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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Judge Approves Settlement With Wis. Manufacturer

October 29, 2013 9:56 am | by The Associated Press

A federal judge has approved a $4.6 million settlement of an environmental lawsuit against a Madison manufacturer by a group of its neighbors. U.S. District Judge Barbara Crabb approved the settlement Monday against Madison-Kipp. Under the settlement reached in July, the 32 homes will receive money and pollution control equipment.

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Fall In Auto Sales Lowers U.S. Retail Spending

October 29, 2013 9:50 am | by The Associated Press

A sharp drop in auto sales caused largely by a calendar quirk lowered U.S. retail spending in September. But Americans boosted their spending on most other goods, suggesting confidence in the economy ahead of the government shutdown.     

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Apple's Earnings Fall Despite Rising iPhone Sales

October 29, 2013 9:44 am | by The Associated Press

 Apple's quarterly earnings are still sagging even as sales of its iPhones are rising, a vexing phenomenon feeding investor worries about whether stiffer competition in the mobile device market will continue to undercut the company's prosperity.

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DuPont To Pay $800K In EPA Agreement In W.Va.

October 29, 2013 9:39 am | by The Associated Press

DuPont Co. has reached a proposed agreement to settle alleged Clean Air Act violations at its Washington Works Plant near Parkersburg.                                  

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MSC Adds 3K Safety Products

October 29, 2013 9:35 am | by MSC Industrial Direct Co., Inc.

MSC Industrial Supply Co. has added more than 3,000 personal protective equipment (PPE) and facility safety products to its safety portfolio.                             

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Deere Sells Stake In Landscape Business For $300M

October 28, 2013 2:39 pm | by AP

Farm and construction gear maker Deere & Co. says it reached a deal to sell a majority interest in its landscapes business to Clayton, Dubilier & Rice, a private equity firm, for $300 million.             

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U.S. Factory Output Rises Just 0.1 Pct. In September

October 28, 2013 2:36 pm | by Christopher S. Rugaber, AP Economics Writer

Automakers boosted their output in September, but the gain was offset by declines at makers of computers, furniture and appliances.                     

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Winning Packard Plant Bidder To Make Modular Homes

October 28, 2013 2:34 pm | by AP

A Texas woman who placed the winning bid for a sprawling former Detroit car plant says she wants to build modular homes and offices at the site that's become a symbol of the city's economic decline.            

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Audi, GMC, Volvo Crack Reliability Survey Top 10

October 28, 2013 2:31 pm | by AP

Three Japanese brands — Lexus, Toyota and Acura — took the top spots in this year's survey, and seven of the top 10 brands are Japanese. But three non-Japanese brands — Audi, Volvo and GMC — cracked the top ten.         

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Tenn. Officials Steer Clear Of Zero-Emissions Plan

October 28, 2013 2:29 pm | by Erik Schelzig, Associated Press

Governors from eight other states representing 23 percent of the U.S. auto market pledged Thursday to get 3.3 million zero-emission vehicles on roadways by 2025.                 

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DuPont Sued Over Cancer

October 28, 2013 2:26 pm | by Amanda Lee Myers, Associated Press

The recent litigation is the latest in a years-long battle between DuPont and residents of the Mid-Ohio Valley, in the heart of Appalachia along the Ohio River.               

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Beechcraft Negotiating Over Some Assets

October 28, 2013 9:28 am | by The Associated Press

Beechcraft Corp. CEO Bill Boisture says the company is "dangerously" close to reaching a deal with a potential buyer for its Hawker 4000 and Premier business jet assets.              

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Officials Investigating Death At Wrigley Plant

October 28, 2013 9:27 am | by The Associated Press

Occupational safety officials are investigating Chattanooga's Wrigley Manufacturing plant after a 34-year-old woman died there.                     

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Philips Scraps Deal To Sell Audio Equipment Unit

October 28, 2013 9:23 am | by The Associated Press

Royal Philips NV said Friday it is terminating a deal to sell its home audio equipment unit to Japan's Funai Electric Co. due to what is said was Funai's breach of contract.             

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Gov Criticized Over Layoffs At Ohio Aluminum Plant

October 28, 2013 9:22 am | by Julie Carr Smyth, AP Statehouse Correspondent

Republican Gov. John Kasich is facing criticism over the indefinite shuttering of Ormet Corp., an aluminum smelting giant along the Ohio River and the onetime largest customer of American Electric Power. About 1,000 workers — mostly unionized steelworkers — are out of work.

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Survey Points To Pick-Up In Global M&A

October 28, 2013 9:13 am | by Pan Pylas, Associated Press

Growing optimism over the global economy is likely to lead to a marked pick-up in the number of mergers and acquisitions over the coming months, a survey of executives found Monday.            

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Toyota Outsells GM In First 9 Months Of Year

October 28, 2013 9:12 am | by Yuri Kageyama, AP Business Writer

Toyota's global sales for the first nine months of the year reached 7.41 million vehicles, little changed from the previous year but outpacing General Motors to keep its lead as the world's top-selling automaker.       

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Government Investigating Jeep Liberty Fire Reports

October 25, 2013 12:17 pm | by The Associated Press

The federal government is investigating Jeep Liberty SUVs after two reports of fires in the driver's side doors.                       

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DuPont Spinning Off Performance Chemicals Unit

October 25, 2013 12:14 pm | by Randall Chase, Associated Press

The DuPont Co. said Thursday that it is spinning off its struggling performance chemicals unit into a separate shareholder-owned public entity.                  

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Jack Daniel's In Legal Fight With Small Distiller

October 25, 2013 12:12 pm | by Bruce Schreiner, Associated Press

A white whiskey named for an Appalachian moonshiner was first sold in Mason jars, but recently switched to square-shaped bottling.                    

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