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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

2011 Hiring Plans Most Positive In More Than A Decade

January 24, 2011 3:38 am | by Daniel Wagner, AP Business Writer

WASHINGTON (AP) — Industry economists say the U.S. economic recovery is gaining strength, with more firms expressing positive hiring plans than in over a decade. A new survey from the National Association for Business Economics finds that economists are more hopeful about overall economic growth, the job market and demand for companies' products and services by many measures than they have been since the start of the Great Recession.

Obama: Freer Trade Will Boost Our Economy

January 24, 2011 3:33 am | by Darlene Superville, Associated Press

WASHINGTON (AP) — President Barack Obama pitched freer trade as a prescription for U.S. job growth Saturday and said the nation must spare no effort to open markets abroad. Warming up for a State of the Union address that is expected to focus on jobs and the economy, Obama said in his weekly radio and Internet address Saturday that getting access to foreign markets is the reason he met China's President Hu Jintao at the White House in the past week.

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California Bans The Century-Old Incandescent Bulb

January 24, 2011 3:31 am | by Noaki Schwartz, Associated Press

LOS ANGELES (AP) — The brightest bulb in most homes for more than a century is fading toward darkness this year as California turns out the light on the century-old incandescent. Beginning Jan. 1, the state began phasing out certain energy-sucking bulbs, federal standards the rest of the country will enact next year.

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GM To Hire 650, Export $900 Million In Goods To China

January 24, 2011 3:27 am | by Dee-Ann Durbin, AP Auto Writer

DETROIT (AP) — General Motors Co. will add a shift and more than 650 jobs at its assembly plant in Flint where it makes the hot-selling GMC Sierra and Chevrolet Silverado pickup trucks, a person familiar with the plan said Saturday. The move is yet another sign that truck sales are on the rise for the recovering automaker.

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Obama Shows Off Economic Successes, Friendship With GE

January 21, 2011 4:00 am | by Jim Kuhnhenn, Associated Press

WASHINGTON (AP) — President Barack Obama wants to cast some light on economic success stories in the shadows of a slow recovery. And he is looking to find some more. On Friday, the president travels to Schenectady, N.Y., birthplace of the General Electric Co., to showcase a new GE deal with India and announce a restructured presidential advisory board to focus on increasing employment and competitiveness.

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Google's 'Adult Supervision' Steps Aside

January 21, 2011 3:52 am | by Michael Liedtke, AP Technology Writer

SAN FRANCISCO (AP) — Eric Schmidt, a technology veteran brought in as Google Inc.'s "adult supervision" a decade ago, is relinquishing the CEO job to Larry Page, one of the prodigies who co-founded the company behind the Internet's dominant gateway. The surprise shake-up announced Thursday appears to be driven by Schmidt's desire to tackle other challenges as much as Page's personal ambition.

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Dwindling Demand Leads To 1,100 Boeing Job Cuts

January 21, 2011 3:39 am

LONG BEACH, Calif. (AP) — Dwindling domestic demand for C-17 cargo planes will force Boeing Co. to slash 1,100 jobs at its U.S. plants, most of them in Long Beach where the aerospace giant has cut 13,000 jobs since the 1990s, the company said Thursday. The 900 jobs in Long Beach and 200 jobs at plants in Mesa, Ariz.

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Mitsubishi Plans New Car To Keep Normal Plant Alive

January 21, 2011 3:35 am | by David Mercer, Associated Press

Mitsubishi Motors North America plans to produce a new model at its plant in Normal, Ill., extending the life of the facility just a month after employees agreed to lower wages the company said were needed to keep it open. Mitsubishi announced the plans as part of new, global business plan aimed at revitalizing the troubled Japanese automaker.

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Caterpillar Asks For Better U.S.-China Relationships

January 21, 2011 3:32 am

NEW YORK (AP) — Heavy equipment maker Caterpillar is urging a stronger trade relationship between the U.S. and China on the heels of the Chinese president's visit to the U.S. The Peoria, Ill., company, the world's largest maker of construction and mining equipment, said Friday it inked a memorandum of understanding as part of the U.

GM's New Product Chief: Time To Move Faster, Get Safer

January 21, 2011 3:25 am | by Tom Krisher, AP Auto Writer

DETROIT (AP) — The new chief of product development at GM holds what is arguably the most important job in the company: coming up with cars and trucks that people want. There also are a few extra goals on Mary Barra's list: Make the stuff faster and raise its quality. Barra, a 30-year veteran of General Motors, was named head of global product development on Thursday.

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S.C. Gov. Faces Lawsuit For Anti-Union Comments

January 21, 2011 3:24 am | by Jim Davenport, Associated Press

COLUMBIA, S.C. (AP) — South Carolina Gov. Nikki Haley is facing her first big lawsuit after saying the state would try to keep unions out of the Boeing Inc. plant in North Charleston. The lawsuit filed Thursday in U.S. District Court in Charleston by the International Association of Machinists and AFL-CIO asked for a court order telling Haley and her director of the Department of Labor, Licensing and Regulation to butt out and remain neutral in matters concerning union activities.

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Apple's 1Q Finances Predictably Dazzle Investors

January 19, 2011 3:57 am | by Jessica Mintz, AP Technology Writer

Apple Inc.'s stellar holiday-quarter results were enough to make investors forget, at least for the moment, that CEO Steve Jobs is taking another medical leave of absence. The company was able to boost production of iPads faster than analysts predicted, and shoppers bought iPhones as fast as Apple could make them, helping drive the company's fiscal first-quarter net income up 78 percent from the prior year.

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Ford Retains 3,750 Jobs At K.C. Plant With Massive Investment

January 19, 2011 3:48 am

DETROIT (AP) — Ford will retain nearly 3,750 jobs and build a new vehicle at a Missouri plant that was in danger of closing. Ford is ending production of the Escape SUV later this year at the Claycomo plant near Kansas City. It will make the new Escape in Louisville, Kentucky. The company won't say which new product is coming to the Missouri plant.

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Hackers Face Years In Jail For Stealing iPad E-Mails

January 19, 2011 3:45 am | by David Porter, Associated Press

NEWARK, N.J. (AP) — Two men who authorities say were competing to impress their fellow hackers were arrested Tuesday on federal charges they stole the e-mail addresses of more than 100,000 Apple iPad users, including politicians and media personalities. The theft and the AT&T security weakness that made it possible were revealed months ago, and U.

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Obama To Find Common Ground With China's Jintao

January 19, 2011 3:33 am | by Matthew Pennington, Associated Press

WASHINGTON (AP) — President Barack Obama is lavishing the grandest of White House welcomes on Chinese President Hu Jintao as the leaders of the world's two top powers try to find common ground on economic and security issues without alienating their domestic audiences. With many Americans blaming China at least in part for the high U.

Deere To Invest $100 Million In Indian Plants

January 19, 2011 3:30 am

NEW YORK (AP) — Deere & Co. said Wednesday that it will spend about $100 million to build a new factory in India and expand an existing tractor plant in an effort to keep up with anticipated demand there. John Deere India has been the largest exporter of agricultural machinery from India for the past 5 years.

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Mass. Recovers $13M From Tax Credit-Stealing Manufacturer

January 19, 2011 3:23 am | by Steve LeBlanc, Associated Press

BOSTON (AP) — Massachusetts expects to recover about $13 million from the abrupt shutdown of a solar panel manufacturer that had received tens of millions in state aid, a top Patrick administration official said Tuesday. Economic Development Secretary Greg Bialecki said the $13 million includes a portion of the grants and benefits the state offered Evergreen Solar to encourage it to build its plant in Devens.

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Apple Won't Skip A Beat Without Jobs At The Helm

January 18, 2011 3:55 am | by Rachel Metz, AP Technology Writer

SAN FRANCISCO (AP) — If the past is any indication, Tim Cook's mastery of inventory management and his high expectations of employees should leave Apple Inc. in good hands while its charismatic leader, Steve Jobs, takes a medical leave of absence. Apple said Monday that Cook, the chief operating officer, will take charge of the iPhone and iPad maker as Jobs focuses on his health.

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Boeing Delays 787 Again, Expects 3Q Deliveries

January 18, 2011 3:45 am

CHICAGO (AP) — Boeing Co. is pushing back the delivery date for its new 787 until at least July. The jet has been delayed several times already. Its most recent delivery target was for next month. But an electrical fire on a test plane in November put a halt to flight testing. Another delay has been widely expected ever since the fire.

Obama Works To Squash Job-Limiting Laws

January 18, 2011 3:41 am | by Julie Pace, Associated Press

WASHINGTON (AP) — Taking another step toward mending his relationship with the business community, President Barack Obama will order a review of federal regulations with an eye toward getting rid of those that stifle job creation and hurt economic growth The president planned to sign an executive order Tuesday telling federal agencies to look for rules that place an unreasonable burden on businesses.

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