NEW ORLEANS (AP) — V-Vehicle Co., a startup automaker planning to build its vehicle in northeastern Louisiana, will apply again for $321.1 million in government loans, but must come up with another $100 million in private investment and credit to satisfy federal concerns, the acting company head said Tuesday.
Toyota taught us how to build a successful lean production system, and now it’s teaching manufacturers what to do — or what NOT to do — when faced with massive recalls. Manufacturing.net sat down with Ron Atkinson, past president of the American Society for Quality and long-time auto manufacturing expert to discuss what we can learn from Toyota’s problems.
The Positech Corporation (Laurens, IA) has redesigned its ReactionArm industrial manipulator under the Positech brand name. The ReactionArm is a pneumatic torque reaction arm that absorbs shock, torsional forces, and impact forces from power tools — this helps reduce carpal tunnel injury and cumulative trauma disorders.
The Compact Spiral hose from Parker Hannifin Corporation (Wickliffe, OH) offers 5,000 and 6,000 psi performance in a compact design. The hoses are available in a variety of sizes. The inner tube within the hoses allows for ½ the bend radius and a 30 percent smaller O.
SKF (San Diego, CA) offers its Multilog On-Line System WMx, which is a battery-powered, eight-channel monitoring device that communicates acceleration, displacement, temperature, and bearing condition data using industry standard 802.11b/g wireless networking. The WMx automatically uploads data for viewing, alarm evaluation, and analysis to the SKF @ptitude software.
Best Controls (Clearwater, FL) introduces the PC 4000 Controller, which is a dedicated product for pressure control applications using variable frequency drives (VFDs). Typical applications include booster pump controls. Other features include: A 1 to 4 pump configuration with P.
PARIS (AP) — Renault SA and Nissan Motor Co. will unveil a parts-sharing and research alliance with German automaker Daimler AG on Wednesday, officials said. The carmakers will hold a joint news conference in Brussels to present the partnership, which will also see the companies exchange small stakes of around 3 percent, two officials close to Renault told The Associated Press on Tuesday.
NEW YORK (AP) — Metal processor Metals USA Holdings Corp. wants to raise about $200 million in an initial public offering this week. The Fort Lauderdale, Fla., company is being taken public by private equity firm Apollo Management LP, which owns more than 90 percent of the company. After the IPO, Apollo would own more than 60 percent of Metals USA.
ATI Performance Products (Baltimore, MD) has released a full CNC-machined aluminum adapter that replaces the seal you have to remove when repacking wheel bearings. Because the housing can be removed with only your fingertips, the #150006 part helps reduce the otherwise time-consuming task of removing pressed-in wheel bearing seals.
ST. PAUL, Minn. (AP) — Boston Scientific Corp.'s Guidant LLC division pleaded guilty Monday to two federal misdemeanor counts alleging it failed to properly disclose changes made to some implantable heart devices. The deal calls for Guidant to pay more than $296 million, which federal prosecutors called the largest criminal penalty ever assessed against a medical device company.
It started as a modest dream among three friends. Recently, the vision became reality with the opening of Green Planet Farms—a $40 million, 195,000 square-foot soy protein isolate (SPI) manufacturing facility in South Sioux City, Neb. As an ingredient manufacturer, Green Planet Farms’ main focus is to serve organic and non-genetically modified protein isolates to food and beverage producers worldwide.
CONNERSVILLE, Ind. (AP) — Hundreds of people attended information sessions to learn about possible jobs at a startup company planning to build high-tech police cars in eastern Indiana. Carbon Motors is awaiting approval of a $310 million federal loan before it starts hiring potentially 1,500 workers for the Connersville factory.
MONTCOAL, W.Va. (AP) — Rescue teams planned to search again Tuesday for four workers missing in a coalmine where a massive explosion killed 25 in the worst U.S. mining disaster in more than two decades, though officials said the chances were slim that the miners survived, and the search may not be able to start again until evening.
NORTH CHARLESTON, S.C. (AP) — Crews have reached another milestone as they build Boeing Co.'s new South Carolina plant. The Post and Courier of Charleston reports company executives were on hand Monday to watch the first steel beam placed for the plant which will build Boeing's 787 jetliner.
WASHINGTON (AP) — Toyota Motor Corp. faces a maximum penalty of more than $16 million, a record civil penalty against an automaker, for failing to promptly notify the U.S. government about defective gas pedals among its vehicles. Toyota has recalled more than 6 million vehicles in the U.S.
The multi-lane parts feeder from the Arthur G. Russell Company (Bristol, CT) allows for high output within a limited floor space. The patented Vibro-Block electromagnetic vibrator sits at the heart of the multi-lane feeder to deliver a consistent product feed that achieves high output across multiple lanes.
Hermetic Switch, Inc. (Chickasha, OK) has released a new series of liquid level sensors — also known as float sensors — under the PRX+1660 brand. The sensors can be used for level sensing or monitoring of brake fluid, contained water, or oil, among others, and is limited only to the series’ material of construction.
Jenny Products, Inc (Somerset, PA) introduces its J11HGA-30P single-stage, gas-powered compressor. The unit it portable by wheels and includes a 30-gallon air tank and a belt-driven “J” pump, which is a single-stage, four-cylinder pump. The unit delivers 21.
PARMA, Ohio (AP) — A General Motors metal plant in Ohio has been able to stay strong by focusing on making small car parts that customers never see and are cheaper to ship, officials say. GM has spent $60 million installing new equipment and upgrading machines at the Parma Metal Center, which employs about 1,300.
BATON ROUGE, La. (AP) — A Louisiana company is suing city and parish officials to force them to use a road building material it manufactures. Bear Industries Inc. argues that its product, a calcium sulfate blend, would allow the city-parish to build roads more cheaply, saving taxpayers money.