SHREVEPORT, LA-Faulty microchips made in China have forced GM to shut down its plant here for one week starting April 19. The microchips were designed for the GMC Canyon and Chevrolet Colorado. MORE
SPARTANBURG, SC-BMW is cutting production at its assembly plant here, because the volcanic eruption in Iceland has disrupted delivery of key parts for two SUVs. MORE
WEST MELBOURNE, FL-Lockheed could open a new manufacturing facility here, creating 100 new jobs. This $1.6 million expansion project would produce surveillance and reconnaissance equipment for the Army. MORE
NEW YORK-A gauge of future economic activity jumped 1.4 percent in March, the fastest pace of growth in 10 months. The rise in the Conference Board’s index of leading economic indictors suggests economic growth is likely to continue for the next three to six months. MORE
WASHINGTON-Toyota has agreed to pay a record $16.4 million fine for failing to properly notify federal authorities about a dangerous accelerator pedal defect. MORE
INDEPENDENCE, OH-Metalforming companies expect business conditions to remain steady during the next three months, according to the Precision Metalforming Association (PMA) Business Conditions Report. MORE
NEW YORK-The economic recovery for the U.S. industrial sector is outpacing the national economy, according to ThomasNet’s Industry Market Barometer. MORE
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