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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

IN Firm Aims To Help Double U.S. Exports

April 30, 2012 10:22 am | by Bowdeya Tweh, The Times

Trade officials want more small and mid-size businesses to boost their export capacity, which only requires "a good website," according to one Bill Keith.

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Samsung Puts Smartphone Crown In Dispute

April 30, 2012 10:19 am | by Peter Svensson, AP Technology Writer

Smartphones are the hottest gadgets in the world. But who's the biggest smartphone maker? We don't really know.

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With Shuttle's End, Space Firms Seek New Direction

April 30, 2012 10:18 am | by Stephen Singer, AP Business Writer

Companies have shifted business from space exploration. Lockheed Martin Corp. closed its shuttle tank production line in New Orleans in 2010, ending the jobs of about 1,400 workers.

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GM CEO's Compensation Tripled In 2011

April 27, 2012 1:57 pm | by Tom Krisher, AP Auto Writer

General Motors CEO Dan Akerson's compensation tripled in 2011 to $7.7 million as the company posted the biggest profit in its history.

Board Member: RIM Turnaround To Take Years

April 27, 2012 1:56 pm | by Rob Gillies, Associated Press

Prem Watsa, RIM's third-largest investor, said he sees his investment in the company as a long-term one, adding that RIM's fortunes won't be reversed soon.

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Ford 1Q Earns Fall On Europe Slump, Tax Rate

April 27, 2012 1:53 pm | by Dee-Ann Durbin, Tom Krisher, AP Auto Writers

North America propped up Ford Motor Co.'s profits in the first quarter, which otherwise took a beating from plummeting European sales and higher taxes.

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Clear Edge To Close NY Plants, Move Jobs To OK

April 27, 2012 1:51 pm | by The Associated Press

Officials say the new facility will accommodate Clear Edge's growing demand for their lines of industrial process filtration products.

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Ametek To Buy Parent Of German Automation Firm

April 27, 2012 1:50 pm | by The Associated Press

The privately held company makes motion-control systems for factory equipment and medical devices.

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Window, Door Maker Expands In Sioux City

April 27, 2012 1:48 pm | by The Associated Press

The new facility will allow Gerkin to increase glass production and allow for line expansion in the existing plant.

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Chrysler Posts Best Quarterly Profit In 13 Years

April 27, 2012 10:22 am | by Tom Krisher, AP Auto Writer

The company earned $473 million in the first quarter, mainly from strong U.S. sales, which rose 39 percent from January through March.

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Boeing To Roll Out First 787 Made In SC

April 27, 2012 10:20 am | by The Associated Press

State and federal officials as well as Boeing executives are to be on hand for Friday's rollout at the company's new manufacturing plant in North Charleston.

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Japan's Industrial Output Rises 1 Percent In March

April 27, 2012 10:18 am | by Malcolm Foster, Associated Press

Japan's industrial production rose 1 percent in March from February, led by output of automobiles, notebook computers and communications equipment amid a tentative upswing in the world's third-largest economy.

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Navajo Community Banks On Proposed Solar Array

April 27, 2012 10:16 am | by Susan Montoya Bryan, Associated Press

With tens of millions of acres held in trust for tribes, experts say Indian Country has the potential to supply more than four times the nation's electricity needs with solar.

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Lockheed Martin CEO Plans To Step Down

April 27, 2012 10:14 am | by The Associated Press

Lockheed Martin Corp. said Thursday that CEO Bob Stevens plans to step down and that its president and chief operating officer, Chris Kubasik, will take on the role at the start of the new year.

U.S. 1Q Growth Slowed To 2.2 Percent

April 27, 2012 10:13 am | by Marting Crutsinger, AP Economics Writer

The U.S. economy grew more slowly in the first three months of this year. Stronger consumer spending was offset by cutbacks in government spending and business investment.

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Damaged Resin Plant To Be Down At Least 6 Months

April 26, 2012 12:05 pm | by Tom Krisher, AP Auto Writer

The Evonik Industries AG plant was badly damaged in a March 31 explosion and fire, setting off a mad scramble by global automakers to find substitute materials.

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Jury Finds Ford At Fault In Crash Case

April 26, 2012 12:03 pm | by The Associated Press

A jury has found that defects in a tire sold by the Ford Motor Company were a factor in a 2003 Ford Bronco crash.

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Fiat 1Q Profits Triple Thanks To Chrysler

April 26, 2012 12:02 pm | by Colleen Barry, AP Business Writer

The automaker reported net profit of $137M for the period ending March 31, due to strong North American results and despite losses in Europe.

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Study Makes Economic Case For Renewable Energy

April 26, 2012 11:59 am | by Steve Szkotak, Associated Press

Pursuing a portfolio of renewable power sources such as solar to satisfy VA's energy appetite through 2035 would create tens of thousands more jobs than relying on either coal or natural gas, a study concludes.

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Goodrich 1Q Profit Falls, Plane Parts Sales Rise

April 26, 2012 11:57 am | by The Associated Press

Goodrich Corp., which supplies components for aircraft makers, said that first-quarter profit fell 4 percent on higher taxes and costs for its sale to United Technologies Corp.

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