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Daily industrial news and top headlines for plant and maintenance managers

China Rejects Report It May Soon Be No. 1 Economy

April 30, 2014 10:02 am | by Joe McDonald, AP Business Writer | News | Comments

China is on track to become the No. 1 economy by sheer size by the early 2020s and possibly sooner. But its leaders downplay such comparisons, possibly to avert pressure to take on financial obligations or make concessions on trade or climate change.

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Siemens Joins Bidding For Alstom

April 30, 2014 10:00 am | by The Associated Press | News | Comments

French engineering company Alstom has received a purchase offer from Germany's Siemens, putting another party at the bargaining table with General Electric Co.               

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Musk Challenges Air Force Rocket Contract

April 30, 2014 9:58 am | by The Associated Press | News | Comments

SpaceX filed a lawsuit challenging a contract awarded to a joint venture between Boeing and Lockheed Martin to supply 36 rocket cores to the Air Force to send national security equipment into space.         

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3D Printing And The Automotive Industry

April 29, 2014 2:27 pm | by /DRIVE | Videos | Comments

The world of 3D prototyping and printing has changed the automotive industry. Christian von Koenigsegg explains how his company takes advantage of the new 3D printing technology.                    

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Outside Lab Asked To Review Wash. Vapor Problem

April 29, 2014 2:24 pm | by The Associated Press | News | Comments

A South Carolina lab will lead an independent review of chemical fumes reported by workers at waste storage tanks at the nation's most contaminated nuclear weapons site in Washington state.          

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PwC: Industrial Manufacturing M&A Up In Q1

April 29, 2014 2:21 pm | by PwC US | News | Comments

In the first quarter of 2014, the total value for merger and acquisition (M&A) activity in the industrial manufacturing sector surpassed both the previous quarter and the same time period in 2013.         

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Court Revives EPA Cross-State Pollution Rule

April 29, 2014 2:19 pm | by Dina Cappiello & Mark Sherman, Associated Press | News | Comments

The Supreme Court has given the Environmental Protection Agency an important victory in its effort to reduce power plant pollution that contributes to unhealthy air in neighboring states.           

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CAT Closing South Carolina Plant

April 29, 2014 2:15 pm | by The Associated Press | News | Comments

Caterpillar is moving its engine production plant operations from Fountain Inn to Georgia and Texas, affecting 380 full-time and 130 temporary jobs.                 

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Apple And Samsung Technology Battle Nears Close

April 29, 2014 2:13 pm | by Paul Elias, Associated Press | News | Comments

Lawyers for both companies are expected to deliver closing arguments Tuesday before jurors are sent behind closed doors to determine a verdict in a closely watched trial over the ownership of smartphone technology.      

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Pfizer Still Pursuing AstraZeneca

April 29, 2014 9:56 am | by Danica Kirka and Linda A. Johnson, Associated Press | News | Comments

Pfizer Inc. was turned down twice by fellow drug maker AstraZeneca PLC, but said Monday that its proposed $100 billion acquisition makes sense for shareholders of both companies, and it's considering its next steps.      

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BMW Recalls 156K Vehicles

April 29, 2014 9:52 am | by The Associated Press | News | Comments

BMW is recalling more than 156,000 cars and SUVs in the U.S. because the engines can lose power or stall.                        

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Toyota Moving U.S. Base To Texas

April 29, 2014 9:49 am | by The Associated Press | News | Comments

Toyota said Monday that it will move its U.S. headquarters from California to Texas.                            

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Nokia Eyes Turnaround With New CEO

April 29, 2014 9:47 am | by Matti Huuhtanen, Associated Press | News | Comments

Nokia Corp. reported Tuesday another drop in sales in the troubled devices unit it sold to Microsoft, but its shares rallied as it named a new CEO, promised a special dividend, and prepared to focus on its remaining businesses.    

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Time Running Out To Save Rosie's Plant

April 29, 2014 9:45 am | by The Associated Press | News | Comments

A group trying to save a slice of the factory west of Detroit raised $7 million, but it needs $8 million and has until Thursday to make that happen. If the Save the Bomber Plant campaign fails, a piece of U.S. history will be lost forever.  

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Congress Heads To Work To Do The Bare Minimum

April 28, 2014 1:46 pm | by Andrew Taylor, Associated Press | News | Comments

The only things likely to become law in a Congress bitterly divided between House Republicans and the Democratic-led Senate are those that simply have to pass, such as a measure to avoid a government shutdown.           

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USDA Announces Top Scientific Breakthroughs in 2013

April 28, 2014 1:39 pm | News | Comments

A new report explores the scientific breakthroughs discovered by USDA researchers. Innovations range from flour made out of chardonnay grape seeds that prevents weight gain to antimicrobial packets that keep food from spoiling.        

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Workers And UAW Turn To OECD In Nissan Dispute

April 28, 2014 1:33 pm | by The Associated Press | News | Comments

UAW and IndustriALL Global Union have requested mediation by the U.S. State Department to protect workers’ organizing rights at the giant Nissan auto assembly plant in Canton, Mississippi.                  

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Coca-Cola Building New Facility In Chattanooga

April 28, 2014 1:25 pm | by The Associated Press | News | Comments

Officials say the Coca-Cola Co. will build a new distribution center in Chattanooga, maintaining the company's 115-year business relationship with the city.                           

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GM's Former CEO Received About $9M In 2013

April 28, 2014 1:22 pm | by Tom Krisher, AP Auto Writer | News | Comments

Former General Motors CEO Dan Akerson's compensation fell 18 percent last year to just over $9 million, which the company said was due to the timing of stock awards.                         

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IMF Raises Economic Growth Outlook For China

April 28, 2014 1:20 pm | by Joe McDonald, AP Business Writer | News | Comments

The International Monetary Fund raised its economic growth forecast for China on Monday but warned that its financial system faces risks due to the rapid expansion of debt.                       

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