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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Coca-Cola Income Rises 16 Percent, Volumes Up

July 21, 2010 4:41 am | by Emily Fredrix, AP Retail Writer

NEW YORK (AP) — Coca-Cola Co.'s second-quarter net income climbed 16 percent as the world's largest drink maker sold more soft drinks and juices in every part of the world except Europe. The Atlanta-based maker of Coke and Sprite left its 2010 guidance unchanged Wednesday but said it remains cautious about meeting its targets.

Gerber To Upgrade Ark. Facility, Hire 50 Workers

July 21, 2010 4:40 am | by Chuck Bartels, AP Business Writer

LITTLE ROCK, Ark. (AP) — A Gerber baby food plant in Fort Smith will get a $90 million upgrade and hire 50 more workers to operate a new infant cereal line, parent company Nestle Nutrition North America announced Tuesday. The plant already employs 650 people and plays an important role in the economy of the city of 84,000.

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Devastating Fire At Go-Kart Manufacturer Caused By Arson

July 21, 2010 4:38 am

BRUNDIDGE, Ala. (AP) — The state fire marshal's office says a fire at a go-kart manufacturing plant in Pike County last week was caused by arson. Steve Holmes, a spokesman for the fire marshal's office, said Tuesday inviestigators have discovered the origin and cause of the blaze at the Carter Brothers manufacturing plant, located off U.

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Fiat Posts Profit, Agrees To Split Into Two

July 21, 2010 4:37 am | by Colleen Barry, AP Business Writer

MILAN (AP) — The Italian automaker Fiat, which controls Chrysler, on Wednesday reported a return to second-quarter profits on improved sales of agriculture equipment and trucks, and said it may raise its 2010 forecasts. Fiat also said its board approved the plan to separate its industrial vehicle and auto businesses into two distinct companies in order to "give birth" to a global automotive company that will incorporate Chrysler LCC.

Plane Makers Rack Up $25 Billion In Orders

July 21, 2010 4:36 am | by Emma Vandore and Jane Wardell, AP Business Writers

FARNBOROUGH, England (AP) — Plane makers notched up more orders on the third day of the Farnborough International Airshow on Wednesday — bringing the tally past $25 billion — as a resurgence in commercial aviation offset the gloom from governments' sharp cuts to defense programs.

FDA Scrutinizes Another J & J Manufacturing Facility

July 20, 2010 5:07 am

by Linda A. Johnson, AP Business Writer TRENTON, N.J. (AP) — A second Johnson & Johnson medicine factory is under scrutiny from federal regulators, while the company struggles to deal with bad publicity and repeated recalls at another factory. The healthcare giant in April shut down a plant in Fort Washington, a Philadelphia suburb, that's now linked to eight recalls of Tylenol and other nonprescription drugs for children and adults.

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Toyota Subpoenaed By Grand Jury Over Steering Rods

July 20, 2010 4:59 am | by Shino Yuasa, Associated Press Writer

TOKYO (AP) — Toyota Motor Corp. said Tuesday it has been subpoenaed by a federal grand jury in New York to submit documents related to problems with rods that connect a vehicle's steering system to its front wheels. The world's largest automaker, which is trying to repair a reputation damaged by recalls of millions of cars worldwide since October, said the federal grand jury issued the subpoena to its U.

Johnson &amp Johnson Raises Income Despite Recalls

July 20, 2010 4:38 am

NEW BRUNSWICK, N.J. (AP) — Healthcare giant Johnson & Johnson on Tuesday posted a 7.5 percent increase in second-quarter income despite ongoing recalls of popular nonprescription medicines keeping sales flat. Still, the maker of Band-Aids, birth control and biotech drugs reduced its profit forecast for the year by 15 cents a share.

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Briggs & Stratton Saves 640 Jobs Through Renovation

July 20, 2010 4:33 am

MURRAY, Ky. (AP) — Outdoor power equipment maker Briggs & Stratton Corp. is renovating its western Kentucky plant, keeping 640 jobs in Murray. Gov. Steve Beshear was in Murray on Monday for the announcement and said the decision by the company will have tremendous economic impact across the state.

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Harley-Davidson Income Soars, But Sales Still Sluggish

July 20, 2010 4:32 am | by Dan Strumpf, AP Auto Writer

NEW YORK (AP) — A rebound at its financial services business and stabilizing sales of its high-end motorcycles sent Harley-Davidson's net income soaring in the second quarter, but the company cautioned that the market for its two-wheelers will remain challenging this year. Harley, which has been restructuring for more than a year, said worldwide retail sales of its motorcycles fell 5.

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Honda To Sell Electrics, Plug-In Hybrids In 2012

July 20, 2010 4:30 am | by Yuri Kageyama, AP Business Writer

WAKO, Japan (AP) — Honda will start selling an electric vehicle as well as a plug-in hybrid in 2012 in the U.S. and Japan, joining the race to manufacture green cars in which rivals have already taken slight leads. The plans were disclosed by Honda Motor Co. President Takanobu Ito at the Japanese automaker's facility in a Tokyo suburb Tuesday.

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China Overtakes U.S. As World's No. 1 Energy Hog

July 20, 2010 4:29 am | by Jenny Barchfield, Associated Press Writer

PARIS (AP) — China has overtaken the United States as the world's largest energy consumer, the International Energy Agency said Tuesday. China immediately questioned the calculation. The Paris-based agency said China's 2009 consumption of energy sources ranging from oil and coal wind and solar power was equal to 2.

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Manufacturer To Build Electric Boats, Cars In Louisiana

July 19, 2010 4:57 am

VIVIAN, La. (AP) — A new boat manufacturer is coming to the Caddo Manufacturing plant in Vivian. Epic Wake Boats has announced it will use the facility and the plant's workforce to produce its electric and hybrid boats. The Times of Shreveport reports that the company's plans also include producing two electric cars, which are built more for recreation than everyday commuting.

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Fire Investigation Could Influence $55 Million Lawsuit

July 19, 2010 4:55 am

ST. CHARLES, Minn. (AP) — A state investigation into the fire that destroyed North Star Foods in St. Charles pinpointed where the blaze started, but does not answer what caused it to ignite in the first place. The April 2009 fire forced a citywide evacuation of the southeast Minnesota town and left more than 200 people without jobs.

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Air Show Leads To Lift-Off In Boeing, Airbus Sales

July 19, 2010 4:53 am | by Emma Vandore and Jane Wardell, AP Business Writers

FARNBOROUGH, England (AP) — Arch rivals Boeing Co. and Airbus announced new orders worth almost $13 billion at the start of the Farnborough International Airshow on Monday, raising hopes that the aviation industry is on the way back up after a dire two-year slump. The aerospace market "has come back faster than we expected" and Boeing has twice raised its internal forecasts for the number of orders at the biennial show, said Boeing Commercial Airplanes President Jim Abaugh.

Oil Boom Manufacturing Jumpstarts Washington County, Ga.

July 19, 2010 4:41 am | by S. Heather Duncan, Associated Press Writer

MACON, Ga. (AP) — The manufacture of booms to help clean up the Gulf oil spill has become a boon to Washington County. The booms manufactured by Meltblown Technologies are used to corral oil floating on the surface and can be linked to form miles of barriers to absorb oil and prevent its spread.

Can Too Much Wind Power Be A Bad Thing?

July 19, 2010 4:39 am | by Ted Sickinger, Associated Press Writer

PORTLAND, Ore. (AP) — On the afternoon of May 19, in a single chaotic hour, more than a thousand wind turbines in the Columbia River Gorge went from spinning lazily in the breeze to full throttle as a storm rolled east out of Hood River. Suddenly, almost two nuclear plants worth of extra power was sizzling down the lines — the largest hourly spike in wind power the Northwest has ever experienced.

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GM Closure, Gulf Spill Create 'Perfect Storm' For La. Economy

July 19, 2010 4:36 am | by Alan Sayre, Associated Press Writer

NEW ORLEANS (AP) — In the blink of an eye, the economic focus in Louisiana has shifted from recession recovery to avoiding actual and potential job losses piling up at a staggering rate. And there's very little that the state can do: The tally is due to the Obama administration decisions affecting petroleum, defense and space — all coming together in a perfect storm.

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GE Nets First Profit Since 2007 On Cost Cutting

July 16, 2010 4:37 am | by Stephen Manning, AP Business Writer

Cost cuts and an improved financial business helped General Electric Co. post its first increase in quarterly profit since 2007, but sales remained sluggish for the industrial giant. The second-quarter results showed that challenges remain for the economy and GE, one of the world's largestindustrial and financial companies.

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Ethanol's Time Fading As $6 Billion In Subsidies Expire

July 16, 2010 4:36 am | by Mary Clare Jalonick, Associated Press Writer

WASHINGTON (AP) — The once-popular ethanol industry is scrambling to hold onto billions of dollars in government subsidies, fighting an increasing public skepticism of the corn-based fuel and wariness from lawmakers who may divert the money to other priorities. The industry itself can't agree on how to persuade Congress to keep the subsidies, which now come in the form of tax credits worth about $6 billion annually.

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