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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

3M To Buy Federal Signal Technology Business

June 22, 2012 10:02 am | by The Associated Press

Diversified manufacturing company 3M Co. said Thursday that it reached a deal to buy Federal Signal Corp.'s technology business for $110 million in cash.

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Weak U.S. Job Market Weighs On Broader Economy

June 21, 2012 2:23 pm | by Christopher S. Rugaber, AP Economics Writer

The sluggish job market is weighing on the U.S. economy three years after the Great Recession ended and it doesn't look to be getting much better any time soon.

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Toyota Stays Lean To Ride Out Strong Yen And Grow

June 21, 2012 2:21 pm | by Yuri Kageyama, AP Business Writer

Toyota Motor Corp. has been hammered by the strong yen, putting extra pressure on the automaker to stay lean and come up with new innovations to ride out the challenge, a senior executive said Thursday.

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IA Quaker Oats Workers Claim $241M Jackpot

June 21, 2012 2:20 pm | by Luke Meredith, Associated Press

The winners all are between 35 and 64 years old and work in the Quaker plant's shipping department.

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Solar Plane Makes 2nd Attempt In Morocco Flight

June 21, 2012 2:17 pm | by Paul Schemm, Associated Press

An experimental solar plane hoping to one day fly around the world tried again Thursday to fly over Morocco's Atlas Mountains after being thwarted a week ago by high winds.

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Severstal Marks Opening Of Steelmaking Facilities

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

The North American arm of Russian steelmaker Severstal is marking the opening of its newest steelmaking facilities.

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WV Gov Announces Truck Plant Expansion

June 21, 2012 2:14 pm | by The Associated Press

Japanese truck maker Hino Motors Manufacturing plans to add 20 jobs and spend nearly $3 million to expand its West Virginia truck assembly plant.

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Fewer U.S. CEOs Plan To Hire, Boost Spending

June 20, 2012 2:22 pm | by Christopher S. Rugaber, AP Economics Writer

A survey of chief executives shows fewer large U.S. companies plan to hire or boost spending in the next six months, reflecting a weaker U.S. economy.

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Honda To Recycle Rare Earths To Be Green

June 20, 2012 2:20 pm | by Yuri Kageyama, AP Business Writer

Honda Motor Co. said Wednesday it will start recycling rare earths and other key materials in hybrid auto batteries this year — a key innovation in the Japanese automaker's effort to be green.

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Struggling BlackBerry Maker Begins Job Cuts

June 20, 2012 2:19 pm | by Rob Gillies, Associated Press

Research In Motion said it has started laying off employees as part of its restructuring plan aimed at saving about $1 billion this year.

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RG Steel, Creditors Urged To Agree On Sale Process

June 20, 2012 2:16 pm | by Randall Chase, AP Business Writer

Unsecured creditors fear the process is being rushed and asked that a Thursday hearing to approve proposed bid procedures be postponed. RG Steel opposed that request.

NH Businesses Reach Out To Canadian Manufacturers

June 20, 2012 2:14 pm | by Kathy McCormack, Associated Press

North Country business owners traveled to Canada to recruit manufacturers, speaking in Quebec's native French about opportunities to expand their operations into New Hampshire.

Lexus Tops Auto Quality Study As Industry Improves

June 20, 2012 2:10 pm | by Tom Krisher, AP Auto Writer

Lexus makes the best-quality cars in the U.S., and automakers overall are much better at eliminating problems that land vehicles in the repair shop, according to a new survey of car owners.

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China Defends Curbs On Rare Earths

June 20, 2012 10:08 am | by Joe McDonald, AP Business Writer

China on Wednesday defended its export curbs on rare earths used in high-tech products as an environmental measure and rejected a World Trade Organization challenge by the United States, Europe and Japan.

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Toyota Recalls 91K Trucks Over Exhaust Pipe Problem

June 20, 2012 10:07 am | by The Associated Press

Toyota Motor Corp. on Wednesday recalled a total of 91,198 vehicles of four models, including the HiAce van and Dyna truck, saying their exhaust pipes could rupture and leak exhaust gas.

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GM Says 100th Facility Is 'Landfill-Free'

June 20, 2012 10:05 am | by Jeff Karoub, AP Business Writer

"What that means, quite literally, is that no materials leave this plant and end up in a landfill," said Mike Robinson, GM's vice president of sustainability and global regulatory affairs.

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Nidec Buys 51 Percent Stake In Chinese Motor Maker

June 20, 2012 10:03 am | by The Associated Press

Nidec, which makes small motors for everything from car windows to copiers, is buying a 51 percent stake in the Chinese automotive motor company, Jiangsu Kaiyu Auto Appliance Co.

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Samsung, LG Bet On New Display To Revive TV Sales

June 20, 2012 10:01 am | by Youkyung Lee, AP Technology Writer

South Korean TV manufacturers are making billion dollar bets on a new display technology that promises an even thinner screen and imagery of eye-popping clarity.

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Microsoft Tablet Risks Alienating PC Makers

June 20, 2012 9:59 am | by Peter Svensson, AP Technology Writer

With the unveiling of the Surface tablet, Microsoft is heading into unusual territory: competing with its partners, the very same companies that make Windows PCs.

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U.S. Employers Post Fewest Jobs In 5 Months

June 19, 2012 2:25 pm | by Christopher S. Rugaber, AP Economics Writer

Employers in April posted the fewest job openings in five months, suggesting hiring will remain sluggish in the months ahead.

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