PEORIA, IL-Caterpillar Inc. officials said Thursday they don’t expect a double-dip recession because the world’s central banks haven’t made major errors and the economy has been improving throughout 2010, especially in the developing world. MORE
WASHINGTON-Cash-rich U.S. corporations are sharply increasing their capital spending this year after scaling back drastically during the economic downturn. MORE
SEARCY, AR-SN Tech Inc., a manufacturer of electronically commutated electric motors, has formed a partnership with ElectroCraft Arkansas Inc. to produce a green motor at ElectroCraft’s assembly plant here. The companies will hire about 55 new employees combined. MORE
CUMBRIA, United Kingdom-The OKI Data assembly plant here has reduced its use of electricity by roughly 600,000 kilowatt-hours, an amount equivalent to 17 percent of the electricity it consumed in 2007. MORE
FLETCHER, NC-Continental Teves is expanding and
looking to hire 100 people in the next seven months for positions ranging from
assembly line workers to engineers. MORE
STATESBORO, GA-Great Dane will locate its new
refrigerated trailer plant here, company officials have announced. The manufacturing
facility will produce 5,000-plus trailers annually and employ more than 400
workers when it opens in 2012. MORE
MISHAWAKA, IN- AM General plans to continue
building Humvees into next year at a northern Indiana factory despite U.S.
military plans to move on to a new tactical vehicle. MORE
JOHANNESBURG-The National Union of Metalworkers
of South Africa went on strike on Tuesday after the Automobile Manufacturers
Employers Organisation refused workers' demands for a 15% wage increase. MORE
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