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After a Solid Run of Advances, Manufacturing Takes a Slight Step Back

October 17, 2014 | by MAPI Foundation | Comments

A nearly two-year upward trend experienced a hiccup according to the quarterly MAPI Foundation Business Outlook, a survey conducted by the MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity and Innovation.

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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

General Motors' Legal Chief to Retire

October 20, 2014 10:07 am | by The Associated Press

General Motors' chief lawyer Michael Millikin, who withstood withering criticism from lawmakers for his department's handling of an ignition switch recall, is retiring early next year.                   

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Federal Reserve Chair Greatly Concerned by Widening Inequality

October 20, 2014 9:52 am | by Martin Crutsinger, The Associated Press

Federal Reserve Chair Janet Yellen sounded an alarm Friday about widening economic inequality in the United States, suggesting that America's longstanding identity as a land of opportunity was at stake.             

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Electrolux Buoyed by U.S. Growth

October 20, 2014 9:36 am | by The Associated Press

Growth in the U.S. and efficiency gains in Europe helped Swedish home-appliance maker Electrolux post a 42 percent jump in third-quarter profits.                              

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Survey: Pay Remains Stagnant Despite Strong U.S. Hiring

October 20, 2014 9:28 am | by Christopher Rugaber, The Associated Press

U.S. businesses were much less likely to boost pay in the third quarter than in previous months, even as hiring remained healthy, a sign that wage gains may remain weak in the coming months.                  

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VibrAlign Expands Shaft Alignment Training

October 17, 2014 3:19 pm | by VibrAlign, Inc.

VibrAlign, Inc., American distributor of Fixturlaser Alignment tools, is proud to announce the expansion of their offerings as a shaft alignment training provider.                         

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U.S. Economy Strong Despite Global Slowdown Fear

October 17, 2014 1:54 pm | by Paul Wiseman, The Associated Press

Beyond the turmoil shaking financial markets, the U.S. economy remains sturdier than many seem to fear.                                          

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iPhone Glass Maker Cutting Jobs in Arizona

October 17, 2014 1:38 pm | by The Associated Press

A manufacturer of sapphire glass that Apple Inc. uses in iPhones plans to eliminate 727 jobs at an Arizona plant.                                       

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Mass. Firm Recalls 115K Pounds of Chicken Products

October 17, 2014 10:08 am | by USDA

Shop Packaging LLC, a New Bedford, Mass. establishment, is recalling approximately 115,505 pounds of chicken wing products due to misbranding and an undeclared allergen.                       

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Factories in Philadelphia Experiencing Slow Growth

October 17, 2014 10:00 am | by Christopher Rugaber, The Associated Press

A measure of factory activity in the Philadelphia region slipped last month, but remained at a healthy level, evidence that U.S. manufacturing output is holding up despite signs of a global slowdown.               

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Falling Oil Prices Shake Up Global Economies

October 16, 2014 12:29 pm | by Jonathan Fahey, The Associated Press

A sudden plunge in the price of oil is sending economic and political shock waves around the world.                                           

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AbbVie Sours on Shire Deal After Tax Changes

October 16, 2014 11:59 am | by The Associated Press

AbbVie's board is telling shareholders to vote against its own $55 billion takeover bid for the Irish drugmaker Shire after the U.S. made reincorporating overseas a less lucrative tax maneuver.                 

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AAM: It's Time for Action on China's Exchange Rate

October 16, 2014 11:23 am | by The Alliance for American Manufacturing

The Alliance for American Manufacturing address their concerns with the Exchange Rate Policies released by the Treasury and currency manipulation this week.                                   

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Chrysler Recalling 907K Vehicles

October 16, 2014 11:08 am

Nearly 907,000 Chrysler, Dodge and Jeep SUVs and cars are being recalled for alternators that can fail and heated power mirror wiring that can short and cause minor fires.                       

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U.S. Factory Output Rises in September

October 16, 2014 11:03 am | by Josh Boak, The Associated Press

U.S. manufacturing output rose in September, led by gains for aerospace products, furniture, clothing and plastics.                                       

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Applications for U.S. Unemployment Benefits at 14 Year Low

October 16, 2014 9:49 am | by Christopher S. Rugaber, The Associated Press

The number of people seeking U.S. unemployment aid dropped to the lowest level in 14 years last week, the latest signal that companies are cutting fewer workers and hiring could remain healthy.                 

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Senators Question Regional Car Recalls

October 16, 2014 9:41 am | by Tom Krisher, The Associated Press

Two U.S. senators are questioning why the nation's auto safety regulators are letting car companies recall vehicles only in limited regions when a safety problem could happen anywhere.                   

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Airbus Receives Its Largest Aircraft Order to Date

October 15, 2014 5:12 pm | by The Associated Press

Indian budget airline IndiGo has signed a preliminary order with Airbus for 250 A320neo Family aircraft.                                         

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Toyota Recalls Older Lexus Model in U.S. for Fuel Leaks

October 15, 2014 5:03 pm | by The Associated Press

Toyota is recalling about 423,000 older-model Lexus luxury cars in the U.S. because a gasket can leak fuel and possibly cause a fire.                                 

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U.S. Business Stockpiles Up in August

October 15, 2014 2:08 pm | by Martin Crutsinger, The Associated Press

U.S. businesses increased their stockpiles in August by the smallest amount in more than a year, while sales fell by the largest amount since January. The data suggest that the economy is still having trouble gaining momentum.       

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Brazilian Pair Raises Bid for Chiquita

October 15, 2014 1:02 pm | by The Associated Press

Two Brazilian companies are raising their bid for banana company Chiquita to approximately $658 million.                                         

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