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Daily industrial news and top headlines for plant and maintenance managers

Senator: U.S. Coal Sales Might Have Cost Taxpayers

February 5, 2014 2:20 pm | by Matthew Brown, Associated Press

Congressional investigators have found problems with federal coal sales that might have cost taxpayers $200 million or more in lost revenue, a senator said Tuesday.                         

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Ingersoll-Rand Increases Dividend By 19 Pct.

February 5, 2014 2:04 pm | by The Associated Press

Ingersoll-Rand plc said Wednesday that it is increasing its quarterly dividend by 19 percent and announced a $1.5 billion share repurchase program. Shares of the Irish industrial and commercial products maker jumped in trading in reaction.    

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Trustees: GE Misleads In Hudson Dredge Report

February 5, 2014 1:55 pm | by Michael Hill, Associated Press

Federal trustees who will assess General Electric's liability for harm done to the Hudson River's natural resources accused the company Monday of being misleading in a report that found no need to voluntarily expand dredging.        

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Wis. Plan For Worker Training Gets Support

February 5, 2014 1:47 pm | by Scott Bauer, Associated Press

Wisconsin Gov. Scott Walker's proposal to spend $35 million to help technical colleges train people for high-demand jobs, as well as do more to help find work for people with developmental disabilities, found widespread support Tuesday at a legislative hearing.

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Company In W.Va. Spill Moving Chemicals To Pa.

February 5, 2014 1:45 pm | by The Associated Press

Freedom Industries is expected to move 3,500 gallons of crude MCHM from its Nitro, W.Va., facility to a coal facility in Pennsylvania on Tuesday. The Department of Environmental Protection warned that it could mean unsavory licorice smells for neighbors.

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Aston Martin Recalls More Than 17,000 Luxury Cars

February 5, 2014 1:43 pm | by The Associated Press

British luxury carmaker Aston Martin says it is recalling 17,590 sports cars because of a problem with the accelerator pedal molding. The company said Wednesday there had not been any accidents or injuries stemming from the fault, which can cause the engine to idle unexpectedly.

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Silicon Valley Economy Back At Dot-Com Era Highs

February 5, 2014 10:00 am | by Martha Mendoza, AP National Writer

The region added nearly 47,000 jobs in 2013, up 3 percent over the previous year, and the total number of jobs has surpassed pre-recession levels. Many are high wage jobs — 45 percent of households now earn more than $100,000, and per capita income is above $70,000 a year, much higher than the state average of about $44,000.

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U.S. Plastics Manufacturing Growth Continues

February 5, 2014 9:52 am | by SPI: The Plastics Industry Trade Association

The Plastics Industry Trade Association, which represents the nation’s third largest manufacturing industry, supports President Obama’s efforts to create jobs and strengthen the middle class by expanding the economy and negotiating sensible trade agreements.

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Kellogg To Close N.C. Plant, Cut Nearly 200 Jobs

February 5, 2014 9:48 am | by The Associated Press

Kellogg Co. says it plans to close its Charlotte snack factory as part of an effort to cut costs, eliminating nearly 200 jobs. Kellogg also said Tuesday that it will close two production lines at its snack factory in Cincinnati.       

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Honda To Build New Motorbike Plant In India

February 5, 2014 9:42 am | by The Associated Press

With the enhanced annual production capacity of 5.8 million units in India, Honda aims to reach top spot in the country's market. The Japanese manufacturer now ranks second in market share behind its former joint venture partner Hero group of India.

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Survey: Companies Add 175,000 Jobs In January

February 5, 2014 9:40 am | by The Associated Press

Payroll processor ADP says companies added 175,000 jobs last month. That's down from 227,000 in December, which was revised lower. But it was much better than the government's official figure of just 74,000 new jobs in December.       

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Labor Board Tries Again To Change Union Rules

February 5, 2014 9:37 am | by Sam Hananel, Associated Press

The National Labor Relations Board proposed rules Wednesday that would allow unions to hold workplace elections more quickly. That could make it easier for unions to organize and help them reverse decades of steep membership declines.   

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Texas Beef Processor Issues Recall

February 4, 2014 2:07 pm | by The Associated Press

A Fort Worth, Texas beef processor is recalling nearly 16,000 pounds of beef products because they may be contaminated by E. coli. The U.S. Department of Agriculture announced Tuesday that a "high" health risk exists for products provided by PFP Enterprises. 

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Congress: WV Spill Reveals Inadequate Regulations

February 4, 2014 2:03 pm | by Ben Nuckols, Associated Press

Although there was disagreement on some of the specifics, Democrats and Republicans on a Senate Environment and Public Works subcommittee agreed that the federal government needs to do more to protect the water supply from toxic chemicals.   

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2 Gov't Appointed GM Board Members Plan To Leave

February 4, 2014 1:59 pm | by The Associated Press

Two members of the General Motors Co. board of directors are leaving the panel in June. Both were appointed to the board by the U.S. government in July of 2009, shortly after GM left bankruptcy protection.              

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U.S. Factory Orders Down 1.5 Percent In December

February 4, 2014 1:56 pm | by The Associated Press

U.S. manufacturers saw orders for their products decline in December by the largest amount in five months although the setback for a key category that tracks business investment was not as large as first reported.           

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Cisco, Google In Patent Cross-Licensing Deal

February 4, 2014 1:52 pm | by The Associated Press

Google and Cisco have struck a long-term patent cross-licensing deal that will help lower the risk of expensive legal disputes over intellectual property and likely foster a greater collaboration between the two companies.         

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U.S. Deficit To Drop To $514B, Lowest Of Obama Years

February 4, 2014 1:47 pm | by Andrew Taylor, Associated Press

The U.S. budget deficit is set to fall to $514 billion this year, down substantially from last year and the lowest level by far since President Barack Obama took office five years ago, a congressional report said Tuesday.         

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Safety Agency Ends Ford Truck Probe Without Recall

February 4, 2014 1:27 pm | by The Associated Press

The National Highway Traffic Safety Administration opened the probe in May after getting complaints of steering gear box failures in F250 and F350 trucks. The investigation covered about 340,000 trucks from the 2008 model year.        

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Nadella To Head Microsoft; Gates Leaves Chair Role

February 4, 2014 1:24 pm | by Ryan Nakashima, AP Business Writer

Microsoft has named Satya Nadella, an executive in charge of the company's growing business of delivering software and services over the Internet, its new CEO. Company founder Bill Gates is leaving the chairman role for a new role as technology adviser.

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