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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

BMW Recalling 367K Cars To Fix Cables

March 29, 2012 2:11 pm | by Tom Krisher, AP Auto Writer

U.S. safety regulators and BMW say owners of some 5- and 6-Series cars should park them outside until a battery cable problem can be fixed.

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DE Seeks Foreign Trade Zone Status For Fisker

March 29, 2012 2:09 pm | by The Associated Press

Foreign Trade Zone procedures could exempt Fisker from customs duty payments on foreign components used in export production, which Fisker expects will account for about half of the plant's shipments.

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Oracle, Google Gird For Trial On Android Dispute

March 29, 2012 2:05 pm | by The Associated Press

The dispute hinges on Oracle's allegations that Google's widely used Android software for mobile devices infringes on copyrights and patents that Oracle acquired when it bought Sun Microsystems Inc. for $7.3 billion in 2010.

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Honda Breaks Ground For Mexico Factory

March 29, 2012 2:03 pm | by The Associated Press

Honda Motor Co. held a groundbreaking ceremony for its new factory near Celaya in central Mexico, aiming to start production there in spring 2014.

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SD Governor Says China Trade Mission Productive

March 28, 2012 2:02 pm | by Chet Brokaw, Associated Press

Gov. Dennis Daugaard said Wednesday he believes this week's trade mission to China will give South Dakota businesses a chance to export more products to the world's most populous nation.

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U.S. CEOs Plan To Hire As Outlook Brightens

March 28, 2012 2:01 pm | by Christopher S. Rugaber, AP Economics Writer

The brighter view from the boardroom comes after the best three months of job growth in two years.

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Toyota To Invest $80M In Canadian Factory

March 28, 2012 1:59 pm | by The Associated Press

The investment in Woodstock, Ontario, near Toronto will create 400 new jobs early next year when the added factory capacity comes on line.

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Cisco To Acquire Software Maker ClearAccess

March 28, 2012 1:57 pm | by The Associated Press

The world's largest maker of computer networking equipment said it plans to acquire ClearAccess to broaden network management tools for homes and mobile devices.

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Opel Recruits Marketing Chief From VW

March 28, 2012 1:55 pm | by The Associated Press

General Motor's struggling Adam Opel AG subsidiary in Europe has recruited a Volkswagen executive to take over its top marketing and sales job.

U.S. Orders For Long-Lasting Goods Rise 2.2 Percent

March 28, 2012 1:54 pm | by Christopher S. Rugaber, AP Economics Writer

U.S. companies ordered more long-lasting goods last month, showing businesses are willing to buy equipment and machinery even after an investment tax credit was halved.

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GE Engine Faulted For Crash That Killed 9

March 28, 2012 10:18 am | by Nigel Duara, Associated Press

An Oregon jury ruled Tuesday that a problem with an engine was responsible for the 2008 crash of a helicopter that killed nine firefighters during a wildfire in Northern California.

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Chip Maker Elpida Removed From Tokyo Exchange

March 28, 2012 10:17 am | by Elaine Kurtenbach, AP Business Writer

Computer chipmaker Elpida Memory Inc. was removed from the Tokyo Stock Exchange on Wednesday after filing for Japan's largest-ever manufacturing bankruptcy.

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Detroit Seeks Answers To Long-Term Debt Problems

March 28, 2012 10:14 am | by Corey Williams, Associated Press

Faced with a mountain of debt and burdensome union contracts, Detroit's financial predicament appears similar to the one General Motors and Chrysler confronted during the economic meltdown.

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Nokia Launches China Smartphone

March 28, 2012 10:12 am | by Joe McDonald, AP Business Writer

Struggling cellphone maker Nokia Corp. launched its first smartphone for China on Wednesday, looking to the world's biggest mobile market to help drive its 1-year-old turnaround effort.

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Amazon Announces New IN Distribution Center

March 28, 2012 10:09 am | by The Associated Press

Amazon.com Inc. announced plans for a $150M warehouse and distribution center in Indiana after state officials gave the online retailer two more years before it has to start collecting sales taxes from customers.

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Shareholders Sue Olympus Over Losses On Share Fall

March 28, 2012 10:06 am | by The Associated Press

The suit said the camera and medical equipment maker falsified financial statements over 10 years through March 2011 to cover up massive investment losses from 1998.

Century-Old Light Bulb From OH Site Still Works

March 27, 2012 2:25 pm | by The Associated Press

At least one of five century-old incandescent light bulbs still works after being pulled from the cornerstone of a Cleveland-area building along with a time capsule.

U.S. Stocks Trade Mixed After Consumer Report

March 27, 2012 2:24 pm | by Matthew Craft, AP Business Writer

The Federal Reserve Bank of Richmond reported that a measure of regional manufacturing plunged this month.

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Renesas To Sell Aomori Plant To Fuji Electric

March 27, 2012 2:22 pm | by The Associated Press

The major Japanese semiconductor maker aims to improve its performance by consolidating and enhancing production efficiency, as the company expects to see a 57 billion yen net loss for the current year.

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Navistar To Build New Work Truck In AL

March 27, 2012 2:21 pm | by The Associated Press

Taylor said the truck assembly plant is "a clear indication Navistar is going to be doing more in the state."

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