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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

UAW: Nissan Subsidies Top $1.3B

May 20, 2013 10:05 am | by Jeff Amy, Associated Press

Nissan Motor Co.'s Mississippi plant is on track to receive more state aid and tax breaks than what state and company officials have previously revealed, according to a study paid for by the United Auto Workers, which is questioning whether the state is getting enough for its money.

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GM Stock Rises Above $33 For The First Time In 2 Years

May 20, 2013 10:03 am | by Tom Krisher, AP Auto Writer

Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more than two years. GM shares reached $33.77 Friday before slipping back to close at $33.42, up 3.2 percent. The auto giant sold shares to the public for $33 in a November 2010 IPO, but they've traded below that price since May 4, 2011.

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Silicon Valley-Area Hub Becomes Factory Town

May 20, 2013 10:01 am | by Martha Mendoza, AP National Writer

In a busy factory, machinists move sheets of aluminum roll in the back door to be molded, stamped, twisted and notched into high-tech electric cars that sell for more than $60,000 each. Down the road in another plant, crews slice solar cells, place them under glass sheets and create panels that ship by the boxful to Europe.

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1 Millionth Jeep Wrangler Built At Toledo Plant

May 20, 2013 10:00 am | by The Associated Press

Auto workers in Toledo celebrated a milestone this past week. The 1 millionth Jeep Wrangler rolled off the assembly line at Chrysler's assembly plant that opened in 2006. Chrysler marked the occasion Friday with a ceremony at the production line.

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IN Withdraws Support For Fertilizer Plant

May 20, 2013 9:57 am | by The Associated Press

Indiana officials withdrew state backing Friday for a fertilizer plant over concerns about whether its Pakistan-based owners are doing enough at its overseas operations to keep the potentially explosive material from being used against U.S. troops.

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Flying Car Prototypes Grounded After Crash

May 17, 2013 12:47 pm | by The Canadian Press

The Transportation Safety Board says the U.S. manufacturer of flying cars has grounded all five of its prototypes until it can determine a cause for a recent crash in B.C. One of the Maverick flying cars crashed near a Vernon elementary school last week, leaving a pilot and a passenger with minor injuries.

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FL Gov. Signs Manufacturing Tax Break Into Law

May 17, 2013 12:46 pm | by The Associated Press

Florida Gov. Rick Scott on Friday signed a bill that creates a tax break for the state's manufacturers. The governor made it official during a stop at a Tampa manufacturing firm. The measure (HB 7007) exempts manufacturers from having to pay sales taxes on equipment purchases for three years.

Cadillac Recalls SUVs In China

May 17, 2013 12:44 pm | by The Associated Press

China's product safety agency says General Motors Co.'s main Chinese joint venture is recalling Cadillac SUVs to correct a problem with nuts that hold their wheels in place. The General Administration of Quality Supervision, Inspection and Quarantine said Friday that Shanghai GM will recall 2,653 imported Cadillac SRXs.

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CAT Purchase In China Gets Huge Price Cut

May 17, 2013 12:42 pm | by The Associated Press

Caterpillar will pay $135 million less for a Chinese mining equipment company after uncovering dodgy accounting practices that inflated its value. Caterpillar announced a non-cash $580 million charge earlier this year related to the sale after uncovering "accounting misconduct" during an internal investigation of ERA Mining Machinery Ltd. and its subsidiary Zhengzhou Siwei Mechanical & Electrical Manufacturing Co. Ltd.

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Problems Surface Over AZ's 2007 Immigration Law

May 17, 2013 12:41 pm | by Jacques Billeaud, Associated Press

The immigration debate in Arizona reached a boiling point in 2007 when the state passed a groundbreaking law targeting those often blamed with fueling the nation's border woes: Employers who hire immigrants living in the U.S. illegally.

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Is It Possible to Bring Manufacturing Back to the U.S.?

May 17, 2013 12:33 pm | by David Mantey, Executive Editor, PD&D

In the press, “reshoring” is defined as the repatriation of manufacturing operations from a low-cost country, back to the home country. In Washington, it stands as the repatriation of manufacturing operations from China, back to the U.S. But in reality, according to Young, it is the transfer of “some manufacturing production from a low-cost country back to the home country or to another country, low-cost or not.”

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Kentucky Plant To Add 100 Full-Time Jobs

May 17, 2013 11:19 am | by The Associated Press

An auto parts maker is adding a new building and 100 full-time jobs to its operation in Bowling Green, Kentucky. Kobe Aluminum Automotive Products LLC broke ground Wednesday on its second expansion since November. Gov. Steve Beshear's office said the company plans to add an 87,000-square-foot building with a capital investment of up to $66 million.

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Prosecutors Want Closer Monitoring Of Ex-Mamtek CEO

May 17, 2013 11:19 am | by The Associated Press

Missouri prosecutors want a judge to let them keep closer tabs on the former head of a failed artificial sweetener plant in Moberly. Attorney General Chris Koster's office said Thursday it has filed a motion in St. Charles County Circuit Court seeking to monitor ex-Mamtek CEO Bruce Cole with a wearable GPS device.

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Alcoa To Cut 500 Canadian Jobs

May 17, 2013 11:19 am | by The Associated Press

Aluminum smelter and parts-maker Alcoa said on Thursday that it will close down two production lines at a plant in Canada and cut about 500 jobs there because of lower aluminum prices. A major portion of a planned upgrade for the facility in Quebec is being pushed back by three years, to 2019, the company said.

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Labor Group: Apple Making Progress At Foxconn

May 17, 2013 11:18 am | by The Associated Press

A labor group Apple Inc. joined to assess working conditions at three manufacturing plants in China, where its products are made, says conditions are improving. But employees are still working more hours than the country's legal limit. The Fair Labor Association said Thursday that Apple's largest supplier, Foxconn, has made all recommended improvements to working conditions that were due by the end of December.

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4-Month Strike At Peugeot Plant Ends

May 17, 2013 11:18 am | by The Associated Press

A four-month strike at a car factory north of Paris has come to an end, although the workers say they will still fight a plan to close the plant. PSA Peugeot Citroen said Friday that it had signed an agreement with the CGT union to end the strike, which started in January. The CGT called the strike "suspended."

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Authorities: Crime Not Ruled Out In TX Blast

May 17, 2013 11:18 am | by Nomaan Merchant, Associated Press

Investigators working in the remnants of an exploded Texas fertilizer plant sifted by hand through untold kernels of corn, moved tons of debris and conducted more than 400 interviews, while searching for the missing piece to solve what many officials compared to an extraordinary puzzle. One month after a fire triggered a massive blast killing 15 people, officials on Thursday had to declare the cause of the blaze as "undetermined."

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Only 2 Of 13 Small SUVs Do Well In Crash Tests

May 16, 2013 2:28 pm | by Tom Krisher, AP Auto Writer

Only two of 13 small SUVs performed well in front-end crash tests done by an insurance industry group, with several popular models faring poorly in the evaluations. Fast-selling models such as the Ford Escape, Honda CR-V and Jeep Wrangler received only "marginal" or "poor" ratings from the Insurance Institute for Highway Safety.

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Cambodian Shoe Factory Collapses, Kills 2

May 16, 2013 2:26 pm | by Sopheng Cheang, Associated Press

The ceiling of a Cambodian factory that makes Asics sneakers collapsed on workers early Thursday, killing two people and injuring seven, in the latest accident spotlighting the often lethal safety conditions faced by those toiling in the global garment industry.

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Toyota Begins To Export Yaris Out Of France

May 16, 2013 2:24 pm | by The Associated Press

Toyota Motor Corp. said Thursday it started manufacturing the Yaris compact car at its French factory for export to North America. Toyota began producing the North American-bound Yaris, known in Japan as the Vitz, at the factory of Toyota Motor Manufacturing France S.A.S. in Onnaing near the city of Valenciennes. It will be the first export of European-assembled models to North America.

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