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Daily industrial news and top headlines for plant and maintenance managers

Gov't Sells Another $811M In GM Stock

September 11, 2013 2:46 pm | by The Associated Press

The government is getting closer to selling all of its General Motors Co. stock. The Treasury Department said in its August report to Congress that it sold $811 million worth of GM common stock last month. The report dated Tuesday says the government has recovered about $35.4 billion of the $49.5 billion bailout it gave the Detroit automaker.

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Koreas Set To Restart Jointly Run Factory Park

September 11, 2013 2:42 pm | by Foster Klug, Hyung-Jin Kim, Associated Press

North and South Korea agreed Wednesday to restart operations at a jointly run factory park that Pyongyang shut down in April during a torrent of threats, the latest sign of easing animosity between the rivals. Wariness, however, still lingers in Seoul and Washington over Pyongyang's springtime provocations.

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New Factory Slated For Buffalo, Bringing 170 Jobs

September 11, 2013 2:38 pm | by Carolyn Thompson, Associated Press

Buffalo's steel-making history helped the city land a $102 million factory that will produce pipes for the oil and gas industry and create 172 jobs, according to the president of the Dubai-based manufacturer. Gov. Andrew Cuomo said Tuesday that economic incentives for the project, which had been considered for Houston, include $2 million in funding from the sale of unallocated hydropower and up to $6.4 million in tax credits.

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Nissan Says 2014 Rogue Is More Efficient

September 11, 2013 2:36 pm | by Dee-Ann Durbin, AP Auto Writer

Nissan Motor Co. says its revamped Rogue SUV will be cheaper and more fuel-efficient than its rivals when it goes on sale in the U.S. in November. Nissan unveiled the 2014 Rogue Tuesday at its North American technical center near Detroit. The Rogue's European counterpart, the X-Train, was revealed at the same time at the Frankfurt Auto Show in Germany. 

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Oshkosh Corp. Union Votes To Reopen Contract Talks

September 11, 2013 2:34 pm | by The Associated Press

Union workers at the Oshkosh Corp. voted Tuesday to reopen contract extension talks with the company to help win a military contract. United Auto Workers Local 578 President Joe Preisler confirmed the vote in a text to Oshkosh Northwestern Media. The union did not release vote totals.

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U.S. Employers Posted Fewer Jobs, But Hired More

September 11, 2013 10:12 am | by Christopher S. Rugaber, AP Economics Writer

U.S. employers advertised fewer jobs in July but hired more workers, a mixed sign that suggests only modest improvement in the job market. Job openings fell 180,000 in July to 3.7 million, the Labor Department said Tuesday. That's down from 3.9 million the previous month, which was revised lower.

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Corker Calls VW Talks With UAW 'Incomprehensible'

September 11, 2013 10:08 am | by Erik Schelzig, Associated Press

Volkswagen would become a "laughingstock" if it goes through with a deal to have the United Auto Workers represent workers at its Tennessee plant, U.S. Sen. Bob Corker said Tuesday. The Tennessee Republican told The Associated Press in a phone interview that he was dismayed when VW last week sent a letter to employees regarding its discussion with the UAW about creating a German-style works council at the Chattanooga plant.

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Photo Of The Day: Electric Dreams At Auto Show

September 11, 2013 10:05 am | by David McHugh, AP Business Writer

Judging by the slew of electric and hybrid vehicles being rolled out at the Frankfurt Auto Show, it might seem carmakers are tapping a large and eager market. But in fact almost no one buys such cars — yet.

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Barbour: U.S. Needs Variety Of Energy Sources

September 11, 2013 10:01 am | by Emily Wagster Pettus, Associated Press

Former Mississippi Gov. Haley Barbour on Tuesday defended a coal-fired power plant that's under construction in Kemper County, saying the U.S. should develop a variety of energy sources, including Mississippi-mined lignite that will be used at the plant.

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Death Toll From Chinese Explosion Rises To 7

September 11, 2013 9:59 am | by The Associated Press

Authorities in a southern Chinese city said Wednesday that a deadly explosion was sparked while workers unloaded banned caps for children's toy guns and that the toll from the blast rose to seven dead and 36 injured. Tuesday's blast was ruled accidental, the Guangzhou Internet Information office said.

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U.S. Agency Probes BMW 328i For Brake Problem

September 11, 2013 9:57 am | by The Associated Press

U.S. safety regulators are investigating brake problems in 90,000 late-model BMW cars. The National Highway Traffic Safety Administration says the probe covers the 328i from the 2013 model year. The government has received four complaints from drivers that it was difficult to brake the cars. Some reported increased stopping distances.

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Sturm, Ruger Offered $15M For NC Gun Factory

September 10, 2013 2:15 pm | by The Associated Press

Gun manufacturer Sturm, Ruger & Co. could receive nearly $15 million for opening a new factory in the North Carolina community already home to America's largest firearms maker. Mayodan's town council on Monday approved offering Southport, Conn.-based Sturm, Ruger more than $850,000 over 14 years if it meets investment and job targets, The News & Record of Greensboro reported.

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AFL-CIO Hopes To Expand Membership

September 10, 2013 2:13 pm | by Sam Hananel, Associated Press

The AFL-CIO plans to open its membership to more non-union groups in an effort to restore the influence of organized labor as traditional union rolls continue to decline. A resolution approved Monday at the federation's quadrennial convention in Los Angeles would expand membership for workers who aren't covered by a collective bargaining agreement.

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Photo Of The Day: 007 'Submarine Car'

September 10, 2013 2:10 pm | by The Associated Press

A car that transformed into a submarine in the James Bond movie "The Spy Who Loved Me" has been sold at a London auction for 550,000 pounds ($865,000). The distinctively-shaped white Lotus Esprit, designed for an underwater scene in the 1977 film starring Roger Moore, was sold at RM Auctions on Monday.

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Renault Chief: No. 2 Left Because His Eye Wandered

September 10, 2013 2:08 pm | by The Associated Press

Renault's chief executive Carlos Ghosn says his No. 2 decided to step down after telling a reporter that he had his eye on the top job at General Motors Co. or Ford Motor Co. In an interview last month, chief operating officer Carlos Tavares told Bloomberg that he doubted he'd ever become head of Renault because Ghosn is still relatively young.

U.S. Gov't Investigating Electric Ford Focus

September 10, 2013 2:06 pm | by The Associated Press

The U.S. government is investigating allegations that the electric version of the Ford Focus can stall without warning. The National Highway Traffic Safety Administration said Tuesday it has gotten 12 complaints from drivers of Focus Electrics from the 2012 and 2013 model years.

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Union Vote On Oshkosh Corp. Contract Extension

September 10, 2013 2:05 pm | by The Associated Press

The Oshkosh Corp. is once asking union members to reopen contract extension talks with the company to help win a military contract. Oshkosh has asked for a five-year extension on the present labor contract with United Auto Workers Local 578 that expires in 2016.

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GA Governor Touts Energy Efforts, Links To Jobs

September 10, 2013 10:15 am | by Christina A. Cassidy, Associated Press

Gov. Nathan Deal touted the state's efforts to lure manufacturing firms with its energy policy on Monday, saying a recent energy sales tax exemption has brought jobs to Georgia and that a stable supply in the state could bring more. Last year, state lawmakers approved a plan that eliminated the energy sales tax on manufacturing plants.

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First U.S. Smartphone Assembly Plant Opens

September 10, 2013 10:09 am | by The Associated Press

Gov. Rick Perry and top executives are attending the opening of a Fort Worth plant where cellphone pioneer Motorola will produce the first smartphone ever assembled in the U.S. Motorola is owned by Google, whose Executive Chairman, Eric Schmidt, will be on-hand Tuesday, as will Motorola CEO Dennis Woodside.

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1,400 To Lose Jobs In Plants' Closure

September 10, 2013 10:07 am | by The Associated Press

Financially troubled Furniture Brands International is laying off 1,451 workers in northeast Mississippi after filing for Chapter 11 bankruptcy. The St. Louis, Mo., furniture company designs, manufactures and markets furniture under a variety of notable brand names, including Broyhill and Thomasville.

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