Manufacturing

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This Week In Petroleum, Production, Imports, Stocks, Supply, Prices, Data and Analysis from the Energy Information Administration.

Skyborne Technology, Inc., a designer and developer of manned and unmanned next generation aviation systems has opened its new manufacturing facility in Gulf County, FL. The company chose the area specifically to have access to employ manned and unmanned aircraft pilots, skilled manufacturing labor for composites, aircraft aluminum and high bullet proof fabrics. As part of opening...

U.S. energy companies cut oil rigs for the second week in three as the rig count has stagnated over the past three months along with crude prices.

Oil gained after a U.S. government report showed the biggest decline in crude inventories since late July.

The U.S. Securities and Exchange Commission is investigating Nissan over executive pay. The Japanese automaker said Monday that it received an inquiry from the SEC and is cooperating fully with the agency.

Industrial machinery maker Gardner Denver Holdings Inc is nearing a deal to merge with a division of Ingersoll-Rand Plc, creating a business that would have an enterprise value, including debt, of about $15 billion, The Wall Street Journal reported on Sunday.

Harlow Group Ltd. will invest $8 million to locate its first U.S. precision sheet metal fabrication plant in the City of Danville and Pittsylvania County.

Fiat Chrysler Automobiles N.V. (FCAU) confirmed plans to invest a total of $4.5 billion in five of its existing Michigan plants, and to work with the city of Detroit and state of Michigan on building a new assembly plant within city limits.

(RTTNews) - After reporting a notable rebound in new orders for U.S. durable goods in the previous month, the Commerce Department released a report o