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Small businesses struggle to attract top talent

May 3, 2005

Almost three in four small business owners say their most serious disadvantage when hiring new employees, compared with larger companies, is the ability to provide a competitive package of benefits...

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Manufacturing orders, production, employment expanding

May 3, 2005

Economic activity in the U.S. manufacturing sector grew in April for the 23rd consecutive month, while the overall economy grew for the 42nd consecutive month, said the nation's supply executives in...

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Wheeling-Pittsburgh to idle No. 1 blast furnace

May 3, 2005

Wheeling-Pittsburgh Steel Corp. today announced that it will idle its No. 1 blast furnace permanently on Thursday, May 5. The shutdown will end more than 100 years of service by one of the oldest...

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Manzullo: IRS should assist small business owners

April 29, 2005

In a full committee meeting held April 27 to explore ways to close the tax gap, House Small Business Committee Chairman Don Manzullo (R-IL) said the Internal Revenue Service (IRS) should expand its...

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Economy, business investment slowing

April 28, 2005

During the first quarter, the U.S. gross domestic product (GDP) grew at its weakest pace in two years, slowing to a 3.1 percent annual expansion rate as consumers and businesses curbed spending amid...

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Timken Latrobe Steel completes upgrade

April 28, 2005

Timken Latrobe Steel today held an inaugural ceremony to launch the upgraded continuous rolling mill at its Latrobe, Pa. plant.The mill is equipped with electric induction and resistance heating and...

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AK Steel announces May surcharges

April 28, 2005

AK Steel has advised its flat-rolled carbon steel customers that a $218 per ton surcharge will be added to invoices for products shipped in May 2005. The company also has advised its electrical steel...

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Kennametal elects Caterpillar exec to board

April 27, 2005

Kennametal Inc. announced today that it has elected Steven H. Wunning, group president and executive office member of Caterpillar Inc., to its board of directors. Wunning will join the board in July...

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Durable goods orders drop 2.8 percent in March

April 27, 2005

New orders for manufactured durable goods in March decreased $5.6 billion or 2.8 percent to $194.0 billion, the U.S. Census Bureau announced today. This followed a 0.2 percent February decrease. The...

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Wheeling-Pittsburgh sues Massey Energy subsidiary

April 27, 2005

Wheeling-Pittsburgh Steel Corp. today filed a lawsuit in the Brooke County, West Virginia Circuit Court against Central West Virginia Energy Co. (CWVEC), a subsidiary of Massey Energy Co., alleging...

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Employment growth slows; open positions increase

April 26, 2005

According to new numbers from the Leading Indicator of National Employment (LINE), April employment growth slowed slightly, yet the number of manufacturers hiring for open positions increased. Hiring...

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U.S. Steel names COO, announces management changes

April 26, 2005

United States Steel Corporation today announced that John H. Goodish has been elected executive vice president and COO, reporting to John P. Surma, Jr., president and CEO. In his new position, Goodish...

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Joint ventures, strategic alliances to increase

April 25, 2005

U.S. executives plan to increase the use of strategic alliances and joint ventures as key strategies to achieve revenue growth, according to a survey released today by KPMG LLP, the U.S. audit, tax...

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Oklahoma loves GM

April 22, 2005

Today Oklahoma Governor Brad Henry held a rally at the State Capitol in support of the General Motors Oklahoma City Assembly Plant. Partnering with Kathy Taylor, secretary of commerce and tourism,...

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Chrysler Group exec honored for manufacturing excellence

April 20, 2005

Frank J. Ewasyshyn, Chrysler Group executive vice president of manufacturing, was inducted into the Shingo Prize Academy today. The Shingo Academy recognizes dedication to the pursuit of lean,...

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