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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Micron, Oracle Settle Lawsuit Over Chip Prices

March 30, 2012 2:07 pm | by The Associated Press

Micron Technology Inc. has settled a lawsuit in which Oracle Corp. accused the Idaho memory chipmaker and other companies of artificially inflating prices for microchips.

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Panel Stops Clearances For India Steel Plant

March 30, 2012 2:05 pm | by The Associated Press

An Indian environmental panel has suspended clearances for South Korean steel giant Posco to build a $12 billion steel plant in India.

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Ford CEO Mulally Made $29.5M In 2011

March 30, 2012 2:04 pm | by The Associated Press

The pay package for Ford CEO Alan Mulally rose 11 percent last year to $29.5 million, or a little more than $5 for every vehicle sold.

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Unemployment Rates Fall In 29 States

March 30, 2012 2:02 pm | by Christopher S. Rugaber, AP Economics Writer

The Labor Department said Friday that unemployment rates declined in 29 states and rose in 8.

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Apple Pledge Could Lead To China Wage Hikes

March 30, 2012 9:47 am | by Joe McDonald, AP Business Writer

A pledge by the manufacturer of Apple's iPhones and iPads to limit work hours at its factories in China could force other global corporations to hike pay for Chinese workers who produce the world's consumer electronics, toys, and other goods.

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BlackBerry Maker To Focus On Business Customers

March 30, 2012 9:45 am | by Rob Gillies, Associated Press

The struggling BlackBerry maker said it plans to return its focus to its corporate customers after failing to compete with flashier, consumer-oriented phones such as Apple's iPhone.

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U.S. Economy Grew 3 Percent In Final Quarter Of 2011

March 30, 2012 9:43 am | by Christopher S. Rugaber, Martin Crutsinger, AP Economics Writers

Businesses have been restocking their shelves more slowly and shipping fewer long-lasting manufactured goods.

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Honda Recalling 550K SUVs For Headlight Problem

March 30, 2012 9:41 am | by The Associated Press

Honda says there isn't enough slack in the wiring leading to the headlight switch. Over time the wires can work their way loose and cut off the low-beam lights.

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Mercedes-Benz Opens New Plant In Hungary

March 30, 2012 9:38 am | by Pablo Gorondi, Associated Press

German luxury car maker Mercedes Benz inaugurated a new manufacturing plant in Hungary on Thursday, the company's first in Eastern Europe.

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Companies To Pay For WI Plant Violations

March 30, 2012 9:36 am | by The Associated Press

Coltec allegedly violated the Clean Air Act by manufacturing and selling 32 marine diesel engines that had not been certified as passing EPA standards at its Beloit plant.

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GM Phone App May Replace Car Navigation System

March 29, 2012 2:15 pm | by The Associated Press

General Motors soon will sell a $50 smartphone application that could replace your dashboard navigation system.

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Japan Automakers Boost Overseas Output

March 29, 2012 2:13 pm | by The Associated Press

The combined overseas vehicle production of eight leading Japanese automakers is up 25.1 percent for the third straight month of year-on-year growth.

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BMW Recalling 367K Cars To Fix Cables

March 29, 2012 2:11 pm | by Tom Krisher, AP Auto Writer

U.S. safety regulators and BMW say owners of some 5- and 6-Series cars should park them outside until a battery cable problem can be fixed.

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DE Seeks Foreign Trade Zone Status For Fisker

March 29, 2012 2:09 pm | by The Associated Press

Foreign Trade Zone procedures could exempt Fisker from customs duty payments on foreign components used in export production, which Fisker expects will account for about half of the plant's shipments.

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Oracle, Google Gird For Trial On Android Dispute

March 29, 2012 2:05 pm | by The Associated Press

The dispute hinges on Oracle's allegations that Google's widely used Android software for mobile devices infringes on copyrights and patents that Oracle acquired when it bought Sun Microsystems Inc. for $7.3 billion in 2010.

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Honda Breaks Ground For Mexico Factory

March 29, 2012 2:03 pm | by The Associated Press

Honda Motor Co. held a groundbreaking ceremony for its new factory near Celaya in central Mexico, aiming to start production there in spring 2014.

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SD Governor Says China Trade Mission Productive

March 28, 2012 2:02 pm | by Chet Brokaw, Associated Press

Gov. Dennis Daugaard said Wednesday he believes this week's trade mission to China will give South Dakota businesses a chance to export more products to the world's most populous nation.

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U.S. CEOs Plan To Hire As Outlook Brightens

March 28, 2012 2:01 pm | by Christopher S. Rugaber, AP Economics Writer

The brighter view from the boardroom comes after the best three months of job growth in two years.

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Toyota To Invest $80M In Canadian Factory

March 28, 2012 1:59 pm | by The Associated Press

The investment in Woodstock, Ontario, near Toronto will create 400 new jobs early next year when the added factory capacity comes on line.

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Cisco To Acquire Software Maker ClearAccess

March 28, 2012 1:57 pm | by The Associated Press

The world's largest maker of computer networking equipment said it plans to acquire ClearAccess to broaden network management tools for homes and mobile devices.

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