Manufacturing

Manufacturing in the New York region shrank for a fifth straight month in December, while an increase in optimism about the next six months signals factories are poised to rebound should the federal government resolve …

A gloomy report on manufacturing this afternoon contradicts and confirms a report from earlier today. The Institute for Supply Management said manufacturing contracted last month to its lowest level in more than three years, in …

Rising demand from domestic and foreign customers helped U.S. manufacturing grow in November at its quickest pace in six months, an industry survey showed today, though hiring remained sluggish, Reuters reported. Financial information firm Markit Group …

Danish industrial group Danfoss A/S plans to acquire the remaining 24 percent stake in Sauer-Danfoss Inc. that it does not already own.

The deal is valued at about $580 million, Reuters reported. Based in Ames, …

Midwest manufacturing activity dropped 1.2 percent in October, according to the Federal Reserve Bank of Chicago, which also said that revised numbers show a 0.6 percent decline in manufacturing in September. Automobile production held steady …

A Chariton-based maker of Christmas ornaments has filed to liquidate assets under federal bankruptcy law, leaving orders for decorations from cities across the country unfilled, according to court documents.

Wayne Manufacturing Co. LC claimed $367,856 …

Manufacturing activity declined in September in the Midwest, according to an index compiled by the Federal Reserve Bank of Chicago. The index dropped 0.4 percent to a seasonally adjusted level of 93.4. Industrial output in …

Ames-based Sauer-Danfoss Inc. yesterday reported net income of $40.6 million, or 84 cents per share, for the third quarter, down from $57 million, or $1.18 per share, for the third quarter of 2011.

Net sales …

Ford Motor Co. said Wednesday it will shut down two European assembly plants, its first car-factory closings in the region in a decade.

Ford also plans to cut nearly 4,900 jobs to stem losses that …

Caterpillar Inc, the Illinois-based manufacturer of tractors and excavators, said today the global economy is slowing faster than it had expected and slashed its 2012 forecast for the second time this year, Reuters reported.

The …