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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

GE Pares Off Financial Unit and Returns to Industrial Roots

April 10, 2015 9:14 am | by The Associated Press

General Electric is getting out of the lending business, a major profit generator, as it focuses more on its industrial business and sheds a massive financial unit that had its own set of risks.

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GM to Suspend Volt Production for 4 Weeks This Summer

April 9, 2015 1:30 pm | by The Associated Press

General Motors will stop making the Chevrolet Volt for four weeks in June and July due to slow sales and to deal with the change to an all-new version of the gas-electric hybrid car.

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Number of People Sickened by Listeria Outbreak Grows

April 9, 2015 1:26 pm | by The Associated Press

An outbreak of a foodborne illness linked to some Blue Bell ice cream products has grown to include three people in Texas who became ill, according to federal health authorities. 

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Critics Call for Halt to Currency Manipulation in Pacific Trade Pact

April 9, 2015 1:21 pm | by Andy Szal, Digital Reporter

Labor groups hope to turn up the pressure on Congress to address currency manipulation in a potential trade pact with Pacific Rim nations.

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Bacardi to Lay Off 10 Percent of North American Workforce

April 9, 2015 1:16 pm | by Andy Szal, Digital Reporter

Bermudan spirits giant Bacardi indicated it would lay off about 10 percent of its employees in North America this week, according to a report in the Wall Street Journal. 

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Analysts: Could Oil Industry Consolidation Mirror 1990s?

April 9, 2015 10:45 am | by Andy Szal, Digital Reporter

Energy sector observers expect that the $70 billion proposed deal between Royal Dutch Shell and BG Group should be just the first in a wave of oil industry consolidation.

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Study: Wild Lettuce Could Serve as Rubber Source

April 9, 2015 10:37 am | by Andy Szal, Digital Reporter

Researchers from Washington State University believe a pesky weed could hold the key to developing a new source of rubber.

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Applications For U.S. Jobless Aid Rise but Still at Low Level

April 9, 2015 10:26 am | by Christopher Rubager, The Associated Press

More Americans sought unemployment benefits last week, but applications for jobless aid overall remain low — a reassuring sign after hiring slowed last month.

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Photo of the Day: Bad News for Sabra

April 9, 2015 10:17 am | by Maura Falk, Associate Editor

By all accounts Sabra Dipping Co., the leading hummus manufacturer in the United States, has been having a good year. However, today marks some bad news for the successful food manufacturer. 

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EPA Announces Moratorium on Pesticides Linked to Honeybee Declines

April 9, 2015 9:24 am | by Andy Szal, Digital Reporter

The U.S. Environmental Protection Agency last week indicated it would likely suspend approving new permits for pesticides that contain neonicotinoids, which critics say contribute to declining populations of honeybees and other pollinators.

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Is the Pace of FAA Drone Regulation Approval Too Slow?

April 8, 2015 3:05 pm | by Bloomberg Business

32 Advisors Founder and CEO Robert Wolf discusses the future of commercial and industrial drones. 

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California Water Restrictions Largely Avoid Farms

April 8, 2015 2:53 pm | by Andy Szal, Digital Reporter

In response to a historic drought affecting nearly all of California, Gov. Jerry Brown last week announced the state's first-ever limits on water use. 

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Stronger U.S. Economy and Dollar Tighten Latin American Ties

April 8, 2015 2:25 pm | by Paul Wiseman, The Associated Press

Across Latin America, companies increasingly are looking north for business. The prospect of tighter commercial ties across the Americas has handed the United States a chance to reclaim some of the regional economic and political clout it lost to a surging China over the past decade. 

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China's 'Hell on Earth' Mineral Refineries

April 8, 2015 2:18 pm | by Andy Szal, Digital Reporter

The seemingly exponential advance of technology easily conjures visions of a cleaner, more advanced future. But according to reports, those visions are largely built upon the work at a "dystopian and horrifying" industrial ecosystem deep within China's interior.

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East, West Coast Ports Import Volume Now Nearly Equal

April 8, 2015 2:13 pm | by Andy Szal, Digital Reporter

Ports on the eastern seaboard of the U.S. nearly matched their Pacific Coast counterparts in imported cargo traffic as western ports wrapped up a months-long labor dispute.

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U.S. Agency Denies Request to Probe Fiat Chrysler Minivans

April 8, 2015 10:33 am | by The Associated Press

U.S. safety regulators have denied a New Jersey man's request to investigate Fiat Chrysler minivans because they can stall after refueling.

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Summer Gas Prices Expected to be 32 Percent Lower This Year

April 8, 2015 10:19 am | by Damian J. Troise, The Associated Press

Drivers will see the lowest summer gasoline prices in about 6 years, according the Energy Department. 

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Tesla Boosts Range, Power and Price of Low-End Model S

April 8, 2015 10:09 am | by Tom Krisher, The Associated Press

Electric car maker Tesla Motors is going after mainstream luxury car buyers by adding all-wheel-drive and more range and power to the base version of its only model.

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Shell Looks to Acquire BG Group in $70B Deal

April 8, 2015 9:59 am | by Andy Szal, Digital Reporter

Royal Dutch Shell has agreed to acquire U.K.-based BG Group in one of the largest deals ever in the oil and gas sector.

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Report Highlights Role of Supply Chains in Health Care Industry

April 8, 2015 9:51 am | by Andy Szal, Digital Reporter

A new analysis by Frost & Sullivan suggests companies in the health care industry can gain a competitive advantage by placing a greater emphasis on their supply chains.

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