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Daily industrial news and top headlines for plant and maintenance managers

Plant Chief: Fukushima Nuke Plant Still Vulnerable

February 28, 2012 1:45 pm | by Mary Yamaguchi, AP

An independent report, meanwhile, revealed that the government downplayed the full danger in the days after the March 11 disaster

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Stocks Rise After Mixed Economic Reports

February 28, 2012 1:42 pm | by Daniel Wagner, AP Business Writer

The report, issued at 10 a.m., pushed the Dow Jones industrial average above 13,000, the highest since May 2008.

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Investors Bid To Rescue Saab

February 28, 2012 1:40 pm | by AP

After six decades of building the distinctive teardrop-shaped cars, Saab sought bankruptcy protection in December

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Consumer Confidence Up In February

February 28, 2012 1:37 pm | by Anne D'Innocenzio, AP Retail Writer

The Consumer Confidence Index now stands at 70.8, up from 61.5 in January, while analysts had expected a reading of 63.

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Durable Goods Orders Drop By Most In 3 Years

February 28, 2012 10:01 am | by Martin Crutsinger, AP Economics Writer

Businesses slashed spending on machinery and equipment in January after a tax break expired, pushing orders for long-lasting manufacturing goods down.

Blast At China Chemical Plant Kills 13, Injures 43

February 28, 2012 9:58 am

The state Work Safety Administration says on its website that the blast happened during the production of a high-energy fuel and propellant, guanidine nitrate.

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Proview Seeks To Regain Global Rights To iPad Name

February 28, 2012 9:54 am | by Elaine Kurtenbach, AP Auto Writer

Proview Electronics says it is now seeking to regain worldwide rights to the iPad name and is suing Apple Inc. for alleged fraud and unfair competition.

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Detroit Automakers Race To Keep Up With Sales

February 28, 2012 9:51 am | by Tom Krisher, AP Auto Writer

Three years after the U.S. auto industry nearly collapsed, sales of cars and trucks are surging. Sales could exceed 14 million this year.

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S.C. Plant Workers Overpaid By $8M In Stimulus Cash

February 28, 2012 9:48 am | by Meg Kinnard, Associated Press

More than 500 workers at a former nuclear weapons plant in South Carolina were overpaid by nearly $8 million in stimulus money.

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Dow Falls Short In Bid For 13,000

February 28, 2012 9:45 am | by Joshua Freed, AP Business Writer

The average finished the day down a sliver, 0.01 percent, and about 19 points shy of the mark.

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Shell To Close Operations In Illinois & Missouri

February 27, 2012 2:15 pm | by AP

The closure of the Shell Lubricants site will result in the loss of more than 80 jobs in Roxana

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Economists See more Reasons For Optimism This Year

February 27, 2012 2:10 pm | by Samantha Bokamp, AP Business Writer

Economists are increasingly confident that some pillars of the U.S. economy will improve this year, but they still remain cautious in their expectations on the overall pace of economic growth.

Bank Approves $83 Million In Export Financing For Sale Of Locomotives

February 27, 2012 2:07 pm | by PR Newswire

The transaction supports 500 American jobs across six states

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Westport Project To Develop Heavy-Duty Natural Gas Truck Engine

February 27, 2012 1:58 pm | by Westport Innovations, Inc.

For competitive reasons, product details have been withheld.

Chrysler Opens Mopar Operations In Argentina & Brazil

February 27, 2012 1:52 pm | by Chrysler Group LLC

After recently opening Mopar facilities in China and the United Arab Emirates, Chrysler today announced the opening of Mopar parts distribution centers in Argentina and Brazil . . .

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Key Honda Executive To Leave Alabama Post

February 27, 2012 1:38 pm | by Patrick McCreless, AP

Ernst protected Honda Manufacturing of Alabama, playing an integral part in its development and growth since the facility was announced in 1999

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Nissan Faces Off Against Miss. City Over Production Plant

February 27, 2012 10:05 am

The city of Canton's lawsuit against Nissan North American for the right to annex the nearby vehicle production plant is scheduled for trial in August.

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Economists Raise Expectations For 2012

February 27, 2012 9:57 am | by Samantha Bokamp, AP Business Writer

Economists are increasingly confident that some pillars of the U.S. economy will improve this year, but they still remain cautious in their expectations on the overall pace of economic growth.

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Scandal-Plagued Olympus Sees Board Resigns

February 27, 2012 9:54 am | by Yuri Kageyama, AP Business Writer

The changes at Olympus, embroiled in controversy because of a cover-up of massive losses from the 1990s, will become final at the April 20 shareholders' meeting.

Johnson Controls, Shanghai Authorities Clash Over Lead Poisoning Cases

February 27, 2012 9:51 am | by Elaine Kurtenbach, AP Business Writer

They are at odds over what caused a spate of lead poisoning cases, and Shanghai has prohibited the U.S. battery maker from resuming lead processing at its automotive battery plant in the city's outskirts.

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