US-based Rich Products plans to close its dough and flatbread products manufacturing facility on White Street in Rochester, New York, putting 92 jobs at risk. According to a Worker Adjustment and Retraining Notification Act notice filed ...
Tags: Rich Products, Bakery Facility
Hampshire Group, Limited announced its results for the first quarter ended March 30, 2013. Net sales for the 2013 first quarter were $19.9 million compared to $22.6 million in the first quarter of 2012. The loss from continuing operations ...
Tags: Hampshire Group, Apparel
The Jones Group Inc. announced a series of actions designed to improve profitability. The Jones Group is committed to improving its direct-to-consumer business, achieving operational excellence and enhancing profitability through strong ...
Tags: Jones Group, Apparel
On Wednesday the Reuters news service, citing unnamed sources, reported that Easton-Bell Sports owner Fenway Partners was getting ready to sell the company. Easton-Bell Sports executives at the Bicycle Leadership Conference in Monterey, ...
Tags: Transportation, bike
With the ongoing trend for businesses to move operations, particularly manufacturing, off-shore, it makes for a refreshing change to see a company going against this trend and electing instead to bolster the number of workers at its ...
Tags: Service
Luxury plug-in hybrid car company Fisker Automotive is facing a US lawsuit after laying off 160 workers at the end of last week. Industry journal Automotive News reports that a federal lawsuit has been filed against Fisker, accusing the ...
Tags: Fisker Automotive, car, auto
OMNOVA Solutions Inc. announced income from continuing operations of $0.2 million, or breakeven per diluted share, for the first quarter ended February 28, 2013. Net loss for the first quarter was $0.2 million, or breakeven per diluted ...
Tags: coated fabrics, fabrics, operations
The employees of the Ford factory in Belgium and its suppliers have agreed to end the strike, Ford planed to close Genk factory in 2014, when its employees will receive severance pay of about six months wages. Ford announced in October ...
Tags: Ford, Ford factory, car
Easton-Bell Sports sales were $183.5 million for the fourth quarter of 2012, compared with $207.1 million a year earlier.?? Sales for the company's Action Sports division, which include its bicycle-related sales, decreased $12.2 million, ...
Tags: Sporting Goods, Recreation
Ford will pay out US$750 million ($719 million) to hourly workers as part of a severance deal as it winds down production at its manufacturing plant in Genk, Belgium, by the end of next year. Reuters reports Ford has reached a deal with ...
US-based automobile manufacturer Ford Motor would pay $750m to the workers as separation benefits for closing its Genk plant in Belgium. The losses incurred by the company in Europe prompted the closing of the plant, which is scheduled to ...
Tags: Ford Motor, automobile, Ford
Canadian dairy processor Saputo has announced that it will close its cheese manufacturing facility in Warwick, Québec, a move which will put approximately 100 jobs at risk. Saputo noted that this decision is aimed at improving ...
Tags: dairy processor, Saputo, Cheese
Quaker Chemical Corporation announced net sales and earnings per diluted share of $172.9 million and $0.99 per diluted share for the fourth quarter of 2012, respectively, compared to fourth quarter 2011 net sales and earnings per diluted ...
Tags: Quaker Chemical, net sales, 2012
Checkpoint Systems, Inc. reported financial results for the fourth quarter and full-year ended December 30, 2012. These results report the U.S. and Canadian CheckView business as discontinued operations, reflecting the Company's decision to ...
Tags: Checkpoint Systems, fourth quarter, Revenues
US snack manufacturer Snyder's-Lance is to close its bakery facility in Ontario as part of a company-wide review. In a statement yesterday (25 February), the firm said its plant in Cambridge will close on 17 May. The company did not say ...
Tags: nack manufacturer, Snyder's-Lance, Ontario