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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Global Consumer Electronics Manufacturer Haier Opening Tech Center

September 8, 2014 2:16 pm | by The Associated Press

Haier America, a division of the multi-national home appliance and consumer electronics manufacturer Haier Group, announced plans today to locate its North American Tech Center in Evansville, IN, creating 50 new high-wage jobs by 2015. 

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Treasury To Limit Profitability of Overseas Shifts

September 8, 2014 2:10 pm | by Stephen Ohlemacher, The Associated Press

Treasury Secretary Jacob Lew said Monday the Obama administration will decide "in the very near future" what actions it can take to make it less profitable for U.S. companies to shift their legal addresses to other countries.       

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Mars Chocolate Recalls Twix Candy Bars

September 8, 2014 11:28 am | by Mars Chocolate North America

Mars Chocolate North America announced a voluntary recall of its TWIX Brand Unwrapped Bites 7 oz. Stand Up Pouch.                                       

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Survey of Execs: U.S. Pay Likely To Stagnate

September 8, 2014 11:22 am | by Josh Boak, The Associated Press Economics Writer

According to a survey by Harvard Business School alumni, U.S. workers face a dim future, with stagnant or falling pay and fewer openings for full-time jobs.                           

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China's Exports Rise to 9.4 Percent, Imports Shrink

September 8, 2014 10:22 am | by The Associated Press

China's export growth eased in August while imports shrank for the second month in a row.                                              

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Ryanair Commits To Order 100 Boeing Planes

September 8, 2014 10:13 am | by The Associated Press

European airline Ryanair has committed to order 100 of Boeing's 737 MAX 200 airplanes, valued at $11 billion at current list prices.                                 

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U.S. Unemployment Rate Falls for Younger Workers

September 8, 2014 9:38 am | by The Associated Press

Though U.S. job growth slowed last month, the unemployment rate fell, especially for younger demographic groups.                                        

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Mercedes To Build New SUV at Alabama Plant

September 8, 2014 9:25 am | by Erik Schelzig, The Associated Press

Mercedes has announced plans to start building a fifth model, the ML Coupe, at its Alabama plant next year.                                         

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GM To Offer Car That Will Almost Drive Itself

September 8, 2014 9:18 am | by Tom Krishner, The Assoicated Press

General Motors says that in two years it will offer cars that talk to each other and can almost drive themselves at freeway speeds.                                  

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Electrolux To Buy GE Appliances in $3.3B Deal

September 8, 2014 9:11 am | by Karl Ritter, The Associated Press

Sweden's Electrolux is buying the appliances business of General Electric for $3.3 billion and boosting its presence on the North American market.                             

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Southeast Manufacturing Activity Rallies For August

September 5, 2014 1:49 pm | by Paula Stanton, Kennesaw State University

Southeast manufacturing activity saw a rebound in August, reversing an 8.5-point slide in June and July, according to the Southeast’s Purchasing Managers Index (PMI) report released today by Kennesaw State University’s Econometric Center. 

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Chevron Fined $278,000 Over Richmond Plant

September 5, 2014 12:26 pm | by The Associated Press

Chevron has agreed to pay more than a quarter-million dollars for air-quality violations at its Richmond refinery.                                       

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Noranda Aluminum Lays Off 200 Employees And Suspends Expansion

September 5, 2014 11:55 am | by The Associated Press

Noranda Aluminum Inc. announced that it is laying off up to 200 employees and suspending an expansion project at its southeast Missouri smelter because state regulators refused to lower its electricity rates.            

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Meat and Cheese Maker To Build New Castle Plant

September 5, 2014 11:29 am | by The Associated Press

Boar's Head Brand plans to build a meat processing plant in central Indiana that company executives say will create more than 200 new jobs over the next few years.                         

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Toyota: Cars Will Be Safer, But Still Need Drivers

September 5, 2014 10:05 am | by Tom Krisher, AP Autos Writer

Your car soon will do more to help avoid a crash. As for one day leaving all the driving to the vehicle while you relax in back, don't get your hopes up.                           

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U.S. Employers Add 142K Jobs

September 5, 2014 10:00 am | by Christopher S. Rugaber, AP Economics Writer

U.S. employers added just 142,000 jobs in August, snapping a six-month streak of hiring above 200,000 and posting the smallest gain in eight months.                             

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Gigafactory Gets Tesla Closer To Electric Car For Masses

September 5, 2014 9:20 am | by Justin Pritchard & Scott Sonner, Associated Press

To bring electric cars to the masses, Tesla Motors will transform an expanse of desert where pioneers passed on their way to the California Gold Rush and wild mustangs still roam the hillside.                  

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Fiat-Chrysler Merger Moves Forward, Insufficient Opposition

September 5, 2014 9:06 am | by The Associated Press

Fiat SpA says its merger with Chrsyler is going ahead since there isn't enough opposition to derail it.                                          

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Court Ruling Could Cost BP Added $18B

September 4, 2014 2:17 pm | by Jonathan Fahey, AP Energy Writer

BP shares slumped 5 percent after a judge ruled that the oil giant's reckless conduct led to the worst U.S. offshore oil spill, a decision that could cost BP an additional $17.6 billion.           

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Apple Supplier Accused Of Violations

September 4, 2014 2:15 pm | by Joe McDonald, AP Business Writer

An Apple supplier in China is violating safety and pay rules despite the computer giant's promises to improve conditions, two activist groups said Thursday, ahead of the expected release of the iPhone 6.        

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