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Daily industrial news and top headlines for plant and maintenance managers

Oil Plunge Creates Mixed Feelings in Global Economies

December 1, 2014 9:27 am | by The Associated Press | News | Comments

A renewed plunge in oil prices is a worrying sign of weakness in the global economy that could shake governments dependent on oil revenues. Yet it is also a bonus for consumers as prices fall at the pump, giving individuals more spending money and lowering costs for many businesses.

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Obama's Immigration Move Disappoints Some Business Leaders

November 26, 2014 12:35 pm | News | Comments

President Barack Obama's executive actions on immigration left out some of the business community's top priorities, disappointing business leaders who might have stepped up to defend his policies in the face of Republican attacks.     

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Can Toyota's Hydrogen-Powered Vehicle Go the Distance?

November 26, 2014 12:31 pm | by Bloomberg News | Videos | Comments

A new car from Toyota could be the blueprint of cars we’ll be driving in years to come. It’s called the Mirai, which means "future" in Japanese, and is Toyota's first emissions-free, hydrogen-powered vehicle...but the innovation isn't without risks in an unproven market.

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Student Makes Low-Cost Prosthetic With 3D Printer

November 26, 2014 12:27 pm | by CBS News | Videos | Comments

Jeff Powell, a college student in Chapel Hill, North Carolina, made a prosthetic hand for a 7-year-old boy for only $20 using a 3D printer. The impact of this could be more profound.                   

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3 Reasons Shoppers Will Spend Cautiously This Season

November 26, 2014 12:22 pm | by Anne D'innocenzio, Christopher Rugaber, AP Business Writers | News | Comments

The National Retail Federation forecasts holiday sales will grow 4.1 percent to $616.9 billion - the highest increase since 2011. But retailers already have had to resort to discounting to get shoppers into stores.           

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Germany To Require 30 Percent Women on Company Boards

November 26, 2014 11:49 am | by The Associated Press | News | Comments

Germany's leading companies will need to have at least 30 percent women on their supervisory boards from 2016, according to a new directive being adopted by the government, Chancellor Angela Merkel said Wednesday.           

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White House Veto Threat Puts Business Tax Credits on Ice

November 26, 2014 11:43 am | by Andrew Taylor, The Associated Press | News | Comments

The White House is working feverishly to quickly scuttle a congressional effort to permanently renew generous tax breaks for businesses and individuals, saying a plan brewing on Capitol Hill favored corporations over the working class.     

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Woman Cleared in Fatal Wreck After GM Confirms Car Would Have Been Recalled

November 26, 2014 11:24 am | by Michael Graczyk, Associated Press | News | Comments

A Texas judge cleared a woman Monday for a car accident that killed her fiance in 2004, after General Motors acknowledged that her car would have been among millions being recalled for a problem that may have contributed to the death.     

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Why I'm Thankful for Manufacturing

November 26, 2014 11:09 am | by Maura Falk, Associate Editor | Blogs | Comments

One Thanksgiving family tradition of mine that I would like to share — with a manufacturing spin —is the ‘I’m thankful’s.’ So for the sake of holiday spirit and sharing this family tradition of mine, as well as to show that the manufacturing sector is something to be truly thankful for, I have created this list. 

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Visual Workplace Catalog

November 26, 2014 10:05 am | by Visual Workplace, Inc | Product Releases | Comments

Visual Workplace, Inc.’s comprehensive catalog details the company’s complete line of 5S, Lean and Visual Management solutions, highlighting the Mobile In-House Sign Shop (MIHSS). 

Kentucky Whiskey Maker Fetches More Than $28K For 1st Bottle of Bourbon

November 26, 2014 9:54 am | by Bruce Schreiner, The Associated Press | News | Comments

One of Kentucky's newest whiskey makers is making a big splash, fetching more than $28,000 for its first bottle of bourbon.                                     

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MAPI Foundation Economic Forecast: Jobs, Replacement Demand Highlight Growth

November 26, 2014 9:47 am | by Manufacturers Alliance for Productivity and Innovation (MAPI) | News | Comments

The MAPI Foundation predicts strong growth in jobs plus replacement demand for equipment from businesses will provide a stable base for overall economic growth, according to a new report.                  

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U.S. Durable Goods Order on the Rise

November 26, 2014 9:41 am | by Martin Crutsinger, The Associated Press | News | Comments

Orders for durable goods increased 0.4 percent last month following a 0.9 percent drop in September and an even bigger 18.3 percent plunge in August, the Commerce Department reported Wednesday. The two months of declines reflected big swings in the volatile category of commercial aircraft.

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Applications for Unemployment Benefits Rise to 313K

November 26, 2014 9:37 am | by Christopher Rugaber, The Associated Press | News | Comments

The number of people seeking U.S. unemployment benefits jumped last week, pushing total applications above 300,000 for the first time in nearly three months.                           

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Ready. Set. Reshore. The Challenges (and Rewards) of Onshoring

November 26, 2014 9:31 am | by Noreen King | Articles | Comments

To meet the growing demand that reshoring will bring, I believe that contract manufacturers here in the U.S. should focus on two things: Reducing the lead-time of production and improving supply chains.             

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AAM Asks Americans to Pledge to Buy American-Made Over Holidays

November 26, 2014 9:24 am | by Maura Falk, Associate Editor | News | Comments

Millions of shoppers will rush to stores in the hopes of a great deal on Friday, there is nothing that will change that, however the Alliance for American Manufacturing wants to change the effects of such consumerism. They want that money to go back to American workers and companies.

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Vermont Auditor Questions State's Role in Liquor Business

November 25, 2014 2:20 pm | by The Associated Press | News | Comments

Vermont state Auditor of Accounts Doug Hoffer is questioning the state's role in the liquor business, and says complete privatization likely would have a neutral revenue impact                     

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As OPEC Faces Tough Test, Lower Oil Prices Loom

November 25, 2014 2:12 pm | by Jonathan Fahey, The Associated Press | News | Comments

These are the moments OPEC exists for: A sharp drop in global oil prices has reduced the amount of money OPEC countries take in by nearly $1 billion a day.                           

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EPA: Texas Coal Plants Should Spend $2B to Cut Emissions

November 25, 2014 2:07 pm | by Emily Schmall, The Associated Press | News | Comments

Federal regulators are proposing that the largest coal-powered plants in Texas invest $2 billion in new technology to reduce sulfur dioxide emissions, a measure energy companies are likely to resist.               

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Why Pick Domestic Manufacturing? Q&A With Allen Klevens

November 25, 2014 2:02 pm | by Bridget Bergin, Associate Editor, Manufacturing.Net | Articles | Comments

In order to have control of manufacturing, you want to have the ability to move quickly or change quickly. Therefore, I believe it is worth the extra dollars to have things built in the U.S.                 

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