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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

NJ Officials Charge 29 In Counterfeit Goods Ring

March 5, 2012 1:52 pm | by David Porter, Associated Press

Two groups operating primarily out of China smuggled counterfeit items worth more than $300M to the U.S. in a ring that's one of the largest such scams ever uncovered, federal officials said.

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Panasonic Agrees To Sell TV Plant

March 5, 2012 1:46 pm | by The Associated Press

Panasonic has finalized an agreement on the sale of its liquid crystal display manufacturing plant to a new display venture to be created by the Innovation Network Corporation of Japan.

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U.S. Factory Orders Fell In January

March 5, 2012 1:44 pm | by Marting Crutsinger, AP Economics Writer

U.S. factory orders fell in January by the most in 15 months after businesses sharply reduced orders for machinery and equipment.

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New Bottling Plant To Add 110 PA Jobs

March 5, 2012 1:42 pm

Silver Springs Bottled Water said the plant will open under the name Crossroads Beverage Group LLC in an existing 324,000-square-foot facility.

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Ex-Glock Exec Found Guilty On Racketeering Charges

March 5, 2012 10:23 am | by The Associated Press

A former executive for Glock Inc. was convicted Friday of stealing a pistol from the gun manufacturing giant and stealing millions of dollars from his employer with the help of a colleague.

EU Group Protests China-Model Auto Purchase List

March 5, 2012 10:22 am | by The Associated Press

The European Chamber of Commerce in China said it is disappointed with a proposed list for official auto purchases that includes only car models from Chinese automakers.

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Bankruptcy Threatens iPad Trademark Challenger

March 5, 2012 10:19 am | by Elaine Kurtenbach, AP Business Writer

A major creditor of Proview Electronics, which is challenging Apple's use of the iPad trademark, has moved to have the ailing computer monitor maker liquidated, reports said.

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Screws Tighten On European Automakers

March 5, 2012 10:16 am | by Colleen Barry, AP Business Writer

As automakers prepare to roll out new models this week at the Geneva Auto Show, they are being forced to fight for a slice of an ever-shrinking market stricken with austerity and recession.

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Obama: Fuel-Efficient Cars An Answer To Gas Prices

March 5, 2012 10:14 am | by Jim Kuhnhenn, Associated Press

In his weekly radio and online address Saturday, Obama said Detroit automakers are on track to build cars that average nearly 55 miles per gallon by 2025, doubling current mileage standards.

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GM To Suspend Chevrolet Volt Production

March 5, 2012 10:12 am | by David Koenig, AP Business Writer

A GM spokesman said that the company will shut down production of the Volt from until April 23, idling 1,300 workers at the Detroit-Hamtramck assembly plant.

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U.S. Mothballs Airborne Missile Defense Weapon

March 2, 2012 2:05 pm | by The Associated Press

The Pentagon has mothballed a laser-equipped jumbo jet after 15 years and $5 billion worth of research to develop an airborne missile defense system.

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Kazakhstan's Air Astana Orders Boeing 787, 767

March 2, 2012 2:03 pm | by The Associated Press

Boeing said Air Astana has ordered seven planes, including three of its new 787s. The order would be worth $1.3 billion at list prices. 

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Union Says Sparrows Point To Idle Tin Mill

March 2, 2012 2:01 pm

Union officials say the owners of the Sparrows Point steel mill plan to temporarily idle the tin mill at the financially struggling plant.

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ND Officials Move To Take Over Sunflower Company

March 2, 2012 2:00 pm | by Dale Wetzel, Associated Press

North Dakota regulators filed court documents to take over the seed processing company that may owe farmers more than $4 million.

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Century Aluminum Factory Restart Possible

March 2, 2012 1:56 pm | by The Associated Press

Century says remaining factors include the aluminum market, a competitive labor agreement, and an energy contract.

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Hitachi To Up Global Output Of Mining Machines

March 2, 2012 1:54 pm | by The Associated Press

Hitachi Construction Machinery Co. said it will construct new plants and expand existing plants to increase its production capacity amid robust global demand.

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Detroit Is Ready For Rising Gas Prices

March 2, 2012 10:09 am | by Dee-Ann Durbin, Tom Krisher, AP Auto Writers

The Detroit Three have spent billions since 2008 to roll out new models such as the Dodge Dart and Chevrolet Cruze.

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German Court Dismisses Apple, Samsung Lawsuits

March 2, 2012 10:07 am | by The Associated Press

Court spokesman Joachim Bock said judges dismissed both cases involving alleged patent infringements of the companies' respective slide-to-lock technology on mobile devices.

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Abbott To Spend $270M On OH Nutritional Plant

March 2, 2012 10:05 am | by The Associated Press

Health care product maker Abbott Laboratories says it will spend $270 million on a new plant in Ohio and employ 240 workers to make nutritional drinks.

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U.S. Still Interested In Brazilian Military Aircraft

March 2, 2012 10:03 am | by Jenny Barchfield, Associated Press

The U.S. is still interested in the Super Tucano aircraft, a State Department official said days after the Air Force said it was rescinding a $354M contract for such aircraft.

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