News
The Lead
Walmart Pushing For More U.S. Product Makers
May 21, 2013 | by Chuck Bartels, Associated Press | Comments
With labor and energy costs on the rise in Asia, Walmart highlighted an effort to promote domestic goods on Monday, including products made by more than 40 Arkansas suppliers. Bentonville-based Walmart is encouraging customers to buy items made in the United States. In the company's home state, the effort includes a red, white and black placard bearing the slogan "Arkansas' Own."
GM To Invest $44.5M In MI Cadillac Factory
May 21, 2013 2:22 pm | by The Associated Press | Comments
General Motors says it will invest $44.5 million at a Lansing, Mich., factory, creating 200 new...
Kohler Ordered To Pay $9.6M In Patent Suit
May 21, 2013 2:20 pm | by The Associated Press | Comments
The Kohler Co. has been ordered in federal court to pay $9.6 million to a Massachusetts...
High-Tech Startup Wades Into Gun Control
May 21, 2013 2:18 pm | by Martha Mendoza, AP National Writer | Comments
A high-tech startup is wading into the gun control debate with a wireless controller that would...
FREE Email Newsletter
Daily industrial news and top headlines for plant and maintenance managers
France: Drugmaker On Trial, Suspected In Deaths
May 21, 2013 2:15 pm | by The Associated Press | CommentsThe makers of a diabetes and weight loss drug suspected in the deaths of hundreds of people went on trial Tuesday, facing charges they misled the public about the product's safety. But after years of delays in one of France's biggest recent health scandals, the proceedings could still be pushed back further.
Remington Plans $32M AR Expansion
May 21, 2013 2:14 pm | by The Associated Press | CommentsRemington Arms Company LLC says it will spend $32 million to expand the company's ammunition plant in Lonoke, Ark. Remington says the expansion will include the construction of a new building. Work is expected to begin later this year and finish up by next spring.
Record Amount Of Cargo Passes Through GA Ports
May 21, 2013 2:13 pm | by The Associated Press | CommentsA record 2.4 million tons of cargo moved through the state's ports in April, Georgia Ports Authority officials announced Monday. April's record is an increase of about 108,530 tons over the same time period last year. In a release, GPA officials said the state's ports also saw a 4 percent increase in container traffic and a 14.1 increase in roll on/roll off cargo in April.
Does France Have The Right Plan To Revive Its Economy?
May 21, 2013 10:14 am | by Sarah DiLorenzo, AP Business Writer | CommentsThe man charged with reviving France's shrinking economy and attracting businesses to invest there is gaining a reputation for doing the opposite. As the country's first-ever minister for industrial renewal, Montebourg told the world's largest steelmaker it is not welcome in France and exchanged angry letters with the head of an American tire company he was supposedly wooing.
Apple's Cook To Face Senate Questions On Taxes
May 21, 2013 10:12 am | by Marcy Gordon, AP Business Writer | CommentsA Senate panel says Apple Inc. is avoiding paying billions of dollars in U.S. taxes, but the world's most valuable company says it is complying with the laws and pays "an extraordinary amount" in taxes to the U.S. government. Apple Inc. CEO Tim Cook is scheduled to testify Tuesday on Capitol Hill to explain the company's tax strategy.
GM Giving Paid Internships To 110 HS Students
May 21, 2013 10:11 am | by The Associated Press | CommentsGeneral Motors is kicking the tires on a unique new internship program for Detroit-area high school students. GM has hired 110 students for paid summer internships, the automaker said Monday in announcing the formation of the GM Student Corps, a program that combines service, education and mentoring.
Nebraska Company Reopens Iowa Manufacturer
May 21, 2013 10:09 am | by The Associated Press | CommentsA week after a northwest Iowa manufacturer shut down its factory, the laid-off workers were back on the job Monday thanks to a Nebraska company that stepped in and bought the business. Thurston Manufacturing Co. of Thurston, Neb., moved swiftly to complete its purchase of Simonsen Iron Works of Spencer, Iowa, so it could rehire workers and keep the plant operating, Thurston co-owner Nick Jenson said.
MO Judge Orders Monitoring For Ex-Mamtek CEO
May 21, 2013 10:07 am | by The Associated Press | CommentsA Missouri judge on Monday ordered the former head of a failed artificial sweetener plant in Moberly to wear a GPS electronic monitoring device while he awaits trial on felony fraud and forgery charges. St. Charles County Circuit Judge Daniel Pelikan ordered ex-Mamtek CEO Bruce Cole to wear the device while he is at home, the Columbia Daily Tribune reported.
Goff’s Enterprises Wins BizTimes “I.Q. Award” For Innovation
May 20, 2013 3:24 pm | CommentsGoff’s Enterprises, Inc. has received an I.Q. Award for Innovation from BizTimes Media LLC. The I.Q. Awards salute southeastern Wisconsin businesses for their innovations in products and services. The award was presented at the BizTimes Award luncheon on May 16th, in Milwaukee, WI.
United To Restart 787 Flights
May 20, 2013 2:38 pm | by Joshua Freed, AP Airlines Writer | CommentsUnited Airlines is getting its 787s back in the air. The planes are flying again after being grounded for four months because of smoldering batteries on 787s owned by other airlines. The incidents included an emergency landing of one plane, and a fire on another.
Ex-Saab Execs Arrested On Accounting Charges
May 20, 2013 2:36 pm | by The Associated Press | CommentsA Swedish prosecutor says three former executives of automaker Saab Automobile AB have been arrested on accounting fraud charges. Prosecutor Olof Sahlgren says the three are "suspected of aggravated attempts to avoid tax controls" by allegedly falsifying parts of Saab's accounts between 2010 and 2011 — a crime that carries a sentence of up to four years in prison.
Canada Trying To Lure Silicon Valley Tech Workers
May 20, 2013 2:35 pm | by The Associated Press | CommentsThe Canadian government launched an aggressive campaign to lure Silicon Valley tech workers frustrated by U.S. visa policies northward, just as Congress wrestles with a long-sought overhaul of America's immigration system. Canada's minister of citizenship, immigration and multiculturalism arrived in the San Francisco Bay area for a visit aimed at snapping up talent for Canada's high-tech economy by offering startup entrepreneurs a visa.
Judge Gives Final Approval To A123 Bankruptcy Plan
May 20, 2013 2:31 pm | by Randall Chase, AP Business Writer | CommentsA Delaware bankruptcy judge has given final approval to the reorganization plan of failed battery maker A123 Systems Inc., which was the recipient of a $249 million Department of Energy grant. Monday's court hearing resolved minor outstanding issues following the sale of most of the company's assets to the U.S. arm of Chinese auto parts conglomerate Wanxiang Group Corp. for nearly $257 million.
GE Healthcare To Invest $17M In New SC Plant
May 20, 2013 2:29 pm | by The Associated Press | CommentsGE Healthcare is investing $17 million in a Florence plant that will turn helium gas into supercool liquid needed for medical imaging. The company announced Monday it's building a 5,000-square-foot facility next to its existing magnetic resonance plant. GE expects 10 of the 50 jobs created to be permanent.
Texas Sues BP For Damages Related To Oil Spill
May 20, 2013 2:27 pm | by Juan A. Lozano, Associated Press | CommentsTexas on Friday became the fifth state to sue British oil company BP over the 2010 Deepwater Horizon oil spill, seeking damages related to the worst offshore oil spill in U.S. history. The lawsuit is seeking lost tax revenue, lost revenue from state parks, damages to natural resources and civil penalties for each day that oil was spilled and for every barrel of oil that was illegally discharged.
