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Daily industrial news and top headlines for plant and maintenance managers
Speed To Market 2013
January 30, 2013 8:00 am | by Steve Helfer, General Manager, Clinkenbeard, Rockford, IL | Articles | CommentsChallenges are ever increasing with global markets. Customers are expecting quicker response times on the solutions they seek. Companies are impacted by forces from all directions, but it all comes down to execution: if you don’t execute you will not win the market or launch the product. Execution is stopped by distractions from your core business and your business core processes; none of these distractions are new.
MI Gov. Asks For Ruling On Right-To-Work Law
January 29, 2013 2:05 pm | by David Eggert, Associated Press | News | CommentsGov. Rick Snyder asked the Michigan Supreme Court on Monday to rule quickly on the constitutionality of the new right-to-work law that takes effect in late March, saying questions on how it would impact 35,000 unionized state employees must be resolved before new contract talks begin this summer.
AR Gov. Announces $1.1B Steel Mill Plan
January 29, 2013 2:02 pm | by Michael Stratford, Associated Press | News | CommentsGov. Mike Beebe on Tuesday unveiled Arkansas' largest ever economic development project, saying investors were poised to build a $1.1 billion steel mill along the Mississippi River if legislators approve startup funding. Big River Steel LLC, to be located near Osceola, would employ 525 people with an average salary of $75,000 — twice the state average.
Harley-Davidson 4Q Profit Short Of Street Expectations
January 29, 2013 1:59 pm | by The Associated Press | News | CommentsHarley-Davidson's net income slid 33 percent in the fourth quarter compared with last year when the company booked a $51 million gain related to taxes. Net income figures fell just shy of Wall Street profit expectations, yet shares moved in and out of positive territory in premarket trading as the company outlined cost savings from a massive retooling at the iconic motorcycle maker.
DuPont, Easton-Bell Feud Over Kevlar Trademark
January 29, 2013 1:57 pm | by Randall Chase, AP Business Writer | News | CommentsThe DuPont Co. is feuding with sports equipment maker Easton-Bell Sports over the use of the Kevlar trademark in packaging for bicycle tires and locks. DuPont filed a federal lawsuit in Delaware this week claiming that Easton-Bell's prominent use of the Kevlar trademark on tire and lock packages infringes on DuPont's trademark.
AK Steel 4Q Loss Widens, Still Beats Estimates
January 29, 2013 1:55 pm | by The Associated Press | News | CommentsAK Steel fourth-quarter loss widened, stung by pension and tax charges and declining prices. Its adjusted results topped Wall Street's view. AK Steel produces flat-rolled carbon, stainless and electrical steel products for a range of industries, including automotive, construction and infrastructure, manufacturing, and electricity.
Wanxiang Says Panel Approves A123 Sale
January 29, 2013 1:54 pm | by Randall Chase, AP Business Writer | News | CommentsChinese auto parts conglomerate Wanxiang Group Corp. says a federal panel has approved its purchase of most assets of failed battery maker A123 Systems Inc. Wanxiang said Tuesday that the Committee for Foreign Investment in the United States (CFIUS) approved the $257 million deal.
Can Blackberry 10 Breathe New Life Into RIM?
January 29, 2013 12:39 pm | by CBS News | Videos | CommentsSince 2006, the smartphone landscape has undergone seismic changes. Now, a former industry leader is looking to regain customers. CNET.com's Sumi Das reports RIM is making a gamble with their new Blackberry 10 operating system in a move to stay relevant.
Ford 2012 Profits Better Than Expected
January 29, 2013 10:25 am | by Dee-Ann Durbin, AP Auto Writer | News | CommentsFord earned better-than-expected profits in 2012 as record results in North America trumped losses in Europe. It will have to do even better at home this year as the losses in Europe mount. The No. 2 U.S. automaker earned $5.7 billion for the year, or $1.42 per share.
6 Police Injured In Fight With Steel Workers
January 29, 2013 10:23 am | by The Associated Press | News | CommentsSix Belgian police officers have been injured in scuffles with some 2,000 steel workers protesting plans to lay off 1,300 workers at several plants in Liege. Workers seeking to get close to the regional government offices in southern Namur threw bricks at police. Authorities responded with tear gas and water cannon.
Report: Gov't Allowed High Pay At Bailed-Out Firms
January 29, 2013 10:20 am | by Marcy Gordon, AP Business Writer | News | CommentsA government report criticized the U.S. Treasury Department for approving "excessive" salaries and raises at firms that received taxpayer-funded bailouts during the financial crisis. The Special Inspector General for the Troubled Asset Relief Program said Treasury approved all 18 requests it received last year to raise pay for executives at American International Group, General Motors and Ally Financial.
Hostess Picks Little Debbie Maker For Drake's
January 29, 2013 10:17 am | by Candice Choi, AP Food Industry Writer | News | CommentsHostess has picked the maker of Little Debbie as the lead bidder for its Drake's cakes. According to a filing in U.S. bankruptcy court, McKee Foods has offered $27.5 million in cash for the cake brands, which include Devil Dogs, Funny Bones and Yodels. The fate of Twinkies and other Hostess cakes are still being negotiated with other bidders.
BAE To Lay Off 300 Workers
January 29, 2013 10:15 am | by The Associated Press | News | CommentsDefense contractor BAE Systems PLC is laying off 300 employees, two-thirds of them at its plant in southern New Hampshire. The company, headquartered in London, said Monday that affected employees will be notified by March 4. About 4,600 employees work at the plant in Nashua, N.H.
U.S. Steel Shrinks 4Q Loss To $50M
January 29, 2013 10:13 am | by Joshua Freed, AP Business Writer | News | CommentsUS Steel reported a smaller fourth-quarter loss as carmakers and other manufacturers used more steel, and it said shipments should rise in the current quarter. The steel industry has been buffeted by an inconsistent global economy. On Monday, the U.S. Commerce Department reported that overall orders for durable goods rose 4.6 percent in December. But a key gauge of business investment plans rose just 0.2 percent.
Argyle Welding Supply Now Tracking Smarter
January 29, 2013 8:08 am | by Barcoding, Inc. and TrackAbout | Articles | CommentsArgyle often lacked reliable data to provide accurate billing, resolve customer disputes and account for the 26,000 cylinders they managed. The company struggled with these problems until a vendor introduced them to TrackAbout, giving them the confidence to invest in an advanced asset tracking system.
