German drug company Merck says it has agreed to buy St. Louis-based chemical firm Sigma-Aldrich Corp. for $17 billion in a deal Merck says will strengthen its business in chemicals and laboratory equipment.
Manufacturers are always looking to push themselves and their machines harder to boost output and improve productivity. Four of the best areas to look at for improvements to output are the materials used, the incentives used to drive up numbers, the workers outside of the factory walls, and anyone with something to share.
Callon Petroleum Co. has raised $122 million from a stock sale, with plans to use the proceeds to pay for new oil and gas properties it plans to buy in the Permian Basin of west Texas.
Shell Oil Co. and Motiva Enterprises LLC, which markets Shell gasoline and other products, have agreed to pay $4,470,764 in overtime back wages to 2,677 current and former chemical and refinery employees as a result of investigations by the U.S. Department of Labor that found violations of the Fair Labor Standards Act.
The U.S. current account trade deficit narrowed slightly in the April-June quarter, reflecting gains in exports of oil and civilian aircraft and a bigger surplus in Americans' overseas investment earnings.
Activist investor Nelson Peltz's Trian Fund Management LP wants DuPont to separate its business into two companies in an effort to boost shareholder value and improve its financial performance.
Cargill will close its corn milling plant in Memphis, Tennessee early next year, citing its location outside of the corn belt and under utilization.
Road construction costs north of the Alaska Range have increased because of the higher cost of asphalt, a consequence predicted when the North Pole refinery stopped producing asphalt oil in June.
The operator of the long-delayed Keystone XL crude oil pipeline has formally asked South Dakota's utility regulators to recertify the portion of the project that runs through the state.
Duke Energy plans to invest $500 million in solar power to meet North Carolina's requirement that more of its electricity come from renewable energy.
A measure of prices that producers receive for their goods and services was unchanged in August, the latest sign that inflation is in check.
If your company manufactures machinery that has potential hazards associated with its transportation, installation, use, maintenance and/or disposal, you most likely have a strong need to create effective product safety labels. And the stakes are too high for the job to be done incorrectly – people’s lives and your company’s financial well-being are on the line.
Steel company Nucor is buying Gallatin Steel Co. for about $770 million, which will expand Nucor's footprint in the Midwest.
U.S. manufacturing output declined in August for the first time in seven months, reflecting a sharp fall in production at auto plants.
Do manufacturing jobs "belong" on-shore? Is off-shoring or outsourcing inherently bad? Both questions are based on an erroneous assumption that effective trade creates winners and losers. A job producing something in Vietnam does not equate to one fewer job here in the US. It does not have to be a zero sum game. Experience has shown that a properly executed strategy can and should create winners on both sides.
The increase in oil exploration activities, investments in new refineries, and modernization of existing facilities will spur the uptake of valves and actuators, particularly in emerging markets.
Eastman Chemical said in a statement that the acquisition will strengthen Eastman Chemical's presence in markets such as food, feed and agriculture. It also provides opportunities to speed up growth in the personal care, coatings and oil and gas.
Alcoa Inc. said Thursday that it won a multi-year contract worth more than $1 billion to supply aluminum products to aircraft maker Boeing Co.
The CHS Inc. refinery in Laurel plans a $406 million upgrade to efficiently produce more diesel fuel to meet increased demand from agricultural users and oil activity in the Bakken.
A judge on Wednesday gave Big River Steel more time to respond to a federal lawsuit filed by a rival company that hopes to stop the $1.3 billion project from moving forward in northeast Arkansas.
Production from the natural gas-rich Barnett Shale in North Texas has risen even as drilling activity and natural gas prices have fallen, according to a study commissioned by the Fort Worth Chamber of Commerce released Wednesday.
In what has become a painful exercise across Appalachia, Patriot Coal is again telling hundreds of West Virginia mine workers that they could lose their jobs.
Exporting more U.S. crude around the world would lower the price of gasoline for U.S. drivers and benefit the U.S. economy, according to a new study released Tuesday.
Looking at the manufacturing industries as a whole, there is notable progress being made with respect to operational efficiency and profitability. Even so, the required pace of responding to marketplace demands is accelerating, and will only continue to do so, requiring manufacturing organizations to optimize their people, processes, and technologies—what we refer to as a journey towards Operational Excellence.