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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Oil Prices Fall to Six-Year Low

March 17, 2015 1:57 pm | by Andy Szal, Digital Reporter

In the wake of a 10 percent slide last week, the price of crude oil on the West Texas Intermediate index fell to about $44 per barrel, the lowest level in six years.

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Attorney: GM to Face Further Legal Action Over Ignition Problem

March 17, 2015 1:52 pm | by Andy Szal, Digital Reporter

General Motors was spared a potentially lengthy legal battle over faulty ignition switches following a settlement with the family of a Georgia victim last week. The family's attorney, however, said further probes of the company's actions would continue. 

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Detroit Nonprofit Hires Homeless to Make Coats/Sleeping Bags

March 17, 2015 10:26 am | by Mike Householder, Associated Press

Veronika Scott, 25, built a nonprofit, the Empowerment Plan, which employs and trains homeless single parents to manufacture the coats that were her project for a class at Detroit's College for Creative Studies four years ago.

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Institute: China Now World's Third-Biggest Arms Exporter

March 17, 2015 10:20 am | by Christopher Bodeen, The Associated Press

China has overtaken German to become the world's third-biggest arms exporter, although its 5 percent of the market remains small compared to the combined 58 percent of exports from the U.S. and Russia, a new study says. 

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Report Suggests Oil Prices Tied to Worker Fatalities in North Dakota

March 17, 2015 9:52 am | by Andy Szal, Digital Reporter

Low oil prices and subsequent cutbacks in the field by drilling companies could be contributing to a rash of worker fatalities in North Dakota, according to a report in the Wall Street Journal.

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EPA, FDA Sign Data Sharing Agreement

March 17, 2015 9:46 am | by Andy Szal, Digital Reporter

The Environmental Protection Agency and the Food and Drug Administration signed an agreement to share data relating to pesticides and toxic substances, the agencies announced Monday.

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Autonomous Car Prepares For 3,500-Mile U.S. Road Trip

March 16, 2015 2:26 pm | by Dee-Ann Durbin, The Associated Press

An autonomous car developed by Michigan-based auto supplier Delphi Automotive will soon be making a 3,500-mile journey across the U.S.

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Factory Output Falls for Third Straight Month in February

March 16, 2015 2:17 pm | by Martin Crutsinger, The Associated Press

Output at U.S. factories fell for a third straight month in February, driven by a big drop in production at auto plants.

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Machinists Union Seeks Election at South Carolina Boeing Plant

March 16, 2015 2:08 pm | by Bruce Smith, The Associated Press

The machinists union on Monday asked for an election so about 2,500 Boeing production workers in South Carolina can decide whether they want union representation.

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Lumber Liquidators to Provide Air Tests Following '60 Minutes' Report

March 16, 2015 2:02 pm | by Andy Szal, Digital Reporter

Lumber Liquidators will provide air testing supplies to consumers in the wake of a report that its laminate flooring contained high levels of formaldehyde.

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Toyota Wants Price of Hydrogen Vehicle to Match Diesel Cars

March 16, 2015 1:56 pm | by Andy Szal, Digital Reporter

Toyota's new hydrogen-powered car already costs far less than analysts' original forecasts, but reports suggest the Japanese automaker hopes to make it affordable to most car buyers in the next five to seven years. 

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Report: Zinc Company Overlooked Warning Signs Ahead of 2010 Explosion

March 16, 2015 10:27 am | by Andy Szal, Digital Reporter

Federal investigators this week attributed a July 2010 Pennsylvania zinc refinery explosion to drainage problems and suggested workers overlooked several warning signs leading up to the disaster.

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Chemist's 3D Printer Could Revolutionize Drug Development

March 16, 2015 10:19 am | by Andy Szal, Digital Reporter

A 3D printer designed by a University of Illinois chemist could, he believes, potentially revolutionize the development of new medications.

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GE Launches Global Research, Technology Innovation and Manufacturing in Saudi Arabia

March 16, 2015 10:15 am | by GE

GE announced $100 million of new programs in Saudi Arabia that will further the company’s localization efforts, build innovation capacity, and create jobs in advanced manufacturing and software analytics.

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House to Vote on EPA Research Guidelines

March 16, 2015 9:49 am | by Andy Szal, Digital Reporter

The U.S. House of Representatives is scheduled to vote this week on bills that would overhaul the standards for research cited by the Environmental Protection Agency. 

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New York Manufacturing Index Slows in March

March 16, 2015 9:44 am | by Martin Crutsinger, The Associated Press

Manufacturing activity in New York state expanded at a slightly slower pace in March, dragged by weaker shipments and new orders.

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Oil Is On its Way Down Again; Will Gasoline Prices Follow?

March 13, 2015 2:41 pm | by Jonathan Fahey, The Associated Press

The price of oil is on yet another ride down as swelling global supplies overwhelm rising but still relatively weak demand.

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Coke CEO Gets $18.1M After Company Fails to Meet Targets

March 13, 2015 2:28 pm | by Candice Choi, The Associated Press

Coca-Cola CEO Muhtar Kent was given a pay package worth $18.1 million last year after the world's biggest beverage company failed to meet its own growth targets.

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Top 10 ‘Ugliest’ Cars List

March 13, 2015 2:09 pm | by Jon Minnick, Associate Editor

Auto industry experts at Cars.com has released its subjective list of the Top 10 ugly cars from the U.S. market over the past 30 years.

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GM to Alter Chevrolet, GMC Warranties

March 13, 2015 11:12 am | by Andy Szal, Digital Reporter

General Motors will make a series of changes to its vehicle warranty and maintenance programs after they failed to generate more interest among car buyers. 

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