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Daily industrial news and top headlines for plant and maintenance managers

Global Control Transformers

January 14, 2013 4:32 pm | by SNC Manufacturing Company | Product Releases | Comments

The UL and cUL listed units feature finger-safe terminals and pre-wired primary and secondary fuse blocks and provide a variety of mounting features to accommodate individual requirements

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New Cutting Tools Catalog

January 14, 2013 4:31 pm | by Walter USA, LLC | Product Releases | Comments

Walter USA, LLC now offers a new two-volume comprehensive product catalog set covering its entire line of rotary and turning cutting tools.

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Hazard Monitoring System

January 14, 2013 4:29 pm | by Electro-Sensors | Product Releases | Comments

The Electro-Sentry 16 is a hazard monitoring system commonly used on conveyors to monitor critical points for bearing temperature and belt alignment as part of a predictive maintenance program to protect against catastrophic breakdowns.

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Ford CEO: Luxury Market Has Room For Lincoln

January 14, 2013 2:26 pm | by Dee-Ann Durbin, Tom Krisher, AP Auto Writers | News | Comments

Ford thinks the luxury car market is missing something. Luxury buyers sobered up during the recession, the company reckons, and they now find German brands to pricey, Cadillac too showy and Japanese brands too boring. Ford hopes its Lincoln brand will fill a hole: premium but moderately-priced, elegant but not ostentatious, sporty but smooth.

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Microsoft May Have Exited Gadget Show Prematurely

January 14, 2013 2:24 pm | by Michael Liedtke, Ryan Nakashima, AP Business Writers | News | Comments

Microsoft may have relinquished its starring role in America's gaudiest gadget show a year too early. After 13 straight years in the spotlight, Microsoft's decision to scale back its presence at this week's International CES deprived the software maker of a prime opportunity to explain and promote a new generation of redesigned computers running its radically remade Windows operating system.

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Jaguar Adds 800 Jobs As China Sales Accelerate

January 14, 2013 2:21 pm | by The Associated Press | News | Comments

Car company Jaguar Land Rover says it's adding 800 jobs in Britain as it enjoys a big boost in sales in China, which is now the luxury auto brand's largest market. Jaguar Land Rover said in a statement late Sunday that it had sold nearly 72,000 vehicles in China last year, more than the roughly 68,000 vehicles it sold in its U.K. home market.

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Grand Cherokee SUV Makes Jump To Diesel Power

January 14, 2013 2:19 pm | by David Runk, Associated Press | News | Comments

Chrysler's top-selling Grand Cherokee is making the jump to diesel power, an option driven by demand from outdoor enthusiasts, the company says. It marks the first major expansion into diesel power in the U.S. by a mainstream SUV maker, showing the potential for boosting power and fuel economy.

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Lear Expects Revenue To Top Wall St. Forecasts

January 14, 2013 2:17 pm | by The Associated Press | News | Comments

Lear Corp. expects its 2012 and 2013 revenue will beat Wall Street's forecasts. The automotive seating and electrical power management systems supplier is also boosting its existing stock buyback program by $800 million to $1.5 billion and replacing a $500 million credit line with a new $1 billion revolving facility.

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Samsung Sells 100M Galaxy S Smartphones

January 14, 2013 2:14 pm | by Youkyung Lee, AP Technology Writer | News | Comments

Samsung Electronics Co. said Monday that global sales of its Galaxy S smartphones surpassed 100 million units since the first model in the series was released less than three years ago. Samsung said it has sold more than 25 million Galaxy S smartphones, 40 million Galaxy S II smartphones and 41 million Galaxy S III smartphones.

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Apple Slices Orders, Bernanke To Talk Policy

January 14, 2013 1:06 pm | by ReutersVideo | Videos | Comments

Apple has cut orders for LCD screens and other parts for the iPhone 5 this quarter due to weak demand, the Nikkei reported. In other news, U.S. unemployment is expected to fall this year and chairman Ben Bernanke will give his first policy speech of the year later today.

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New Corvette: Killer Looks, Big Engine

January 14, 2013 10:26 am | by Tom Krisher, AP Auto Writer | News | Comments

When General Motors engineers and designers started work on the next-generation Corvette, they drew up the usual requirements for the star of American muscle cars. But topping the list back was something at odds with the roar of the car's big V-8: Gas mileage. The new Corvette could not be a gas guzzler. Stricter government rules were forcing a leap in fuel economy.

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Toyota Retakes Global Auto Sales Crown From GM

January 14, 2013 10:24 am | by Tom Krisher, AP Auto Writer | News | Comments

Toyota has once again dethroned General Motors as the world's top-selling automaker. The Japanese company sold 9.7 million cars and trucks worldwide in 2012, although it's still counting. GM sold 9.29 million. Both companies saw higher sales, but Toyota's growth was far larger as it rolled out new versions of popular models like the Camry.

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Hostess To Sell Wonder Bread To Tastykake Maker

January 14, 2013 10:21 am | by Candice Choi, AP Food Industry Writer | News | Comments

Hostess has found a new home for its most popular breads, including the iconic Wonder bread. The bankrupt maker of Twinkies, Devil Dogs and other snack cakes said late Friday that it selected bids by rival bakery Flower Foods Inc. to buy six of its bread brands for $390 million.

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Eurozone Industrial Output Down For 3rd Month

January 14, 2013 10:20 am | by Pan Pylas, Associated Press | News | Comments

Industrial output across the 17 European Union countries that use the euro fell in November for the third straight month, official figures showed Monday, raising fears that the recession in the region has continued into the last three months of 2012.

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Report: Apple Cutting Orders For iPhone 5 Parts

January 14, 2013 10:18 am | by The Associated Press | News | Comments

Apple shares fell in premarket trading Monday after The Wall Street Journal reported that the company has cut its orders for iPhone 5 components due to weaker than expected demand. The newspaper said two people it did not identify by name told it that Apple's first-quarter orders for iPhone 5 screens have dropped to about half of what the company had planned.

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