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Daily industrial news and top headlines for plant and maintenance managers

Colfax Reports 1Q Loss On Acquisition Costs

May 9, 2012 10:06 am | by The Associated Press

The pump and valve maker said acquisition costs helped the company swing to a loss in its first quarter, even as its newly acquired business helped boost revenue sharply.

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Ford Adds Virginia To Windstar Recall

May 9, 2012 10:04 am | by The Associated Press

Ford is adding 27,000 Windstar minivans from Virginia to a larger recall because the rear axles can crack and fail.

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Hostess Notifies State Of 184 Layoffs

May 9, 2012 10:03 am | by The Associated Press

Wholesale baking company Hostess Brands Inc., has notified the state it may lay off more than 180 workers in Wisconsin as part of its plan to get out of bankruptcy.

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Vacuum Robot Is Trilingual, Knows Witty Dialect

May 8, 2012 2:23 pm | by Yuri Kageyama, AP Business Writer

It looks just like iRobot's Roomba vacuuming machine, except the new circular roaming vacuum cleaner from Sharp Corp. is trilingual, and even knows a hip humorous dialect.

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Struggling RIM Announces New Execs

May 8, 2012 2:21 pm | by Rob Gillies, Associated Press

BlackBerry maker Research in Motion Ltd. said it has hired two new senior executives, including a marketing chief, as the company looks to regain market share lost to Apple's iPhone.

Toyota To Boost KY Engine Assembly Capacity

May 8, 2012 2:20 pm | by The Associated Press

The automaker said the approximately $30 million project will increase the annual assembly capacity of four-cylinder engines by more than 100,000.

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Romney Taking Credit For Auto Industry Success

May 8, 2012 2:18 pm | by Steve Peoples, Associated Press

Mitt Romney re-ignited the bailout debate by suggesting he deserves "a lot of credit" for the recent successes of the nation's largest car companies.

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Official Flips Switch On Solar Plant Near Vegas

May 8, 2012 2:16 pm | by Ken Ritter, Associated Press

The first commercial solar array approved and built on federal public land began producing electricity Monday from a sun-baked site in the Mojave Desert south of Las Vegas near the Nevada-California state line.

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U.S. Employers Posted 3.74M March Jobs

May 8, 2012 2:15 pm | by Marting Crutsinger, AP Economics Writer

U.S. companies in March posted the highest number of job openings in nearly four years, a sign that hiring could strengthen in the coming months after slowing this spring.

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Jury Deadlocks On Key Issue In Google-Oracle Trial

May 8, 2012 10:35 am | by Michael Liedtke, AP Technology Writer

Although the jury decided Android infringes on some of Java's copyrights, the five men and seven women on the panel were divided on whether Google's actions were permissible under "fair use" protections of U.S. law.

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Energy Conversion Devices To Cut 300 Jobs

May 8, 2012 10:33 am | by The Associated Press

The solar energy product maker Energy Conversion Devices Inc. says it's cutting about 300 jobs as it cancels an auction of its solar panel unit.

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Self-Driving Cars Set For NV Test Drive

May 8, 2012 10:32 am | by Michelle Rindels, Associated Press

Nevada drivers could soon be sharing the road with vehicles that don't need them. Department of Motor Vehicles officials said they've issued Google the nation's first license to test self-driving cars on public streets.

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Electric Toyota RAV4 To Start Near $50,000

May 8, 2012 10:30 am | by Dee-Ann Durbin, AP Auto Writer

Toyota Motor Corp. said Monday the electric RAV4 will cost $49,800 when it goes on sale this summer. That's more than double the starting price of the gas version.

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Teacher Starting Biodiesel Fuel Plant In MI

May 8, 2012 10:28 am | by The Associated Press

Bill Koucky's Northwest Michigan Biodiesel LLC plant is expected to be in full production within weeks, the Traverse City Record-Eagle reported.

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Small Biz Optimism Rose In April But Still Weak

May 8, 2012 10:26 am | by The Associated Press

Small business owners recovered some of their optimism during April, but they're still wary about the economy.

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Ford Settles Lawsuit Over 2003 Crash

May 7, 2012 2:29 pm | by The Associated Press

A settlement has been reached in a lawsuit against Ford that alleged defects in tires on the Ford Bronco were a substantial factor in a crash that left a man paralyzed.

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Denso To Build Auto Parts Plant In India

May 7, 2012 2:27 pm | by The Associated Press

The major auto parts manufacturer will supply products to Japan's Suzuki and other automakers in the country to keep pace with India's expanding auto market.

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Oil Price Drops To Lowest Of 2012

May 7, 2012 2:25 pm | by Chris Kahn, AP Energy Writer

Oil prices declined after voters in Europe rejected leaders who supported austerity measures to fix the struggling economy. Analysts warned that the election results could derail the recovery.

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Etihad Cancels 7 Airbus A350 Orders

May 7, 2012 2:22 pm | by The Associated Press

Etihad still has orders for 12 of the aircraft, a rival of Boeing's 777, according to Airbus' website.

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Westlake Chemical Drops Bid For Georgia Gulf

May 7, 2012 2:20 pm | by The Associated Press

Westlake Chemical Corp. said Friday that it withdrew a $1.2 billion offer to buy Georgia Gulf Corp. and will sell its stock in the company.

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