To measure manufacturing industry health, the group include three variables: the share of total income earned by manufacturing employees in each state, the wage premium paid to manufacturing workers relative to the other states’ employees, and the share of manufacturing employment per capita.
Manufacturing in China would allow the company to avoid a 25% import levy, making its electric vehicles more competitive against luxury-brand rivals, such as BMW and Audi, as well as local offerings by BYD Co. and BAIC Motor Corp....More
Toyota said "free access to the European Market is of critical importance" for its UK operations since 90% of the company’s vehicles made in the UK are exported and 75% is made for our customers in the EU....More
The "Digital Foundry" will hire 250 people by 2018 to work on its industrial operating system Predix. The center is part of a commitment by GE to create a net 1,000 jobs in France following its acquisition of Alstom SA’s energy division....More