Industrial production increased 0.3% during the month and advanced at an annual rate of 2.5% in the third quarter.
Ford said the company couldn’t offer more without harming its future prospects after union employees recently expanded UAW’s strike.
The bearings manufacturing facility will support SKF development in the Americas and meet customer needs as the focus on electrification increases.
Nearly 30% of vehicle suppliers surveyed by MEMA have laid off some direct labor employees as a result of the UAW strike.
The facility will produce adhesives for customers in the transportation industry, primarily in vehicle-electrification applications.
The total number of ‘Big Three’ strikers reaches approximately 25,000 members at 43 facilities in 21 states, the union said.
Metal-cutting tool manufacturer Sandvik Coromant launched a new brand identity as part of a strategic transformation of its operations.
The United Auto Workers extended its strike to 38 parts distribution centers across 20 states. The centers supply parts to dealerships.
The United Auto Workers has threatened expanded strikes to additional factories should the standoff with GM, Ford Motors and Stellantis last past Sept. 22.
Nearly 13,000 autoworkers have gone on strike after the union and automakers failed to reach a deal on a new labor contract.
A tight labor market, unbalanced federal regulations, and critical policy debates continue to confront the sector, according to a new study.
Workers at General Motors, Ford Motors and Stellantis factories will strike Friday if a labor agreement is not reached.
