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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Canadian Solar In $185M Deal With SkyPower

April 18, 2012 2:23 pm | by The Associated Press

Canadian Solar Inc. said that it will buy a majority stake in 16 solar power projects from SkyPower Ltd. and launch a joint venture in a deal valued at $185M.

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Whirlpool Loses Appliance 'Dumping' Case

April 18, 2012 2:22 pm | by The Associated Press

Whirlpool Corp. has lost the latest round in its battle with competitors over imports from South Korea and Mexico.

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AUDI AG Acquires Motorcycle Manufacturer Ducati

April 18, 2012 2:21 pm

AUDI AG is acquiring from Investindustrial Group the tradition-steeped Italian sports motorcycle manufacturer Ducati Motor Holding.

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Oracle CEO Mulled Expansion Into Smartphones

April 18, 2012 10:31 am | by Michael Liedtke, AP Technology Writer

Oracle CEO Larry Ellison wanted to compete against Google's Android software in the smartphone market before deciding instead to sue his potential rival for copyright and patent infringement.

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MI Lawmakers May Curb Business Equipment Tax

April 18, 2012 10:29 am | by Tim Martin, Associated Press

Michigan lawmakers sought to again lower the tax burden on businesses by introducing legislation that would phase out a tax on industrial machinery and some other equipment.

Bobcat Expanding In Bismarck, Creating 200 Jobs

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

The expansion, which spokeswoman Laura Ness Owens said will cost at least $8 million, is expected to be completed by the end of 2014.

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Mitsubishi Heavy To Produce Gear-Making Machines

April 18, 2012 10:26 am | by The Associated Press

Mitsubishi Heavy Industries said it will start producing gear cutting machines in India starting October to tap into growing demand in the country's auto and motorcycle sectors.

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ASML 1Q Earnings Fall 24 Percent

April 18, 2012 10:24 am | by The Associated Press

The largest supplier of manufacturing equipment to computer chip makers reported a 24 percent fall in earnings for the first quarter, as its backlog of orders from big clients such as Intel and Samsung tapered off.

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AAM, Partners Win “Campaign Of The Year” Award

April 18, 2012 10:22 am

The Alliance for American Manufacturing (AAM) and several of its partners were awarded the 2012 Campaign Excellence Award for “Public Affairs Campaign of the Year” from the American Association of Political Consultants (AAPC).

Appeals Court Blocks Gov't Rule On Union Posters

April 17, 2012 2:04 pm | by Sam Hananel, Associated Press

A federal appeals court On Tuesday temporarily blocked the National Labor Relations Board from making millions of businesses put up posters informing workers of their right to form a union.

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Rebates To Cut Price Of $60 LED Bulb

April 17, 2012 2:02 pm | by Peter Svensson, AP Technology Writer

The bulb is the most energy-efficient yet, lasts about 20 years and is supposed to give off a pleasing, natural-looking light.

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High Court Steps Into Copyright Case

April 17, 2012 2:00 pm | by Mark Sherman, Associated Press

The issue at the Supreme Court is whether U.S. copyright protection applies to items that are made abroad, purchased abroad and then resold in the U.S. without the permission of the manufacturer.

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Malaysia Proton Launches Sedan To Grow Sales

April 17, 2012 1:58 pm | by Eileen Ng, Associated Press

Malaysia's national carmaker Proton has launched a new sleek sedan that it hopes will pimp its faded brand and spearhead an increase in overseas sales.

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Boeing Signs Supply Deal With Abu Dhabi Company

April 17, 2012 1:56 pm | by Adam Schreck, AP Business Writer

Abu Dhabi's state-owned Mubadala Aerospace signed a deal Tuesday with Boeing Co. to build carbon composite parts for the American planemaker's 777 and 787 jetliners.

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U.S. Factory Output Drops After 3 Months Of Gains

April 17, 2012 1:54 pm | by Marting Crutsinger, AP Economics Writer

U.S. factory production fell in March after companies made fewer electronic products, steel, and other metals.

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First Solar Lays Off 2,000 As Demand Wanes

April 17, 2012 10:13 am | by Chris Kahn, AP Energy Writer

First Solar Inc. is laying off 2,000 workers and closing its plant in Frankfurt, Germany, in response to waning demand for solar panels and increased competition from China.

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Chemical Plant Shutdown Could Cut Auto Production

April 17, 2012 10:12 am | by Dee-Ann Durbin, Tom Krisher, AP Auto Writers

The potential shortage of a key component used to make fuel lines and brake lines could force automakers in the U.S. and around the world to close car and truck plants as they run short of parts.

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Tornado Damage Stalls Wichita Aircraft Industry

April 17, 2012 10:10 am | by Heather Hollingsworth, Associated Press

Tornado damage in Kansas' aircraft manufacturing hub could have a ripple effect on the industry, analysts warned.

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Moody's Sees Toyota Profit Margins As Under Pressure

April 17, 2012 10:09 am | by The Associated Press

Moody's Japan K.K. said Tuesday that Toyota Motor Corp.'s profit margins "have come under pressure" as the company has failed to raise prices in overseas markets or reduce costs enough to offset the strong yen.

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Oracle Skewers Google As Android Trial Opens

April 17, 2012 10:06 am | by Michael Liedtke, AP Technology Writer

Oracle began Monday trying to convince a jury that Google's top executives have long known that they stole a key piece of technology to build the Android software that now powers more than more than 300 million smartphones and tablet computers.

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