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Daily industrial news and top headlines for plant and maintenance managers

U.S., Toyota To Settle For $1B

March 19, 2014 9:17 am | by Eric Tucker, Associated Press | News | Comments

The U.S. has reached a $1.2 billion settlement with Toyota Motor Corp., concluding a four-year criminal investigation into the Japanese automaker's disclosure of safety problems, according to a person close to the investigation.    

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EU Fines Auto Parts Producers Nearly $1.4B

March 19, 2014 9:15 am | by The Associated Press | News | Comments

The European Union has fined two EU and four Japanese companies a total of nearly 1 billion euros ($1.4 billion) for rigging the market of key components in the car and truck industry at the expense of consumers.       

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Data Shows 2nd Radiation Release At New Mexico Site

March 19, 2014 9:13 am | by The Associated Press | News | Comments

New air sampling data from southeastern New Mexico's troubled nuclear waste dump indicates there has been another small radiation release.                   

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An Inside Look At CAT's Business Ingenuity

March 19, 2014 8:33 am | by Anna Wells, Executive Editor, IMPO | Articles | Comments

In recent years, Caterpillar had incredible performance and growth, the darling of financial analysts. But it wasn’t always so: In the 1980s, some observers wondered whether CAT could survive as it hemorrhaged financial losses.       

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N.J. Mulls Ban On Fracking Waste

March 18, 2014 2:23 pm | by Wayne Parry, Associated Press | News | Comments

A state Senate committee advanced a bill on Monday that would prohibit the treatment, discharge, disposal or storage of any wastewater, solids, sludge or other byproducts resulting from hydraulic fracturing, a technique commonly known as fracking.

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GM Creates New Post For Safety Issues

March 18, 2014 2:20 pm | by Tom Krisher, AP Auto Writer | News | Comments

General Motors has named a 40-year engineer as its new safety chief, placing a single person in charge of recalls and other safety issues as it deals with a huge compact car recall that has damaged the company's reputation.     

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Federal Grand Jury To Investigate Duke Energy Spill

March 18, 2014 2:19 pm | by Michael Biesecker and Mitch Weiss, Associated Press | News | Comments

A federal grand jury was set to convene Tuesday as part of a widening criminal investigation triggered by the massive Duke Energy coal ash spill that coated 70 miles of the Dan River with toxic sludge.        

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CEOs' Optimism On Economy At 2-Year High

March 18, 2014 2:16 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. chief executives have grown more optimistic about economic growth this year, and more of them plan to boost spending and hiring within the next six months.               

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North Dakota Tries To Woo Workers To Fill Empty Jobs

March 18, 2014 2:12 pm | by James MacPherson, Associated Press | News | Comments

The state's unprecedented oil bonanza has made it the economic darling of the nation — boasting a sturdy economy, a state government budget surplus, and its highest population ever.            

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U.S. Consumer Prices Tick Up 0.1 Percent

March 18, 2014 9:32 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Cheaper energy kept U.S. consumer prices in check last month, despite a big rise in the cost of food, the latest sign that inflation is tame.                   

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Breathing Battery Could Power Next-Gen Electric Vehicles

March 18, 2014 9:30 am | by Michael Bernstein, American Chemical Society | News | Comments

The main difference between lithium-ion and lithium-air batteries is that the latter replaces the traditional cathode — a key battery component involved in the flow of electric current — with air. That makes the rechargeable metal-air battery lighter with the potential to pack in more energy than its commercial counterpart.

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Activists Occupy French Nuke Plant

March 18, 2014 9:25 am | by The Associated Press | News | Comments

Police have surrounded a nuclear plant in eastern France after more than 60 Greenpeace activists occupied it Tuesday to protest the nation's reliance on atomic power.              

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Goodyear's Blimp Replacement Takes Flight

March 18, 2014 9:23 am | by The Associated Press | News | Comments

The next generation of the well-known Goodyear blimp has made its first flight, cruising over part of northeast Ohio beneath bright blue skies.                  

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European Car Sales Continue To Grow

March 18, 2014 9:14 am | by The Associated Press | News | Comments

European car sales grew for a sixth consecutive month in February but remained at a low level as the market recovered slowly from the financial crisis.                 

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Baucus Wants 'Level Playing Field' For U.S. Businesses In China

March 18, 2014 9:12 am | by Christopher Bodeen, Associated Press | News | Comments

New U.S. Ambassador to China Max Baucus embraced the increasingly intertwined relationship between the two countries, saying he would push for fair trade while urging Beijing to respect human rights.         

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Unemployment Rates Drop In 43 States In January

March 17, 2014 2:21 pm | by The Associated Press | News | Comments

The Labor Department says the unemployment rate rose in just one state — Iowa — where the rate increased to 4.3 percent from 4.2 percent.                                 

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Making Room For More Lead Time

March 17, 2014 2:18 pm | by Joel Hans, Managing Editor, Manufacturing.net, @Mnet_JoelHans | Articles | Comments

No matter what the end product, there is always pressure to be an industry leader in lead time, and to meet those targets in a safe, reliable, and cost-efficient manner. Reducing lead times can provide manufacturers with a multitude of benefits.

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President Of W.Va. Spill Company Wants To Get Paid

March 17, 2014 2:01 pm | by Jonathan Mattise, Associated Press | News | Comments

The president of the company that spilled chemicals into 300,000 West Virginians' water supply wants to get paid for work during bankruptcy proceedings.                             

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The $1.8M Ferrari Race Car For Amateurs

March 17, 2014 1:47 pm | by CNNMoney | Videos | Comments

Ferrari XX Program allows a few of the most passionate fans to buy a FXX or a 599XX race cars and drive them on race tracks around the world.                                

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Another GM Recall: 1.18M SUVs For Air Bag Issues

March 17, 2014 1:41 pm | by Dee-Ann Durbin, AP Auto Writer | News | Comments

General Motors is recalling more than 1.5 million vehicles, including SUVs, vans, and Cadillacs, for defective air bags and other problems.                                

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