Manufacturing news
July 2003
Surge in US GDP
The US economy has surged by 2.4 per cent in the last quarter.
31 Jul 2003 16:04
Goodyear affected by high raw material prices
Goodyear has reported second quarter losses of $73.6 million.
30 Jul 2003 16:18
More losses predicted for Axcelis
Axcelis Technologies have announced second quarter losses of $78.9 million.
30 Jul 2003 16:53
Boeing loses contract because of spying
The US Air Force has withdrawn $1 billion dollar worth of contracts from Boeing and given it to rivals Lockheed Martin due to spying.
25 Jul 2003 16:24
Invensys continues restructure with the sale of Baan
The troubled UK engineering firm Invensys has sold Baan to SSA Global Technologies (SSA GT).
23 Jul 2003 17:12
Thousands more to lose jobs at Boeing
Beleaguered US defence and aerospace group Boeing has said it will cut a further 5000 jobs in its commercial aircraft division.
18 Jul 2003 10:11
Two new manufacturing plants for Mississippi
Mississippi will soon get two new manufacturing plants. The British company Corus Bi-Steel announced plans for a $27 million plant in Moss Point.
18 Jul 2003 10:13
Boeing takes space hit
The Boeing Company (NYSE: BA) announced today that as a result of continued weakness in the commercial space launch market, higher mission and launch costs on its Delta IV program,and cost growth in its satellite businesses, the company will recognize pre-tax charges of approximately $1.1 billion, or $0.87 per share, when it announces
second quarter results on July 23.
15 Jul 2003 13:22
US Steel loses out
US Steel has failed to win exclusive bargaining rights in the privatization of Poland's state owned steel group Polskie Huty Stali.
15 Jul 2003 13:13
Pride Manufacturing to expand
Pride Manufacturing Company of Guilford is expanding following its purchase of a Vermont-based wood products manufacturer.
10 Jul 2003 10:54
Competition forces global expansion
Supply chains continue to expand
01 Jul 2003 10:40
ECONOMIC INDICATORS
New orders decrease 2.9 percent in April
01 Jul 2003 10:36
Hard times for software supplier
Business software vendor Siebel Systems is to lay off 490 staff, 9 percent of its workforce, in response to disappointing financial results and declining software sales.
01 Jul 2003 9:34
Lower interest rates, competition drive down costs
Logistics costs fall for second straight year
01 Jul 2003 10:33
Perception gap in disaster recovery
Business leaders and IT executives have a totally different perception of their organization’s vulnerability to disaster, according to an EMC survey.
01 Jul 2003 12:22
Record deficit for troubled economy
The US economy continues to falter, but the Bush administration hopes for growth in the coming months to reduce a soaring federal deficit.
01 Jul 2003 11:38
SECURITY: New study gauges readiness for threats
Security lacking at many facilities
01 Jul 2003 10:29
Strong leaders will steer your program
Strong leaders drive lean gains
01 Jul 2003 10:38
US and Europe should lead international trade reform
The British Chancellor Gordon Brown has called on the US to help spearhead a new transatlantic alliance for prosperity by breaking down trade barriers.
01 Jul 2003 11:23