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Toyota to increase San Antonio plant investment

August 2, 2005

Toyota Motor Manufacturing North America (TMMNA) announced today that it will invest an additional $50 million at its San Antonio plant currently under construction to allow for a 50,000 vehicle...

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President signs CAFTA

August 2, 2005

President Bush today signed the Central America Free Trade Agreement (CAFTA), which Congress approved last week by a two-vote margin.In his remarks at the signing, Bush said, "All of us in this room...

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Deere & Company fully acquires India joint venture

August 1, 2005

Deere & Company said today that it will acquire the remaining 50 percent share of its tractor joint venture in Pune, India—an operation that manufactures transmissions and diesel engines and...

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GM to cut prices on 30 of its 2006 models

August 1, 2005

General Motors today announced that it is lowering prices on 30 of its 2006 models. It also is redesigning vehicles and improving warranties or adding standard equipment to some vehicles.Called the...

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U.S. economy grew 3.4 percent in second quarter

July 29, 2005

Real gross domestic product (GDP)—the output of goods and services produced by labor and property located in the U.S.— increased at an annual rate of 3.4 percent in the second quarter of...

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DaimlerChrysler announces top management changes

July 28, 2005

Today, the Supervisory Board of DaimlerChrysler announced top management changes. Prof. Jurgen E. Schrempp, chairman of the Board of Management of DaimlerChrysler AG, will leave the company after 44...

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House passes CAFTA

July 28, 2005

The U.S. House of Representatives narrowly approved the U.S.-Central American Free Trade Agreement (CAFTA) (HR 3045) early today by a 217-215 vote. Only 15 of the House's 202 democrats supported...

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Job growth slows, but key vacancies hard to fill

July 27, 2005

Although employment growth was slower for manufacturing firms this month than last, employers are having more difficulty finding skilled applicants to fill key positions, according to new numbers from...

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Ball Corp. to convert line to meet specialty can demand

July 27, 2005

Ball Corp. announced today that it is converting a beverage can manufacturing line in its Monticello, Ind., plant from the production of 12-ounce beverage cans to a line capable of producing beverage...

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Durable goods orders rise in June

July 27, 2005

The U.S. Department of Commerce reported today that demand for durable goods grew by 1.4 percent in June to total $215.4 billion. This marked the third straight month that manufacturers have seen...

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Alcan opens new R&D facility in Australia

July 26, 2005

Alcan Inc. today announced the opening of its new alumina research and development (R&D) facility in Brisbane, Australia. The Queensland Research and Development Centre (QRDC) will develop new...

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Mass layoffs decline in June

July 26, 2005

In June 2005, employers took 1,175 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the Bureau of Labor Statistics of the U.S....

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U.S. House considers Trade Rights Enforcement Act

July 26, 2005

Today the U.S. House of Representatives is considering legislation to crack down on China and other countries that illegally subsidize their companies to give then a competitive advantage over U.S....

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Haldex to manufacture compressors in China

July 25, 2005

Stockholm, Sweden-based Haldex, a provider of components to the global automotive industry, announced today it has signed a license and manufacturing agreement with a subsidiary of ASIMCO Technologies...

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NAM urges grassroots action on death tax repeal

July 21, 2005

The National Association of Manufacturers (NAM) is urging all organizations and companies to fax the appropriate Senators to encourage them to vote to repeal the death tax permanently.In 2001 Congress...

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