Latest Production facilities News

Butte cryptocurrency servers back in operation

Jan. 27, 2020 6:03 PM EST

BUTTE, Mont. (AP) — A cryptocurrency mine in Butte is back in operation after being shut down following the arrest of its majority owner on charges of a $722 million cryptocurrency investment Ponzi scheme. Kevin Washington, a minority owner, along with operator Rick Tabish went to court to have a receiver...

President Donald Trump pauses as he walks with Israeli Prime Minister Benjamin Netanyahu to a meeting in the Oval Office of the White House, Monday, Jan. 27, 2020, in Washington. (AP Photo/ Evan Vucci)

Trump rally on Jersey shore shows loyalty beyond heartland

Jan. 27, 2020 3:05 PM EST

WILDWOOD, N.J. (AP) — President Donald Trump is holding his next rally in a county with almost no factory jobs to save, a reliance on immigrant workers and an economy built in part by coastal elites who summer there. Cape May County on the southern tip of New Jersey reflects just how much loyalty Trump...

President Donald Trump speaks during a meeting in the Oval Office of the White House, Monday, Jan. 27, 2020, in Washington, with Israeli Prime Minister Benjamin Netanyahu. (AP Photo/ Evan Vucci)

Trump to visit Michigan factory to tout trade agreement

Jan. 27, 2020 11:42 AM EST

WARREN, Mich. (AP) — President Donald Trump will visit a Michigan automotive supply factory to tout a new North American trade agreement. He will tour and give remarks at the Dana Inc. facility in the Detroit suburb of Warren on Thursday, a day after he holds a signing ceremony for the U.S.-Mexico-Canada...

Mark Reuss, President, General Motors speaks at the GM Detroit-Hamtramck Assembly plant in Hamtramck, Mich., Monday, Jan. 27, 2020. General Motors is spending $2.2 billion to refurbish the underused factory so it can build a series of electric and self-driving vehicle. (AP Photo/Paul Sancya)

GM to invest $2.2B in Detroit to build electric vehicles

Jan. 27, 2020 10:10 AM EST

DETROIT (AP) — General Motors is spending $2.2 billion to refurbish an underused Detroit factory so it can build a series of electric and self-driving vehicles, eventually employing 2,200 people. GM said in a statement Monday that the factory will start building the company's first electric pickup late in...

Wyoming gypsum manufacturing facility to close April 3

Jan. 26, 2020 3:26 PM EST

CODY, Wyo. (AP) — A drywall plant in Wyoming is set to close this spring. Officials at CertainTeed recently told employees the Cody plant will close April 3. Fifty people work at the gypsum manufacturing plant. The company owned by France-based Saint Gobain is working to sell the facility, spokesperson...

Alabama port adding automotive terminal

Jan. 26, 2020 11:01 AM EST

MOBILE, Ala. (AP) — A new project at Alabama's main seaport will open the facility to the shipment of finished automobiles. The Alabama State Port Authority said Thursday it had signed a deal to build a $60 million automotive terminal in Mobile. It's supposed to be ready early next year and will allow for...

ConocoPhillips, Doyon prepare to test big Alaska drill rig

Jan. 25, 2020 11:03 AM EST

ANCHORAGE, Alaska (AP) — An Alaska North Slope oil company is preparing to unleash a massive new oil rig. ConocoPhillips and Doyon Drilling Inc. are nearly ready to test Doyon’s Rig 26, known internally as “The Beast," the Alaska Journal of Commerce reported. Rig 26 will be able drill up to...

FILE - In this Feb. 26, 2011 file photo, a Libyan oil worker, works at a refinery inside the Brega oil complex, in Brega, eastern Libya.  ON Saturday, Jan. 18, 2020, the National Oil Corporation in Libya says that a decision by east-based forces to choke off oil exports from its territory has threatened to throttle much of the country’s oil production. Powerful tribal groups loyal to Gen. Khalifa Hifter, whose forces control much of eastern Libya, seized several large export terminals along the eastern coast as well as southern oil fields in a challenge to the rival U.N.-backed government based in Tripoli, which collects revenues from oil production. The move has ratcheted up tensions ahead of an international peace summit to end the civil war. (AP Photo/Hussein Malla, File)

Libya says oil shutdown caused over $255 million in losses

Jan. 25, 2020 10:34 AM EST

CAIRO (AP) — The closure of Libya’s major oil fields and production facilities has resulted in losses of more than $255 million in the six-day period ending Jan. 23, the country’s national oil company said Saturday. The closures came when powerful tribal groups loyal to military commander...

Startup may ask for loan to revamp former GM plant in Ohio

Jan. 25, 2020 10:32 AM EST

LORDSTOWN, Ohio (AP) — A startup company that wants to build electric trucks at a former General Motors assembly plant in Ohio is considering asking for a federal loan to get production up and running. Lordstown Motors Corp. said it was in the process of learning more about the loan program “as an...

Baltimore sugar plant works to recover after bad harvests

Jan. 25, 2020 9:00 AM EST

BALTIMORE (AP) — Under the neon Domino Sugars sign in Baltimore’s Inner Harbor, a century-old refinery steadily produces the crucial ingredient in American candy, soda and other foods. The already busy plant soon might need to burn even more calories. Unusually bad weather around the country ruined...