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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

U.S. Unemployment Applications Drop

January 23, 2015 10:19 am | by Christopher Rugaber, The Associated Press

The number of Americans seeking unemployment benefits fell last week for the first time in a month, a sign that layoffs remain low and hiring is probably still healthy.                       

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Oil Price Drop Sparks Steel Industry Layoffs

January 23, 2015 10:07 am | by Andrew Szal, Digital Reporter, IMPO

U.S. Steel this week announced 545 layoffs, bringing its January job cut total to more than 1,000 as the industry reels from the decline in oil prices.                             

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U.S. Steel To Lay Off More Than 350 at Indiana Tin Mill

January 22, 2015 2:33 pm | by The Associated Press

U.S. Steel says it will lay off more than 350 workers in East Chicago, Indiana, as it plans to temporarily close its tin mill.                                   

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Industry Group Issues Record Number of Metalworking Credentials

January 22, 2015 2:16 pm | by Andrew Szal, Digital Reporter, IMPO

The National Institute for Metalworking Skills issued a record number of credentials last year to individuals seeking to join or advance in the precision manufacturing industry.                     

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EPA, Automakers Agree to Curb Use of Copper in Brake Pads

January 22, 2015 2:03 pm | by Andrew Szal, Digital Reporter, IMPO

The U.S. Environmental Protection Agency has announced an agreement that would cut the use of copper in motor vehicle brake pads.                                   

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Where Does Your City Stack Up in Job Growth?

January 22, 2015 1:58 pm | by Andrew Szal, Digital Reporter, IMPO

A report presented to a national mayors' group projected each of the nation's 363 metropolitan areas to add jobs in 2015.                                     

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Photo of the Day: The City Ranked Number 1 in Economic Performance

January 22, 2015 10:25 am | by Maura Falk, Associate Editor

See a photo of the city that finished first in JPMorgan Chase and the Brookings Institution list of the 300 top performing economies.                                

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EPA Adds Restrictions to Toxic PFOA Chemicals

January 22, 2015 9:35 am | by Meagan Parrish, Editor, Chem.info

The U.S. Environmental Protection Agency has announced proposed measures to keep perflourinated chemicals from re-entering the U.S. marketplace.                               

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Siemens Receives Order for Wind Project in Kansas

January 22, 2015 9:24 am | by The Associated Press

Siemens has announced that it will supply 21 wind turbines to NJR Clean Energy Ventures, a subsidiary of New Jersey Resources, for the 48-megawatt, Kansas-based Alexander wind project, located in Rush, Kansas.           

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Past, Future Effects of Oil Argued in BP Penalty Trial

January 22, 2015 9:14 am | by Kevin McGill, The Associated Press

Justice Department attorneys are back in federal court presenting their case for making BP pay billions of dollars in civil penalties for the 2010 Gulf of Mexico oil spill.                       

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Unions Seek Jobs Threshold for Boeing Incentives

January 22, 2015 9:08 am | by Andrew Szal, Digital Reporter, IMPO

Unions representing aerospace workers in Washington state are backing legislation to place conditions on industry tax credits, drawing the ire of one of the state's flagship companies.                   

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Report: Wages Up Slightly in Fourth Quarter

January 21, 2015 2:50 pm | by Andrew Szal, Digital Reporter, IMPO

Weekly earnings in the final three months of 2014 increased 1.7 percent compared to the same timeframe in the previous year, according to numbers from the U.S. Bureau of Labor Statistics.                  

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Survey: CEOs Say U.S. More Attractive to Investors Than China

January 21, 2015 2:32 pm | by Pan Pylas, The Associated Press

Amid growing concerns over the global economy, the United States has overtaken China as the No. 1 investment destination among chief executives around the world, a survey found.                     

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Ford Mustang Goes Global With First Shipment to China

January 21, 2015 2:26 pm | by The Associated Press

The Ford Mustang is on its way to China. Ford says its first shipload of around 100 Mustangs has left Portland, Oregon, and is headed to China. Shipments to Europe will begin later this year.                 

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Obama Calls for Additional Regulation, Investment in State of the Union Address

January 21, 2015 1:57 pm | by Andrew Szal, Digital Reporter, IMPO

President Barack Obama called on Congress to enact a slew of new requirements for workers while investing in education and infrastructure during his State of the Union address, declaring, "Middle-class economics works."          

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Google, Fidelity Fuel Elon Musk's SpaceX With $1B Investment

January 21, 2015 10:53 am | by The Associated Press

SpaceX has raised $1 billion from Google and Fidelity in a deal that values the spaceship manufacturer at about $10 billion.                                    

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NAM: President’s Call for Pro-Trade Policies Promising Sign for Manufacturers

January 21, 2015 10:34 am | by Jamie Hennigan, National Association of Manufacturers

Manufacturers have long made the case for Trade Promotion Authority (TPA) and applaud the President’s call for swift action on TPA, which will enable manufacturers of all sizes to better access an $11 trillion global market.       

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Energy Companies Announce Thousands of Layoffs

January 21, 2015 10:24 am | by Andrew Szal, Digital Reporter, IMPO

The continued decline in the prices of crude oil is wreaking havoc in the oilfield services sector, where three industry giants have announced thousands of job cuts in recent days.                    

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Survey Shows Increased Optimism Among Manufacturing Executives

January 21, 2015 10:12 am | by Andrew Szal, Digital Reporter, IMPO

A newly released survey showed top U.S. manufacturing executives were increasingly optimistic about the national economy heading into 2015 — and that many planned to increase their workforces this year.             

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Global Economy Squeezed by Worsening Slowdown in China

January 21, 2015 9:39 am | by Kelvin Chan, Paul Wiseman, The Associated Press

The global economy, slowed by stagnation in Europe and Japan, is being further hampered by China's decelerating growth.                                     

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