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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

U.S. Still Interested In Brazilian Military Aircraft

March 2, 2012 10:03 am | by Jenny Barchfield, Associated Press

The U.S. is still interested in the Super Tucano aircraft, a State Department official said days after the Air Force said it was rescinding a $354M contract for such aircraft.

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Plans Call For Demolishing Detroit Packard Plant

March 2, 2012 10:01 am | by The Associated Press
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Jobs Picture Brightens, But Incomes Weak

March 2, 2012 9:59 am | by Christopher S. Rugaber, Derek Kravitz, AP Economics Writers

Americans' after-tax income adjusted for inflation actually fell in January, which led to a fourth straight month of weak consumer spending.

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Big Sales For Small Cars In February

March 1, 2012 1:32 pm | by Dee-Ann Durbin, Tom Krisher, AP Auto Writers

Chrysler's February sales rose 40 percent from a year earlier as it sold nearly 134,000 new cars and trucks.

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China Manufacturing Sees February Gains

March 1, 2012 1:30 pm | by Elaine Kurtenbach, AP Business Writer

China's manufacturing gained momentum in February, helped by strength in new orders, export demand and production, a government survey showed, though inflation pressures remain a concern.

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IN-Based Hybrid Startup Ceasing Operations

March 1, 2012 1:28 pm | by The Associated Press

A startup company that planned to manufacture hybrid delivery vehicles is ceasing operations, blaming "onerous" federal requirements executives say thwarted their efforts to secure a $450 million loan.

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GM To Take Peugeot Stake As Part Of Alliance

March 1, 2012 1:26 pm | by Greg Keller, AP Business Writer

General Motors and France's PSA Peugeot Citroen, both struggling in Europe, unveiled the details of a strategic alliance that will see the U.S. auto giant take a small stake in Europe's No. 2 carmaker.

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Australian Charged In U.S. Says He Sold To Iran

March 1, 2012 1:22 pm | by The Associated Press

Prosecutors say Levick concealed the fact that the goods were intended for shipment to Iran and duped manufacturers, shippers, and distributors about their intended use.

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Apple Market Value Hits $500B, Where Few Have Gone

March 1, 2012 1:18 pm | by Peter Svensson, AP Technology Writer

Apple's market capitalization topped $500 billion Wednesday, climbing to a mountain peak where few companies have ventured — and none have stayed for long.

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Steel King Industries Announces Top Dealers For 2011

February 29, 2012 3:09 pm

Steel King Industries Inc. is pleased to announce our Excalibur Dealer Awards for 2011.

Subaru Moves To Top Spot In Automaker Rankings

February 29, 2012 2:24 pm | by The Associated Press

Consumer Reports named Subaru as its top all-around automaker, thanks largely to trio of newly redesigned vehicles.

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First Solar Sends Jitters Through The Sector

February 29, 2012 2:22 pm | by The Associated Press

A surprising quarterly loss from the nation's largest solar equipment manufacturer rattled the entire sector, sending shares of every major company downward.

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Japan Factory Output Rises In January

February 29, 2012 2:20 pm | by The Associated Press

Japan's factory production has risen for a second straight month, boosted by car and camera manufacturing.

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Microsoft Sees Future In Windows 8 Amid iPad Rise

February 29, 2012 2:17 pm | by Michael Liedtke, AP Technology Writer

The company is hoping to keep milking revenue from a PC market that appears to be past its prime.

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Taiwan Seeks Merger With Restructured Elpida

February 29, 2012 2:15 pm | by The Associated Press

Taiwan's government said it would push for the consolidation of the island's memory chip makers with Elpida Memory, days after the Japanese chipmaker filed for bankruptcy.

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India's Economic Growth Sags To 6.1 Percent

February 29, 2012 2:13 pm | by Erika Kinetz, AP Business Writer

High interest rates, rising production costs, and corruption scandals have all taken a toll on Asia's third-largest economy.

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GM Likely To Spend $500M On Employee Payments

February 29, 2012 10:16 am | by Tom Krisher, AP Auto Writer

General Motors is likely to spend more than $500 million on employee bonuses and profit-sharing based on the company's performance last year.

Japan Says It May Cancel F-35 Order If Prices Rise

February 29, 2012 10:14 am | by Eric Talmadge, Associated Press

Japan may cancel its multibillion-dollar plans to buy dozens of F-35 stealth fighter jets from the U.S. if prices continue to rise or delays threaten the delivery date, its defense minister said.

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Rules To Prevent Car Back-Over Deaths Delayed

February 29, 2012 10:11 am | by Joan Lowy, Associated Press

Rules aimed at helping drivers avoid unintentionally backing over children are being delayed again following complaints from automakers that requiring rearview video cameras systems on new autos would be too expensive.

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Boeing Delivers 747 To VIP Customer

February 29, 2012 10:09 am | by Joshua Freed, AP Airlines Writer

Boeing said on Tuesday that it's on track to deliver the first of its new 747s that will haul paying passengers early this year.

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