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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

U.S. Household Gasoline Expenditures Nearing 11 Year Low

December 16, 2014 9:54 am | by U.S. Energy Information Administration

The average U.S. household is expected to spend about $550 less on gasoline in 2015 compared with 2014, as annual motor fuel expenditures are on track to fall to their lowest level in 11 years.                 

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Why Oil is Down by Half, What it Means for You

December 16, 2014 9:32 am | by Jonathan Fahey, The Associated Press

The price of oil has fallen by nearly half in just six months, a surprising and steep plunge that has consumers cheering, producers howling and economists wringing their hands over whether this is a good or bad thing.         

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Alcoa Buying Tital to Help Expand Aerospace Unit

December 15, 2014 2:20 pm | by The Associated Press

Alcoa is buying a titanium and aluminum structural castings company, Tital, to help expand its global aerospace business.                                     

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Former Muncie Chevy Plant Workers Compile History

December 15, 2014 2:11 pm | by Keith Roysdon, The Star Press

Grobey and Dawson have become the unofficial historians of the Muncie plant. Dawson collected thousands of photographs and documents covering the history of the General Motors transmission plant, in its various names and incarnations, from the years when it employed more than 3,000 people to its final days.

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14 Cities Receive Bloomberg 'Innovation Team' Grants

December 15, 2014 2:03 pm | by Jennifer Peltz, The Associated Press

Fourteen cities ranging from Long Beach, California, to Jerusalem are getting up to $3 million from former New York City Mayor Michael Bloomberg's foundation to create "innovation teams" to jump-start new approaches to poverty, public safety, job growth and other issues, the foundation announced Monday.

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UAW Head: Companies Can Raise Pay, Be Competitive

December 15, 2014 1:54 pm | by The Associated Press

United Auto Workers President Dennis Williams says he's not buying the Detroit Three automakers' argument against wage increases for longtime workers.                             

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Death Toll From GM Ignition Switches Rises to 42

December 15, 2014 1:51 pm | by The Associated Press

At least 42 people have died and 58 have been injured in crashes involving General Motors cars with defective ignition switches.                                   

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Manufacturing in New York Contracts in December

December 15, 2014 10:25 am | by Christopher Rugaber, The Associated Press

Manufacturing activity in New York state shrank in December for the first time in nearly two years, pulled down by a drop in orders and shipments.                             

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Oil Plunges Again, Reaches Recession-Level Depths

December 15, 2014 10:10 am | by Jonathan Fahey, The Associated Press

A 6-month rout in the price of oil accelerated this week, culminating in a 4 percent drop Friday — its third such drop in 5 days — to its lowest level since May of 2009, when the U.S. was still in recession.             

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Families of Shooting Victims Sue Gun Manufacturer, Seller

December 15, 2014 9:56 am | by Pat Eaton-Robb, The Associated Press

A law firm representing the families of nine of the 26 people killed and a teacher injured at the Sandy Hook Elementary School says it has filed a lawsuit against the manufacturer, distributor and seller of the rifle used in the shooting.

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U.S. Factory Output Eclipses Pre-Recession High

December 15, 2014 9:49 am | by Josh Boak, The Associated Press

U.S. manufacturing output in November surpassed its pre-recession peak, as auto production kicked into a higher gear.                                      

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China's Factory Output Growth Declines

December 15, 2014 9:43 am | by Joe McDonald, The Associated Press

Growth in China's factory output declined further in November in a new sign of weakness in the world's second-largest economy.                                   

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Poll Reveals Americans' Stance on Limiting Carbon

December 12, 2014 2:12 pm | by Dina Cappiello, The Associated Press

Six in 10 Americans, including half of all Republicans, said they support regulation of carbon dioxide pollution, although they weren't asked how. Nearly half of Republicans said the U.S. should lead the global fight to curb climate change, even if it means taking action when other countries do not.

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AAM: Growing Trade Deficit with China Costs U.S. Jobs

December 12, 2014 1:10 pm | by Alliance for American Manufacturing

America’s surging trade deficit with China has cost more than 3.2 million U.S. jobs – the overwhelming majority of them in manufacturing – according to a study released today by the Economic Policy Institute (EPI).           

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Light My Sleigh Tonight: The Story of Rudolph & GE

December 12, 2014 12:48 pm | by GE Reports

Rudolph the Red Nosed Reindeer, still a staple of holiday TV, was brought to the screen half a century ago by GE executive William Sahloff. He likely didn’t know that, just a couple of years earlier, a GE engineer had invented the red LED in the company’s labs.

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Oregon GMO Labeling Proponents Concede Defeat

December 12, 2014 10:15 am | by Jonathan Cooper, The Associated Press

Proponents of an Oregon ballot measure requiring labels on genetically modified foods conceded defeat Thursday after a judge ruled against them and an automatic recount appeared unlikely to sway the outcome.             

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Cheaper Food and Gas Lower U.S. Producer Prices

December 12, 2014 10:10 am | by Christopher Rugaber, The Associated Press

Falling gas and food costs pushed down overall U.S. wholesale prices last month, evidence that cheaper oil worldwide is limiting inflation.                               

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Tech Summit Addresses Industry's Lack of Diversity

December 12, 2014 10:02 am | by Michael Liedtke, The Associated Press

Civil rights leader Jesse Jackson spent most of this year pressuring the technology industry into facing up to the glaring scarcity of women, blacks and Latinos at companies renowned as great places to work.             

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Chrysler Expands Air Bag Recall

December 12, 2014 9:56 am | by Tom Krisher, The Associated Press

Chrysler is bowing to demands from U.S. safety regulators and will add about 179,000 vehicles to a recall for air bags that could explode with too much force.                           

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Alcoa Doubling High-Tech Coating Capacity in MI to Capture Growing Aerospace Demand

December 11, 2014 2:40 pm | by Business Wire

Alcoa Power and Propulsion, a unit of lightweight, high-performance metals leader Alcoa, is doubling its high-technology coating capacity at its Whitehall, Michigan facility. The $16.7 million investment will position the Company to further capture growing demand for advanced jet engine parts.

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