MONTGOMERY, AL-A former Chinese carmaker planning a hybrid car assembly plant in Alabama has lined up a veteran engineering and design firm while still trying to put together $1.5 billion in financing for the project. HK Motors wants to open an Alabama plant in 2013 that will provide 4,000 jobs. MORE
MOSCOW-Russia’s reported richest man Mikhail Prokhorov plans to mass-produce low-cost electric cars. The multi-billionaire wants to open a new car assembly plant in St Petersburg in partnership with a local truck manufacturer. MORE
STERLING HEIGHTS, MI-Chrysler is negotiating to buy the Sterling Heights Assembly Plant from its bankruptcy estate and save about 1,200 jobs that were expected to be eliminated at the end of 2010. MORE
CHARLOTTE, NC-BACE, a manufacturer of heavy-duty balers and compactors for the recycling and waste management industry, has added an additional 35,000 square feet of space at its assembly plant here. MORE
NORTON SHORES, MI-Wacker Neuson, a manufacturer of compact construction machines, has expanded its assembly operation here. The company has invested some $262,000 in new machinery and equipment to provide additional operations. MORE
WASHINGTON-American manufacturing expanded in January at its fastest pace since August 2004, according to the Institute for Supply Management. Factories are stepping up production and companies are spending more on capital equipment. The pace of global manufacturing is also picking up in response to faster economic growth. MORE
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