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Daily industrial news and top headlines for plant and maintenance managers

Judge To Hear Suits Alleging GM Cars Lost Value

June 10, 2014 9:18 am | by The Associated Press | News | Comments

Lawsuits alleging that General Motors cars lost value because of ignition switch recalls will be heard in a New York City federal court.                                 

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Auto Industry Tries to Lighten Up

June 9, 2014 2:31 pm | by Dee-Ann Durbin, AP Auto Writer | News | Comments

To meet the U.S. government's goal of nearly doubling average fuel economy to 45 mpg (19 kpl) by 2025, cars need to lose some serious pounds.                                 

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MAPI Economic Forecast: Investment Spending Will Drive Growth

June 9, 2014 2:25 pm | by The Manufacturers Alliance for Productivity and Innovation (MAPI)Manufacturing production continues to outpace overall economic growth and will be led more by investment than by consumer-driven advances over the next 18 months, according to a new report. | News | Comments

The Manufacturers Alliance for Productivity and Innovation (MAPI) Quarterly Economic Forecast predicts that inflation-adjusted gross domestic product will expand 2.5 percent in 2014 and 3.2 percent in 2015. The former is a decrease from 2.8 percent and the latter equal to the 3.2 percent from MAPI’s March 2014 report.

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Report Calls for More Protection for Chemical Workers

June 9, 2014 2:10 pm | by Tom Raum, Associated Press | News | Comments

The U.S. government on Friday vowed to take a stronger role in protecting chemical-industry workers and local residents from accidents and explosions at chemical plants in the aftermath of a deadly April 2013 explosion in Texas.       

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Manufacturing Technology Orders Up

June 9, 2014 2:04 pm | by The Association for Manufacturing Technology | News | Comments

April U.S. manufacturing technology orders totaled $391.53 million according to The Association For Manufacturing Technology (AMT).                                   

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Ford CEO on Company's Comeback, Retirement and GM

June 9, 2014 1:59 pm | by CBS News | Videos | Comments

From deep debt to soaring profits, Ford CEO Alan Mulally discusses the motor company's rise, his plans to step down on July 1 and the GM recall.                               

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Four Reasons You Won’t Retire as Soon as You Think

June 9, 2014 1:49 pm | by Martin Smith, sustainable business professional | Blogs | Comments

The baby boomer generation occupies a major section of the working demographic, and while many are retired or retiring, a surprisingly large cohort will be working well into their later years.                 

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Chinese Exports Rise, Imports Slip

June 9, 2014 1:41 pm | by The Associated Press | News | Comments

China says its export growth accelerated in May but imports dipped in a mixed sign for the world's second-biggest economy.                                      

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GM Recalls 89K Vehicles

June 9, 2014 1:38 pm | by The Associated Press | News | Comments

General Motors is recalling more than 89,000 autos because of air bag defects and other problems.                                            

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Automakers Help Save Detroit's Art Treasures

June 9, 2014 1:35 pm | by Corey Williams, Associated Press | News | Comments

General Motors, Ford and Chrysler are stepping into Detroit's bankruptcy picture by pledging $26 million to help support retiree pensions while keeping the city's art treasures off the auction block.               

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Tyson Wins Bid War for Hillshire

June 9, 2014 9:58 am | by Mae Anderson, AP Business Writer | News | Comments

Meat producer Tyson Foods Inc. has won a bidding war for Hillshire Brands, the maker of Jimmy Dean sausages and Ball Park hot dogs, with a $63 per share offer.                          

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5 Trends Expected at E3

June 9, 2014 9:56 am | by The Associated Press | News | Comments

From online-only titles to virtual reality experiences, about 200 exhibitors will hype their latest software in hopes of becoming The Next Big Thing.                              

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Where Have All the Missing Workers Gone?

June 9, 2014 9:52 am | by Tom Raum, Associated Press | News | Comments

While the overall jobless level has dropped to non-recession levels, the number of working-age people with jobs is barely over 6 in 10, hovering at a level reminiscent of the late 1970s.                   

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Chinese Group Uses App To Shame Polluters

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

A Chinese environmental group launched a smartphone app on Monday that tracks and shames polluting factories, highlighting how the country is making environmental data more available and is welcoming public monitoring of companies that pollute.

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Price Break on Thermal Imagers

June 9, 2014 9:42 am | by FLIR Systems, Inc. | Product Releases | Comments

The FLIR E8 is a compact, rugged, and extremely easy-to-use IR camera that provides a new dimension to thermal inspections and troubleshooting. 

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Hershey Sues Edible Pot Company

June 9, 2014 9:32 am | by Sadie Gurman, Associated Press | News | Comments

The Hershey Co. has sued a Colorado marijuana edibles maker, claiming it makes four pot-infused candies that too closely resemble iconic products of the chocolate maker.                       

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Roll-Royce Opening Luxury Car Showroom in Cambodia

June 9, 2014 9:21 am | by The Associated Press | News | Comments

Fabled luxury car maker Rolls-Royce will soon be marketing its goods in one of the world's poorest countries: Cambodia.                                      

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Survey: Growth To Pick Up, Hiring To Remain Steady

June 9, 2014 9:18 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. economic growth should accelerate in the second quarter and remain healthy for the rest of this year, according to a forecast by a group of U.S. business economists.                       

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CAT Closing 3 Illinois Plants

June 9, 2014 9:07 am | by The Associated Press | News | Comments

Caterpillar Inc. has announced plans to close three production facilities in Illinois and move the work to a plant in Michigan's Upper Peninsula.                              

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Profits Are Up: And So Are Corporate Income Taxes

June 6, 2014 2:00 pm | by PwC US | News | Comments

Average effective tax rates (ETR) over the past three years have continued to edge upward for industrial products and automotive sectors, reflecting a modest rebound in the global business climate that is leading to increased profits at many companies. 

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