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Daily industrial news and top headlines for plant and maintenance managers

$600K OSHA Settlement In Bostik Plant Blast

May 18, 2012 1:50 pm | by The Associated Press

The Labor Department says it has reached a $600,000 settlement with adhesives manufacturer Bostik Inc., over workplace safety citations related to a March 2011 explosion.

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Nucor To Buy ArcelorMittal Unit For $605M

May 18, 2012 1:48 pm | by The Associated Press

Steel recycler Nucor Corp. said Friday that it plans to buy a steel distribution unit of ArcelorMittal for $605 million, expanding its reach in the North American construction industry.

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Kodak To Add 40 Jobs At CO Plant

May 18, 2012 1:46 pm | by The Associated Press

Eastman Kodak is planning to add positions in its coating and finishing operations in CO as part of an operations shutdown at the company's headquarters in NY.

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Toyota To Increase V6 Engine Production In AL

May 18, 2012 1:45 pm | by Toyota

The approximately $80 million investment will bring total plant investment to more than $700 million. Approximately 125 new jobs will be created, increasing employment nearly 10 percent to 1,150.

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China Rejects U.S. Ruling In Solar Dumping Case

May 18, 2012 10:14 am | by Joe McDonald, AP Business Writer

China's government rejected a U.S. antidumping ruling against its solar power equipment makers and Chinese manufacturers warned possible higher tariffs might hurt efforts to promote clean energy.

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Caterpillar Shares Fall On 3-Month Sales Figures

May 18, 2012 10:12 am | by The Associated Press

Shares of Caterpillar Inc. fell Thursday after the maker of heavy equipment reported slower growth in dealer sales.

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U.S. Unemployment Applications Stay At 370,000

May 18, 2012 10:11 am | by Christopher S. Rugaber, AP Economics Writer

The number of people seeking U.S. unemployment benefits was unchanged last week, suggesting modest but steady gains in the job market.

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Japan's Economy Grew 4.1 Percent Amid Recovery

May 18, 2012 10:10 am | by Yuri Kageyama, AP Business Writer

Japan's economy grew an at annual rate of 4.1 percent in the first quarter amid a gradual recovery from last year's catastrophic earthquake and tsunami.

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Alcoa Starts Expansion Of Lafayette Facility

May 18, 2012 10:09 am | by The Associated Press

Construction is starting on a new $90 million facility at Alcoa's factory in Lafayette.

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Honda Relocates Super Cub Production To China

May 18, 2012 10:07 am | by The Associated Press

Honda Motor Co. said it has relocated production of the 50-cc scooter to China and will release the new Chinese-made Super Cub model for the Japanese market on May 25.

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Guardair Corporation Acquires Allen Gasket Cutting Machine Company

May 17, 2012 2:34 pm | by Guardair Corporation

Featuring a line of rotary-style gasket cutters, Allen will be absorbed into the Allpax Gasket Cutter Systems Division at Guardair’s Chicopee, MA headquarters.

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U.S. Economy Picks Up After Early Spring Slump

May 17, 2012 1:54 pm | by Christopher S. Rugaber, AP Economics Writer

U.S. manufacturing, one of the strongest areas of the economy since the recession ended nearly three years ago, rebounded in April after a March lull.

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Honda Recalls Nearly 53,000 Acura TL Sedans

May 17, 2012 1:52 pm | by The Associated Press

Honda says it's recalling nearly 53,000 Acura TL sedans in the U.S. to fix a problem with power steering hoses.

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New Japan Auto Chief Promises To Keep Production

May 17, 2012 1:51 pm | by Yuri Kageyama, AP Business Writer

Akio Toyoda took the helm at Japan's auto industry group with a promise to keep production and jobs at home to help along the country's recovery from last year's tsunami disaster.

GM's Vauxhall Announces New Astra At UK Plant

May 17, 2012 1:49 pm | by Raphael Satter, Associated Press

General Motors' Vauxhall plant in northern England will build the company's top-selling Astra vehicles, the automaker said Thursday.

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Ford Takes On Toyota With Lower-Priced Hybrid

May 17, 2012 1:45 pm | by Dee-Ann Durbin, AP Auto Writer

Ford Motor Co. said its new C-Max hybrid small minivan will have a base price that's $500 less than Toyota's Prius V wagon when it goes on sale this fall.

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ABB Completes Acquisition Of Thomas & Betts

May 17, 2012 1:42 pm | by ABB

The U.S. has become ABB’s largest market with about $6.6 billion in annual revenue and 19,000 employees.

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Safety To Prevent Bus, Truck Rollovers Proposed

May 16, 2012 2:02 pm | by Joan Lowy, Associated Press

Manufacturers would have to equip large trucks and buses with safety systems that help prevent rollover accidents through computer-controlled braking, under proposed regulations.

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Subaru Expanding IN Plant To Increase Production

May 16, 2012 2:01 pm | by The Associated Press

Subaru plans a $75 million expansion of its central Indiana factory in order to increase production of its Outback and Legacy models.

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LSB Industries Closes Plant After Explosion

May 16, 2012 1:59 pm | by The Associated Press

Shares of LSB Industries plunged more than 20 percent after the maker of chemicals and heating and air conditioning equipment said it will close an Arkansas plant after an explosion there.

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