IRVINE, Calif. (AP) — Hard drive maker Western Digital Corp. is buying Hitachi Global Storage Technologies for $4.3 billion in cash and stock. Western Digital said Monday that the deal includes $3.5 billion in cash, plus 25 million of its common shares. The stock is valued at $750 million based on the company's Friday closing stock price of $30.
PEORIA, Ill. (AP) — The United Auto Workers says employees of Caterpillar Inc. have approved a new labor agreement. The UAW says a majority of members at Caterpillar approved the new six-year contract in voting Sunday. The union did not provide specific numbers on how members voted. The contract covers about 9,500 hourly production and maintenance workers at Caterpillar facilities in the Illinois cities of Peoria, Aurora, Decatur and Pontiac, and those in York, Pa.
CLEAR BROOK, Va. (AP) — In a house in the Dominican Republic, Erwin Deininger moves a computer mouse. Thousands of miles away in Frederick County, a 4-foot-tall state-of-the-art robot comes to life in a small factory, out of place among the old wood paneling and mechanical pencil sharpeners that adorn the walls and the steel machines that grind and crank on the factory floor.
WEBSTER CITY, Iowa (AP) — The end is rapidly approaching for Electrolux's presence as a major manufacturer in this town. As the scheduled March 31 closing date nears and production lines fall irreversibly still, the cavernous building will gradually fall silent. And, more than 4,000 miles away, corporate leaders in Stockholm, Sweden, will deliver to AB Electrolux stockholders the results of the multinational appliance manufacturer's efforts to pare down expenses and improve a different line: the corporate bottom line.
LORDSTOWN, Ohio (AP) — Work will resume at a General Motors plant in northeast Ohio on Tuesday following last week's shutdown caused by a fire at an auto parts plant in Michigan. Tom Mock of General Motors Co. says shifts will begin at the Lordstown plant near Youngstown after significant progress has been made by Magna International Inc.
BEIJING (AP) — China's imports will rise and its politically volatile trade surplus should shrink this year as Beijing builds up a consumer-based economy to reduce reliance on trade, the commerce minister said Monday. The government's 2011 economic blueprint calls for nurturing self-sustaining growth by promoting consumer spending.
Keller Products, Inc. (Lexington, MA) has developed the TKO-10-DP pump/skimmer specifically for dye penetrant applications, which are used to detect cracks, seams, or porosity in the surfaces of the parts. The system pulls the penetrant from the surface of the tank through a floating inlet valve using an air-operated pump, separates the penetrant from the rinse water with a permanent separator element, and returns water to the rinse tank at a high flow rate.
The True Union Ball Valves — from Spectrom Parts (Grand Terrace, CA) — come in 1/2”, 1”, 1-1/2”, 2”, and 3” sizes, and are constructed of Georg Fisher PVC or CPVC. They have threaded or rocket connections, with the option of EPDM or Viton seals. TUBCs come in standard pipe sizes so they will work with any matching sized and material piping system.
The AbrasiMatic 300 abrasive cutter from Buehler (Lake Bluff, IL) now features the optional X-Bed for increased convenience when sectioning in the x-axis direction. The accompanying digital display tracks x-axis travel, improving precision, consistency, and repeatability in serial (parallel) sectioning applications.
KROHNE, Inc. (Peabody, MA) has developed the OPTISONIC 6400 portable ultrasonic flowmeter for liquids, which measures the flow velocity, the current volumetric flow, and a variety of other diagnostic values. According to the company, the OPTISONIC 6400 is compact and easy to install by attaching the sensor rail to the pipe and plugging in all the cables.
Escaping the sub-zero weather in Wisconsin is enough to make the convention experience worthy of the time, effort, and expense. I arrived in Anaheim and walked off of the plane a sweaty mess covered in jackets, multiple layers, and gloves engineered for the Arctic. The ability to take a mid-winter stroll to the Medical Device & Manufacturing conference and exhibition without fear of frostbite and numbing limbs was refreshing; however, meeting with Julien Penders, program manager of Body Area Networks for imec, was an equally exhilarating experience.
COACHELLA, Calif. (AP) — It's the Mecca everyone wants to make a pilgrimage away from. Complaints of foul odors sickening residents of the California desert community of Mecca have prompted a smog control agency to step up an air monitoring effort on Thursday. The South Coast Air Quality Management District said it has concluded that a waste recycling facility just north of Mecca is the source of the stinky fumes.
WASHINGTON (AP) — Businesses likely ordered more manufactured goods from U.S. factories in January, but much of the gain is expected to come from a sharp rise in volatile aircraft orders. Economists expect factory orders rose 2 percent in January. The new report will be released at 10 a.m. EST Friday.
DETROIT (AP) — General Motors Co. canceled production shifts at assembly plants in Flint, Mich., and Lordstown, Ohio, and made changes at several others because of a fire at an auto parts plant in Michigan that makes interior components for a number of automakers, the company said Thursday.
MILWAUKEE (AP) — A federal judge in Wisconsin has ordered NCR Corp. and Appleton Papers Inc. to pay an estimated $700 million to clean a contaminated river, the latest effort to hold paper makers accountable for toxins in the Green Bay waterway. NCR, based in Atlanta, and Appleton, based in the Wisconsin city of the same name, must share responsibility for cleaning up the most contaminated segment of the Fox River, U.
WASHINGTON (AP) — Employers hired in February at the fastest pace in almost a year and the unemployment rate fell to 8.9 percent — a nearly two-year low. The economy added 192,000 jobs last month, with factories, professional and business services, education and health care among those expanding employment.
BHUBANESHWAR, India (AP) — Indian police detained two people after an angry mob of fired workers burned to death a senior executive of a steel factory, an official said Friday. After learning they were laid off, about a dozen workers attacked a vehicle carrying Radhey Shyam Roy as he was leaving the factory in eastern Orissa state on Thursday, dousing the Jeep with gasoline and setting it on fire, said police Superintendent Ajay Kumar Sarangi.
Today's industrial metal detectors — with better technology and numerous features — now make it possible to consider using them at several stages along a production line, not just near the end before the product is stored or shipped. In fact, metal detectors should be used wherever there is the chance that ferrous or nonferrous metal particles may contaminate a product stream.
More and more companies are becoming aware of the need for a greener supply chain. A recent Material Handling Institute of America survey of material handling and logistics management found that 79 percent of facilities have instituted or are planning to institute sustainability goals for their operations.
Value Focused Supply Management is an approach for creating and implementing long-term strategies for key purchase categories and their suppliers that goes beyond just competitive sourcing. This concept was presented at the 2010 Institute of Supply Management Annual International Supply Management Conference in a major research initiative by CAPS (Center for Advanced Purchasing Studies) Research and A.