Navistar announced a $125 million investment in its Huntsville, Alabama, engine plant as part of a plan to begin producing next-generation big-bore diesel engines developed with its European partner, Traton, in the future.
General Motors Co. is making a new round of upgrades to its Fort Wayne Assembly plant to further increase production of the all-new Chevrolet Silverado 1500 and GMC Sierra 1500 pickups.
Volvo Group North America improved its energy performance at 14 of its U.S. facilities by 17.5% since Volvo re-pledged the U.S. Department of Energy Better Buildings, Better Plants Challenge in 2014 to reduce energy consumption by 25% in 10 years.
Great Dane has recognized two of its supply partners, Hendrickson International and Rockland Flooring, with service awards for their outstanding support and commitment to the company.
Volvo Trucks North America recently welcomed home the very first Volvo truck model to roll off the assembly line at its New River Valley assembly facility in Dublin, Va.
The U.S. unemployment rate in May hit its lowest level since 2000, while other reports showed increased movement in the nation’s manufacturing sector and spending on construction hit a record high.
Orders for long-lasting durable goods fell in April, but a closely watched proxy of business investment moved higher. And although sales of existing homes declined, consumer sentiment remains strong.
A first look at the nation’s manufacturing for this month shows business conditions improved just a little from the previous month, remaining strong, while a separate report showed that although new homes sales fell last month, they posted a double-digit gain compared to a year ago.
Industrial production rose again in April for the third consecutive month, according to Federal Reserve figures issued Wednesday, while separate reports show a decline in new home sales and a smaller gain in retail sales.
Two reports about the nation’s manufacturing sector during April showed it continued expanding, though they differed in just how much activity increased overall. Another report indicated activity in the construction sector was volatile.