BYNUM, MT—Yates Constructors is building an assembly plant here to make equipment for processing Canadian oil sands. The facility will hire 75 to 100 workers beginning in April.
DETROIT—GE has agreed to buy 2,000 Ford C-MAX plug-in hybrid vehicles, as part of the conglomerate’s plan to convert half its global fleet to alternative fuel vehicles.
POCASSET, MA—Hydroid Inc., a maker of autonomous underwater vehicles, has begun constructing a new assembly plant and research facility here. The company will hire at least 21 new workers next year.
WASHINGTON—Connecting industrial operations to the Internet could lead to significant gains in productivity, potentially worth $10 trillion to $15 trillion globally, a study by General Electric.