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Daily industrial news and top headlines for plant and maintenance managers

Third Point Says It Bought Stake In Dow Chemical

January 21, 2014 12:05 pm | by The Associated Press | News | Comments

Hedge fund Third Point LLC says it has acquired a stake in Dow Chemical and wants the company to spin off its petrochemicals division. Dow Chemical Co. shares jumped $2.25, or 5.2 percent, to $45.32 in morning trading after rising as high as $46.70 earlier. Third Point says Dow is now its biggest investment.

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Peltz Joins Mondelez Board, Backs Off PepsiCo Deal

January 21, 2014 11:46 am | by The Associated Press | News | Comments

Activist investor Nelson Peltz is no longer pushing for a deal between PepsiCo and Mondelez, after Mondelez on Tuesday named him to its board. Mondelez, which makes Oreo and Chips Ahoy cookies, says the appointment expands its board to 12 members and that Peltz will be among its nominees for election at its shareholders meeting.

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EU Suspends Part Of Free Trade Talks With U.S.

January 21, 2014 11:42 am | by Juergen Baetz, Associated Press | News | Comments

The European Union says it is suspending a part of the free trade negotiations with the United States to hold a three months-long public consultation amid worries about the deal's proposed rules for investment. EU trade chief Karel De Gucht said Tuesday "some people in Europe have genuine concerns" about the planned investment agreement and the EU therefore seeks their input.

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Emerging Markets Fuel Revenue For SABMiller

January 21, 2014 11:40 am | by The Associated Press | News | Comments

SABMiller PLC, one of the world's biggest brewers, says demand in emerging markets fueled sales in the third quarter, which ended Dec. 31. Chief Executive Alan Clark says in a statement Tuesday that growth in Africa, Latin America and China helped overall revenue grow 4 percent despite weaknesses in the North American and European markets.

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Why 3D Printing Could Be A Manufacturing And Logistics Game Changer

January 21, 2014 9:56 am | by Danielle M., Blogger & Business Student | Articles | Comments

Could 3D printing revolutionize the production industry to the same extent as Ford's assembly line? When Michelangelo was asked how he sculpted the famous David statue, he's reported to have simply replied, "I just chipped away everything that didn't look like David." Three-dimensional printing takes the opposite approach. 

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GE Arm, Boeing Confirm Order For 40 Planes

January 21, 2014 9:42 am | by The Associated Press | News | Comments

A General Electric plane leasing unit has ordered 40 aircraft from airplane maker Boeing, a deal valued at $3.9 billion at list prices. Boeing booked the order from GE Capital Aviation Services, the commercial aircraft leasing and financing arm of General Electric Co., in 2013.

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French Leader To CEOs: Invest More To Get Tax Cut

January 21, 2014 9:40 am | by The Associated Press | News | Comments

Companies in France pay the highest payroll taxes in Europe. A promised 30 billion-euro ($41 billion) payroll tax cut is a centerpiece of Hollande's new bid to keep the economy from sliding back into recession and bring down nearly 11 percent unemployment.

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Judge To Sentence Ex-Halliburton Manager

January 21, 2014 9:37 am | by Michael Kunzleman, Associated Press | News | Comments

Anthony Badalamenti, of Katy, Texas, was scheduled to be sentenced Tuesday by U.S. District Judge Jay Zainey. Badalamenti pleaded guilty in October to one misdemeanor count of destruction of evidence and faces a maximum sentence of 1 year in prison and a $100,000 fine.

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Legislation Proposed In WV To Regulate Chemicals

January 21, 2014 9:20 am | by Jonathan Mattise, Associated Press | News | Comments

Tomblin, the Democratic governor, urged passage of a chemical storage regulatory program. The bill aims to address shortcomings that allowed 7,500 gallons of coal-cleaning chemicals to seep into the Elk River on Jan. 9. Freedom Industries, which owned the plant that leaked the chemicals, filed for Chapter 11 bankruptcy Friday.

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VW Distances Itself From Auto Club's Poll

January 21, 2014 9:17 am | by The Associated Press | News | Comments

Europe's largest car maker Volkswagen says it won't use the ranking of its "Golf" model as Germany's favorite car in its advertising, after it came to light the country's main automobile club fudged figures in its poll.         

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Cause Of Deadly Omaha Plant Explosion Unknown

January 21, 2014 9:13 am | by Josh Funk, Associated Press | News | Comments

After a blast caused much of an Omaha manufacturing plant to collapse, some workers found themselves buried in debris and others scrambled for their lives. Two of the 38 workers who were at the International Nutrition plant on Monday morning died and 10 were hospitalized with significant injuries, authorities said.

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Investments In MIS On The Rise

January 21, 2014 9:00 am | by John Tertin, Director of MIS, ESE, Inc. | Articles | Comments

Food safety. Quality standards. Yield management. Waste control. Cost containment. The list goes on. With so many competing requirements, manufacturers’ need for more timely and accurate process data is accelerating both the interest and demand for Manufacturing Information Systems.

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Ergonomic Lift For 5-Gallon Pails

January 21, 2014 8:47 am | by Lift'n Buddy | Product Releases | Comments

The innovative Pail Partner lifter/transporter from Lift’n Buddy makes back strain from lifting and transporting heavy 5-gallon pails a thing of the past, says the company. The Pail Partner’s special yoke securely holds a plastic or metal pail just below its rigid collar.

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Industrial Rolling Dog Box

January 21, 2014 8:41 am | by Snap-On Industrial | Product Releases | Comments

The new Dog Box from Snap-on Industrial is a rolling tool box that makes moving tools across a hangar, tarmac, or facility a breeze. Available in three sizes, these Dog Boxes allow technicians to load up all the necessary tools into a tool box that’s positioned onto a frame with casters, and pull it out to the jobsite.

UN: More Than 200M Jobless Last Year

January 20, 2014 1:52 pm | by The Associated Press | News | Comments

The United Nations' labor agency says the number of unemployed people around the world rose above 200 million last year as job opportunities failed to grow at the same pace as the global workforce. That's 4.9 million more than the previous year.

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Iowa Workers Have Shots At Regaining Tyson Jobs

January 20, 2014 1:50 pm | by The Associated Press | News | Comments

The 60 workers who lost their jobs at the Tyson plant in northwest Iowa's Cherokee could return if business were to pick up and more production were needed. After Friday's layoff, the plant still employs about 500 people. The plant produces deli meats.

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14 Companies Bid To Destroy Syria Chemicals

January 20, 2014 1:47 pm | by The Associated Press | News | Comments

The Organization for the Prohibition of Chemical Weapons says 14 private sector companies have submitted bids to destroy chemicals removed from Syria as part of international efforts to dismantle Damascus' poison gas and nerve agent program.

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New Infrared Imaging Technology

January 20, 2014 12:30 pm | by Fluke Corporation | Videos | Comments

A lot is at stake when you're relying on images that are out of focus. Never again question your infrared image with Fluke's LaserSharp Auto Focus which gives you consistently in-focus images, every single time, says the company.      

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Transition Teams Handling Beechcraft Sale Details

January 20, 2014 11:51 am | by The Associated Press | News | Comments

The sale of Beechcraft to Cessna Aircraft's parent company, Textron, is expected to close in the first half of this year, pending government approvals.                             

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Horse Slaughter Blocked By Federal Law

January 20, 2014 11:49 am | by Barry Massey, Associated Press | News | Comments

The resumption of commercial horse slaughter in the U.S. was blocked Friday as President Barack Obama signed a budget measure that withholds money for required federal inspections of the slaughtering process.            

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