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The Associated Press reports that General Motors has filed for bankruptcy protection - the fourth largest bankruptcy filing in U.S. history.

Reuters reports that U.S. auto parts maker Visteon Corp. has filed for Chapter 11 bankruptcy protection.

Loparex LLC, a global manufacturer of polycoated and silicone-coated papers and films, will expand its manufacturing operation in Eden and relocate its U.S. headquarters from a Chicago suburb to Cary.

CPC of America Inc. announced today the filing of its first patent of a synthetic sealant for specific application to the MedClose^TM VCS.

Michigan Governor Jennifer M. Granholm has announced that the Michigan Economic Development Corp. will support CAS-MI Laboratories' new Innovation Center that will help entrepreneurs and established companies create new specialty chemical products from concept to commercialization.

The Associated Press reports that U.S. housing construction and permits for new builds hit record lows in April.

North Carolina Gov. Bev Perdue today announced that Henkel Corp., an international supplier of adhesives and sealants for industrial, commercial and home use, plans to expand its Salisbury operations.

Reuters reports that GM and Chrysler plan to cut as many as 3,000 auto dealers in the U.S., with the first notifications going out as early as today.

The Columbus Dispatch reports that Hexion Specialty Chemicals increased its profit in the first quarter of 2009 despite selling less than it did in the same period last year.

Hexion Specialty Chemicals Inc., Columbus, OH, has announced plans to indefinitely idle its BPA3 production unit, part of its manufacturing complex in Deer Park, TX.