List/Grid Tag Archives: manufacturing
Manufacturing activity surges in October (AP)
WASHINGTON – Manufacturing activity expanded last month at the fastest pace since May, driven by demand in the United States and abroad for cars, computers and other goods. The report signals that U.S.
After Strong Third-Quarter, Caterpillar Predicts $50 Billion in Sales and Revenues for 2011, an Industrial Info News …
Press Release Source: Industrial Info Resources On Friday October 22, 2010, 5:40 am EDT SUGAR LAND, TX–(Marketwire – 10/22/10) – Researched by Industrial Info Resources (Sugar Land, Texas) — Caterpillar Incorporated 1 (NYSE: CAT 2 – News 3 ) (Peoria, Illinois) reported third-quarter fiscal profits of $404 million, up a whopping 96% from the company’s earnings in the same period last year. Caterpillar has continued strong investments and capital projects in the face of the economic downturn.
Governor Quinn Highlights $5 Million Investment to Advance Renewable Energy in Illinois, Create Jobs – Chicago Heights Manufacturer and Partners Utilizing Federal Funding To Create Approximately 250 Jobs
CHICAGO – October 21, 2010. Governor Pat Quinn today highlighted a $5 million federal stimulus grant to Funk Linko, a Chicago Heights manufacturer that is retooling its equipment to produce low-emission and high-speed rail locomotives, and wind energy components.
Boeing Flies High on Strong Commercial Aircraft Sales in Third-Quarter 2010, an Industrial Info News Alert
Press Release Source: Industrial Info Resources On Thursday October 21, 2010, 5:30 am SUGAR LAND, TX–(Marketwire – 10/21/10) – Researched by Industrial Info Resources (Sugar Land, Texas) — The Boeing Company 1 (NYSE: BA – News 2 ) (Chicago, Illinois), a leading aerospace production and services 3 firm, reported steady growth in the third quarter of 2010, citing stronger commercial airplane deliveries and volumes. Net earnings were reported to be $837 million, compared with a net loss of $1.56 billion in the third quarter of 2009.
Intel Will Invest Up to $8B To Bring 22nm Chips to Market
The world’s largest chipmaker announced a major investment in infrastructure on Tuesday, pledging to spend between $6 billion and $8 billion to upgrade factories in Oregon and Arizona and build a new center for research and development. The Santa Clara, Calif.-based company, which has spearheaded 22-nanometer technology and boasts of manufacturing 10 billion transistors per second, says the investment will create as many as 1,000 new permanent jobs creating sleeker, better-performing devices with longer battery life.
Intel to spend up to $8B on US manufacturing (AP)
NEW YORK – Intel says it will spend $6 billion to $8 billion on new chip manufacturing technology in its U.S. factories and will build a new development plant in Oregon.
Premier: China won’t block rare earth exports (AP)
SHANGHAI – China is not using its control over supplies of rare earth — exotic metals crucial in advanced manufacturing — as a diplomatic “bargaining chip,” state media quoted Premier Wen Jiabao as saying during a visit to Europe. Recent reports that Beijing had temporarily suspended shipments to Japan of the metallic elements, used in computer disk drives, hybrid car components and other high-tech products, has drawn attention to China’s near monopoly on the materials.
Freudenberg Nonwovens’ Lutradur® ECO Helps Green the Environment in More Ways Than One
DURHAM, N.C., Oct. 1 /CHICAGOPRESSRELEASE.COM/ — 12.4 million.
Traders: China halts rare earth exports to Japan
TOKYO – China has halted exports to Japan of rare earth elements — which are crucial for advanced manufacturing — trading company officials said Friday amid tensions between the rival Asian powers over a territorial dispute. Japan imports 50 percent of China’s rare earth shipments.
Unemployment Rate Drops Again in August, Manufacturing Job Growth for Sixth Consecutive Month
CHICAGO – The Illinois seasonally adjusted unemployment rate dropped -0.2 points to 10.1 percent in August, according to data released today by the Illinois Department of Employment Security. August marks the eighth consecutive month to show steady or declining unemployment rates.