factory

Unilever Bulks Up in China With an Eye on the Future

Unilever, the second largest consumer goods company in the world, recently announced plans to build one of its largest production bases in China. Unilever already has sales in China worth over $20 billion and anticipates a substantial increase in this figure in the years ahead.

U.S. Manufacturing Output Rises 0.5%, the Most Since July

The nation%u2019s manufacturing recovery accelerated in October as factory output jumped 0.5%, the Federal Reserve said. Overall industrial output was flat in the month, but the typical autumn plunge in utilities output skewed the top-line stat lower.

New Solar Panel Factory Will Rise in Oregon

Oregon is the latest state to notch a big win in the effort to attract green jobs: Silicon Valley solar company Solexant has announced plans to build a large factory to produce thin-film solar panels near Portland. Oregon gets jobs; Solexant gets a $25 million loan and $18.75 million in tax credits.

Toyota Hopes to Restart Chinese Factory on Monday

Toyota said Thursday that an ongoing strike by workers at parts supplier Denso means its large plant in Guangzhou, China, will remain closed through the weekend. But a limited resumption of production at the parts plant is expected to allow Toyota to restart its assembly lines as soon as Monday.

No Summer Shutdown for GM Plants This Year

U.S. auto factories typically shut down for a few weeks at the start of summer to give workers a break and the companies a chance to perform maintenance. But this year, with demand for new vehicles on the uptick, GM is forgoing shutdowns at most of its assembly plants.