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Daily industrial news and top headlines for plant and maintenance managers
Tentative Deal Between Canadian Auto Workers, GM
March 9, 2009 1:32 pm | by David N. Goodman, Associated Press Writer | CommentsThe deal freezes wages and pensions through September 2012 and for the first time requires workers and retirees to pay health care premiums. Cost-of-living adjustments also are frozen until June 2012.
Award Presented At National Association of Manufacturers (NAM) Event
March 9, 2009 1:31 pm | CommentsAK Steel (NYSE: AKS) said that Representative John Boehner (R-8, OH) received the National Association of Manufacturers (NAM) Award for Manufacturing Legislative Excellence today at an award event hosted by AK Steel at its West Chester, Ohio headquarters.
Ford Workers Approve UAW Contract Changes
March 9, 2009 12:43 pm | by Kimberly S. Johnson, AP Auto Writer | CommentsThe United Auto Workers Union says its members working for Ford Motor Co. have approved contract changes that include freezing wages and cutting other benefits in a move to aimed at helping the automaker remain competitive.
GM Auditors Raise The Specter Of Chapter 11
March 5, 2009 7:10 am | by Tom Krisher, AP Auto Writer | CommentsGeneral Motors Corp.'s auditors have raised "substantial doubt" about the troubled automaker's ability to continue operations, and the company said it may have to seek bankruptcy protection if it can't execute a huge restructuring plan.
Committee: "America Leads In Innovation, But Is Bleeding Opportunities"
March 5, 2009 7:08 am | CommentsToday, Deborah L. Wince-Smith, president of the Council on Competitiveness, called for "focus" on turning energy research and development into real economic value before the Senate Committee on Energy and Natural Resources.
U.S. Steel Shutdown Comes As A Shock
March 4, 2009 8:16 am | by Daniel Nolan | CommentsWorkers said Tuesday night they believed the firm might lay off more workers on top of the 684 laid off since last year, but they didn't foresee an idling of the landmark plant, which U.S. Steel bought when it took over Stelco in 2007, nor the laying off of a further 720 workers.
Low-Profile Puller
March 4, 2009 8:12 am | CommentsIndustrial Pulley Puller offers a new low-profile model to their line of portable hydraulic pullers. Safely remove frozen parts with ease, reduce repair time, and avoid equipment damage
The New Bumper Movement
March 4, 2009 7:51 am | CommentsDoc-Blok International introduces its Dok-Blok®, a bumper made of mining-grade rubber, moves up and down with the trailer on its own suspension, improving standard rubber bumpers that easily damage and tear.
Explosion Proof
March 4, 2009 7:45 am | CommentsAshcroft® Type B700 explosion-proof pressure switches can be specifically configured for harsh pressure media and demanding operating environments. The Type B700 pressure switches are enclosed in a NEMA 7/9–IP66 rated housing, and can be used in Class 1, Division 1&2 and Class 2, Division 1&2 hazardous locations.
ISM Index: Manufacturing Sector Expected To Fall
March 3, 2009 8:19 am | CommentsWall Street economists surveyed by Thomson Reuters expect the index from the Institute for Supply Management, a trade group of purchasing executives, dropped to 33.8 last month from 35.6 in January.
Intel Outsourcing Atom Manufacturing
March 3, 2009 8:11 am | by Jordan Robertson, AP Technology Writer | CommentsIntel has worked extensively with Taiwan Semiconductor Manufacturing Co. on wireless chips and other products. But Santa Clara, Calif.-based Intel said the announcement Monday marks the first time the company has licensed its CPU core to a foundry, which is a plant that make chips for other companies.
GM May Buy Delphi Steering Operations
March 3, 2009 8:08 am | by Tom Krisher, AP Auto Writer | CommentsThe person, who asked not to be identified because a deal had not been announced, said GM would buy back the factory because it makes critical parts for the troubled automaker. A deal could be announced as soon as Tuesday.
Should We Give GM And Chrysler Another Chance?
March 3, 2009 8:01 am | Comments"No matter how much money you throw at the automakers, that won't solve the problem. It will actually make things worse" says Viraf Baliwalla, a consumer advocate for car buyers and founder of Automall Network (www.automallnetwork.com) a professional vehicle buying service. "But there is a less risky solution".
Economy Shrinks At Fastest Pace In 26 Years
February 27, 2009 9:43 am | by Jeannine Aversa, AP Economics Writer | CommentsThe Commerce Department report released Friday showed the economy sinking much faster than the 3.8 percent annualized drop for the October-December quarter first estimated last month. It also was considerably weaker than the 5.4 percent annualized decline economists expected.
Potential For Massive Jobs Expansion
February 27, 2009 9:39 am | CommentsEnvironmental Defense Fund today released a groundbreaking online map that identifies and profiles more than 1,200 companies in key manufacturing states poised to grow their business and create new jobs when Congress passes a cap on global warming pollution.
