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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

U.S. Current Account Trade Deficit Widens to $113.5 Billion

March 19, 2015 11:05 am | by Martin Crutsinger, The Associated Press

The deficit in the largest measure of U.S. trade widened in the October-December quarter to the biggest imbalance in more than two years as exports of goods fell at a faster pace than imports.

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Kansas Ethanol Producers Say Proposed Tax Would Close Plants

March 19, 2015 11:02 am | by The Associated Press

Ethanol producers say a proposed excise tax in Kansas would harm the industry and put some plants out of business 

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Monsanto To Pay $350K to Settle More Wheat-Related Lawsuits

March 19, 2015 10:55 am | by The Associated Press

Monsanto said it will pay about $350,000 to settle class action lawsuits brought by farmers in seven states over genetically modified wheat. 

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By the Numbers: Federal Report Says 'Extreme Long-Term Unemployment' Remained High in 2014

March 19, 2015 10:51 am | by Andy Szal, Digital Reporter

A new report from the federal Labor Department says the nation's level of "extreme long-term unemployment" remained high in 2014 despite a strong year for hiring. 

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Ford GT Supercar Will Be Company's Most Expensive Ever

March 18, 2015 3:12 pm | by The Associated Press

The Ford GT supercar will be Ford Motor Co.'s priciest vehicle ever when it goes on sale next year.

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General Mills Completes Plan To Cut About 800 Jobs

March 18, 2015 2:56 pm | by The Associated Press

General Mills said that the previously announced job cuts, which were mostly in the U.S., were part of a restructuring plan called Project Catalyst that was approved during its fiscal second quarter.

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Saudi Arabia Hopes to Lure Shale Workers From the U.S.

March 18, 2015 2:24 pm | by Andy Szal, Digital Reporter

The boom in U.S. oil production over the past decade led thousands of workers to prairie cities from Texas to North Dakota. Now, Saudi Arabia hopes those workers--many of them casualties of the ongoing downturn in crude prices--will consider the deserts of the Middle East instead.

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This Japanese Company Built a 'Disaster-Proof' Factory

March 18, 2015 10:55 am | by GE Reports

Japan is famous for innovation. But, like many countries in the Pacific, it must also cope with fierce forces of nature. Now one local company has merged insights from both and built what could be one of the first “disaster-proof” factories.

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Kraft Recalls 6.5 Million Boxes of Mac and Cheese

March 18, 2015 10:46 am | by The Associated Press

Kraft Foods is recalling about 6.5 million boxes cases of original flavor Kraft Macaroni & Cheese because some of the boxes contain small pieces of metal.

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Italian Companies to Generate Bioplastic from Potatoes

March 18, 2015 10:34 am | by Andy Szal, Digital Reporter

Two Italian companies recently announced plans to process potato byproducts into plastic materials. 

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More States Targeting Microbeads

March 18, 2015 10:29 am | by Andy Szal, Digital Reporter

Personal care products that contain tiny plastic pellets are increasingly in the crosshairs of state lawmakers amid concerns over their environmental impact.  

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Ford, Microsoft Announce Cloud-Based System for New Vehicles

March 18, 2015 10:25 am | by Andy Szal, Digital Reporter

Ford Motor Company and Microsoft on Tuesday announced a partnership to implement a cloud-based system on new Ford models starting later this year. 

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Boeing's SC Plant Delivers First 787-9 Aircraft

March 17, 2015 2:38 pm | by The Associated Press

The first Boeing 787-9 Dreamliner aircraft assembled at the company's South Carolina plant has been delivered.

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Fight Over Keystone XL Doesn't Stall Pipeline Boom

March 17, 2015 2:12 pm | by Henry C. Jackson, The Associated Press

While the Keystone project awaits a final decision, scenes are unfolding almost every week in lesser-known developments that have quietly added more than 11,600 miles of pipeline to the nation's domestic oil network. 

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Oil Prices Fall to Six-Year Low

March 17, 2015 1:57 pm | by Andy Szal, Digital Reporter

In the wake of a 10 percent slide last week, the price of crude oil on the West Texas Intermediate index fell to about $44 per barrel, the lowest level in six years.

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Attorney: GM to Face Further Legal Action Over Ignition Problem

March 17, 2015 1:52 pm | by Andy Szal, Digital Reporter

General Motors was spared a potentially lengthy legal battle over faulty ignition switches following a settlement with the family of a Georgia victim last week. The family's attorney, however, said further probes of the company's actions would continue. 

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Detroit Nonprofit Hires Homeless to Make Coats/Sleeping Bags

March 17, 2015 10:26 am | by Mike Householder, Associated Press

Veronika Scott, 25, built a nonprofit, the Empowerment Plan, which employs and trains homeless single parents to manufacture the coats that were her project for a class at Detroit's College for Creative Studies four years ago.

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Institute: China Now World's Third-Biggest Arms Exporter

March 17, 2015 10:20 am | by Christopher Bodeen, The Associated Press

China has overtaken German to become the world's third-biggest arms exporter, although its 5 percent of the market remains small compared to the combined 58 percent of exports from the U.S. and Russia, a new study says. 

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Report Suggests Oil Prices Tied to Worker Fatalities in North Dakota

March 17, 2015 9:52 am | by Andy Szal, Digital Reporter

Low oil prices and subsequent cutbacks in the field by drilling companies could be contributing to a rash of worker fatalities in North Dakota, according to a report in the Wall Street Journal.

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EPA, FDA Sign Data Sharing Agreement

March 17, 2015 9:46 am | by Andy Szal, Digital Reporter

The Environmental Protection Agency and the Food and Drug Administration signed an agreement to share data relating to pesticides and toxic substances, the agencies announced Monday.

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