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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Durable Goods Orders up in April

May 27, 2014 9:33 am | by Martin Crutsinger, AP Economics Writer

Orders to U.S. factories for long-lasting manufactured goods advanced for a third month in April, but much of the strength came from a big surge in demand for military aircraft.                       

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Pilgrim's Pride Makes $5.58B Bid for Hillshire

May 27, 2014 9:28 am | by The Associated Press

The poultry producer is offering $45 per share for Hillshire, which makes Hillshire Farm lunch meats and Jimmy Dean sausages.                                     

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Plastic Omnium Building Facility Next to VW Plant

May 23, 2014 10:14 am | by The Associated Press

Plastic Omnium Auto Exteriors is constructing a new facility to supply the Volkswagen plant in Chattanooga, creating 300 jobs over the next three years.                             

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U.S. Accuses Japanese Exec of Price Fixing

May 23, 2014 10:12 am | by The Associated Press

A federal grand jury has charged a Japanese executive with conspiring to fix prices on auto parts.                                              

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Salmonella Victim Praises Charges

May 23, 2014 10:09 am | by The Associated Press

A woman severely sickened after eating tainted eggs in 2010 says she welcomes criminal charges against the corporate executives blamed for a salmonella outbreak.                          

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Boeing Buys Fuel-Saving Software Maker

May 23, 2014 9:55 am

The Boeing Co. said Friday that it has agreed to buy British aviation software maker ETS Aviation to offer its customers a way to manage how much fuel it uses.                           

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Safety Agency Probes Ram Pickups

May 23, 2014 9:53 am | by The Associated Press

U.S. safety regulators are investigating older-model Ram pickup trucks with manual transmissions because the engines can be started without the clutch being depressed.                        

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HP to Cut up to 16,000 More Jobs

May 23, 2014 9:02 am | by Ryan Nakashima, AP Business Writer

Hewlett-Packard Co. said Thursday that it aims to cut another 11,000 to 16,000 jobs by October, bringing the total number of planned layoffs to a maximum of 50,000 and nearly doubling the largest payroll reduction ever for the 75-year-old technology giant.

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Harman Acquiring AMX for $365M

May 22, 2014 4:08 pm | by The Associated Press

Harman International Industries Inc. said Wednesday that it is buying audio and visual equipment maker AMX LLC for $365 million.                                    

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Office Depot Recalls 1.4M Office Chairs

May 22, 2014 4:06 pm | by The Associated Press

Office Depot is recalling 1.4 million black rolling office chairs after it received 153 reports of a broken part that caused at least one serious injury.                             

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N.C. Lawmakers Consider New Rules for Patent Abuse

May 22, 2014 4:04 pm | by Katelyn Ferral, Associated Press

The Commerce and Job Development Committee approved a bill that would establish civil penalties for unfair assertions of patent infringement.                                

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Toyota Recalling Over 430K Vehicles

May 22, 2014 1:36 pm | by The Associated Press

Toyota is recalling 430,500 vehicles for three separate safety problems.                                                    

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FAA Too Reliant on Boeing for Battery Test

May 22, 2014 1:33 pm | by Scott Mayerowitz, AP Airlines Writer

The government failed to properly test the Boeing 787's lithium-ion batteries and relied too much on Boeing for technical expertise, a new report says.                             

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Caster Connection Rolls Out New eCommerce Site

May 22, 2014 12:04 pm | by Caster Connection, Inc.

Caster Connection rolled out a new, more client-friendly version of its website in order to better serve current and prospective clients.                                 

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Oregon Iron Works and Vigor Industrial to Merge

May 22, 2014 11:59 am | by Steven Dubois, Associated Press

Oregon Iron Works and Vigor Industrial said Wednesday they are forming a combined company that will employ about 2,300 workers in the Pacific Northwest.                             

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Gauge of U.S. Economy Rises in April

May 22, 2014 11:55 am | by Martin Crutsinger, AP Economics Writer

A gauge designed to predict the economy's future health posted a solid gain in April, further evidence of stronger growth after a severe winter dampened activity.                          

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China to Tread Carefully as It Pursues Influence

May 22, 2014 9:55 am | by Louise Watt, Associated Press

 China is carrying on a high-stakes balancing act aimed at building influence and access to resources abroad without damaging ties with its most important economic partner — the United States.               

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Vietnam Offers Help to Companies Hit by Riots

May 22, 2014 9:51 am | by The Associated Press

Vietnam on Thursday pledged to help companies whose factories were targeted during anti-Chinese riots last week, offering tax breaks and other incentives to try and undo some of the damage to its reputation as a low-risk country for foreign manufacturers.

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Aide: GM Probe Near End

May 22, 2014 9:50 am | by Tom Krisher, AP Auto Writer

General Motors CEO Mary Barra has told Washington lawmakers that GM could simultaneously release an internal investigation into a deadly ignition switch problem and its plan to compensate victims.                

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CEO: Sony Needed to Act Sooner

May 22, 2014 9:39 am | by Yuri Kageyama, AP Business Writer

Sony Corp. Chief Executive Kazuo Hirai said Thursday the company accumulated huge losses because it didn't respond quickly enough to changing market conditions, but promised a return to profit next year.             

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