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Daily industrial news and top headlines for plant and maintenance managers

Obama: 2014 Can Be Breakthrough Year For U.S.

January 20, 2014 9:20 am | by The Associated Press

In his weekly radio and Internet address, Obama says the U.S. is primed to bring back jobs lost in the recession or to overseas competitors. But he says to make that happen, the U.S. must act to create good-paying jobs and increase economic opportunity.

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Slumping Intel To Cut More Than 5,000 Jobs In 2014

January 20, 2014 9:16 am | by Michael Liedtke, AP Technology Writer

The purge represents about 5 percent of the roughly 108,000 jobs that Intel had on its payroll at the end of December. The company intends to jettison the jobs without laying off workers, said Intel spokesman Bill Calder. The reductions instead will be achieved through attrition, buyouts, and early retirement offers.

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Mass. Tool Manufacturer Continues To Expand

January 17, 2014 2:59 pm | by Mayhew Steel Products Incorporated

Mayhew Steel Products Incorporated announced today that it has completed the acquisition of the land and buildings adjacent to its facility in the Turners Falls Airport Industrial Park. The expansion creates a 12 acre smoke-free campus with over 80,000 square feet of manufacturing, warehouse, and office space.

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Auto Shows Do More For Women, But Lean Towards Guys

January 17, 2014 2:07 pm | by Dee-Ann Durbin, AP Auto Writer

Women now buy nearly half the new cars in the U.S., a sharp increase compared with a generation ago, and the auto industry is trying to demonstrate that it's keeping up with the times when it showcases the latest models to the public.     

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GE Rides Oil And Gas, Aircraft To Higher 4Q Profit

January 17, 2014 1:57 pm | by Jonathan Fahey, AP Business Writer

General Electric Co. posted increased revenue and profit for the fourth quarter on rising sales in emerging markets, higher banking profit, and stronger global sales of aircraft engines and oil and gas drilling equipment.         

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Target Breach Appears To Be Part Of Broader Scam

January 17, 2014 1:53 pm | by Anne D'Innocenzio, AP Retail Writer

The security breach that hit Target Corp. during the holiday season appears to have been part of a broader and highly sophisticated scam that potentially affected a large number of retailers, according to a report published by a global cyber intelligence firm that works with the U.S. Secret Service and the Department of Homeland Security.

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MAPI Business Outlook: Manufacturing Sector Continues Upswing

January 17, 2014 1:45 pm | by Manufacturers Alliance for Productivity and Innovation (MAPI)

The December 2013 composite index improved to 67 from 66 in the September survey—the fourth straight quarterly advance and the highest level since the September 2011 reading of 67. For 17 quarters, the index has remained above the threshold of 50, the dividing line separating contraction and expansion.

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Canada Urges U.S. To Decide On Keystone XL Pipeline

January 17, 2014 1:37 pm | by Rob Gillies, Associated Press

Canada's foreign minister says it's time for the Obama administration to make a decision on the controversial Keystone XL pipeline even if the answer is no. John Baird said Thursday "We can't continue to live in a state of limbo" during a speech at the U.S. Chamber of Commerce in Washington.

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FutureGen Gets Key Energy Department Approval

January 17, 2014 1:34 pm | by David Mercer, Associated Press

The Energy Department issued its 25-page approval of the $1.65 billion plan that would refit a coal-fired power plant in Meredosia in western Illinois. The project would remove carbon dioxide from the coal and store it underground. The greenhouse gas is linked to climate change.

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U.S. Employers Advertise Most Jobs Since March 2008

January 17, 2014 1:30 pm | by Christopher S. Rugaber, AP Economics Writer

U.S. employers advertised more jobs in November and more Americans quit, positive signs for millions who are unemployed and looking for work. The Labor Department says job openings rose 1.8 percent to 4 million, the most in 5 ½ years. And the number of people quitting increased 1.9 percent to 2.4 million, a five-year high.

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Factory Output Rises For Fifth Straight Month

January 17, 2014 1:28 pm | by Josh Boak, AP Economics Writer

U.S. factory output rose for a fifth straight month in December, as manufacturers cranked out more cars and trucks, appliances, and processed food. The gains suggest factories gave economic growth a strong boost at the end of the year. The Federal Reserve said Friday that factory production rose 0.4 percent in December.

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IBM To Invest Over $1.2B In Cloud Services

January 17, 2014 12:37 pm | by The Associated Press

The computing services company said Friday that it will build 15 data centers around the world this year to add to the 12 it already operates and the 13 it recently acquired through its $2 billion purchase of cloud computing company SoftLayer last year.

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Survey: Costs Of Electronic Equipment Failure Rising

January 17, 2014 12:29 pm | by Innovolt

The costs and challenges associated with electronic asset failures are significant. To better understand these issues, Innovolt Inc. sponsored a survey of executives from several industries that are particularly dependent upon the reliability, performance, and lifespan of sensitive electronic equipment.

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Panasonic To Sell 3 Overseas Chip Assembly Plants

January 17, 2014 9:57 am | by The Associated Press

The move is part of efforts by the Japanese electronics manufacturer to accelerate outsourcing of its slumping semiconductor manufacturing operation. Last month, the company said it will sell off three of its semiconductor plants in central Japan to an Israeli chipmaker.

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U.S. Officials Call For More Safety For Oil By Rail

January 17, 2014 9:54 am | by Matthew Brown, Associated Press

Topping the list are plans to analyze the risks of oil trains that in recent years began passing regularly through major metropolitan areas across the U.S., Transportation Secretary Anthony Foxx said. The results could be used to alter some routes, government officials said. 

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Calif. Sued Over New Flame Retardant Regulations

January 17, 2014 9:36 am | by The Associated Press

A chemical company is suing California to overturn new flammability standards for furniture and other products that allow manufacturers to stop using chemical flame retardants. Chemtura Corp. filed its suit Thursday in Sacramento County Superior Court, saying the state's new rules weaken fire safety standards.

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Auto Show: 5 Things We Learned In Detroit

January 17, 2014 9:33 am | by Dee-Ann Durbin and Tom Krisher, AP Auto Writers

Ford's aluminum-clad F-150 shows us that automakers are figuring out how to improve fuel economy and still give Americans the big vehicles they want. Porsche's 911 Targa and pocket rockets from Volkswagen and Subaru demonstrate that buyers still love performance cars, no matter what their budget.

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Senate Easily Passes $1.1T Spending Bill

January 17, 2014 9:24 am | by Andrew Taylor, Associated Press

Congress sent President Barack Obama a $1.1 trillion government-wide spending bill Thursday, easing the harshest effects of last year's automatic budget cuts after tea party critics chastened by October's partial shutdown mounted only a faint protest.

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Biden: Auto Resurgence Good For Detroit, U.S.

January 16, 2014 2:02 pm | by Jeff Karoub, Associated Press

"We bet on American ingenuity, we bet on you, and we won," Biden told the audience, flanked by a half-dozen General Motors, Ford, and Chrysler vehicles. All three Detroit automakers have made billions in the recovery following the Great Recession.

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EPA Denies Politics Delayed Pollution Rules

January 16, 2014 1:52 pm | by Matthew Daly, Associated Press

The head of the Environmental Protection Agency is denying Republican claims that the agency delayed formal publication of rules intended to limit carbon pollution from new power plants for political reasons. EPA Administrator Gina McCarthy said the agency submitted the rules for publication last fall and "tried very hard" to get them published in the Federal Register.

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