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UPDATE 1-Takata plans to increase capital around Sept as recall costs mount-Kyodo
2016-03-29 06:27:19| Automakers - Topix.net
Takata is expected to narrow down which companies to approach for investment, Kyodo said without citing sources, adding that candidates would include automakers such as top client Honda Motor Co have said they will stop using Takata airbag inflators in new vehicle models, and have been sourcing replacement inflators from alternative suppliers. Given current recall figures, industry experts estimate that Takata could face a recall bill of about $3.5 billion if it is found to be responsible for the defective airbags, more than double the company's current assets of about $1.3 billion as of December.
Tags: increase
update
costs
capital
O'Reilly Automotive plans to build auto parts store in Norwich
2016-03-29 01:35:24| Auto Parts - Topix.net
Norwich – A half-mile section of the busy West Main Street commercial strip now has two chain automotive parts retail stores, and soon could have a third national chain store. Missouri-based O'Reilly Automotive Stores, Inc. has purchased two vacant wooded lots at 460-474 W. Main Street from the Sts.
Plans for solar array in Detroit seek to boost neighborhood
2016-03-28 14:38:20| Energy - Topix.net
DTE Energy Co. plans to develop a solar energy array in Detroit as part of a project designed to help stabilize a neighborhood and make use of vacant public property.
Tags: plans
seek
neighborhood
array
Michigan regulators to water systems: Begin plans to replace all lead service lines
2016-03-28 12:50:05| Waste Management - Topix.net
The state of Michigan is asking all water systems to come up with plans to find and replace lead pipes in their communities, even the portions of water service lines that are on private property, which are traditionally the responsibility of the homeowner. In a letter sent earlier this month, Michigan's Department of Environmental Quality makes several recommendations to community water system operators.
Tags: service
systems
water
lead
Are General Electric's Plans for GE Capital Still on Track?
2016-03-28 01:45:12| IT Services - Topix.net
GE had a fantastic 2015 in terms of divesting its GE Capital holdings. But 2016 may not be going according to plan.
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