-
Ford Motor Co. said it will add 4,000 hourly and salaried jobs in the United States this year and another 3,000 next year.
-
Terry S. Lisenby has been elected SPX Corp.’s board of directors and will stand for re-election at the company’s 2011 annual meeting for a term expiring in 2013.
-
TRW Automotive Holdings Corp. on Monday said it has landed contracts to supply electric power steering (EPS) systems to domestic Chinese vehicle manufacturers, with the first launch scheduled for 2012.
-
The Trans-Alaska Pipeline remained shut Monday and oil prices surged after a leak was discovered on the 800-mile system Saturday.
-
An offshore key to the White House?
-
ATI Allegheny Ludlum, a subsidiary of Allegheny Technologies Inc., has hiked prices for nickel-based alloys and high nickel-bearing stainless in sheet, plate and strip by between 7 and 9 percent effective after Jan. 4.
-
Standard & Poor’s Ratings Services has placed a BBB– rating on Allegheny Technologies Inc.’s $500 million in senior notes due 2021, which it will use to partially fund its $778-million takeover of Ladish Inc.
-
Peabody Energy Corp. has named Zhenchun Shi president of its Asian operations, where he will focus on growth opportunities in the region.
-
Ron Bloom, President Obama’s senior counselor for manufacturing policy, is reportedly in the running for a new post that could boost his influence within the administration.
-
Ronald Nielsen has joined Cliffs Natural Resources Inc. as general manager of global sustainability.
-
Inteva Products LLC has acquired ArvinMeritor Inc.’s Body Systems business for roughly $27.3 million, a move that significantly expands its global footprint.
-
Concrete forming products maker Dayton Superior Corp. has acquired Block Heavy & Highway Products Co. from Bettendorf, Iowa-based W.G. Block Co.
-
Economic activity in the U.S. manufacturing sector expanded for the 17th consecutive month in December, the Institute for Supply Management (ISM) said Monday, with the purchasing managers index (PMI) climbing to 57 points—the highest level since 59.7 last May—from 56.6 in November.
-
Economic activity in the U.S. manufacturing sector expanded for the 17th consecutive month in December, the Institute for Supply Management (ISM) said Monday, with the purchasing managers index (PMI) climbing to 57 points—the highest level since 59.7 last May—from 56.6 in November.