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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Noting Slower Economy, Fed Appears No Closer to a Rate Hike

April 30, 2015 10:57 am | by Martin Crutsinger, The Associated Press

The Federal Reserve downgraded its view of the U.S. economy Wednesday after a winter in which growth nearly froze. The Fed offered no sign that a rate increase might be coming soon.

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New EPA Formula Finds Higher Pollution Emissions from Refinery Flares

April 30, 2015 10:29 am | by Andy Szal, Digital Reporter

The U.S. Environmental Protection Agency says flares at refineries and chemical plants emit far more pollution than regulators previously indicated. 

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BP to Sell Stake in North Sea Pipeline

April 30, 2015 10:24 am | by Andy Szal, Digital Reporter

BP recently announced plans to sell its stake in a large gas pipeline in the North Sea. 

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Record Pollution Fine for McDonald's Supplier in China

April 30, 2015 9:24 am | by The Associated Press

A french fry supplier to the McDonald's restaurant chain in China has been issued Beijing's biggest-ever pollution fine for releasing dirty wastewater, state media reported.

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Applications for Unemployment Aid Plunge to 15-Year Low

April 30, 2015 9:10 am | by Christopher Rugaber, The Associated Press

The number of Americans seeking unemployment aid plummeted to the lowest level in 15 years last week, evidence that employers are laying off few workers despite a sharp slowdown in economic growth.

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Fiat Chrysler Sees Gains in Both North America, Europe

April 29, 2015 4:37 pm | by Colleen Barry, The Associated Press

Higher sales of the Jeep Renegade small SUV and Chrysler 200 midsize sedan in North America along with modest growth in Europe pushed Fiat Chrysler Automobiles NV back to profit in the first quarter, the newly formed carmaker said.

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SC Watchdog Questions Agency, Nonprofit Spending on Wetland

April 29, 2015 4:20 pm | by Susanne Schafer, The Associated Press

State auditors faulted the South Carolina Commerce Department for setting up a nonprofit organization with the South Carolina Coastal Conservation League to disperse $5 million to offset the destruction of wetlands at what is now Boeing's manufacturing site near Charleston.

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Audi Runs on Green Diesel for the First Time

April 29, 2015 4:03 pm | by Megan Crouse, Digital Reporter

German company Sunfire has made diesel fuel out of carbon dioxide, water, and electricity, and successfully tested the synthetic fuel in an Audi A8 on April 21.

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Fiat Chrysler CEO Makes Another Pitch for Auto Mergers

April 29, 2015 3:14 pm | by Colleen Barry, The Associated Press

Fiat Chrysler Automobiles CEO Sergio Marchionne says the auto industry faces grave risks if companies don't start consolidating and share skyrocketing product development. 

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Jeni's To Destroy 265 Tons of Ice Cream After Listeria Found

April 29, 2015 3:02 pm | by The Associated Press

Jeni's Splendid Ice Creams is destroying more than 265 tons of ice cream after listeria was found in the production facility and in products last week.

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Report: Foreign Investors Turning to U.S. Industrial Property

April 29, 2015 2:43 pm | by Andy Szal, Digital Reporter

Foreign investors are increasingly buying up logistical and industrial properties as part of their American real estate holdings, according to a recent report by JLL.

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California Touts Aggressive Plan to Reduce Greenhouse Gases

April 29, 2015 2:13 pm | by The Associated Press

California would aggressively reduce greenhouse gas emissions by 2030 under an ambitious plan announced Wednesday by Gov. Jerry Brown. 

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UAW Reports 55 Percent Membership at VW Plant

April 29, 2015 2:09 pm | by Erik Schelzig, The Associated Press

The United Auto workers union has 816 members at the Volkswagen plant in Tennessee, or about 55 percent of the total blue collar work force, according to the union's latest disclosure with the U.S. Department of Labor. 

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Volkswagen Profit up 19 Percent on Cost-Cutting, Europe Recovery

April 29, 2015 10:15 am | by David McHugh, The Associated Press

German automaker Volkswagen said first-quarter profit rose 19 percent from a year ago as cost-cutting improved profit margins at its namesake brand and as European car sales showed a modest recovery.

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Industrial Mergers Decline at the Outset of 2015

April 29, 2015 10:01 am | by Andy Szal, Digital Reporter

Industrial mergers and acquisitions decreased in the first quarter of this year following a robust 2014, according to research firm Mergermarket.

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Justice Department Seeks Charges Against Lumber Liquidators

April 29, 2015 9:31 am | by Andy Szal, Digital Reporter

Lumber Liquidators said Wednesday that the Justice Department is seeking criminal charges against the Virginia-based company over its imported laminate flooring.

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Tyson Hopes To Rid Chicken of Antibiotics by 2017

April 28, 2015 5:21 pm | by The Associated Press

Tyson Foods says it wants to stop using human antibiotics in its U.S. chicken house by September 2017 and it will explore doing the same in its beef, pork and turkey operations. 

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Report: Manufacturing, Mining Productivity Increased in 2014

April 28, 2015 5:14 pm | by Andy Szal, Digital Reporter

Labor productivity increased in about three-quarters of manufacturing and mining sectors tracked by federal labor officials last year. 

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Ford Engineer Creates Record-Breaking Hot Wheels Track

April 28, 2015 3:02 pm | by Megan Crouse, Digital Reporter

Talk about epic parent-child projects: Ford employee Matt West and his son Blade set up a massive Hot Wheels ramp at Ford’s Research and Innovation Center in Dearborn on the company’s “Take Your Child to Work Day,” breaking a Guinness World Record in the process.

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The Fate of the Export-Import Bank

April 28, 2015 2:35 pm | by Maura Falk, Associate Editor

The charter for the Export-Import bank is nearing its expiration date, but the question remains — will it be renewed?

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