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Daily industrial news and top headlines for plant and maintenance managers

Report: Wages Up Slightly in Fourth Quarter

January 21, 2015 2:50 pm | by Andrew Szal, Digital Reporter, IMPO | News | Comments

Weekly earnings in the final three months of 2014 increased 1.7 percent compared to the same timeframe in the previous year, according to numbers from the U.S. Bureau of Labor Statistics.                  

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Survey: CEOs Say U.S. More Attractive to Investors Than China

January 21, 2015 2:32 pm | by Pan Pylas, The Associated Press | News | Comments

Amid growing concerns over the global economy, the United States has overtaken China as the No. 1 investment destination among chief executives around the world, a survey found.                     

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Ford Mustang Goes Global With First Shipment to China

January 21, 2015 2:26 pm | by The Associated Press | News | Comments

The Ford Mustang is on its way to China. Ford says its first shipload of around 100 Mustangs has left Portland, Oregon, and is headed to China. Shipments to Europe will begin later this year.                 

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Exploring the Role of a Collaborative Manufacturing Robot

January 21, 2015 2:21 pm | by GE Reports | Articles | Comments

Last week, we published "Friendly Robots: The Future Of Advanced Manufacturing," about the creation of Baxter, the manufacturing robot. Here is a look at the purpose behind Baxter, his role in automating manufacturing, his interaction with humans, and his day-to-day work. 

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The World’s Top Innovative Companies

January 21, 2015 2:02 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Videos | Comments

Doug McIntyre talks about which companies are filing patents for new technology and leading the way in innovation.                                       

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Obama Calls for Additional Regulation, Investment in State of the Union Address

January 21, 2015 1:57 pm | by Andrew Szal, Digital Reporter, IMPO | News | Comments

President Barack Obama called on Congress to enact a slew of new requirements for workers while investing in education and infrastructure during his State of the Union address, declaring, "Middle-class economics works."          

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Google, Fidelity Fuel Elon Musk's SpaceX With $1B Investment

January 21, 2015 10:53 am | by The Associated Press | News | Comments

SpaceX has raised $1 billion from Google and Fidelity in a deal that values the spaceship manufacturer at about $10 billion.                                    

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NAM: President’s Call for Pro-Trade Policies Promising Sign for Manufacturers

January 21, 2015 10:34 am | by Jamie Hennigan, National Association of Manufacturers | News | Comments

Manufacturers have long made the case for Trade Promotion Authority (TPA) and applaud the President’s call for swift action on TPA, which will enable manufacturers of all sizes to better access an $11 trillion global market.       

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Energy Companies Announce Thousands of Layoffs

January 21, 2015 10:24 am | by Andrew Szal, Digital Reporter, IMPO | News | Comments

The continued decline in the prices of crude oil is wreaking havoc in the oilfield services sector, where three industry giants have announced thousands of job cuts in recent days.                    

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Survey Shows Increased Optimism Among Manufacturing Executives

January 21, 2015 10:12 am | by Andrew Szal, Digital Reporter, IMPO | News | Comments

A newly released survey showed top U.S. manufacturing executives were increasingly optimistic about the national economy heading into 2015 — and that many planned to increase their workforces this year.             

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Who Owns the Asset and the Data in APM and Servitization?

January 21, 2015 9:49 am | by Dan Miklovic | Articles | Comments

Using the data from three lathes in your plant to predict reliability is possible, but using the data from thousands of lathes in operation around the world adds a whole other layer of confidence in the prediction. This is the reason so many manufacturing equipment OEMs are beginning to offer reliability services as part of their product offering.

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Global Economy Squeezed by Worsening Slowdown in China

January 21, 2015 9:39 am | by Kelvin Chan, Paul Wiseman, The Associated Press | News | Comments

The global economy, slowed by stagnation in Europe and Japan, is being further hampered by China's decelerating growth.                                     

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Arson Trial Begins For Omaha Manufacturer

January 21, 2015 9:33 am | by The Associated Press | News | Comments

A federal trial has begun for an Omaha businessman accused of paying someone to set fire to his manufacturing plant near Fort Calhoun in eastern Nebraska.                           

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Ford CEO Talks About Data Security

January 20, 2015 3:21 pm | by Maura Falk, Associate Editor | Videos | Comments

As more and more car companies look to autonomous driving and other advanced technologies, questions surrounding data security become extremely important for the privacy and safety of the customer and car companies. Because of this, Mark Fields, Ford CEO, explains how Ford is working to protect its customer and company data. 

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Branson: Virgin Galactic Can Connect World to Web

January 20, 2015 2:51 pm | by Bloomberg News | Videos | Comments

Virgin Group founder Sir Richard Branson discusses Virgin Galactic's plans to help launch satellites in space.                                        

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How To Fill Customer Orders Cheaper, Faster With Lean Continuous Improvement Model

January 20, 2015 2:34 pm | by Curt Schmidgall, Winegard Value Stream Manager | Articles | Comments

The most significant results from implementing the lean continuous manufacturing model come not from discrete changes to certain products or processes, but from incorporating the entire company into the lean continuous model journey.     

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BP Fights Against Billions in Federal Penalties

January 20, 2015 2:18 pm | by Kevin McGill, The Associated Press | News | Comments

Federal lawyers have begun making their case for adding some $13.7 billion in penalties to costs already incurred by BP after the 2010 Gulf oil spill.                             

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Oilfield Services Giant Bolsters Presence in Russia Amid Layoffs

January 20, 2015 2:13 pm | by Andrew Szal, Digital Reporter, IMPO | News | Comments

Just days after announcing job cuts citing uncertainty in the global oil industry, Schlumberger Ltd. announced a deal to purchase a minority stake in one of Russia's leading energy companies.                 

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The State of the Obama Economy

January 20, 2015 2:06 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Blogs | Comments

What can we expect from the President’s State of the Union address tonight? Probably some gloating. With gas now below $2 a gallon in most of the U.S., stocks soaring to record new highs, unemployment down to pre-recession levels, trade deficits shrinking and inflation low, love him or hate him, the Obama administration has helped in turning the economy around.

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Union To Discuss Pillsbury Plant Set to Close

January 20, 2015 1:54 pm | by The Associated Press | News | Comments

The union that represents workers at a Pillsbury plant set for closure expects to meet next month with General Mills officials to discuss the southern Indiana plant's future.                     

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