Manufacturing news
November 2002
October’s increase in durable goods shows manufacturing is stronger
Excluding transportation, orders for durable goods increased by 2.4% in October, according to the Commerce Department’s latest report.
27 Nov 2002 19:38
Supplier buys Boeing plant
The Boeing Company has announced the completed sale of its Spokane, Wash. facility to Triumph Group, a Wayne, Penn.-based diversified aircraft-components supplier.
26 Nov 2002 21:54
US economy gains footing with port truce
Major players in the West Coast port stoppage dispute, the Pacific Maritime Association and the International Longshore and Warehouse Union, reached a compromise this Christmas season when the two parties agreed on a labor contract to avoid another stoppage.
26 Nov 2002 21:35
EPA revises pollution laws
The Bush administration has unveiled revisions to the Environmental Protection Agency’s (EPA) pollution regulations that will let owners of old facilities, refineries, and power plants expand their facilities without having to meet the expensive and stringent pollution requirements.
25 Nov 2002 21:55
Philadelphia’s fed index recovers; new orders surge
The mid-Atlantic region’s gauge for manufacturing production, Philadelphia’s Federal Reserve index, far exceeded economist’s expectations in November as it rose to 6.1, up from -13.1 in October.
22 Nov 2002 21:01
Hyundai acquires dealer inventory management system, SmartStock
Hyundai plans to furnish dealers with an inventory management system, SmartStock, in an effort to enhance customer service and achieve same-day repairs.
21 Nov 2002 20:52
Toyota coordinates the development of CA fuel cell community
Toyota Motor Sales (TMS) announced it will launch a program in December to help establish a fuel cell hybrid-electric vehicle community in California between government, education, and industry.
20 Nov 2002 23:09
General Dynamics outfits US Army truck with fuel cell power unit
General Dynamics C4 Systems has delivered the first-ever fuel cell-based auxiliary power unit to SunLine Transit Agency for installation in the 21st century truck.
19 Nov 2002 17:22
Boeing unveils the first 777-300ER jet
The new Boeing 777-300ER jetliner has just rolled off the production line at the company’s Everret, Wash. facility.
15 Nov 2002 17:15
Raytheon awarded $16.5M dipping sonar contract
Naval Air Systems Command has awarded Raytheon a $16.5 million contract for the initial low-rate production of four AN/AQS-22 dipping sonars.
14 Nov 2002 17:24
Sharp to produce solar products in US
Sharp Electronics Corporation has announced that it will construct a manufacturing facility for solar products in the US.
14 Nov 2002 21:36
Greenspan says economy is softening
Alan Greenspan, US Federal Reserve chairman, issued a warning that sinking stock prices and growing concerns of war with Iraq are causing the economy to weaken further, despite its proven resiliency over the past year.
13 Nov 2002 18:58
Mitsubishi to consolidate North American operations
Pierre Gagnon, president and CEO of Mitsubishi Motors America, confirmed that plans to consolidate all North American sales, manufacturing, finance, and R&D operations into a single organization are on schedule.
13 Nov 2002 21:18
Delphi collaborates with DaiMay
Delphi has committed to expanding its global reach by signing a teaming agreement with Zhejiang DaiMay Polyurethane, a Chinese steering wheel manufacturer.
12 Nov 2002 21:52
TRW’s Aqua spacecraft gains recognition
Popular Science magazine has named TRW’s Aqua spacecraft, NASA’s second earth observing system satellite, as one of this year’s best innovations in aviation and space technology.
12 Nov 2002 20:33
Fed drops rates to offset jobless recovery
In response to October’s steady unemployment rate of 5.7% and other continuing signs of weakness in the economy, the Federal Reserve slashed interest rates 50 basis points to 1.25%, the lowest level since the Presidency of John F. Kennedy.
11 Nov 2002 19:18
Northrop Grumman receives $34.2M US Air Force contract
Northrop Grumman’s Integrated Systems was awarded a $34.2 million contract by the US Air Force for the initial phase of the B-2 radar Pathfinder program.
11 Nov 2002 21:43
Annual APICS show held in Nashville
Over 3,000 key manufacturing players attended the annual APICS conference held in Nashville, Tenn. from October 27 to 30.
09 Nov 2002 20:22
US productivity levels rise
The Labor Department today reported a rise in productivity levels for the third quarter.
07 Nov 2002 16:40
BAE Systems delays flight of Nimrod
The MoD has called for an audit of the £2 billion upgrade of the RAF’s fleet of maritime patrol aircraft.
06 Nov 2002 9:20
Lockheed Meets Tight Schedule for F-16s to Greece
Despite a short schedule, Lockheed Martin has delivered the first of 60 advanced F-16s to Greece on time.
06 Nov 2002 14:57
New NAM Chair Calls for Strong Leadership
The secret to good management—whether of a company or a country—is to build on strength, said the new chairman of the National Association of Manufacturers, Archie Dunham, at a National Press Club luncheon today.
05 Nov 2002 21:55
UAW files charges against Peterbilt
The UAW has filed unfair labor practice charges against Peterbilt Motors, the Seattle-based heavy truck manufacturer.
05 Nov 2002 16:20
Alabama Mercedes-Benz Plant Gets Visit from Commerce Secretary
Secretary of Commerce Donald Evans and Assistant Secretary Maria Cino spent last Friday at the Mercedes-Benz plant in Tuscaloosa, Alabama.
04 Nov 2002 17:23
US New Orders Fall in September
For the second consecutive month, new orders for manufactured goods has fallen.
04 Nov 2002 21:02
Another US economic indicator slips
Following yesterday’s news of the drop in the National Association of Purchasing Management-Chicago’s business barometer to 45.9 (from 48 in September), the Institute for Supply Management reports its PMI index has declined for the second consecutive month.
01 Nov 2002 16:21
Auto conference proceeds to benefit education
Approximately $700,000 worth of proceeds from Convergence 2000 will be donated to the Convergence Education Foundation, an initiative to increase the number of grade school students who choose science or math as a lifelong career.
01 Nov 2002 20:22
ZAP makes offer on Ford electric vehicles
Electric vehicle maker ZAP has announced an offer to acquire Ford’s Think electric vehicle assets.
01 Nov 2002 20:22
Extra eyes for technicians
A new device that will enable factory workers to have an extra set of eyes in the front of their head was rolled out by Westwood, Mass.-based MicroOptical last month.
01 Nov 2002 11:57
Hopes rise for new auto plant
Hopes have risen that DaimlerChrysler will go ahead with developing a “world class” auto plant in Windsor, Ontario following a new labor agreement with 12,500 of its Canadian workers.
01 Nov 2002 12:19
New Boeing satellite to boost space communication
Final preparations are under way for the launch this month of a new satellite that will boost continuous, high-data-rate communication with the Space Shuttle, the International Space Station, and dozens of unmanned scientific satellites in low-Earth orbit, including the Hubble Space Telescope.
01 Nov 2002 12:41
Orders for goods are “sluggish”
Latest government figures tracking the value of new orders for manufactured goods suggest that July’s apparent recovery may have stalled.
01 Nov 2002 12:21
Steelmaker heads for profit breakthrough
The controversial tariffs that President Bush slapped on foreign steel imports last March seem to be hitting home, with the US’s largest steelmaker poised to make an annual profit for the first time since 1999.
01 Nov 2002 12:25
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01 Nov 2002 17:11