WASHINGTON—The Commerce Department has proposed a 24 percent global tariff on steel shipments coming into the U.S. and a 7.7 tariff on imported aluminum.
BLUE SPRINGS, MO—Tier 1 supplier Faurecia will spend $60 million to build a new assembly plant here. The 250,000-square-foot factory will produce door and instrument panels and is expected to employ 300 people.
FORT WAYNE, IN--ElringKlinger is planning a $23 million expansion of its factory here. The company makes automotive cylinder and head gaskets, as well as components for lithium-ion batteries and fuel cells. It plans to add $20.6 million in manufacturing, logistics and information technology equipment, resulting in the creation of 120 new jobs.
BASILDON, England--Have you ever wondered how New Holland builds its tractors? Take a picture tour of the company's state-of-the-art plant in this British town.
WASHINGTON—The number of major work stoppages involving 1,000 or more strikers dropped to seven last year from 15 in 2016—the second lowest number since 1947.
LOUISVILLE, KY—Consumer demand for the new Lincoln Navigator and Ford Expedition have so exceeded expectations that Ford Motor Co. has increased its production targets by 25 percent while also investing another $25 million in improvements to its assembly plant here.
EVERETT, WA--Boeing has received a big order for the freight version of its 747 that will keep the super jumbo assembly line here humming for a few more years.
WASHINGTON—The U.S. economy added a better-than-expected 200,000 jobs in January, the Labor Department said. The unemployment rate held steady at 4.1 percent, its lowest level since December 2000.
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