Advertisement
News
Subscribe to IMPO Magazine News
View Sample

FREE Email Newsletter

IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Manufacturing Growth Hits Lowest Level In 2 Years

August 1, 2011 9:11 am | by Daniel Wagner, AP Business Writer

WASHINGTON (AP) — Manufacturers had their weakest growth in two years in July, a sign that the economy could weaken this summer. The Institute for Supply Management, a trade group of purchasing executives, said Monday that its index of manufacturing activity fell to 50.9 percent in July from 55.

American Axle 2Q Profit Nearly Doubles

August 1, 2011 5:37 am

DETROIT (AP) — Auto parts supplier American Axle & Manufacturing Holdings Inc. said Friday that its second-quarter profit nearly doubled on higher sales stemming from the continued increase in vehicle production. The Detroit-based company also boosted its profit prediction for the full year, citing updated production schedules at its customers and continued recovery in consumer demand for full-size pickup trucks and sport utility vehicles.

GM Received $17M In TN Grants Before Moving Jobs To MI

August 1, 2011 5:35 am

NASHVILLE, Tenn. (AP) — General Motors received nearly $17 million in job-training grants from the state of Tennessee nearly three years ago, tapping an unexpected source of cash at a time the automaker teetered on the brink of collapse, according to a published report. Those grants made GM the biggest single recipient of cash for job training from the Tennessee Department of Economic and Community Development, according to a database obtained by The Tennessean.

TOPICS:
Advertisement

Tyson Plans $48M Plant Renovation

August 1, 2011 5:33 am

COUNCIL BLUFFS, Iowa (AP) — Tyson Foods Inc. is moving ahead with a $48 million renovation at one of its plants in Council Bluffs. The Springville, Ark.-based company says Friday it will convert its cooked meats plant into a dry sausage and pepperoni operation. The project includes new equipment and a 60,000 square foot addition.

TOPICS:

NC Chicken Plants Closing, Over 1,000 Losing Jobs

August 1, 2011 5:31 am

RALEIGH, N.C. (AP) — All North Carolina operations of a chicken processor bought out of bankruptcy earlier this year are closing, leaving more than 1,000 people jobless. The closure of the Townsends plants in Siler City and Mocksville also ends contracts with about 200 chicken farmers in four counties, the News & Observer of Raleigh reported Saturday.

TOPICS:

Man Dies After Accident At Steel Plant

August 1, 2011 5:28 am

PEORIA, Ill. (AP) — A 51-year-old man is dead after an accident at the Keystone Steel & Wire Co. plant in central Illinois. Peoria County Coroner Johnna Ingersoll says maintenance worker David Hezlet of Cuba, Ill., was pronounced dead Sunday afternoon at OSF Saint Francis Medical Center.

TOPICS:

1,200 Workers Locked Out Of American Crystal Plants

August 1, 2011 5:25 am

MOORHEAD, Minn. (AP) — The union representing sugar processors says over 1,200 employees have been turned away from seven American Crystal Sugar plants in Minnesota, North Dakota and Iowa. Their labor contract expired at midnight Sunday after workers overwhelmingly rejected the company's final offer.

TOPICS:

Boston Scientific Will Cut Up To 1,400 Jobs

July 29, 2011 7:52 am | by Matthew Perrone, AP Health Writer

WASHINGTON (AP) — Medical device maker Boston Scientific Corp. reported better-than-expected earnings for the second quarter Thursday and announced it would reduce its staff by between 5 and 6 percent to streamline operations. The company announced a global restructuring program to eliminate unnecessary administrative positions and automate some production work.

TOPICS:
Advertisement

Would-Be Automaker Waits For Loans

July 29, 2011 7:34 am | by Alan Sayre, AP Business Writer

NEW ORLEANS (AP) — More than two years after unveiling a plan to build a fuel-efficient vehicle in Louisiana, startup automaker Next Autoworks Co. continues to play a long waiting game for federal financing with no end in sight. Touted in 2009 as one of the biggest all-new industrial projects in years, what was first known as V-Vehicle Co.

TOPICS:

Goodyear's 2Q Earnings Up 43 Percent

July 29, 2011 7:31 am | by Thomas J. Sheeran, Associated Press

CLEVELAND (AP) — Goodyear Tire & Rubber Co. reported a 43 percent surge in second-quarter earnings Thursday, helped by a 24 percent revenue increase. But Chairman and CEO Richard J. Kramer expressed caution Thursday about its core North American market, however. "These results will be difficult to repeat in the second half because of increasing raw material cost challenges and uncertain economic conditions," he said.

American Worker Dies After Industrial Accident

July 29, 2011 7:27 am

ALBUQUERQUE, N.M. (AP) — Authorities say an American Airlines worker is dead after an industrial accident at the Albuquerque International Sunport. Albuquerque police and airport authorities say they're investigating Thursday's accident, but didn't immediately release any details.

CAT Pays $2M For Clean Air Violations

July 29, 2011 7:25 am

PEORIA, Ill. (AP) — The U.S. Department of Justice says Caterpillar Inc. has agreed to pay $2.55 million to settle allegations it violated the U.S. Clean Air Act. The department said Thursday that it believes the Peoria, Ill.-based heavy equipment-maker shipped more than 590,000 engines that lacked proper emissions controls.

Webinar To Feature Iconic Inventor, FIRST Founder Dean Kamen

July 29, 2011 6:51 am

(Madison, WI & Edison, NJ) – On September 20, 2011 at 11:00 a.m. EST, IET Inspec and Automation Federation, along with support from Newark's element14 engineering community and Interpower will present an interactive webinar entitled; Great Minds on Innovation, Featuring Dean Kamen.

Lockheed Martin Wins $72M TSA Contract

July 29, 2011 5:11 am

ROCKVILLE, Md. (AP) — Lockheed Martin Corp. said Thursday it won two regional orders for a combined $72 million to help the U.S. government set up new passenger-screening equipment at about 300 airports. The orders from the Transportation Security Administration will cover airports in eastern and central states.

FL Workers Facing More Hurdles To Get Unemployment

July 29, 2011 5:09 am

TALLAHASSEE, Fla. (AP) — Florida's jobless workers are facing additional hurdles to qualify for state unemployment compensation. Several new requirements go into effect Monday under a law passed this year to help reduce unemployment taxes paid by businesses. Claimants will be required to contact at least five potential employers or else meet with a state reemployment services representative each week.

Spirit Workers Reject Nine-Year Contract

July 29, 2011 5:07 am

WICHITA, Kan. (AP) — Engineers and technical workers at Spirit Aerosystems have voted to reject the company's contract offer. Members of the Society of Professional Engineering Employees in Aerospace voted Thursday on a 9 1/2-year contract proposal. A strike vote was not on the ballot.

TOPICS:

Jury Rules For Ford In Case Of Burned Officer

July 29, 2011 5:04 am

YOUNGSTOWN, Ohio (AP) — A jury in Ohio has ruled in favor of Ford Motor Co. in the lawsuit of a former patrol officer severely burned in a crash in one of the automaker's police cruisers. The Vindicator of Youngstown reports the jury reached its verdict Tuesday, denying former Austintown officer Ross Linert's request for monetary damages.

Japan's Industrial Production On The Rise

July 29, 2011 5:02 am | by Tomoko A. Hosaka, Associated Press

TOKYO (AP) — Japan's industrial production rose for the third straight month in June as the world's No. 3 economy stages a recovery from the March 11 earthquake and tsunami. Factory output climbed 3.9 percent from the previous month and is expected to continue growing in the months ahead.

TOPICS:

Number Seeking Unemployment Falls Below 400,000

July 29, 2011 5:00 am | by Christopher S. Rugaber, AP Economics Writer

WASHINGTON (AP) — The number of people seeking unemployment benefits dropped last week to the lowest level since early April, a sign the job market may be healing after a recent slump. The Labor Department said Thursday that weekly applications fell 24,000 to a seasonally adjusted 398,000.

Police Investigating Blaze At Tire Plant

July 28, 2011 9:21 am

INDIANA, Pa. (AP) — Investigators searched a western Pennsylvania tire plant Thursday, a day after a reported explosion and fire in cold storage area of what a company official said is the oldest tire manufacturing plant in North America. The fire at Specialty Tires of America in Indiana, Pa.

TOPICS:

Pages

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading