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Daily industrial news and top headlines for plant and maintenance managers

Economists See more Reasons For Optimism This Year

February 27, 2012 2:10 pm | by Samantha Bokamp, AP Business Writer

Economists are increasingly confident that some pillars of the U.S. economy will improve this year, but they still remain cautious in their expectations on the overall pace of economic growth.

Bank Approves $83 Million In Export Financing For Sale Of Locomotives

February 27, 2012 2:07 pm | by PR Newswire

The transaction supports 500 American jobs across six states


Westport Project To Develop Heavy-Duty Natural Gas Truck Engine

February 27, 2012 1:58 pm | by Westport Innovations, Inc.

For competitive reasons, product details have been withheld.


Chrysler Opens Mopar Operations In Argentina & Brazil

February 27, 2012 1:52 pm | by Chrysler Group LLC

After recently opening Mopar facilities in China and the United Arab Emirates, Chrysler today announced the opening of Mopar parts distribution centers in Argentina and Brazil . . .


Key Honda Executive To Leave Alabama Post

February 27, 2012 1:38 pm | by Patrick McCreless, AP

Ernst protected Honda Manufacturing of Alabama, playing an integral part in its development and growth since the facility was announced in 1999


Nissan Faces Off Against Miss. City Over Production Plant

February 27, 2012 10:05 am

The city of Canton's lawsuit against Nissan North American for the right to annex the nearby vehicle production plant is scheduled for trial in August.


Economists Raise Expectations For 2012

February 27, 2012 9:57 am | by Samantha Bokamp, AP Business Writer

Economists are increasingly confident that some pillars of the U.S. economy will improve this year, but they still remain cautious in their expectations on the overall pace of economic growth.


Scandal-Plagued Olympus Sees Board Resigns

February 27, 2012 9:54 am | by Yuri Kageyama, AP Business Writer

The changes at Olympus, embroiled in controversy because of a cover-up of massive losses from the 1990s, will become final at the April 20 shareholders' meeting.


Johnson Controls, Shanghai Authorities Clash Over Lead Poisoning Cases

February 27, 2012 9:51 am | by Elaine Kurtenbach, AP Business Writer

They are at odds over what caused a spate of lead poisoning cases, and Shanghai has prohibited the U.S. battery maker from resuming lead processing at its automotive battery plant in the city's outskirts.


106-Year-Old Kansas Company Heads For Chapter 11

February 27, 2012 9:47 am

Fuller Brush cited assets and debts of $10 million to $50 million as the 106-year-old company and its parent firm, CPAC Inc., both filed for Chapter 11 last week.


Nissan Recalling 79K Vehicles For Possible Gas Leaks

February 27, 2012 9:44 am

The automaker is recalling certain Nissan Juke small crossover SUVs, Infiniti QX large SUVs and Infiniti M sedans from the 2011 and 2012 model years.


United To Seek Payment For 787 Delays

February 24, 2012 2:22 pm | by The Associated Press

United Continental says it's looking for compensation from Boeing for its late 787 deliveries.

Enterprise Backs Recall Oversight

February 24, 2012 2:20 pm | by Jim Salter, Associated Press

Enterprise Rent-A-Car now says it will support legislation to increase federal oversight of how car rental firms manage safety recalls for vehicles in their fleets.


Cook Hints Apple Will Part With Some Cash

February 24, 2012 2:19 pm | by Michael Liedtke, AP Technology Writer

Apple CEO Tim Cook says he believes the world's most valuable company has more money than it needs.


Mazda Shares Dive On Plan To Raise $2B

February 24, 2012 2:17 pm | by The Associated Press

Mazda stock dived nearly 7 percent after the struggling car maker said it will raise about $2B from selling new shares to invest in assembly plants and developing new vehicle technologies.


OH Union OKs Deal With Manufacturer Timken Co.

February 24, 2012 2:14 pm | by The Associated Press

Steelworkers have approved a five-year contract that clears the way for a $225 million plant addition, Ohio's latest manufacturing payoff from expanded shale energy development.


Ingalls Gets $70M Contract

February 24, 2012 2:12 pm | by The Associated Press

Huntington Ingalls Industries says its shipbuilding division has received a $70M contract modification from the U.S. Navy for LPD 27, the 11th amphibious transport dock of the USS San Antonio class.


Company Claiming iPad Trademark Sues Apple In U.S.

February 24, 2012 9:58 am | by Elaine Kurtenbach, AP Business Writer

The companies are feuding over whether Proview sold the mainland Chinese rights to the iPad trademark to Apple in a 2009 deal.


Chicago Factory Where Workers Had Sit-In To Close

February 24, 2012 9:55 am | by Caryn Rousseau, Associated Press

Serious Energy said it will close a window factory that became a symbol of the plight of American workers more than three years ago when employees briefly occupied the building.


College Grads Get Older, Shift Workplace Trends

February 24, 2012 9:51 am | by Hope Yen, Associated Press

The college gains are making it easier for older Americans to work later in life because they are more likely than their parents' generation to hold higher-skilled jobs, which are seen as harder to replace.



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