TOKYO, JAPAN-Leading automakers here are
suspending production at their domestic plants on Monday as they assess the
condition of their factories and parts suppliers after Friday's devastating
earthquake and tsunami. They did not say when they would resume production.
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DETROIT-Whirlpool is investing $1 billion in its U.S. footprint, chairman and CEO Jeff Fettig told the Detroit Economic Club here yesterday. Whirlpool is “very confident in the future of U.S. manufacturing” and hopes to increase its revenue 33 percent over the next three years to $24 billion, he said. MORE
CHATTANOOGA, TN-From 85,000 applicants, Volkswagen has hired more than 1,500 workers and begun filling second-shift production jobs at its assembly plant here. MORE
MADISON, MS-French auto supplier Faurecia is buying Johnson Controls factory here, which makes seating for Nissan’s assembly plant in nearby Canton. MORE
HONG KONG-Labor trends that have fewer Chinese workers opting for menial, low-paying factory jobs on the east coast are expected to spread to the nation’s less-developed central and western regions, according to a report Wednesday in the state-run China Daily. MORE
MINNEAPOLIS-Medtronic Inc. has resolved issues at assembly plants in Mounds View, MN, and Juncos, Puerto Rico, that were raised in warning letters from the FDA. MORE
MARIETTA, GA-Lockheed Martin union workers approved a new three-year contract Sunday, avoiding the threat of a strike at the company’s aircraft assembly plant here. MORE