DETROIT—The federal government plans to sell another 30 million shares of General Motors stock in a public offering today as it speeds up efforts to divest itself from a stake in the auto giant that it got in a bailout four years ago.
WHITSETT, SC—Lenovo, the world’s second largest seller of PCs, officially opened a new assembly plant here today. The facility is adding 115 manufacturing jobs and is on track to be in full production by the end of June.
NORWALK, CT—The Financial Accounting Standards Board has issued a proposal that would require companies to report equipment and building leases on their balance sheets.
EVANSVILLE, IN—Systems integrator Evana Automation Specialists recently delivered a clutch assembly line to American Axle & Manufacturing Inc. The line integrates both fully and semiautomatic processes.
BOSTON—You’ll never understand your robot until you walk a mile in its screws. A new MIT study reveals that when co-working humans and robots cross-train, productivity improves.
MORRISTOWN, TN—Medical device manufacturer Team Technologies Inc. is investing $11 million in its assembly plant here to rehore production. The company is expected to add 200 new jobs.
EVERETT, WA—Inside Boeing’s assembly plant here, two robots glide along tracks on either side of a 106-foot wing for the 777. The robots wash the wing, apply solvent to remove dirt, rinse and then spray two different types of paint. They even reach into complex spaces inside the open wing root that must be painted for corrosion protection.
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