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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Toyota Shows Innovations In Production Methods

April 24, 2012 10:27 am | by Yuri Kageyama, AP Business Writer

Toyota says it is putting renewed focus on innovation in production methods and design after getting a wake-up call from its massive recalls.


Automakers Agree To Fast-Track Resin Substitutes

April 24, 2012 10:25 am | by Dee-Ann Durbin, AP Auto Writer

Six major automakers and 19 suppliers are close to agreeing on a fast-track process for testing replacements for a resin that's in dangerously short supply.


Hawker Beechcraft Warns Employees Of Layoffs

April 24, 2012 10:23 am | by Roxana Hegeman, Associated Press

Aircraft maker Hawker Beechcraft gave 60-day layoff notices to about 350 workers at its plant in Wichita on Monday, about a week after it reported a nearly $633 million net loss for 2011.


Fifth Japanese Supplier Charged With Price Fixing

April 24, 2012 10:22 am | by The Associated Press

A Tokyo-based auto supplier has agreed to pay a $20 million criminal fine and cooperate with the U.S. government's ongoing investigation into price fixing in the industry.


Fitch Restores Ford Credit To Investment Grade

April 24, 2012 10:20 am | by Tom Krisher, AP Auto Writer

The Fitch Ratings agency lifted Ford's credit rating from junk status to investment grade Tuesday, a sign that the company's recovery from near collapse is almost complete.


GM To Double China Production Despite Sales

April 23, 2012 2:32 pm | by Didi Tang, Associated Press

General Motors Co. chairman Dan Akerson said Monday the automaker plans to open 600 dealerships in China this year, and nearly double production capacity despite a slowdown in sales growth.

In '72, EPA Battled Pollution; Now It's Politics

April 23, 2012 2:27 pm | by Dina Cappiello, Associated Press

Some in industry and politics question whether environmental regulation has gone too far and whether the risks are worth addressing, given their costs.


PA's Zippo Expects 500 Millionth Lighter In June

April 23, 2012 2:25 pm | by Joe Mandak, Associated Press Writer

Zippo Manufacturing Co., the company that makes metal-cased cigarette lighters whose lids are known for their distinctive "click," is on schedule to produce its 500 millionth lighter later this year.


Michelin Recalls 77,000 Tires For Safety Problem

April 23, 2012 2:21 pm | by The Associated Press

Michelin is recalling more than 77,000 bus tires because sidewall defects can cause them to lose air rapidly, increasing the risk of a crash.


Auto Supplier Newman Technology Coming To AL

April 23, 2012 2:20 pm | by The Associated Press

Auto parts supplier Newman Technology has broken ground on a $15 million factory in Albertville that will employ some 60 workers.


Eaton Corp. 1Q Earnings Up 8 Percent Over 2011

April 23, 2012 2:15 pm | by Thomas J. Sheeran, Associated Press

The company reported net income of $311 million, or 91 cents per share, for the three months ended March 31, up from $287 million, or 83 cents, a year ago.


Striking Lockheed Workers Picket In TX

April 23, 2012 10:22 am

The strike by Machinists Local 776 in Fort Worth began Monday after union members voted overwhelmingly Sunday to reject the company's latest contract offer.


Crises Make Automakers Rethink Lean Supplies

April 23, 2012 10:20 am | by Dee-Ann Durbin, Tom Krisher, AP Auto Writers

For the first time in more than 20 years, U.S. automakers are questioning a pillar of manufacturing: The practice of bringing parts to assembly lines right before they're used.


U.S. Plant Is Model For VW Expansion

April 23, 2012 10:18 am | by Erik Schelzig, Associated Press

Volkswagen's facility in Chattanooga is boosting employment and capacity to meet demand, moving up plans to export the vehicle to Asia and becoming a blueprint for the German automaker's future plants.


Honda Starts Building New Hybrid At IN Plant

April 23, 2012 10:17 am | by The Associated Press

Honda is starting up production of a new gas-electric hybrid car at its southeastern Indiana factory.


Honeywell International 1Q Net Income Climbs

April 23, 2012 10:15 am | by The Associated Press

Honeywell International Inc. said Friday that its profit rose 17 percent in the first quarter as strength in the U.S. offset weakness in Europe.


Chinese Court Seeks To Mediate iPad Dispute

April 23, 2012 10:13 am | by Elaine Kurtenbach, AP Business Writer

A Chinese court is mediating between Apple Inc. and the Chinese company challenging its right to use the iPad trademark, seeking to get the companies to settle an awkward standoff over the issue.


Fewer U.S. States Reported Job Gains Last Month

April 20, 2012 1:52 pm | by Christopher S. Rugaber, AP Economics Writer

The average number of people seeking unemployment benefits nationwide in the past month is at a three-month high.


Honda Appeal Seeks To Reverse Hybrid Owner's Award

April 20, 2012 1:50 pm | by Linda Deutsch, AP Special Correspondent

Lawyers for American Honda Motor Co. returned to court Thursday to try to overturn a highly publicized small claims court award to a woman who sued over the fuel economy of her hybrid Honda Civic.


Olympus Whistleblower Wants Answer On Dismissal

April 20, 2012 1:48 pm | by Yuri Kageyama, AP Business Writer

Michael Woodford, who blew the whistle on an accounting scandal at Olympus Corp., took a stand at its shareholders' meeting, demanding to know why he was fired as chief executive.


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