FRANKFURT, Germany — Industrial conglomerate Siemens AG said today it will cut 16,750 jobs, or 4.2 percent of its global work force, to streamline operations and slice nearly $2 billion in costs in the face of a slowing economy.

The rising cost of shipping everything from industrial pump parts to lawn-mower batteries to living-room sofas is forcing some manufacturers to bring production back to North America and freeze plans to send even more work overseas.

HACKENSACK, N.J., July 2, 2008 -- I.D. Systems, Inc. , a leading provider of wireless asset management solutions, today announced that it will implement its PowerKeyPLUS wireless industrial vehicle monitoring system for Xerox Corporation .

May 15 (Bloomberg) -- The slump in U.S. manufacturing deepened while the economy skirted recession, reports today showed. Industrial production declined 0.7 percent in April, the Federal Reserve said in Washington today, more than twice the drop forecast

Although traditional banks are shying away from industrial equipment financing, Landmark Financial Corporation is still able to provide equipment financing for new small and large companies. Because Landmark is not a bank, they are not limited by traditio