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Daily industrial news and top headlines for plant and maintenance managers

Baby Boomers Fueling Wave Of Entrepreneurship

October 11, 2013 1:38 pm | by Matt Sedensky, Associated Press | News | Comments

In a mix of boomer individualism and economic necessity, older Americans have fueled a wave of entrepreneurship. The result is a slew of enterprises such as Crash Boom Bam, the vintage drum company that 64-year-old Glay began running from a spare bedroom in his apartment in 2009.

Dow Chemical Sells Unit For $500M

October 11, 2013 1:37 pm | by AP | News | Comments

The sale includes Dow Chemical's polypropylene catalysts manufacturing plant in Norco, La., and customer contracts, licenses, intellectual property and inventory.               

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Jury Finds BP Negligent In Texas Emissions Event

October 11, 2013 1:36 pm | by AP | News | Comments

Jurors unanimously agreed BP PLC was responsible, but only one wanted to award damages. Most jurors say there wasn't enough evidence to link the pollution to illnesses.              

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China Auto Sales Surge As Japan Brands Rebound

October 11, 2013 1:34 pm | by Joe McDonald, AP Business Writer | News | Comments

Sales of passenger vehicles rose 21.1 percent to 1.6 million vehicles, up from August's 10 percent growth.                         

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Raytheon Wins Navy Contract Worth Up To $1.6B

October 11, 2013 1:33 pm | by AP | News | Comments

The defense contractor, which is based in Waltham, Mass., said that it is designing the radar for the Flight III Arleigh Burke destroyer beginning in 2016.                

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Cuomo: 1,000 Jobs In NY From $1.5B Tech Investment

October 11, 2013 9:12 am | by The Associated Press | News | Comments

Six high-tech companies will invest $1.5 billion in the Mohawk Valley to create more than 1,000 high-tech jobs and help grow a second nanotechnology hub upstate, Gov. Andrew Cuomo said Thursday.          

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Ford Board Meeting Ends With No Word On Mulally

October 11, 2013 9:10 am | by Dee-Ann Durbin, AP Auto Writer | News | Comments

Ford's board of directors has ended a two-day quarterly meeting without issuing a public statement on the future of CEO Alan Mulally.                    

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Jury: Toyota Not Liable For Death Of U.S. Woman

October 11, 2013 9:08 am | by The Associated Press | News | Comments

A verdict clearing Toyota Motor Corp. in the death of a California woman whose 2006 Camry apparently accelerated despite her efforts to stop could bode well for the Japanese automaker as it faces similar cases.       

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Platform Buying Chemical Maker MacDermid For $1.8B

October 11, 2013 9:02 am | News | Comments

A holding company, Platform, says it is buying MacDermid Inc. for $1.8 billion as a means to build a chemicals business.                      

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Chrysler Spends $1.2B To Expand In Mexico

October 11, 2013 9:00 am | by The Associated Press | News | Comments

Chrysler Group says it's investing more than $1.2 billion in two Mexican plants to build commercial vans and engines.                      

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Chemtura Sells Consumer Unit For $315M

October 11, 2013 8:58 am | by The Associated Press | News | Comments

Chemtura said Thursday that it will sell its consumer products business for $315 million and is exploring a sale of its agrochemicals unit as it focuses on chemicals for the transportation, energy and electronics industries.     

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How Lean Manufacturing Boosted Productivity At BMW's Leipzig Plant

October 10, 2013 1:52 pm | by INSEAD | Videos | Comments

Sustainability and moving closer to the customer were two big themes at the 2013 Industrial Excellence Awards conference. Milan Nedeljkovic, plant manager for BMW in Leipzig, discusses why his shop was recognized at the conference.     

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Kauai To Build State's Largest Solar Project

October 10, 2013 1:37 pm | by AP | News | Comments

Solar panels will be installed on 67 acres near the old Koloa Mill that the cooperative is leasing from Grove Farm. Inc. The utility has hired SolarCity to build the system. Construction is expected to be finished next year.        

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Texas Fertilizer Plant Cited For Safety Lapses

October 10, 2013 1:35 pm | by Dina Cappiello, Associated Press | News | Comments

The Texas company that operated a fertilizer plant where a thunderous explosion in April killed 15 people is facing $118,300 in fines for two dozen serious safety violations, including a failure to have an emergency response plan, federal officials said Thursday.

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Toyota Drops Price On Slow-Selling Plug-In Prius

October 10, 2013 1:33 pm | News | Comments

The new pricing makes the plug-in Prius about $4,000 less than a Chevrolet Volt. Ford hasn't released pricing on the 2014 C-Max Energi, a close competitor of the Prius plug-in.             

Auto Recalls On Hold During Gov't Shutdown

October 10, 2013 1:32 pm | by Joan Lowy, Associated Press | News | Comments

Lives and property are at greater risk because auto recalls and investigations of safety defects have been put on hold during the partial government shutdown, safety advocates said.             

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Teva Pharma Plans To Cut 5,000 Employees

October 10, 2013 1:30 pm | by AP | News | Comments

The Israeli company says the cuts amount to a 10 percent global workforce reduction. The drugmaker plans to trim oversized parts of its business while growing its generic and core research and development programs.      

Data Shows China Passing U.S. As Biggest Oil Importer

October 10, 2013 1:25 pm | by Joe McDonald, AP Business Writer | News | Comments

China passed the United States in September as the world's biggest net oil importer, driven by faster economic growth and strong auto sales, according to U.S. government data released this week.          

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Innovation Dares To Be Different

October 10, 2013 11:56 am | by Alan Nicol, Executive Member, AlanNicolSolutions | Blogs | Comments

Real innovation does not represent adding simple upgrades to existing products, or developing products to compete with others. Real innovation is developing something no one else dreamed of.          

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Interface Goes ‘Restorative,’ Turns Pollution Into Carpeting

October 10, 2013 11:38 am | by Joel Hans, Managing Editor, Manufacturing.net | Articles | Comments

While the booming era of “going green” and “sustainability” in manufacturing has come and gone over the last few years, there are still innovative manufacturers that are working hard to reduce their impact on the environment. Interface Inc. has taken those efforts to another level with a program that not only utilizes recycled materials, but also helps impoverished farmers across the globe make a better living.

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