News

Filter Content

First quarter economic growth revised upward

May 26, 2005

The economy grew at an annual rate of 3.5 percent in the first quarter of 2005, revised up 0.4 percentage point from the advance estimates released in April, according to the U.S. Bureau of Economic...

Continue Reading

Snow urges China to move on currency policy

May 26, 2005

Speaking before the Senate Banking Committee today, U.S. Treasury Secretary John Snow said that China should "move without delay" to change currency practices that U.S. manufacturers blame for soaring...

Continue Reading

SAE Foundation presents awards

May 25, 2005

The Society of Automotive Engineers (SAE) Foundation Banquet hosted more than 700 attendees who gathered at Renaissance Center Wintergarden in Detroit, May 24, to pay tribute to Dr. Shoichiro Toyoda,...

Continue Reading

Durable goods orders up 1.9 percent in April

May 25, 2005

New orders for manufactured durable goods increased $3.7 billion or 1.9 percent to $200.3 billion in April, the U.S. Census Bureau announced today. This followed a 1.6 percent March decrease....

Continue Reading

House approves provision requiring DoD to buy American

May 25, 2005

The U.S. House today approved legislation that requires the U.S. Department of Defense (DoD)to make more than 50 percent of its purchases from companies operating in the U.S. The provision, part of an...

Continue Reading

Lincoln Electric appoints president of J.W. Harris

May 24, 2005

Lincoln Electric Holdings Inc. has appointed David J. Nangle as president of J.W. Harris Co. Inc., the company's recently acquired manufacturer of brazing and soldering alloys. In this new position,...

Continue Reading

Survey shows manufacturing hiring up in May

May 24, 2005

According to new numbers from the Leading Indicator of National Employment (LINE), manufacturers were more successful in May than in previous months at locating and hiring the skilled workers they...

Continue Reading

Alcan employee is "Best Communications Executive"

May 23, 2005

Alcan Inc. has announced that its vice president of corporate communications, Elisabeth Vassallucci, has received the International Business Award for "Best Communications Executive" in 2004....

Continue Reading

Whirlpool recognized for developing leaders

May 23, 2005

Whirlpool Corp. has been named to the 2005 list of Top 20 U.S. Companies for Leaders, making this the second consecutive year the company has been acknowledged for its focus on developing leaders...

Continue Reading

Hyundai holds first U.S. plant grand opening

May 20, 2005

Mong-Koo Chung, chairman of Hyundai Automotive Group, and Alabama Governor, Bob Riley, gathered with elected officials in Montgomery, Ala. today to celebrate the grand opening of Hyundai Motor...

Continue Reading

U.S. House approves Buy American legislation

May 19, 2005

On May 18, the U.S. House of Representatives approved legislation requiring the U.S. Department of Homeland Security to make more than 50 percent of is purchases from companies operating in the U.S....

Continue Reading

Steel industry reaches energy efficiency milestone

May 19, 2005

The American Iron and Steel Institute (AISI) reported today that the U.S. steel industry has achieved a new milestone in energy efficiency by reducing its energy intensity per ton of steel shipped by...

Continue Reading

Wheeling-Pittsburgh promotes managers

May 17, 2005

Wheeling-Pittsburgh Steel Corp. has promoted three management employees to newly created positions.Ron Shoemaker, who had been manager of engineering, EAF Project, was promoted to general manager,...

Continue Reading

Georgetown, Ky., plant to build Camry hybrid

May 17, 2005

Toyota Motor Manufacturing North America (TMMNA) today announced the company's first North American gas-electric hybrid production will be at its Georgetown, Ky., plant—Toyota Motor...

Continue Reading

AK Steel announces June surcharges

May 16, 2005

AK Steel has advised its flat-rolled carbon steel customers that a $213 per ton surcharge will be added to invoices for products shipped in June 2005. The company also has advised its electrical steel...

Continue Reading