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Daily industrial news and top headlines for plant and maintenance managers

Chrysler Sales Up 6 Pct. As 2013 Finishes Strong

January 3, 2014 9:49 am | by Tom Krisher, AP Auto Writer | News | Comments

Chrysler finished 2013 with a 9 percent sales increase, posting its best annual numbers in six years as the auto industry's recovery hit full stride. The company said Friday that it sold just over 1.8 million cars and trucks last year, up from 1.65 million a year earlier.

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Some Workers Set To Reach $100K Pay In Boeing Deal

January 3, 2014 9:42 am | by Mike Baker, Associated Press | News | Comments

A group of top-level union workers at Boeing already earn more than $90,000 in base pay annually, not counting shift differentials, overtime or incentive payments, according to union wage tables. While the contract offer going to a vote Friday would slow the growth of machinists' wages starting in 2016, workers would still get regular cost-of-living adjustments, plus an extra 1 percent pay increase every other year.

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Setting the Table For Successful Supply Chain Management

January 3, 2014 9:33 am | by Michael Schmitt, Chief Marketing Officer, E2open | Articles | Comments

Over the past decade, I’ve watched as globalization, competition and digitalization have forever changed the business landscape. Throw in the fact that current, and potential, customers now have higher expectations, and more buying power, than ever before and you have very little room left for error when it comes to supply chain planning, process management and execution.

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ISM: A Well-Balanced, Solid End To The Year

January 3, 2014 9:26 am | by By Jon Minnick, Associate Editor, Manufacturing Business Technology | Articles | Comments

Economic activity in the manufacturing sector expanded in December for the seventh consecutive month, and the overall economy grew for the 55th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.

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Cordless Drill Drivers And Hammer Drills

January 3, 2014 8:47 am | by FEIN Power Tools, Inc. | Product Releases | Comments

FEIN Power Tools, Inc. has introduced a new series of cordless portable tools.  These German designed and built cordless drill drivers, hammer drills, and impact wrenches provide maximum efficiency and long service life in continuous professional uses.

Flowmeter Approved For Hazardous Areas

January 3, 2014 8:40 am | by KROHNE, Inc. | Product Releases | Comments

The H250 M40 combines the major explosion protection types in one device. It can be used in any suitable application that requires intrinsically safe (IS) or non-incendive (NI) wiring strategies, as well as for dust-ignition or explosion proof installations.

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Web-based Enterprise Operations Solution

January 3, 2014 8:33 am | by Yokogawa Electric Corporation | Product Releases | Comments

Yokogawa Electric Corporation announces Release 10 of FAST/TOOLS® – the latest version of a web-based real-time operations management and visualization software package that brings revolutionary changes to real-time process information intelligence.

Cordless Welding End Prep Tool

January 3, 2014 8:30 am | by ESCO Tool IMPO Product Releases | Comments

The Tube Weasel Battery MILLHOG® by Esco Tool is a right angle drive I.D. clamping welding end prep tool that employs a wedge-style blade locking system and TiN coated cutter blades to perform clean, ready to weld, end preps without cutting oils.

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Molto Properties Selects Cushman & Wakefield to Manage 11 Industrial Assets

January 2, 2014 1:52 pm | by Cushman & Wakefield National Industrial | News | Comments

Molto Properties, LLC has appointed Cushman & Wakefield’s industrial property management group to maintain its 3.9 million-square-foot, Class A industrial portfolio. The assignment includes 10 assets in the Chicago metropolitan market and one building in San Bernardino County, Calif.

A Look At What 2014 May Hold For Small Businesses

January 2, 2014 1:23 pm | by Joyce M. Rosenberg, AP Business Writer | News | Comments

What stresses small business owners the most? Our conversations with them and the research we come across suggest it's a lack of clarity. Well, there's no small business crystal ball — at least one we are aware of — but if one existed, here's a look at what it might reveal for 2014:

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Global Stocks Drop On Weaker Chinese Market

January 2, 2014 1:18 pm | by The Associated Press | News | Comments

Global markets began the New Year on a subdued note, falling Thursday after a Chinese survey suggested the world's second-largest economy might be slowing.  Major indexes closed out 2013 at or near record highs, but investors seemed reluctant to chase more gains in the new year.

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HP Confirms Higher Layoffs Than Expected

January 2, 2014 1:06 pm | by The Associated Press | News | Comments

Personal computer giant Hewlett-Packard Co. has confirmed that it expects layoffs at the upper end of a range that it outlined earlier this year, with 5,000 more workers than originally planned expected to lose jobs by October 2014.      

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Ill. Chemical Plant Unit Down Pending Fire Probe

January 2, 2014 1:01 pm | by The Associated Press | News | Comments

Illinois Attorney General Lisa Madigan says the Cook County judge on Tuesday granted a preliminary injunction against Blue Island Phenol in suburban Alsip. It requires the company to investigate the cause of the Dec. 13 explosion and fire that injured two workers and identify corrective measures.

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Ala. International Paper Closure Leaves Regional Scars

January 2, 2014 12:56 pm | by Errol Castens, Northeast Mississippi Daily Journal | News | Comments

Memphis-based International Paper Co.'s plan to shut its Courtland, Ala., paper mill next year may impact landowners and businesses across Northeast Mississippi.  Logging jobs may be lost or moved, and timber owners in some counties may find it difficult to market pulpwood at all.

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ISM: 55 Months Of Consecutive Manufacturing Growth

January 2, 2014 12:52 pm | by Institute for Supply Management | News | Comments

Economic activity in the manufacturing sector expanded in December for the seventh consecutive month, and the overall economy grew for the 55th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business®.

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Custom-Made Products Manufacturing

January 2, 2014 12:24 pm | by CNNMoney | Videos | Comments

CafePress, the online retailer of user-customized products, can personalize anything from mugs to Kindle cases using their 100 percent "home-grown" software and manufacturing equipment.                   

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Tool Reconditioning Fits Nicely With Lean Manufacturing

January 2, 2014 11:15 am | by Jim Norton, President of Custom Products & Services, Inc. | Articles | Comments

Refurbishing or reconditioning services are available that, when done properly, can provide extended service life to these tools by as much as 4x.  Typically, the cost to refurbish a tool is about 75% less than the cost of buying new, and in many cases, the refurbished tool will function as good as (or often better than) a new tool.

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Bombardier Wins Order For $2.2B In Business Jets

January 2, 2014 10:07 am | by The Associated Press | News | Comments

Bombardier didn't disclose the precise value of the deal — customers such as airlines routinely get discounts from plane manufacturers — and didn't identify the buyer. The Canadian plane maker said the order covered 28 Global jets and 10 Challenger 605 aircraft.

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Retirement Unlikely For Some Blue-Collar Americans

January 2, 2014 9:59 am | by Emily Wagster Pettus, Associated Press | News | Comments

Many have jobs that provide paltry pensions or none at all, as many companies have been moving toward less generous retirement packages in the past decade. Many boomers expect to work the rest of their lives because they have little cash put away for their old age and they worry Social Security won't cover their bills.

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Fiat To Pay UAW $3.65B For Remaining Chrysler Shares

January 2, 2014 9:53 am | by The Associated Press | News | Comments

Fiat already owns 58.5 percent of Chrysler's shares, with the remaining 41.5 percent held by a United Auto Workers union trust fund that pays health care bills for retirees. Under the deal, Fiat will make an initial payment of $1.9 billion to the fund, plus an additional $1.75 billion upon closing the deal.

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