SHANGHAI (AP) — China, the world's biggest steel producer, is pushing to replace the benchmark arrangement long used by the industry to price iron ore imports with one giving it a bigger say. China sought price cuts from miners of up to 40 percent this year following two years of increases totaling more than 100 percent.
WINSTON-SALEM, N.C. (AP) — Production at the North Carolina plant that Dell Inc. is closing in Winston-Salem will be moved to Mexico and other countries, according to a federal document. The High Point Enterprise reported Friday that Dell indicated in a Trade Adjustment Assistance Act petition that the work that has been done in Winston-Salem will be given to third-party providers in Mexico and other countries.
CANTON, Ohio (AP) — Timken Co., which makes ball bearings and transmission products, says it has a tentative four-year contract agreement with leaders of a United Steel Workers local that covers 2,300 workers in Canton. The current contract was extended to Oct. 31 to allow time for a ratification vote later this month by members of USW Local 1123, Timken said.
The continued woes at General Electric's big financial unit fueled a big drop in its third-quarter earnings, outweighing signs of improvement in its divisions that make heavy machinery and other industrial equipment, the company said Friday. GE posted a 44-percent decline in profit to $2.4 billion, or 23 cents per share, hurt by much lower earnings at its GE Capital arm, which loans money to businesses ranging from credit cards to shopping centers.
A simple, self-lubricating machine. Now, if it could do something other than lubricate itself, the people at MIT who built it might be on to something. Wouldn't it be great if all our machines took this great care of themselves? Do you have any comments or questions about our Thursday video editions of IMPO Insider ? Or do you have a video you'd like to see featured in a future deployment? Email me at Joel.
We use them. We love them. Good 'ol rubber bands. Perfect for flinging at co-workers, or even just holding a pack of index cards together. Whatever floats your boat. But I bet you've never thought about how the stretchy brown things are made. I, for one, did not know latex came straight from a tree, just like maple syrup.
We all experience the engineering prowess of our car's differential every day when we head off to work, go errands, or, for some, hit the apex just right. But do we really understand how it works? This video, as old as it is, features an excellent step-by-step explanation of how the differential works.
Most children spend countless hours building Lego airplanes that just fall apart after their inaugural flight. These enthusiasts? They built a Lego factory that builds its own airplanes. Beat that. These dedicated Lego builders take no shame in the $12,000 they poured into the project, nor the 2,000 man hours it took to complete.
Take a tour of domestic robots throughout history. Now that we're approaching a time where autonomous, human-interacting, robots will take over the home, how long until industrial robots offer the same type of complex decision-making processes? We've already featured a video on the necessity for industial robots that can interact with humans ( Our Robot Future ), but the question begs to be asked again: why are industrial robots so unfriendly to their human co-workers? Should there be a movement in manufacturing toward robotics that is self-aware, do not harm people, and yet do its task just as efficiently? Via ROCKETBOOM .
Innovation is key to our industry, so here at IMPO we like to showcase ways that individuals and companies are doing something unique with the tools that get used every day to make the products we all know and love, even if they're a little off-beat. The guys from Mana Energy Potions program a KUKA industrial robot to hurl heavy objects like a medieval trebuchet.
Managing storage space is critical in the effort to maximizing your productivity. In most storage facilities, a whopping 60 percent of floor space is wasted on aisles. So how do you add more SKUs to the same amount of square footage? What do you do when you run out of space? The Compact Storage Systems are a solution.
DALLAS (AP) — For 15 years, environmentalists have complained that state regulations have allowed the powerful oil and chemical industries to skirt Clean Air Act standards in Texas, the nation's foremost producer of industrial air pollution. But the Environmental Protection Agency last month scrapped several aspects of the state's air-pollution permitting program, including "flexible" permits that have allowed about 140 plants and refineries to exceed toxic emissions limits in the short term as long as they complied to overall federal averages in the long term.
PITTSBURGH (AP) — A steel industry trade group said the United States exported more steel than it imported in August for the first time in more than 50 years. But another group said that assessment was based on a selective reading of government data. The American Institute for International Steel said late Monday that government data indicated U.
First of all, I’d like to take the opportunity to introduce myself to all of IMPO ’s readers out there. For the last three or so months I’ve been working behind-the-scenes (along with a number of other people) to get the IMPO Insider Daily delivered to your inbox, well, on a daily basis.
SEATTLE (AP) — Executives from some of Washington's largest employers on Tuesday urged Boeing Co. to build a second assembly line for its long-delayed 787 jetliner in the state, entering the fray in an interstate competition for the facility. In a letter to Jim Albaugh, the head of Boeing's commercial aircraft unit, more than two dozen corporate leaders wrote that "we encourage you to locate that line here in Washington, where we have a long track record of demonstrable success together.
MADRID (AP) — Spanish unions met Wednesday with representatives of Magna International Inc. to discuss its new proposal for an Opel plant targeted for job cuts, an official said. As part of its takeover of Opel from General Motors Co., Magna wants to eliminate 1,300 jobs at an Opel plant near Zaragoza in northeast Spain and move one of its two assembly lines to Germany.
WASHINGTON (AP) — Retail sales declined in September by the largest amount this year as car sales plummeted following the end of the government's popular Cash for Clunkers program. But outside of autos, sales were better than expected. The Commerce Department said Wednesday that retail sales dropped 1.
DETROIT (AP) — Ford Motor Co. said Tuesday it will add 4.5 million older-model vehicles to the long list of those recalled because a defective cruise control switch could cause a fire. The latest voluntary action pushes Ford's total recall due to faulty switches to 14.3 million registered vehicles over 10 years, capping the company's largest cumulative recall in history involving a single problem.
In recent years, modern packaging machines have become more intelligent. They are incorporating more decentralized intelligence in order to protect the machine from expensive breakdown situations using error diagnostics and reactions without any detour through the control. With today’s generation of intelligent servo drives, predictive maintenance functionality is now built into the electronics.
I suppose that the hair would be parted on the other side and I’d be wearing a lavender vest rather than a kindergarten blazer featuring an assortment of arts and crafts, but the photo could just as easily come as the result of an evil motherly plot to sabotage my cool factor (pause for guttural laugh), as it did from a few minutes of Photoshop 101.