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LB Foster relocates threaded products facility

Pittsburgh, Pennsylvania-based LB Foster Company has completed the relocation of its threaded products water well group from Houston to a new facility in Magnolia, Texas. 

Whitbread to create 10,000 new UK jobs

Hotel and restaurant group Whitbread has announced it will create 10,000 new jobs in the UK over the next three years.

New battery facility opens in Michigan

A123 Systems has opened the largest lithium-ion automotive battery manufacturing plant in North America.

BP continues to divest US assets

Prosafe wins $58.1 million contract

Rig operator Prosafe has been awarded a contract by an undisclosed client for the provision of the Safe Scandinavia accommodation support rig at a project in the UK sector of th

Microsoft to acquire social network provider Yammer

Microsoft Corp. and Yammer Inc.

Mylan to build new corporate headquarters

US pharmaceutical company Mylan Inc. today announced plans to build a new corporate headquarters in Pennsylvania.

Sangster International Airport: A unique airport at the heart of the Caribbean

MBJ has invested over 280 million USD in airport infrastructure through private debt and equity capital

UK to announce £350 million submarine upgrade

The UK government is set to announce a £350 million contract to refit one of its nuclear submarines in a move that will secure 2,000 jobs.

Skills shortage in US manufacturing

Despite historic levels of unemployment, American manufacturing companies are struggling to fill as many as 600,000 skilled positions, according to a new survey from Deloitte an

Microsoft Yahoo! deal not dead yet

NY Times taking its brand international

The International Herald Tribune (IHT) is to be renamed the International New York Times after its parent newspaper.

Ford reports Q1 results

Ford Motor Company has reported a strong performance in North America in the first quarter of 2012.