LANSING, MI-GM will receive $2.78 million in tax credits over the next five years as a resolution to its tax appeals related to the Lansing Delta Township assembly plant. MORE
ERIE, PA-Accuride Corp. has successfully reached a new collective bargaining agreement with the union representing approximately 215 hourly workers at its aluminum wheel manufacturing facility here. MORE
BLOOMINGTON, IN-A refrigerator assembly plant here is the latest central Indiana company to apply for foreign trade zone status, which could save the company costly import duties on raw materials. MORE
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