Business news in brief

July 19, 2011
  • Workers assemble General Motors trucks at a plant in Flint, Mich. GM said Monday that it would be investing $328 million in the plant to support production of the next-generation full-size pickups, a move that will add 150 jobs, a union official said. The plant will also hire 750 laid-off workers for an additional shift. The new pickup trucks are due in showrooms early in 2013.

In the Region

Boeing wins $4.4M Delco contract

Boeing Co. said it landed a $4.4 million, two-year contract to install security surveillance and monitoring at three locations on the Delaware River to protect the waterfront in Delaware County. The Delaware County Council will formally award the U.S. Homeland Security grant Tuesday. The surveillance will be set up near the Commodore Barry Bridge, Marcus Hook, and Hog Island. Boeing Defense Space & Security, St. Louis, will design, install, test, and maintain the system designed "to detect threats to key resources on the river." - Linda Loyd

SJI to sell some Marcellus assets

South Jersey Industries said a subsidiary would sell for about $9 million certain Marcellus Shale assets in 21,000 acres known as Potato Creek in Western Pennsylvania. The sale to Endeavour International Corp., Houston, includes three producing wells. South Jersey Industries will keep its interest in the minerals and earn royalties on gas production under an existing lease agreement, the firm said. - Linda Loyd

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OSHA cites Voorhees printing plant

AFL Quality Inc., which operates AFL Web Printing, was cited by the U.S. Labor Department's Occupational Health and Safety Administration for unsafe conditions at its Voorhees facility. The 26 violations carry a potential fine of $170,000, OSHA said. The most serious violation was a failure to provide proper machine guards. An assistant to company president Antoinette Franceschini told a reporter Monday: "You have inaccurate information, and she has no comment at this time." - Jane M. Von Bergen

Europe OKs Merck hepatitis C drug

Merck said it won approval from the European Commission for doctors to prescribe Victrelis to patients with hepatitis C. The drug is used with two other drugs to treat adults with liver diseases caused by the virus. An estimated four million people in Europe have hepatitis C. The decision allows Merck to market the drug for the specified purpose in 27 European Union countries and European Economic Area members Iceland, Liechtenstein, and Norway. Merck is based in Whitehouse Station, N.J., and has large operations in the Philadelphia area. - David Sell

Camden radio station changes license

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