Free Republic 1st Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $17,222
Woo hoo!! And the first 19% is in!! Thank you all very much!! God bless.

Keyword: manufacturing

Brevity: Headers | « Text »
  • Here’s What Trump Doesn’t Get About American Manufacturing

    01/14/2017 7:14:50 PM PST · by E. Pluribus Unum · 138 replies
    Fortune ^ | 2017-01-14 | Bill George
    If the Roman emperors ruled by edict, President-elect Donald Trump appears poised to rule by tweet. Even before taking office, Trump has discovered he can move the world’s largest global corporations with simple, 140-character tweets. And though his aggressive approach is winning politically, good politics doesn’t necessarily mean good economics. Voters see Trump fulfilling his campaign promises to close America’s borders and bring jobs back home. He is using the bully pulpit to stand up for workers by taking on the most powerful American companies, including Ford (F, +0.32%), General Motors (GM, -0.45%), Toyota (TM, +0.14%), Boeing (BA, +0.34%), Lockheed...
  • Donald Trump vs. America's automakers

    01/14/2017 2:37:42 PM PST · by E. Pluribus Unum · 7 replies
    The smartest insight and analysis, from all perspectives, rounded up from around the web: Car companies are desperate to get on the good side of the president-elect, said Bernie Woodall and David Shepardson at Reuters. For months, Donald Trump has threatened to slap big tariffs on cars built in Mexico and has scolded U.S. automakers — sometimes inaccurately — for not building more cars domestically. All that criticism appears to be sinking in. Fiat Chrysler said this week that it will invest $1 billion in two Midwestern plants and create 2,000 U.S. jobs; Ford announced last week that it would...
  • Foxconn-Sharp considering LCD plant in US

    01/12/2017 7:51:21 PM PST · by 2ndDivisionVet · 26 replies
    Nikkei Asia Review ^ | January 13, 2017 | Jun Iiyama, Nikkei staff writer
    OSAKA -- Hon Hai Precision Industry and its Japanese subsidiary Sharp have begun studying the possibility of building a liquid crystal display panel plant in the U.S., a Sharp executive said Friday. The plan is "on the table," the executive said. "We will make a decision carefully." The Taiwanese electronics contract manufacturer, also known as Foxconn, and its Japanese alliance partner SoftBank Group reportedly told Donald Trump they would jointly make significant investments creating new jobs in the U.S. when SoftBank Chairman Masayoshi Son met the President-elect in New York last month. The joint investment plan was proposed by Son,...
  • Trump poses challenge to Ireland with belligerence on Big Pharma [nuacht bréagach]

    01/12/2017 7:30:53 AM PST · by Olog-hai · 1 replies
    Irish Times ^ | 01/11/2017 | Dominic Coyle, Laura Slattery
    US president-elect Donald Trump has thrown down a major challenge to Ireland by using his first press conference since winning the White House to target the pharma and medtech sectors. Hailing his recent success in persuading a number of major car manufacturers to route new investment into the United States rather than to Mexico under threat of substantial import tariffs, Mr. Trump turned his attention to drug manufacturers. “We’ve got to get our drug industry back,” the incoming US president said. “Our drug industry has been disastrous. They’re leaving left and right. They supply our drugs, but they don’t make...
  • Like it or not, the “Trump Effect” is looking more and more real

    01/11/2017 4:29:54 PM PST · by 2ndDivisionVet · 26 replies
    Hot Air ^ | January 11, 2017 | Jazz Shaw
    This morning I heard Bryan Williams (of all people) say that today is “one of the busiest news days” since the election. I suppose that’s true if you butter your bread in the cable news game. But while much of the press corps prefers to discuss secretive and probably imaginary meetings in Prague of whatever bits of dirt they can dig up on the cabinet nominees, there have been some other things happening. Ever since Donald Trump was elected there’s been a not always quiet undercurrent of concern flowing through companies who do a lot of outsourcing or build factories...
  • President Elect Trump Meets With Alibaba’s Jack Ma in Trump Tower….

    01/09/2017 2:21:23 PM PST · by lafroste · 13 replies
    Conservative tree house ^ | 1/9/2017 | Sundance
    When President-elect Donald Trump says “America First” too few actually understand the severity of his determination to accomplish that goal. Leverage, or more accurately creating leverage, is a business art that Donald Trump has uniquely honed for decades. There are trillions of dollars in play. Against the backdrop of a known position by President-elect Trump toward the business and financial monopolization by Amazon and Jeff Bezos, President Trump publicly brings Alibaba CEO Jack Ma to the camera’s in Trump Tower. All except the business media will probably skip over the larger play within this epic display of 3-D leverage creation....
  • Apple plans 'high-tech manufacturing' of data-center gear in Arizona

    01/09/2017 1:52:20 PM PST · by SeekAndFind · 22 replies
    Business Insider ^ | 01/09/2017 | Kif Leswing
    Apple is seeking permission to conduct "high-tech manufacturing" and to build data-center server gear in a Mesa, Arizona, facility, according to a notice published Monday by the US federal government. A notification published in the Federal Register on Monday said Apple was looking for approval from the Foreign-Trade Zones Board to produce "finished products" in a special zone that exempts it from customs duty payments. "Apple Inc has repurposed the site as a global data command center that will conduct high-tech manufacturing of finished data center cabinets for other data centers," according to a document filed by Mesa on behalf...
  • Trump: it's finally happening ...

    01/09/2017 6:19:24 AM PST · by Sidebar Moderator · 55 replies
    Twitter ^ | January 9, 2017 | President-elect Donald J. Trump
    It's finally happening - Fiat Chrysler just announced plans to invest $1BILLION in Michigan and Ohio plants, adding 2000 jobs. This after Ford said last week that it will expand in Michigan and U.S. instead of building a BILLION dollar plant in Mexico. Thank you Ford & Fiat C!
  • Fiat Chrysler to build 3 new Jeeps, create 2,000 jobs in US

    01/08/2017 3:15:23 PM PST · by mandaladon · 92 replies
    Yahoo News ^ | 8 Jan 2017 | Tom Krisher
    DETROIT (AP) -- Fiat Chrysler will add three new Jeeps to its lineup including a pickup truck as it invests $1 billion in two U.S. factories, furthering its effort to increase production of hot-selling SUVs and pickup trucks and get out of producing small and midsize cars. The expansion will create 2,000 new jobs. The Italian-American automaker said Sunday it will modernize a factory in the Detroit suburb of Warren, Michigan, to make the new Jeep Wagoneer and Grand Wagoneer large SUVs. A factory complex just south of there in Toledo, Ohio, also will get new equipment to make the...
  • More Winning: Chrysler Announces $1 billion Investment In U.S. Manufacturing, 2,000 New Jobs

    01/08/2017 2:07:37 PM PST · by nodwam · 20 replies
    Hidden Americans ^ | 01/08/2017 | Richard Saunders
    It’s rare that a president makes good on campaign promises let alone before they take office. Earlier this week Ford said it would cancel a new plant in Mexico and invest in Michigan and now Chrysler says it will be spending a billion dollars on manufacturing in the United States and adding 2,000 new jobs. The markets are at all time highs, manufacturing is coming back, and Trump hasn’t even taken office yet. We are embarking upon an American resurgence.
  • Peugeot car plant closed as Muslim workers took ‘too many prayer breaks’

    01/07/2017 4:18:54 PM PST · by LibWhacker · 58 replies
    Fitnaphobia ^ | 1/7/17 | Robert Spencer
    The future of France, and of Europe in general, can be glimpsed in this episode. “The Aulnay site closed because Muslim employees were constantly taking unscheduled prayer breaks and had become unproductive. It’s the truth. A Peugeot official told me that it was one – but obviously not the only – of the reasons the plant was shut down.” They may have considered it their due to receive payment from unbelievers even while not working. In Islamic law, non-Muslims have the duty to provide for the upkeep of Muslims. British jihadist Anjem Choudary said in February 2013: “We are on...
  • Trump has already created thousands of jobs, but needs big reforms to keep them

    01/06/2017 7:16:31 PM PST · by 2ndDivisionVet · 1 replies
    KTVL-TV ^ | January 6, 2017 | Leandra Bernstein
    Donald Trump pledged that his administration would be about three things, "jobs, jobs, jobs." When Ford Motor Company announced on Tuesday that it would invest $7 billion in a new U.S. plant in Flat Rock, Michigan and hire 700 new workers, Trump appeared to be keeping one of his most important campaign promises. According to experts, if Trump wants to continue on his path towards millions of well-paying American jobs, there is only so much he can do from the Oval Office and on Twitter. Trump will need buy in from lawmakers to get regulatory and tax reforms if he...
  • Economics and finance The manufacturing jobs delusion

    01/06/2017 3:00:12 AM PST · by expat_panama · 31 replies
    The Economist ^ | Jan 4th 2017, 12:17 | Buttonwood
    INDUSTRIAL policy via Twitter is a new development in economics but we may all have to get used to it over the next four (or eight) years. Donald Trump's tweets on the car industry (and his planned cuts to corporate income tax) may or may not have persuaded Ford to keep a plant in Michigan, creating 700 jobs. But the problem with such headline-grabbing is that there are thousands of companies in America, and jobs are being created or destroyed every day; intervening in all these situations is impossible. Even in cars, for example, GM has recently announced 3,300 lay-offs,...
  • Inside How Trump Won the White Working Class

    01/05/2017 3:55:34 PM PST · by 2ndDivisionVet · 7 replies
    Vanity Fair | January 5, 2017 | Ken Stern
    Link only due to copyright issues:
  • Here’s Why Stanley Black & Decker Is Building a New U.S. Plant.(Bringing Craftsman tools back)

    01/05/2017 12:41:40 PM PST · by 2ndDivisionVet · 36 replies
    Fortune ^ | January 5, 2017 | Phil Wahba
    Stanley Black & Decker is opening a new $35 million manufacturing plant in the United States to help it rebuild, and perhaps more importantly "re-Americanize," the Craftsman tool brand it just bought from Sears Holdings. While the extra capacity should help get a once-iconic $2 billion a year line back on its feet, the move also potentially offers Stanley Black & Decker another benefit: shielding it from a potential surge in economic nationalism under President-elect Donald Trump. Though Stanley Black & Decker chief executive James Loree did not mention Trump by name in his comments to Wall Street analysts and...

    01/04/2017 12:31:22 PM PST · by Enlightened1 · 49 replies
    AP ^ | 01/04/17 | PETER ORSI
    Ford Motor Company's cancellation of plans to build a $1.6 billion auto manufacturing plant in San Luis Potosi has sounded alarms throughout Mexico. Even as the country is being rocked by rowdy nationwide protests against a Jan. 1 gasoline price hike, the Ford news led the front pages of Mexico's most influential newspapers on Wednesday, and they tied the development directly to President-elect Donald Trump. "Trump leaves Mexico without 3,600 jobs," read the headline on El Universal. "Ford's braking jolts the peso," said Reforma, referring to the Mexican currency's nearly 1 percent slump following the news. "The jobs created in...
  • Scuttled Ford plant has Mexico fearing more under Trump

    01/04/2017 1:21:47 PM PST · by springwater13 · 104 replies
    "Mexico loses thousands of jobs with no word on a clear strategy for confronting the next U.S. government which has presented itself as protectionist and, especially, anti-Mexican," the paper wrote. "Trump will try to recover as many U.S. companies that have set up in Mexico as possible. He will try to make them return at whatever cost, through threats or using public resources." "Ford's decision is indicative of what awaits the economies of both countries," the daily La Jornada said. "For ours a severe decrease in investment from our neighboring country, and for the U.S. a notable increase in their...
  • Trump has a secret weapon on jobs and trade

    01/03/2017 4:48:38 PM PST · by 2ndDivisionVet · 22 replies
    CNN Opinion ^ | January 3, 2017 | Paul Sracic
    Ford Motor announced Tuesday that it would not invest in new manufacturing operations in Mexico, and instead would create 700 new jobs in Michigan. This follows on the heels of a similar announcement by the United Technologies unit, Carrier, in November that it would save hundreds of jobs at an Indiana plant, and not move them to Mexico. These moves did not take place in a vacuum. In each case, the companies faced an implicit, and sometimes explicit, threat from President-elect Donald Trump. And it will be fascinating to watch what GM ultimately does in response to Trump's tweet Tuesday...
  • Ford to scrap Mexico plant, invest in Michigan; CEO cites Trump policies

    01/03/2017 9:55:24 AM PST · by StormPrepper · 29 replies
    Foxnews ^ | January 03, 2017 | Foxnews
    Ford says it is creating new jobs in the US Before he's even taken office, President-elect Donald Trump has proven to be quite the job creator. Ford Motor Company announced Tuesday it will cancel a $1.6 billion plant planned for Mexico and will instead invest $700 million in a Michigan assembly plant, directly tying the decision to “pro-growth policies” championed by President-elect Donald Trump.
  • Ford cancels Mexico plant. Will create 700 U.S. jobs in 'vote of confidence' in Trump

    01/03/2017 8:47:52 AM PST · by MaxistheBest · 19 replies ^ | 01/03/2017 | Heather Long and Poppy Harlow
    Ford is canceling plans to build a new plant in Mexico. It will invest $700 million in Michigan instead, creating 700 new U.S. jobs. Ford (F) CEO Mark Fields said the investment is a "vote of confidence" in the pro-business environment president-elect Donald Trump is creating. However, he stressed Ford did not do any sort of special deal with Trump. "We didn't cut a deal with Trump. We did it for our business," Fields told CNN's Poppy Harlow in an exclusive interview Tuesday. He said Ford did speak with Trump and vice-president elect Mike Pence this morning. Powered by
  • US construction spending hits more than 10-year high in November

    01/03/2017 8:37:59 AM PST · by RoosterRedux · 4 replies
    CNBC ^ | Berkeley Lovelace/AP/Reuters
    U.S. construction spending rose more than expected in November, reaching its highest level in 10-1/2 years, which could provide a lift to fourth-quarter economic growth. The Commerce Department said on Tuesday that construction spending increased 0.9 percent to $1.18 trillion, the highest level since April 2006. It was boosted by gains in both private and public sector investment Construction spending in October was revised up to show a 0.6 percent rise instead of the previously reported 0.5 percent increase. Construction spending was up 4.1 percent from a year ago in November. Economists polled by Reuters had forecast construction spending rising...
  • Ford Cancelling Mexico Plant, Invest $700 million in MI expansion instead

    01/03/2017 8:05:42 AM PST · by rb22982 · 218 replies
    CNBC ^ | 1/3/2017 | CNBC
    Ford canceling plans for $1.6 billion plant in Mexico, investing $700 million in Michigan expansion instead
  • Manly men need to take on more girly jobs

    01/02/2017 2:54:03 PM PST · by 2ndDivisionVet · 72 replies
    The Virginian-Pilot | January 2, 2017 | Betsey Stevenson, Bloomberg
    Link only due to copyright issues:
  • Manufacturers in Minnesota, Midwest expect 2017 to trump 2016

    01/01/2017 3:53:06 PM PST · by 2ndDivisionVet · 3 replies
    The Minneapolis Star Tribune ^ | December 19, 2016 | Dee DePass
    Factory heads in Minnesota and the rest of the Midwest are ready for 2016 to be over. Pressure from the strong U.S. dollar coupled with soft oil, mining and agriculture sectors meant tough conditions across the board. Add in some nervousness because of a pending presidential election and optimism was tepid. Enter 2017. U.S. manufacturers say on surveys they are upbeat and cautiously optimistic about the new year. Bad trends will reverse themselves and positive trends — such as efficiency gains, infrastructure spending and improved pricing for oil and iron ore — will gain momentum, according to national and Midwest...
  • Manufacturers Say Get Turnaround Started At Labor Dept: Confirm President-elect Trump’s Nominee

    12/30/2016 12:48:18 PM PST · by 2ndDivisionVet · 3 replies
    Shop Floor ^ | December 30, 2016 | Rosario Palmieri, vice president, National Association of Manufacturers (NAM)
    Manufacturers can’t wait for Inauguration Day. Like the first hours of New Year’s Day and baseball’s Opening Day, anything feels possible. And when you’ve been battling eight years of volatility and policy uncertainty in the rules governing the workplace, a new way forward is exactly what we need—to help American workers and families with more jobs and higher pay. A recent National Association of Manufacturers (NAM) study calculated the cost of recent labor regulations to the economy to be $85 billion, more than 400 million hours of paperwork and up to 155,000 jobs lost over the next 10 years. That’s...
  • Catawba County manufacturing plant to add 143 jobs, $110M in investment (North Carolina)

    12/29/2016 7:29:16 PM PST · by 2ndDivisionVet · 3 replies
    The Charlotte Business Journal ^ | December 27, 2016 | Ken Elkins
    Catawba County was the biggest winner in last week’s announcement that GKN Driveline would bring 302 jobs and $179 million in investment to four of its N.C. facilities. A GKN Driveline facility in Maiden will get almost half of the jobs (143) and more than 60% of the investment ($110 million). It’s the second big expansion at the Maiden plant in two years as GKN works to meet demand for new technology in automobile drivetrain design. In 2014, the company added 228 employees and spent $114 million at the plant. Once the latest new hires are added over the coming...
  • The year ahead in automotive trends

    12/27/2016 4:38:07 PM PST · by 2ndDivisionVet · 52 replies
    Plastics Today ^ | December 27, 2016 | Stephen Moore
    The four mega-trends shaping the global auto industry over the next 15-odd years are undoubtedly vehicles with lower emissions, new powertrain technologies, autonomous automobiles and vehicle digitalization. Reflecting these mega-trends, one can anticipate more developments in lightweighting, drivetrain optimization, car computerization, infotainment and driverless transportation in 2017. Here PlasticsToday gives its take on some of the key developments expected in 2017. Staying connected, and entertained Rather than being interested in the size of the engine and the shape of the car, consumers are now more interested in “infotainment” systems, being connected, autonomous driving and diverse mobility, notes consultant McKinsey. Traditionally,...
  • Manufacturer Expanding in Columbus ($22 an hour in Indiana)

    12/27/2016 3:49:37 PM PST · by 2ndDivisionVet · 47 replies
    Inside Indiana Business ^ | December 27, 2016 | Alex Brown, Multimedia Journalist
    Columbus-based Lindal Manufacturing Inc. is planning to expand operations in Bartholomew County. The company will invest more than $17 million to build and equip a 100,000 square-foot facility in a move it says will retain 65 jobs and add 30 jobs over the next three years. The Republic reports the Columbus City Council has approved 10-year tax abatements for the construction of the facility and the purchase of the new equipment. Lindal North America Managing Director Jerry Miller tells the publication the company plans to break ground in the spring with construction expected to take nine months to complete. The...
  • Tesla, Panasonic agree to make PV cells in Buffalo, New York

    12/27/2016 7:34:48 AM PST · by Rennes Templar · 49 replies
    Yahoo News ^ | Dec. 27, 2016 | AP
    TOKYO (AP) — Japanese electronics company Panasonic and U.S. electric car maker Tesla said Tuesday they plan to begin production of photovoltaic cells and modules at a factory in Buffalo, New York. The two companies said they finalized an agreement calling for Tokyo-based Panasonic to pay capital costs for the manufacturing. Palo Alto, California-based Tesla made a "long-term purchase commitment" to Panasonic. Their statement gave no financial figures. The factory in Buffalo is under development by SolarCity Corp., a San Mateo, California-based solar panel company owned by Tesla. The PV cells and modules it produces will be used in solar...
  • No More Athleisure, Brick And Mortar, Made in China? How Fashion Will Change In 2017

    12/26/2016 9:06:05 PM PST · by 2ndDivisionVet · 23 replies
    Fast Company ^ | December 26, 2016 | Elizabeth Segran
    Change is afoot in the fashion industry. We've already seen glimpses of how the tectonic plates in the fashion world are moving. In one of our best-read fashion stories of 2016, we explored how some of the premium U.S. fashion brands of the past—Tommy Hilfiger, Calvin Klein, Ralph Lauren—have lost their luster. They're losing ground to a new generation of direct-to-consumer brands that were born on the internet, including Everlane, Cuyana, M.Gemi, DSTLD, American Giant, and Vrai & Oro. These companies are offering something different from the flashy designers of yesterday: the insight into their supply chain and sometimes even...
  • Battle Brewing for Soul of American Economy: Team Trump Girding for Fight <tr>

    12/25/2016 6:56:27 AM PST · by RoosterRedux · 17 replies
    breitbart ^ | MATTHEW BOYLE
    President-elect Donald J. Trump’s incoming administration is girding for battle with corporatists, globalists, and special business interests over his core policy objective of bringing U.S. manufacturing jobs that have been shipped overseas back to the United States, several senior advisers to Trump tell Breitbart News. “There is a big fight brewing over control of the American economy’s direction,” one of three senior advisers to the president-elect with intimate knowledge of the looming fight told Breitbart News. “Globalists, Wall Street fat cats and corporatists are fighting against President-elect Trump’s core message of returning the United States back to a major manufacturing...
  • BREAKING: U.S. Steel CEO Says 10,000 Jobs To Be Brought Back…

    12/25/2016 6:55:12 PM PST · by Mechanicos · 118 replies
    USAPoliticsNow ^ | Dec 8 2016 | USAPolitics Admin
    U.S. Steel CEO Mario Longhi admitted that manufacturing challenges exist exclusively in the United States thanks to oppressive regulation set forth by President Obama. Longhi is willing to bring as many as 10,000 jobs back to the United States because of the prosperity predicted with the advent of the incoming Trump administration. Jobs were lost to lay offs and downsizing during the Obama administration, and many employees found work overseas.
  • Iran says will only pay half price for new Boeing planes

    12/25/2016 11:11:07 AM PST · by Brad from Tennessee · 38 replies
    Associated Press ^ | December 25, 2016 | Staff
    TEHRAN, Iran (AP) -- Iran's official IRNA news agency is reporting the deputy transport minister as saying that his county will only pay half of the announced price for 80 new Boeing planes, given the reductions in its purchasing options. According to the Sunday report, Asghar Fakhrieh Kashan says that despite an initial $16.8 billion deal with Boeing to purchase 80 passenger planes, "Regarding the style of our order and its options, the purchase contract for 80 Boeing aircraft is worth about 50 percent of the amount." He did not elaborate. Boeing has made no immediate comment. Iran announced earlier...
  • Iran says it sealed Boeing plane deal at half price

    12/25/2016 11:38:54 AM PST · by Brad from Tennessee · 16 replies
    Reuters ^ | December 25, 2016 | By Tim Hepher and Peter Graff
    Iran said on Sunday it had negotiated to pay only about half the announced price for 80 new Boeing (BA.N) airliners in an order that the American planemaker had said was worth $16.6 billion. Boeing and its European rival Airbus (AIR.PA) have both signed huge contracts this month to supply airliners to Iran, the first such deals since international sanctions were lifted under a deal to curb Tehran's nuclear program. Replacing Iran's antiquated civil aviation fleet is one of the biggest economic opportunities of the 2015 accord to lift sanctions, which was negotiated by the outgoing administration of U.S. President...
  • Meet the Chinese Billionaire Who's Moving Manufacturing to the U.S. to Cut Costs

    12/24/2016 10:07:36 AM PST · by BlackFemaleArmyCaptain · 48 replies
    MSN ^ | 12/22/2016 | Kevin Lui
    While it has been said for a long time that the U.S. is bleeding manufacturing jobs overseas, particularly to China, some businesses have been moving operations the other way round. And now, the head of a leading Chinese glass maker making the same move has openly questioned if his country really is such a lucrative destination for offshore factories, reports Hong Kong newspaper the South China Morning Post. Overall speaking, the tax burden for manufacturers in China is 35% higher than in the U.S., Cao Dewang told China Business Network in an interview. He added that a combination of cheap...
  • Death By China: How America Lost Its Manufacturing Base (Official Version) - Video

    12/23/2016 11:16:03 AM PST · by RoosterRedux · 16 replies
    youtube ^ | Peter Navarro, Trump's director of the National Trade Council
    Video Link
  • China tycoon moves jobs to US, citing high taxes at home

    12/22/2016 11:41:38 AM PST · by grimalkin · 9 replies
    AFP via Yahoo! ^ | 12/22/16 | AFP
    Shanghai (AFP) - A Chinese auto glass tycoon has caused a stir by shifting part of his empire to the United States and setting up a factory in Ohio, citing high taxes and soaring labour costs at home. Cao Dewang's $600-million investment comes after Donald Trump threatened to declare Beijing a currency manipulator and slap 45 percent punitive tariffs on Chinese imports to protect American jobs. The 70-year-old tycoon's decision to open a glass factory in the eastern American state of Ohio in October -- a rare case of jobs being exported from China to the US -- triggered an...
  • Boeing CEO vows to build new Air Force One for less after Trump complaints

    12/21/2016 7:00:51 PM PST · by LUV W · 35 replies ^ | December 21, 2016 | Edmund DeMarche, Contributor
    What makes the Air Force One program so costly? The CEO of Boeing told President-elect Donald Trump Wednesday that his company can build a new Air Force One for less than originally quoted -- after Trump complained about the cost. Earlier this month, Trump made headlines for blasting the company on Twitter for alleged cost overruns with the new fleet of Air Force One planes. Trump called on the government to cancel the contract and called the supposed $4 billion price tag out of control.
  • Bad Santa: Trump Risks Cronyist Blowout with Carrier Incentives

    12/21/2016 1:36:53 PM PST · by MichCapCon · 19 replies
    Capitol Confidential ^ | 12/21/2016 | Michael LaFaive
    President-elect Donald Trump took a victory lap earlier this month after convincing Carrier to keep more than 700 jobs in Indiana instead of moving them to Mexico. Trump’s unique style of braggadocio and tough-sounding talk lends itself to such exercises. But Trump should beware of making special corporate “incentive” promises lest he trigger a flight to the border by other companies seeking handouts from Washington — or from Lansing and Michigan taxpayers. A prominent warning came not from a free-market think tank but from the Vermont socialist who nearly captured the 2016 Democratic presidential nomination. Writing about Trump, Sen. Bernie...
  • More Boeing job cuts ahead in the new year

    12/20/2016 4:40:45 AM PST · by SoFloFreeper · 35 replies
    Seattle Times ^ | 12/19/16 | Dominic Gates
    Boeing told employees Monday there will be more job cuts in the new year. The jetmaker says it need to reduce costs further in the face of intense competition and a flagging jet sales market.
  • Trump’s tech summit was just the start of re-centering the economy

    12/18/2016 11:38:09 PM PST · by 2ndDivisionVet · 4 replies
    The New York Post ^ | December 18, 2016 | James Poulos
    One of Donald Trump’s biggest and most urgent challenges is to usher Americans out of the post-2008 slow-growth world — without ushering the economy off a cliff. His meeting last week with top Silicon Valley executives was one key part of a larger strategy, one that will also impact Wall Street. To face perhaps the biggest domestic test of his presidency, Trump needs to rebalance our economic leadership away from the intangible, bubble-prone worlds of speculative finance and “apps for everything,” toward concrete investment, production and innovation that can make the future great again. Trump needs a full-court economic press,...
  • Canned whipped cream in short supply as holiday baking season looms

    12/18/2016 6:23:46 AM PST · by billorites · 60 replies
    Chicago Tribune ^ | December 13, 2016 | Greg Trotter
    Just in time for the holidays, an industrywide shortage of canned whipped topping, such as Reddi-wip, appears to be looming after a fatal explosion at a Florida nitrous oxide plant in late August stunted the supply chain. Conagra Brands, the Chicago-based food manufacturer that makes Reddi-wip, confirmed Monday that its supply of nitrous oxide — a propellant for aerosol toppings — was affected by the blast. Spokeswoman Lanie Friedman said stores still have the product in stock, but supplies may be limited in the peak holiday season, when consumers are indulging in pies, hot chocolate and other desserts that call...
  • Donald Trump says U.S. doesn't make TVs anymore

    12/16/2016 6:58:35 PM PST · by central_va · 123 replies ^ | 3/14/16 | W. Fiske
    We have re-rated the statement as True and removed the older report from Trump's Truth-O-Meter record. TRUE
  • Factory Growth Jumps, Builder Sentiment Soars As Trump Fuels Animal Spirits

    12/16/2016 2:33:40 AM PST · by expat_panama · 22 replies
    Investors Business Daily ^ | Dec. 15, 2016 4:28 PM ET | ED CARSON
    Two regional manufacturing gauges jumped in December, data showed Thursday, reflecting increased "animal spirits" for business and investors following President-elect Donald Trump's victory. Meanwhile, home builder sentiment skyrocketed to a boom-era levels despite rising mortgage rates. Consumer inflation jumped to a two-year high in November while weekly jobless claims fell. Factory Activity, Sentiment Boom The Philadelphia Federal Reserve manufacturing index popped to a two-year high of 21.5 vs. 7.6 in November. The New York Fed's Empire State manufacturing index rose by 7.5 points to 9, the strongest since April. Looking ahead, the Philly Fed's outlook gauge nearly doubled to 52.6...
  • Trump & Boeing: It's Not About Air Force One, It's About China

    12/11/2016 4:32:24 PM PST · by Steelfish · 30 replies
    CNN ^ | December 9, 2016 | Jon Ostrower
    Trump & Boeing: It's Not About Air Force One, It's About China by Jon Ostrower December 9, 2016 Boeing executives were blindsided by Donald Trump's Tuesday comments about the cost of Air Force One, but those weren't the tweets that worried America's largest exporter. Many former and current Boeing executives say they're far more worried about Trump's antagonism toward China, the largest and most important growth market for the crown jewel of American manufacturing. "The vulnerability to China is pretty clear," said one former senior Boeing executive. In contrast to the long term stakes over Boeing's future in China, the...
  • Boeing seals $16.6 billion deal with Iran Air

    12/11/2016 11:05:50 AM PST · by HarleyLady27 · 23 replies ^ | Dec. 11, 2016 | AP/
    TEHRAN, Iran - Iran’s flag carrier finalized a major deal with U.S. plane maker Boeing Co. to buy $16.6 billion worth of passenger planes Sunday in one of the most tangible benefits yet for the Islamic Repubic from last year’s landmark nuclear agreement.
  • Boeing Seals $16.6 Billion Deal to Sell Jets to Iran

    12/11/2016 12:47:56 PM PST · by Steelfish · 23 replies
    Wall St. J. | December 11, 2016 | ROBERT WALL and ASA FITCH
    Boeing Seals $16.6 Billion Deal to Sell Jets to Iran Plane maker’s contract comes as incoming Trump administration appears hostile to closer ties with Iran By ROBERT WALL and ASA FITCH Dec. 11, 2016 Boeing Co. completed a deal to sell 80 jetliners to Iran, the first major agreement between a U.S. company and the Islamic Republic since the election of Donald Trump, a critic of closer links between the countries. The first Boeing 777-300ER long-haul planes would be delivered to Iran Air in 2018 under the deal announced Sunday that carries a list price of $16.6 billion before discounts,
  • Trump claims manufacturing wins

    12/11/2016 12:19:15 AM PST · by 2ndDivisionVet · 4 replies
    The Politico ^ | December 9, 2016 | Kenneth P. Vogel
    GRAND RAPIDS, Mich. — Donald Trump took his pre-inauguration manufacturing job bonanza into this former manufacturing hub on Friday and stood proudly by as the CEO of Dow Chemical announced a new, state-of-the-art innovation center in the state. But the precise number of jobs that would be created wasn’t clear: the CEO seemed to boast that the project would create several hundred jobs, but afterwards the company issued a news release pegging the number at 200, with half being “repatriated” from elsewhere. It’s at least the third announcement about creating or saving jobs that Trump has presided over since defeating...
  • John Ratzenberger advocates for manufacturing in America

    12/09/2016 7:17:14 PM PST · by Vince Ferrer · 15 replies
    Fox Business Network ^ | 12/8/2016 | John Ratzenberger
    Ever since his Cheers days John Ratzenberger has been giving speeches and even had his own TV series about American manufacturers. For years he was practically the only guy speaking about bringing manufacturing back. Here is an interview about the election and what it will take to bring back manufacturing.
  • Opinion: Will Trump usher in an economic boom?

    12/07/2016 12:56:48 PM PST · by 2ndDivisionVet · 36 replies
    Market Watch ^ | December 7, 2016 | Darrell Delamaide
    Will President Donald Trump usher in an economic boom? In case you haven’t noticed, while liberals fret about who Trump is talking to on the phone and conservatives fret about trade wars and deficits, the stock market is going crazy. Irrational exuberance or eager anticipation of a rebounding U.S. economy unshackled from over-burdensome regulations, high corporate taxes and too-timid fiscal policy? Irrational exuberance or eager anticipation of a rebounding U.S. economy unshackled from over-burdensome regulations, high corporate taxes and too-timid fiscal policy? Paul McCulley, former chief economist for Pimco, says it’s the latter. “The market is essentially celebrating the end...