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Daily industrial news and top headlines for plant and maintenance managers

Does France Have The Right Plan To Revive Its Economy?

May 21, 2013 10:14 am | by Sarah DiLorenzo, AP Business Writer | News | Comments

The man charged with reviving France's shrinking economy and attracting businesses to invest there is gaining a reputation for doing the opposite. As the country's first-ever minister for industrial renewal, Montebourg told the world's largest steelmaker it is not welcome in France and exchanged angry letters with the head of an American tire company he was supposedly wooing.

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Apple's Cook To Face Senate Questions On Taxes

May 21, 2013 10:12 am | by Marcy Gordon, AP Business Writer | News | Comments

A Senate panel says Apple Inc. is avoiding paying billions of dollars in U.S. taxes, but the world's most valuable company says it is complying with the laws and pays "an extraordinary amount" in taxes to the U.S. government. Apple Inc. CEO Tim Cook is scheduled to testify Tuesday on Capitol Hill to explain the company's tax strategy.

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GM Giving Paid Internships To 110 HS Students

May 21, 2013 10:11 am | by The Associated Press | News | Comments

General Motors is kicking the tires on a unique new internship program for Detroit-area high school students. GM has hired 110 students for paid summer internships, the automaker said Monday in announcing the formation of the GM Student Corps, a program that combines service, education and mentoring.

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Nebraska Company Reopens Iowa Manufacturer

May 21, 2013 10:09 am | by The Associated Press | News | Comments

A week after a northwest Iowa manufacturer shut down its factory, the laid-off workers were back on the job Monday thanks to a Nebraska company that stepped in and bought the business. Thurston Manufacturing Co. of Thurston, Neb., moved swiftly to complete its purchase of Simonsen Iron Works of Spencer, Iowa, so it could rehire workers and keep the plant operating, Thurston co-owner Nick Jenson said.

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MO Judge Orders Monitoring For Ex-Mamtek CEO

May 21, 2013 10:07 am | by The Associated Press | News | Comments

A Missouri judge on Monday ordered the former head of a failed artificial sweetener plant in Moberly to wear a GPS electronic monitoring device while he awaits trial on felony fraud and forgery charges. St. Charles County Circuit Judge Daniel Pelikan ordered ex-Mamtek CEO Bruce Cole to wear the device while he is at home, the Columbia Daily Tribune reported.

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Comparing Low Harmonic Drives In Light Of IEEE 519

May 21, 2013 8:05 am | by Wolfgang Hilmer, Project Manager, Siemens Industry | Articles | Comments

The most commonly used standard in the electric industry for limiting the harmonics in supply systems is IEEE 519. IEEE 519 limits the demand distortion (THDD) and voltage distortion (THVD) at the point of common coupling (PCC). The VFD input current distortion (THID) does not necessarily need to be less than five percent to meet IEEE 519 at the PCC.

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Preparing To Succeed When Your Network Has Been Breached

May 21, 2013 8:00 am | by Jeff Multz, Director of North America Midmarket Sales, Dell SecureWorks | Articles | Comments

Since it’s almost certain that every organization will experience a cyber security incident at some time, you need to be well prepared in advance. According to the 2013 Verizon Data Breach report, 22 organizations, mainly in manufacturing and professional services, with only one to 100 employees became a victim to cyber espionage last year. And 23 firms, mainly in manufacturing with 101 to 1,000 employees, also were breached.

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Goff’s Enterprises Wins BizTimes “I.Q. Award” For Innovation

May 20, 2013 3:24 pm | News | Comments

Goff’s Enterprises, Inc. has received an I.Q. Award for Innovation from BizTimes Media LLC. The I.Q. Awards salute southeastern Wisconsin businesses for their innovations in products and services. The award was presented at the BizTimes Award luncheon on May 16th, in Milwaukee, WI.

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United To Restart 787 Flights

May 20, 2013 2:38 pm | by Joshua Freed, AP Airlines Writer | News | Comments

United Airlines is getting its 787s back in the air. The planes are flying again after being grounded for four months because of smoldering batteries on 787s owned by other airlines. The incidents included an emergency landing of one plane, and a fire on another.

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Ex-Saab Execs Arrested On Accounting Charges

May 20, 2013 2:36 pm | by The Associated Press | News | Comments

A Swedish prosecutor says three former executives of automaker Saab Automobile AB have been arrested on accounting fraud charges. Prosecutor Olof Sahlgren says the three are "suspected of aggravated attempts to avoid tax controls" by allegedly falsifying parts of Saab's accounts between 2010 and 2011 — a crime that carries a sentence of up to four years in prison.

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Canada Trying To Lure Silicon Valley Tech Workers

May 20, 2013 2:35 pm | by The Associated Press | News | Comments

The Canadian government launched an aggressive campaign to lure Silicon Valley tech workers frustrated by U.S. visa policies northward, just as Congress wrestles with a long-sought overhaul of America's immigration system. Canada's minister of citizenship, immigration and multiculturalism arrived in the San Francisco Bay area for a  visit aimed at snapping up talent for Canada's high-tech economy by offering startup entrepreneurs a visa.

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Judge Gives Final Approval To A123 Bankruptcy Plan

May 20, 2013 2:31 pm | by Randall Chase, AP Business Writer | News | Comments

A Delaware bankruptcy judge has given final approval to the reorganization plan of failed battery maker A123 Systems Inc., which was the recipient of a $249 million Department of Energy grant. Monday's court hearing resolved minor outstanding issues following the sale of most of the company's assets to the U.S. arm of Chinese auto parts conglomerate Wanxiang Group Corp. for nearly $257 million.

GE Healthcare To Invest $17M In New SC Plant

May 20, 2013 2:29 pm | by The Associated Press | News | Comments

GE Healthcare is investing $17 million in a Florence plant that will turn helium gas into supercool liquid needed for medical imaging. The company announced Monday it's building a 5,000-square-foot facility next to its existing magnetic resonance plant. GE expects 10 of the 50 jobs created to be permanent.

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Texas Sues BP For Damages Related To Oil Spill

May 20, 2013 2:27 pm | by Juan A. Lozano, Associated Press | News | Comments

Texas on Friday became the fifth state to sue British oil company BP over the 2010 Deepwater Horizon oil spill, seeking damages related to the worst offshore oil spill in U.S. history. The lawsuit is seeking lost tax revenue, lost revenue from state parks, damages to natural resources and civil penalties for each day that oil was spilled and for every barrel of oil that was illegally discharged.

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Go Inside A Bangladeshi Garment Factory

May 20, 2013 11:59 am | by CNN Money | Videos | Comments

Garment factory owners struggle to shake off the stigma of poor working conditions after the tragic collapse of a rented facility that was not equipped for factory use. Garment workers now question how safe they are at their own factory jobs.

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Founder Of MI-Based PSI Passes Away At Age 79

May 20, 2013 11:35 am | by Phillips Service Industries, Inc. | News | Comments

Phillips Service Industries, Inc. (PSI), a privately-held global manufacturing and services holding company, has announced that its Founder and Chairman of the Board, William T. (Bill) Phillips, passed away after a hard-fought battle with Amyotrophic lateral sclerosis (ALS), which is also commonly referred to as Lou Gehrig’s disease. He was 79-years-old, and a long-time resident of Northville, MI.

Human Error Reduction Workshop

May 20, 2013 11:22 am | by Reliability Center, Inc. | Events

This training provides attendees with the requisite skills and knowledge necessary to provide a rigorous understanding of human performance that will result in significantly reduced human errors and improved operational excellence in the workplace. this will answer the question "why" it happened.

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12 Dead In China Factory Explosion

May 20, 2013 10:06 am | by The Associated Press | News | Comments

A massive blast ripped through an explosives factory Monday in eastern China, killing at least 12 people and leaving others buried in the debris, state media reported. Rescuers were take care to avoid setting off additional explosions as they went through the site of the mid-morning explosion in Shandong province's Caofan township, the China News Service said.

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UAW: Nissan Subsidies Top $1.3B

May 20, 2013 10:05 am | by Jeff Amy, Associated Press | News | Comments

Nissan Motor Co.'s Mississippi plant is on track to receive more state aid and tax breaks than what state and company officials have previously revealed, according to a study paid for by the United Auto Workers, which is questioning whether the state is getting enough for its money.

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GM Stock Rises Above $33 For The First Time In 2 Years

May 20, 2013 10:03 am | by Tom Krisher, AP Auto Writer | News | Comments

Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more than two years. GM shares reached $33.77 Friday before slipping back to close at $33.42, up 3.2 percent. The auto giant sold shares to the public for $33 in a November 2010 IPO, but they've traded below that price since May 4, 2011.

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