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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

AB InBev 3Q Profits Up 31 Percent

November 1, 2013 1:37 pm | by Toby Sterling, AP Business Writer

Anheuser-Busch InBev, the world's largest brewer, says its third-quarter profits rose as the takeover of new brands and higher selling prices offset the impact of lower sales volumes. The gain largely reflects the company's $20 billion purchase of the remainder of Mexico's Grupo Modelo.

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Expert: Shutdown Hurt Midwest Business Conditions

November 1, 2013 1:29 pm | by The Associated Press

The stalling of the federal government contributed to worsening business conditions in nine Midwest and Plains states, according to a monthly economic report issued Friday.                       

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Ex-CEO Pleads Guilty In $5M Fire Fraud

November 1, 2013 1:16 pm | by The Associated Press

The former CEO of a company that made fire-resistant building blocks has pleaded guilty to scamming nearly $5 million from people who lost their homes in two wildfires. The Santa Barbara News-Press reports 64-year-old Penny Estes entered her plea to 28 counts on Thursday. She could face nearly 40 years in prison when she's sentenced.

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U.S. Manufacturing Expands At Best Pace In 2½ Years

November 1, 2013 1:10 pm | by The Associated Press

U.S. factory activity expanded in October at the fastest pace in 2½ years, suggesting that the 16-day partial shutdown of the government had little effect on manufacturers.Instead, overseas demand and healthy U.S. auto sales appear to be supporting factory output.

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Ford Recalls Ambulances Because Engines Can Stop

November 1, 2013 1:04 pm | by The Associated Press, Reuters

Ford is recalling about 3,100 F-Series ambulances because the engines can stop unexpectedly. The F-350, F-450 and F-550 "Super Duty" ambulances have 6.7-Liter diesel engines. They're from the 2011 and 2012 model years.         

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Judge Denies City’s Bid To Close Sriracha Plant

November 1, 2013 10:21 am | by John Rogers, The Associated Press

A judge refused Thursday to order an immediate halt to production of the internationally popular hot sauce Sriracha at a Southern California factory that local residents say is stinking up their neighborhoods with pepper and garlic fumes.   

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No Contamination Near Ohio Cancer Cluster

November 1, 2013 10:14 am | by The Associated Press

Whirlpool Corp. says extensive soil tests show no evidence of illegal dumping or widespread contamination in an area of northern Ohio where children were among dozens of people who have been sickened in a cancer cluster.         

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Lowe, Father Of IBM Personal Computer, Dies At 72

November 1, 2013 10:11 am | by Tammy Webber, Associated Press

William C. Lowe had a bold idea: IBM should develop a personal computer that could be mass marketed, expanding the company's reach beyond businesses and into people's homes.      

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Boeing To Speed Up 737 Production

November 1, 2013 10:09 am | by The Associated Press

Boeing Co. is speeding up production of its 737 again as it aims to cut down a huge backlog of the jets.                                         

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Nissan Cuts Profit Outlook, Revamps Management

November 1, 2013 10:05 am | by Elaine Kurtenbach, AP Business Writer

Ghosn attributed the weaker than expected performance to a variety of troubles, chief among them weakness in many emerging markets and painfully expensive recalls. He announced a management reshuffle that will make the company's chief operating officer, Toshiyuki Shiga, a vice chairman and appoint three other executives as COOs.

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Wal-Mart Announces Plans For Georgia Shoe Plant

November 1, 2013 9:59 am | by The Associated Press

Executives with Wal-Mart Stores Inc. say they plan to move production of some shoes from overseas to a manufacturing plant in south Georgia, which they say will create 250 jobs in the state. The retailer on Thursday announced plans for the facility in Hazelhurst, about 100 miles west of Savannah.

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IST Acquires Oldham from Industrial Scientific Corporation

October 31, 2013 4:38 pm

Battery Ventures portfolio company Industrial Safety Technologies (IST) has completed the acquisition of the Oldham fixed-point gas detection business from Industrial Scientific Corporation.                  

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FDA: Imported Spices Have Double Salmonella Risk

October 31, 2013 2:17 pm | by Mary Clare Jalonick, Associated Press

In a report released Wednesday, the FDA says testing of imported spices between 2007 and 2010 showed that spices were twice as likely as other inspected foods to be contaminated with the pathogen.  More than 80 different types of salmonella were detected.

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Woman Killed In Blast At Ga. Manufacturing Plant

October 31, 2013 2:01 pm | by The Associated Press

Authorities are investigating a deadly explosion at a manufacturing plant in the northwest Georgia town of Rockmart.  Polk County Coroner Lester Litesey III tells The Associated Press that 56-year-old Elaine Davidson of Rockmart died in the blast.

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Chrysler IPO Could Happen By Year End

October 31, 2013 1:52 pm | by Colleen Barry, The Associated Press

On the heels of a profitable third quarter, Chrysler Group said it will proceed with a public offering of shares before the end of this year.                               

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Fewer Americans Seek Unemployment Aid For 3rd Week

October 31, 2013 1:40 pm | by The Associated Press

The number of Americans applying for unemployment benefits fell 10,000 last week to a seasonally adjusted 340,000, a sign that employers are laying off very fewer workers.     

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Obama To Pitch The U.S. To Foreign Investors

October 31, 2013 1:36 pm | by Jim Kuhnhenn, Associated Press

Facing a sluggish economy, Obama is helping connect foreign and domestic companies and investors with economic development organizations across the country while promoting the United States as a sound business environment.        

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Accenture To Acquire PCO Innovation

October 31, 2013 1:30 pm | by Manufacturing.net

Accenture has today announced its intent to acquire PCO Innovation, a systems integration group that specializes in product lifecycle management (PLM) technology. Terms of the agreement were not immediately announced, nor were details as to how the companies will integrate services, facilities and labor forces.

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U.S. Steel To Partially Shut Ontario Mill

October 30, 2013 2:03 pm | by Allison Martell

United States Steel Corp said on Tuesday it will permanently shut down iron and steelmaking operations at its Hamilton, Ontario, mill at the end of this year.  The decision is a blow to Hamilton, long the center of Canada's steel industry, which has been hit hard by plant closures over the last decade.

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Nestle Relocating Pizza Division To Ohio

October 30, 2013 1:57 pm | by The Associated Press

Nestle USA says it's relocating its frozen pizza division from Illinois to the Cleveland suburb of Solon, joining its other businesses and an expanding research center there.  The world's largest food company expects about 250 jobs eventually to come from the move.

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