Manufacturing

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Manufacturers look offshore for workers

U.S. manufacturers, frustrated by a shortage of skilled American factory workers, are going abroad to find them, CNNMoney reported.

Business for factories has surged recently, creating a huge demand for machinists, tool and die makers, …

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Sauer-Danfoss reports fourth quarter decrease, year-over-year increase

Sauer-Danfoss reports fourth quarter decrease, year-over-year increase  Sauer-Danfoss Inc. reported net income of $27.4 million, or 57 cents per share, for the fourth quarter of 2011, compared with a net income of $126 million, or…
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Companies stepped up production this month

Companies took in more orders and stepped up production this month in an indication that demand will sustain the U.S. expansion after a fourth-quarter pickup, Bloomberg reported.

The Institute for Supply Management-Chicago Inc. said today …

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Ryko Solutions engineers a clean turnaround


Steven L’Heureux didn’t know anything about the car wash industry when the new owner of Ryko Solutions Inc. approached him a year ago, asking him to consider becoming the company’s CEO.

Though Grimes-based Ryko had …

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Deere’s earnings up 4 percent

Deere’s earnings up 4 percent  Deere & Co. reported a 4 percent increase in quarterly earnings today due to growing demand for farming and construction machinery and higher prices, Reuters reported. The Moline, Ill.-based farm…
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Lemmings herding back to shore?

Big manufacturers moved their production out of the country too quickly over the past decades and now see a competitive advantage in building up their footprints back home, top executives said at a meeting on …

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Annual trade deficit hits $558 billion

New U.S. Department of Commerce figures show that during 2011, the U.S. racked up an annual goods deficit with China of $295.5 billion, which is a significant increase from the $273 billion annual goods deficit …

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Manufacturing group slams China trade practices

More than 400,000 jobs in the U.S. auto supply chain have been lost since 2000 and another 1.6 million U.S. jobs are at risk unless China’s illegal trading practices are curtailed, according to three reports …

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Midwest manufacturing increased in December

Manufacturing activity in the Midwest increased in December by 1.7 percent, the Federal Reserve Bank of Chicago said today. Manufacturing output rose 8.4 percent from a year earlier. National output dropped 4 percent.…

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U.S. trucking firms see jump in tonnage hauled

U.S. trucking firms see jump in tonnage hauled     Freight tonnage hauled on America’s highways jumped into the fast lane in December, according to the American Trucking Association (ATA). The association’s seasonally adjusted For-Hire…