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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Canadian Solar To Make Panels In Japan

May 14, 2012 10:23 am | by The Associated Press

The world's fifth largest solar module maker plans to build a plant in Japan as early as fiscal 2013 to become the first foreign manufacturer to produce solar panels in the country, company sources said.


Yamaha Motor To Build Motorcycle Factory In India

May 14, 2012 10:21 am | by The Associated Press

The factory will be located on the outskirts of the city of Chennai, Tamil Nadu state, with operations scheduled to commence in 2014 and annual production targeted at 1.8 million units by 2018.


Legendary Car Designer, Racer Shelby Dies At 89

May 14, 2012 10:19 am | by Jeff Wilson, Associated Press

A one-time chicken farmer, Shelby was credited with injecting testosterone into Ford's Mustang and Chrysler's Viper.


Tractor Plant Proposes $3M ND Expansion

May 14, 2012 10:16 am | by The Associated Press

A tractor plant in Fargo is requesting a five-year tax break on an addition that owners say will add 48 jobs with an annual payroll of more than $3 million.


Harley-Davidson Shares Fall On Sales Worries

May 11, 2012 2:00 pm | by The Associated Press

Shares of Harley-Davidson tumbled Friday on concerns of a possible slowdown in demand for high-end motorcycles.


Nissan Profit Soars Amid Disaster

May 11, 2012 1:58 pm | by Yuri Kageyama, AP Business Writer

Nissan Motor Co.'s January-March profit more than doubled to $941M as the Japanese automaker achieved record sales despite production disruptions from last year's tsunami.


China's Huawei Hopes To Make A Name For Itself

May 11, 2012 1:56 pm | by Peter Svensson, AP Technology Writer

Will Americans buy a Chinese smartphone? We're about to find out, as Huawei, one of the world's biggest phone makers, is planning a big push into U.S. cellphone stores.


Panel: Chemical Industry Needs Risk Guidance

May 11, 2012 1:55 pm | by The Associated Press

The chemical industry needs guidance in choosing alternative processing methods to reduce or eliminate hazards, a national panel said in a report released Friday.


Foxconn To Build Shanghai HQ For China Market

May 11, 2012 1:53 pm | by Elaine Kurtenbach, AP Business Writer

China is viewing the low-cost export manufacturing that has transformed it in the past few decades as one that must change to a growth model based more on domestic demand.


Cheaper Gas Drives U.S. Wholesale Price Index Lower

May 11, 2012 1:51 pm | by Marting Crutsinger, AP Economics Writer

A big decline in gas and energy costs drove a measure of U.S. wholesale prices lower in April. Outside that drop, prices barely rose.


Digital 'Wallets' Proliferate At Cellphone Show

May 11, 2012 10:07 am | by Peter Svensson, AP Technology Writer

Electronics manufacturers, phone companies, banks, and credit card issuers expect cellphones to be the main way consumers pay for purchases in the not-so-distant future.


Dismal China, India Data Signal Slowing Growth

May 11, 2012 10:05 am | by Elaine Kurtenbach, AP Business Writer

Dismal data from China and India on Friday may signal a further weakening of the global recovery, undermining hopes the dynamic emerging economies of Asia can help prop up growth.


Firm Seeks To Operate WY Rare Earth Mine

May 11, 2012 10:04 am | by Laura Hancock, Gillette News Record

Rare Element Resources promises high-wage jobs and economic vitality to an area where 40 percent of the population is age 50 or older.


Study Needed Before Ending C-130 Program

May 11, 2012 10:02 am | by Ken Miller, Associated Press

A bill that would delay efforts to end a program at Oklahoma City's Boeing plant to upgrade C-130 cockpits was approved by the U.S. House Armed Services Committee.


Sony Reports Record Annual Loss

May 11, 2012 9:59 am | by Yuri Kageyama, AP Business Writer

Sony racked up a record annual loss of $5.7B in its fourth year of red ink as the once-glorious maker of the Walkman struggles toward a turnaround under a new president.


CAT To Sell Logistics Unit Stake For $750M

May 11, 2012 9:58 am | by The Associated Press

Caterpillar is selling a majority stake in a logistics division for about $750 million to better focus on its core businesses.


U.S. Trade Gap Widens At Fastest Pace In 10 Months

May 10, 2012 2:27 pm | by Marting Crutsinger, AP Economics Writer

A rise in consumer goods lifted imports to a record level, outpacing a solid gain in U.S. exports.


Ford Investors Shower Execs With Praise

May 10, 2012 2:25 pm | by Randall Chase, AP Business Writer

Shareholders expressed confidence in Ford's management, with more than 96 percent of the nonbinding say-on-pay vote supporting the company's executive compensation.

ArcelorMittal Net Profit Drops In 1st Quarter

May 10, 2012 2:23 pm | by The Associated Press

The world's biggest steel maker posted a sharp drop in 1Q net profit, announcing earnings of $11M compared with $1.069B for the same period a year ago.


Obama Dings Romney's Claim Of Credit For Autos

May 10, 2012 2:21 pm | by The Associated Press

Obama says people remember that Romney's stance was that Detroit should have been allowed to go through bankruptcy without taxpayer help.


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