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Daily industrial news and top headlines for plant and maintenance managers

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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Powder-Solutions Inc. New Magnetic Mat

January 20, 2015 11:11 am | by Powder-Solutions Inc. | Product Releases | Comments

Powder-Solutions Inc is introducing their new magnetic mat, The MAGNATTACK. 

Photo of the Day: A SpaceX Crash Landing

January 20, 2015 11:01 am | by Maura Falk, Associate Editor | News | Comments

Check out a photo of SpaceX's unsuccessful landing in IMPO's Photo of the Day.                                               

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Skills Gap Predictions for 2015: Rising Wages and More Training

January 20, 2015 10:40 am | by Bridget Bergin, Associate Editor, Manufacturing.Net | Blogs | Comments

The skills gap, or the documented gap between the number of manufacturing jobs available and the number of talented workers available to fill those positions, was undeniably one of the hottest topics in manufacturing in 2014.       

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13 Year Old Builds Braille Printer With Legos, Starts Company

January 20, 2015 10:35 am | by Terence Chea, The Associated Press | News | Comments

The California eighth-grader has launched a company to develop low-cost machines to print Braille, the tactile writing system for the visually impaired. Tech giant Intel Corp. recently invested in his startup, Braigo Labs.        

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Solar Plane Pioneers Lay Out Round-the-World Flight Plan

January 20, 2015 10:17 am | by Adam Schreck, The Associated Press | News | Comments

The team behind a Swiss-made solar-powered aircraft that is attempting to fly around the world said Tuesday the clean-energy plane will stop in India, China and the United States in a historic journey set to begin as early as next month.   

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From Car Lots to City Budgets, Cheap Oil Means Change

January 20, 2015 10:09 am | by Henry Jackson, The Associated Press | News | Comments

In ways large and small, plummeting oil prices are now reverberating through businesses, towns, schools and family budgets, causing confusion and changing plans. With prices having fallen by nearly half in just six months, the potential impact has been sudden and wide ranging.

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Thought Leaders: Making e-Commerce Work for Manufacturers

January 20, 2015 9:27 am | by Anna Wells, Executive Editor | Videos | Comments

Speed, compliance, and spend management are all significant factors in the industrial MRO space. In this video, we’ll speak with Geoff Robertson – Vice President, e-Commerce Strategy and Planning for Grainger – on some of the emerging areas of e-commerce functionality, and the business processes these advancements are designed to address.

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Manufacturing's Winner and Loser of the Week

January 16, 2015 3:03 pm | by Maura Falk, Associate Editor | Blogs | Comments

This week has been full of news from the North American International Auto Show in Detroit, from amazing new cars to some questionable concepts. However, this week’s winners — Ford and Volkswagen — may have stolen the show. On the other end of the stick, oil producers are faced with even more losses as oil prices continue to tumble, earning them the title of ‘Manufacturing's Loser of the Week.’

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