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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Manufacturers Providing Outsize Boost To Economy

February 16, 2012 2:25 pm | by Christopher S. Rugaber, AP Economics Writer

Manufacturers have been hiring more consistently than other employers, for jobs with better-than-average pay. And more factory output has raised demand in some other industries, such as shipping, leading to further hiring.

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Dow To Clean Dioxin-Tainted Properties

February 16, 2012 2:21 pm | by John Flesher, AP Environmental Writer

Michigan environmental regulators said Thursday that they reached a long-sought deal with Dow Chemical Co. to clean up to 1,400 residential properties in Midland, home of its corporate headquarters and a plant that polluted the area with dioxin for much of the past century.

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Why The Big Talk About Small Business Is Wrong

February 16, 2012 2:18 pm | by Bernard Condon, Matthew Craft, AP Business Writers

If there's one thing Republicans and Democrats agree on, it's that small business is the answer to what ails the economy.

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Former Olympus Chairman Arrested

February 16, 2012 2:15 pm | by Yuri Kageyama, AP Business Writer

Olympus Corp.'s former chairman, suspected of orchestrating a massive cover-up of losses at the Japanese camera and medical equipment maker, has been arrested, media reports said Thursday.

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U.S. Businesses See Weaker Outlook In China

February 15, 2012 2:21 pm | by Elaine Kurtenbach, AP Business Writer

American businesses are finding their prospects in China clouded by surging costs, intense competition, and regulatory interference, despite the country's crucial importance for their survival, according to a report released Wednesday.

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Survey: Lexus Most Dependable

February 15, 2012 2:18 pm | by Dee-Ann Durbin, AP Auto Writer

Lexus is the top performer in a survey of vehicle dependability released Wednesday, but most other brands also showed improvement in an industry that has reached historically high dependability levels.

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Cisco Challenges Microsoft, Skype Merger

February 15, 2012 2:15 pm | by Gabriele Steinhauser, AP Business Writer

Networking company Cisco said Wednesday it is challenging Microsoft's $8.5 billion takeover of Skype at the European Union's top court to ensure Microsoft won't block other video conferencing services.

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FCC Plans To Nix National Wireless Network

February 15, 2012 2:13 pm | by Anick Jesdanun, AP Technology Writer

Federal officials plan to kill a proposal to build a new national high-speed wireless network after concluding it would in some cases jam personal-navigation and other GPS devices.

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Deere Says 1Q Profit Up On Strong Sales

February 15, 2012 2:11 pm | by Josh Funk, AP Business Writer

The world's largest maker of agricultural equipment posted first-quarter earnings of $532.9 million, or $1.30 per share in its fiscal first quarter. That's up from $513.7 million, or $1.20 per share, last year.

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Swiss Craft Janitor Satellites To Get Space Junk

February 15, 2012 2:09 pm | by John Heilprin, Associated Press

The 10-million-franc ($11-million) satellite called CleanSpace One — the prototype for a family of such satellites — is being built by the Swiss Space Center at the Swiss Federal Institute for Technology in Lausanne, or EPFL.

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Airlines Forecast To Buy $3.5T Of New Jets By 2030

February 15, 2012 10:19 am | by Alex Kennedy, Associated Press

Global airlines will need $3.5 trillion of new planes through 2030, with more than a third of that demand coming from Asia, Airbus's chief executive said Wednesday.

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States May Intervene In Honda Hybrid Settlement

February 15, 2012 10:17 am | by Elliot Spagat, Associated Press

A judge on Tuesday granted California and four other states more time to consider objecting to a class-action settlement between Honda Motor Co. and car owners over inflated fuel-efficiency claims about the automaker's hybrid vehicles.

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Boeing: Effect Of Budget Plan Not Yet Clear

February 15, 2012 10:14 am | by Ken Miller, Associated Press

The Boeing Co. said Tuesday that it's too early to know whether a proposal to eliminate a program to upgrade the cockpits of C-130 aircraft will affect the number of jobs the company plans to move to Oklahoma City.

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Lawmakers Say NC Weighed For CAT Site

February 15, 2012 10:12 am | by Emery P. Dalesio, AP Business Writer

A Brunswick County industrial park is being scouted as a site for a Caterpillar Inc. factory that could employ more than 1,000 people to make small excavators and tractors.

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Peanut Firm Seeks Another $1M In MS Aid

February 15, 2012 10:10 am | by Jeff Amy, Associated Press

Birdsong Corp. wants another $1 million from Mississippi to expand its peanut processing plant in Aberdeen.

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Factory Output Jumps 0.7 Percent In January

February 15, 2012 10:08 am | by Christopher S. Rugaber, AP Economics Writer

U.S. factories boosted output last month and December ended up being their best month for growth in five years. Busier factories are helping drive the economy.

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Son Of Ex-McDonnell Douglas CEO Sues Boeing

February 14, 2012 2:29 pm | by The Associated Press

A member of the St. Louis family that ran McDonnell Douglas is suing Boeing Co., which bought the aerospace company in 1997, alleging Boeing infringed on his patents for an unmanned drone landing system.

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Overcapacity Could Drag On Solar For Some Time

February 14, 2012 2:25 pm | by The Associated Press

Solar panel manufacturers will have a hard time boosting revenues this year with Germany cutting government incentives at a time when the market is flush with supply, industry analysts believe.

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Independent Group Inspecting Apple Suppliers

February 14, 2012 2:23 pm | by Peter Svensson, AP Technology Writer

Apple said Monday that an independent group, the Fair Labor Association, has started inspecting working conditions in the Chinese factories where its iPads and iPhones are assembled.

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Toyota Boosts U.S. Sales With Rental Cars

February 14, 2012 2:21 pm | by Dee-Ann Durbin, Tom Krisher, AP Auto Writers

The company sold 24,409 cars and trucks to U.S. fleets in January, a 47 percent increase over January of last year. Without fleets, Toyota's U.S. sales would have been up less than 1 percent for the month, instead of the 7.5 percent increase it reported.

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