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Home » Topics » Assembly Breaking News

Assembly Breaking News
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Indian Industrial Production Lagging

November 12, 2007
NEW DELHI, India-India's industrial production grew at the slowest pace in 11 months in September as decade-high interest rates crimped consumer demand and a stronger currency made exports less competitive. MORE
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Ford, UAW Deal Getting Positive Reception

November 12, 2007
DEARBORN, MI-Two large UAW locals in Kentucky and Indiana are reported to have passed the tentative 4-year labor contract with Ford Motor Co. by an overwhelming majority, lending momentum toward a swift ratification. MORE
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Airbus Lands Major Order

November 12, 2007
TOULOUSE, France-The European airplane consortium Airbus has landed a massive $31 billion deal to sell 70 A350 and A380 jets to Emirates airlines. MORE
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Camera Factory Coming to Vietnam

November 9, 2007
TOKYO-Camera manufacturer Olympus Corp. will invest $44 million to build a new digital-camera plant in Vietnam. Construction will begin in the latter part of 2008. MORE
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Disney Looking into China Abuse Allegations

November 9, 2007
HONG KONG-Media giant Walt Disney is investigating allegations of labor abuse at one of its factories in China. MORE
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Aircraft Plant Coming to Georgia

November 9, 2007
ATLANTA-True Flight Aerospace is investing $3.8 million to build a new 60,000-square-foot manufacturing adjacent to the airport in Valdosta, GA. MORE
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Ford Beats Analysts' Forecasts

November 8, 2007
DEARBORN, MI-Ford Motor Co. narrowed its loss to $380 million, beating analysts' estimates for the second straight quarter, as it boosted sales and pared costs through plant closings and job cuts. MORE
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Airbus, EADS Still in Tailspin

November 8, 2007
TOULOUSE, France-Airbus parent EADS has acknowledged its ongoing restructuring plans are failing, as delays in a major military project pushed it to a deeper quarterly loss. MORE
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Transformer Plant Coming to Georgia

November 8, 2007
ATLANTA-European automated systems manufacturer Group EFACEC will invest $100 million in a new facility to assemble state-of-the-art electrical transformers. MORE
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U.S. Productivity Surges 4.9 Percent

November 7, 2007
WASHINGTON-The Labor Department is reporting that productivity in the July-September quarter was double the 2.2 percent rise in the second quarter and represented the fastest surge in worker efficiency since 2003. MORE
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