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Daily industrial news and top headlines for plant and maintenance managers

Goodyear Paying $16M to Settle Bribery-Related Charges

February 24, 2015 2:54 pm | by The Associated Press | News | Comments

Goodyear will pay about $16 million to settle federal regulators' charges that it failed to prevent persistent bribery in Kenya and Angola aimed at winning tire sales.

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California Lawmakers Consider Soft Drink Warning Label

February 24, 2015 2:42 pm | by Andrew Szal, Digital Reporter, IMPO | News | Comments

A prominent California lawmaker will again seek to place warning labels on soft drinks and other beverages containing added sugar, while industry groups gear up to combat the effort.

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MS Auto Parts Workers in Union Drive Plant Protest

February 24, 2015 2:28 pm | by Jeff Amy, The Associated Press | News | Comments

Workers at an automotive seat factory in Mississippi are protesting what they say are low wages and poor working conditions as they attempt to unionize in what could become a new front for the United Auto Workers in the state.

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JPMorgan Chase's $100M Plan To Turn Detroit Around

February 24, 2015 2:10 pm | by CBS News | Videos | Comments

JPMorgan Chase & Co. CEO Jamie Dimon is trying to move past the mortgage meltdown, as his bank is part of a massive new investment in Detroit. The struggling city emerged from the largest municipal bankruptcy in the nation's history.

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With Looming Regulations, Drones Struggle for Liftoff

February 24, 2015 2:05 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Blogs | Comments

There's been lots of talk about drones lately in anticipation of the Federal Aviation Administration (FAA) releasing regulations on the use of the unmanned aircraft. Until guidelines are clear, everyone is hovering in a holding pattern.

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Report: 19 Oil and Gas Stocks in 'Extreme Danger'

February 24, 2015 1:56 pm | by Andrew Szal, Digital Reporter, IMPO | News | Comments

A report from a Baltimore-based financial network warns of 19 energy stocks in jeopardy of "going belly-up" in the wake of plummeting oil prices.

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Worker Killed at Tennessee Alcoa Plant

February 24, 2015 11:20 am | by Andrew Szal, Digital Reporter, IMPO | News | Comments

An Alcoa employee was killed Monday evening at a plant in eastern Tennessee, according to media reports.

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Yellen Says Fed Still 'Patient' on Rising Rates

February 24, 2015 11:16 am | by Martin Crutsinger, The Associated Press | News | Comments

Federal Reserve Chair Janet Yellen said Tuesday that the U.S. economy is making steady progress, but the Fed remains patient in raising interest rates because too many Americans are still unemployed, wage growth remains sluggish and inflation is too low.

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Manufacturer Joins Firearm Industry's Largest Trade Show

February 24, 2015 10:25 am | by The Associated Press | News | Comments

The owners of a Mitchell, South Dakota business specializing in wood and metal manufacturing said it was an honor to be involved in the firearm industry's largest trade show.

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Cadillac Recalls ATS Cars to Fix Hair-Trigger Sunroof Switch

February 24, 2015 10:16 am | by The Associated Press | News | Comments

General Motors is recalling about 67,000 Cadillac ATS compact sports sedans to fix a problem with the power sunroof controls.

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Siemens to Supply Turbines for Fuel Efficient Plant in Michigan

February 24, 2015 10:03 am | by The Associated Press | News | Comments

Siemens is supplying two gas turbines and one steam turbine for the new Holland Energy Park combined cycle power plant in Holland, Michigan. 

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Will Wal-Mart Pay Raises Move the Needle on Wages?

February 24, 2015 9:28 am | by Andrew Szal, Digital Reporter, IMPO | Blogs | Comments

Last week's announcement that the Bentonville, Arkansas company would spend more than $1 billion to raise pay for 500,000 of its employees – or 40 percent of its U.S. workforce – made serious waves in business and political circles.

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Photo of the Day: Siemens Receives a Distinguished Guest

February 23, 2015 3:12 pm | by Maura Falk, Associate Editor | News | Comments

In today's photo of the day, see who visited the Siemens electronics manufacturing plant in Amberg, Germany.

Honda Resumes Normal Production in Ohio

February 23, 2015 2:41 pm | by USA TODAY | Videos | Comments

Honda says it will temporarily resume normal production at its Ohio plants after six days of shift reductions related to a West Coast port contract dispute. 

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Apple's Electric Car Plans: Should Tesla Worry?

February 23, 2015 2:37 pm | by Bloomberg News | Videos | Comments

Bloomberg's David Welch discusses the reports on Apple's electric vehicle plans with Bloomberg's Cory Johnson.

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Daicel To Build Replacement Parts Amid Takata Recalls

February 23, 2015 2:23 pm | by The Associated Press | News | Comments

Daicel Corp. saidl it will build a second U.S. factory next year, as the Japanese chemical manufacturer expands operations to supply replacement parts for vehicles recalled globally for potentially defective air bags made by Takata Corp. 

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When Operational Performance and Financial Performance Measurement Collide

February 23, 2015 2:17 pm | by Jack Moran | Articles | Comments

This disconnect between the shop floor and the back office has posed numerous problems in the past and continues to generate conflict today.While these debates often focus on costs, the accounting methods used by U.S. manufacturers to actually determine the cost of their products and services receives far less attention.

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Honda To Replace President Following Air Bag Fiasco

February 23, 2015 2:12 pm | by The Associated Press | News | Comments

Honda Motor Co., the Japanese automaker at the center of an air-bag defect scandal, said its president Takanobu Ito will step aside and be replaced by another Honda executive.

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Refinery Strike Expands Again

February 23, 2015 2:08 pm | by Andrew Szal, Digital Reporter, IMPO | News | Comments

A strike by union members at oil refineries continues to expand with some 6,550 workers now off the job at 15 plants or refineries across the country. 

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SCOUT Wireless Monitoring for Compressed Air Systems

February 23, 2015 11:24 am | by Parker Hannifin Corporation | Product Releases | Comments

Parker Hannifin Corporation announces SCOUT Technology, a wireless condition monitoring system which allows end users to remotely monitor their compressed air piping system’s critical functions.

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