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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

U.S. Trade Deficit Rose To $124.1B In 2011

March 14, 2012 2:16 pm | by Marting Crutsinger, AP Economics Writer

A slight drop in exports and a rise in imports pushed the trade gap to its widest point in three years.

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CAT Invests $20M In SC Manufacturing Plant

March 14, 2012 2:13 pm | by The Associated Press

The project will nearly triple the size of the Sumter plant. It will make large hydraulic cylinders that Caterpillar currently makes at its Joliet, Ill., plant.

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Atlanta Leaders Hope To Redevelop GM Plant

March 14, 2012 2:11 pm | by Jeff Martin, Associated Press

Leaders are meeting with President Obama's so-called "car czar" as they try to move ahead with plans to redevelop an abandoned General Motors plant in Doraville.

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Kodak Retirees Seek Committee To Protect Benefits

March 14, 2012 2:09 pm

Former Kodak employees are asking a judge to appoint a retiree committee to protect their benefits as the photography company reorganizes under bankruptcy protection.

Honda Mulls New Auto Plant In Indonesia

March 14, 2012 2:08 pm | by The Associated Press

Honda is planning to beef up its existing facilities in Indonesia and largely increase its annual production capacity.

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EPA Seeks Superfund Designation For AR Site

March 14, 2012 2:05 pm

The U.S. Environmental Protection Agency is proposing to add an abandoned chemical manufacturing facility in Phillips County to its list of Superfund sites.

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Solar Industry Reports Strong 2011

March 14, 2012 10:13 am | by Jonathan Fahey, AP Energy Writer

Solar power installations in the U.S. doubled in 2011, helped by plummeting solar panel prices and an expiring subsidy program.

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Canada Not Ruling Out Canceling F-35 Buy

March 14, 2012 10:12 am | by Rob Gillies, Associated Press

Julian Fantino said that Canada is considering "if and when" to sign a contract for the Lockheed Martin manufactured jet.

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Execs Guilty Of Fixing LCD Prices

March 14, 2012 10:09 am | by Paul Elias, Associated Press

A Taiwan company and its top executives have been found guilty of working with competitors to inflate prices of LCDs used in computer monitors and televisions.

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Honda To Recall 460,000 CR-Vs

March 14, 2012 10:07 am | by The Associated Press

Honda has notified Chinese authorities of a plan to recall a total of 459,962 units of the CR-V sport utility vehicle and other models to fix their defective horns.

Kohler Acquires Brazilian Generator Company

March 14, 2012 10:06 am | by The Associated Press

The Wisconsin manufacturing company says its acquired Maquigeral for part of its power systems group.

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Bank Surge Sends Dow To Highest Level Since 2007

March 14, 2012 10:04 am | by Matthew Craft, AP Business Writer

The combination of strong retail sales and the Fed announcement dampened hopes that the Fed would buy more bonds to stimulate the economy.

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Evergreen Solar Seeks OK To Abandon Plant

March 13, 2012 2:27 pm | by The Associated Press

Evergreen Solar is asking a bankruptcy judge for permission to walk away from its former plant in Devens.

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Obama Warns China Against 'Skirting The Rules'

March 13, 2012 2:25 pm | by Julie Pace, Associated Press

President Barack Obama warned China Tuesday that it would not be allowed to gain a competitive advantage in world trade by "skirting the rules."

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Plans For Pellet Plant Hinge On MN Bill

March 13, 2012 2:24 pm | by The Associated Press

The legislation exempts the proposed Magnetation Inc. pellet plant in Itasca County from certain state environmental reviews.

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Dow Chemical Plans For MI Dioxin Cleanup

March 13, 2012 2:22 pm | by The Associated Press

The plan will let Dow sample soil at up to 1,400 residential properties in Midland, home of its corporate headquarters.

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Romania Invests $97.5M To Help Ford Production

March 13, 2012 2:21 pm | by The Associated Press

The Romanian government says it will invest $97.5M of state aid to help production at its compact van factory Romania.

Unemployment Fell In 45 States In January

March 13, 2012 2:18 pm | by Christopher S. Rugaber, AP Economics Writer

The unemployment rate fell in 45 U.S. states in January, a sign that nearly all of the country is benefiting from an improving economy and job market.

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U.S., EU, Japan Challenge China Over Minerals Trade

March 13, 2012 10:20 am | by Don Melvin, Associated Press

The United States, the European Union, and Japan filed complaints with the WTO charging that China is limiting its export of rare earths that are vital to the production of technology components.

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Honda To Open Motorcycle Factory In Indonesia

March 13, 2012 10:18 am | by The Associated Press

Honda Motor Co. said it plans to open a new motorcycle plant in Indonesia with an annual output capacity of 1.1M units to meet growing local demand.

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