List/Grid Tag Archives: manufacturing
AP Analysis: Economic stress is easing more slowly (AP)
WASHINGTON – Two-thirds of U.S. counties became economically healthier in May, thanks to more manufacturing jobs in the Midwest and fewer home foreclosures in the Sun Belt, according to The CHICAGOPRESSRELEASE.COM’ monthly analysis of conditions around the country.
Jobless claims drop but remain at elevated levels (AP)
WASHINGTON – Initial claims for jobless benefits fell by the largest amount in two months last week, but remain above levels consistent with healthy job growth. Despite the drop of 19,000, claims are at about the same level they were at the beginning of the year.
SEL Group Enters Madhya Pradesh, India With Rs 800 Crores Investment, Plans to Raise $50 Million GDR.
MUMBAI, June 18, 2010 /CHICAGOPRESSRELEASE.COM/ — Ludhiana based SEL Manufacturing Company Limited has planned Rs 800 crores textile plant near Bhopal, Madhya Pradesh.Chairman and managing director, SEL Neeraj Saluja said that the spinning plant at Madhya Pradesh would have an installed capacity of 195840 numbers of spindles. “To continue this aggressive growth, the company plans to raise $50 million through global depository receipts (GDR).
Unistrut a Perfect FIT for 100kW Solar Project in Ajax, Ontario
Energy Solutions Division in Canada helps a municipality meet Feed-in Tariff and LEED requirements AJAX, Ontario, June 14 /CHICAGOPRESSRELEASE.COM/ — Unistrut Energy Solutions division of Unistrut Canada Limited recently completed the installation of the mounting structure for a 100 kilowatt-hour (kW) solar power project on the new 50,000 square foot Operations and Environmental Services building for the Town of Ajax. The selection of Ajax-based Unistrut helped the Town meet the requirements of Ontario’s Feed-in Tariff (FIT) program and certification as a Leadership in Energy and Environmental Design (LEED) building.
The Conference Board® Japan Business Cycle Indicators(SM)
The Conference Board Leading Economic Index® (LEI) for Japan and Related Composite Economic Indexes for April 2010 NEW YORK, June 10 /CHICAGOPRESSRELEASE.COM/ — The Conference Board Leading Economic Index ® (LEI) for Japan decreased 0.1 percent. The Conference Board Coincident Economic Index ® (CEI) increased 0.2 percent in April.
SMTC Adopts Rights Plan to Preserve Valuable Tax Assets Potentially Worth up to $2 per share
TORONTO, June 8 /CHICAGOPRESSRELEASE.COM/ – The Board of Directors of SMTC Corporation (Nasdaq: SMTX, TSE: SMX), a global electronics manufacturing services provider, announced today that the corporation has adopted a tax benefits preservation shareholder rights plan (“rights plan”) designed to protect the Company’s approximately $100 million in U.S. federal net operating loss carry-forwards (NOLs), under Section 382 of the Internal Revenue Code.
Art’s Way Scientific – Buildings For Science – Names Scott Helms as Sales Associate
ARMSTRONG, Iowa, June 8 /CHICAGOPRESSRELEASE.COM/ — Art’s Way Manufacturing, Inc. (Nasdaq: ARTW ), a leading manufacturer and distributor of niche agricultural machinery, equipment and services, announces its wholly owned subsidiary, Art’s Way Scientific, Inc.
Factory orders post 1.2 percent April increase (AP)
WASHINGTON – Orders to U.S. factories posted a moderate increase in April as a big surge in demand for commercial aircraft offset weakness in a number of other areas.
ESCO Announces Strategic Australian Acquisition
PORTLAND, Ore., June 1 /CHICAGOPRESSRELEASE.COM/ — ESCO Corporation (USA), a leading global provider of wear parts and attachments for the mining and construction industry, has accelerated its expansion into Australia with the pending acquisition of the Service/Engineering and Mining Product divisions of Swift Group. This is a key development in ESCO’s plan to establish a national customer service, supply chain, and manufacturing network in Australia.
As oil spills, Obama touts alternative energy (AP)
SAN FRANCISCO – With the massive oil spill in the Gulf of Mexico calling into question his plans to expand offshore drilling, President Barack Obama looks Wednesday to highlight the benefits of alternative energy sources. Obama was to tour Solyndra Inc., a solar panel manufacturing facility in northern California, where he also planned to speak to workers about how expanding the clean energy sector can create jobs and aid the nation’s economic recovery.