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Study: Safety Inspections Don't Hurt Profits

May 18, 2012 | by Sam Hananel, Associated Press | Comments

While businesses bemoan the cost of regulations, a new study suggests that government enforcement of workplace health and safety rules can save lives without sapping a company's bottom line.

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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

GM Says Super Bowl Ads Too Expensive

May 21, 2012 2:27 pm | by Tom Krisher, AP Auto Writer | Comments

For the Detroit automaker, the price isn't right when it comes to an ad during next year's Super Bowl.

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Eaton Buying Cooper Industries In $11.46B Deal

May 21, 2012 2:24 pm | by The Associated Press | Comments

Diversified manufacturer Eaton Corp. is buying Irish electrical equipment supplier Cooper Industries PLC in a cash-and-stock deal valued at about $11.46 billion.

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India Shines As New Star In Solar Power Market

May 21, 2012 2:23 pm | by The Associated Press | Comments

With the global solar power market saddled with oversupply from Chinese makers while demand shrinks in Europe amid the region's debt crisis, eyes have turned to India as one of the fastest growing new markets.

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DEP To Detail Mercury Cleanup At Ex-PA Plant

May 21, 2012 2:20 pm | by The Associated Press | Comments

The Pennsylvania DEP will hold a public hearing to detail the steps the agency has taken to clean up liquid mercury found at the former industrial plant site.

RG Steel Eyeing Asset Sales, Spokeswoman Confirms

May 21, 2012 2:17 pm | by The Associated Press | Comments

RG Steel spokeswoman Bette Kovach confirmed reports that potential buyers have expressed interest in acquiring company facilities and all options are on the table.

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Mitsubishi Electric President Apologizes For Scandal

May 21, 2012 2:15 pm | by The Associated Press | Comments

Yamanishi apologized for a bill-padding scandal in which the company overcharged for space-related projects ordered by the Defense Ministry and other institutions.

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MA Senate Passes Auto 'Right-To-Repair' Bill

May 21, 2012 10:18 am | by Shannon Young, Associated Press | Comments

Lawmakers are debating if car manufacturers should be required to provide software needed to diagnose car trouble to independent repair shops and vehicle owners.

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Fire Risk Prompts Recall Of Nearly 87,000 Jeeps

May 21, 2012 10:16 am | by The Associated Press | Comments

Debris can get caught between a plate that protects the transmission and the catalytic converter, causing a fire.

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Google Gets China OK For Motorola Deal

May 21, 2012 10:14 am | by The Associated Press | Comments

Buying Motorola allows Google to expand into manufacturing phones, tablet computers, and other consumer devices for the first time.

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Reports: HP Poised To Cut Up To 30,000 Jobs

May 18, 2012 1:52 pm | by The Associated Press | Comments

Hewlett-Packard is poised to eliminate as many as 30,000 jobs to compensate for dwindling demand for personal computers, according to recent reports.

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$600K OSHA Settlement In Bostik Plant Blast

May 18, 2012 1:50 pm | by The Associated Press | Comments

The Labor Department says it has reached a $600,000 settlement with adhesives manufacturer Bostik Inc., over workplace safety citations related to a March 2011 explosion.

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Nucor To Buy ArcelorMittal Unit For $605M

May 18, 2012 1:48 pm | by The Associated Press | Comments

Steel recycler Nucor Corp. said Friday that it plans to buy a steel distribution unit of ArcelorMittal for $605 million, expanding its reach in the North American construction industry.

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Kodak To Add 40 Jobs At CO Plant

May 18, 2012 1:46 pm | by The Associated Press | Comments

Eastman Kodak is planning to add positions in its coating and finishing operations in CO as part of an operations shutdown at the company's headquarters in NY.

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Toyota To Increase V6 Engine Production In AL

May 18, 2012 1:45 pm | by Toyota | Comments

The approximately $80 million investment will bring total plant investment to more than $700 million. Approximately 125 new jobs will be created, increasing employment nearly 10 percent to 1,150.

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China Rejects U.S. Ruling In Solar Dumping Case

May 18, 2012 10:14 am | by Joe McDonald, AP Business Writer | Comments

China's government rejected a U.S. antidumping ruling against its solar power equipment makers and Chinese manufacturers warned possible higher tariffs might hurt efforts to promote clean energy.

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