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Judge Strikes Down Union Election Rules

May 15, 2012 | by Sam Hananel, Associated Press | Comments

A federal judge struck down new regulations governing union elections, saying the National Labor Relations Board did not follow proper voting procedures when it approved the rules last year.

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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Subaru Expanding IN Plant To Increase Production

May 16, 2012 2:01 pm | by The Associated Press | Comments

Subaru plans a $75 million expansion of its central Indiana factory in order to increase production of its Outback and Legacy models.

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LSB Industries Closes Plant After Explosion

May 16, 2012 1:59 pm | by The Associated Press | Comments

Shares of LSB Industries plunged more than 20 percent after the maker of chemicals and heating and air conditioning equipment said it will close an Arkansas plant after an explosion there.

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Century Aluminum Says WV Plant Still Priority

May 16, 2012 1:58 pm | by The Associated Press | Comments

Restarting a shuttered plant in Jackson County remains a priority for Century Aluminum as it seeks a special electricity rate for the facility.

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GE To Acquire 2 Mining Equipment Companies

May 16, 2012 1:57 pm | by The Associated Press | Comments

General Electric is acquiring two mining equipment manufacturers to capitalize on growth in places like Australia and China.

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Buffett's Firm Buys 10M Share Stake In GM

May 16, 2012 1:55 pm | by Josh Funk, AP Business Writer | Comments

Berkshire Hathaway Inc. took a new 10-million share stake in General Motors Co. in the first quarter. Fueled by U.S. vehicle sales, GM posted first-quarter net income of $1 billion.

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U.S. Factory Output Up In April On Stronger Autos

May 16, 2012 10:27 am | by Marting Crutsinger, AP Economics Writer | Comments

U.S. factory output increased in April, helped by a gain in auto production. Busier factories have driven stronger hiring this year and helped the economy grow.

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Former Ford Exec Harold 'Red' Poling Dies At 86

May 16, 2012 10:22 am | by The Associated Press | Comments

Bill Ford, the automaker's executive chairman, called Poling an "extraordinary leader" who had a "profound impact" on both Ford and those he worked with.

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Waupaca Iron Foundry Sold To Private Equity Firm

May 16, 2012 10:21 am | by The Associated Press | Comments

A New York private equity firm plans to buy ThyssenKrupp Waupaca Inc., described by industry experts as the largest independent iron foundry in the world.

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Airbus Parent Profits Hit By A380 Wing Problem

May 16, 2012 10:19 am | by The Associated Press | Comments

Airbus parent company EADS said its first quarter earnings were hammered by a hefty $203M charge to fix problematic wing parts on its flagship A380 superjumbo.

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Congress Moves To Reauthorize Export-Import Bank

May 15, 2012 2:26 pm | by Jim Abrams, Associated Press | Comments

President Barack Obama has pushed for its renewal, saying it is key to his jobs-promoting goal of doubling exports over a five-year period.

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U.S. Business Stockpiles Grew In March

May 15, 2012 2:24 pm | by Marting Crutsinger, AP Economics Writer | Comments

U.S. companies restocked more slowly in March, continuing a trend that has weighed on growth this year.

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A123 1Q Loss More Than Doubled

May 15, 2012 2:22 pm | by The Associated Press | Comments

Battery maker A123 Systems said its 1Q was pulled down by hefty costs related to its ongoing replacement of potentially defective batteries and the shutdown of the plant that made them.

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Plexus To Build $50M Plant In WI

May 15, 2012 2:20 pm | by The Associated Press | Comments

Plexus Corp. says its new $50 million high-tech manufacturing plant in Neenah will create 350 jobs.

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Wireless Startup LightSquared Files For Bankruptcy

May 15, 2012 2:19 pm | by Peter Svensson, AP Technology Writer | Comments

LightSquared Inc., which hoped to create an independent wireless broadband network in the U.S., filed for bankruptcy protection on Monday.

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Americans Spending More As Gas Prices Fall

May 15, 2012 2:17 pm | by Christopher S. Rugaber, Martin Crutsinger, AP Economics Writers | Comments

Americans are starting to see some relief from higher gas prices, a change that could revive the economy in the months ahead.

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