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Time is running out for the research and development tax credit, which will expire Dec. 31 unless it is extended during the current lame-duck session of Congress.
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Misa Metals Inc., a West Chester, Ohio,-based unit of Marubeni-Itochu Steel Inc., Tokyo, has picked ADS Logistics LLC, Homewood, Ill., to provide transportation management for both inbound and outbound shipments.
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Misa Metals Inc., a West Chester, Ohio,-based unit of Marubeni-Itochu Steel Inc., Tokyo, has picked ADS Logistics LLC, Homewood, Ill., to provide transportation management for both inbound and outbound shipments.
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Renewing a call for action to address China’s alleged currency manipulation, the National Association of Manufacturers’ newly formed U.S.-China Business Relations Task Force met with Treasury Secretary Henry M. Paulson Jr., Commerce Secretary Carlos M. Gutierrez and U.S. Trade Representative Susan C. Schwab Monday.
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ThyssenKrupp Services AG, Düsseldorf, Germany, has purchased Alcoa Inc.’s aerospace services business, which provides value-added materials processing services for aircraft manufacturers.
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ThyssenKrupp Services AG, Düsseldorf, Germany, has purchased Alcoa Inc.’s aerospace services business, which provides value-added materials processing services for aircraft manufacturers.
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Automotive parts supplier Dana Corp., which is operating under Chapter 11 protection from creditors, has agreed to sell its non-core engine hard parts business to Mahle GmbH, Stuttgart, Germany, for an aggregate price of $157 million.
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Automotive parts supplier Dana Corp., which is operating under Chapter 11 protection from creditors, has agreed to sell its non-core engine hard parts business to Mahle GmbH, Stuttgart, Germany, for an aggregate price of $157 million.
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The ease with which Cia. Vale do Rio Doce (CVRD) put together $18 billion in financing to buy Inco Ltd., dramatically multiplying its existing $3-billion debt, shows the company is beloved by banks not only in Brazil, but internationally.
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After buying companies in Asia, Europe and South America with $1.5 billion in annual revenue, Wilbur L. Ross Jr.’s International Automotive Components Group LLC (IACG) is making its first investment in North America Lear Corp.’s interior systems division.
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After buying companies in Asia, Europe and South America with $1.5 billion in annual revenue, Wilbur L. Ross Jr.’s International Automotive Components Group LLC (IACG) is making its first investment in North America Lear Corp.’s interior systems division.
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Economic activity in the U.S. manufacturing sector failed to grow in November for the first time following 41 consecutive months of growth, although the overall economy expanded for the 61st month in a row, according to the latest business report from the Institute for Supply Management, Tempe, Ariz.
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The New York Mercantile Exchange has announced the hours and fees for Comex division gold, silver, copper and aluminum contracts to be offered for electronic trading on the CME Globex platform effective with Dec. 4 trading.
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Corus Group Plc posted operating profits of £171 million ($333 million) in the third quarter, more than double the £75 million it made a year earlier, as market conditions improved.
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Ford Motor Co., Dearborn, Mich., said 38,000 workers, or almost half of the 83,000 United Auto Workers union employees it started with in 2006, have accepted preliminary buyout offers in a company-wide enrollment that wrapped up Monday.
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Metal processor Worthington Industries Inc., Columbus, Ohio, is combining its mid-rise, military and single-family residential construction units into a single group called Worthington Integrated Building Systems.
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A Chinese subsidiary of TRW Automotive Systems Corp., Livonia, Mich., has opened a manufacturing plant in Beijing to produce chassis modules for a Chinese unit of Germany’s DaimlerChrysler AG.
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Ford Motor Co., Dearborn, Mich., said 38,000 workers, or almost half of the 83,000 United Auto Workers union employees it started 2006 with, have accepted preliminary buyout offers in a company-wide enrollment that wrapped up Monday.
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TRW Automotive Systems Corp., Livonia, Mich., said a Chinese subsidiary had opened a manufacturing plant in Beijing to produce chassis modules for a Chinese unit of Germany’s DaimlerChrysler AG.
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Metaldyne Corp., Plymouth, Mich., and Asahi Tec Corp. of Shizuoka, Japan, said an agreement reached with noteholders would result in a reduction of the $1.2-billion acquisition price for automotive components manufacturer Metaldyne by its Japanese competitor.
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A group representing the natural gas transmission industry plans to testify in the U.S. International Trade Commission’s upcoming sunset review of anti-dumping duties on imported oil country tubular goods (OCTG).
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The London Metal Exchange has announced new restrictions for trading on its LME Select electronic platform as it prepares to launch its first mini-contracts next week.
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Traders have raised concerns over potential trucking delays out of U.S. ports in the wake of a new law requiring all drivers and port workers to carry identification cards.
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Intermet Corp., Fort Worth, Texas, has signed a deal with metal-based automotive components manufacturer Metaldyne Corp., Plymouth, Mich., to supply the majority of its cast part requirements through the end of 2007.