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TRUMPF delivers water treatment plants to Indonesia

June 10, 2005

As part of a tsunami relief project, TRUMPF donated 10 water treatment plants, eight of which now are in operation in Indonesian refugee camps.Almost six months after the horrific floods in southeast...

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Ford names president, CEO of Volvo Cars

June 9, 2005

Ford Motor Co. has appointed Fredrik Arp as CEO and president of Volvo Cars Corp., succeeding Hans-Olov Olsson, who becomes chairman of the board of Volvo Cars.Arp most recently served as president...

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UAW VP comments on GM shareholder address

June 8, 2005

United Auto Workers (UAW) Vice President Richard Shoemaker, who directs the UAW General Motors Department, issued the following comments about GM Chairman and CEO Rick Wagoner's State of Business...

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Deere Foundation gives $3 million to aid African farmers

June 8, 2005

The John Deere Foundation today said it plans to provide $3 million over the next three years to KickStart, a social enterprise that creates and markets tools to help end poverty in developing...

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GM to slash jobs, close plants

June 7, 2005

Speaking at its shareholder meeting today, General Motors Corp. Chairman and CEO Rick Wagoner said the company is eliminating 25,000 U.S. jobs by 2008 and closing plants to help bolster its North...

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Nucor acquires Marion Steel

June 6, 2005

Nucor Corp. has announced that its wholly owned subsidiary, Nucor Steel Marion Inc., has completed the purchase of substantially all of the assets of Marion Steel Co. ("Marion") for a cash purchase...

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EWI names president, CEO

June 6, 2005

The Board of Trustees of the Edison Welding Institute (EWI) today announced the selection of Dr. Henry J. Cialone as president and CEO. Cialone replaced Don Caudy, who has been serving as the...

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Flow Intl., Motoman expand alliance

June 3, 2005

Flow International Corp., a supplier of ultrahigh-pressure waterjet products, and Motoman Inc., a provider of robotic automation and a wholly owned subsidiary of Yaskawa Electric Corp., have announced...

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CFOs: capital spending, employment growth to slow

June 3, 2005

Chief financial officers say that employment and capital spending will slow over the next year. The CFOs point to inflationary pressures on input costs, such as high fuel and health care costs, as...

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Employment edges up in May

June 3, 2005

Nonfarm employment edged up by 78,000 in May following a much larger increase in April, and the unemployment rate was essentially unchanged at 5.1 percent, the Bureau of Labor Statistics of the U.S....

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Fleetwood RV to be featured on "Made in America"

June 3, 2005

Fleetwood RV, a manufacturer of recreational vehicles, will drive into the spotlight as a featured company in an upcoming episode of the nationally syndicated show, "John Ratzenberger's Made in...

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HMMA undergoes leadership changes

June 2, 2005

After completing construction, launching commercial production, and holding a grand opening, Hyundai Motor Manufacturing Alabama's (HMMA) leadership team is undergoing several changes. This is part of...

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Unemployment claims rise sharply

June 2, 2005

The U.S. Department of Labor today reported that the number of U.S. unemployment benefit claims totaled 350,000 last week, an increase of 25,000 claims over the previous week and the largest weekly...

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U.S. manufacturers set overseas investment record

June 2, 2005

Foreign Direct Investment (FDI) by U.S. manufacturers reached a record level of more than $54 billion in 2004 after three consecutive stagnant years, according to a new study by Deloitte Research, a...

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Cosma Intl. receives Ford's World Excellence Awards

June 1, 2005

Ontario-based Cosma Intl., a wholly owned operating group of Magna Intl. Inc., received five Ford Motor Company World Excellence Awards, honoring five divisions for superior performance in 2004. This...

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