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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

SBA Head Looks Beyond Loans To Help Small Business

May 25, 2012 11:57 am | by Joyce M. Rosenberg, AP Business Writer

The SBA is probably best known for the loans it makes to small businesses, but Mills also focuses on counseling and mentoring services that are available to business owners, and where they can go to find that help.

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Toyota Looks To Growth In Emerging Markets

May 25, 2012 11:55 am | by Yuri Kageyama, AP Business Writer

Toyota is looking to emerging markets for growth, targeting 50 percent of its global vehicle sales in such countries by 2015, and rolling out eight compact models over the next few years.

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First Dodge Darts From IL Plant Reach Showrooms

May 25, 2012 11:53 am | by The Associated Press

The first Dodge Darts to come out of a revitalized Chrysler plant in Illinois were shipped off to dealers this week, setting the stage for what Marchionne called the automaker's "real battle" in the compact market.

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China Challenges U.S. Trade Penalties At WTO

May 25, 2012 10:16 am | by The Associated Press

China filed WTO cases Friday challenging U.S. anti-subsidy tariffs on 22 Chinese goods including steel, widening a conflict between the two giant trading partners.

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ID Town Seeks To Lure Gun, Ammo Makers

May 25, 2012 10:14 am | by Nicholas K. Geranios, Associated Press

Firearms are a $3.8B industry that employs 90K people in the U.S. The industry includes Remington and Smith & Wesson, but also more than 1,000 smaller companies.

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Pratt & Whitney To Cut 300 U.S. Jobs

May 25, 2012 10:10 am | by The Associated Press

The jet engine maker said the cuts come as it tries to keep staffing in line with business and economic conditions.

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Ravenswood Plant To Make Airbus Parts

May 25, 2012 10:08 am | by The Associated Press

Constellium Rolled Products' plant in Ravenswood will help make jet frames under an agreement with Airbus and its parent company.

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Toyota's Etios Sales Top 100,000 In India

May 25, 2012 10:06 am | by The Associated Press

Toyota said its cumulative sales of the Etios series surpassed 100,000 units in India, with the relatively low-priced vehicles gaining popularity in the major emerging market.

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Weekly U.S. Unemployment Applications Dip To 370K

May 25, 2012 10:04 am | by Christopher S. Rugaber, AP Economics Writer

The number of people seeking unemployment benefits changed little last week, signaling modest job growth.

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China Rules U.S. Clean Energy Support Improper

May 24, 2012 2:18 pm | by Joe McDonald, AP Business Writer

China's Commerce Ministry issued a ruling that U.S. government support for six renewable energy projects violated free-trade rules, the latest volley in a widening conflict over clean power.

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RG Steel Idling MD, OH, WV Operations

May 24, 2012 2:15 pm | by Alex Dominguez, Associated Press

The struggling steelmaker announced idling operations Thursday as it warned employees of "a lot" of layoffs.

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Feds Add 2012 Model To Chevy Cruze Fire Probe

May 24, 2012 2:13 pm | by Tom Krisher, AP Auto Writer

The NHTSA said last month it was investigating the 2011 Cruze because of two complaints of fires that engulfed and destroyed the cars.

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Solar Plane Begins 1st Transcontinental Flight

May 24, 2012 2:12 pm | by Frank Jordans, Associated Press

Pilot Andre Borschberg planned to take the jumbo jet-size Solar Impulse plane on its first leg to Madrid, Spain.

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Dow Wins $2.16B In Kuwaiti Dispute

May 24, 2012 2:10 pm | by The Associated Press

Dow Chemical has been awarded $2.16B in damages by an international arbitration court over for a Kuwaiti joint venture that collapsed four years ago as the global recession took hold.

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Trina Solar Posts Fiscal 1Q Loss

May 24, 2012 2:08 pm | by The Associated Press

Chinese solar module maker Trina Solar Ltd. on Wednesday reported a loss for its fiscal first quarter as prices for modules fell.

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Nissan To Produce EVs In Spain

May 23, 2012 12:05 pm | by The Associated Press

Nissan said it will manufacture electric vehicles based on its NV200 commercial vehicle at a plant Spain from the business year starting April 2013.

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Fitch Says It May Cut Eaton Rating On Cooper Deal

May 23, 2012 12:03 pm | by The Associated Press

Fitch said Eaton will take on around $5.1B in long-term debt as part of the acquisition, and it will assume $1.4B in outstanding debt held by Cooper.

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First 787 Built In SC Ready For Test Flight

May 23, 2012 12:00 pm | by The Associated Press

The first Boeing 787 manufactured at the $750M assembly plant that opened last summer is scheduled to take to the air for a test flight. 

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EU Appeals To China To Join Emissions Talks

May 23, 2012 11:58 am | by Joe McDonald, AP Business Writer

In March, Airbus said Beijing was blocking orders by China's state-owned carriers for jets with a total list price of $12B in a challenge to the carbon charges.

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Former Plant To Become Recreation Center

May 23, 2012 11:55 am | by The Associated Press

Plans are moving forward to transform a more than century-old manufacturing site near the Detroit River into an adventure and discovery center with rock climbing, archery, and other activities.

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