manufacturing News Updates

Business

Cummins鈥 1Q Profit Rises on Strong Engine Sales

Truck engine and components maker Cummins Inc. on Tuesday said its first-quarter profit rose on higher sales.

May 1, 2012
Business

Rethinking Foreign Costs Spurs Manufacturing in U.S.

Manufacturing is making a comeback in North America, a trend that industry experts say is being driven by a re-examination of the cost of producing and shipping goods from Asia to customers in the United States and Europe 鈥 and new supply-chain realities.

April 30, 2012
Business

Eaton鈥檚 First-Quarter Profit Rises

Truck and auto components maker Eaton Corp.鈥檚 first-quarter profit rose 8% as its truck unit鈥檚 sales improved 10%, the company said Monday.

April 23, 2012
Business

Daimler Opens Massive Factory in India, World鈥檚 Fastest Growing Truck Market

CHENNAI, India 鈥 Daimler AG officially opened its massive plant here on April 18, as the world鈥檚 largest commercial vehicle maker tries to push its way into what has become the fastest-growing truck and bus market in the world.

April 23, 2012
Business

Philadelphia Manufacturing Growth Slows

An index of manufacturing activity in the Philadelphia region declined this month to its lowest level since January but continued to show expansion, the Federal Reserve Bank of Philadelphia said.

April 19, 2012
Business

Daimler Opens Truck Manufacturing Plant in India

CHENNAI, India 鈥 Daimler A.G. officially opened its sprawling truck manufacturing plant here Wednesday to produce vehicles for its newest brand, BharatBenz, as the company looks to gain entry into India鈥檚 domestic market, the world鈥檚 fastest growing for trucks and buses.

April 18, 2012
BusinessGovernment

New York Manufacturing Index Drops

Manufacturing activity in the New York region expanded in April at the slowest rate in five months, the Federal Reserve Bank of New York said Monday.

April 16, 2012
Business

Navistar Disputes Rivals鈥 Claims on Efficiency, Touts ProStar Model as Best in 鈥楩luid Economy鈥

Officials from truck and engine maker Navistar Inc. have disputed fuel-efficiency claims made by its rivals and said that an independent testing agency has found its over-the-road International ProStar model has better 鈥渇luid economy鈥 than three of its rivals.

April 16, 2012
Business

Daimler Recalls Trucks

Daimler Trucks North America announced a recall of up to 8,747 recently built Freightliner Cascadia trucks and Western Star 4900s for possible seat problems and 1,000 Cascadias and Business Class M2s for possible steering wheel problems.

April 16, 2012
Business

Volkswagen Boosts Stake in MAN

German truck maker MAN SE said Volkswagen AG has boosted its majority stake in the company to 73% of its common shares, Reuters reported Friday.

April 13, 2012