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Daily industrial news and top headlines for plant and maintenance managers

Ford to Sell ACH Interior Trim Business

May 4, 2012 1:53 pm | by The Associated Press

Faurecia said the deal makes it North America's No. 1 interior systems supplier and makes Ford its third-largest customer.


TransCanada Reapplies For Oil Pipeline

May 4, 2012 1:51 pm | by Matthew Daly, Associated Press

Labor leaders who argue the pipeline would create jobs; the State Department estimates it could result in up to 6,000 new jobs.


Hawker Beechcraft Files For Bankruptcy Protection

May 4, 2012 10:45 am | by Roxana Hegeman, Associated Press

Hawker Beechcraft said it filed for Chapter 11 bankruptcy protection in federal bankruptcy court in New York to expedite the prearranged restructuring of the company and some of its subsidiaries.


China Vows Change In Trade, Finance

May 4, 2012 10:43 am | by Joe McDonald, AP Business Writer

China agreed to let foreigners own bigger stakes in its securities firms and promised to limit export subsidies after a high-level dialogue with the United States.


Nissan Plant Will Not Be Annexed

May 4, 2012 10:42 am | by The Associated Press

Before the plant was built, the city had wanted to annex the land, but Nissan threatened to back out of the deal if it did.


First Solar Restructuring Leads To Loss Of $449M

May 4, 2012 10:39 am | by Jonathan Fahey, AP Energy Writer

A shakeout that is rattling the solar panel industry has sent First Solar, once among the industry's biggest and strongest companies, to a big quarterly loss.


Metals Fall On Discouraging Jobs News

May 4, 2012 10:37 am | by Sandy Shore, AP Business Writer

Prices for copper and other metals fell after discouraging reports about jobs and factory production renewed worries that demand could weaken for a variety of manufactured goods.


Airgas Profit Jumps 40 Percent On Higher Sales

May 4, 2012 10:35 am | by The Associated Press

Industrial gas distributor Airgas Inc. said that its fiscal fourth-quarter profit jumped 40 percent on strong demand from manufacturing, petrochemical, and energy customers.


General Motors 1Q Earnings Top $1B

May 3, 2012 1:54 pm | by Tom Krisher, AP Auto Writer

General Motors earned $1 billion in the first quarter as a strong performance in North America helped it overcome troubles in Europe.


Union To Resume Talks With American Crystal

May 3, 2012 1:51 pm | by The Associated Press

Officials representing American Crystal Sugar and its locked-out union workers plan to meet again, but a resolution to the 10-month-long contract dispute appears unlikely.


1Q U.S. Worker Output Fell By Most In A Year

May 3, 2012 1:49 pm | by Marting Crutsinger, AP Economics Writer

U.S. worker productivity fell from January through March by the most in a year. Stronger hiring at the start of the year was partly responsible for the drop.


Renault-Nissan To Buy Russian Car Maker

May 3, 2012 1:47 pm | by Nataliya Vasilyeva, Associated Press

Renault and Nissan, who operate as an alliance, said in a joint statement that they will invest $750 million to take a 67 percent share in a joint venture with state-owned corporation Russian Technologies.


Hybrid Vehicle Maker To Open VA Plant

May 3, 2012 1:43 pm

A hybrid armored vehicle maker plans to open a plant and new headquarters in Danville.


RIM Says It Will Keep Keypads For BlackBerrys

May 3, 2012 1:42 pm | by Rob Gillies, Associated Press

Heins said the new line of smartphones due for release later this year will include both touchscreens and keypads.


Conveyor Concepts, A New Addition To Caster Concepts

May 3, 2012 12:11 pm | by Caster Concepts, Inc.

Caster Concepts, Inc., a manufacturer of heavy duty industrial casters and wheels, is pleased to announce the addition of Conveyor Concepts to its family of businesses.

Pratt & Whitney Sees Long-Term Strength

May 2, 2012 2:23 pm | by Stephen Singer, AP Business Writer

Pratt & Whitney expects military and commercial aerospace business will improve, but not for a while, the president of the jet engine manufacturer said Wednesday.


Vestas Reports Disappointing First-Quarter

May 2, 2012 2:20 pm | by The Associated Press

The world's biggest maker of wind turbines in terms of revenue is reporting disappointing first-quarter revenue and earnings due to decreasing deliveries and high turbine costs.


2013 Escape: Ford's Compact SUV Goes Lux

May 2, 2012 2:19 pm | by Ann M. Job, For The Associated Press

With European-style handling, luxury looks, surprising refinement and new features for 2013, Ford's compact sport utility vehicle, the Escape, doesn't seem like an Escape anymore.


Nokia Files Suits Against HTC, RIM, Viewsonic

May 2, 2012 2:16 pm | by The Associated Press

Nokia says it has filed claims in the United States and Germany alleging that products from HTC Corp., Research in Motion and Viewsonic Corp. infringe a number of its patents.


Hopeful Manufacturing News Pushes Up Copper

May 2, 2012 2:15 pm | by The Associated Press

Hopeful signs about manufacturing sent copper and energy prices higher Tuesday.



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