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Manufacturing

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Grand Avenue Bridge closing at Walnut Creek

After almost 100 years in operation, the Grand Avenue Bridge over Walnut Creek at 63rd Street is being retired, meaning commuters will have to find an alternate route until a new bridge is built.

The …

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Europe losses hurt GM profit

General Motors Co. posted a first-quarter profit of $1 billion on Thursday, exceeding forecasters’ expectations, but losses in Europe totaling $256 million caused profits to increase at a slower rate, according to Bloomberg.

The once-struggling …

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Sauer-Danfoss reports increase in sales, decrease in net income

Ames-based Sauer-Danfoss Inc. reported net income of $64.8 million, or $1.34 per share, for the first quarter, down from $70.6 million, or $1.46 per share, for the first quarter a year ago.

Net sales for …

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Factory orders fall on weaker transportation orders

New orders for U.S. factory goods in March recorded their biggest decline in three years as demand for transportation equipment and a range of other goods slumped, according to new government data, Reuters reported.

The …

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Durable goods orders down 4.2 percent in March

Orders for U.S. durable goods fell in March by the most in three years, indicating manufacturing will contribute less to growth this year, Bloomberg reported. Bookings for goods meant to last at least three years …

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HNI posts net loss; better numbers than a year ago

Muscatine-based HNI Corp. announced yesterday a net loss for the first quarter of $100,000.

That was an improvement from a net loss of $1.8 million, or 4 cents per share, in the same quarter of …

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Compressor Controls Corp. completes renovation

Compressor Controls Corp. (CCC), an Urbandale-based maker of control technologies used in the energy and pipeline industry worldwide, held an open house yesterday to mark the completion of a one-year renovation of its 70,000-square-foot manufacturing …

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Expert: U.S. must shift focus to exports to compete

The rate of growth in U.S. export activity is outpacing imports, which will require more investment in freight infrastructure and technology for the United States to remain competitive globally, a logistics industry expert said during …

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Guided tour offered for Art’s Way Manufacturing Co. shareholders

The annual meeting for Art’s Way Manufacturing Co., Inc. shareholders will be held at 9 a.m. on Thursday, April 26, at The Hotel Julien, 200 Main St., Dubuque.

For all interested shareholders, Art’s Way will …

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Michelin to build new factory in South Carolina

French tire maker Michelin is breaking ground on a new North American tire plant that likely will make South Carolina the tire-making capital of the United States by next year, The Wall Street Journal reported.…

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