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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Deublin Company Launches New Website

December 11, 2013 12:51 pm | by The Deublin Company

A new website is now available from Deublin Company, a global manufacturer of rotary unions used in a variety of equipment and process industries. The new website includes hundreds of products available for purchase via secure credit card transaction, along with detailed specifications and application information.

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GM To Stop Making Cars In Australia By 2017

December 11, 2013 10:01 am | by Rod McGuirk, Associated Press

General Motors Co. said Wednesday it will stop making cars and engines in Australia by the end of 2017, with nearly 2,900 jobs to be lost, because of high production costs and competition.The decision could spell the end of car manufacturing in Australia as the industry will be too small for supporting businesses such as parts makers to remain economic.

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GOP, Obama Line Up Behind Modest Budget Deal

December 11, 2013 9:57 am | by Andrew Taylor, Associated Press

The deal to ease those cuts for two years is aimed less at chipping away at the nation's $17 trillion national debt than it is at trying to help a dysfunctional Capitol stop lurching from crisis to crisis. It would set the stage for action in January on a $1 trillion-plus spending bill for the budget year that began in October.

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Bell Helicopter Announces New Assembly Facility

December 11, 2013 9:49 am | by The Associated Press

Texas-based Bell Helicopter says it is building a helicopter assembly plant in Lafayette to assemble the company's new line of SLS — Short Light Single — helicopters. The project, announced Tuesday by Gov. Bobby Jindal and Bell Helicopter CEO John Garrison, will bring the first modern-era aircraft assembly facility to Lafayette Regional Airport.

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Mo. Governor To Sign $1.7B Boeing Incentive Plan

December 11, 2013 9:45 am | by Alan Scher Zagier, Associated Press

Missouri Gov. Jay Nixon plans to sign legislation that would offer up to $1.7 billion in tax breaks to Boeing Co. over more than two decades to entice the aerospace company to bring the production of its 777X jetliner to the state. 

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Quick Sale In Fisker Bankruptcy Remains On Track

December 11, 2013 9:34 am | by Randall Chase, AP Business Writer

A judge gave preliminary approval Tuesday to failed electric-vehicle maker Fisker Automotive's description of its proposed bankruptcy plan, despite expressing concerns that the bankruptcy case was moving too rapidly.         

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Pay Gains For Young Women; Inequality Still Seen

December 11, 2013 9:28 am | by Hope Yen, Associated Press

About 75 percent of young women believe the U.S. needs to do more to bring about equality in the workplace, a new study finds, despite a narrowing pay gap and steady employment gains for women at higher levels of business and government.

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Dutch Bus Drivers To Test Fatigue Warning Tech

December 10, 2013 1:31 pm | by The Associated Press

A Dutch luxury bus company is testing technology — already used in the mining industry and Caterpillar — that monitors whether a driver is becoming drowsy.                           

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Tech Firms Vie To Protect Personal Data, Profits

December 10, 2013 1:23 pm | by Marcy Gordon & Michael Liedtke, AP Business Writers

Even as Silicon Valley speaks out against the U.S. government's surveillance methods, technology companies are turning a handsome profit by mining personal data and peering into people's online habits.              

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U.S. Wholesale Stockpiles Grow 1.4 Pct. In October

December 10, 2013 1:18 pm | by The Associated Press

U.S. wholesale businesses boosted their stockpiles in October by the most in two years as their sales rose sharply, encouraging signs for economic growth in the final three months of the year.  Wholesale stockpiles grew 1.4 percent in October, the Commerce Department reported Tuesday.

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EU Fines Pharmaceutical Giants $22M

December 10, 2013 1:15 pm | by The Associated Press

The European Commission has fined pharmaceuticals giants Johnson & Johnson and Novartis a combined $22 million for colluding to delay the entrance of a cheap generic form of a pain killer to the Dutch market.           

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Defense Seeks Mistrial For Former BP Engineer

December 10, 2013 1:11 pm | by The Associated Press

In a filing Tuesday, Kurt Mix's attorneys argued a prosecutor's questioning of a witness on Monday amounted to injecting unsupported accusations of misconduct against Mix.                       

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U.S. Job Openings Reach 5-Year High, A Hopeful Sign

December 10, 2013 1:03 pm | by Christopher S. Rugaber, AP Economics Writer

U.S. employers advertised the most job openings in more than five years in October, and the number of people quitting also reached a five-year high. The figures are an encouraging sign for the unemployed.The Labor Department said Tuesday that job openings rose 1 percent to a seasonally adjusted 3.93 million.

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October Manufacturing Technology Orders Up

December 10, 2013 11:05 am | by Association For Manufacturing Technology

October U.S. manufacturing technology orders totaled $435.02 million according to AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was up 10.2% from September but down 3.2% when compared with the total of $449.44 million reported for October 2012. 

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GM Names Mary Barra CEO, 1st Woman To Head Car Co.

December 10, 2013 10:29 am | by Tom Krisher, AP Auto Writer

General Motors product development chief Mary Barra has been named the company's new CEO, the first female head of a U.S. car company.  Barra, 51, will replace Dan Akerson on Jan. 15. Barra currently holds what many say is the most important job in the company — senior vice president for global product development.

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China November Auto Sales Up 16 Percent

December 10, 2013 10:14 am | by Joe McDonald, AP Business Writer

China's auto sales rose 16 percent in November as Japanese automakers extended a rebound in the world's biggest vehicle market, an industry group reported Tuesday. The figures were an unexpectedly strong performance for automakers that are looking to China to drive global sales amid weakness in U.S., Japanese and European markets.

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Colo. Company Recalls 90,000 Pounds Of Meat

December 10, 2013 10:11 am | by The Associated Press

A Windsor meat company has recalled some 90,000 pounds of various meat and poultry products that were produced under unsanitary conditions.                               

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Sysco To Buy US Foods For About $3.5B

December 10, 2013 10:06 am | by The Associated Press

Sysco is buying privately held US Foods for about $3.5 billion in cash and stock. When the deal closes, Sysco expects the addition of US Foods to boost its annual sales by about 46 percent to around $65 billion.           

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Engineering Firm To Pay $32M To Settle Bribery Charges

December 10, 2013 10:00 am | by The Associated Press

A German engineering company has agreed to pay a $32 million fine as part of an agreement to settle charges it worked with a Texas company to bribe Nigerian officials in order to win a $387 million pipeline contract.         

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Court: Exec Guilty Over Faulty French Implants

December 10, 2013 9:57 am | by Lori Hinnant, Associated Press

A French businessman who sold tens of thousands of breast implants filled with industrial-grade silicone and prone to leaks was convicted of fraud on Tuesday and sentenced to the maximum four years in prison.            

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