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Daily industrial news and top headlines for plant and maintenance managers

After a Solid Run of Advances, Manufacturing Takes a Slight Step Back

October 17, 2014 9:35 am | by MAPI Foundation | News | Comments

A nearly two-year upward trend experienced a hiccup according to the quarterly MAPI Foundation Business Outlook, a survey conducted by the MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity and Innovation.

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Where Have the Maintenance and Reliability Professionals Gone?

October 17, 2014 9:15 am | by Maura Falk, Associate Editor | Articles | Comments

Without maintenance and reliability professionals, a manufacturer risks asset reliability deterioration, increased maintenance costs, and lost time. To avoid this, something must be done to counteract the shortage of maintenance professionals entering the workforce.

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Can System Integration Improve Your Triple Bottom Line?

October 16, 2014 1:01 pm | by Mark Adair | Articles | Comments

The triple bottom line is a term that was coined in the 90’s. In a nutshell, there are three accounts to the triple bottom line (TBL) — People, Planet and Profit. The conventional wisdom is that a combination of these three components leads to a successful company that retains employees, partners and clients.

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Falling Oil Prices Shake Up Global Economies

October 16, 2014 12:29 pm | by Jonathan Fahey, The Associated Press | News | Comments

A sudden plunge in the price of oil is sending economic and political shock waves around the world.                                           

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Audi's Driverless Car: Taking It Out for a Race

October 16, 2014 12:23 pm | by Bloomberg News | Videos | Comments

German car-maker Audi takes us for a spin in a driverless concept car version of their RS7. International Correspondent Hans Nichols even got to race it.                           

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AbbVie Sours on Shire Deal After Tax Changes

October 16, 2014 11:59 am | by The Associated Press | News | Comments

AbbVie's board is telling shareholders to vote against its own $55 billion takeover bid for the Irish drugmaker Shire after the U.S. made reincorporating overseas a less lucrative tax maneuver.                 

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AAM: It's Time for Action on China's Exchange Rate

October 16, 2014 11:23 am | by The Alliance for American Manufacturing | News | Comments

The Alliance for American Manufacturing address their concerns with the Exchange Rate Policies released by the Treasury and currency manipulation this week.                                   

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Chrysler Recalling 907K Vehicles

October 16, 2014 11:08 am | News | Comments

Nearly 907,000 Chrysler, Dodge and Jeep SUVs and cars are being recalled for alternators that can fail and heated power mirror wiring that can short and cause minor fires.                       

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U.S. Factory Output Rises in September

October 16, 2014 11:03 am | by Josh Boak, The Associated Press | News | Comments

U.S. manufacturing output rose in September, led by gains for aerospace products, furniture, clothing and plastics.                                       

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Lobster Tool Line of Riveters

October 16, 2014 10:12 am | by Vega Tool Corporation | Product Releases | Comments

Vega Tool Corporation is pleased to introduce the Lobster Tool line of riveters to their product offering.   

Applications for U.S. Unemployment Benefits at 14 Year Low

October 16, 2014 9:49 am | by Christopher S. Rugaber, The Associated Press | News | Comments

The number of people seeking U.S. unemployment aid dropped to the lowest level in 14 years last week, the latest signal that companies are cutting fewer workers and hiring could remain healthy.                 

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Senators Question Regional Car Recalls

October 16, 2014 9:41 am | by Tom Krisher, The Associated Press | News | Comments

Two U.S. senators are questioning why the nation's auto safety regulators are letting car companies recall vehicles only in limited regions when a safety problem could happen anywhere.                   

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Nike, Converse Chuck a Lawsuit at 31 Companies

October 16, 2014 9:10 am | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Blogs | Comments

Nike is suing 31 companies over trademark infringements related to its Converse Chuck Taylor shoes. Copycats of the iconic shoes that debuted in 1917 have been on the market for decades and Nike has owned the company since 2003, so what leaves me scratching my head is — what took so long to file the lawsuit?

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Airbus Receives Its Largest Aircraft Order to Date

October 15, 2014 5:12 pm | by The Associated Press | News | Comments

Indian budget airline IndiGo has signed a preliminary order with Airbus for 250 A320neo Family aircraft.                                         

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Toyota Recalls Older Lexus Model in U.S. for Fuel Leaks

October 15, 2014 5:03 pm | by The Associated Press | News | Comments

Toyota is recalling about 423,000 older-model Lexus luxury cars in the U.S. because a gasket can leak fuel and possibly cause a fire.                                 

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The Generational Divide

October 15, 2014 4:56 pm | by Anna Wells, Executive Editor | Articles | Comments

How do the youngest crop of workers – who continue to enter the industry as we speak – best learn from their more seasoned counterparts? How do these two groups use the same tools to drive results when one grew up with the internet and the other has spent 30 years keeping measurements in a notebook in their back pocket?

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Converse is Putting Its Foot Down

October 15, 2014 4:48 pm | by CNN Money | Videos | Comments

The maker of the iconic "All Star" sneakers is suing 31 retailers and manufacturers, including Wal-Mart and H&M, for selling copycat shoes. It wants them to pay compensation for trademark infringement and unfair competition.       

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Test Driving The $34K Electric Superbike

October 15, 2014 3:23 pm | by Bloomberg News | Videos | Comments

Tesla has built a well-known brand of high-end electric automobiles, but when it comes to electric motorcycles, no company has reached Tesla's status. Energica, an Italian company, is looking to lead the charge.           

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U.S. Business Stockpiles Up in August

October 15, 2014 2:08 pm | by Martin Crutsinger, The Associated Press | News | Comments

U.S. businesses increased their stockpiles in August by the smallest amount in more than a year, while sales fell by the largest amount since January. The data suggest that the economy is still having trouble gaining momentum.       

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Brazilian Pair Raises Bid for Chiquita

October 15, 2014 1:02 pm | by The Associated Press | News | Comments

Two Brazilian companies are raising their bid for banana company Chiquita to approximately $658 million.                                         

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