Manufacturing and Transportation

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What will U.S. economy look like when it recovers?

CHICAGO (Reuters) - No one knows how long this U.S. recession will last, nor how bad it might get.

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Mr. CEO, do stock prices make any sense?

Some 7,000 Dow points ago, in October 2007, the outlook for U.S. businesses was rosy, earnings were up smartly, banks had money and lent it. People actually bought cars.

More risks than rewards from M&A

CHICAGO (Reuters) - Plunging stock prices may make companies look like relative bargains, but for right now manufacturing companies see more risks than rewards in corporate deal-making.

John Maynard Keynes joins the board

Faced with an economy reeling from the worst financial crisis since the Great Depression, executives at the Reuters Manufacturing Summit in Chicago this week largely backed the deficit spending spree lately embarked upon by the U.S. government.

Manufacturing execs see more regional approach

CHICAGO (Reuters) - Tightening credit terms and an expected rebound in energy costs may shift manufacturing patterns, with multinationals producing goods closer to their customers rather than shipping them across oceans.

U.S. manufacturers try to ride out the storm

CHICAGO (Reuters) - Manufacturers are hoping to ride out the worst U.S. and global economic storm in decades, but some fear that more pain lies ahead as demand plummets and a recovery could be tentative at best.

Parts sales hold clues to industrial recession

CHICAGO (Reuters) - U.S. industrial companies that sell expensive capital equipment are finding that servicing older equipment can help offset some of the current drop in sales of new machinery.

Hunkering down in production town

That was one common theme that emerged from conversations with executives from nearly a dozen U.S. companies at this week's Reuters Manufacturing and Transportation Summit.

Emerson sees acquisition opportunities

CHICAGO (Reuters) - Industrial conglomerate Emerson Electric Co may step up acquisition activity in the current downturn amid depressed prices and less competition from private equity firms, a senior executive said on Wednesday.

Nalco CFO: US economy power waning

CHICAGO (Reuters) - The United States is unlikely to fully regain its stature as a global economic leader after the current downturn, according to Nalco Holding Co's chief financial officer, who said the company was focusing more on China and India to help spur growth.

Old Dominion CEO says union bill would hurt

CHICAGO (Reuters) - The Employee Free Choice Act that U.S. unions want passed by the current Congress would harm American businesses and reduce global competitiveness, the head of truck firm Old Dominion Freight Line Inc said on Wednesday.

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