WASHINGTON-The Navy decision to cancel a $20 billion plan for a new fleet of destroyers is throwing into question the future of the Bath Iron Works shipyard in Maine. MORE
DEARBORN, MI-Ford Motor Co. is going to assemble six of the cars it currently manufactures overseas in the United States to meet growing demand for more fuel-efficient vehicles. MORE
CHARLOTTE, SC-Thomasville Furniture plans to hire more than 100 employees at its only remaining U.S. wooden furniture plant, a striking change in an industry that has seen thousands of jobs go overseas in recent years. MORE
NEW YORK-Volkswagen, Peugeot-Citroen and Fiat are continuing to report strong sales thanks to increased demand for smaller, more fuel efficient vehicles. MORE
MARYSVILLE, MI-Precision Automation and Robotics India, a robotics and automation company, is building an automated assembly system for Chrysler Group’s axle assembly plant here. The system is expected to come on-line in March 2009. MORE
FORT SMITH, AR-Fort Smith welcomed the news of three economic announcements July 21: * Fishing lure manufacturer Pradco-Fishing will build a $21 million facility at Fort Chaffee.
* QualServ Corp., a manufacturer of commercial cabinetry, will move its corporate headquarters to Fort Smith.
* Airgun manufacturer Umarex USA will expand its operations at Fort Smith by moving to a new 65,000-square-foot facility, also at Fort Chaffee.
LINCOLN, AL-Honda Motor Co., the only large automaker to gain U.S. sales this year, will boost North American output of its Civic small car on increased demand and build fewer Odyssey minivans and Pilot sport utility-vehicles. MORE
RSS