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Global Economy

Conditions of one country's economy have a direct impact on every manufacturing company as today's marketplace is global. Check this section often as we update regularly.

Feds Eye Trade Compliance Violators
Those valves you shipped overseas may seem harmless to you, but to the federal government it may be considered a security threat and an expensive mistake.

RF Micro Devices Inc. felt the sting of the federal government's export control laws in August when the semiconductor components manufacturer agreed to pay $190,000 for allegedly shipping modems to China without a license.

The Greensboro, N.C., company provides technologies for wireless communications devices used in various industries, including aerospace and defense. The Commerce Department's Bureau of Industry and Security (BIS) cited the manufacturer for knowingly exporting the unlicensed products on 14 occasions.

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Global Economy Articles & News

GE Appoints Tech Center Leader

Current CIO for corporate information services takes helm of advanced manufacturing center

11/19/2009

Brazil Gets Approval for Sanctions on U.S. Over Cotton

Source says Brazil granted WTO permission to impose sanctions for unfair cotton subsidies.

11/19/2009

Singapore Says Recession's Over

Predicts growth of 5% in 2010

11/19/2009

Manufacturing Growth Will Outpace Overall Economy

Industry group points to recovery of extremely low levels of inventory

11/19/2009

Benchmarking R&D

Top innovators increased their research-and-development spending even as the economy sank.

11/3/2009

GM Reports $1.2 Billion Loss

Company says it will step up repayments of aid

11/16/2009

GE to Set Up China Aviation Joint Venture

Firms await regulatory approval, eye mid-2010 launch.

11/15/2009

China Corners Rare Metals Market

Foreign firms and governments are growing increasingly concerned over lack of access to the metals used to make everything from hybrid vehicles to missiles.

11/15/2009

PPG Receives Wind-Development Grant

Company partners with MAG to explore wind-blade materials

11/13/2009

Dow Kokam Acquires Battery Manufacturer

Dow business unit also names CEO

11/13/2009

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