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Keyword: manufacturing

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  • States vie for Foxconn display panel factory

    07/23/2017 4:42:21 PM PDT · by 2ndDivisionVet · 9 replies
    The Mining Journal ^ | July 23, 2017 | David Eggert, The Associated Press
    LANSING — Taiwanese electronics maker Foxconn’s plan to build a display panel factory in the U.S. has sparked a flurry of lobbying by states vying to land what some economic development officials say is a once-in-a-generation prize. It’s not just jobs that are up for grabs — possibly 5,000 alone at the plant and potentially thousands more at other unspecified U.S. operations the company intends to launch. Luring Foxconn to build the country’s first liquid-crystal display factory would signal that the Midwest, which has hemorrhaged manufacturing jobs in recent decades, can diversify into again producing high-tech consumer gadgets often assembled...
  • Report: GM may kill Chevy Volt, Sonic and four other cars

    07/23/2017 1:56:49 PM PDT · by Hojczyk · 84 replies
    Yahoo Finance ^ | July 22,2017
    General Motors has put six of its cars under review, including its once breakthrough Chevrolet Volt plug-in hybrid, and is evaluating whether to cancel them in the coming years, according to a report from Reuters. The news comes as sales of cars continue to plummet in the U.S. and as consumers increasingly turn to SUVs and pickups. Besides the Chevrolet Volt hybrid, other vehicles believed to be under consideration for elimination iinclude the Buick LaCrosse, Cadillac CT6, Cadillac XTS, Chevrolet Impala and Chevrolet Sonic, according to Reuters. GM spokesman Jim Cain declined to comment on the report. UAW President Dennis...
  • Average Americans Can No Longer Afford Average New Cars

    07/21/2017 9:06:34 AM PDT · by Lorianne · 263 replies
    Gas 2 ^ | 17 July 2017 | Steve Hanley
    Some people say capitalism and alligators have much in common — both eat their young. While the rich get richer (and will get richer still if the #FakePresident has his way), ordinary schlubs who are working one, two, or sometimes three jobs to make ends meet are finding they can no longer afford to buy average new cars. That’s according to a new study by Bankrate.com. It finds that people living in 24 of the 25 largest metropolitan areas in the US cannot afford the average price of new cars, which was $33,000 in May according to Kelly Blue Book....
  • Harley-Davidson Spirals Down, Announces US Layoffs, Builds Factory in Thailand

    07/21/2017 8:13:13 AM PDT · by Lorianne · 99 replies
    Wolf Street ^ | 18 July 2017 | Wolf Richter
    Shares of Harley-Davidson (HOG) dropped 10% in the morning after the company reported second-quarter earnings and were down nearly 6% at the end of the day. Almost everything was bad. Retail sales by its dealers in the US fell 9.3% in Q2, compared to a year ago, to 49,668 motorcycles. They were “down more than we anticipated,” the company said. And with “soft sales across most markets,” sales by its dealers globally fell 6.7%. “Industry new motorcycle sales deterioration continued,” the company said in its presentation, lamenting “weak industry sales on soft used bike prices.” In addition to the industry...
  • Lockheed Martin will be hiring ‘on the spot’ Tuesday for F-35 jobs (Texas)

    07/16/2017 1:59:04 AM PDT · by 2ndDivisionVet · 14 replies
    The Fort Worth Star-Telegram ^ | July 13, 2017 | Max B. Baker
    FORT WORTH — Lockheed Martin will be interviewing at least 2,000 people for jobs next week — with some people being offered employment “on the spot” — as part of the buildup of F-35 production at its Fort Worth plant. Lockheed already has cleared about 1,900 applicants who pre-registered through social media for interviews, but anyone who thinks they may be qualified for one of the jobs, especially in manufacturing, can come to the Sheraton Fort Worth Downtown Hotel on Tuesday. The event opens at 7 a.m. “We’re really ramping up the activity to do this hiring. This is new...
  • SpiceJet’s order to buy planes from Boeing will support many American jobs: Trump (100 planes)

    06/27/2017 2:20:04 PM PDT · by 2ndDivisionVet · 15 replies
    The Hindu ^ | June 27, 2017 | The Press Trust of India
    US President Donald Trump on Tuesday said a recent order for 100 new aircraft placed by an Indian airline will create thousands of American jobs, referring to SpiceJet’s decision to buy planes from Boeing. SpiceJet had announced an order worth $22 billion with the US aircraft maker in January. The order is expected to create 1.32 lakh high-skilled jobs in America. “I was pleased to learn about an Indian airlines’ recent order of 100 new American planes, one of the largest orders of its kind, which will support thousands and thousands of American jobs,” Mr. Trump said alongside Prime Minister...
  • Carrier workers facing layoffs feel betrayed by Trump

    06/25/2017 2:27:19 PM PDT · by Angels27 · 73 replies
    A promise made before Christmas is fizzling before the Fourth of July. In December, then-President-elect Trump told hundreds of workers at the Carrier manufacturing plant that he had worked out a deal to save their jobs. But it's not working out that way. A steady downpour today did little to wash away the fact that the jobs of 600 union employees are going south. "They're going to Monterrey, Mexico," said Robert James, president of the local union. Reynolds said he felt betrayed, since Mr. Trump told workers during his December visit to the plant that 1,100 jobs would be saved....
  • Could the Future of Metal 3D Printing Be Print Farms?

    06/24/2017 2:01:32 PM PDT · by 2ndDivisionVet · 23 replies
    Design News ^ | June 20, 2017 | Tracey Schelmetic
    One company sees 3D print technology evolving into a product lineup of affordable and scalable printers, with the “blade server” concept for volume manufacturing where printers on a rack will scale up or down to meet customers’ needs. Discussions of additive manufacturing invariably turn to prototyping for a good reason: economics. While it may make sense from a cost perspective to 3D print functional new parts with plastic or metal during the design process, additive manufacturing (AM) techniques cease where mass production begins. Few manufacturers are discussing replacing traditional production methods for parts with AM techniques, as it would simply...
  • Morning in America Here in America: Debate over America First & manufacturing enters a new phase

    06/23/2017 11:16:13 AM PDT · by 2ndDivisionVet · 1 replies
    The American Spectator ^ | June 23, 2017 | Peter Roff
    Up until Donald Trump’s election it looked like the trade wars were largely over. Policymakers in both parties seemed to have accepted full integration of the United States into the global economy was both a good and a goal. Trump turned that on its head. He built his Electoral College majority on the resentment of folks who believed free trade and global commerce helped create jobs for other people in other places while leaving them behind. It’s a powerful message that’s starting to resonate in Congress. Even Texas Rep. Kevin Brady, chairman of the House Committee on Ways and Means...
  • iPhone Manufacturer Wants To Create Tens Of Thousands Of US Jobs (Foxconn)

    06/23/2017 10:03:44 AM PDT · by 2ndDivisionVet · 23 replies
    KGTV-TV ^ | June 22, 2017 | Casey Mendoza and Grant Suneson
    In a move that will likely make the Trump administration really happy, a major manufacturer is shifting jobs from China to the U.S. Foxconn, the company known for making iPhones and other big-name gadgets, plans to invest $10 billion in a production plant in the U.S — specifically somewhere in Ohio, Pennsylvania, Michigan, Illinois, Wisconsin, Indiana or Texas. The plant could create up to 50,000 new jobs. President Trump hinted at this deal in June while visiting Wisconsin for his "workforce development" tour. "Just backstage, we were negotiating with a major, major, incredible manufacturer of phones and computers and televisions,"...
  • Layoffs set to begin next month at Carrier plant Trump struck deal with: report

    06/22/2017 6:00:27 PM PDT · by Republican Wildcat · 36 replies
    The Hill ^ | 6/22/2017 | Brandon Carter
    The Carrier plant in Indianapolis that President Trump convinced to stay open late last year will lay off more than 600 employees beginning next month, according to a new report Thursday. CNBC reported that the deal struck by Trump before he assumed office isn’t working out as expected, and more than 600 employees will soon face layoffs. Trump and Carrier reached an agreement in December to keep about 1,000 jobs at the Indiana plant. Both Carrier and Trump celebrated the agreement on Twitter Trump also celebrated the agreement at the plant shortly after it was reached as an early victory...
  • GM to build Texas supplier park, expects 850 new jobs

    06/17/2017 1:48:07 PM PDT · by 2ndDivisionVet · 5 replies
    Left Lane ^ | June 16, 2017 | Justin King
    The Arlington facility will consist of two manufacturing and warehouse buildings spanning more than 1.2 million square feet. General Motors has outlined plans to build a new supplier park to help support its Arlington Assembly plant in Texas. The facility will consist of two manufacturing and warehouse buildings, spanning more than 1.2 million square feet. The company expects the park to house up to 1,250 employees and bring 850 new jobs to Arlington. "GM estimates nearly 600 of the new manufacturing and professional jobs created in these facilities will replace work previously done outside of the US," the company says....
  • Mexico to review rules of origin to help NAFTA renegotiation

    05/30/2017 6:37:23 PM PDT · by blueplum · 4 replies
    AP ^ | 30 May 2017 8:03pm EDT | ADRIANA GOMEZ LICON
    MIAMI (AP) -- Mexico's foreign minister says the country is "inevitably" set to review rules of origin when renegotiating the North American Free Trade Agreement, giving a boost to President Donald Trump's manufacturing push. Foreign Relations Secretary Luis Videgaray said on Tuesday at an event in Miami that NAFTA has allowed Mexican industry to enter the U.S. market with lax rules of origin. [snip] "One part that must inevitably be reviewed is the chapter on rules of origin," Videgaray said at the University of Miami. "Over time, the free trade agreement has sometimes been used, not always of course, but...
  • Promised Land Lost

    05/30/2017 5:22:52 AM PDT · by Kaslin · 23 replies
    Townhall.com ^ | May 30, 2017 | Salena Zito
    FORT MADISON, IOWA -- Only ghosts and shadows haunt the empty halls of Sheaffer Pens, the onetime giant pen manufacturer on H Street. Its locked doors and worn brick stand like weary sentinels along the banks of the Mississippi in this struggling southeast Iowa river-and-railroad town. Rust weeps through the paint on the window frames; the once magnificent illuminated-letters sign with the trademark white dot that faced Illinois is gone, no longer serving as a gatekeeper for its fortress of employees. At its peak, it employed more than 2,500 people in a town of 14,000; nearly everyone here had someone...
  • Not a job, give me some work!

    05/29/2017 4:37:01 PM PDT · by 2ndDivisionVet · 8 replies
    The Free Press Journal ^ | May 29, 2017 | Ajit Ranade
    In our development agenda for creating employment, we need to change the discourse in at least three different ways. The first is captured in the Hindi phrase “mujhe naukri nahin, kaam chahiye”. Give me some work, if not a job. We can no longer promise the youth of India, secure, nine-to-five, full time permanent jobs. That paradigm of employment creation is changing not just in India but also all over the world. The reasons are many. Firstly, the fast changing technology of producing goods means jobs are getting continuously redefined. Secondly, the intense pressure of competition from globalisation, means jobs...
  • What Progressives Miss About Arms Sales

    05/24/2017 12:24:23 AM PDT · by 2ndDivisionVet · 5 replies
    The Atlantic ^ | May 23, 2017 | Andrew Exum
    Celebrating their success in retaining blue-collar jobs is one way Republicans are winning the votes of working-class Americans. Whew! For once, one of my predictions was correct: Donald Trump had a great visit to Saudi Arabia. It was a great visit for him, it was a great visit for the Saudis and the other Arab Gulf states, and—last but not least—it was a great visit for magical, glowing orbs. I want to spend a little time talking about one of the reasons why the trip went so well. I’ll warn you: This is a somewhat taboo subject for progressive foreign-policy...
  • U.S.-Saudi Arabia Sign More Than $110B Arms Deal Amid Trump Visit

    05/20/2017 11:31:49 AM PDT · by Timpanagos1 · 19 replies
    NBC News ^ | 5/20/19 | ALI VITALI
    RIYADH, Saudi Arabia — On the first stop of his inaugural foreign trip, President Donald Trump signed his name Saturday to a nearly $110 billion arms deal with Saudi Arabia effective immediately — plus another $350 billion over the next 10 years. The White House trumpeted the agreement as a "significant expansion" of the two nation's "security relationship" that includes promises for future defense capabilities to support Saudi Arabia's defense needs.
  • Death spiral for cars. By 2030, you probably won’t own one

    05/15/2017 7:08:35 AM PDT · by rktman · 103 replies
    reneweconomy.com.au ^ | 5/9/2017 | Giles Parkinson
    By 2030, you probably won’t own a car, but you may get a free trip with your morning coffee. Transport-As-A-Service will use only electric vehicles and will upend two trillion-dollar industries. It’s the death spiral for cars. A major new report predicts that by 2030, the overwhelming majority of consumers will no longer own a car – instead they will use on-demand electric autonomous vehicles. By 2030, within 10 years of regulatory approval of autonomous electric vehicles (A-EVs), the report says, 95 per cent of all US passenger miles traveled will be served by on-demand, autonomous, electric vehicles that will...
  • Think you lack the skills needed to work at Volvo? Think again (2,000 jobs in S Carolina)

    05/13/2017 3:16:13 PM PDT · by 2ndDivisionVet · 22 replies
    WCIV-TV ^ | May 13, 2017 | Staff
    BERKELEY COUNTY, S.C. (WCIV) — Berkeley County leaders want everyone who wants to work at the upcoming Volvo plant to have their best chance. They're launching a program with Trident Technical College to provide training to county residents that will teach them everything they need to know to snag a manufacturing job. While the training doesn't guarantee a job at Volvo, it does give participants a leg up over someone who is just coming in off the street. "This pilot program shows that Berkeley County leaders are keeping our promises and connecting Berkeley County citizens with jobs," said Berkeley County...
  • Manufacturing CEO Says He’s Investing $2 Billion in US Because of ‘Confidence in Trump’

    05/06/2017 1:46:24 PM PDT · by ForYourChildren · 11 replies
    Washington Free Bacon ^ | 05/06/2017 | Andrew Kugle
    Australian billionaire and manufacturing CEO Anthony Pratt said Friday on Fox Business that he is investing $2 billion in the United States because he has "confidence" in President Trump. "We have enormous confidence in President Trump. He's doing a wonderful job, and we think he will continue to do a great job," Pratt said. "He's reducing unemployment. As we saw today, the job figures show unemployment is the lowest it's been for a decade, and he's supporting manufacturing." "And that's why we are doubling down on our investment in the United States, creating 7,000 high-paying manufacturing jobs, mainly in the...