials: Broken cord caused blast at Ohio plantMcARTHUR, Ohio — Investigators say a blast that injured 10 workers at an explosives manufacturing plant in southeast Ohio was caused by a broken detonating cord. The explosion at Austin Powder Co.'s Red Diamond plant near McArthur on Tuesday blew off part of the roof and a wall.
Caterpillar to close plant in South Africa, 193 jobs affectedJuly 31st, 2009 Caterpillar to close South African plantPEORIA, Ill. — Heavy equipment maker Caterpillar Inc.
Belden to cease production at Leominster, Mass., facility, eliminating 170 jobs by July 2010July 21st, 2009 Belden to shut down Mass. plant; 170 jobs affectedST.
BHEL to invest Rs.5,803 crore on expansionJuly 16th, 2009 NEW DELHI - The state-owned Bharat Heavy Electricals Ltd (BHEL) will invest Rs.5,803 crore to double its power plant equipment manufacturing capacity by the end of 2011, the government said Thursday. "BHEL had augmented its manufacturing capacity for power plant equipment from 6,000 MW to 10,000 MW annually by December 2007," said Arun Yadav, Minister of State for Heavy Industries and Public Enterprises, in the Lok Sabha.
Momentive Performance sets up new plant in ChennaiJune 18th, 2009 CHENNAI - US-based silicones manufacturing company Momentive Performance Materials Inc Thursday inaugurated a new manufacturing facility near here. With the opening of the new plant, the company is now planning to shut down its Bangalore facility, which is functioning on leased premises, and consolidate production in Chennai.
Honda to set up another engine plant in RajasthanJune 17th, 2009 Kochi (Kerala), June 17 (ANI): Honda Siel Cars India (HSCIL), a subsidiary of Honda Motor, Japan, plans to set up an engine manufacturing and car assembly plant at an investment of around Rs. 1600 crores in Rajasthan.
Unilever to close plant in Hagerstown, Md. that employs 460June 9th, 2009 Unilever will close Maryland plantNEW YORK — Unilever is closing a manufacturing plant in Hagerstown, Md., with 460 employees. The Dutch maker of consumer products such as Dove soaps and Ben & Jerry's ice cream says the plant's production will be shifted to other plants.
UAW official says American Axle to shutter Detroit plant, hundreds to lose jobsApril 28th, 2009 Union: American Axle to close Detroit plantNEW YORK — American Axle & Manufacturing Inc. plans to shutter the largest plant at its Detroit manufacturing complex and move production to Mexico, a union official said Tuesday.
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