MONTGOMERY, AL—Nearly 20,000 people have applied for the 877 new jobs that Hyundai is filling for a third shift at its assembly plant here, and applications are still coming.
PARIS, TN—Dana Holding Corp. will spend $3.8 million to expand its oil cooler assembly plant here. The investment is expected to create 49 full-time jobs.
NuStep Inc. is not a big company. Based in Ann Arbor, MI, the exercise equipment manufacturer employs 80 people and tallied $24 million in sales in 2010.
DETROIT—The global market for automobile sensors is expected to increase at a compound annual growth rate of 7.7 percent, reaching $22.1 billion by 2017.
DETROIT—North American sales of microelectric vehicles could reach 118,000 units by 2017, according a new report. Frost & Sullivan’s report predicts that sales could expand at a compound annual growth rate of 39 percent between 2010 and 2017.