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Manufacturing.Net
AP: Ford To Kill Mercury
Automaker will announce Wednesday that it plans to scrap its 72-year-old Mercury brand, according to two people briefed on the decision.
Gerdau SA To Buy Gerdau Ameristeel For $1.6B
Tampa-based steel producer Gerdau AmeriSteel said majority shareholder Gerdau SA plans to acquire the remaining shares it does not own in a deal valued at $1.6 billion.
Tata Opens New Nano Factory
Indian automaker inaugurated a factory to produce its super-cheap compact Nano car nearly two years after violent farmer protests forced Tata to relocate.
Louisiana Company To Make Generic Drugs In Europe
TransGenRx based in Baton Rouge plans to begin manufacturing protein-based drugs in Europe over the next two years.
Congress Investigating J&J Recall
Lawmakers investigating alleged phantom recall by Johnson & Johnson, in which the company hired a contractor to buy up defective painkillers instead of issuing a recall.
GM To Invest $245M In Canadian Plant
General Motors of Canada said it will invest $245 million to build a new line of fuel-efficient transmissions in southern Ontario beginning in early 2012.
Alcoa, Union Extend Deadline On Contract Negotiations
Aluminum giant and the United Steelworkers Union extended their deadline to negotiate over compensation for new workers, health care benefits and work flexibility.
Covidien Buys ev3 For $2.6B
Maker of drugs and medical devices said Tuesday it is buying vascular device maker ev3 for $2.6 billion in cash as it continues to remake its business.
Feds Probe Floor Mat Issue In Fords
Federal safety regulators are investigating a few reports of gas pedals becoming trapped by floor mats in 2010 Ford Fusions and Mercury Milans.
Chrysler Sees Canadian Sales Jump
Automaker says May was a good month for minivan sales, which represented a quarter of all vehicles it sold, as total vehicle sales rose 53 percent over May 2009.
Stoughton Trailers To Boost Production, Add Jobs
Trailer manufacturer says it will gradually increase production and add more than 300 jobs because of the strengthening market for its products.
Midwest Economy Continues Recovery
In a report released Tuesday, the May Business Conditions Index for the Mid-America region rose for the sixth month in a row, to 64.2 in May from 61.7 in April.
Reynolds American To Close 2 Plants
Tobacco company says it will close two cigarette plants -- one in Winston-Salem, N.C., and another in Puerto Rico -- in a move to adjust to changing demand for cigarettes.
Teva Halts Propofol Production
Pharmaceutical company said Friday it will stop making its sedative propofol, which became infamous when it was linked to the death of Michael Jackson last year.
AP: Ford Evaluates Future Of Mercury Brand
Ford is assessing the future of Mercury, although final decision on whether to kill the brand hasn't yet been made, a person familiar with the automaker's deliberations said.
Apple Expands iPad Launch
Company says it is launching the iPad in nine countries on Friday?-- Australia, Canada, France, Germany, Italy, Japan, Spain, Switzerland and Britain.