Televisions are being made in the U.S. again, but the effort says as much about marketing as it does about the global shift in manufacturing costs that is lifting wages in China and elsewhere. (Read More)
LONDON (Reuters) - Japanese electronics group Panasonic plans to open a European factory this year to make home appliances, a market it is targeting as sales of televisions stagnate, in a rare vote of confidence for manufacturing in the crisis-hit euro zone. Panasonic is looking to minimize the effect of a strong yen on its exports by bringing ... (Read More)
(Reuters) - Eaton Corp's purchase of electrical equipment maker Cooper Industries means another U.S. company will soon leave the United States in favor of relocating its headquarters to a foreign country with sharply lower taxes. In the case of diversified industrial manufacturer Eaton , a complicated corporate structure will allow it to become ... (Read More)
Lesotho has built a thriving textile-manufacturing sector that now provides more than half of the jobs in the country of two million. But Europe's debt crisis has hit the industry hard. (Read More)
Stanley Furniture is an oddity in an industry moving production abroad: it shifted its baby crib manufacturing back to the U.S. from China, capitalizing on Americans' willingness to pay more for perceived safety. (Read More)
Manufacturers are returning some production to the U.S. from abroad. But the experience of Whirlpool and scores of other companies shows the moves aren't creating a huge number of jobs. (Read More)
(Reuters) - Diversified industrial manufacturer Eaton Corp struck a deal to buy electrical equipment maker Cooper Industries for $11.8 billion in cash and stock, paying a 29 percent premium to broaden its services to the electrical industry. Eaton, announcing the deal on Monday, also said it would reincorporate in Ireland, where Cooper is based. ... (Read More)
Thailand's economy expanded in the first quarter, boosted by a rebound in domestic consumption, investment and manufacturing following devastating floods across large swaths of the country during the final quarter of last year. (Read More)
The concept of lean software traces its origins to lean manufacturing and the Toyota Production System. Building software is much different than building a car, but lessons about reducing waste and achieving continuous improvement apply nonetheless. (Read More)
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