The Dow Chemical Co. (Dow) announced global workforce reduction targets of 2,500 positions, including approximately 700 jobs in the Great Lakes Bay Region.

The private equity industry has grown because so many firms have devised compelling strategies for improving the operations and growth prospects of the businesses they own.

In an effort to improve the global competitiveness of its pigments and additives business, Huntsman Corp. announced a restructuring program in which the company plans to reduce its workforce by approximately 900 positions.

AkzoNobel intends to introduce a streamlined management structure and new operating model for its Decorative Paints business in hopes of accelerating growth in Europe and high-growth markets.