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Daily industrial news and top headlines for plant and maintenance managers

Analysis Says $79 Kindle Costs $84 To Make

November 11, 2011 6:25 am | News | Comments

SAN FRANCISCO (AP) — A recent analysis from IHS iSuppli determined that Amazon's $79 Kindle e-reader, which is the online retailer's cheapest Kindle thus far, costs $84.25 to make. In the report, iSuppli said the total cost of materials for the Kindle is $78.59, including $30.50 for the e-reader's 6-inch E-ink display.

Alcoa Offers NC Officials Jobs-For-License Deal

November 11, 2011 6:18 am | News | Comments

RALEIGH, N.C. (AP) — Aluminum maker and energy company Alcoa Inc. said Thursday that it is making a $50 million promise to create hundreds of jobs for residents along the Yadkin River valley in a few years — but only if officials stop fighting a 50-year federal license to keep operating a series of dams that could generate billions of dollars in electricity sales.

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Starbucks Buys Juice Co., Plans Chain Of Health Stores

November 11, 2011 3:58 am | News | Comments

PORTLAND, Ore. (AP) -- Starbucks Corp. hopes to do for juice what it's done for coffee. The Seattle-based company that changed the way Americans drink their cup of Joe said Thursday that it acquired by juice maker Evolution Fresh Inc. for $30 million as part of a larger effort to move beyond just offering coffee.

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Scandal-Hit Olympus May Become Buyout Target

November 11, 2011 3:44 am | News | Comments

TOKYO, Nov. 11 (Kyodo) — Having succeeded in building a strong presence in the medical equipment market, Olympus Corp. now faces the challenge of survival and may become a buyout target as its corporate value is being downgraded after admitting it hid past securities investment losses.

China: ConocoPhillips Oil Spills Due To Negligence

November 11, 2011 3:33 am | News | Comments

BEIJING (AP) — Chinese authorities said Friday that negligence by a ConocoPhillips subsidiary caused recent oil spills in Bohai Bay that have drawn intense criticism from marine authorities and environmentalists. The State Oceanic Administration said in a statement on its website that an investigation found there were shortcomings in ConocoPhillips China's systems and management and that the company failed to take necessary...

Toyota Production In Japan To Return To Normal

November 11, 2011 3:30 am | News | Comments

TOKYO (AP) — Toyota says its vehicle production in Japan will return to near normal levels Nov. 21-25, and no longer be scaled back for supply shortages due to flooding in Thailand. Toyota Motor Corp. said Friday a decision for the following week is unclear. It said earlier this week production at its Thai plant, stopped from Oct.

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CAT To Expand Chinese Mining In $886M Deal

November 11, 2011 3:20 am | News | Comments

HONG KONG (AP) — Caterpillar Inc. said Friday its offer to buy a Chinese maker of mine safety machinery will help it expand in the world's biggest coal-producing country as it modernizes its mines. The proposed deal to buy Hong Kong-based ERA Mining Machinery Ltd. for as much as $886 million would also help Caterpillar expand sales of mining equipment to other countries, said Steve Wunning, who oversees the company's mining...

Gunman Kills 2 At Czech Airplane Plant

November 11, 2011 3:11 am | News | Comments

PRAGUE (AP) -- A gunman opened fire at an airplane plant in the Czech Republic, killing two people Thursday before committing suicide, police said. The shooting occurred inside the Aircraft Industries company in the eastern town of Kunovice, police spokeswoman Jana Bartikova said. Initial information suggested six people were wounded, Bartikova said, but regional rescue service spokesman Petr Olsan said only one woman sustained a head...

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WI Contractor Faces 5 OSHA Violations

November 10, 2011 6:53 am | News | Comments

MANITOWOC, Wis. (AP) — A federal workplace-safety agency has cited a Manitowoc utility contractor for five alleged safety violations. The Occupational Safety and Health Administration says the violations stem from trenching operations conducted by Vinton Construction Co. The citations carry proposed penalties of about $95,000.

Orica Plant Closed Over Chemical Leaks

November 10, 2011 6:51 am | by Kristen Gelineau, Associated Press | News | Comments

SYDNEY (AP) — Australian environment officials ordered Orica Ltd., the world's largest explosives maker, to shut down one of its plants Thursday, a day after the company was charged over a gas leak that exposed a community to a cancer-causing compound. The New South Wales state Environment Protection Agency said the Melbourne-based company's performance at the plant near the coastal city of Newcastle had been unacceptable.

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Airbus A350 Launch Delayed

November 10, 2011 6:49 am | by Greg Keller, AP Business Writer | News | Comments

PARIS (AP) — Airbus parent company EADS NV said Thursday it took a euro200 million ($273 million) charge in its third quarter accounts because of a new delay in the launch of its strategic long-range jet the A350XWB. The European aircraft manufacturer says the A350 lightweight composite jet will enter service during the first half of 2014, up to six months after it was previously expected to begin carrying passengers.

Crystal Sugar Workers Press For Jobless Benefits

November 10, 2011 6:47 am | News | Comments

BISMARCK, N.D. (AP) — More than 100 American Crystal Sugar Co. workers and their supporters rallied at the North Dakota Capitol on Monday. They want the North Dakota Legislature to allow the workers to be paid unemployment benefits. The Minnesota company locked out about 1,300 union-represented employees Aug.

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Thailand To Help Companies As Floods Spread

November 10, 2011 6:45 am | by Grant Peck, Associated Press | News | Comments

BANGKOK (AP) — Thailand on Thursday offered more help to businesses affected by a national flood crisis as the waters spread deeper into Bangkok and risked cutting off a major highway. The flooding since late July has killed 533 people and caused billions of dollars in damage, closing hundreds of inundated factories north of the capital.

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Unemployment Aid, Trade Gap Hit Lows

November 10, 2011 6:43 am | by Derek Kravitz, Martin Crutsinger, AP Economics Writers | News | Comments

WASHINGTON (AP) — The outlook for American jobs and trade looked a little brighter Thursday, despite growing uncertainty overseas. The number of people who applied for unemployment benefits last week fell to a seasonally adjusted 390,000, the Labor Department said Thursday. That's the fewest since April.

The Fate Of The Jobless Generation

November 10, 2011 5:45 am | Videos | Comments

Youth unemployment in the United States is unbelievably high. Unfortunately, it's even worse in Europe. Will the workforce of the future be able to recover anytime soon? What can be done? If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.

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Redfish Instruments’ New Apple Enabled Multimeter

November 10, 2011 5:42 am | by 3D System | Articles | Comments

Redfish Instruments’ new iDVM device is the world’s first Apple iPhone, iPad, and iPod-touch enabled digital multimeter, which wirelessly transmits voltage, current, and resistance measurements back to the user. Control of the iDVM is handled remotely by a free, downloadable application that resides on the mobile device.

The Benefits Of LED Lighting

November 10, 2011 5:14 am | Articles | Comments

Spanish manufacturing company Martisa is based in Barcelona where it produces metal parts for the automotive industry. The Lighting Challenge With the metal processing machinery pumping so much energy, the 32x400W high pressure sodium (HPS) lights in the 1288 sqm Martisa facility were subject to frequent dimming and flickering, so the management was looking for a more robust lighting solution.

VariDrill

November 10, 2011 4:49 am | Product Releases | Comments

The VariDrill from WIDIA (Latrobe, PA) is a new multi-application drill engineered  to deliver acceptable hole finish and extended tool life  across a wide range of materials. VariDrill features an advanced point geometry and “marginless” design that reduces chipping on the tool’s edge and stabilizes cutting forces.

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Updated Grommet Hand Press

November 10, 2011 4:45 am | Product Releases | Comments

An updated grommet hand press for manufacturing awnings, banners, displays, signs, and related products is being introduced by METALgrommets.com (Raynham, MA). The ClipsShop CSTEP-2 Hand Press from METALgrommets.com is a grommet hand press for small manufacturers and contract manufacturers designed to rapidly attach self-piercing solid brass metal grommets.

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New AkroDrawers

November 10, 2011 4:45 am | Product Releases | Comments

Akro-Mils (Akron, OH) has introduced four new drawer sizes, plus accessories and packages, for its AkroDrawers family of products. Available in 12-, 18-, and 24-inch lengths, AkroDrawers keep supplies and parts secure, dust-free, and organized. The AkroDrawers line features nine sizes and five colors: red, yellow, gray, blue, and clear.

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