WASHINGTON--New orders for manufactured goods fell 0.1 percent in October from the month before, according to a report from the Commerce Department on Monday, but that was better than the 0.4 percent decline expected in a consensus estimate from analysts. This latest performance followed an upwardly revised September hike of 1.7 percent.
LAFAYETTE, IN--Subaru of Indiana Automotive unveiled its new Subaru Ascent, which will be manufactured at the automaker’s assembly plant here. To support the increased production, the company plans to create up to 200 new jobs by 2018.
COLOGNE, Germany--Visual management techniques inspired by Ford Motor Co. are being used at Europe’s biggest cancer-treatment facility here, while the hospital’s big-data techniques are helping the automaker design future vehicles.
DETROIT--Nissan Motor Co. will need to build a new factory if it keeps growing in the lucrative American auto market, says Jose Munoz, chairman of Nissan North America. The addition would have to be a standalone new factory because the company's existing plants in Tennessee and Mississippi are "maxed out," according to Munoz.
PITTSBURGH--A long-empty steel mill here will be revived as a robotics and manufacturing hub in spring 2019. The 178-acre Hazelwood Green site will house research, development and offices for Carnegie Mellon University's Manufacturing Futures Initiative and the nonprofit Advanced Robotics for Manufacturing Institute.
FORKS TOWNSHIP, PA--Mechanic pipe-joining-systems manufacturer Victaulic is investing tens of millions of dollars over the next two years to increase and modernize its operations here, according to John Malloy, president and CEO. The company is adding a second shift in 2018 that will create 45 to 50 new jobs.
WASHINGTON--The U.S. manufacturing sector has weathered a bumpy road over the course of the past two decades, but successfully righting the country's industrial ship would mean an economic windfall of $530 billion, according to a new report from The McKinsey Global Institute.
RSS
