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Honda To Build Manufacturing Center For Asia In Thailand
AHN
Japanese carmaker Honda Motor said on Tuesday it will build a $32.7 million spare parts manufacturing center for Asia to meet the growing demand for spare body parts in the region. Asian Honda Motor, the Bangkok-based regional headquarters of the company said the target for the completion of the...
Manufacturing News
Pioneer To Build Plasma TV Plant In Yamanashi Prefecture
AHN
Pioneer Corporations wants its share in the plasma TV market to significantly increase next year as it unveiled on Sunday a plan to construct a new plasma television manufacturing plant in Yamashani Prefecture. Reportedly, the company hopes to have the new plant operational during the next fiscal...
Manufacturing News
Emerson earnings rise 35 percent
YAHOO
Reuters - Diversified manufacturer Emerson Electric Co. on Tuesday reported higher quarterly earnings on strong industrial demand and improved profit margins at four of its five divisions.
Manufacturing News
Rise In Innovation Offshoring Worries America
AHN
While manufacturing and low-level service jobs in the US are increasingly being moved offshore, it is widely assumed that research and development (R&D) jobs are not. However, Asia's rise as an important location for outsourcing has begun to challenge these ideas....
Manufacturing News
Manufacturing execs less confident on economy: poll
YAHOO
Reuters - U.S. manufacturing executives have become somewhat less confident about the domestic and world economies, as high energy prices and rising interest rates take a toll on business, according to a study released on Thursday.
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Manufacturing News Flextronics profits rise, above its forecast
YAHOO
Reuters - Flextronics International Ltd. , the No. 1 contract electronics manufacturer, on Tuesday reported quarterly results above its forecast, driven by growth in its core manufacturing business.
Sources: YAHOO
Manufacturing News Industrial production up 0.8 percent
YAHOO
AP - Industrial production rose significantly in June, reflecting advances in manufacturing, mining and auto production.
Sources: YAHOO
Manufacturing News Suzuki's Indian Plant Will Build Compact Car For Nissan
AHN
Suzuki Motor Corp. announces it has reached a deal to build a new compact car in India for Nissan Motor Co. The two Japanese auto makers agreed last month to increase efficiency by building cars for each other and sharing manufacturing facilities worldwide. Suzuki plans to build a car for Nissan...
Sources: AHN
Manufacturing News Factory output slows, construction spending dips
YAHOO
Reuters - U.S. manufacturing growth slowed in June and construction spending in May unexpectedly staged its biggest drop since September 2004, data showed on Monday, adding to signs the economy is cooling.
Sources: YAHOO
Manufacturing News Manufacturing sector growth slows in June
YAHOO
Reuters - U.S. manufacturing growth slowed in June, as the pace of employment weakened and new orders rose, according to a survey published on Monday.
Sources: YAHOO
Manufacturing News Stock futures advance; General Motors eyed
YAHOO
Reuters - U.S. stock futures pointed to a higher market open on Monday, as investors awaited June data on manufacturing but volumes are set to be low with trading ending early before Tuesday's Independence Day holiday.
Sources: YAHOO
Manufacturing News Danish Toy Maker To Cut Over 1,000 Jobs In 3 Years
AHN
Lego, a Danish toy maker on Tuesday announced its plan to cut jobs as an initiative of its cost saving efforts. The company said that it would cut up to 900 of 1,200 jobs at Lego's Danish production facilities by outsourcing most of its production to U.S. manufacturing services giant Flextronics...
Sources: AHN
Manufacturing News Rate futures show increased chance of June Fed hike
YAHOO
Reuters - U.S. interest rate futures showed an increased chance of a 50 basis-points June rate hike on Thursday after a stronger-than-expect­ed June New York Fed Empire State Manufacturing Survey and weekly U.S. jobless claims.
Sources: YAHOO
Manufacturing News N.Y. Fed manufacturing index rises sharply
YAHOO
Reuters - Manufacturing activity in New York State factories rose in June to the highest level since March, with a steep rise in the prices paid component -- a sign of inflation pressures -- the New York Federal Reserve said on Thursday.
Sources: YAHOO
Manufacturing News GM to invest $48 million in Indiana facility
YAHOO
Reuters - General Motors Corp. on Monday said it will invest $48 million in a foundry in Bedford, Indiana, to build transmission cases and converter housings for its fuel-saving six-speed transmissions.
Sources: YAHOO
Manufacturing News Home building, manufacturing index dip
YAHOO
AP - The U.S. economy appears to be shifting into a lower gear with residential construction falling sharply and manufacturing activity slowing. The big question: Will the slowdown come in time to keep inflation from heating up?
Sources: YAHOO
Manufacturing News Schering-Plough to cut 1,100 manufacturing jobs
YAHOO
Reuters - Drug maker Schering-Plough Corp. said on Thursday that it will cut about 1,100 jobs at its manufacturing facilities in Puerto Rico and New Jersey as it phases out or streamlines its operations.
Sources: YAHOO
Manufacturing News Wall Street seen weaker before crucial data
YAHOO
Reuters - Wall Street headed for a weaker start on Thursday as investors braced for a closely watched manufacturing report that could play a key role in determining whether the Federal Reserve will raise interest rates further.
Sources: YAHOO
Manufacturing News "Made in India" phones set to tap global markets
YAHOO
Reuters - India, already the world's fastest growing wireless services market, is set to become a handset manufacturing and export hub as giants such as Nokia and LG churn out millions of phones to tap voracious demand.
Sources: YAHOO
Manufacturing News Chartered slated to ship chips for AMD from July: source
YAHOO
Reuters - Contract chip maker Chartered Semiconductor Manufacturing Ltd. started making microprocessor chips for Advanced Micro Devices Inc. this month and will begin shipments as early as July, an industry source told Reuters.
Sources: YAHOO
Manufacturing News Manufacturers make slow, small moves on deal front
YAHOO
Reuters - These are good times for diversified U.S. manufacturers. So why aren't they doing more big mergers and acquisitions?
Sources: YAHOO
Manufacturing News Makers count on advent of Chinese leisure class
YAHOO
Reuters - When U.S. manufacturing executives talk about China, they typically emphasize the country's industrious work force.
Sources: YAHOO
Manufacturing News N.Y. Fed manufacturing index falls in May
YAHOO
Reuters - Manufacturing activity in New York State factories fell in May to the lowest level in 11 months, with an increase in prices paid, the New York Federal Reserve said on Monday.
Sources: YAHOO
Manufacturing News March factory orders up 4.2 percent
YAHOO
Reuters - New orders at U.S. factories rose a stronger-than-expect­ed 4.2 percent in March amid strong demand for transportation equipment, computers and electronic products, and machinery, government data showed on Wednesday.
Sources: YAHOO
Manufacturing News Manufacturing index rises in April
YAHOO
Reuters - U.S. manufacturing activity powered ahead in April despite soaring energy and metals costs and employment in the sector showed signs of improvement, according to an industry report published Monday.
Sources: YAHOO
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