Keyword: manufacturing

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  • UPDATED: Toyota to hire 450 at H'ville engine plant [Alabama]

    03/17/2019 5:58:12 AM PDT · by 2ndDivisionVet · 3 replies
    The News Courier ^ | March 14, 2019 | Staff
    Toyota Motor Manufacturing will be adding 450 new jobs as part of a $288 million expansion at its Huntsville plant, officials announced Thursday. Officials said the announcement constituted the largest hiring need in the plant's history. The new investment will also include a building expansion, bringing TMM's total investment in Huntsville to $1.2 billion. The facility's annual engine capacity will increase from 670,000 to 900,000 by the end of 2021 to increase product flexibility and better accommodate market demand, according to a press release. Thursday's announcement was part of an overall $750 million investment Toyota is making at unit plants...
  • Toyota to Boost U.S. Investment to Nearly $13 Billion by 2021

    03/14/2019 7:43:34 PM PDT · by ameribbean expat · 5 replies
    The Japanese auto maker said the spending would go toward adding production of two new hybrid vehicles in the U.S. and expanding plants that build engines, axles and other vehicle components. The additional investment is projected to create 600 new jobs. President Trump praised Toyota’s plans in a tweet—“BIG NEWS for U.S. Auto Workers!”—and said the investment was evidence that a trade agreement hammered out last year between the U.S., Canada and Mexico is fixing what he described as a “broken NAFTA deal.”
  • Inspiration at a Conference Center

    03/13/2019 11:05:53 AM PDT · by jfd1776 · 2 replies
    Illinois Review ^ | March 8, 2019 AD | John F Di Leo
    Reflections on the free market, at Chicago’s McCormick Place I like trade shows and conferences. I’ve attended a lot of them - and I’ve given speeches at a few - and I have always found them to be a wonderful microcosm of both society and the economy. No matter how troubled a city or state may be, the trade show is a place to be re-invigorated about the potential in our own American economy and even in the world at large. This week, for example, walking through the Housewares Show at Chicago’s McCormick Place, I was reminded of a number...
  • 90% of big manufacturers high on Trump economy,... set 4.4 percent growth target....

    03/05/2019 9:13:43 AM PST · by caww · 5 replies
    washingtonexaminer ^ | 3/5/2020 | Paul Bedford
    The nation’s top manufacturers have for the ninth consecutive quarter given the Trump economy a thumbs up, setting record industry optimism of the economy and predicting positive growth ....The National Association of Manufacturers said big and small companies are overwhelmingly optimistic about future growth. “Manufacturing in the United States is on the rise, and manufacturers are confident about the future,” said NAM President and CEO Jay Timmons. “Empowered by tax reform and regulatory certainty, manufacturers are investing in our communities and in our people.
  • 'I'm panicking': Seoul prepares to rip out its manufacturing heart

    02/22/2019 11:52:11 PM PST · by blueplum · 27 replies
    The Guardian UK ^ | 22 Feb 2019 | Chris Michael
    From the main street, the Euljiro neighbourhood doesn’t look like much: some shabby retail stores, cold-noodle restaurants, a Starbucks. Enter one of the small alleys, however, and you’ll find yourself in a kind of manufacturing anthill: thousands upon thousands of shops, each crammed to the rafters with bolts, circuit boards, iron castings, gauges, wires, lights, switches, tools and innumerable tiny objects that defy description. This incredible warren of machinists is the manufacturing heart of Seoul. There are 10,000 shops here, with 50,000 tradespeople, many of whom have been working here since the 1950s and were integral to South Korea’s postwar...
  • GM to start laying off 4,000 salaried workers on Monday

    02/01/2019 1:59:20 PM PST · by Jyotishi · 47 replies
    CNN ^ | Friday, February 1, 2019 | Chris Isidore
    New York (CNN Business)Layoffs for about 4,000 salaried staff at General Motors are due to start Monday. The layoffs are part of a 15% reduction in white collar jobs in North America that the automaker first announced back in November. At the same time, it announced plans to close four US plants as well as a fifth in Canada. While those plants, which include about 6,000 hourly jobs, have yet to close, GM is moving ahead with the salaried staff reductions, a GM spokesman confirmed Friday. The timing of the layoffs was first reported by the Detroit News. The company...
  • Volkswagen will add 1,000 jobs at Tennessee plant (making electric cars)

    01/15/2019 11:54:34 AM PST · by lowbridge · 36 replies
    CNN ^ | January 14, 2019 | Chris Isidore
    Volkswagen is investing $800 million in its plant in Chattanooga, Tennessee, a move that will add 1,000 jobs to the factory, the company announced Monday. It plans to build electric cars there. Volkswagen's investment in Tennessee comes weeks after General Motors announced plans to close three North American plants and shift its production focus away from sedans, to free up money to develop to electric and self-driving vehicles. The move also comes amid talks between Volkswagen and Ford about pooling resources to make the next generation of vehicles. The new Tennessee jobs and production should begin in 2022, according to the company's statement. "The US...
  • Manufacturing Jobs Up 32,000 in December, 491,000 Under Trump

    01/04/2019 9:07:03 AM PST · by jazusamo · 28 replies
    CNSNews ^ | January 4, 2019 | Terrence P. Jeffrey
    (CNSNews.com) - Manufacturing jobs in the United States increased by 32,000 in December and have now increased by 491,000 during the presidency of Donald Trump, according to data released today by the Bureau of Labor Statistics. In December 2016, the month before Trump took office, there were 12,351,000 manufacturing jobs in the United States. In December 2018, there were 12,842,000, bringing the increase during first 24 months of Trump’s presidency to 491,000. “Manufacturing added 32,000 jobs in December,” said the monthly employment report from the Bureau of Labor Statistics that was released today. “Most of the gain occurred in the...
  • Could A New Interstate North of Houston Help Alleviate The City’s Traffic Issues?

    12/28/2018 8:03:34 AM PST · by Tolerance Sucks Rocks · 21 replies
    Houston Public Media ^ | October 1, 2018 | Gail Delaughter
    In central Texas, a portion of U.S. 190 near Killeen has been designated as Interstate 14. But the Youth Infrastructure Coalition would like to see a complete I-14 corridor from eastern Georgia to west Texas. Under their proposal, I-14 would create an alternate east-west highway that would be located midway between I-10 and I-20.The coalition’s founder is Frank Lumpkin, a student at the University of Georgia. He said he and other students started the group to inspire young people to get involved in infrastructure projects that can benefit the area.“If you look at a map and take the demographics of...
  • U.S. Manufacturing Capacity Increases for 16th Month in a Row

    12/08/2018 5:36:27 PM PST · by familyop · 26 replies
    The Wall Street Journal ^ | October 16, 2018 | Sarah Chaney
    WASHINGTON—U.S. manufacturers increased their capacity for the 16th straight month in September, fresh evidence that a strengthening economy is helping to propel a U.S. industrial rebound. The Trump Administration has prioritized increasing manufacturing investment in the U.S. with tax cuts and tariffs on a range of imported goods.
  • Fiat Chrysler plans to open new assembly factory in Detroit to build SUVs: Sources

    12/06/2018 12:54:02 PM PST · by rdl6989 · 18 replies
    cnbc ^ | December 6, 2018 | Robert Ferris | Phil LeBeau
    Fiat Chrysler plans to open a new assembly factory in Detroit to build sport utility vehicles, people familiar with the matter told CNBC. The move comes as all of Detroit's Big Three automakers abandon sedan lines in favor of more popular and profitable SUVs and cross-over vehicles. The industry is also under pressure from President Donald Trump to keep manufacturing jobs in the U.S.
  • U.S. manufacturing so good factories are turning to high school students for labor

    12/04/2018 10:33:10 AM PST · by SleeperCatcher · 23 replies
    The National Sentinel ^ | 12/4/18 | USA Features
    Winning: On the campaign trail in 2016, then-GOP presidential candidate Donald Trump talked of renewing America’s manufacturing potential after decades of decline due to “horrible” trade deals like NAFTA that, he said, led to the loss of tens of thousands of jobs. After just two years, thanks to POTUS Trump’s economic policies of deregulation, tax relief, and other business-friendly measures, the U.S. economy is soaring and manufacturing, especially, is booming. In fact, as UPI notes, the manufacturing industry is expanding so fast factories are having difficulty finding enough workers to fill open positions.
  • Apple cancels production boost for budget iPhone XR Due to disappointing demand

    11/05/2018 8:02:02 AM PST · by SeekAndFind · 72 replies
    Nikkei Asian Review ^ | 11/05/2018 | LAULY LI and CHENG TING-FANG,
    TAIPEI -- Apple has signaled disappointing demand for the new iPhone XR, telling its top smartphone assemblers Foxconn and Pegatron to halt plans for additional production lines dedicated to the relatively cost-effective model that hit shelves in late October, sources say. "For the Foxconn side, it first prepared nearly 60 assembly lines for Apple's XR model, but recently uses only around 45 production lines as its top customer said it does not need to manufacture that many by now," a source familiar with the situation said. That means Foxconn, the Taiwanese company traded as Hon Hai Precision Industry, would produce...
  • Companies Say They're Ready to Move Supply Chains From China

    10/25/2018 3:12:41 AM PDT · by Zhang Fei · 2 replies
    Bloomberg | October 23, 2018, 9:39 AM CDT Updated on October 23, 2018, 9:58 PM CDT | Matthew Boesler
    Bloomberg link only.
  • Now hiring: Door County manufacturers seek hundreds of workers (Wisconsin)

    10/18/2018 10:55:17 PM PDT · by 2ndDivisionVet · 6 replies
    The Green Bay Press-Gazette | October 15, 2017 | Nathan Phelps
    Link only due to copyright issues: https://www.greenbaypressgazette.com/story/money/2018/10/15/door-county-manufacturers-hiring-hundreds-workers-shipbuilding/1599068002/
  • US industrial production climbed 0.3 percent in September

    10/16/2018 8:53:28 AM PDT · by Olog-hai · 3 replies
    Associated Press ^ | October 16, 2018 | Paul Wiseman
    U.S. industry expanded again in September despite the impact of Hurricane Florence. The Federal Reserve said Tuesday that industrial production, which includes output at factories, mines and utilities, rose 0.3 percent last month. It was the fourth straight increase. The Fed said that Florence reduced September output growth by less than 0.1 percentage points. Over the past year, industrial production rose 5.1 percent. The increase was slightly higher than economists had expected and offered more evidence that the U.S. economy is in good health. Overall economic growth reached 4.2 percent from April through June, fastest in nearly four years. The...
  • Staff-starved factories in Minnesota, US finally offer higher wages, perks

    10/16/2018 1:28:21 AM PDT · by 2ndDivisionVet · 12 replies
    The Finger Lakes Times ^ | October 9, 2018 | Dee Depass, Star Tribune
    As the job market continues to tighten, more factories are turning to a recruiting tool they have been avoiding: money. Take Spectro Alloys Corp. in Rosemount, Minn. The aluminum recycling firm has upped its recruitment budget and raised starting pay nearly 10 percent —it even raffled off a new ATV to job applicants. "The hiring environment is extremely challenging right now," said Luke Palen, president of Spectro, which recently added 5,000 square feet and needs more workers to meet demand. "A hot market for recycled aluminum and even hotter local job market is forcing the Spectro team to think outside...
  • Local manufacturing companies struggling to fill open jobs (Ohio)

    10/12/2018 2:04:13 PM PDT · by 2ndDivisionVet · 26 replies
    The Youngstown Vindicator ^ | October 6, 2018 | Jordyn Grzelewski
    There is no limit on how many people Vallourec, a global manufacturing company with a steel pipe mill here in the Valley, could hire right now, said Chris Allen, the company’s talent acquisition manager for North America. “We don’t have enough [workers] and we won’t have enough,” Allen said. “Our [hiring] number is infinite right now.” That demand is no doubt driven partly by the boom in oil and natural gas, one of the primary industries Vallourec serves, but there are other issues at play that other Valley manufacturing companies are experiencing, too. “We could use 20 more [employees] right...
  • Team Trump is Protecting America’s Vital Manufacturing, Defense Industrial Base from Big Risks....

    10/11/2018 3:55:40 PM PDT · by caww · 3 replies
    White House ^ | 10/10/2018 | Peter Navarro Assistant to the President, Director of Trade and Industrial Policy
    America’s manufacturing and defense industrial base – vital to ensuring our national security – is under significant threat at a time when the military capabilities of China, Russia, and our other strategic competitors are growing. This is an enormously important issue that has received far less attention in the news media than it deserves. Fortunately, President Trump has long recognized that to be strong and secure our nation must be able to rely on U.S. companies to manufacture products needed for our national defense. He understands that we must never become dependent on foreign nations to design, produce and maintain...
  • Manufacturing Jobs +18,000 in September

    10/07/2018 3:15:56 PM PDT · by Olog-hai · 3 replies
    Cybercast News Service ^ | October 5, 2018 | 8:46 AM EDT | Terence P. Jeffrey
    Manufacturing jobs increased by 18,000 in the United States in September, according to data released today by the Bureau of Labor Statistics. In August, according to the new BLS numbers, there were 12,729,000 manufacturing jobs in the United States. In September, there were 12,747,000. …