Feb. 27, 2017
Orders for long-lasting factory goods climbed last month due to purchases of military and civilian aircraft, overshadowing a weak start to 2017 for business investment in new equipment.
The latest new vehicle sales data from California New Car Dealers Association shows continued but slowing growth in Californians’ purchases of new cars and trucks.
Feb. 1, 2017
The company said it will tack on 750 jobs at the new headquarters. It was not immediately clear if the Glendale positions would be cut in the process. . . Nestle isn’t the first major company to uproot its L.A. headquarters in recent years. Jacobs Engineering Inc., Toyota Motor Corp.’s North America division, and coffee maker Farmer Bros. Co. all decamped to Texas.
Feb. 1, 2017
The company’s current U.S. headquarters is in Glendale, Calif., where it has come under fire in recent years for bottling water during the state’s record multi-year drought. In 2015, Nestlé — which has nine brands of water, including Arrowhead — removed 36 million gallons of water from a natural forest in California to bottle and sell, prompting public criticism and at least one lawsuit.
Jan. 31, 2017
Rocket engine manufacturer Aerojet Rocketdyne has chosen Huntsville, Ala., as its final assembly site for the new AR1 rocket engine, creating 100 new jobs in the area.