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U.S. Steel announces management changes

August 5, 2005

United States Steel Corp. today announced two key management changes, effective August 1. Sharon K. Kelley has been named plant manager of the Midwest Plant in Portage, Ind., and William J. Kelly has...

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U.S. steel consumption, prices to fall; aluminum to rise

August 4, 2005

Decreased demand and higher imports will lead to lower overall spot steel prices in 2005 compared with 2004, said Standard & Poor's in its semi-annual survey on the industrial metals industry,...

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Caterpillar, Land Rover form alliance

August 4, 2005

Caterpillar Inc. and Land Rover have signed a Memorandum of Understanding in which Caterpillar Remanufacturing Services will act as Land Rover's lead global remanufacturing services provider. The...

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U.S. Steel appoints vice president–automotive

August 4, 2005

United States Steel Corporation has advanced Peter J. Alvarado to the position of general manager-automotive and vice president U. S. Steel International with responsibility for the company's...

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Worker confidence holds steady, layoff concerns drop

August 3, 2005

Confidence among U.S. workers rose for the second straight month as concerns about layoffs matched previous Hudson Employment Index lows. Additionally, concerns about job security fell slightly. The...

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U.S. job cuts decline in July; still surpass 100,000

August 3, 2005

Global outplacement firm Challenger, Gray & Christmas Inc. today announced 102,971 planned U.S. job layoffs in July, down seven percent from 110,996 in June, but up 48 percent from a year ago. July...

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U.S. Steel names general manager, Great Lakes Works

August 2, 2005

United States Steel Corporation today announced that Frederick G. Jauss has been named general manager of Great Lakes Works, effective August 1. Great Lakes Works, in Ecorse and River Rouge, Mich., is...

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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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