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Daily industrial news and top headlines for plant and maintenance managers

Apple Lent Weight To Dividend Comeback In 1Q

April 6, 2012 1:56 pm | by Dave Carpenter, AP Personal Finance Writer

A dividend comeback that picked up speed last year got a jolt of new momentum recently when the biggest payer yet jumped on the bandwagon.

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Kyocera To Set Up Joint Venture In India

April 6, 2012 1:53 pm | by The Associated Press

Kyocera Corp. said it will set up a joint venture in India in June to make cutting tools for industrial uses such as manufacturing vehicle parts.

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Ford Increases Full-Year U.S. Sales Forecast

April 6, 2012 1:52 pm | by The Associated Press

Ford Motor Co. is raising its forecast for U.S. auto sales this year, citing improving consumer confidence, employment, and low interest rates.

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U.S. Economy Adds Jobs, Jobless Rate At 8.2 Percent

April 6, 2012 9:55 am | by Paul Wiseman, AP Economics Writer

The job market slowed in March as companies hit the brakes on hiring amid uncertainty about the economy's growth prospects.

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Toyota Sells 5M Units Under Global Vehicle Project

April 6, 2012 9:53 am | by The Associated Press

Under the Innovative International Multipurpose Vehicle project to develop and produce vehicles overseas to best suit local demand, Toyota created 330 variations of the vehicles using two vehicle platforms.

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Ferdinand Porsche, 911 Sports Car Designer, Dies

April 6, 2012 9:51 am | by David McHugh, AP Business Writer

Porsche CEO Matthias Mueller paid tribute to the 911 creator, saying in a statement that he "founded a culture of design in our company that distinguishes our sports cars even today."

Mitsubishi Chief Eyes Project-By-Project Tie-Ups

April 6, 2012 9:49 am | by The Associated Press

Masuko said his company is looking toward tie-ups with other automakers on individual projects, but would be reluctant to form a capital alliance.

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UAW Sees Membership Growth At Kokomo Plants

April 6, 2012 9:45 am | by Daniel Human

Following a nationwide trend in 2011, United Auto Workers' locals in Kokomo handed out a few more union cards as automakers hired after years of layoffs that severed UAW's membership.

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Spirit Aerosystems Opens KS Plant

April 6, 2012 9:43 am | by The Associated Press

Spirit Aerosystems, the company formed from Boeing Commercial Airplanes' spinoff of its Wichita operation, has opened a new manufacturing plant in southeastern Kansas.

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Ford To Expand Chinese Factories Again

April 5, 2012 2:03 pm | by The Associated Press

Ford will expand its biggest factory complex in China to meet growing demand in the world's largest car market.

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U.S. Unemployment Claims Hit 4-year Low

April 5, 2012 2:02 pm | by Christopher S. Rugaber, AP Economics Writer

The number of people seeking U.S. unemployment benefits fell to a four-year low last week, suggesting employers kept hiring in March at a healthy pace.

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Fisker Plan To Build Cars In DE In Doubt

April 5, 2012 1:59 pm | by The Associated Press

The chief executive of electric car maker Fisker Automotive has signaled that plans to build vehicles at a former General Motors plant in Delaware may be in jeopardy because of trouble obtaining a loan from the federal government.

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Nissan Wants To Woo More U.S. Car Buyers

April 5, 2012 1:57 pm | by Dee-Ann Durbin, AP Auto Writer

The company promises more emphasis on fuel economy, more luxurious interiors, handsome and consistent styling and updated dashboard technology.

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Chrysler Brings Back The Sizzling SRT Viper

April 5, 2012 1:54 pm | by Dee-Ann Durbin, AP Auto Writer

The 2013 Viper, introduced Wednesday at the New York Auto Show, is the fifth generation of the iconic two-seater, which first went on sale as the Dodge Viper in 1992.

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Toyota Industries To Set Up Forklift Plant In Brazil

April 5, 2012 1:52 pm | by The Associated Press

Toyota Industries Corp. said the manufacturing plant in Sao Paulo, Brazil will replace a large portion of its imports from the United States with local production and boost sales in the country's growing market.

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Former Volvo Execs Convicted Of Iraq Bribes

April 4, 2012 2:19 pm | by The Associated Press

Two former executives at AB Volvo's construction equipment unit have been convicted of violating U.N. sanctions during Saddam Hussein's regime.

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CA City Takes Solar Firm's Bankruptcy In Stride

April 4, 2012 2:17 pm | by The Associated Press

Michael Picker, the governor's senior adviser on renewable energy facilities, said he's optimistic the Blythe project will eventually be completed.

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Facebook Responds To Yahoo With Own Patent Suit

April 4, 2012 2:15 pm | by Barbara Ortutay, AP Technology Writer

Facebook is stepping up its patent dispute with Yahoo by filing its own lawsuit against the struggling Internet icon.

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UAW Workers Returning To TN GM Plant

April 4, 2012 2:12 pm | by The Associated Press

The Daily Herald said some workers previously worked as UAW team leaders when the Chevrolet Traverse completed its build out in November 2009, then was idled.

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Hawker Beechcraft Struggling Under Debt, Losses

April 4, 2012 2:10 pm | by Roxana Hegeman, Associated Press

Hawker Beechcraft Inc. has told federal regulators it expects to record losses of nearly $482 million for 2011 when it files its annual report later this month.

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