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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Bobcat Opening $28M Bismarck Center

August 7, 2014 2:33 pm | by The Associated Press

Bobcat Co. is hoping that its new research and development facility in Bismarck will help it snatch up engineering talent from North Dakota universities.                            

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Is the U.S. Headed in the Right Direction?

August 7, 2014 2:24 pm | by Jennifer Agiesta, Associated Press

Three-quarters of Americans doubt the federal government will address the important problems facing the country this year, according to a new Associated Press-GfK poll.                       

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Obama Seeks Executive Ways To Limit Tax Inversions

August 7, 2014 1:15 pm | by Josh Lederman, Associated Press

Aiming to sidestep a logjam in Congress, the Obama administration is looking for steps it could take on its own to prevent American companies from reincorporating overseas to shirk U.S. taxes, officials said Tuesday.          

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Company To Shutter 2 Manufacturing Plants in New York

August 7, 2014 11:37 am | by The Associated Press

A fiberglass manufacturer says it will shut down both of its plants in a Mohawk Valley city after more than a half-century in business, putting more than 100 people out of work.                     

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Pfizer To Pay $35M To Settle Drug Marketing Case

August 7, 2014 11:36 am | by The Associated Press

Pfizer will pay $35 million to resolve allegations by 42 states that its subsidiary, Wyeth Pharmaceuticals, illegally marketed an organ transplant drug for unapproved uses.                       

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Trade Gap Narrows to Lowest Level in 5 Months

August 7, 2014 10:15 am | by Christopher S. Rugaber, AP Economics Writer

The U.S. trade deficit fell in June to its lowest level since January as imports dropped sharply, led by lower shipments of cellphones, petroleum and cars.                            

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Coca-Cola Plant Had Received Threats

August 7, 2014 9:53 am | by The Associated Press

A Coca-Cola distribution plant in southern Mexico had received threats before attackers burned four of its delivery trucks in an area known for drug gang turf battles, the company said.                   

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FDA Rules Ga. Peanut Plant 'Not Fit' To Produce Food

August 7, 2014 9:50 am | by Russ Bynum, Associated Press

The company's products were blamed for the deaths on nine Americans and for sickening hundreds nationwide. Now the company's former owner and two others are standing trial in a rare instance of corporate officers and workers being prosecuted in a food poisoning case.

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Nestle Profit Falls on Stronger Swiss Franc

August 7, 2014 9:41 am | by David McHugh, AP Business Writer

Nestle SA saw its sales and profits fall in the first half of the year as a stronger Swiss franc and anemic prices in Europe weighed on the bottom line.                            

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Bill on West Blast Would Delay New Rules

August 7, 2014 9:37 am | by Paul J. Weber and Nomaan Merchant, Associated Press

The massive fertilizer plant explosion that killed 15 people last year is unlikely to meaningfully change regulatory or safety rules in Texas until at least 2016 under the latest bill offered Tuesday by lawmakers tasked with scrutinizing the blast. 

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Samsung, Apple To Drop Lawsuits Outside U.S.

August 6, 2014 2:54 pm | by Youkyung Lee, AP Technology Writer

Samsung and Apple Inc. have agreed to end all patent lawsuits between each other outside the U.S. in a step back from three years of legal hostilities between the world's two largest smartphone makers.              

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AB InBev Brewery Cited For Serious Violations

August 6, 2014 2:50 pm | by OSHA

Anheuser-Busch is facing fines of $92,400 after one of its breweries was found in breach of eight “serious safety violations” by the U.S. Department of Labor’s Occupational Safety and Health Administration.             

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Toyota Pledges $1M Toward Detroit Bankruptcy Deal

August 6, 2014 2:46 pm | by The Associated Press

Toyota has pledged $1 million toward the Detroit Institute of Arts' goal to raise $100 million to prevent the sale of art in Detroit's bankruptcy and help city pensioners.                       

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Chrysler Q2 Profit Up

August 6, 2014 2:40 pm | by The Associated Press

Chrysler Group says its second-quarter net profit rose 22 percent, fueled by rising sales in the U.S.                                           

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China: No Evidence Spoiled Meat Made It To Japan

August 6, 2014 2:38 pm | by The Associated Press

An ongoing investigation into the food safety scandal that hit several popular fast food chains last month has uncovered no evidence that spoiled meat made it to Japan, Chinese food safety regulators told their Japanese counterparts.     

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Former GM Site Sold To Aircraft Maintenance Company

August 6, 2014 2:35 pm | by The Associated Press

A former General Motors facility in Washtenaw County has been sold to aircraft maintenance company International Turbine Industries.                                 

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Mondelez Lowers Forecast As Sales Fall Short

August 6, 2014 10:18 am | by The Associated Press

The maker of Oreo, Cadbury and Trident cited the challenging market conditions in scaling back its outlook for core sales growth to 2 to 2.5 percent. It had previously forecast growth of 3 percent.               

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Fiat Shares Plunge Over Chrysler Merger Worries

August 6, 2014 10:12 am | by The Associated Press

Fiat shares have been suspended temporarily after an excessive drop due to investor concerns that a planned merger with Chrysler may be blocked.                               

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Attackers Burn 4 Coca-Cola Trucks In Mexico

August 6, 2014 10:10 am | by The Associated Press

Unidentified attackers have burned four Coca-Cola Co. delivery trucks in an area of Mexico's southern state of Guerrero known for drug gang turf battles.                           

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China Probes Automakers, Tech Firms

August 6, 2014 10:08 am | by Joe McDonald, AP Business Writer

Chinese regulators have launched a series of anti-monopoly investigations of foreign automakers and technology providers, stepping up pressure on foreign companies that feel increasingly unwelcome in China.             

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