German luxury automaker Daimler AG said Friday it is buying a stake in the passenger car unit of its main Chinese partner to expand its presence in the world's biggest auto market. Daimler said it will pay 640 million euros ($875 million) for 12 percent of BAIC Motor, a unit of Beijing Automotive Industries Corp., with which it manufactures Mercedes Benz cars.
Workers are cranking out precision machine parts at the Komo Manufacturing plant in Lakewood, New Jersey now that the work has returned from China. Skilled manufacturing jobs are returning to the United States, as labor costs rise abroad and quality concerns permeate the market.
Mention it quietly, but there were rare hopeful signs for Europe's struggling economy on Friday. Three pieces of economic news for the 17 European Union countries that use the euro were all slightly better than hoped — in sharp contrast to some of the grim days the eurozone has witnessed over the last three years of its crisis over too much debt.
Chrysler's U.S. sales jumped 16 percent last month as the company reported its best January in five years. The automaker said Friday that it sold nearly 118,000 cars and trucks last month, a sign that last year's momentum in U.S. auto sales is continuing into 2013. Industry analysts are predicting that Americans bought new vehicles at a strong pace last month, a bright spot in the economic recovery.
Two owners of a Bangladesh garment factory where seven workers were killed in a weekend fire were arrested Thursday as police investigated allegations of murder and negligence. Police were questioning Smart Export Garment Ltd. Chairman Sharif Ahmed and Managing Director Zakir Ahmed after a court placed them on a two-day remand.
Daimler Trucks North America warned Thursday that about 1,300 factory jobs could be lost in North Carolina and Oregon, reversing course a year after announcing a rebound in U.S. and overseas commerce was boosting demand for freight-hauling equipment.
China's manufacturing activity expanded in January in a new sign of recovery for the world's second-largest economy but growth was weak, two surveys showed Friday. The government-sanctioned China Federation of Logistics and Purchasing said its purchasing managers' index stood at 50.4 on a 100-point scale on which numbers above 50 indicate an expansion.
Italian heavy-duty vehicles maker Fiat Industrial reported a 20 percent increase in fourth quarter profit Thursday and forecast revenue would increase 5 percent in 2013 as it completes the full merger with its U.S.-based farm and construction equipment maker, CNH.
LES’s Salt Valley plant is unique in the fact it is the first combined cycle generating plant in Nebraska, consisting of three General Electric LM6000 aeroderivative fuel-fired turbines that can burn natural gas or #2 diesel fuel, providing maximum flexibility for Salt Valley. These aeroderivative engines are essentially the same engines that have proven themselves for decades in aircraft such as the Boeing 747 and Airbus A300.
Anyone who watched the Super Bowl last year likely caught a glimpse of Clint Eastwood proclaiming that it was “halftime in America.” The country had been knocked down: The housing bubble had burst and top U.S. automakers – employing thousands of American workers – had sought a government bailout.
Have you ever wondered why manufacturing process improvement programs are introduced with great fanfare, but eventually fade away? A good example is Six Sigma, which is the answer to process variation. It was originally developed by Motorola and then General Electric (GE) and Honeywell adopted it for all of their divisions. Now, GE and Honeywell have backed away from Six Sigma, as have hundreds of other manufacturers.
As manufacturing companies find more and more in the way of technology improvements around material handling, the loading dock has not been ignored. This how-to gives manufacturers some tips on where to begin assessing and addressing risk.
Is your floor surface in need of some TLC? There are a bevy of options, but ultimately, it’s important to remember that there’s money underfoot. When it comes to industrial flooring surfaces, there are many vendors out there who will insist their solution is best. One thing they can all agree on, however, is that an industrial floor is not often just a “set it and forget it” investment.
Industrial inspection cameras have revolutionized the predictive maintenance industry. From the many types of cameras available, thermal imagers are ones that have claimed their place in a manufacturer’s predictive maintenance arsenal. Once an instrument too expensive for the average facility, today’s technology has advanced thermal imagers to the point of necessity.
The right industrial lubricant can help a manufacturer increase equipment reliability, reduce operating costs, and extend machine life. Choosing the correct lubricant is “the most fundamental component of a successful preventive maintenance program,” says Polanek. “Today’s successful companies view preventive maintenance and high-performance lubricants as investments to help ensure long-term success.”
When the bore on the rigid half of a high-torque steel mill coupling was badly galled during a maintenance teardown, the mill put the damaged part in the plant’s bone yard. However, engineers at Kop-Flex® developed a clever solution that saved the customer almost half the cost to replace the $112,000 part, which transmits approximately 10,000,000 pound inches of torque to a roughing stand.
When Martha Paluch returned home to help run the family business her father had started with a partner in 1989, she experienced what might be referred to as “paper shock.” “I came back with expectations of changing times and going greener,” says Paluch, now a 25-year-old operations specialist at Phoenix Manufacturing, where her mother and brother also work.
Pennsylvania is a growing energy leader in the United States, becoming a net exporter of natural gas in 2011. They have seized opportunities the Marcellus Shale boom has provided, and expanded into global leaders in natural gas—and are making the region known for its industrial innovation and talent, truly fueling a new industrial revolution.
If MAPI is right and manufacturing has a quiet year, I'd suggest you think about "pulling a Baldor." Examine everything within reach and think about how you can do it better. Some of the initiatives at Baldor based around safety, quality, production flow, and machinery investments resulted in big gains.
Of all the chemical exposures that can affect the life and performance of electrical cables, oil is one of the most damaging. Used as a coolant and lubricant in many industrial settings, oil can inflict molecular damage on the polymers used for cable insulation and jacketing. If ignored, oil damage to cables can be severe, ultimately resulting in cable failure, downtime, and replacement costs.