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Daily industrial news and top headlines for plant and maintenance managers

Toyota: U.S. Production To Hit 70 Percent In June

May 11, 2011 9:17 am | News | Comments

DETROIT (AP) — Toyota Motor Corp. says North American production will rise to 70 percent of normal in June as the company begins to recover from parts shortages caused by the earthquake in Japan. The company cut production to about 30 percent of normal in May by idling factories for several days or reducing their hours.

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Job Openings Rise To Highest Levels Since Sept. 2008

May 11, 2011 9:06 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

WASHINGTON (AP) — Companies in March advertised the most jobs since the peak of the 2008 financial crisis, a sign that hiring is likely to remain healthy in the months ahead. Job openings rose by 99,000 to 3.1 million in March, the Labor Department said Wednesday. That's the highest level of openings since September 2008 and the second straight monthly increase.

Organic Food, 700 Jobs Coming To South Carolina

May 11, 2011 9:04 am | News | Comments

GREENVILLE, S.C. (AP) — The California-based organic frozen food producer Amy's Kitchen is coming to South Carolina with $63 million for a new plant and 700 jobs over six years, officials announced Wednesday. Gov. Nikki Haley hailed the development as a major economic win for the region and the state as a whole.

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Philip Morris CEO: Quitting Smoking Is Easy

May 11, 2011 8:58 am | by Michael Felberbaum, AP Tobacco Writer | News | Comments

RICHMOND, Virginia (AP) — The head of cigarette maker Philip Morris International Inc. told a cancer nurse Wednesday that while cigarettes are harmful and addictive, it is not that hard to quit smoking. CEO Louis C. Camilleri 's statement was in response to comments at its annual shareholder meeting in New York, in which the seller of Marlboro and other brands overseas spent most of the gathering sparring with members of anti-tobacco and other corporate accountability groups targeting its marketing and regulatory dealings.

J&J Recalls HIV Drug For Musty Odor

May 11, 2011 8:52 am | by Linda A. Johnson, AP Business Writer | News | Comments

TRENTON, N.J. (AP) — Johnson & Johnson is again recalling a prescription drug because of an odd musty odor likely caused by a chemical on shipping pallets. J&J said Wednesday that it's recalling five lots of its HIV medicine Prezista at the wholesale and pharmacy level in five foreign countries: Austria, Canada, Germany, Ireland and the United Kingdom.

GM's 50 Years Of Bumpy Roads

May 11, 2011 7:55 am | Videos | Comments

General Motors was once the highlight of the American industrial complex, but it's been a bumpy road over the last 50 or so years. Between bad management and partial ownership by the U.S. government at the UAW, the company has lost is once-blinding luster. Fortune 's Alex Taylor III helps explain some of the ups and downs of America's largest automaker, how their current CEO is performing, and what the company will look like in 2020.

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Building A Civilization On $10,000

May 11, 2011 7:47 am | Videos | Comments

Marcin Jakubowsi is a Polish-born “technologist” who moved to Missouri to start a farm of his own, and ended up creating a whole new approach to living off the land — for cheap. He found that buying traditional farming equipment was prohibitively expensive for anyone but the biggest of farms, so he designed and build his own equipment.

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How To "Float" A Massive Ship

May 11, 2011 7:16 am | Videos | Comments

Anyone in the marine or ship-building industries is probably familiar with the process of “floating” a ship, but for the rest of us, it's a pretty eye-opening (and nerve-wracking) scene. Just imagine how stressful automaking would be if each car had to undergo a similar process. 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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Making Potato Chips — A Numbers Game

May 11, 2011 7:13 am | Videos | Comments

CNN Money recently took a tour through an environmentally-friendly potato chip plant run by PepsiCo., where they make a wide variety of chips, including Lay's, Ruffles, Doritos, and more. Despite processing 21,500 pounds of potatoes per hour , the plant is still striving to become more sustainable.

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What's With The Contradictory Jobs Numbers?

May 11, 2011 7:09 am | Videos | Comments

The Labor Department released some interesting employment data last week. The economy added 244,000 jobs last month. Private employers shrugged off high gas prices and created 268,000 jobs — the most since February 2006. However, the jobless rate edged upward at the same time. What gives? 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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India's Court Rejects Heftier Charges For Bhopal Disaster

May 11, 2011 5:02 am | by Ravi Nessman, Associated Press | News | Comments

NEW DELHI (AP) — India's Supreme Court rejected an appeal Wednesday to reinstate stronger charges against seven people convicted of negligence in connection with the 1984 toxic gas leak in Bhopal that killed an estimated 15,000 people. The leak at a Union Carbide plant, the world's worst industrial accident, left thousands more with devastating deformities and other health problems.

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Antitrust Regulators Axe Tyson's Sale Of Va. Plant

May 11, 2011 4:55 am | News | Comments

HARRISONBURG, Va. (AP) — Antitrust regulators have filed a lawsuit to undo the sale of a Tyson Foods Inc.plant in Harrisonburg, Va., saying the deal could hurt competition for farmers in the area. In its civil lawsuit, the U.S. Department of Justice claims the sale would reduce the number of poultry processors around Harrisonburg, giving farmers little choice when it came time to sign contracts to grow chickens.

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U.S.-China Talks Lead To No Currency Progress

May 11, 2011 4:49 am | by Martin Crutsinger and Matthew Pennington, Associated Press | News | Comments

WASHINGTON (AP) — Sharp U.S. criticism of China's human rights record overshadowed the results achieved at annual high-level meetings between the world's two largest economies aimed at resolving disputes over trade and foreign policy. After two days of talks, the two sides announced a range of modest agreements aimed at increasing sales opportunities for U.

Chinese Auto Sales Fall For First Time In Two Years

May 11, 2011 4:38 am | by Elaine Kurtenbach, AP Business Writer | News | Comments

SHANGHAI (AP) — Auto sales edged lower in China in April, the first such decline in over two years, as dealers were dealt a double whammy from weakening demand and the spillover from Japan's earthquake disaster. Automakers delivered 1.55 million vehicles to buyers in April, down 0.25 percent from a year earlier, the China Association of Automobile Manufacturers said in a statement seen Wednesday on its website.

Execs Convicted Of Bribing Mexican Officials

May 11, 2011 4:35 am | by Greg Risling, Associated Press | News | Comments

LOS ANGELES (AP) — A California company and two of its executives were convicted Tuesday of conspiracy charges for bribing government officials at Mexico's state-owned utility in exchange for obtaining lucrative contracts. A federal jury found Keith Lindsey, president of Lindsey Manufacturing Co.

Toyota's Profit Tumbles 75 Percent After Earthquake

May 11, 2011 4:28 am | by Yuri Kageyama, AP Business Writer | News | Comments

TOKYO (AP) — Toyota's quarterly profit crumpled more than 75 percent after the March earthquake and tsunami wiped out parts suppliers in northeastern Japan, severely disrupting car production. The maker of the popular Prius hybrid gave no forecast for the current fiscal year through March 2012, citing an uncertain outlook because production continues to be hampered by shortages of parts.

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Dean Foods Sees 1Q Profits Tumble

May 10, 2011 9:39 am | News | Comments

DALLAS (AP) — The largest U.S. milk producer, Dean Foods Co., said Tuesday that maintaining and raising its prices and expanding to new markets will help it fight falling milk sales and rising costs and meet its brightened earnings forecasts for the rest of the year. Dean Foods, which cut 600 jobs and reduced other costs during the first quarter, said its net income for the period slid 41 percent from a year earlier.

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Warehouse Stock, Sales Rise For 15th Straight Month

May 10, 2011 9:27 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

WASHINGTON (AP) — Wholesale companies increased their stockpiles for the 15th straight month in March, a sign they expect future sales gains. Supply levels at warehouses rose 1.1 percent in March, the Commerce Department said Tuesday. Sales among wholesalers increased 2.9 percent and have risen in eight of the last nine months.

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Toyota Opens First Pipeline-Fed Hydrogen Fueling Station

May 10, 2011 9:17 am | News | Comments

Torrance, Calif. — Toyota Motor Sales, U.S.A., Inc. (TMS) today celebrated the opening of the first hydrogen fueling station in the U.S. fed directly from an active industrial hydrogen pipeline. The station is a collaborative effort between Toyota, Air Products, Shell, South Coast Air Quality Management District (SCAQMD) and the Department of Energy (DOE).

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GM To Invest $2 Billion, Create 4,000 U.S. Jobs

May 10, 2011 9:02 am | News | Comments

TOLEDO, Ohio — General Motors Co. announced Tuesday it will invest about $2 billion in U.S. assembly and component plants, creating or preserving more than 4,000 jobs at 17 facilities in eight states. "We are doing this because we are confident about demand for our vehicles and the economy," GM Chairman and CEO Dan Akerson said during an event at the 54-year-old Toledo Transmission Plant.

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