WEAVERVILLE, NC-Baldor Electric Co. plans to expand its mechanical power transmission components manufacturing plant here. Over the next three years, the project will involve the investment of nearly $5 million and will add 32 or more highly skilled technical positions to the workforce which now numbers around 130. MORE
CHICAGO-Boeing’s purchase of Vought Aircraft Industries’ North Charleston, SC, plant
could be the first step toward creating a new 787 final assembly plant outside
of Washington State. MORE
MOBILE, AL-A South Korean company says Alabama is one of five states it is considering for an electric vehicle manufacturing plant that will create 2,600 jobs over the next five years. CT&T Co. Ltd. will decide by September among sites in Alabama, Georgia, North Carolina, South Carolina and California. MORE
NORTH KINGSTOWN, RI-A Rhode Island man was killed last week while working at the Electric Boat Corp. assembly plant here. North Kingstown police said the 31-year-old worker, who was not identified, had been using a transport device to move a section of steel outside. When it started raining, the steel had to be moved back inside. The machinery was not moving as the worker got out. But he became trapped between it and a large door that was being closed. MORE
CHICAGO-Boeing has acquired the Vought
facility in South Carolina that has been the source of many of the delays
currently plaguing the 787 Dreamliner program. MORE
WASHINGTON-New signals the recession could be nearing a bottom emerged last week in figures showing that orders to U.S. factories surged in May for everything from computers to aircraft, and that a gauge of business investment rose by the most in nearly five years. MORE
POCATELLO, ID-The Obama administration has offered more than $15 million to go towards a Pocatello assembly plant. Nordic Windpower of Pocatello will receive a multimillion dollar loan from the Department of Energy. The money will go toward scaling up its assembly plant in the Gate City and purchasing more equipment. MORE
TOKYO-Toyota Motor Corp. plans to spend nearly
$500 million to upgrade its Indiana assembly plant, so that it will be able to
build Highlander and Sequoia SUVs on the same line.
MORE