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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Steel Industry Missing Out on Boom Cycle as Cuts Mount

February 2, 2015 11:00 am | by The Associated Press

Indiana's steel industry, which many hoped would be on the upswing after the end of the Great Recession, is struggling under the weight of cheap oil, a strong dollar and low prices, leading to hundreds of layoffs in just one week and uncertainty about the future.

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Fire at Plastics Factory Kills at Least 13

February 2, 2015 10:21 am | by The Associated Press

Officials say at least 13 people are dead after a fire swept through a plastic packaging factory in Bangladesh's capital, Dhaka.           

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More Than 2M Vehicles Recalled a 2nd Time for Faulty Air Bags

February 2, 2015 10:15 am | by Mae Anderson, The Associated Press

More than 2 million Toyota, Chrysler and Honda vehicles are being recalled for a second fix for faulty air bags that may inadvertently inflate while the car is running.                       

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Surveys: China Manufacturing Lost Steam in January

February 2, 2015 10:09 am | by Kelvin Chan, The Associated Press

Two reports show that Chinese manufacturing was anemic in January, adding to pressure on the government to roll out measures to boost the world's No. 2 economy.                         

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Numbers Show Mixed Economy, Rising Consumer Confidence

February 2, 2015 9:45 am | by Andrew Szal, Digital Reporter, IMPO

Year-end reports issued by federal officials show an improving economy, though growth remains slow and not without its hiccups. A new poll, however, says U.S. consumers are feeling better about the economy than at any point in the last decade.  

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U.S. Solar Manufacturing Rising on the Horizon

January 30, 2015 2:22 pm | by The Associated Press

From the end of 2014, solar deployment is slated to be up nearly 40% over 2013. Today, the booming demand for solar energy supports more than 173,000 jobs and the U.S. has become the third largest solar market in the world.       

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Bias Complaints to Daimler Portland Plant Settled for $2.4M

January 30, 2015 10:49 am | by Steven Dubois, The Associated Press

Daimler Trucks North America has settled discrimination complaints filed by six workers at its Portland plant by agreeing to pay $2.4 million.                               

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Pipeline Ruptures Plague Oil and Gas Industry

January 30, 2015 10:41 am | by Andrew Szal, Digital Reporter, IMPO

This week, a pipe in West Virginia became at least the fifth to rupture so far this year, exacerbating concerns about structural weaknesses and lax oversight in the industry.                     

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Compensation Rises at Fastest Pace Since Recession

January 30, 2015 10:16 am | by Andrew Szal, Digital Reporter, IMPO

U.S. workers saw their pay and benefits rise at the fastest rate since 2008 last year, according to the U.S. Department of Labor.                                   

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Senate Passes Bill Approving Keystone XL Oil Pipeline

January 30, 2015 10:08 am | by Dina Cappiello, The Associated Press

The Republican-controlled Senate on Thursday approved a bipartisan bill to construct the Keystone XL oil pipeline, defying a presidential veto threat and setting up the first of many battles with the White House over energy and the environment.

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Exploding Air Bag May Have Killed Texas Man

January 30, 2015 10:04 am | by Tom Krisher, Juan Lozano, The Associated Press

Federal safety regulators are looking into the death of a Texas man who may be the latest victim of exploding automobile air bags made by Takata Corp. of Japan.                         

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BP To Sell Part of its Gulf of Mexico Stake to Chevron

January 29, 2015 2:57 pm | by The Associated Press

BP is selling part of its stake in an emerging oil-producing region in the Gulf of Mexico to Chevron, and the two companies, along with Conoco Phillips, will work to develop the fields together.                

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Fed Sees Strengthening Economy, Stays 'Patient' on Rates

January 29, 2015 2:47 pm | by Martin Crutsinger, The Associated Press

The Federal Reserve's outlook for the U.S. economy is steadily brightening. Yet the Fed will be "patient" in raising interest rates from record lows.                             

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Leading Automotive Supplier to Expand in TN

January 29, 2015 2:16 pm | by The Associated Press

A leading global automotive supplier plans to build a new facility in McMinn County, Tennessee that's expected to create as many as 400 new jobs.                              

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U.S. Steel Warns of More Layoffs to Come

January 29, 2015 1:43 pm | by Maura Falk, Associate Editor

U.S. Steel warns employees that more layoffs may be coming down the road. The locations in question are the steel processing plant in Birmingham as well as a plant in Lone Star, Texas.                   

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U.S. Jobless Claims Fall to 15-Year Low

January 29, 2015 10:33 am | by Andrew Szal, Digital Reporter, IMPO

The U.S. Department of Labor announced Thursday the number of applications for unemployment aid fell by 43,000 last week. On a seasonally-adjusted basis, that would mean 265,000 Americans filing initial claims last week — the lowest amount since April of 2000.

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FACT CHECK: Both Sides in Keystone XL Debate Bend Facts

January 29, 2015 10:27 am | by Dina Cappiello, The Associated Press

Supporters of the Keystone XL pipeline say the project is a critically needed piece of infrastructure, while critics argue that it could be devastating to the environment. It is hard to tell who is right, but when forming an opinion everyone is entitled to the facts, so here are a few important fact checks on claims used by both sides of the argument. 

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Dean Foods Announces Closing of Century-Old Sheboygan Plant

January 29, 2015 10:02 am | by The Associated Press

Dean Foods says it will close its 100 year old dairy plant in Sheboygan in an effort to consolidate operations.                                       

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Ford Beats Estimates Despite Declines in Earnings, Revenue

January 29, 2015 9:54 am | by Dee-Ann Durbin, The Associated Press

Ford's net income tumbled in the fourth quarter as the company took an expected charge to deal with its struggling Venezuelan operations.                                 

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Industry Groups, Companies Criticize Proposed EPA Chemical Rule

January 29, 2015 9:44 am | by Andrew Szal, Digital Reporter, IMPO

Numerous industry groups and manufacturers and have taken issue with a proposal by the U.S. Environmental Protection Agency to regulate the use of 15 chemicals.                         

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