Manufacturing news
December 2005
Kaiser Aluminum and Boeing reach long-term agreement
Kaiser Aluminum has signed a new long-term contract with Boeing to supply heavy gauge aluminum plate for use in Boeing commercial aircraft products.
23 Dec 2005 14:07
Koch Industries finalizes Georgia-Pacific purchase
Koch Industries, Inc. has successfully completed its $21 billion acquisition of Georgia-Pacific Corp.
23 Dec 2005 14:14
Economy expands at 4.1 percent
Final figures announced today by the Commerce Department for gross domestic product (GDP) in the third quarter, show the economy expanded at 4.1 percent, compared with 3.3 percent in the second quarter of 2005.
21 Dec 2005 17:31
Toyota taking over
Toyota is on the verge of overtaking General Motors as the world’s largest automaker. Having displaced Ford as No. 2 in 2003, Toyota has continued to grow, while GM’s market share has been falling.
21 Dec 2005 16:16
Delphi comes back to the table
Auto parts maker Delphi reaffirmed today its commitment to reaching a consensual agreement with its unions and General Motors on a comprehensive restructuring of its operations.
19 Dec 2005 22:09
PPG to make electronic windows for Dreamliner
Aerospace manufacturer Boeing has selected PPG Aerospace, a business unit of PPG Industries, to provide so-called “electrochromic” windows for the passenger cabin of its 787 Dreamliner.
16 Dec 2005 22:18
3M to acquire Siemens Ultrasound's Flexible Circuit division
3M announced it has entered into an agreement to acquire the Siemens Ultrasound Division's flexible circuit manufacturing line.
15 Dec 2005 20:32
Production jumps as nation recovers from hurricanes
Industrial production increased a strong 0.7 percent in November after a gain of 1.3 percent in October, helped along by the ongoing recovery of petrochemical and energy-related industries affected by recent hurricanes, the Federal Reserve reported today.
15 Dec 2005 21:11
DuPont settles with EPA over Teflon allegations
Chemical maker DuPont today announced it has reached a settlement agreement with the US Environmental Protection Agency in the amount of $10.25 million in fines and $6.25 million for environmental projects, to settle allegations in an enforcement action related to the toxic chemical compound perfluorooctanoic acid (PFOA), used to make Teflon.
14 Dec 2005 20:54
Lockheed Martin nabs S-3 vendor-support contract
Lockheed Martin was awarded its second S-3 aircraft Prime Vendor Support (PVS) program contract by the US Navy, a contract valued at $21.7 million with a ceiling of $28.5 million.
13 Dec 2005 22:13
Boeing sells F-15s to Singapore
The government of Singapore awarded Boeing a contract to produce 12 F-15SG aircraft to be the country’s next generation replacement fighter jet, and an option for eight additional aircraft at a future date.
12 Dec 2005 20:35
Raytheon hires former US Navy fleet commander
Military contractor Raytheon has appointed retired US Navy Admiral Walter F. Doran to the position of Navy Service Executive.
09 Dec 2005 21:07
Boston Scientific recalls 40,000 angioplasty devices
Boston Scientific announced that it was recalling 40,000 Flextome Cutting Balloon systems, used to penetrate fatty deposits in diseased arteries, due to malfunctions reported during surgical procedures.
08 Dec 2005 21:31
New GM vice chairman and CFO named
Frederick “Fritz” Henderson, chairman of GM Europe and a GM group vice president, has been elected GM’s vice chairman and chief financial officer by the GM Board of Directors, effective next month.
07 Dec 2005 20:04
New orders take flight at US factories
The US Department of Commerce announced that new orders at US factories climbed $8.6 billion, or 2.2 percent in October, following a 1.4 percent drop in September, due in large part to increased demand for aircraft.
06 Dec 2005 21:42
La-Z-Boy seats new president
La-Z-Boy today announced the appointment of Mac McCall as president of its Clayton Marcus upholstery unit.
05 Dec 2005 22:01
Boeing sells 16 jetliners to Hong Kong airline
Boeing confirmed that Hong Kong-based airline Cathay Pacific Airways has announced commitments for 16 Boeing 777-300ER (Extended Range) jetliners and purchase rights for 20 more of the jetliners.
02 Dec 2005 21:23
FKI Logistex wins Shanghai contract
FKI Logistex, a global leader in integrated material handling solutions, has won a $40 million contract to supply the baggage handling system for the new Shanghai Pudong International Airport Terminal 2 in China.
01 Dec 2005 21:15
A stitch in time
Textile agreement
01 Dec 2005 14:58
Cisco Systems networks with Scientific-Atlanta
ELECTRONICS: A network giant stregthens its hand in the video market
01 Dec 2005 15:01
In brief
In brief
01 Dec 2005 15:00
Senate: $106 million for MEP
GOVERNMENT: MEP gets more money for manufacturers
01 Dec 2005 14:57