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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

OSHA Fines Ammo Manufacturer $1.2M For Deadly Explosion

October 26, 2010 4:10 am | by Holly Ramer, Associated Press Writer

CONCORD, N.H. (AP) — Federal labor officials on Monday proposed fining a gun and ammunition manufacturer $1.2 million, saying that two men who died in an explosion at its northern New Hampshire plant weren't properly trained and had been feeding explosive powder into equipment by hand.

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Ford Beats Expectations, Ready To Hire And Invest

October 26, 2010 4:08 am | by Dee-Ann Durbin and Tom Krisher, AP Auto Writers

DEARBORN, Mich. (AP) — Ford Motor Co.'s third-quarter net income rose 68 percent as it grabbed a bigger share of the U.S. auto market and buyers paid more for its highly-rated cars and trucks. It was Ford's sixth straight quarterly profit and the company's best third-quarter performance since at least 1990.

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Feds Raid Home Of Ex-Raytheon Missile Systems Expert

October 26, 2010 4:07 am | by Bob Salsberg, Associated Press Writer

BOSTON (AP) — Federal agents on Monday searched and removed materials from a suburban Boston home owned by a missile systems expert who worked for the U.S. defense contractor Raytheon. The home is owned by Richard M. Lloyd, the former Raytheon Co. employee, and Lori Lloyd, public records show.

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U.S. Steel Posts $51 Million Loss On Slow Demand

October 26, 2010 4:05 am

PITTSBURGH (AP) — U.S. Steel said Tuesday it continues to lose money because demand for its products remains weak due to the uneven global economic recovery. The Pittsburgh manufacturing giant reported a third-quarter loss of $51 million. In late July the company was predicting a profit for the quarter, but it tempered that outlook as the period progressed.

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Fiat: We'd Be Better Off Without Italy's Unions

October 25, 2010 5:16 am | by Alessandra Rizzo, Associated Press Writer

ROME (AP) — Fiat CEO Sergio Marchionne says the tradition-laden Italian automaker would be better off without Italy and its balky unions, provoking an angry reaction Monday from some labor and government officials. Fiat has been in tense negotiations with unions over its plan to shut down a factory in Sicily next year.

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Japan, India Sign Agreement To Boost Trade

October 25, 2010 5:00 am | by Malcolm Foster, Associated Press

TOKYO (AP) — The leaders of India and Japan signed a sweeping agreement Monday to boost trade and agreed to speed up talks toward a civilian nuclear energy deal — despite sensitivity in Japan over India's past atomic test blasts. Prime Minister Naoto Kan called the conclusion of nearly 4-year negotiations on the economic partnership agreement a "historic achievement.

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Toyota Only Japanese Automaker To See Production Drops

October 25, 2010 4:55 am

TOKYO (AP) — Toyota's global production fell in September for the first time in a year, while rivals Honda and Nissan increased output thanks to strong demand in China. Toyota Motor Corp. said Monday its worldwide production dropped 1.3 percent to 672,604 vehicles, marking the first year-on-year decrease in 12 months.

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Ford's 3Q Profits Might Slip On Higher Costs

October 25, 2010 4:48 am

DEARBORN, Mich. (AP) — Ford Motor Co. is set to report its third-quarter earnings before the market opens on Tuesday. WHAT TO WATCH FOR: Ford is expected to report its sixth straight quarterly profit. The Dearborn, Mich., automaker has made the biggest U.S. market share gains of any automaker this year.

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Intel To Open New Oregon Manufacturing Plant

October 25, 2010 4:43 am

PORTLAND, Ore. (AP) — The new planned Intel Corp. research facility in Hillsboro will provide jobs to hard-hit sectors of Oregon's labor force at a time when they are direly needed. The Oregonian reports construction workers, carpenters and engineers can expect to see new jobs in the Portland metro area — good news with Oregon's 10.

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Man Accused Of Two Ohio Plant Murders On $3 Million Bond

October 25, 2010 4:41 am | by Thomas J. Sheeran, Associated Press Writer

CLEVELAND (AP) — A judge has set bond at $3 million for a man accused of gunning down two people at an Ohio manufacturing plant. Wearing handcuffs and assisted by a translator, 50-year-old Pedro Rodriguez appeared in Cleveland Municipal Court Monday. He's charged with two counts of aggravated murder in Friday's shooting at ParkOhio Products Inc.

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Pratt & Whitney, Machinists Gear Up For The 'Big Fight'

October 25, 2010 4:39 am

by Stephen Singer, AP Business Writer HARTFORD, Connecticut (AP) — A continuing battle between jet engine maker Pratt & Whitney and the machinists union over jobs now moves to the bargaining table. The subsidiary of United Technologies Corp. and the union begin negotiations Tuesday for a contract to replace a three-year agreement that expires Dec.

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Italian Paper Company To Open Racine, Wis. Plant

October 22, 2010 4:11 am

STURTEVANT, Wis. (AP) — An Italian paper and packaging company is opening its first North American headquarters in Racine with a promise to create 189 new jobs. The Journal Times in Racine reports Thursday that Seda International Packaging Group says it will invest $76 million in its Racine operation.

China's Dairy Producers Abuse Tainted Milk Scandal

October 22, 2010 4:10 am | by Joe McDonald, AP Business Writer

BEIJING (AP) — Rumors on the Web that a major Chinese dairy company's baby formula might harm infants played on the worst fears of jittery parents after a string of scandals over tainted milk. This week, China's biggest milk producer, Mengniu, announced that the rumors targeting rival dairy Yili in July were manufactured by a Mengniu manager in what it said was a bizarre plot to boost his sales.

Honeywell 3Q Income Falls 18 Percent

October 22, 2010 4:08 am

MORRISTOWN, N.J. (AP) — Honeywell International Inc. says third-quarter net income fell 18 percent because of a charge for pension expenses. But the technology and manufacturing company beat Wall Street estimates and it boosted its earnings forecast for the year. The company says revenue grew 9 percent, to $8.

Calif. Manufacturing Execs Indicted For Conspiracy, Bribery

October 22, 2010 4:08 am | by Greg Risling, Associated Press Writer

LOS ANGELES (AP) — A Southern California company and two of its executives were indicted Thursday on conspiracy charges, accused of bribing government officials at Mexico's state-owned utility in exchange for obtaining lucrative contracts. Keith Lindsey, president of Lindsey Manufacturing Co.

CAT Acquires German Engine Maker For $810 Million

October 22, 2010 4:07 am

PEORIA, Ill. (AP) — Caterpillar Inc. said Friday it is buying a German engine maker, MWM Holding GmbH, from private-equity firm 3i for 580 million euros, or about $810 million, in cash. Caterpillar, the world's largest maker of construction and mining equipment, said the deal will help it significantly expand options for customers of its electric power division.

Celery Contamination From Texas Processor Kills Four

October 22, 2010 4:06 am | by Betsy Blaney, Associated Press Writer

The Food and Drug Administration is looking into a produce contamination case linked to a shuttered Texas processing plant and may decide to expand a recall, an agency official told The Associated Press. Texas health officials shut down the SanGar Produce & Processing Co. plant in San Antonio and ordered a recall of all of the produce that had passed through the plant since January.

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Master Appliance Launches YouTube Channel

October 21, 2010 9:38 am

RACINE, Wis. — Master Applicance , a designer and manufacturer of heat tools for industrial purposes,  has announced a new YouTube channel, which can be found here . In addition, the company has released its first video, titled "Replacing A Defective Capacitor on an IMac G5 Motherboard.

Chrysler Picking Fiat Dealers In U.S.

October 20, 2010 5:42 am

AUBURN HILLS, Mich. (AP) — Chrysler Group LLC is starting to pick dealers to sell Fiats in the U.S. when the Italian-designed cars start arriving in December. The automaker said Wednesday that it wants Fiat dealers in 119 U.S. markets — mostly in areas that have a high number of small-car registrations — and will name more dealers by year's end.

Verizon To Sell Samsung's iPad Rival For $600

October 20, 2010 5:35 am

NEW YORK (AP) — The first big-name competitor to the iPad in the U.S. won't be undercutting it in price. Verizon Wireless on Wednesday said it will start selling Samsung Electronics Co.'s tablet computer, which is half the size of the iPad, for $600. That's more than the basic version of Apple Inc.

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