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Daily industrial news and top headlines for plant and maintenance managers

Lease or Loan Equipment? What You Need to Know to Decide

September 25, 2014 10:03 am | by William G. Sutton, President & CEO, Equipment Leasing and Finance Association | Articles | Comments

When business owners and managers consider acquiring equipment, they often think of their payment option as a “lease versus buy” decision.                                

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Businesses Won't Return BP Spill Payments

September 25, 2014 9:49 am | by Janet McConnaughey, The Associated Press | News | Comments

BP wants its money back — hundreds of millions of dollars of it — but a federal judge said Wednesday that the oil giant must keep its promises to the companies it compensated for losses they blamed on the 2010 Gulf oil spill.       

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Victims of GM Recall Given Two Choices: To Settle or Fight in Court

September 25, 2014 9:44 am | by Tom Krisher and Amy Forliti, The Associated Press | News | Comments

As General Motors begins to compensate the victims of crashes tied to faulty ignition switches, this week more than a dozen families were given a choice: accept a settlement, presumably in the millions of dollars, or fight GM in a potentially lengthy court battle.

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U.S. Durable Goods Fell 18.2 Percent

September 25, 2014 9:32 am | by Martin Crutsinger, The Associated Press | News | Comments

Business orders for long-lasting manufactured goods fell by a record amount in August, dragged lower by a plunge in demand for commercial aircraft.                             

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Applications for U.S. Unemployment Rise to 293K

September 25, 2014 9:26 am | by Christopher Rugaber, The Associated Press | News | Comments

The number of people seeking U.S. unemployment benefits increased last week after falling sharply two weeks ago.                                        

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Explosion at Nevada Plastic Manufacturing Plant

September 25, 2014 9:19 am | by The Associated Press | News | Comments

Authorities say one employee is injured after an explosion at a plastics manufacturing business in Nevada.                                          

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Polyaspartic Top Coat Sealer Floor Coating

September 25, 2014 9:11 am | by L&M Construction Chemicals | Product Releases | Comments

L&M Construction Chemicals has released PERK!, a polyaspartic top coat sealer and floor coating for concrete surfaces. 

India Joins Mars Explorers

September 24, 2014 2:23 pm | by Katy Daigle, The Associated Press | News | Comments

India triumphed in its first interplanetary mission, placing a satellite into orbit around Mars on Wednesday and catapulting the country into an elite club of deep-space explorers.                     

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GreenTech Automotive Completes New Production Plant

September 24, 2014 2:14 pm | by Entertainment Close-Up | News | Comments

GreenTech Automotive (GTA), a U.S.-based automotive manufacturer dedicated to developing and producing energy-efficient vehicles, reported that construction is complete on its new production facility in Tunica, Mississippi.        

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Getting More Entrenched in Your Supply Chain is a Few Clicks Away

September 24, 2014 2:01 pm | by Steve Leavitt | Articles | Comments

If you feel stuck, even just a little bit, you’re probably behind the innovation curve. Good news, this article is for you. Because the secret to getting unstuck — or becoming more entrenched in your supply chain — is only a few clicks away. The secret is information.

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Soda Makers Pledge to Reduce Caloric Intake From Beverages

September 24, 2014 1:47 pm | by Candice Choi, The Associated Press Food Industry Writer | News | Comments

Coke, Pepsi and Dr Pepper said Tuesday they'll work to reduce the calories Americans get from beverages by 20 percent over the next decade by more aggressively marketing smaller sizes, bottled water and diet drinks.          

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Airbus Lifts Aircraft Demand Forecast

September 24, 2014 1:40 pm | by The Associated Press | News | Comments

European jet maker Airbus is raising its long-term forecast for new airplane demand by more than 7 percent, based on expected orders of smaller, more fuel-efficient planes and burgeoning travel in Asia.             

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Plastic Made From Thin Air

September 24, 2014 12:22 pm | by CNN Money | Videos | Comments

Newlight Technologies is turning carbon into plastic and taking on a $373 billion dollar-a-year industry.                                          

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Boeing May Receive $3.2B in 777 Jet Orders

September 24, 2014 12:09 pm | by USA Today | Videos | Comments

Kuwait Airways is reportedly considering buying ten Boeing 777 passenger jets worth about $3.2 billion. The deal would follow Kuwait Airways' agreement in February to buy 25 new jets and lease 12 others from Boeing rival, Airbus.      

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Stealth Destroyer Fires Up Gas Turbine for First Time

September 24, 2014 10:25 am | by The Associated Press | News | Comments

Shipbuilders at Maine's Bath Iron Works have fired up one of the main turbines aboard the future USS Zumwalt, marking a milestone in construction of the stealthy warship.                       

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Free Standing Cranes

September 24, 2014 10:20 am | by Engineered Material Handling (EMH) | Product Releases | Comments

Engineered Material Handling (EMH) recently announced the expansion and extension of its line of NOMAD Free Standing Cranes.   

4 Injured in Gas Processing Plant Explosion

September 24, 2014 10:02 am | by Mead Gruver, The Associated Press | News | Comments

An explosion at a natural gas storage tank injured four maintenance workers on Tuesday in western Wyoming, authorities said.                                    

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L.A. Looks to the Wind for Electricity

September 24, 2014 9:55 am | by Mead Gruver, The Associated Press | News | Comments

The push for clean energy to reduce greenhouse gases has led to multibillion-dollar investments in wind and solar projects, but finding an economical way to store renewable energy that comes and goes like the breeze or the sun has proved challenging.

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Save More, Work Smart: Top 3 Tips for Manufacturers

September 24, 2014 9:45 am | by David Schnitt | Articles | Comments

From managing complex supply chains to executing cost savings improvements, the manufacturing industry needs to keep a keen eye on the efficiency of their processes in order to be successful.                 

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GM Reports China Sales Over 3.1M Vehicles

September 24, 2014 9:36 am | by The Associated Press | News | Comments

General Motors Co. expects its sales in China this year to top 3.1 million vehicles and sees no impact on business from an anti-monopoly probe of the industry, the president of the automaker's China unit said Wednesday.         

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