DETROIT-A U.S. bankruptcy court judge
has approved the sale of most of General Motors Corp.’s
assets to NGMCO Inc., an entity funded by the U.S. Treasury
Department. MORE
SAN FRANCISCO, CA-Sunworks Solar LLC has been allocated 5 megawatts of low-cost hydropower to encourage the construction and operation of a $200 million solar panel manufacturing plant in western New York state. The new facility would create an estimated 175 permanent jobs and 300 construction jobs. MORE
CHATTANOOGA, TN-Construction of Volkswagen’s auto assembly plant moved ahead this week. Schneider Electrical Inc. (Palatine, IL) has won a $3.64 million contract for electrical work on the plant’s heating and cooling building. In addition, Gestamp Corp., a Tier One supplier, announced plans to build a $90 million plant nearby to supply VW with stamped parts and welded assemblies. MORE
DALE, IN-In response to growing demand for its custom material handling products, Universal Package Systems has expanded its facility here with a 9,000 square foot addition. The new space houses a variety of manufacturing equipment, including routers, saws, and welders used in to customize containers. MORE
MACUNGIE, PA-Mack Trucks will move its highway vehicle assembly line to the Lehigh Valley this fall, but the move will not immediately create jobs because of weak demand. The shift, which will happen between September and November, means all Mack Trucks will be made in the Lehigh Valley. MORE
HARBIN, China-European aircraft maker Airbus has
begun construction of a $350 million component plant to support its A320 jetliner
assembly operations in the region. MORE
DETROIT-General
Motors has reported a 38 percent rise in sales in China in the first half of
the year as demand for minivans and other small vehicles continues to grow. MORE
NEW DELHI, India-Cars and trucks bearing well-known names could soon arrive in the United States with “Made in India” on the window sticker. Automakers from around the world are already exporting Indian-built vehicles to Europe, the Middle East and the rest of Asia. MORE
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