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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

U.S. Economy Strong Despite Global Slowdown Fear

October 17, 2014 1:54 pm | by Paul Wiseman, The Associated Press

Beyond the turmoil shaking financial markets, the U.S. economy remains sturdier than many seem to fear.                                          

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iPhone Glass Maker Cutting Jobs in Arizona

October 17, 2014 1:38 pm | by The Associated Press

A manufacturer of sapphire glass that Apple Inc. uses in iPhones plans to eliminate 727 jobs at an Arizona plant.                                       

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Hershey Wins Trademark Lawsuit Against Pot Company

October 17, 2014 1:30 pm | by The Associated Press

A Colorado marijuana company must recall or destroy its pot-infused edibles that resemble iconic Hershey treats as part of a settlement agreement with the chocolate company.                      

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Biofuels Plant Harbinger of Renewable Fuel Future

October 17, 2014 10:28 am | by Roxana Hegeman, The Associated Press

A new biofuels plant in southwest Kansas represents the future of ethanol production in the United States, Energy Secretary Ernest Moniz said.                               

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Mass. Firm Recalls 115K Pounds of Chicken Products

October 17, 2014 10:08 am | by USDA

Shop Packaging LLC, a New Bedford, Mass. establishment, is recalling approximately 115,505 pounds of chicken wing products due to misbranding and an undeclared allergen.                       

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Factories in Philadelphia Experiencing Slow Growth

October 17, 2014 10:00 am | by Christopher Rugaber, The Associated Press

A measure of factory activity in the Philadelphia region slipped last month, but remained at a healthy level, evidence that U.S. manufacturing output is holding up despite signs of a global slowdown.               

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LEAP Jet Engine Fuels Strong Orders for GE

October 17, 2014 9:53 am | by GE Reports

GE Aviation has been flight testing jet engines for more than a decade. But never one like the LEAP, the world’s first jet engine with 3D-printed fuel nozzles and parts from advanced ceramic materials.              

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After a Solid Run of Advances, Manufacturing Takes a Slight Step Back

October 17, 2014 9:35 am | by MAPI Foundation

A nearly two-year upward trend experienced a hiccup according to the quarterly MAPI Foundation Business Outlook, a survey conducted by the MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity and Innovation.

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Falling Oil Prices Shake Up Global Economies

October 16, 2014 12:29 pm | by Jonathan Fahey, The Associated Press

A sudden plunge in the price of oil is sending economic and political shock waves around the world.                                           

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AbbVie Sours on Shire Deal After Tax Changes

October 16, 2014 11:59 am | by The Associated Press

AbbVie's board is telling shareholders to vote against its own $55 billion takeover bid for the Irish drugmaker Shire after the U.S. made reincorporating overseas a less lucrative tax maneuver.                 

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AAM: It's Time for Action on China's Exchange Rate

October 16, 2014 11:23 am | by The Alliance for American Manufacturing

The Alliance for American Manufacturing address their concerns with the Exchange Rate Policies released by the Treasury and currency manipulation this week.                                   

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Chrysler Recalling 907K Vehicles

October 16, 2014 11:08 am

Nearly 907,000 Chrysler, Dodge and Jeep SUVs and cars are being recalled for alternators that can fail and heated power mirror wiring that can short and cause minor fires.                       

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U.S. Factory Output Rises in September

October 16, 2014 11:03 am | by Josh Boak, The Associated Press

U.S. manufacturing output rose in September, led by gains for aerospace products, furniture, clothing and plastics.                                       

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Applications for U.S. Unemployment Benefits at 14 Year Low

October 16, 2014 9:49 am | by Christopher S. Rugaber, The Associated Press

The number of people seeking U.S. unemployment aid dropped to the lowest level in 14 years last week, the latest signal that companies are cutting fewer workers and hiring could remain healthy.                 

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Senators Question Regional Car Recalls

October 16, 2014 9:41 am | by Tom Krisher, The Associated Press

Two U.S. senators are questioning why the nation's auto safety regulators are letting car companies recall vehicles only in limited regions when a safety problem could happen anywhere.                   

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Airbus Receives Its Largest Aircraft Order to Date

October 15, 2014 5:12 pm | by The Associated Press

Indian budget airline IndiGo has signed a preliminary order with Airbus for 250 A320neo Family aircraft.                                         

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Toyota Recalls Older Lexus Model in U.S. for Fuel Leaks

October 15, 2014 5:03 pm | by The Associated Press

Toyota is recalling about 423,000 older-model Lexus luxury cars in the U.S. because a gasket can leak fuel and possibly cause a fire.                                 

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U.S. Business Stockpiles Up in August

October 15, 2014 2:08 pm | by Martin Crutsinger, The Associated Press

U.S. businesses increased their stockpiles in August by the smallest amount in more than a year, while sales fell by the largest amount since January. The data suggest that the economy is still having trouble gaining momentum.       

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Brazilian Pair Raises Bid for Chiquita

October 15, 2014 1:02 pm | by The Associated Press

Two Brazilian companies are raising their bid for banana company Chiquita to approximately $658 million.                                         

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U.S. Producer Prices Fell in September

October 15, 2014 12:55 pm | by Josh Boak, The Associated Press

The Labor Department said that the producer price index fell 0.1 percent in September from the previous month. The index measures the cost of goods and services before they reach the consumer.                 

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