US automotive giant General Motors will carry on with its operations at Oshawa, Ontario, assembly line till 2017 in Canada. The carmaker had said it would pump in $9.1m to raise Chevrolet Equinox output and make related changes at the ...
Tags: automotive, General Motors
Facing flat growth, Indonesian textile industry may see moreLAID- unless the government takes some swift action to help the industry, a leading Indonesian daily has mentioned. Several textile manufacturers in Bandung regency have ...
Tags: textile industry, Textile
A manufacturing-related reorganization is hoped to boost efficiency for the orthopedic and surgical device firm. Surgical instrument and orthopedic implant maker Symmetry Medical (Warsaw, IN) has announced plans to boost its manufacturing ...
Tags: Symmetry Medical, Layoffs, Medicine
Posted in Medical Device Business by Nancy Crotti on January 8, 2015 The medical device tax is the issue that won’t go away. Elected officials and medical device companies began railing against Obamacare’s medical device tax ...
Tags: medical device tax, Health
Diamond manufacturers are entering an era of fierce competition as the looming decline in rough diamond supply is expected to place additional pressure on their already razor-thin profit margins. Manufacturer always operates with a ...
Austria based, Lenzing said looking at the challenging conditions, it will not undertake any new expansion projects at any of its viscose staple fibre (VSF) production sites across the world. Although Lenzing continues to anticipate good ...
Tags: viscose staple fibre, Textile
Ford is planning to cut 20% of its staff, around 680 employees from its Craiova plant in Romanian division due to decline in sales of the company’s products in the European market. Ford will offer voluntary redundancy programme to ...
Smith & Nephew plc has figuratively yanked the job-security bandage off 108 employees at its St. Petersburg, FL, wound-care plant. The company plans to close the factory and lay the workers off by January 9, according to a report in the ...
Tags: Job Cuts, Smith&Nephew, Health
Belgian brewing major Anheuser-Busch InBev is reducing its workforce and consolidating its sales division in the US, citing slump in sales volume. The move will affect employees from various divisions such as marketing and procurement, ...
General Motors is planning to lay off around 510 workers from two of its Michigan assembly plants in the US. It includes around 160 workers from its Orion Facility while 350 people will be laid off from its Lansing plant where Cadillac ...
Tags: Orion Facility, layoffs, Auto
US Steel Canada announced Monday that it will lay off at least 56 workers following its decision last week to idle its Hamilton coke ovens. According to local news reports, the idling will eventually affect about 100 of the plant’s ...
Tags: coke ovens, Metallurgy
Like the kid on the playground who watches others hop on and off the spinning merry-go-round, Boston Scientific says it will sit out the current whirl of medtech mergers. Following last week’s second-quarter earnings report, ...
The medtech jobs picture looked rosy in 2013, with the top 15 device makers in hiring mode, according to an EP Vantage report out this week. Excluding pharmaceutical spinoffs, these companies expanded their collective workforce by 6%, the ...
Tags: Medtech Jobs, Health, Medicine
Food manufacturing company Kellogg's plans to shut its bakery operations in Columbus, Georgia, US. This move could result in the loss of 325 jobs at the facility. The company intends to close the entire bakery by the end of 2015, ...
Anglo-Dutch consumer goods company Unilever plans to shut the ice cream facility in Clearwater, Florida, US. This move will result in 210 job losses at the facility. The company in a Worker Adjustment and Retraining Notification or ...
Tags: Unilever, ice cream facility, Food