Manufacturing
New York, July 2: Finally a reason to cheer for the U.S. auto industry that has been reeling under the severe economic recession.
It was somewhat short of $12 billion, but I doubt Oshkosh (NYSE: OSK) will complain.
As the clock ticked down
on the Pentagon's deadline for awarding a new contract for off-road
MRAP armored vehicles, investors were getting nervous. In the end,
though, the generals hit D-Day on the mark, awarding the first $1
billion installment on the contract yesterday evening to
Wisconsin-based heavy industrialist Oshkosh Corp.
I've taken a beating for daring to challenge Apple's (Nasdaq: AAPL)
board of directors and its decision to keep quiet about CEO Steve Jobs'
liver transplant. So be it. I still believe the board failed to
disclose a material event.
California, June 30: Two of the world’s largest automobile manufacturers failed to agree on which vehicles to build at New Union Motor Manufacturing Incorporated plant, popularly known as NUMMI.
Detroit, June 27: After considering sites in Michigan, Tennessee and Wisconsin, General Motors (GM) has decided on the state of Michigan to build small, fuel-efficient cars.
New York, June 25: Akio Toyoda, the new president of Toyota Motor Corp, Thursday said that the company aims to bounce back to profitability in the next fiscal year.
June 25, 2009 - 0 comments
Zhuhai (China), June 25: China has given the go ahead to the development and production of the world's largest amphibious aircraft, the Dragon 600, the manufacturing company has said.
Based on the aggregated intelligence of 135,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, cement, asphalt, and gravel supplier Vulcan Materials (NYSE: VMC) has earned a respected four-star ranking.
Tokyo, June 22: Nissan Motor Company (TYO: 7201; NASDAQ: NSANY) has set itself huge targets. Japan’s third-largest automobile manufacturer is eying an annual production of 100,000 electric vehicles beginning as early as 2012, the year when its plant in Smyrna, Tennessee is likely to become operational.
Tokyo, June 23: Kiichiro Toyoda founded the Toyota Motor Corporation (TYO: 7203, NYSE: TM) in the year 1937. Seventy-two years down the line, his 53-year-old grandson, Akio Toyoda, has been named the president by the company’s board.
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