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Jobless Claims Slide in Latest Week
7/29/2010
The number of Americans filing for initial unemployment insurance fell last week. There were 457,000 initial jobless claims filed in the week ended July 24, down 11,000 from a upwardly revised 468,000 the previous week, according to the Labor Department.
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Astoria Industries of Iowa and Amtech LLC Enter Manufacturing Agreement
7/28/2010
Amtech LLC (Wapato, WA), a Blackford Capital portfolio company and diverse manufacturer of composite-based products and parts, announced a joint manufacturing agreement with Astoria Industries (Osceola, IA).
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Quigley Introduces New Lifted Independent Front Suspension System
7/28/2010
Since Quigley Motor Co., Inc. (Manchester, PA) retired its solid axle 4x4 GM products, the company has been developing, designing and testing a new product to take its place. Quigley now introduces the LIFS (Lifted Independent Front Suspension) 4x4 system.
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Industry News
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Suppliers Made Deep Cuts to R&D Budgets
7/28/2010
After auto suppliers made deep cost cuts to survive the industry's downturn, research and development budgets are looking thin, according to a study by accounting firm Grant Thornton.
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Consumer Confidence Falls in July to 5-Month Low
7/28/2010
Consumer confidence declined this month to its lowest level in five months, according to the New York-based Conference Board.
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Study Forecasts Electric Truck Growth by Weight Classes
7/27/2010
Light-duty electric vehicles (EV) offer the best opportunity for near-term growth within the U.S. commercial fleet sector, according to a new study by research firm Frost & Sullivan, because of all EV models, they offer the best fit in terms of life cycle cost and operational capability.
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