machinery

GM’s Hummer Brand To Be Sold To a Chinese Company

An anonymous reader writes in to note that GM will sell its Hummer brand to Sichuan Tengzhong Heavy Industrial Machinery Co. of China, a little-known industrial firm. For now, the deal will save 3,000 jobs in the US. (The military HumVees are made by a separate company and are not involved in this deal.) “As part of the deal, some GM plants will continue to build the Hummer brand for the new owner, at least for awhile. The company said its Shreveport, La., plant will keep building Hummers for the new owner until at least 2010. … GM said it sold 5,013 Hummers worldwide in the first quarter, down 62% from the 13,050 that it sold in the same period the prior year.” AP coverage has more details on GM’s planned divestitures, including the shedding of Pontiac, Saturn, and Saab.

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Tuesday, June 2nd, 2009 Uncategorized Comments Off on GM’s Hummer Brand To Be Sold To a Chinese Company

Polaroid Lovers Try To Revive Its Instant Film

Maximum Prophet nods a NY Times piece on a Dutch group living the retro dream: they are trying to bring back Polaroid film. This group has the machinery to make the film packs, but needs to recreate the chemicals. Polaroid Inc. stopping making the specialized chemicals years ago, after having stockpiled what they would need for their last production runs. “They want to recast an outdated production process in an abandoned Polaroid factory for an age that has fallen for digital pictures because they think people still have room in their hearts for retro photography that eschews airbrushing or Photoshop. ‘This project is about building a very interesting business to last for at least another decade,’ said Florian Kaps, the Austrian entrepreneur behind the effort [in Enschede, The Netherlands]. ‘It is about the importance of analog aspects in a more and more digital world. … If everyone runs in one direction [i.e. digital photography], it creates a niche market in the other.'”

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Tuesday, May 26th, 2009 Uncategorized Comments Off on Polaroid Lovers Try To Revive Its Instant Film