Manufacturing News

Northrop Grumman Corporation today announced the recipients of the fifth-annual Northrop Grumman Engineering Scholars program in the greater Rolling Meadows community, which awards two $10,000 college scholarships to local high school students who intend to study engineering.

Michelin North America today announced a new development program to provide loans to new and existing disadvantaged small- and medium-sized businesses located in the Upstate of South Carolina.

The Delphi Salaried Retirees Association contends a special deal between the United Auto Workers and General Motors Corp.

The aircraft will be assigned to the 41st Airlift Squadron, the first active-duty combat C-130J squadron in the U.S. Air Force.

Auto parts maker Delphi Corp. says a deadline has passed with no further bidders on its business, paving the way for a sale to a California private-equity firm and General Motors Corp.

The Air Force said Friday that it has awarded a $262 million satellite contract to a division of Lockheed Martin Corp.

American Axle is working with longtime legal and financial advisers to consider restructuring options, but the company and a law firm representing it are stopping short of saying they are considering bankruptcy.

General Dynamics is opening a center for satellite tracking, telemetry and space communications at New Mexico State University's research park to work on national space and satellite programs.

Defense contractor General Dynamics Corp. says its Electric Boat subsidiary has received a modified $21.6 million contract from the Navy for procurement and repair work on the USS Hartford.

The United States' premier fighter jet, the Lockheed Martin F-22, has recently required more than 30 hours of maintenance for every hour in the skies, pushing its hourly cost of flying to more than $44,000, a far higher figure than for the warplane it replaces, confidential Pentagon test results show.

Federal-Mogul Corp is readying a renewed bid for the assets of Delphi Corp after breaking off talks with the bankrupt auto parts maker in late May, three people with knowledge of the situation said on Tuesday.

United Industrial Corporation and Mitsui & Co., Ltd. signed and agreement on collaborative development of the Elegest coal-field in Tyva, one of the richest coalmines in the world, with a total reserve of approximately 900 million tons.

GenCorp Inc. said Tuesday that its fiscal second-quarter profit surged 59 percent, helped by lower costs.

Sen. Byron Dorgan says the parent company of the JLG Industries, Inc., plant in Oakes is taking another look at plans to close it.

A new report from Allstate Insurance Co. says Alexandria tops the list of cities where driver safety has improved the most in recent years.

A group of local business leaders and citizens say Peoria needs a Math, Science and Technology Academy.

Michael J. Mack Jr., the new president of John Deere's Worldwide Construction & Forestry Division, has prepared for this leadership position through a variety of assignments at Deere in finance, engineering, marketing and operations.

A federal judge has turned away a first-of-its-kind lawsuit filed by an attorney seeking to exploit a quirk in federal patent law that had been dormant for more than a century.

Almost 200 jobs are to be lost after two chemical companies announced plans to close plants on Teesside.

A GM Europe spokeswoman said Wednesday negotiations for the sale of General Motors Corp.'s Opel to Canadian autoparts maker Magna International Inc.