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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

SNC-Lavalin To Cut 4,000 Jobs

November 7, 2014 9:34 am | by The Associated Press

Canadian engineering and construction giant SNC-Lavalin says it will reduce the company's global workforce by 4,000, or 9 percent of its total.                                

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Honda Adds Thousands of Vehicles to Air Bag Recall

November 7, 2014 9:29 am | by The Associated Press

Honda is adding hundreds of thousands of vehicles to a previously announced recall for passenger air bags that can explode with too much force and send shards of metal into the passenger compartment.               

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NC Officials Host Closed Meeting on Oil Drilling

November 7, 2014 9:22 am | by Michael Biesecker, The Associated Press

Officials from North Carolina, South Carolina and Virginia met privately Thursday with federal regulators and groups funded by oil and gas companies to discuss plans for drilling off the Atlantic coast.             

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Businesses Urge Presidential Involvement in Port Dispute

November 7, 2014 9:14 am | by Stephen Schatz, National Retail Federation

A diverse coalition including retailers, manufacturers and farmers and other supply chain stakeholders sent a letter to President Obama today urging the government’s immediate involvement in contract negotiations between the Pacific Maritime Association and the International Longshore and Warehouse Union.

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U.S. Employers Add 214K Jobs

November 7, 2014 9:07 am | by Christopher Rugaber, The Associated Press

Three days after voters registered their sourness about the U.S. economy, the government said Friday that employers added a solid 214,000 jobs in October, extending the healthiest pace of hiring in eight years.           

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GOP Eager To Move on Keystone XL

November 6, 2014 2:09 pm | by Donna Cassata, The Associated Press

Republicans' resounding victory gives them an opportunity to push legislation that's been bottled up in the Democratic Senate, from targeting elements of President Barack Obama's health care law to constructing the Keystone XL oil pipeline to rolling back environmental regulations.

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Productivity, Labor Costs Rise in 3Q

November 6, 2014 1:56 pm | by Bureau of Labor Statistics

Nonfarm business sector labor productivity increased at a 2.0 percent annual rate during the third quarter of 2014, the U.S. Bureau of Labor Statistics reported today, as output increased 4.4 percent and hours worked increased 2.3 percent.   

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Virgin Galactic Looks to Resume Tests in 2015

November 6, 2014 1:49 pm | by Susan Montoya Bryan, The Associated Press

The space tourism company that suffered a tragic setback when its experimental rocket-powered spaceship broke apart over the California desert could resume test flights as early as next summer if it can finish building a replacement craft.    

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100K Workers Protest Belgian Labor Reform

November 6, 2014 1:44 pm | by Raf Casert, The Associated Press

One of Belgium's biggest postwar labor demonstrations brought about 100,000 workers to the capital on Thursday to protest government free-market reforms and austerity measures that they claim undermine Belgium's vaunted welfare state.     

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Nissan Launches U.S. Murano Production

November 6, 2014 10:05 am | by The Associated Press

Nissan’s Canton Vehicle Assembly Plant has gone global as the company rolls the first all-new 2015 Nissan Murano off the line, marking the first time the model has been produced in the U.S.                 

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Beef Costs Eat Up Wendy's Profit

November 6, 2014 10:00 am | by Candice Choi, The Associated Press

The hamburger chain reported a lower-than-expect profit for its third quarter, noting that beef costs were much higher than initial projections.                               

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Perrigo To Buy Omega Pharma for $3.1B

November 6, 2014 9:54 am | by The Associated Press

Perrigo is expanding its reach into Europe through a $3.1 billion acquisition of one of the continent's biggest suppliers of non-prescription medicines.                            

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Applications for Unemployment Benefits Fall to 278K

November 6, 2014 9:47 am | by Josh Boak, The Associated Press

Fewer people applied for U.S. unemployment benefits last week, a sign that the job market should continue to improve.                                      

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Tesla Sets Delivery Record

November 6, 2014 9:42 am | by Dee-Ann Durbin, The Associated Press

Electric car maker Tesla Motors beat Wall Street's expectations and set a record for deliveries of its Model S sedan in the third quarter, delighting investors even as its losses doubled from a year ago.             

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Nissan Pledges Further Expansion of Mississippi Plant

November 5, 2014 2:44 pm | by Jeff Amy, The Associated Press

Nissan Motor Co. says it wants to produce more than 500,000 vehicles at its Mississippi plant by 2017, an expansion that would add about 1,000 employees to the current 6,300 workers at the complex.               

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China-Owned Firm To Open VA Plant, Create Jobs

November 5, 2014 2:35 pm | by The Associated Press

Gov. Terry McAuliffe announced Wednesday that Lindenburg Industry LLC will invest $113 million to establish an industrial honeycomb manufacturing facility.                            

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Engine in Failed Rocket Launch Likely to be Pulled

November 5, 2014 2:28 pm | by The Associated Press

Orbital Sciences says it will likely stop using the type of engines that were employed when its unmanned Antares commercial supply rocket bound for the International Space Station exploded moments after liftoff last week.         

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Election Overview: Minimum Wage, Gun Sales, GMOs, Soda Tax

November 5, 2014 2:18 pm | by The Associated Press

Take a look at some of the more controversial issues of the midterm election and how they did on the ballots.                                               

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U.S. Businesses Report 230K New Jobs

November 5, 2014 10:18 am | by Christopher Rugaber, The Associated Press

U.S. companies added 230,000 jobs in October, the most in four months and a sign that businesses are still willing to hire despite signs of slowing growth overseas.                         

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India to Foreign CEOs: 'We're Waiting for You

November 5, 2014 10:13 am | by Katy Daigle, The Associated Press

India's finance minister is urging foreign investors to help plug enormous gaps in the country's infrastructure blamed for holding back growth.                               

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