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Daily industrial news and top headlines for plant and maintenance managers

Company Shows Interest In Near-Bankrupt Fisker Assets

January 2, 2014 9:38 am | by The Associated Press | News | Comments

A company has filed a proposal to buy the assets of Fisker Automotive, days before a hearing planned in the electric vehicle maker's bankruptcy. The proposed agreement between Fisker and Wanxiang America Corp. was filed Monday in bankruptcy court. A hearing on a possible sale of Fisker's assets is scheduled for Friday in Wilmington.

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CMMI: Is Your Business Mature Enough?

January 2, 2014 9:20 am | by Joel Hans, Managing Editor, Manufacturing.net | Articles | Comments

Unlike other frameworks or standards, CMMI isn’t a compliance exercise, and doesn’t require adherence to a particular methodology, such as Six Sigma or Lean. It’s methodologically agnostic, which means that rather on focusing on how to do something, it focuses on what needs to be done. 

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New Visual Picking Display Tool

January 2, 2014 8:54 am | by Kardex Remstar IMPO Product Releases | Comments

When it comes to display monitors for picking, the bigger the better. Now available from Power Pick Global software, an enhanced picking display monitor can be integrated into a picking station to increase picking accuracy and speed.

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Custom Equipment Scissor Lift

January 2, 2014 8:41 am | by Custom Equipment Inc. | Product Releases | Comments

Custom Equipment, Inc. has filled the first order for its new HB-1230 scissor lifts, the most recent addition to the company’s full line of Hy-Brid Lifts low-level access equipment. 

PREP Tool For Socket Welding

January 2, 2014 8:32 am | by Asahi/America Inc. IMPO Product Releases | Comments

Asahi’s new PREP (peel, remove, edge and plane) tool offers three-in-one convenience to quickly prepare a pipe before socket welding by removing the natural oxidation that occurs on polyolefin thermoplastics (PE, PP).

Guardair Corporation 1500 Gun Vac Series

January 2, 2014 8:26 am | by Guardair Corporation | Product Releases | Comments

Guardair Corporation, a world-class manufacturer of high quality safety air guns, syphon spray guns, and pneumatic vacuums, announces the 1500 handheld Gun Vac® Series. 

The World Braces For Impending Retirement Crisis

December 30, 2013 10:04 am | by David McHugh, Elaine Kurtenbach and Paul Wiseman, AP Business Writers | News | Comments

Spawned years before the Great Recession and the 2008 financial meltdown, the crisis was significantly worsened by those twin traumas. It will play out for decades, and its consequences will be far-reaching. Many people will be forced to work well past the traditional retirement age of 65. Living standards will fall and poverty rates will rise for the elderly in wealthy countries.

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Cooper Tire Ends Buyout Agreement With India's Apollo

December 30, 2013 10:00 am | by The Associated Press | News | Comments

Cooper Tire & Rubber Co. is calling off its proposed $2.2 billion sale to India's Apollo Tyres, a deal that would have created the world's seventh largest tire company. The U.S.-based company said Monday that financing is no longer available, and it continues to claim, as it has for months, that Apollo breached the terms of the agreement.

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Samsung Sells 110-Inch Ultra-HD TV For $150,000

December 30, 2013 9:58 am | by Youkyung Lee, AP Technology Writer | News | Comments

Demand for U-HD TVs is expected to rise despite dearth of content while its price will likely come down faster than that of the OLED TVs. Much of the growth is forecast to come from China, a major market for the South Korean TV makers. Chinese TV makers have been making a push into the U-HD TV market as well.

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NJ Man Sues Electric Motorcycle Co. He Co-Founded

December 30, 2013 9:55 am | by The Associated Press | News | Comments

Fort Lee resident Vincent Ip co-founded Mission Motorcycles of San Francisco. The company makes high-end, electric-powered motorcycles that Time magazine calls one of the top inventions of 2013. Ip was terminated in November for what the company's lawsuit calls unprofessional behavior including physical threats.

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VW: 123,000 New Jobs Created Since 2007

December 30, 2013 9:53 am | by Joel Hans, Managing Editor, Manufacturing.net | News | Comments

Volkswagen Group announced today that it has grown by about 248,000 employees, representing a rise of 76 percent, since 2007. 123,000 of those are new jobs created around the world, and 125,000 are from employees of companies acquired during that period and integrated into the larger group. At the end of 2013, the company has about 573,000 employees, the highest number in its history.

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Gun Magazine Supplier Expands In Iowa College Town

December 30, 2013 9:46 am | by Ryan J. Foley, Associated Press | News | Comments

With demand for gun products booming, Brownells Inc. is building a large distribution and retail center along Interstate 80 in Grinnell. The central Iowa city of 9,100 is home to Grinnell College, a selective liberal arts institution proud of its commitment to social justice. 

ThyssenKrupp Sells Massive $5 Billion Ala. Mill

December 27, 2013 9:40 am | by Melissa Nelson-Gabriel, Associated Press | News | Comments

News that ThyssenKrupp planned to sell the $5 billion mill just five years after it opened sent a ripple through the region, which depended on well-paying jobs related to the mill throughout the economic downturn. ThyssenKrupp has said its plan to import steel slabs from its plant in Brazil fell apart because of the recession and increasing production costs in Brazil.

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Labor Dept. Approves Help For Displaced Vt. IBM Workers

December 27, 2013 9:38 am | by The Associated Press | News | Comments

The U.S. Department of Labor authorized former employees of the Williston IBM plant and some other businesses involved in memory design services in that town to participate in a program designed to help workers who have lost their jobs due to foreign competition, state officials said Thursday.

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Cambodian Garment Workers Block Traffic Over Pay

December 27, 2013 9:35 am | by The Associated Press | News | Comments

Striking workers making shoes and clothes for Western brands have blocked roads and briefly scuffled with police in Cambodia.                                    

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Mary Barra, A Child Of GM, Prepares To Lead It

December 27, 2013 9:31 am | by Dee-Ann Durbin and Tom Krisher, AP Auto Write | News | Comments

In 33 years at GM, Barra has worked in engineering, communications and human resources. She's gained in-depth knowledge of a company whose complexity contributed to its losing ground to rivals and, four years ago, a trip through bankruptcy court. In each stop, Barra analyzed the situation and simplified things. For instance, she streamlined designs by using the same parts in many different models.

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Eastern Ill. Employee Shoots Boss, Kills Self

December 27, 2013 9:28 am | by The Associated Press | News | Comments

A longtime eastern Illinois chemical plant employee shot his company's CEO during a performance evaluation, before committing suicide when he turned a handgun on himself.                       

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Beechcraft To Be Bought By Cessna Parent Company

December 27, 2013 9:27 am | by The Associated Press | News | Comments

Cessna Aircraft parent company Textron Inc. said Thursday it will buy Beechcraft Corp. for approximately $1.4 billion, a deal that would combine two mainstays of Wichita's general aviation industry.               

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BlackBerry Co-founder Trims Stake After Huge Loss

December 26, 2013 9:50 am | by The Associated Press | News | Comments

BlackBerry co-founder Michael Lazaridis has trimmed his stake in the troubled smartphone pioneer to just below 5 percent after selling 3.5 million shares during the past two days.  The sales disclosed in a Tuesday regulatory filing came after BlackBerry Ltd. announced a third-quarter loss of $4.4 billion last week.

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Rifle Designer Mikhail Kalashnikov Dead At 94

December 26, 2013 9:39 am | by Jim Heintz, Associated Press | News | Comments

Kalashnikov once aspired to design farm equipment. But even though his most famous invention — the AK-47 assault rifle — sowed havoc instead of crops, he often said he felt personally untroubled by his contribution to bloodshed. "I sleep well. It's the politicians who are to blame for failing to come to an agreement and resorting to violence," he said in 2007.

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