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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 | CommentsSubaru plans a $75 million expansion of its central Indiana factory in order to increase production of its Outback and Legacy models.
LSB Industries Closes Plant After Explosion
May 16, 2012 1:59 pm | by The Associated Press | CommentsShares 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.
Century Aluminum Says WV Plant Still Priority
May 16, 2012 1:58 pm | by The Associated Press | CommentsRestarting a shuttered plant in Jackson County remains a priority for Century Aluminum as it seeks a special electricity rate for the facility.
GE To Acquire 2 Mining Equipment Companies
May 16, 2012 1:57 pm | by The Associated Press | CommentsGeneral Electric is acquiring two mining equipment manufacturers to capitalize on growth in places like Australia and China.
Buffett's Firm Buys 10M Share Stake In GM
May 16, 2012 1:55 pm | by Josh Funk, AP Business Writer | CommentsBerkshire 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.
U.S. Factory Output Up In April On Stronger Autos
May 16, 2012 10:27 am | by Marting Crutsinger, AP Economics Writer | CommentsU.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.
Former Ford Exec Harold 'Red' Poling Dies At 86
May 16, 2012 10:22 am | by The Associated Press | CommentsBill Ford, the automaker's executive chairman, called Poling an "extraordinary leader" who had a "profound impact" on both Ford and those he worked with.
Waupaca Iron Foundry Sold To Private Equity Firm
May 16, 2012 10:21 am | by The Associated Press | CommentsA New York private equity firm plans to buy ThyssenKrupp Waupaca Inc., described by industry experts as the largest independent iron foundry in the world.
Airbus Parent Profits Hit By A380 Wing Problem
May 16, 2012 10:19 am | by The Associated Press | CommentsAirbus 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.
Congress Moves To Reauthorize Export-Import Bank
May 15, 2012 2:26 pm | by Jim Abrams, Associated Press | CommentsPresident Barack Obama has pushed for its renewal, saying it is key to his jobs-promoting goal of doubling exports over a five-year period.
U.S. Business Stockpiles Grew In March
May 15, 2012 2:24 pm | by Marting Crutsinger, AP Economics Writer | CommentsU.S. companies restocked more slowly in March, continuing a trend that has weighed on growth this year.
A123 1Q Loss More Than Doubled
May 15, 2012 2:22 pm | by The Associated Press | CommentsBattery 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.
Plexus To Build $50M Plant In WI
May 15, 2012 2:20 pm | by The Associated Press | CommentsPlexus Corp. says its new $50 million high-tech manufacturing plant in Neenah will create 350 jobs.
Wireless Startup LightSquared Files For Bankruptcy
May 15, 2012 2:19 pm | by Peter Svensson, AP Technology Writer | CommentsLightSquared Inc., which hoped to create an independent wireless broadband network in the U.S., filed for bankruptcy protection on Monday.
Americans Spending More As Gas Prices Fall
May 15, 2012 2:17 pm | by Christopher S. Rugaber, Martin Crutsinger, AP Economics Writers | CommentsAmericans are starting to see some relief from higher gas prices, a change that could revive the economy in the months ahead.



