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Governments Offer Incentives to Save Ford Jobs (WTOL News 11)

Filed under: Industry News    

Governments Offer Incentives to Save Ford Jobs (WTOL News 11)

MAUMEE — Several local governments have come up with a plan to save jobs in northwest Ohio. The city of Maumee, Lucas County, the Toledo/Lucas County Port Authority, and the UAW have offered Ford Motor Company more than $15.7 million in incentives to keep the Maumee Stamping Plant open.   more.

Search for body yields no bones, just stones

Troy Record - About an hour after the search began, police set aside shovels and sifters in favor of a city Department of Public Works backhoe that dug a roughly 10-foot-wide hole in the yard along a fence on the Rensselaer Street side. DPW workers said they dug .   more.

Demand for fire-retardant materials up as construction industry implements advanced safety solutions (AME Info)

With the Civil Defence authorities enforcing more stringent fire-safety measures, UAE’s construction industry is increasingly opting for advanced fire-retardant materials, generating an increased demand for high quality safety materials.   more.

Siemens, Hyundai win $22 mln POSCO order (Reuters via Yahoo! Asia News)

SEOUL, Oct 28 (Reuters) - A consortium of Germany’s Siemens AG and South Korea’s Hyundai Heavy Industries Co. Ltd. has won a $22 million equipment order from steel maker POSCO Co. Ltd. , Siemens said on Saturday.   more.

Caterpillar’s profit comes in below estimates

MSNBC - PEORIA, Ill. - Caterpillar Inc. on Friday said third-quarter profit climbed 15 percent as the company sold more of its construction and mining equipment at higher prices. The heavy-equipment maker lowered its full-year earnings forecast, however, and .   more.

Channels predicted to have $38 billion impact over 20 years

Tulsa World - 600 million would come from commercial construction to develop the islands with about 820 jobs created annually between 2011 and 2020. $1 billion would come from ongoing operations on the islands. $35.3 would come in long-term economic .   more.

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