The favorable business climate, low state taxes, developable land, and skilled workforce has made South Carolina an attractive location for domestic manufacturers and for investment by companies from Germany, France, Belgium, the U.K, and Denmark.
GM shares have jumped about 11% since September 22, and plans announced this week to introduce 20 fully electric cars globally by 2023 didn’t hurt matters.
Perhaps in a sign of continued consolidation, Siemens has also withdrawn from businesses making phones, hearing aids and ovens.
ABB has its gaze set on the North American market after its aggressive $2.6 billion acquisition of GE's Industrial Solutions business. ABB Electrification Products division president Tarak Mehta talks about the deal, the future, some lessons...
Hackett: “The mandate here is that Ford must compete. Companies never choose to die and yet many, by not evolving, are enabling that kind of fate.”
During his time as CEO, the company grew steadily, reporting sales of $53 billion in 2012 versus $34 billion in the year before he became CEO.
Almost 50 new pure electric-car models will come to market globally in the next five years, including vehicles from Daimler AG and Volkswagen AG, and the reasons for chasing Tesla stretch from politics to show business.
Who could have imagined that Boeing would enjoy such good fortune back in December, when President-elect Trump scolded the company in a Twitter broadside for “out of control” costs on the presidential plane? But that attack provided a path for...