Southwire will relocate nylon cable tie production to Honduras, and its lifts and welding tools production to third-party manufacturers.
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We detail just how much of a hefty sum the six-week strike will cost GM, Ford and Stellantis each in lost profit and revenues.
GM followed suit days after the autoworkers union reached a deal with Ford and Stellantis.
While the tentative deal ends Ford-related strikes, thousands of UAW members remain on strike at at General Motors and Stellantis.
Parker Hannifin's Board elected COO Andrew Ross as the company's President, and elected CEO Jennifer Parmentier as Chairman.
Four manufacturing companies will merge to create a single-source provider of full-service manufacturing and fabrication solutions.
Earlier this week, the 40-day strike expanded to a General Motors plant in Texas, where 5,000 workers walked out.
The surprise walkout comes days after UAW President highlighted the "shortcomings" of Stellantis’ current offer.
Manufacturer representation agency The Lawless Group named Jay Drummond President of its industrial and MEP market verticals.
Industrial production increased 0.3% during the month and advanced at an annual rate of 2.5% in the third quarter.
Ford said the company couldn't offer more without harming its future prospects after union employees recently expanded UAW's strike.
According to the union president, leadership decided not to strike at a General Motors factory in Texas, but 25,000 workers remain on the picket line.
The bearings manufacturing facility will support SKF development in the Americas and meet customer needs as the focus on electrification increases.
Nearly 30% of vehicle suppliers surveyed by MEMA have laid off some direct labor employees as a result of the UAW strike.
Hydraulics manufacturer Bosch Rexroth named Erwin Wieckowski President and CEO of Bosch Rexroth North and Central America.
The facility will produce adhesives for customers in the transportation industry, primarily in vehicle-electrification applications.
The total number of 'Big Three' strikers reaches approximately 25,000 members at 43 facilities in 21 states, the union said.
Metal-cutting tool manufacturer Sandvik Coromant launched a new brand identity as part of a strategic transformation of its operations.
The United Auto Workers extended its strike to 38 parts distribution centers across 20 states. The centers supply parts to dealerships.
The United Auto Workers has threatened expanded strikes to additional factories should the standoff with GM, Ford Motors and Stellantis last past Sept. 22.