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Plants Shutdown & Relocation

Tight credit, financial chaos slam auto sales in United States

DETROIT - Tight credit, economic worries and high gasoline prices combined to crush the U.S. sales of American and foreign automakers alike last month, with Ford, Toyota, Chrysler and Nissan all posti...

MANUFACTURING: Hanes moves jobs out of hemisphere

CourierPOstOnline.com • October 1, 2008 Apparel maker Hanesbrands Inc. said it will close nine plants across five countries and cut about 12 percent of its work force as it restructures its operations in order to cut costs. The...

NXP Semiconductors To Restructure Organization, Cut 4,500 Jobs

Eindhoven, The Netherlands, 12 September 2008 - NXP Semiconductors (formerly Philips Semiconductors) today announced a redesign program that will bring NXP to a healthy financial situation and position the company for future...

Nippon Oil, Sanyo eye thin-film solar cell jv

Source: Reuters (Adds closure of microchip plant) TOKYO, Sept 30 (Reuters) - Japan's Sanyo Electric Co Ltd <6764.T> has agreed to start talks with Nippon Oil Corp <5001.T> over a thin-film solar cell ...

Dairy Crest mulls factory closure

Shares in Dairy Crest, the maker of Clover spread, have dropped following an announcement that it will cut jobs and is considering closing a factory. By late morning its shares were trading 3.75% lower at 391.50p. The news...

Ford plant moves to four-day week

The five millionth Ford Transit rolled off the production line in 2005 The Ford Motor Company is to implement a four-day week for staff at its Transit van factory in Southampton. Ford said the move, which will come into...

Rumors hit Qimonda stock: Shares fall by a third; stability of chip maker with local site at issue

Via Acquire Media NewsEdge) Sep. 30--Shares of Qimonda AG dropped 32 percent yesterday on uncertainty about the future of the struggling semiconductor company. The stock closed yesterday at $1, down 48 cents, on the New...

Sayers former bakery in Norris Green hit by fire

Sep 29 2008 by Ben Turner, Liverpool Echo ARSONISTS are suspected of setting fire to the former Sayers bakery. Firefighters arrived at the scene just before 8pm to find the rear of the property in Lorenzo Drive, Norris...

Town shows economic woes weighing on election

Todd and Sherri Brink stand with their family from left, Todd Jr, 10, Madison, four months (in Sherri's arms), Taylor, 3, and Braydon, 2, in front of their trailer in Wakarusa, Ind., Wednesday, Sept. 10, 2008. Todd Brink...

Local Reynolds plants may get transfer workers

The United Steelworkers union is exploring how many Reynolds Packaging Group workers could transfer to Louisville from Richmond, Va., where the company is closing three facilities. Meanwhile, at a Reynolds plant here that...