GM picks software vendor
DETROIT - i2 Technologies Inc. reported an agreement to supply General Motors with software for an online network linking the automaker with 30,000 suppliers worldwide.
The agreement calls for i2 Technologies of Irvine, Texas, to develop software to help GM electronically manage the more than $87 billion it spends annually with suppliers. The software helps plan and schedule manufacturing and move products from factories to customers. It will let GM communicate with its entire supply chain at the same time. Terms of the deal were not disclosed. The agreement is GM's third in less than two weeks with an Internet-related company.
ROUGE STEEL OUTPUT DELAY
DETROIT - Rouge Industries Inc. said last week that a mechanical failure at its steel-making operations might take five to six weeks to repair and result in a $2.5 million charge to earnings. The total loss was put at $6 million.
The Dearborn, Mich., company returned to operation after a 12-hour production delay on Jan. 7. The plant is operating at 85 percent capacity but no disruptions to customers are expected, the company said.
BRIDGESTONE ADDS POLAND UNIT
TOKYO - Bridgestone Corp. said it began passenger tire production this month at its new plant in Poznan, Poland. The Japanese company's sixth plant in Europe plans to turn out 6,000 tires a day by year end and 10,000 a day by the end of 2001. Some production will be exported to Western Europe.
NORSK BUYS METAL SUPPLIER
OSLO, Norway - Norsk Hydro ASA, one of the world's largest aluminum producers, said it would buy Wells Aluminum Corp. of Baltimore to expand its North American capacity for extruded aluminum products.
Wells has seven plants in the eastern United States. The acquisition is part of Oslo-based Norsk's aim to become one of the world's three largest aluminum and magnesium suppliers.
HARVARD WINS CONTRACT
LEBANON, N.J. - Harvard Industries Inc. said it plans to provide consulting services to Outboard Marine Corp. Harvard, of Lebanon, said the consulting contract is the first step toward a possible agreement for Harvard to supply die cast parts for Atlanta-based Outboard Marine's Johnson and Evinrude outboard engines. Such a contract would be worth up to $200 million annually to Harvard over the next five years. Harvard supplies seals, castings and stamped parts.
MANGUSTA PICKS NAKAMICHI
TORRANCE, Calif. - Nakamichi America Corp. was selected to supply the mobile electronics for the 2000 Mangusta 2+2 sports car. Nakamichi will supply the AM/FM tuner, CD changer, amplifiers and speakers. The system will be installed at the Mangusta plant in Modena, Italy. Nakamichi supplies mobile and home audio products.