In all, up to 450 sewers, auxiliary workers and supervisors will be laid off from American Apparel facilities in Garden Grove, downtown Los Angeles and South Gate, said Nativo Lopez, an adviser with the General Brotherhood of Workers of American Apparel. The Garden Grove plant is at 12641 Industry St.
The soon-to-be new laws, which have been introduced but not yet finalized, stem from a resident protest two years ago in response to Occidental Petroleum Corp.’s now-abandoned plan to drill 200 new oil and gas wells. The city, they argued, has too many industrial operations causing environmental and health problems.
But there are caveats. The federal subsidy runs out once a manufacturer sells 200,000 vehicles in the U.S. And wealthy California buyers will also miss out: Starting last week, state rebates were no longer available to single filers earning more than $250,000 a year, head-of-household filers making more than $340,000 and joint filers making a combined $500,000.
Elk Grove officials have signed a tentative deal with a Bay Area tech company to bring 2,500 manufacturing jobs to the city.
A key measure of U.S. manufacturing health tipped back into decline last month, evidence that headwinds from weak global growth, low oil prices and financial volatility are weighing on company spending.
“Manufacturing has not gone away,” said Ann Marie Allen, who is coordinating the grant. “It is still here and thriving, but it has changed. It requires individuals who are trained in higher tech and higher skilled jobs.”
New orders for durable goods—manufactured products designed to last at least three years—rose in January following their worst annual performance since the recession. That improvement, alongside a pickup in a key gauge of business investment, could signal the sector may be preparing to turn a corner.
In the wake of a massive acquisition binge gone wrong and a stock that’s plummeted in recent months, beleaguered clean energy company SunEdison is closing factories and cutting jobs in an attempt to right itself.
Industrial production—a broad measure of everything made by manufacturers, mines and utilities—jumped 0.9% in January from a month earlier, the Federal Reserve said Wednesday.
A key measure of U.S. manufacturers’ health suffered its largest annual decline since the recession ended more than six years ago, showing how global headwinds are eroding a onetime pillar of the economy.
OPI has manufactured and distributed a line of popular nail polishes and has been based at its North Hollywood complex at 13034 Saticoy St. since it was formed in 1981, a Coty spokeswoman said.
Nearly every major Chinese car maker is churning out electric cars these days in hopes of capitalizing on regulatory largess. . . One suspected strategy involves manufacturers selling faulty or incomplete cars to related parties who pocket the subsidies and then return the cars. That could explain why wholesale shipments of electric cars between January and November were 56% above retail sales, according to LMC Automotive data. By contrast, in the broader car market, wholesale was 6% higher than retail.
U.S. factories ended last year mired in their worst slump since 2009, highlighting the global forces set to weigh further on the manufacturing sector in the new year.
Hiring has improved, stock markets have rallied and consumer confidence has rebounded. But U.S. corporations remain hesitant to deploy funds to new projects and equipment, or to upgrade facilities and technology. Instead, companies continue to shower shareholders with record levels of dividends and buybacks.
Gardena electric car start-up Faraday Future announced Thursday that it will build a $1-billion production plant in Nevada, a major move for an upstart rival to Tesla Motors.