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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

U.S. Worker Productivity Growth Slowed In Q4

March 7, 2012 10:06 am | by Marting Crutsinger, AP Economics Writer

Fewer gains in worker output suggests employers must add workers if they want to meet higher demand.

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Congress Approves Punitive Tariffs Against China

March 6, 2012 2:08 pm | by Jim Abrams, Associated Press

Congress is moving to reaffirm that the government has the right to impose higher tariffs on goods from countries that subsidize their exports to the United States.

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Marchionne Urges EU To Move On Overcapacity

March 6, 2012 2:05 pm | by Colleen Barry, Associated Press

Fiat and Chrysler's CEO said that European officials need to provide a "concerted road map" for the auto industry to close idled plants — or risk the failure of European automakers.

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3 Charged With Fraud Over Porsche's VW Bid

March 6, 2012 2:02 pm | by The Associated Press

Prosecutors filed credit fraud charges against officials with Porsche, alleging they gave false information during a failed takeover attempt.

Chrysler To Sell Natural Gas-Powered Truck

March 6, 2012 2:00 pm | by The Associated Press

Chrysler aims to be the first U.S. automaker to produce a factory-built pickup truck that is powered mainly by natural gas.

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MO Lawmakers Push To Prevent Mamtek-Like Failures

March 6, 2012 1:59 pm | by The Associated Press

A Missouri House committee has endorsed several new mandates for state and local government after the planned construction of a sweetener plant failed last year.

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Cyber-Hacking Team Busted In Wide Attacks

March 6, 2012 1:57 pm | by David B. Caruso, Associated Press

A group of expert hackers who attacked corporations around the globe have been arrested after its ringleader secretly began working as an informant for the FBI, authorities announced.

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MS Offers $60M In Incentives For Proposed Plant

March 6, 2012 10:17 am | by The Associated Press

The state is offering $60M and Lowndes County is kicking another $16M for infrastructure improvements to support an operation that will melt gravel into silicon for everything from cosmetics to computer screens.

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Survey: More Optimism About U.S. Jobs, Economy

March 6, 2012 10:15 am | by Christopher S. Rugaber, AP Economics Writer

By the end of 2013, economist predict unemployment will drop to 7.4 percent, down from their earlier estimate of 7.8 percent, according to the AP Economy Survey.

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Peugeot To Raise $1.3B For GM Alliance

March 6, 2012 10:13 am | by The Associated Press

French carmaker PSA Peugeot Citroen announced it is looking to raise $1.3 billion in new capital to fund its tie-up with U.S. giant General Motors.

Official: Manufacturers Quit China For Philippines

March 6, 2012 10:11 am | by Teresa Cerojano, Associated Press

Philippine officials say rising labor costs in China's southern coast are driving big foreign manufacturers to relocate to the country.

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iPad Dispute Signals New Era In Trademark Troubles

March 6, 2012 10:10 am | by Elaine Kurtenbach, AP Business Writer

China's importance as a major consumer market is bringing fresh headaches for companies, and even celebrities, seeking to protect and claim brand names.

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Automakers Put Snarl In Small Car Design

March 6, 2012 10:08 am | by Colleen Barry, Frank Jordans, Associated Press

Small cars were looking more sleek and sporty at the Geneva Auto Show on Tuesday as global automakers struggling to make a profit in Europe tried to entice consumers to look past the continent's economic gloom.

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Judge: Gov't Can Require Union Posters At Work

March 5, 2012 1:57 pm | by Sam Hananel, Associated Press

A federal judge ruled that the National Labor Relations Board can require most private businesses to put up posters telling workers they have a legal right to form a union.

Ex-DuPont Worker Pleads Guilty To Secret Theft

March 5, 2012 1:55 pm | by The Associated Press

Federal prosecutors say Tze Chao is now cooperating with an investigation of a Chinese government-owned firm suspected of buying the information.

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NJ Officials Charge 29 In Counterfeit Goods Ring

March 5, 2012 1:52 pm | by David Porter, Associated Press

Two groups operating primarily out of China smuggled counterfeit items worth more than $300M to the U.S. in a ring that's one of the largest such scams ever uncovered, federal officials said.

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Panasonic Agrees To Sell TV Plant

March 5, 2012 1:46 pm | by The Associated Press

Panasonic has finalized an agreement on the sale of its liquid crystal display manufacturing plant to a new display venture to be created by the Innovation Network Corporation of Japan.

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U.S. Factory Orders Fell In January

March 5, 2012 1:44 pm | by Marting Crutsinger, AP Economics Writer

U.S. factory orders fell in January by the most in 15 months after businesses sharply reduced orders for machinery and equipment.

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New Bottling Plant To Add 110 PA Jobs

March 5, 2012 1:42 pm

Silver Springs Bottled Water said the plant will open under the name Crossroads Beverage Group LLC in an existing 324,000-square-foot facility.

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Ex-Glock Exec Found Guilty On Racketeering Charges

March 5, 2012 10:23 am | by The Associated Press

A former executive for Glock Inc. was convicted Friday of stealing a pistol from the gun manufacturing giant and stealing millions of dollars from his employer with the help of a colleague.

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