Edition:
United States

Timothy Aeppel

U.S. heavy equipment makers, hurt by tariffs, vow to make them top election theme

Mar 10 2020

America’s heavy equipment makers aim to make tariffs an election year issue after losing market share to imports of foreign goods as a result of the levies on inputs imposed by the Trump administration.

Rear-view mirror: U.S. hiring boomed in February but coronavirus risks job cuts in future

Mar 06 2020

CHICAGO/NEW YORK A Florida toymaker plans layoffs. A Wisconsin construction gear manufacturer has frozen hiring. And a California cosmetics company has idled some production, leaving 20 temporary workers with no paycheck.

Emerson CEO sees China coronavirus situation stabilizing

Mar 04 2020

March 4 Emerson Electric Co. said it expects sales at its vast China operations to take a painful hit in the first quarter as a result of the coronavirus, but that about half of that lost business will be made up later in the year as China scrambles to stimulate its economy, which will fuel demand for Emerson’s industrial equipment.

'Neutron Jack' Welch, who led GE's rapid expansion, dies at 84

Mar 02 2020

NEW YORK Jack Welch, who upended the business world in the 1980s and 1990s by transforming General Electric Co from a stolid maker of light bulbs and washing machines into the most valuable U.S. public company, has died at 84, GE said on Monday. | Video

CORRECTED-UPDATE 8-'Neutron Jack' Welch, who led GE's rapid expansion, dies at 84

Mar 02 2020

NEW YORK, March 2 Jack Welch, who upended the business world in the 1980s and 1990s by transforming General Electric Co from a stolid maker of light bulbs and washing machines into the most valuable U.S. public company, has died at 84, GE said on Monday.

U.S. manufacturers scramble for costly alternatives as coronavirus cuts Chinese supplies

Feb 20 2020

CHICAGO/NEW YORK The outbreak of coronavirus in China has forced U.S.-based suppliers to industrial giants such as Caterpillar Inc , Deere & Co and Komatsu Ltd to grapple with a surge in costs to avoid production disruptions.

UPDATE 1-Emerson says will not pursue a break-up following internal review

Feb 13 2020

Feb 13 Emerson Electric Co told investors on Thursday it would not pursue a break-up following a review it launched last year into whether to separate its industrial automation operations from its air-conditioning business.

U.S. companies cut back on installing robots in 2019

Feb 11 2020

U.S. companies installed fewer robots in 2019 than they did the year before, the first cut back since 2015, as a downturn in manufacturing fueled by trade wars and weaker demand dampened appetite for the machines.

Massachusetts hand-dryer maker gets helping hand from U.S.-China trade war

Dec 11 2019

EAST LONGMEADOW, Mass. The U.S.-China trade war is creating something William Gagnon once thought impossible - a 100% American-made bathroom hand dryer.

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