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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

RIM May Not Have Many Suitors

February 7, 2012 10:04 am | by LuAnn LaSalle

Research In Motion may not have many suitors at home or abroad especially with Prime Minister Stephen Harper's comments that he would like to see the BlackBerry maker remain a Canadian company, analysts said Monday.

Toyota Lifts Profit Forecast As Disaster Woes Fade

February 7, 2012 10:01 am | by Yuri Kageyama, AP Business Writer

Toyota's quarterly profit slid 13.5 percent on production setbacks caused by last year's tsunami disaster and the flooding in Thailand, but Japan's top automaker raised its annual earnings forecast, saying a recovery is on track.

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Atomic Bomb Plant Demolition Continues

February 6, 2012 2:45 pm | by Frank Munger

The world's largest building at the time of its construction in World War II, is getting smaller by the day as workers take down the brawny facilities that once processed uranium for atomic bombs.

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Senate Seeks More Cybersecurity Regulation

February 6, 2012 2:42 pm | by Lolita C. Baldor, Associated Press

Legislation set to come out in the days ahead is intended to ensure that computer systems running power plants and other essential parts of the country's infrastructure are protected.

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Obama Pushes Veterans Jobs Programs

February 6, 2012 2:39 pm | by Kevin Freking, Associated Press

In an effort to cut the unemployment rate among veterans, President Barack Obama is calling for a new conservation program that would put veterans to work rebuilding trails, roads and levees on public lands.

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U.S. Ends Spat With EU, Japan Over Dumping

February 6, 2012 2:36 pm | by The Associated Press

U.S. trade officials say under a deal signed Monday in Geneva the U.S. will bring the way it determines tariffs on goods exported at below-market price into line with World Trade Organization rules.

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China Bars Its Airlines From Paying Carbon Tax

February 6, 2012 2:32 pm | by Joe McDonald, AP Business Writer

China announced Monday it will prohibit its airlines from paying European Union charges on carbon emissions, ratcheting up a global dispute over the cost of combating climate change.

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Orthopedics Maker To Pay $22M For Bribes

February 6, 2012 2:28 pm | by Marcy Gordon, AP Business Writer

Smith & Nephew has agreed to pay $22.2M to settle criminal and civil allegations that it bribed doctors to win business.

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Prius Remains Top Seller

February 6, 2012 10:40 am | by The Associated Press

The Prius hybrid of Toyota Motor Corp. more than doubled from a year earlier in January to 29,108 units, staying as Japan's best-selling vehicle for the eighth consecutive month, industry bodies said.

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Mitsubishi To Stop Making Cars In Western Europe

February 6, 2012 10:38 am | by Toby Sterling, AP Business Writer

Mitsubishi Motors Corp. said Monday it will stop building cars at its Netherlands factory — the company's only plant in Western Europe — at the end of 2012.

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Jobless Rate At 8.3 Percent

February 6, 2012 10:35 am | by Christopher S. Rugaber, AP Economics Writer

The unemployment rate came down by two notches from December. It has fallen five months in a row, the first time that has happened since 1994.

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CAT Closure A Blow To Canada Mfg

February 6, 2012 10:32 am | by The Associated Press

Facing new competition from low-cost countries, the sector faces a tough future.

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GM Says Most Of Its Dealers Will Upgrade

February 6, 2012 10:28 am | by Dee-Ann Durbin, AP Auto Writer

The upgrades include more modern interiors and some dealers might also open cafes or salons.

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Apple, Motorola In Germany Patent Struggle

February 6, 2012 10:24 am | by The Associated Press

Apple has temporarily blocked Motorola's attempt to have it withdraw iPhone and iPad models from its Internet store in Germany.

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Electrolux Says Q4 Profits Plunged

February 3, 2012 7:08 am | by Louise Nordstrom, Associated Press

STOCKHOLM (AP) — Swedish appliance maker Electrolux AB saw its profits plunge in the fourth quarter in an increasingly competitive market as the pressure on prices increased and the sector was hit by higher raw-material costs and weaker demand. Electrolux reported Thursday a net profit of just 6 million kronor ($885,000) in the fourth quarter, far below the 860 million posted in the same three-month period a year ago.

Steel Wire Company Sheds Almost 2,000 Jobs

February 3, 2012 7:06 am

BRUSSELS (AP) — The steel wire company Bekaert has announced it is shedding 1,250 jobs in China and 600 in its Belgian home base to face market uncertainty and bad economic times. The company said Thursday it is downsizing its operations and 11,000-strong staff in China following low demand for sawing wire, overcapacity and a drop in prices.

Motorola Makes Apple Pull iPhones In Germany

February 3, 2012 7:04 am

FRANKFURT, Germany (AP) — Apple Inc. says it has withdrawn several iPhone and iPad models from its Internet store in Germany because of a legal dispute with Motorola Mobility. The move is in response to a ruling Motorola won against Ireland-based Apple Sales International Inc., from a court in Mannheim, Germany.

Factory Orders Up 1.1 Percent In December

February 3, 2012 7:02 am | by Martin Crutsinger, AP Economics Writer

WASHINGTON (AP) — Orders to U.S. factories rose in December, supported by a rebound in business investment in capital goods such as heavy machinery. The results cap off another strong year for U.S. manufacturing. Combined with strong figures released Thursday on job growth in January, they signal the economic recovery is gathering strength.

KY Plant To Be Featured In Super Bowl Ad

February 3, 2012 6:58 am

GEORGETOWN, Ky. (AP) — A central Kentucky Toyota manufacturing plant will get a moment in the Super Bowl spotlight when it is featured in a 60-second ad scheduled to run during the pregame show. The commercial opens with scenes of the state's bluegrass countryside covered by an early morning fog.

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CAT Closes Locked Out Plant In Canada

February 3, 2012 6:57 am | by Rob Gillies,Associated Press

TORONTO (AP) — Caterpillar Inc. said Friday it will close its locomotive plant in Canada, where workers have been locked out since the start of the year. Caterpillar subsidiary Progress Rail Services said in a statement that the cost structure of the Electro-Motive plant was not sustainable and efforts to negotiate a new labor agreement failed.

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