manufacturing News Updates

Business

Delphi Seeking to Buy FCI Division

Vehicle components maker Delphi Automotive said it has entered “exclusive negotiations” to purchase FCI Group’s Motorized Vehicles Division for 765 million euro (about $972 million).

May 25, 2012
Business

Wabash Buys Bulk-Trailer Maker Walker Group

Trailer manufacturer Wabash National Corp. said it has completed its previously announced acquisition of Walker Group Holdings.

May 9, 2012
Business

Daimler, Cummins 1Q Earnings Increase, Show Gains in North American Market

Original equipment manufacturers Daimler AG and Cummins Inc. reported more success in North American truck markets during the year’s first quarter, compensating for problems in other parts of the world.

May 7, 2012
Business

Wabash National Posts Higher 1Q Profit

Wabash National Corp. reported a higher first-quarter profit as trailer shipments increased.

May 2, 2012
Business

ISM Manufacturing Index Improves in April

U.S. manufacturing activity accelerated in April, the Institute for Supply Management said Tuesday.

May 1, 2012
Business

Cummins’ 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 — and new supply-chain realities.

April 30, 2012
Business

Eaton’s First-Quarter Profit Rises

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

April 23, 2012
Business

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

CHENNAI, India — Daimler AG officially opened its massive plant here on April 18, as the world’s 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