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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Growing Number Of Federal Regulations Continue To Challenge Manufacturers

October 24, 2013 2:37 pm

NERA Economic Consulting’s update of a report commissioned by Manufacturers Alliance for Productivity and Innovation (MAPI) shows that manufacturing regulatory costs increased an average of 7.6 percent per year since 1998 compared with average growth of 0.4 percent for manufacturing output.

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Pratt & Whitney Signs $1.1B Pentagon Deal

October 24, 2013 2:36 pm

Jet engine manufacturer Pratt & Whitney says it's signed a $1.1 billion Pentagon contract for fighter jet propulsion systems.                     

Mulally: No Change In Plan To Stay Ford CEO

October 24, 2013 2:34 pm | by Dee-Ann Durbin and Tom Krisher, AP Auto Writers

Mulally, 68, repeated that there's no change in Ford's plan for him to stay as CEO through the end of 2014.                            

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NH Gunpowder Plant Owner Convicted In Fatal Blast

October 24, 2013 2:32 pm | by AP

The owner of a gunpowder plant where an explosion shook nearby buildings and killed two workers was convicted on Wednesday of negligent homicide and manslaughter.                

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Hyundai To Outdo Production Goal Despite Strikes

October 24, 2013 2:30 pm | by Youkyung Lee, AP Business Writer

Hyundai Motor Co. said Thursday it expects to manufacture 4.7 million vehicles this year, exceeding its target despite strikes that disrupted its South Korean production.                          

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Boeing's 747 Is An Icon, But Future Is In Doubt

October 24, 2013 2:28 pm | by Joshua Freed and Scott Mayerowiz, AP Business Writers

For decades, the Boeing 747 was the Queen of the Skies. But the glamorous double-decker jumbo jet that revolutionized air travel and shrunk the globe could be nearing the end of the line.                           

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Self Driving Cars Could Transform Driving, Produce Billions In Benefits

October 23, 2013 12:05 pm | by Joan Lowy, The Associated Press

A new study says self-driving cars and trucks hold the potential to transform driving by eliminating the majority of traffic deaths, significantly reducing congestion and providing tens of billions of dollars in economic benefits.         

GSK Sales In China Tumble Amid Bribery Probe

October 23, 2013 12:02 pm | by AP

The company was hit by allegations by the Chinese government that four of its employees paid bribes to doctors and hospitals to encourage them to prescribe medications.                        

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Auto Industry Is Thriving, But Executives See Struggle For Market Share

October 23, 2013 11:57 am | by Booz & Company

Confidence in the U.S. auto industry is running high due to surging sales and record profitability, but executives’ optimism is tempered owing to increased competition and an expectation that growth in new vehicle sales will slow.     

Second Tritium Leak Reported At S.C. Nuke Plant

October 23, 2013 11:54 am | by AP

The spill hasn't made nearby drinking water unsafe, according to federal regulators.                                                

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Suzuki Recalling 210,228 Motorcycles

October 23, 2013 11:50 am | by AP

Older brake fluid and corrosion of the brake piston inside the front brake master cylinder can form a gas that reduces fluid pressure transmission to the front brake.                         

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Nissan Recalls Over 188,000 SUVs To Fix Brakes

October 23, 2013 11:48 am | by AP

The recall covers some Nissan Pathfinders from the 2013 and 2014 model years, as well as the 2013 Infiniti JX35 and its successor model, the 2014 QX60.                             

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Production Lines To Roll Soon At CAT Plant

October 23, 2013 9:37 am | by The Associated Press

A company engineer says production lines at Caterpillar's new Georgia plant will be rolling in time to meet the manufacturing firm's Nov. 1 goal.                  

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Court: Studies Understated Samsung Health Hazards

October 23, 2013 9:36 am | by Youkyung Lee, AP Business Writer

A South Korean court said studies conducted to evaluate safety at Samsung chip factories failed to fully examine workplace health hazards, undermining the electronics giant's efforts to distance itself from claims that its manufacturing plants caused fatal cancers.

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Monsanto Calls Glyphosate 'Safe' After AP Report

October 23, 2013 9:34 am | by Michael Warren, Associated Press

Monsanto Co. is calling for more controls on agrochemicals, including its Roundup line of glyphosate-based weed-killers, in response to an Associated Press report about concerns that illegal pesticide applications are harming human health in Argentina.

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Amarin Cuts Staff By Half After Negative FDA Panel

October 23, 2013 9:32 am | by The Associated Press

Specialty drugmaker Amarin Corp. is eliminating half of its employees in the wake of an overwhelmingly negative Food and Drug Administration meeting that has put the future of the company's lead product in jeopardy.      

Will U.S. Hiring Accelerate If Economy Doesn't?

October 23, 2013 9:31 am | by Christopher S. Rugaber, AP Economics Writer

The uncertainty and weakness that hung over the U.S. job market in September before the government shut down aren't going away.                     

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Boeing To Speed Up 787 Production

October 23, 2013 9:29 am | by Joshua Freed, Associated Press

Boeing says it will speed up production of its new 787 as it tries to catch up on a huge backlog of orders for the plane.                      

Minn. Sherco 3 Plant Back In Service After Repairs

October 22, 2013 1:06 pm | by AP

The failure happened Nov. 19, 2011, as the 884-megawatt coal-fired plant near Becker was being returned to service following a maintenance outage. The malfunction caused extensive damage to the unit's steam turbine and generator.    

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Alcoa & Russia’s VSMPO-AVISMA To Form Joint Venture

October 22, 2013 1:04 pm | by Alcoa

Alcoa Chairman and CEO Klaus Kleinfeld and VSMPO Chairman Sergei Chemezov signed a cooperation agreement at a ceremony in Moscow, marking the first step in forming a new joint venture company to meet growing demand for high-end titanium and aluminum products for aircraft manufacturers worldwide.

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