Instead of wringing our hands about how hard it is to fill manufacturing jobs, let’s attack the problem with the same vigor that we would major customer or cost issues in the shop.
The move followed recent forays by peers Royal Dutch Shell and Total into offshore wind and solar-panel production as Big Oil prepares for a future the could be dominated by clean energy.
A reduction in expenses through cost cuts and a favorable foreign exchange environment is also helping the company lift its annual net income forecast to a record $22 billion.
General Motors reported a net loss of $5.2 billion in the fourth quarter due to a $7.3 billion non-cash charge from the re-measurement of deferred tax assets because of recent tax reform.
The agreement between powerful labor union IG Metall and employers was hammered out after weeks of intense negotiations and stretches over 27 months.
A March 6 IndustryWeek-hosted webinar, sponsored by PTC