Toyota drops 2009 sales forecast
Japan’s largest auto maker has lowered its outlook for 2009 to 9.7 million vehicles from its previous forecast of 10.4 million as demand continues to weaken.
Solarfun signs Q-Cells supply deal
Solarfun Power Holdings Co Ltd, a Chinese manufacturer of photovoltaic cells, has announced that it has signed a three-year supply agreement with Q-Cells International.
Daktronics sees record 1Q results
Electronic sign and scoreboard manufacturer Daktronics Inc has said that earnings climbed 41 percent as an investment in lean production techniques began to pay off.
ArcelorMittal acquires Brazilian iron ore miner
ArcelorMittal announced today, August 20, it has agreed to acquire London Mining South America Ltd for US$810 million.
URS acquires LopezGarcia Group Inc
URS Corporation today, August 18, announced that it has acquired LopezGarcia Group Inc, one of Texas’ leading engineering design and environmental planning firms.
John Fees named CEO of McDermott
Engineering firm McDermott International Inc has announced today that it has named John A. Fees as President and CEO of McDermott, succeeding the retiring Bruce W. Wilkinson.