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Daily industrial news and top headlines for plant and maintenance managers

Brammo Motorsports Forges Ahead With Production

July 2, 2012 10:03 am | by Greg Stiles, Mail Tribune

The drive to become the world's top electric motorcycle maker has led Craig Bramscher around the globe.


TN Gears Up For Headlight Plant Jobs

July 2, 2012 10:00 am | by The Associated Press

Officials in Giles County are hoping a new headlight plant to be built by a subsidiary of Italian automaker Fiat will put a dent in the area's jobless rate.


China Court: Apple Pays $60M To Settle iPad Case

July 2, 2012 9:58 am | by Joe McDonald, AP Business Writer

Apple has paid $60 million to settle a dispute in China over ownership of the iPad name, a court announced Monday, removing a potential obstacle to sales of the popular tablet computer in the key Chinese market.


Survey Finds Japan Business Confidence Improves

July 2, 2012 9:57 am | by Eric Talmadge, Associated Press

Big manufacturers have more confidence in Japan's economy but remain pessimistic overall, a closely watched quarterly survey by the country's central bank showed Monday.


BMW, Toyota Sign Deal To Build Sports Car Together

June 29, 2012 11:55 am | by The Associated Press

German automaker BMW AG and Japan's Toyota Motor Corp. agreed to jointly develop a sports car, hydrogen fuel cells and electric car technology.


Schott To Close 'Flagship' Solar Plant

June 29, 2012 11:54 am | by Susan Montoya Bryan, Associated Press

Schott Solar announced Thursday it would be closing what the company once billed as its North American flagship manufacturing plant, leaving more than 200 employees without jobs.


Tepid Economic Growth Weighs On U.S. Job Market

June 29, 2012 11:52 am | by Christopher S. Rugaber, Martin Crutsinger, AP Economics Writers

The U.S. economy is growing too slowly to pull the job market out of a slump, according to the latest data that suggest June has been another weak month for hiring.


Smith & Wesson's 4Q Profit Soars On Sales

June 29, 2012 11:50 am | by The Associated Press

Smith & Wesson Holding Corp. said its 4Q net income soared on strong sales, particularly of its polymer pistols and modern sporting rifles, and it gave forecasts that beat expectations.


Alcoa To Sell Hydroelectric Project For $600M

June 29, 2012 11:48 am | by The Associated Press

Alcoa is selling its 351-megawatt Tapoco hydroelectric project to power provider Brookfield Renewable Energy Partners for about $600 million.

Japan's May Factory Output Down 3.1 Percent

June 29, 2012 11:47 am | by The Associated Press

Japan's factory output declined 3.1 percent in May from the previous month as the world's third biggest economy grapples with weaker European demand and an uneven recovery from last year's tsunami disaster.


RIM To Cut 5,000 Jobs, Delay New Phones

June 29, 2012 9:57 am | by Rob Gillies, Associated Press

Struggling BlackBerry maker Research In Motion Ltd. said it will delay the launch of new phones deemed critical to the company's survival and revealed its business is crumbling faster than thought.

Solar Firm That Got DOE Loan To Declare Bankruptcy

June 29, 2012 9:55 am | by Matthew Daly, Associated Press

Abound Solar received a $400M loan guarantee and said Thursday it will file for bankruptcy, the latest setback for an industry battered by the recession and stiff competition from companies in China.


Ford CFO Says International Losses Mounting

June 29, 2012 9:53 am | by The Associated Press

Ford Motor Co.'s shares fell in post-market trading after the company said its second-quarter profit fell due to mounting losses outside North America.


Lockheed Machinists OK New Deal, End Strike

June 29, 2012 9:51 am | by Angela K. Brown, Associated Press

Lockheed Martin machinists ended their 10-week strike Thursday, approving a new labor deal that includes a $2,000 bonus and annual pay increases starting at 3 percent the first year.


Last Day Of Work For AR Whirlpool Workers

June 29, 2012 9:50 am | by The Associated Press

Friday's the last day of work for nearly all the remaining employees at Whirlpool Corp.'s Fort Smith plant.


Lawson Products To Cut Jobs, Gets Credit Deal

June 29, 2012 9:48 am | by The Associated Press

Lawson Products Inc. said Thursday that it will eliminate 100 jobs as part of a restructuring and reached a deal with its lender for a new five-year, $40 million credit facility.


Schnitzer Steel 3Q Profit Falls On Higher Costs

June 28, 2012 2:34 pm | by The Associated Press

Schnitzer Steel Industries Inc. said Thursday that its fiscal third-quarter net income slid 66 percent as it deals with higher costs and lower selling prices in its metals recycling unit .


Nissan To Manufacture Sentra In MS Plant

June 28, 2012 2:32 pm | by Jeff Amy, Associated Press

Company officials announced the plan Thursday, saying it will create another 1,000 jobs at the plant in Canton, north of Jackson.


Airbus Plans Factory In Alabama

June 28, 2012 2:18 pm | by Joshua Freed, AP Business Writer

European plane maker Airbus intends to build its first U.S. plant in Mobile, Alabama, a person with knowledge of the plans told The Associated Press.


U.S. Economy Grew At Modest 1.9 Percent Rate

June 28, 2012 2:16 pm | by Martin Crutsinger, AP Economics Writer

The U.S. economy expanded at a 1.9 percent annual rate in the first three months of the year, a weak pace that few economists see changing much this year.



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