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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Obama Wants Companies To Pay Suppliers Faster

July 11, 2014 9:43 am | by The Associated Press

Dozens of companies, including Apple, Honda and Coca-Cola, have agreed to pay their suppliers more quickly in a bid to boost small businesses, the White House announced Friday.                      

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Wisconsin Gave Money to 2 Companies That Outsourced Jobs

July 11, 2014 9:34 am | by The Associated Press

Both companies received millions of dollars in financial awards from WEDC, only to later lay off workers whose jobs were taken by employees at the companies' foreign facilities.                     

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Ford Planning $1M Alan Mulally Scholarship

July 11, 2014 9:31 am | by The Associated Press

The Alan Mulally Leadership in Engineering Scholarship, announced Thursday, provides financial assistance to students pursuing degrees in automotive engineering.                           

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Brown Signs Tax Bill Benefiting Tesla

July 11, 2014 9:29 am | by Juliet Williams, Associated Press

Gov. Jerry Brown announced Thursday that he signed legislation creating a $420 million tax credit for aerospace contractor Lockheed Martin in a bill that also includes other tax incentives apparently designed to benefit California-based electric car maker Tesla Motors Inc. 

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Alcoa Reports 2Q Profit of $138M

July 10, 2014 2:08 pm | by The Associated Press

Alcoa Inc. on Tuesday reported a second-quarter profit of $138 million, reversing a year-ago loss, and the results beat analysts' expectations.                                

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Ford Expects Return to Profit in Europe in 2015

July 10, 2014 2:07 pm | by Dee-Ann Durbin, AP Auto Writer

Ford hasn't earned a pretax profit in Europe since 2010, and it lost $1.6 billion in the region last year.                                           

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Is Washington Broken?

July 10, 2014 2:05 pm | by Josh Lederman, Associated Press

To hear President Barack Obama describe it, there's a creeping case of cynicism setting in across the country, leading Americans to suspect that not only is Washington broken, it's beyond fixing.                

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GE Engineering Challenge Offers $1M in Seed Money to Inventors

July 10, 2014 2:03 pm | by GE Reports

The challenge targets two goals: reducing greenhouse emissions from generators producing steam used for extracting oil from the sands, and finding new ways to capture waste heat at the other end of the process.            

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John Wayne Heirs Sue Over 'Duke' Bourbon

July 10, 2014 2:00 pm | by Michael Biesecker, Associated Press

John Wayne's heirs are taking Duke University to court over the family's right to market bottles of bourbon branded with the late movie star's nickname, Duke.                           

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Apple Wins Court Case on Store Design Trademark

July 10, 2014 9:44 am | by The Associated Press

The European Union's highest court says Apple's characteristic retail store layout may be registered as a trademark.                                       

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Boeing Raises Forecast for Airplane Demand

July 10, 2014 9:42 am | by The Associated Press

Boeing raised its long-term forecast for new airplane demand by more than 4 percent, and it's smaller aircraft and orders from the Asia-Pacific region that are driving growth.                      

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Samsung Faces New Child Labor Claim in China

July 10, 2014 9:38 am | by Youkyung Lee, AP Technology Writer

Samsung is facing a fresh accusation that one of its China suppliers hired children to meet production targets during a period of high demand from the South Korean electronics giant.                    

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House Approves 5 'Manufacturing Jobs for America' Provisions

July 10, 2014 9:35 am

The House of Representatives approved legislation Wednesday that includes five innovative skills-training provisions from the Senate’s Manufacturing Jobs for America campaign.                      

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Bay Area Governments Buy 90 Electric Vehicles

July 10, 2014 9:20 am | by The Associated Press

A group of San Francisco Bay Area cities, counties and water agencies has joined forces for what is being billed as one of the largest single government purchases of all-electric vehicles in the country.               

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Harley-Davidson Recalls Over 66K Motorcycles

July 10, 2014 9:17 am | by The Associated Press

Harley-Davidson is recalling 66,421 Touring and CVO Touring motorcycles from the 2014 model year because their front wheels can lock up without warning.                             

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China, U.S. Differ on Plan To Cut Emissions

July 9, 2014 1:42 pm | by Louise Watt, Associated Press

China and the United States took small steps toward their shared goal of fighting climate change on Wednesday, but the world's No. 1 and No. 2 carbon emitters remain significantly apart over a wider global plan to cut emissions.       

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Ford Gets Impressive Mileage out of 3-Cylinder Fiesta

July 9, 2014 1:39 pm | by Ann M. Job, For The Associated Press

The 2014 Fiesta four door with SE EcoBoost package has government fuel economy ratings as high as those for some diesel-powered sedans from BMW, Audi and Volkswagen.                         

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Old Tires Find New Lives in Myanmar

July 9, 2014 1:34 pm | by Aye Aye Win, Associated Press

Old truck tires are transformed into rubber washers and bushings for cars and rice mills. Machine parts, buckets and flip-flops are among the biggest sellers for tire recyclers like Nyunt.                   

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China: It's Up To U.S. To Drive Global Economy

July 9, 2014 1:20 pm | by Louise Watt, Associated Press

China's finance minister said Wednesday that the country is not planning any new stimulus measures and it is up to the United States to drive the global economy.                          

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NASA, Boeing Sign Space Launch System Contract

July 9, 2014 1:17 pm

Boeing has finalized a contract with NASA to develop the core stage of the Space Launch System (SLS), the most powerful rocket ever built and destined to propel America’s return to human exploration of deep space.           

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