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Daily industrial news and top headlines for plant and maintenance managers

KY Garment Workers Could Lose Jobs To Prisoners

February 17, 2012 10:32 am | by Roger Alford, Associated Press

A clothing manufacturer went public Thursday with worries that a Kentucky factory could be forced to close, idling about 100 employees, because the federal government is considering letting prisoners do the work.


GM Europe In Talks To Fix Loss-Making Opel

February 17, 2012 10:30 am | by David McHugh, Associated Press

The head of General Motors Europe says the company is in talks with unions and employee representatives on ways to cut costs and return the company's Opel and Vauxhall brands to profitability.


Nestle Sales Up But Tough Year Expected

February 17, 2012 10:28 am | by John Heilrping, Associated Press

Nestle SA, the world's biggest food and drinks maker, managed to brush aside the impact of a soaring Swiss franc to post strong growth and bigger-than expected profits in 2011 with brisk sales in developing countries.


GM Records Its Highest Profit Ever: $7.6B

February 16, 2012 2:29 pm | by Tom Krisher, AP Auto Writers

General Motors earned its biggest profit ever in 2011, but signs are emerging that its momentum could slow.


Nevada Approves Self-Driving Car Regulations

February 16, 2012 2:27 pm | by The Associated Press

Nevada is becoming the first state to regulate self-driving vehicles on its roadways.


Manufacturers Providing Outsize Boost To Economy

February 16, 2012 2:25 pm | by Christopher S. Rugaber, AP Economics Writer

Manufacturers have been hiring more consistently than other employers, for jobs with better-than-average pay. And more factory output has raised demand in some other industries, such as shipping, leading to further hiring.


Dow To Clean Dioxin-Tainted Properties

February 16, 2012 2:21 pm | by John Flesher, AP Environmental Writer

Michigan environmental regulators said Thursday that they reached a long-sought deal with Dow Chemical Co. to clean up to 1,400 residential properties in Midland, home of its corporate headquarters and a plant that polluted the area with dioxin for much of the past century.


Why The Big Talk About Small Business Is Wrong

February 16, 2012 2:18 pm | by Bernard Condon, Matthew Craft, AP Business Writers

If there's one thing Republicans and Democrats agree on, it's that small business is the answer to what ails the economy.


Former Olympus Chairman Arrested

February 16, 2012 2:15 pm | by Yuri Kageyama, AP Business Writer

Olympus Corp.'s former chairman, suspected of orchestrating a massive cover-up of losses at the Japanese camera and medical equipment maker, has been arrested, media reports said Thursday.


U.S. Businesses See Weaker Outlook In China

February 15, 2012 2:21 pm | by Elaine Kurtenbach, AP Business Writer

American businesses are finding their prospects in China clouded by surging costs, intense competition, and regulatory interference, despite the country's crucial importance for their survival, according to a report released Wednesday.


Survey: Lexus Most Dependable

February 15, 2012 2:18 pm | by Dee-Ann Durbin, AP Auto Writer

Lexus is the top performer in a survey of vehicle dependability released Wednesday, but most other brands also showed improvement in an industry that has reached historically high dependability levels.


Cisco Challenges Microsoft, Skype Merger

February 15, 2012 2:15 pm | by Gabriele Steinhauser, AP Business Writer

Networking company Cisco said Wednesday it is challenging Microsoft's $8.5 billion takeover of Skype at the European Union's top court to ensure Microsoft won't block other video conferencing services.


FCC Plans To Nix National Wireless Network

February 15, 2012 2:13 pm | by Anick Jesdanun, AP Technology Writer

Federal officials plan to kill a proposal to build a new national high-speed wireless network after concluding it would in some cases jam personal-navigation and other GPS devices.


Deere Says 1Q Profit Up On Strong Sales

February 15, 2012 2:11 pm | by Josh Funk, AP Business Writer

The world's largest maker of agricultural equipment posted first-quarter earnings of $532.9 million, or $1.30 per share in its fiscal first quarter. That's up from $513.7 million, or $1.20 per share, last year.


Swiss Craft Janitor Satellites To Get Space Junk

February 15, 2012 2:09 pm | by John Heilprin, Associated Press

The 10-million-franc ($11-million) satellite called CleanSpace One — the prototype for a family of such satellites — is being built by the Swiss Space Center at the Swiss Federal Institute for Technology in Lausanne, or EPFL.


Airlines Forecast To Buy $3.5T Of New Jets By 2030

February 15, 2012 10:19 am | by Alex Kennedy, Associated Press

Global airlines will need $3.5 trillion of new planes through 2030, with more than a third of that demand coming from Asia, Airbus's chief executive said Wednesday.


States May Intervene In Honda Hybrid Settlement

February 15, 2012 10:17 am | by Elliot Spagat, Associated Press

A judge on Tuesday granted California and four other states more time to consider objecting to a class-action settlement between Honda Motor Co. and car owners over inflated fuel-efficiency claims about the automaker's hybrid vehicles.


Boeing: Effect Of Budget Plan Not Yet Clear

February 15, 2012 10:14 am | by Ken Miller, Associated Press

The Boeing Co. said Tuesday that it's too early to know whether a proposal to eliminate a program to upgrade the cockpits of C-130 aircraft will affect the number of jobs the company plans to move to Oklahoma City.


Lawmakers Say NC Weighed For CAT Site

February 15, 2012 10:12 am | by Emery P. Dalesio, AP Business Writer

A Brunswick County industrial park is being scouted as a site for a Caterpillar Inc. factory that could employ more than 1,000 people to make small excavators and tractors.


Peanut Firm Seeks Another $1M In MS Aid

February 15, 2012 10:10 am | by Jeff Amy, Associated Press

Birdsong Corp. wants another $1 million from Mississippi to expand its peanut processing plant in Aberdeen.



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