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Daily industrial news and top headlines for plant and maintenance managers

Oracle Shares Slip On Talk Of Management Shake-Up

June 19, 2012 2:15 pm | by The Associated Press

Oracle Corp.'s stock slipped amid reports that the business software maker is preparing to announce a reorganization that could include the departure of the company's top sales executive in North America.

Lynas Clears Obstacle To Malaysia Rare Earth Plant

June 19, 2012 10:24 am | by Eileen Ng, Associated Press

Australian miner Lynas Corp. said it hopes to fire up a plant in Malaysia to process rare earths now that a parliamentary panel has ruled the project is safe.


Fire Rips Through NJ Manufacturing Plant

June 19, 2012 10:23 am | by The Associated Press

A multi-alarm fire has swept through Camden's Magnetic Metals plant.


Microsoft's 'Surface' Tablet Aims For Productivity

June 19, 2012 10:20 am | by Ryan Nakashima, AP Business Writer

Microsoft unveiled a new tablet computer, Surface, that attempts to take advantage of one of the few criticisms of Apple's iPad — that it is better for consuming content than creating it.


Boeing Lauds Tornado Recovery By KS Supplier

June 19, 2012 10:19 am | by Roxana Hegeman, Associated Press

Top Boeing Co. executives were in Wichita on Monday to celebrate tornado recovery efforts by parts supplier Spirit AeroSystems Holdings.


Air Products & Chemicals Buying Indura Stake

June 19, 2012 10:18 am | by The Associated Press

Air Products & Chemicals Inc. is buying a majority stake in Chilean industrial gas company Indura SA for $884 million.


Solar Shares Soar On Japanese Subsidy Announcement

June 19, 2012 10:16 am | by The Associated Press

Shares of solar equipment makers jumped Monday following the approval of subsidies in Japan that could make it one of the most attractive markets in the world.


Steel Companies Fall On Demand, Price Worries

June 18, 2012 2:02 pm | by The Associated Press

Shares of steel companies fell Monday as investors worried that demand could fall because of slower economic growth.


IN Auto Parts Plant To Close, Idling 170

June 18, 2012 1:59 pm | by The Associated Press

Johnson Controls Interior Manufacturing says it will close its Kendallville auto parts plant Aug. 31, costing about 170 workers their jobs.


Unmanned Air Force Plane Lands In CA

June 18, 2012 1:58 pm | by Alicia Chang, AP Science Writer

The twin X-37B vehicles are part of a military program testing robotically controlled reusable spacecraft technologies.


Buckeye Technologies Temporarily Shuts Plant

June 18, 2012 1:56 pm | by The Associated Press

Buckeye Technologies slid 8 percent in Monday trading as the fiber and woven goods maker announced that it is shuttering its Florida plant temporarily to deal with a mechanical failure.


UK Awards Rolls-Royce $1.7B Reactor Contract

June 18, 2012 1:54 pm | by The Associated Press

Britain's defense ministry has awarded a $1.7B contract to Rolls-Royce to deliver reactor cores for the UK's nuclear-powered submarine fleet.


Phones Gain Ability To Learn By Touching

June 18, 2012 1:51 pm | by Peter Svensson, AP Technology Writer

Smartphones set to be released this month will learn things when you touch them to pre-programmed "tags."


U.S. Expands Toyota Fire Probe To 1.4M Autos

June 18, 2012 10:23 am | by Tom Krisher, AP Auto Writer

The government has expanded an investigation into fires that can start in the doors of several Toyota models, adding 600,000 Camrys and other vehicles to the probe.


Theft Pushes OR Company To Brink Of Bankruptcy

June 18, 2012 10:22 am | by Lynne Terry, The Oregonian

The embezzlement pushed Applied Plastics Machining to the brink of bankruptcy. But it didn't crumble and die. Instead, the Southeast Portland manufacturer survived thanks to the sweat and perseverance of its owners.


IN Manufacturing Jobs Rebound, But Wages Lower

June 18, 2012 10:19 am | by The Associated Press

Indiana manufacturers are seeing a slow recovery, adding back about 60 percent of the 100,000 jobs lost during the recession, but many workers are finding their paychecks lighter than they once were.


Hoku CEO Resigns To Chair Company Restructuring

June 18, 2012 10:17 am | by The Associated Press

Honolulu-based commercial solar power company Hoku Corp. says its chief executive officer is resigning and that it is exploring selling subsidiary Hoku solar.


CA Valve Company VP Pleads Guilty To Bribe

June 18, 2012 10:16 am | by The Associated Press

Federal prosecutors say the former vice president of Control Components Inc. has pleaded guilty to bribing a Greek official to obtain contracts.

Audi Wins 24 Hours Of Le Mans

June 18, 2012 10:14 am | by The Associated Press

Audi consolidated second place for most victories at the world's most famous endurance race, five shy of Porsche's record.

American Drivers Turn To Smaller, Better Engines

June 15, 2012 2:15 pm | by Tom Krisher, AP Auto Writer

Thanks to government regulation and gas-price gyrations, the motors that move the nation's cars and trucks are shrinking.



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