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Daily industrial news and top headlines for plant and maintenance managers

General Electric Forecasts Global Business Growth

March 7, 2012 2:22 pm | by The Associated Press

GE believes that Latin America, not the rest of Asia, will set the pace for growth next year and confirmed its prediction of overall double-digit percentage earnings growth Wednesday in both industrial and capital segments.


Deal With IL Cable Plant To Bring 1,450 Jobs

March 7, 2012 10:18 am | by Sophia Tareen, Associated Press

Georgia-based Southwire Company said the Illinois plant has agreed to manufacture 500 miles of overhead transmission cable for a grid designed to harness wind energy.


Obama Says Nation Needs Tax Law Changes

March 7, 2012 10:16 am | by Ken Thomas, Associated Press

President Barack Obama told business leaders that the nation needs to reform its tax system to help boost the economy.


New iPad Expected To Be Faster, Sharper

March 7, 2012 10:14 am | by Peter Svensson, AP Technology Writer

Apple is holding an event Wednesday in San Francisco, and has hinted that it will reveal a new iPad model.


Ford CEO Is $34.5M Richer After Stock Payout

March 7, 2012 10:13 am | by The Associated Press

United Auto Workers President Bob King has called Mulally's pay "morally wrong."

More Natural Gas Vehicles Hitting The Market

March 7, 2012 10:07 am | by Dee-Ann Durbin, AP Auto Writer

More natural gas-powered vehicles will hit the market soon, as rising gasoline prices, booming natural gas production and proposed tax credits make them a more attractive option.


U.S. Worker Productivity Growth Slowed In Q4

March 7, 2012 10:06 am | by Marting Crutsinger, AP Economics Writer

Fewer gains in worker output suggests employers must add workers if they want to meet higher demand.


Congress Approves Punitive Tariffs Against China

March 6, 2012 2:08 pm | by Jim Abrams, Associated Press

Congress is moving to reaffirm that the government has the right to impose higher tariffs on goods from countries that subsidize their exports to the United States.


Marchionne Urges EU To Move On Overcapacity

March 6, 2012 2:05 pm | by Colleen Barry, Associated Press

Fiat and Chrysler's CEO said that European officials need to provide a "concerted road map" for the auto industry to close idled plants — or risk the failure of European automakers.


3 Charged With Fraud Over Porsche's VW Bid

March 6, 2012 2:02 pm | by The Associated Press

Prosecutors filed credit fraud charges against officials with Porsche, alleging they gave false information during a failed takeover attempt.

Chrysler To Sell Natural Gas-Powered Truck

March 6, 2012 2:00 pm | by The Associated Press

Chrysler aims to be the first U.S. automaker to produce a factory-built pickup truck that is powered mainly by natural gas.


MO Lawmakers Push To Prevent Mamtek-Like Failures

March 6, 2012 1:59 pm | by The Associated Press

A Missouri House committee has endorsed several new mandates for state and local government after the planned construction of a sweetener plant failed last year.


Cyber-Hacking Team Busted In Wide Attacks

March 6, 2012 1:57 pm | by David B. Caruso, Associated Press

A group of expert hackers who attacked corporations around the globe have been arrested after its ringleader secretly began working as an informant for the FBI, authorities announced.


MS Offers $60M In Incentives For Proposed Plant

March 6, 2012 10:17 am | by The Associated Press

The state is offering $60M and Lowndes County is kicking another $16M for infrastructure improvements to support an operation that will melt gravel into silicon for everything from cosmetics to computer screens.


Survey: More Optimism About U.S. Jobs, Economy

March 6, 2012 10:15 am | by Christopher S. Rugaber, AP Economics Writer

By the end of 2013, economist predict unemployment will drop to 7.4 percent, down from their earlier estimate of 7.8 percent, according to the AP Economy Survey.


Peugeot To Raise $1.3B For GM Alliance

March 6, 2012 10:13 am | by The Associated Press

French carmaker PSA Peugeot Citroen announced it is looking to raise $1.3 billion in new capital to fund its tie-up with U.S. giant General Motors.

Official: Manufacturers Quit China For Philippines

March 6, 2012 10:11 am | by Teresa Cerojano, Associated Press

Philippine officials say rising labor costs in China's southern coast are driving big foreign manufacturers to relocate to the country.


iPad Dispute Signals New Era In Trademark Troubles

March 6, 2012 10:10 am | by Elaine Kurtenbach, AP Business Writer

China's importance as a major consumer market is bringing fresh headaches for companies, and even celebrities, seeking to protect and claim brand names.


Automakers Put Snarl In Small Car Design

March 6, 2012 10:08 am | by Colleen Barry, Frank Jordans, Associated Press

Small cars were looking more sleek and sporty at the Geneva Auto Show on Tuesday as global automakers struggling to make a profit in Europe tried to entice consumers to look past the continent's economic gloom.


Judge: Gov't Can Require Union Posters At Work

March 5, 2012 1:57 pm | by Sam Hananel, Associated Press

A federal judge ruled that the National Labor Relations Board can require most private businesses to put up posters telling workers they have a legal right to form a union.


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