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Daily industrial news and top headlines for plant and maintenance managers
Components Maker Expanding In Tennessee
August 14, 2012 1:49 pm | by The Associated Press | CommentsA manufacturer of custom metal-formed components is expanding operations in Tennessee's Wilson County.
Fisker Names Former Chevy Volt Chief As New CEO
August 14, 2012 1:47 pm | by The Associated Press | CommentsThe luxury hybrid carmaker says that Tony Posawatz is CEO effective immediately. Posawatz, 52, spent more than 30 years at GM.
Falling GM Stock Raises Government Loss On Bailout
August 14, 2012 10:10 am | by Tom Krisher, AP Auto Writer | CommentsU.S. taxpayers will lose $3.3 billion more on the auto industry bailout than the government predicted two months ago, hurt by General Motors' falling stock price.
Luxury Cars Do Poorly In New Crash Tests
August 14, 2012 10:08 am | by Dee-Ann Durbin, AP Auto Writer | CommentsMost midsize luxury cars — including the Mercedes-Benz C-Class — performed poorly in a new frontal crash test developed by the Insurance Institute for Highway Safety in the U.S.
U.S. Wholesale Prices Rose 0.3 Percent In July
August 14, 2012 10:07 am | by Martin Crutsinger, AP Economics Writer | CommentsU.S. wholesale prices increased in July from June, pulled up by higher costs for cars and light trucks and the biggest increase in corn prices in nearly six years.
Union, Automakers Gear Up For Negotiations
August 14, 2012 10:06 am | by Alexandra Posadzki, The Canadian Press | CommentsThe Canadian Auto Workers union and the Detroit big three automakers are gearing up for the latest round of contract talks.
Solyndra Agrees To Settle Suit Over Layoffs
August 14, 2012 10:04 am | by The Associated Press | CommentsBankrupt solar company Solyndra has agreed to pay $3.5 million to settle accusations that it failed to properly notify employees they would losing their jobs.
Work To Start On Turkey Processor's IN Plant
August 14, 2012 10:03 am | by The Associated Press | CommentsA turkey processing company is set to break ground on a $70 million plant in southeastern Indiana that it says will employ hundreds of people.
GM Makes Bid For Ally's Overseas Operations
August 13, 2012 12:16 pm | by The Associated Press | CommentsGeneral Motors said that it submitted a bid for Ally Financial's international operations, a move that would more than double the assets of its financing arm, but also significantly increase its debt.
Google Cutting 4,000 At Motorola Unit
August 13, 2012 12:15 pm | by The Associated Press | CommentsThe reductions represent about 20 percent of Motorola Mobility's 20,000 employees, and 7 percent of Google's overall work force.
Mercedes-Benz Recalls Floor Mats From ML-Class
August 13, 2012 12:14 pm | by The Associated Press | CommentsMercedes-Benz is recalling all-season accessory floor mats sold in model year 2012 and 2013 ML-Class vehicles because they could cause the car's gas pedal to get stuck.
US Magnesium Loses Pollution Appeal
August 13, 2012 12:12 pm | by Paul Foy, Associated Press | CommentsUtah is moving to close a regulatory loophole that let industries exceed pollution limits and escape sanctions by blaming malfunctioning equipment.
Parker Hannifin Selling Auto Air Conditioning Unit
August 13, 2012 12:11 pm | by The Associated Press | CommentsParker Hannifin is selling its automotive air conditioning business to Germany's ContiTech AG.
Gov't To Challenge Court Shutdown Of Steel Plant
August 13, 2012 12:09 pm | by The Associated Press | CommentsAn Italian Cabinet official warns a judge's decision to close a steel plant employing thousands on environmental grounds will cripple the government's industrial policy.
Gov. Quinn Supports Striking Caterpillar Workers
August 13, 2012 10:12 am | by The Associated Press | CommentsQuinn offered his support and a $10,000 donation to workers striking outside a Caterpillar plant south of Chicago, wading into a months-long labor dispute with a company whose chief executive has been a harsh critic of his administration.
