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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Feds Seek Comments on 'Modified Risk' Tobacco

August 26, 2014 10:52 am | by Michael Felbercaum, AP Tobacco Writer

Federal regulators are seeking public comment on smokeless tobacco maker Swedish Match's request to certify its General-branded pouches of tobacco as less harmful than cigarettes.            

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7 Ways To Manage Inventory With Specialized Delivery Services

August 26, 2014 10:38 am | by Will Bacon

Here's a look at the seven ways manufacturers can partner with suppliers to reduce their inventory and streamline their logistics and market planning for advanced delivery.             

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Missouri Plant Begins $17M Expansion

August 26, 2014 10:26 am | by The Associated Press

A northeast Missouri manufacturing plant that makes components for motor vehicles has begun a $17 million expansion.                       

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Manufacturer Brings 1,200 Jobs to Charlotte

August 26, 2014 10:13 am | by The Associated Press

The Charlotte City Council has approved an incentive package for Sealed Air Corp., which announced last month it's moving its headquarters from New Jersey to North Carolina.              

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Chrysler Casting Plant Celebrates 50 years

August 26, 2014 9:51 am | by Chrysler Group LLC

On August 24, 2014, Etobicoke Casting Plant celebrated its 50th year of producing die cast parts for Chrysler Group LLC.                      

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U.S. Durable Goods Orders at a Record High

August 26, 2014 9:21 am | by The Associated Press

Business orders for long-lasting manufactured goods shot up by the largest amount on record in July but much of the strength came from a huge surge in demand for commercial aircraft. Outside of transportation, orders actually fell.    

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Rocket Explodes During Test Flight

August 25, 2014 2:35 pm | by The Associated Press

An unmanned SpaceX rocket exploded shortly after launch on a test flight at the company's Central Texas development site.                       

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Semiconductor Company Cutting 1,350 Jobs

August 25, 2014 2:22 pm | by Associated Press

Chip supplier Fairchild Semiconductor is eliminating about 1,350 jobs in the U.S. and Asia — about 15 percent of its total workforce — to reduce costs.                  

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Boeing Gets $8.8B Airplane Order

August 25, 2014 2:20 pm | by The Associated Press

Boeing said Monday that BOC Aviation, an aircraft leasing company based in Singapore, is ordering 82 airplanes for a total of $8.8 billion.                                 

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Guilty Plea in California Meat-Recall Case

August 25, 2014 2:16 pm | by The Associated Press

The co-owner of a Northern California slaughterhouse accused of processing cows with cancer while U.S. livestock inspectors took lunch breaks has pleaded guilty to a federal criminal charge.                 

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S&P 500 Trades Above 2,000 Points for First Time

August 25, 2014 2:12 pm | by Alex Veiga, AP Business Writer

U.S. financial markets moved higher in midday trading Monday, edging the Standard & Poor's 500 index past 2,000 points for the first time.                               

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Roche To Buy U.S. Biotech Firm InterMune for $8.3B

August 25, 2014 9:54 am | by The Associated Press

Swiss pharmaceutical company Roche said Sunday it has reached an $8.3 billion deal to buy InterMune Inc., a California-based developer of treatments for lung diseases.                        

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LG Bets on Pricey OLED Technology for TVs

August 25, 2014 9:52 am | by Youkyung Lee, AP Technology Writer

LG Electronics Inc. announced two new giant OLED TVs with ultra-high definition screens Monday, sticking with its strategy of using the exceptionally expensive OLED display technology.                    

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Whisky's Worries Mirror Economic Fears in Scotland

August 25, 2014 9:47 am | by Martin Benedyk and Danica Kirka, Associated Press

Whisky makers and many other businesses are worried about the risks involved in finding themselves overnight in a new country with, among other things, a different currency.                      

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Economists Give Clashing Views as Conference Ends

August 25, 2014 9:37 am | by Matthew Brown, Associated Press

The Federal Reserve's annual conference opened with Chair Janet Yellen suggesting that the U.S. economy, the world's biggest, still needs help in the form of ultra-low rates and that U.S. inflation has yet to become a problem.        

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California Winemakers Cleaning Up After Quake

August 25, 2014 9:29 am | by Ken Sweet and Ellen Knickmeyer, Associated Press

Winemakers in California's storied Napa Valley woke up to thousands of broken bottles and barrels as a result of Sunday's earthquake.                                   

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Dynergy To Spend $6.25B on Power Plant Acquisition

August 22, 2014 11:30 am | by The Associated Press

Dynegy plans to spend more than $6 billion to buy several coal and gas power generation plants from Duke Energy and Energy Capital Partners.                                

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Yellen: Job Market Makes Fed Hesitant on Rate Hikes

August 22, 2014 11:28 am | by Martin Crutsinger, AP Economics Writer

Federal Reserve Chair Janet Yellen said Friday that the Great Recession complicated the Fed's ability to assess the U.S. job market and made it harder to determine when to adjust interest rates.                 

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McDonald's Names New U.S. President, Again

August 22, 2014 11:26 am | by Candace Choi, AP Food Industry Writer

On Friday McDonald's named a new president for its flagship U.S. division, marking the second change in the high-profile spot in less than two years.                              

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2.2M Bean Bag Chairs Recalled After Deaths

August 22, 2014 11:25 am | by The Associated Press

About 2.2 million bean bag chairs are being recalled after two children opened them, crawled inside and suffocated to death.                                      

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