WASHINGTON—Applications for unemployment insurance payments decreased by 5,000 to 330,000 in the week ended Jan. 19, the fewest since the same week in 2008, according to the Labor Department.
DETROIT—Sales of lithium ion batteries are expected to grow from $1.6 billion in 2012 to $22 billion by 2020, according to a report from Pike Research.
SIOUX CITY, IA—Sabre Industries celebrated completion of a $20 million assembly plant here, part of a multiphase expansion that is doubling the company’s workforce in the area. The manufacturer of large electrical and communication transmission equipment expects to add about 200 jobs.
SEATTLE—Boeing will continue to produce 787s as it works to get the grounded planes back flying again. Boeing’s newest jet was grounded worldwide last week after one plane suffered a battery fire.
WASHINGTON—Some 16.2 million vehicles were recalled last year, a 4.5 percent increase compared with 2011, according to the National Highway Traffic Safety Administration.
DETROIT—General Motors is planning to invest approximately $1.6 billion in its North American manufacturing facilities during 2013, in a bid to unveil about 20 new models during the year.
CLEVELAND—The CNH tractor assembly plant in Wichita, KS, and the Ethicon medical device assembly plant in San Lorenzo, Puerto Rico, are among six U.S. factories picked as IndustryWeek’s “Best Plants.”
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