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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Corporate Profits Aren't What They Seem

February 7, 2012 2:27 pm | by Bernard Condon, AP Business Writer

While other parts of the economy struggled the past two years, large companies managed to rack up higher profits quarter after quarter. Now reality is catching up with big business.

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Bradley County Approves $1M Tax Abatement

February 7, 2012 2:24 pm | by The Associated Press

Bradley County officials approved on Monday a one-time property tax abatement for Wacker Polysilicon, which is building a plant in Charleston that will produce polysilicon for solar panels.

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Job Openings Jump To Near A 3-Year High

February 7, 2012 2:22 pm | by Christopher S. Rugaber, AP Economics Writer

Companies and governments posted 3.38 million jobs in December, the Labor Department said Tuesday. That's up from the 3.12 million advertised in the previous month.

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Car Makers Asked To Oppose Immigration Law

February 7, 2012 10:15 am | by Jay Reeves, Associated Press

Opponents of Alabama's crackdown on illegal immigration said Monday they have asked the state's three international automakers to help fight for repeal of the law.

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Apps: Promising Career Opportunities

February 7, 2012 10:12 am | by Michael Liedtke, AP Technology Writer

A new study suggests that there are promising career opportunities in apps — the services and tools built to run on smartphones, computer tablets, and Facebook's online social network.

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Boeing Finds Problem In 787 Tails

February 7, 2012 10:09 am | by The Associated Press

Boeing said on Monday that repairs are needed in the tail sections of some of its new 787s, although it said there's no immediate safety concern.

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Electric Car Maker Fisker Lays Off U.S. Workers

February 7, 2012 10:07 am | by Randall Chase, AP Business Writer

Fisker Automotive, an electric car maker that received a half-billion-dollar loan from the federal government, said that it has laid off workers in Delaware and California.

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RIM May Not Have Many Suitors

February 7, 2012 10:04 am | by LuAnn LaSalle

Research In Motion may not have many suitors at home or abroad especially with Prime Minister Stephen Harper's comments that he would like to see the BlackBerry maker remain a Canadian company, analysts said Monday.

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Toyota Lifts Profit Forecast As Disaster Woes Fade

February 7, 2012 10:01 am | by Yuri Kageyama, AP Business Writer

Toyota's quarterly profit slid 13.5 percent on production setbacks caused by last year's tsunami disaster and the flooding in Thailand, but Japan's top automaker raised its annual earnings forecast, saying a recovery is on track.

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Atomic Bomb Plant Demolition Continues

February 6, 2012 2:45 pm | by Frank Munger

The world's largest building at the time of its construction in World War II, is getting smaller by the day as workers take down the brawny facilities that once processed uranium for atomic bombs.

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Senate Seeks More Cybersecurity Regulation

February 6, 2012 2:42 pm | by Lolita C. Baldor, Associated Press

Legislation set to come out in the days ahead is intended to ensure that computer systems running power plants and other essential parts of the country's infrastructure are protected.

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Obama Pushes Veterans Jobs Programs

February 6, 2012 2:39 pm | by Kevin Freking, Associated Press

In an effort to cut the unemployment rate among veterans, President Barack Obama is calling for a new conservation program that would put veterans to work rebuilding trails, roads and levees on public lands.

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U.S. Ends Spat With EU, Japan Over Dumping

February 6, 2012 2:36 pm | by The Associated Press

U.S. trade officials say under a deal signed Monday in Geneva the U.S. will bring the way it determines tariffs on goods exported at below-market price into line with World Trade Organization rules.

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China Bars Its Airlines From Paying Carbon Tax

February 6, 2012 2:32 pm | by Joe McDonald, AP Business Writer

China announced Monday it will prohibit its airlines from paying European Union charges on carbon emissions, ratcheting up a global dispute over the cost of combating climate change.

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Orthopedics Maker To Pay $22M For Bribes

February 6, 2012 2:28 pm | by Marcy Gordon, AP Business Writer

Smith & Nephew has agreed to pay $22.2M to settle criminal and civil allegations that it bribed doctors to win business.

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Prius Remains Top Seller

February 6, 2012 10:40 am | by The Associated Press

The Prius hybrid of Toyota Motor Corp. more than doubled from a year earlier in January to 29,108 units, staying as Japan's best-selling vehicle for the eighth consecutive month, industry bodies said.

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Mitsubishi To Stop Making Cars In Western Europe

February 6, 2012 10:38 am | by Toby Sterling, AP Business Writer

Mitsubishi Motors Corp. said Monday it will stop building cars at its Netherlands factory — the company's only plant in Western Europe — at the end of 2012.

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Jobless Rate At 8.3 Percent

February 6, 2012 10:35 am | by Christopher S. Rugaber, AP Economics Writer

The unemployment rate came down by two notches from December. It has fallen five months in a row, the first time that has happened since 1994.

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CAT Closure A Blow To Canada Mfg

February 6, 2012 10:32 am | by The Associated Press

Facing new competition from low-cost countries, the sector faces a tough future.

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GM Says Most Of Its Dealers Will Upgrade

February 6, 2012 10:28 am | by Dee-Ann Durbin, AP Auto Writer

The upgrades include more modern interiors and some dealers might also open cafes or salons.

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