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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Japan's Greenhouse Gas Emissions Up 4.2 Percent

April 13, 2012 1:54 pm | by The Associated Press

Japan's business conditions improved in fiscal 2010 after being hit hard by the 2008 collapse of major U.S. brokerage house Lehman Brothers, pushing up emissions from the industrial sector, the report said.

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General Cable Buys Brazilian Autoparts Maker

April 13, 2012 1:53 pm | by The Associated Press

Automotive parts maker General Cable Corp. said on Thursday that it has bought a Brazilian maker of ignition wiring for cars.

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U.S. Wholesale Prices Unchanged Last Month

April 13, 2012 1:51 pm | by Christopher S. Rugaber, AP Economics Writer

U.S. wholesale prices were flat in March after a drop in energy prices offset rising costs for food and pickup trucks. The figures suggest that modest growth isn't spurring inflation.

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Gov't Proposes Override System For Stuck Gas Pedals

April 13, 2012 10:10 am | by Joan Lowy, Associated Press

New cars and light trucks would have to have override systems to prevent unintended acceleration in instances where the driver steps on the gas pedal and brake at the same time or accelerator control systems disconnect, under new federal regulations proposed Thursday.

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China's Economic Growth Falls To Nearly 3-Year Low

April 13, 2012 10:08 am | by Joe McDonald, AP Business Writer

China's declining economic growth fell to its lowest level in nearly three years in the first quarter, but analysts said it should rebound in coming months.

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How Hyundai Went From Joke To Contender In U.S.

April 13, 2012 10:07 am | by Tom Krisher, AP Auto Writer

Jay Leno once joked that you could double a Hyundai's value by filling it up with gas. No one's laughing now.

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GM Recalls Big Crossovers To Fix Wiper Problem

April 13, 2012 10:05 am | by The Associated Press

General Motors is recalling about 50,000 large crossover SUVs to fix a problem with the windshield wipers.

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Caterpillar Sells Australian Bucyrus Distributor

April 13, 2012 10:04 am | by The Associated Press

Heavy equipment maker Caterpillar Inc. has agreed to sell the Australian distributor of its Bucyrus mining equipment to one of its dealers for $400 million.

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Fastenal 1Q Profit Rises 26 Percent

April 13, 2012 10:02 am | by The Associated Press

For the quarter ended March 31, the Winona, Minn.-based company earned $100.2 million, or 34 cents per share, up from $79.5 million, or 27 cents per share, in the year-ago quarter.

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Feds Expand Jeep Wrangler Fire Investigation

April 12, 2012 2:02 pm | by Tom Krisher, AP Auto Writer

Chrysler spokesman Eric Mayne said vehicle fires are complex and can occur for many reasons unrelated to the vehicle's design and manufacture.

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CAT CEO's Pay Package Grew 42 Percent In 2011

April 12, 2012 2:00 pm | by Josh Funk, AP Business Writer

The CEO of heavy equipment maker Caterpillar saw the value of his pay package jump as the company's global sales topped $60 billion.

Ex-Glock Exec Sentenced To 7 Years In Prison

April 12, 2012 1:56 pm | by Greg Bluestein, Associated Press

The former executive for Glock Inc. was sentenced Wednesday to seven years in prison, even as his supporters raised questions about his conviction.

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U.S. Applications For Unemployment Aid Tick Up

April 12, 2012 1:54 pm | by Christopher S. Rugaber, AP Economics Writer

More people sought unemployment benefits last week, suggesting that the job market's recovery remains slow.

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Samsung Updates Tablets On Heels Of iPad Refresh

April 12, 2012 1:52 pm | by Peter Svensson, AP Technology Writer

Apple's biggest competitor in the market for iPad-sized tablet computers is updating its line to include a feature that lets a tablet act as a universal remote control for an entertainment center.

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Exelis Buys British Electronic Component Company

April 12, 2012 1:50 pm | by The Associated Press

Exelis Inc., the former defense unit of manufacturer ITT Corp., said on Thursday that it bought a small British maker of high-voltage power supplies.

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2 Injured In Battery Explosion At GM Tech Center

April 11, 2012 2:20 pm | by The Associated Press

Two employees were injured Wednesday in a lithium battery explosion that forced the evacuation of about 80 others at a General Motors Co. facility north of Detroit, authorities said.

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Ex-Glock Exec Could Face 30 Years For Theft

April 11, 2012 2:18 pm | by The Associated Press

A former executive for Glock Inc. convicted of stealing a pistol and millions of dollars from the gun manufacturing giant is set to be sentenced in Georgia for the crime.

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China Passenger Car Sales Up 4.5 Percent

April 11, 2012 2:16 pm | by Elaine Kurtenbach, AP Business Writer

China's passenger car sales rose a modest 4.5 percent in March from the year before as automakers cut prices to counter slack demand.

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Copper Falls As Economic Hopes Dim

April 11, 2012 2:15 pm | by The Associated Press

Copper prices fell again as more signs of trouble in Europe's debt crisis sent stock markets plunging on both sides of the Atlantic.

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U.S. Sues Apple, Publishers Over eBook Prices

April 11, 2012 2:13 pm | by Pete Yost, Associated Press

Several states have sued Apple and major publishers, alleging a conspiracy to raise the price of electronic books that Attorney General Holder says cost consumers millions of dollars.

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