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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Poll: Half Of Older Workers Delay Retirement Plans

October 14, 2013 2:18 pm | by Matt Sedensky, Associated Press

Older Americans appear to have accepted the reality of a retirement that comes later in life and no longer represents a complete exit from the workforce. Some 82 percent of working Americans over 50 say it is at least somewhat likely they will work for pay in retirement.

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Eurozone Industrial Output Rebounds In August

October 14, 2013 2:15 pm | by Pan Pylas, Associated Press

Eurostat, the EU's statistics office, said industrial production rose 1 percent. The increase was roughly in line with market expectations.                   

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Auto Parts Supplier Opening $110M Plant

October 14, 2013 2:10 pm | by AP

French company Plastic Omnium plans a ribbon-cutting Tuesday for the Inergy Automotive Systems facility, located in Wayne County near New Boston. The facility will produce about 1.5 million plastic fuel tanks a year.       

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Daimler Trucks Won't Build New Headquarters In S.C.

October 14, 2013 9:15 am | by The Associated Press

When South Carolina gave Daimler Trucks $2 million to buy land in York County five years ago, the hope was the vehicle-maker would move its company's headquarters to the region.            

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China Reports Unexpected Drop In September Exports

October 14, 2013 9:14 am | by Joe McDonald, AP Business Writer

China's exports suffered an unexpectedly sharp decline in September amid weak global demand but imports grew. Exports fell 0.3 percent to $185.6 billion, a customs official said at a news conference.         

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$120M Lawsuit Over Ind. Factory Moves Ahead

October 14, 2013 9:12 am | by The Associated Press

The Indiana appeals court has decided against stopping a lawsuit filed by a Detroit-based construction company against the German company that stopped building a new transmission factory in central Indiana five years ago.     

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Ford, University Of Michigan Open New Battery Lab

October 14, 2013 9:09 am | by Dee-Ann Durbin, AP Auto Writer

Ford Motor Co. and the University of Michigan are opening a new battery research and manufacturing lab that they hope will speed the development of batteries for electric and hybrid cars.           

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DuPont Pioneers Food Safety Testing Process

October 14, 2013 9:06 am | by Cori Anne Natoli, The News Journal

Inside the labs of DuPont's Nutrition and Health business at the Experimental Station, a team of scientists in Delaware whose life work is rooted in improving food safety testing technologies advance the BAX system, which the firm invented to detect foodborne pathogens, including salmonella, listeria and E. coli.

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Car Sales Burst A Challenge To Parts Suppliers

October 14, 2013 9:04 am | by The Associated Press

The rising demand for new cars is creating a problem for parts suppliers — and that, in turn, could hurt the growth of car plants in Mississippi, a trade association official says.            

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Canadian Company Eyes Ky. For Possible Hemp Plant

October 11, 2013 1:41 pm | by BRUCE SCHREINER, Associated Press

Hemp Oil Canada Inc. President and CEO Shaun Crew said the Bluegrass state is in the running for a possible plant in the U.S. to process hemp seeds. The company would look to contract with area farmers to supply seeds to the plant, he said.

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Baby Boomers Fueling Wave Of Entrepreneurship

October 11, 2013 1:38 pm | by Matt Sedensky, Associated Press

In a mix of boomer individualism and economic necessity, older Americans have fueled a wave of entrepreneurship. The result is a slew of enterprises such as Crash Boom Bam, the vintage drum company that 64-year-old Glay began running from a spare bedroom in his apartment in 2009.

Dow Chemical Sells Unit For $500M

October 11, 2013 1:37 pm | by AP

The sale includes Dow Chemical's polypropylene catalysts manufacturing plant in Norco, La., and customer contracts, licenses, intellectual property and inventory.               

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Jury Finds BP Negligent In Texas Emissions Event

October 11, 2013 1:36 pm | by AP

Jurors unanimously agreed BP PLC was responsible, but only one wanted to award damages. Most jurors say there wasn't enough evidence to link the pollution to illnesses.              

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China Auto Sales Surge As Japan Brands Rebound

October 11, 2013 1:34 pm | by Joe McDonald, AP Business Writer

Sales of passenger vehicles rose 21.1 percent to 1.6 million vehicles, up from August's 10 percent growth.                         

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Raytheon Wins Navy Contract Worth Up To $1.6B

October 11, 2013 1:33 pm | by AP

The defense contractor, which is based in Waltham, Mass., said that it is designing the radar for the Flight III Arleigh Burke destroyer beginning in 2016.                

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Cuomo: 1,000 Jobs In NY From $1.5B Tech Investment

October 11, 2013 9:12 am | by The Associated Press

Six high-tech companies will invest $1.5 billion in the Mohawk Valley to create more than 1,000 high-tech jobs and help grow a second nanotechnology hub upstate, Gov. Andrew Cuomo said Thursday.          

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Ford Board Meeting Ends With No Word On Mulally

October 11, 2013 9:10 am | by Dee-Ann Durbin, AP Auto Writer

Ford's board of directors has ended a two-day quarterly meeting without issuing a public statement on the future of CEO Alan Mulally.                    

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Jury: Toyota Not Liable For Death Of U.S. Woman

October 11, 2013 9:08 am | by The Associated Press

A verdict clearing Toyota Motor Corp. in the death of a California woman whose 2006 Camry apparently accelerated despite her efforts to stop could bode well for the Japanese automaker as it faces similar cases.       

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Platform Buying Chemical Maker MacDermid For $1.8B

October 11, 2013 9:02 am

A holding company, Platform, says it is buying MacDermid Inc. for $1.8 billion as a means to build a chemicals business.                      

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Chrysler Spends $1.2B To Expand In Mexico

October 11, 2013 9:00 am | by The Associated Press

Chrysler Group says it's investing more than $1.2 billion in two Mexican plants to build commercial vans and engines.                      

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