factory

The factory will house low-voltage and automatic products.

ABB Ltd (NYSE:ABB) said it plans to add 1,000 jobs in Brazil. It has acquired factory space in Sorocaba, Saol Paulo, which will help the company expand its portfolio of solutions and services in Brazil. This will be the Group's fo

General Motors (NYSE:GM), Ford (NYSE:F) and Chrysler (FIATY) are preparing for a massive factory hiring as the companies boost production to satisfy the returning appetite for new vehicles. All three automakers have recalled many

The temporary shutdown of the company's 13 factories in North America is inevitable, the company said. How long the production stoppage will last is unknown.

Toyota Motor Co (NYSE:TM) announced earlier today that they will have to close down all of their North American factories by the end of this month due to a parts shortage caused by the damage from the Japanese earthquake and tsuna

Honda Motor Co. says it will temporarily cut production at its North American auto factories starting Wednesday due to shortages of parts, according to a report by the Associated Press. The AP sites a company statement that indica

General Motors (NYSE:GM) announced today, in another sign of the Japanese disaster's global impact, that it is halting some production and temporarily laying off workers at its Tonawanda, N.Y.

Some Japanese air- and seaports are still closed due to damage from the earthquake and tsunami, which is constricting the company's supply chain to North America.

The temporary job suspensions would affect about 1,100 of the factory's employees.

A Honda Motor Co (NYSE:HMC) factory in El Salto, Mexico may suspend half of its workforce as inventories run dry, local newspaper Reforma reported, citing a company spokesman.

That represents 30% to 40% of the company's U.S. employee base currently at 2,275 workers.

Hutchinson Technology has closed multiple plants and cut hundreds of jobs over the past two years as it lost customers during the recession.

The cuts will be made over the next year and will reduce costs by $45 to $60 million per year.

Hutchinson Technology Inc (NASDAQ:HTCH) said today it would cut between 680 and 900 jobs from its U.S. workforce.