Manufacturing News

TechNavio's analysts forecast the Automobile Body and Trailer Manufacturing industry in China to grow at a CAGR of 13.80 percent over the period 2012-2016.

The firm currently has a $48.70 target price on the stock. Zacks ' price target indicates a potential upside of 0.47% from the stock's previous close.

Maryland officials need to "think big, bold and imaginative" to keep the state from getting another poor grade for its manufacturing industry, says a leading advocate for manufacturing in Maryland.

Eastman Kodak Co on Tuesday said it will seek court approval for a $406 million rights offering that could give creditors a big equity stake in the company after it emerges from Chapter 11 bankruptcy protection.

A federal judge has ordered United Technologies Corp to pay $473 million plus interest for manipulating costs to win U.S. Air Force jet engine contracts in the 1980s.

A HYPERSONIC space-plane, a jeep which could leap over enemy blockades and an aircraft able to take off and land vertically are some of the 1960s inventions unearthed from the archives of BAE Systems .

The Carnival Corp. has filed a lawsuit seeking more than $12 million in damage its cruise ship, Triumph, sustained in an early April windstorm.

INDIANAPOLIS, June 17, 2013 -- Hurco Companies, Inc. , an international industrial technology company, announced today that its Board of Directors approved the payment of an initial quarterly cash dividend of $0.05 per share.

Ingersoll-Rand plc , a world leader in creating and sustaining safe, comfortable and efficient environments, today announced that it has completed a $1.55 billion debt offering consisting of three tranches, maturing in 2019, 2023 and 2043.

Johnson Controls Inc is speaking to private equity firms about selling its roughly $1 billion automotive electronics unit, after buyout interest from many rival auto parts suppliers faltered, according to several people familiar with the matter.

The U.S. manufacturer of the oft-maligned F-35 has signed a deal with a leading Canadian maker of flight simulators in anticipation of the Harper government choosing to stick with the controversial stealth fighter program.

IntercontinentalExchange is set to win unconditional EU approval for its $8.2 billion bid for NYSE Euronext, sources said on Monday, in a deal that would strengthen its presence in the lucrative derivatives trading business.

Sioux Falls-based Raven Industries Inc. is involved in a pilot project with Google Inc. to provide high-speed wireless Internet accessibility to rural, remote and underserved areas through high-tech balloons.

The Toronto stock market looked set for a higher open Monday as traders hope to get some clarity on whether the U.S. Federal Reserve thinks economic conditions are improving to a point where it can let up on stimulus measures.

Foreign banks are fuelling India's recent burst of overseas takeover bids, offering cheap U.S. dollar loans to corporates hungry to expand beyond their home state.

NEW YORK Weyerhaeuser, a U.S. real-estate investment trust that owns timberland, agreed to buy Longview Timber for $2.65 billion including debt from affiliates of Brookfield Asset Management in the third-largest forestry acquisition in North America.

A high dollar, cheap overseas labour and a global market are putting pressure on Australia's manufacturing sector, and the car industry represents the malaise in the sector like no other.

In Europe, the price is closer to $10 per thousand cubic feet. In Japan, the price is hovering over $15.

Pratt & Whitney, a unit of United Technologies Corp, expects to reach an agreement with the Pentagon within the next 30 days on a contract for engines to power a sixth batch of F-35 fighter jets, Pratt President David Hess told Reuters.

A company stuck in bankruptcy for 12 years may not seem like much of a catch, but investors have fallen in love with U.S. specialty chemical manufacturer W.R. Grace & Co and its surging sales to the energy sector.