Power-One, Inc. (Nasdaq:PWER), a leading provider of renewable energy and energy-efficient power conversion and power management solutions, announced that at its special meeting of stockholders held today, the stockholders approved the adoption of the merger agreement, pursuant to which ABB (NYSE:ABB) will acquire Power-One for $6.35 per share of Power-One common stock.
Celebrated in song, posters, art, and newsreels throughout World War II, “Rosie the Riveter” represented the many women who went to work in America’s factories to take the place of the men who were called to war. Today, an effort is underway to save part of a World War II-era bomber plant from the wrecking ball.
FabEnCo, Inc., a leading manufacturer of self-closing safety gates, recently announced that the company has launched its new corporate website located at www.safetygate.com. One of the major additions to the updated site is the inclusion of the company’s new Gate Guide, a unique program designed to assist customers and prospects in determining the right gate for a customer’s specific application.
The first so-called "bellwether" case could determine whether Toyota Motor Corp. should be held liable for sudden unintended acceleration in its vehicles — a claim made by motorists that plagued the Japanese automaker and led to lawsuits, settlements and recalls of millions of its cars and SUVs.
Mark Hogan, a former General Motors Co. executive tapped to join the Toyota board, sees his appointment as a sign of change at the Japanese automaker and hopes he'll play a role in the company becoming less insular and quicker in decision making.
Mitsubishi Heavy Industries Ltd. will fight Southern California Edison's allegations of gross negligence in the design and manufacture of steam tubes built for the San Onofre nuclear power plant, which has been permanently shut down due to excessive wear in the tubes.
Nissan Motor Co. and its French alliance partner Renault SA said Tuesday they have sold a combined 100,000 electric vehicles globally. However, the companies' sales of zero-emission cars have not been as strong as expected due to higher price tags than equivalent gasoline-powered vehicles as well as scarce charging facilities.
Eight energy companies will bid Sept. 4 on a lease for a vast expanse of ocean off Virginia's coast set aside for the development of wind farms. The Bureau of Ocean Management on Monday announced the scheduled auction of 112,800 acres on the Outer Continental Shelf, 23.5 miles east of Virginia Beach.
American Tank Company Inc. is building a $2 million manufacturing plant in New Iberia, Louisiana. Company officials and Gov. Bobby Jindal announced the plans Monday, saying the plant will create 20 jobs averaging $32,000 a year plus benefits.
Land Rover extended its Lean manufacturing to cover vehicles rolling off the production line at its Solihull, England production facility by implementing Zebra Solutions Vehicle Tracking & Management Solution. Newly assembled vehicles move around the site as they are prepared for dealer orders, so it was a manually intensive process to establish their precise location and identify and direct each vehicle to the next process.
GETRAG FORD is one of the largest manufacturers of automotive transmissions in the world. As part of its Lean manufacturing initiative, the company implemented Zebra Material Flow Replenishment system to automate parts processes throughout its 2 million square foot assembly plant in Cologne, Germany.
In difficult economic times, Lean thinking strikes a chord for manufacturers as it promises to reduce costs, improve quality, and transform the bottom line by eliminating waste in every area of the value stream. Its goal is to eliminate non-value added processing from the customers’ perspective, enabling less inventory, less space, less resource, less time and less cost to produce more – and all highly responsive to customer demand.
Manufacturers around the country have found themselves struggling to find the qualified workforce needed to meet demand. This problem is compounded by the ever present threat of economic downturn, making it difficult for employers to maintain their workforce and ensure that employees remain available for work as needed, despite layoffs and other challenges.
There is a continuous barrage of editorials, TV commentators, and published stories that denounce the current educational system as declining and inferior to other countries. In general, the blame is directed at students, teachers, school administrators, and their curriculums. Everyone seems to be searching for the magic key that will unlock the performance of kids and knock down the barriers to a good education.
Our fourth annual Energy Intelligence Report has been designed to spark some ideas for cost savings measures, as manufacturers continue to face tightening budgets and competitive pressures. We hope you can find something of value as you look at your own plant floor and try to determine where to start.
Asset management, at its core, is all about profitability. If a manufacturer can gain a clear picture of how and where assets are being used, they can account for overuse, underuse, lost items, bottlenecks, theft, and more. And in doing so, there is an endless list of tools to consider.
The Institute for Supply Chain Management held their 98th Annual International Supply Management Conference & Educational Exhibit April 28th through May 1st in Grapevine, TX. More than 2,000 professionals attended the conference and several “instant” digital polls were held, taking a look at reshoring and tax concerns. Thomas Derry, CEO of ISM, discusses the results of those polls and how they are affecting business and the economy.
Not too long ago, an article outlined some major reasons why reshoring, for all its business viability and value to the American economy, faces real problems with aging machinery and a workforce in need of new, well-trained people. Naturally, these concerns stem from a variety of flaws in the educational and training systems, and from a lack of foresight from manufacturers, who were not prepared for such a wide skills gap.
Pro Weld Inc., a Michigan manufacturer of material handling containers, set goals to improve the quality of their product, eliminate re-work, and reduce energy costs in their welding and painting operation that runs three shifts per day. A key improvement in the final painting and inspection portion of the building was increasing the levels and quality of light so the employees could clearly see their work.
Southeast Packaging has been on the fast track to lead its industry in energy-efficient, environmentally-friendly, “green” programs. So when management began investigating ways to improve the efficiency of lighting at its packaging facility in Concord, NC, they turned to OEO’s “BIG LIGHT.”