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Daily industrial news and top headlines for plant and maintenance managers
Abbott Recalls Blood Glucose Meters
April 15, 2013 1:29 pm | by The Associated Press | CommentsAbbott Laboratories is recalling its FreeStyle InsuLinx Blood Glucose Meters after finding that they display and store incorrect test results for dangerously high blood sugar levels. The company says the meters will display and store readings for blood glucose levels of 1,024 milligrams per deciliter or higher at much lower levels.
Airbus Expanding Plant, Workforce In Kansas
April 15, 2013 1:27 pm | by The Associated Press | CommentsAirbus Americas Engineering says it is planning to expand into a third space in downtown Wichita. The company announced Monday it has already hired more people than had been expected after its last expansion. The firm's vice president of engineering, John O'Leary, says it has hired 150 people, more than the 100 it had planned to hire when it expanded in 2012.
Kodak Selling Document Imaging Assets For $210M
April 15, 2013 1:23 pm | by The Associated Press | CommentsKodak has agreed to sell some of its document imaging assets to Brother Industries Ltd. for about $210 million, its latest deal as it seeks to exit bankruptcy protection. Japan-based Brother also would assume the business' deferred service revenue liability, which totaled about $67 million as of Dec. 31, the companies said Monday.
EADS In Talks To Buy Part Of French Gov't Stake
April 15, 2013 10:04 am | by The Associated Press | CommentsEuropean aerospace giant EADS says in a statement Monday that the deal would see it buy back 1.56 percent of its shares from the French government's current 14.83 percent stake. The company will pay 37.35 euros per share — about the same as French media group Lagardere was paid when it sold its entire stake last week.
Jury Finds Helmet Maker Riddell Negligent
April 15, 2013 10:01 am | by Catherine Tsai, Associated Press | CommentsThe jury awarded $11.5 million to the family of Rhett Ridolfi, who suffered a concussion during practice at Trinidad High School in 2008. Ridolfi, now 22, wasn't immediately taken to the hospital and now has severe brain damage, as well as paralysis on his left side.
American Crystal Sugar Workers Approve Contract
April 15, 2013 9:45 am | by The Associated Press | CommentsLeaders of the Bakery, Confectionery, Tobacco Workers and Grain Millers International union said in a news release that the workers voted 55 percent to accept company management's contract offer. It was the workers' fifth time voting on the contract.
GM, Ford To Collaborate On New Transmissions
April 15, 2013 9:41 am | by Tom Krisher, AP Auto Writer | CommentsGeneral Motors and Ford are putting aside their longstanding rivalry to work together to develop a new generation of fuel-efficient automatic transmissions. The companies said Monday that their engineers will jointly design nine- and 10-speed transmissions that will go into many of their new cars and trucks.
Amid Investigation, Coal Exports At Record Levels
April 15, 2013 9:35 am | by Matthew Brown, Associated Press | CommentsFrom the time coal is scooped from the depths of the Spring Creek strip mine in Montana's wide-open Powder River Basin until it travels more than 6,000 miles across the Pacific Ocean to power plants in South Korea, the price can increase more than fivefold.
Thermo Fisher Buying Life Technologies For $13.6B
April 15, 2013 9:07 am | CommentsThermo Fisher Scientific will spend $13.6 billion to buy genetic testing equipment maker Life Technologies in a cash deal that will create a giant company serving research and specialty diagnostics. That price does not count $2.2 billion in debt that will be assumed as part of the deal.
Ingersoll Rand Photo Contest Reveals Rich History Of 80-Year-Old Products
April 12, 2013 3:31 pm | by Ingersoll Rand | CommentsHuston Wyeth of St. Joseph, Mo., submitted his company’s 1936 reciprocating air compressor and won a new Garage Mate Single-Stage Air Compressor. Floyd Hudson of Montoursville, Pa., entered his great-grandfather’s air hammer from the 1930s and won a new cordless drill.
Feds: $5.5M From GM For Onondaga Lake Pollution
April 12, 2013 3:31 pm | by The Associated Press | CommentsFederal authorities say they've settled the last piece of claims against General Motors Co. for pollution in central New York's Onondaga Lake. U.S. Attorney Preet Bharara says the $5.5 million agreement was reached this week in U.S. Bankruptcy Court with the trust handling the affairs of the automotive company, which filed for Chapter 11 protection in 2009.
Pratt & Whitney Expects More Orders
April 12, 2013 3:30 pm | by Kelli Kennedy, Associated Press | CommentsPratt & Whitney's military program likely will take a dip as the company transitions from the legacy military engines it's known for making, but engine orders will pick up in a few years with an increase in production of joint strike fighter engines, the company's president said Thursday.
Metal Company Brings 146 Jobs To South Carolina
April 12, 2013 3:30 pm | by The Associated Press | CommentsA metal fabrication company says it is coming to South Carolina's Anderson County and will hire nearly 150 workers. SMF Inc. plans to spend nearly $6 million putting its new plant in an existing building, opening in July. The company hopes to have 146 employees working in the plant by 2018.
RIM Seeks Probe Into BlackBerry Returns Report
April 12, 2013 3:30 pm | by Rob Gillies, Associated Press | CommentsThe maker of the BlackBerry said Friday that it wants U.S. and Canadian regulators to investigate a "false and misleading" report by a financial analyst that claims the company's new smartphone is being returned in unusually high numbers.
U.S. Approves Japan Entry Into TPP Trade Talks
April 12, 2013 3:30 pm | by Matthew Pennington, Associated Press | CommentsThe United States on Friday approved Japan's entry into negotiations on the Trans-Pacific Partnership, a critical step for Tokyo's inclusion in a regional trade pact that underpins the Obama administration's efforts to boost exports to Asia.
