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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: factory

factory stories: 12 news summaries

(Newser) - A New Jersey man encountered literal death by chocolate yesterday after falling into an 8-foot vat of the stuff, CNN reports. The factory worker fell off a platform while loading solid chocolate into the melting vat. The 29-year-old's colleagues rushed to shut off the machinery, but he suffered a fatal... More »

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accident • factory • chocolate • accidental death

 Two Koreas Agree 
 to Rare Meeting 

Will discuss shared factory complex amid international tension

Apr 19, 09 8:39 AM CDT
(Newser) - South Korea has agreed to North Korea's rare request for talks over a shared factory park, Reuters reports. South Korea will send 10 envoys north of the border Tuesday to discuss the Kaesong complex, where the North has been holding a South Korean worker for weeks after he derided its... More »

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North Korea • South Korea • nuclear program • factory • rocket • meeting • Kaesong

OPINION

Resilient Detroit
Will Come Back Strong

Detroit and its automakers won't quit at any cost

Jan 13, 09 5:52 PM CST
(Newser) - When Congress bailed on aid for Detroit automakers last month, it felt like lawmakers "had just voted to turn the lights out on the Motor City," Detroiter Sarah Webster writes in the Free Press. But even as the Big Three dance dangerously close to bankruptcy, she refuses... More »

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Congress • Detroit • factory • immigrant • auto industry • US automakers • Henry Ford

In Rare Move, Toyota to Suspend Production in Japan

11-day break amid shrinking demand is first since 1993

Jan 6, 09 7:33 AM CST
(AP) - Toyota is suspending production at all 12 of its Japanese plants for 11 days over February and March, a stoppage of unprecedented scale for the nation's top automaker as it grapples with shrinking global demand. The last time it halted production at all its Japanese plants was in August 1993,... More »

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Japan • Toyota • factory • closing • economic downturn

 JPMorgan to Pay 
 Chicago Protesters 

Creditors respond to sit-in with loans, severance offer

Dec 10, 08 2:43 PM CST
(Newser) - JPMorgan will pay $400,000 toward the severance for 240 laid-off workers occupying a Chicago factory, and Bank of America will extend the bankrupt manufacturer a new loan, Reuters reports. Both banks are creditors of Republic Windows & Doors, which shut down after, BOA says, it "maxed out" on... More »

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Chicago • layoffs • Bank of America • protests • factory • JPMorgan Chase • sit-in • financial crisis

 Eyeing US Market,
 VW Plans Tenn. Plant 

Company hopes Chattanooga factory will improve market share

Jul 16, 08 8:42 AM CDT
(Newser) - Volkswagen will invest around $1.6 billion to build a factory in the US—20 years after the closure of its last plant, Der Spiegel reports. VW hopes to have the plant, located in Chattanooga, Tenn., running by 2011, and operating at a rate of 150,000 cars per year.... More »

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factory • Volkswagen • auto industry • auto sales • Chattanooga

 Toyota Will Make Prius in US 

Swap at SUV plant shows how fast industry is adjusting to fuel costs, demand

Jul 10, 08 5:00 PM CDT
(Newser) - Toyota plans to start producing its super-popular Prius hybrid in the US, Wired reports. With inventories overwhelmed by demand, the firm will move production lines to a Mississippi plant intended to produce SUVs. The factory won’t make its first Prius until 2010, but with no sign of abating gas... More »

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fuel efficiency • Toyota Prius • SUV • factory • Prius • auto industry • Japanese auto industry • cars

 Man May Have Planned
 Factory Rampage 

Man who killed 5, plus himself, in Kentucky had gun in his car

Jun 25, 08 2:59 PM CDT
(Newser) - The man who shot and killed six people at a Kentucky plastics plant today might have planned his rampage in advance, the Louisville Courier-Journal reports. A supervisor had to escort the worker from the premises following an argument with a fellow employee early this morning. The man took a gun... More »

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murder • factory • shooting rampage • shooting

 Oil Price Spike
 Brings Jobs Back to US 

Rising costs curb manufacturers' outsourcing

Jun 13, 08 11:30 AM CDT
(Newser) - As costs for overseas production and shipping soar, US companies are growing reluctant to outsource manufacturing—and some are even bringing their plants back to America, the Wall Street Journal reports. “In a world of triple-digit oil prices, distance costs money," said an economist. But it’s not... More »

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outsourcing • factory • manufacturing • oil price • job market • transport • job

US Sees Worst Decline
in Jobs Since 2003

Payrolls dropped by 63,000;
recession fears intensify

Mar 7, 08 7:58 AM CST
(Newser) - The US lost 63,000 jobs in February, the second straight month payrolls contracted and the worst drop since 2003, catching economists off guard and fanning fears of recession anew, Bloomberg reports. Economists hoped the economy would add 23,000 jobs after declining a modest 17,000 in January, when... More »

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Ben Bernanke • Federal Reserve • construction • recession • unemployment • factory • manufacturing • job market • job cuts • housing crisis • building • job

Dow Flat, Awaiting Jobs Stats

Next Fed move may follow from Friday’s report

Oct 4, 07 3:39 PM CDT
(Newser) - The stock market held steady today, as neither a drop in factory orders nor a rise in unemployment claims rattled investors bracing for tomorrow’s crucial jobs report—which could help spur the Fed’s next interest rate move. The Dow was up 6.26 points to 13,974.31,... More »

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Dow Jones • recession • Nasdaq • factory • unemployment benefits • S&P 500

Child Slavery Scandal Blows Up in China

Kids kidnapped, sent to work in brick kilns rescued in giant crackdown

Jun 16, 07 11:39 AM CDT
(Newser) - A child labor scandal is rocking rural China as information surfaces on kidnapped children forced to work as slaves in the country's brick factories. In crackdowns this week, nearly 50,000 police in two Chinese provinces have rescued 550 people, including dozens of the thousands of children believed to be... More »

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China • kidnapping • children • slave labor • slave • Henan Province • Shanxi Province • child labor • factory

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