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Daily industrial news and top headlines for plant and maintenance managers

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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Japan Automakers Expand Passenger Air Bag Recalls

December 11, 2014 2:12 pm | by Yuri Kageyama, The Associated Press

Honda, Nissan and Mitsubishi announced more recalls for the same possibly defective Takata air bags that Toyota recalled earlier this month after one exploded during scrapping in Japan.                   

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Chinese Leaders Affirm Commitment to Slower Growth

December 11, 2014 1:56 pm | by Joe McDonald, The Associated Press

Chinese leaders on Thursday affirmed their commitment to a "new normal" of slower economic growth next year and promised to help the poor and promote market-oriented reforms.                     

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Manufacturers Seek Women for Hard-to-Fill Jobs

December 11, 2014 10:21 am | by M.L. Johnson, The Associated Press

Federal statistics show that women make up nearly half of the U.S. workforce yet hold less than a third of the nation's 12.2 million manufacturing jobs. So some companies looking for welders, machinists and other skilled workers are turning their sights to women.                             

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November Budget Deficit Drops to $56.8B

December 11, 2014 9:41 am | by Martin Crutsinger, The Associated Press

The federal government's deficit for the first two months of the new budget year is down 21 percent from the same period a year ago, although much of that improvement stems from quirks in the calendar.              

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Obama Works to Promote Trade, Tax Fix, Innovation

December 11, 2014 9:30 am | by The Associated Press

President Barack Obama is meeting with corporate advisers and pushing for a simpler tax code for businesses and expanded trade, two policy proposals that are certain to put him at odds with some fellow Democrats as he enters the last two years of his presidency.

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Detroit Bankruptcy Officially Ending

December 10, 2014 2:29 pm | by Corey Williams, The Associated Press

Detroit is formally emerging from bankruptcy, marking the end of the largest municipal bankruptcy in U.S. history, Michigan Gov. Rick Snyder announced Wednesday.                         

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Senator's Family Sues Manufacturers After Plane Crash

December 10, 2014 2:14 pm | by The Associated Press

The family of a U.S. senator whose son was killed in a plane crash is seeking damages from the aircraft's manufacturers in a negligence lawsuit.                               

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Lawmakers to Review Genetically Modified Labeling

December 10, 2014 2:01 pm | by Mary Claire Jalonick, The Associated Press

The food industry is likely to find a more receptive Congress come January in its fight against mandatory labeling of genetically modified foods. Setting the stage for debate after Republicans take control, a House subcommittee on Wednesday was to review legislation that would make such food labels voluntary.

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