March 19, 1992 |
The Russian government, worried that its tough economic reforms will soon force thousands of state-owned factories into bankruptcy and put millions of people out of work, will lend the money necessary to keep most of the firms in business, the economics minister announced Wednesday.
July 10, 2002 |
Growth in Orange County's manufacturing sector came to a standstill in the second quarter, in contrast to figures showing factory activity continuing to pick up steam nationwide, according to a survey of Orange County purchasing managers released Tuesday. Chapman University's quarterly index of purchasing managers declined to 49.9 in the second quarter, after surging to 57.7 in the first three months of the year.
November 21, 2000 |
The owner and manager of a floor polish factory that exploded, killing 11 workers, have been arrested on suspicion that they locked the employees in the factory, police said. The pair could face murder and other charges, a police spokesman said. A fire broke out in the small brick building in Lenasia late Friday, causing an explosion when it spread to gas containers.
CALIFORNIA | LOCAL
January 13, 1988
Faced with a dilemma pitting neighborhood preservation against jobs, the Los Angeles City Council ended an emotional, two-hour debate Tuesday by putting off for one month a decision concerning the fate of a garment factory in hopes that a resolution would emerge. More than 100 neighborhood residents organized by the South Central Organizing Committee had urged the council to kill the rezoning plan that would allow the Kluger Co.
February 21, 2007 |
Tesla Motors, the San Carlos, Calif., company that is marketing a $92,000 battery-powered roadster to boost the visibility of electric vehicles, said it had selected a site in Albuquerque for a factory to build a $50,000 electric passenger sedan. The company said it would spend $35 million to build a 150,000-square-foot factory that would employ 400 and be capable of producing 10,000 vehicles a year. The first Tesla White Star sedan is due to roll off the line in 2009.
August 28, 2003 |
A leading U.S. manufacturing industry group said misaligned global exchange rates are the main cause of job losses in the nation's factory sector. The National Assn. of Manufacturers, in its report on the "State of the American Workforce," said the dollar is 15% overvalued compared with other currencies. The dollar's strength makes U.S. products more expensive abroad. More than 2.7 million manufacturing jobs in the U.S. have been lost in the last 36 months.
November 15, 1989 |
Ford Motor Co. has announced a $100-million joint venture with a Tokyo glass company to build a U.S. plant and supply glass to the North American plants of Japanese auto makers. The 350,000-square-foot plant to be built by Ford and Central Glass Co. of Tokyo could ultimately employ about 400 workers to process flat glass from Ford's North American facilities into windshields, side glass and backlights. It is the first joint venture for Ford's Glass Division.
November 26, 2000 |
A fire caused a stampede in a garment factory, killing at least 45 people, many of them women and children, in an industrial town near Dhaka, Bangladesh's capital, police and doctors said Sunday. More than 100 others were hospitalized with injuries after the fire and stampede Saturday night at Chowdhury Knitwear Garments factory, a four-story building in Narsinghdi, about 40 miles northeast of Dhaka.
December 18, 1993
Western Digital Corp., a maker of computer components, said Friday that it signed an agreement to sell its chip factory in Irvine to Motorola Inc.'s semiconductor products sector for $111 million. The sale, announced last October, is expected to be completed by Christmas, the companies said. Western Digital plans to use the cash from the deal to retire bank debt.
June 19, 1990 |
At the Army ammunition factory here, six of the eight production lines are shut. The work force, which peaked at 2,500 during the Vietnam War, now numbers 200. Yet, although demand for grenade casings has taken a dramatic slump, the Riverbank Army Ammunition Plant near Modesto may remain active for decades. James F. Gansel, coordinator of the toxic waste cleanup of the plant, predicted that the Army will be extracting chromium and cyanide from the ground water here for the next 20 years.