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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

China: Mercedes Guilty of Price Abuses

August 18, 2014 10:02 am | by Joe McDonald, AP Business Writer

China's government said Monday it has concluded Mercedes-Benz violated anti-monopoly law and charged excessive prices for parts, adding to a growing number of global automakers snared in an investigation of the industry.               

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Land Owners Join Child Cancer Cluster Suit Against Whirlpool Corp.

August 18, 2014 9:59 am | by The Associated Press

The owners of polluted land in northern Ohio are joining a civil lawsuit filed by families whose children have been among dozens sickened in a cancer cluster.                           

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Emerging Solar Plants Scorch Birds in Mid-air

August 18, 2014 9:52 am | by Ellen Knickmeyer and John Locher, Associated Press

Workers at a state-of-the-art solar plant in the Mojave Desert have a name for birds that fly through the plant's concentrated sun rays — "streamers," for the smoke plume that comes from birds that ignite in midair.          

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Ingersoll-Rand To Buy Cameron Unit for $850M

August 18, 2014 9:39 am | by The Associated Press

Ingersoll-Rand PLC said Monday that it has agreed to buy the centrifugal compression business from Cameron International Corp. for $850 million, as it looks to grow its compression business.                  

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'62 Ferrari Sold at Auction for $34M

August 18, 2014 9:36 am | by The Associated Press

Thursday's sale at an auction in California during Monterey Car Week is believed to be a record public auction price for a classic car, topping the nearly $30 million paid for a Mercedes W196 last year in England.           

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Michigan Recovery Among Top in Nation

August 18, 2014 9:29 am | by Michigan Economic Development Corporation

An expansive survey of economic activity across the U.S. offers an endorsement of the strength of the Michigan recovery and a boost for the promising prospects for the state’s continual business growth.                

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Mattress Maker Bringing 300 Jobs to Indiana

August 15, 2014 1:50 pm | by The Associated Press

State officials say mattress maker Tempur Sealy International Inc. will locate a new manufacturing plant and distribution facility near Plainfield, creating up to 300 new jobs by 2015.                    

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Atlas Copco Celebrates 30th Anniversary of Atlascopcosaurus

August 15, 2014 1:33 pm

It’s not clear how the unnamed dinosaur died 100-120 million years ago, but it’s been only 30 since he finally encountered a predator he couldn’t outrun: Atlas Copco equipment.                     

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Why Global Turmoil Hasn't Sunk U.S. Markets. Yet.

August 15, 2014 1:26 pm | by Josh Boak and Bernard Condon, AP Business Writers

Here's a look at the strengths and weaknesses of the U.S economy and others, and why the calm in markets may or may not last.                                       

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Walmart, The U.S. Conference of Mayors Award $4M To Spark Innovation in American Manufacturing

August 15, 2014 1:13 pm

Walmart, the Walmart Foundation, and the U.S. Conference of Mayors (USCM), kicked off a new chapter in the modern American manufacturing story today as the global retailer announced the first grant recipients of the Walmart U.S. Manufacturing Innovation Fund.

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84 MPG Car Gets Closer to Production

August 15, 2014 1:11 pm | by Dee-ann Durbin, AP Auto Writer

Elio Motors wants to revolutionize U.S. roads with its tiny car, which is the same length as a Honda Fit but half the weight. With a starting price of $6,800, it's also less than half the cost.                 

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Factory Output Surges in July

August 15, 2014 9:55 am | by Josh Boak, AP Economics Writer

U.S. factory output rose for the sixth consecutive month in July, led by a jump in the production of motor vehicles, furniture, textiles and metals.                              

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Ex-peanut Plant Head Says He Lied About Salmonella

August 15, 2014 9:49 am | by Kate Brumback, Associated Press

A former manager of a south Georgia peanut processing plant blamed for a deadly salmonella outbreak lied to federal investigators to protect the company he worked for but decided to come clean after realizing how many people had been sickened, he testified Thursday.

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Ford Recalls More Than 83,000 Cars and SUVs

August 15, 2014 9:44 am | by The Associated Press

Ford is recalling 83,250 vehicles because a faulty part could cause them to lose power or roll away if they're parked.                                      

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Chiquita Rejects New $611M Takeover Bid

August 15, 2014 9:42 am | by The Associated Press

Banana distributor Chiquita Brands says it is rejecting the $611 million buyout offer from investment firm Safra Group and the Brazilian agribusiness and juice company Cutrale Group.                     

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Deere Announces Factory Layoffs

August 15, 2014 9:39 am | by Deere & Company

The action will place more than 600 employees at four locations on indefinite layoff. In addition, Deere is implementing seasonal and inventory adjustment shutdowns and temporary layoffs at several of the affected factories.          

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Ebola Puts Focus on Drugs Made in Tobacco Plants

August 15, 2014 9:35 am | by Malcom Ritter, AP Science Writer

It's an eye-catching angle in the story of an experimental treatment for Ebola: The drug comes from tobacco plants that were turned into living pharmaceutical factories.                         

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GE In Talks To Sell Historic Appliance Division

August 14, 2014 2:22 pm | by The Associated Press

General Electric confirmed that it is considering the sale of its historic appliance division as part of its effort to focus on selling more complex and more profitable industrial equipment.                 

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Briggs & Stratton Buying Maker of Light Towers

August 14, 2014 2:05 pm | by The Associated Press

Engine maker Briggs & Stratton Corp. is acquiring a Nebraska company that makes towable light towers, industrial heaters and solar-powered arrow boards.                            

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Cash for Carp: Illinois Company Tests Market

August 14, 2014 1:51 pm | by Jim Suhr, Associated Press

This company is the latest to venture into the small but growing business of carp-rendering, and their experiment offers another test of whether private enterprise can help reduce invasive species by turning them into food.        

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