LONDON (AP) — Kraft Foods Inc. on Monday proposed a 10.2 billion pound ($16.7 billion) takeover of Cadbury PLC, but the offer was immediately rejected by the British maker of chocolate, gum and candy. Cadbury shares shot up 41 percent to 803.5 pence at midday on the London Stock Exchange, about the minimum analysts suggested Kraft would have to pay to clinch a deal.
TOKYO (AP) — An appeal of a hybrid or electric car is its super-quiet drive. But worries are growing blind people may be endangered by their silence. The Japanese government has set up a panel with automakers, organizations for the blind and consumers groups to come up with a solution, which could have such vehicles emitting what sounds like engine noise or musical sounds like a cell-phone ring-tone, officials said Tuesday.
WILMINGTON, Del. (AP) — The DuPont Co. is accusing a former employee of trying to steal trade secrets and bring them back to his native China. The lawsuit was filed in late August in the Delaware Court of Chancery. It accuses Hong Meng of breach of contract and misappropriation of trade secrets.
Since 1973, Bio San Laboratories Inc. of Derry, New Hampshire, has marketed nutritional food-based supplements worldwide. Always with a mission to deliver its products as nature intended, Bio San and its production company, Durham Reach Inc., strive to keep their products natural, simple and perfect.
by Anna Wells, Editor, IMPO But if we truly do see innovation as the way forward, then we can’t be trapped under the weight of our fears. Sure, the burden of proof is on the policy, but where will we get if we don’t ever have the courage to get something off the ground?--> As editors in the manufacturing realm, we hear a lot of complaints from readers about government policy.
SATO (Charlotte, NC) has announced that SATO printers currently support the GS1 Composite Symbology — GS1 DataBar. The DataBar makes printing on small, hard-to-mark items like loose produce easy. The system can even provide barcode information, like weight, price, or data codes.
Nilfisk CFM (Malvern, PA) announces the launch of a new micro-site that specifically address the potentially-dangerous issue of combustible dust in the manufacturing industry. The website can be seen at www.explosionproof-vacuum.com . The website utilizes video, fact sheets, application photos, and links to sites like OSHA to provide manufacturers access to pertinent information regarding combustible dust.
LEWCO (Sandusky, OH) is offering a line of conveyors that utilize 24 volt DC technology, including a chain-drive live roller, belt-driven live roller, and a chain conveyor. With the 24 volt DC technology, zero-pressure zoned accumulation conveyors can be constructed without the typical limitations found with most O-ring drive conveyors.
Global Green Cars, Inc. (GGCI) announced today that it will proceed with its plan to build an electric vehicle production facility in the State of Kentucky. Earlier this year, Governor Steven L. Beshear of the State of Kentucky pledged his support for this electric vehicle production facility and on May 28, 2009, the Kentucky Economic Development Finance Authority approved a $15.
Kadant AES (Queensbury, NY) extends its line of cleaning and conditioning products with the release of its Genesis™ modular shower system. The base module includes a single tube shower pipe, along with spray nozzles, but the system can be upgraded with internal stainless steel brushes, oscillation, and a second tube for better performance.
PEMBROKE, N.H. (AP) — The state has secured back pay for workers who suddenly lost their jobs when Precision Technology in Pembroke, N.H., shut its doors last week. Employees had been told to leave the business without warning, and the next morning, many of the company's 130 workers gathered outside, demanding paychecks.
Personal opinions and long-term impact aside, the much ballyhooed CARS program did help some automotive OEMs see significant sales increases during the month of August: Toyota U.S.A. reported August vehicle sales of 225,088 vehicles, up 10.5 percent over one year ago. Passenger cars recorded an all-time, best-ever month with sales of 142,529 units, up 32.
HARTFORD, Conn. (AP) — Connecticut Gov. M. Jodi Rell offered $100 million worth of incentives Thursday to jet engine maker Pratt & Whitney to prevent the possible loss of about 1,000 jobs. The five-year plan includes lifting a cap on tax credits for parent corporation United Technologies Corp.
PITTSBURGH (AP) — Alcoa Inc. said Thursday it had boosted its annual forecast for global aluminum consumption, driven by higher demand from China. The largest U.S. aluminum producer now expects worldwide demand for the lightweight metal to shrink by 5.5 percent rather than 7 percent as forecast in July, when Alcoa reported its third straight quarterly loss.
CLAIRTON, Pa. (AP) — A man has died after an explosion and fire at United States Steel Corp.'s Clairton Coke Works near Pittsburgh that also injured another person. A company spokeswoman confirmed the death in Thursday's explosion, but the company isn't releasing his name. He was a contractor doing maintenance in the plant.
Diagnostic Devices, Inc. (DDI), a maker of blood glucose monitoring systems, recently moved operations from China back to the U.S. and still managed to cut operating costs by roughly 40 percent. How did they do it? Can American manufacturers be competitive with China? Pete Bosak, director of public relations at DDI, sat down with Manufacturing.
CREIGHTON, Pa. (AP) — Emergency dispatchers say two workers who were unaccounted for after oil spilled and caught fire at a plant near Pittsburgh have been found, but one has been injured. Allegheny County dispatchers say the fire at Pitt Penn Oil Co. in East Deer Township was reported about 11:30 a.
CHICAGO (AP) — The Chicago Sun-Times' parent company is closing a suburban printing plant, which is expected to cost 70 jobs. Sun-Times spokeswoman Tammy Chase confirms the Sun-Times Media Group plans to close its Pioneer Press printing plant in Northfield. Pioneer Press publishes dozens of Chicago-area community newspapers owned by the ailing conglomerate.
GRAMERCY, La. (AP) — At a time when aluminum producers are struggling with low prices and excess capacity, the new owners of the Gramercy Alumina plant in St. James Parish are ramping up production to gain market share, company officials said Thursday. "By increasing our production, we're really trying to take advantage of well-positioned assets," said Kyle Lorentzen, chief operating officer of Noranda Aluminum, which acquired full ownership of the 50-year-old alumina plant in Gramercy this week and told some of its 470 employees "if we're not growing, we're dying.
PITTSBURGH (AP) — Airplane maker Boeing says deliveries of its commercial jets slid 22 percent and orders fell 11 percent in August, as airlines cancel or postpone plans to buy new planes. Chicago-based Boeing said Thursday it delivered 28 passenger and cargo jets last month. That's down from 36 during the same month last year, according to figures posted on the company's Web site.