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Daily industrial news and top headlines for plant and maintenance managers

Panel: Chemical Industry Needs Risk Guidance

May 11, 2012 1:55 pm | by The Associated Press

The chemical industry needs guidance in choosing alternative processing methods to reduce or eliminate hazards, a national panel said in a report released Friday.


Foxconn To Build Shanghai HQ For China Market

May 11, 2012 1:53 pm | by Elaine Kurtenbach, AP Business Writer

China is viewing the low-cost export manufacturing that has transformed it in the past few decades as one that must change to a growth model based more on domestic demand.


Cheaper Gas Drives U.S. Wholesale Price Index Lower

May 11, 2012 1:51 pm | by Marting Crutsinger, AP Economics Writer

A big decline in gas and energy costs drove a measure of U.S. wholesale prices lower in April. Outside that drop, prices barely rose.


Digital 'Wallets' Proliferate At Cellphone Show

May 11, 2012 10:07 am | by Peter Svensson, AP Technology Writer

Electronics manufacturers, phone companies, banks, and credit card issuers expect cellphones to be the main way consumers pay for purchases in the not-so-distant future.


Dismal China, India Data Signal Slowing Growth

May 11, 2012 10:05 am | by Elaine Kurtenbach, AP Business Writer

Dismal data from China and India on Friday may signal a further weakening of the global recovery, undermining hopes the dynamic emerging economies of Asia can help prop up growth.


Firm Seeks To Operate WY Rare Earth Mine

May 11, 2012 10:04 am | by Laura Hancock, Gillette News Record

Rare Element Resources promises high-wage jobs and economic vitality to an area where 40 percent of the population is age 50 or older.


Study Needed Before Ending C-130 Program

May 11, 2012 10:02 am | by Ken Miller, Associated Press

A bill that would delay efforts to end a program at Oklahoma City's Boeing plant to upgrade C-130 cockpits was approved by the U.S. House Armed Services Committee.


Sony Reports Record Annual Loss

May 11, 2012 9:59 am | by Yuri Kageyama, AP Business Writer

Sony racked up a record annual loss of $5.7B in its fourth year of red ink as the once-glorious maker of the Walkman struggles toward a turnaround under a new president.


CAT To Sell Logistics Unit Stake For $750M

May 11, 2012 9:58 am | by The Associated Press

Caterpillar is selling a majority stake in a logistics division for about $750 million to better focus on its core businesses.


U.S. Trade Gap Widens At Fastest Pace In 10 Months

May 10, 2012 2:27 pm | by Marting Crutsinger, AP Economics Writer

A rise in consumer goods lifted imports to a record level, outpacing a solid gain in U.S. exports.


Ford Investors Shower Execs With Praise

May 10, 2012 2:25 pm | by Randall Chase, AP Business Writer

Shareholders expressed confidence in Ford's management, with more than 96 percent of the nonbinding say-on-pay vote supporting the company's executive compensation.

ArcelorMittal Net Profit Drops In 1st Quarter

May 10, 2012 2:23 pm | by The Associated Press

The world's biggest steel maker posted a sharp drop in 1Q net profit, announcing earnings of $11M compared with $1.069B for the same period a year ago.


Obama Dings Romney's Claim Of Credit For Autos

May 10, 2012 2:21 pm | by The Associated Press

Obama says people remember that Romney's stance was that Detroit should have been allowed to go through bankruptcy without taxpayer help.

Micron In Talks To Acquire Japanese Chipmaker

May 10, 2012 2:19 pm | by The Associated Press

U.S. chipmaker Micron Technology Inc. said Thursday it is in talks to acquire Elpida Memory Inc., which earlier this year filed for Japan's largest-ever manufacturing bankruptcy.


MSC Expands Relationship with Tooling U

May 10, 2012 2:17 pm | by MSC Industrial Supply Co.

MSC Industrial Supply announced it has signed an agreement to create a first-of-its-kind certificate program with Tooling U, a leader in online training for the manufacturing industry.


Honda Wins Appeal Of Small-Claims Hybrid Judgment

May 9, 2012 2:14 pm | by Greg Risling, Associated Press

A judge overturned a nearly $10,000 small-claims judgment against Honda that was won by a car owner who said the automaker misrepresented the gas mileage of her hybrid Civic, according to a ruling released Wednesday.


UAW Chief Disputes Romney's Auto Bailout Claims

May 9, 2012 2:11 pm | by The Associated Press

The head of the United Auto Workers union is disputing presumptive Republican presidential nominee Mitt Romney's claim that he deserves credit for saving Detroit's automakers.

Nissan Breaks Ground On Engine Plant

May 9, 2012 2:10 pm | by The Associated Press

Nissan has broken ground on an engine plant in Decherd, Tenn., that is expected to create up to 400 jobs.


U.S. Wholesale Stockpiles Grew In March

May 9, 2012 2:09 pm | by Marting Crutsinger, AP Economics Writer

U.S. wholesalers increased their stockpiles 0.3 percent in March after seeing less growth in sales.


Boeing Sells 3 More 777s To EVA Air

May 9, 2012 2:07 pm | by The Associated Press

Boeing said it sold three 777s to Taiwan's EVA Air. The 777's list price is $298.3M, making the order for three of them worth almost $895M, though discounts are common.



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