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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

FCC Plans To Nix National Wireless Network

February 15, 2012 2:13 pm | by Anick Jesdanun, AP Technology Writer

Federal officials plan to kill a proposal to build a new national high-speed wireless network after concluding it would in some cases jam personal-navigation and other GPS devices.

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Deere Says 1Q Profit Up On Strong Sales

February 15, 2012 2:11 pm | by Josh Funk, AP Business Writer

The world's largest maker of agricultural equipment posted first-quarter earnings of $532.9 million, or $1.30 per share in its fiscal first quarter. That's up from $513.7 million, or $1.20 per share, last year.

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Swiss Craft Janitor Satellites To Get Space Junk

February 15, 2012 2:09 pm | by John Heilprin, Associated Press

The 10-million-franc ($11-million) satellite called CleanSpace One — the prototype for a family of such satellites — is being built by the Swiss Space Center at the Swiss Federal Institute for Technology in Lausanne, or EPFL.

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Airlines Forecast To Buy $3.5T Of New Jets By 2030

February 15, 2012 10:19 am | by Alex Kennedy, Associated Press

Global airlines will need $3.5 trillion of new planes through 2030, with more than a third of that demand coming from Asia, Airbus's chief executive said Wednesday.

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States May Intervene In Honda Hybrid Settlement

February 15, 2012 10:17 am | by Elliot Spagat, Associated Press

A judge on Tuesday granted California and four other states more time to consider objecting to a class-action settlement between Honda Motor Co. and car owners over inflated fuel-efficiency claims about the automaker's hybrid vehicles.

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Boeing: Effect Of Budget Plan Not Yet Clear

February 15, 2012 10:14 am | by Ken Miller, Associated Press

The Boeing Co. said Tuesday that it's too early to know whether a proposal to eliminate a program to upgrade the cockpits of C-130 aircraft will affect the number of jobs the company plans to move to Oklahoma City.

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Lawmakers Say NC Weighed For CAT Site

February 15, 2012 10:12 am | by Emery P. Dalesio, AP Business Writer

A Brunswick County industrial park is being scouted as a site for a Caterpillar Inc. factory that could employ more than 1,000 people to make small excavators and tractors.

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Peanut Firm Seeks Another $1M In MS Aid

February 15, 2012 10:10 am | by Jeff Amy, Associated Press

Birdsong Corp. wants another $1 million from Mississippi to expand its peanut processing plant in Aberdeen.

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Factory Output Jumps 0.7 Percent In January

February 15, 2012 10:08 am | by Christopher S. Rugaber, AP Economics Writer

U.S. factories boosted output last month and December ended up being their best month for growth in five years. Busier factories are helping drive the economy.

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Son Of Ex-McDonnell Douglas CEO Sues Boeing

February 14, 2012 2:29 pm | by The Associated Press

A member of the St. Louis family that ran McDonnell Douglas is suing Boeing Co., which bought the aerospace company in 1997, alleging Boeing infringed on his patents for an unmanned drone landing system.

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Overcapacity Could Drag On Solar For Some Time

February 14, 2012 2:25 pm | by The Associated Press

Solar panel manufacturers will have a hard time boosting revenues this year with Germany cutting government incentives at a time when the market is flush with supply, industry analysts believe.

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Independent Group Inspecting Apple Suppliers

February 14, 2012 2:23 pm | by Peter Svensson, AP Technology Writer

Apple said Monday that an independent group, the Fair Labor Association, has started inspecting working conditions in the Chinese factories where its iPads and iPhones are assembled.

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Toyota Boosts U.S. Sales With Rental Cars

February 14, 2012 2:21 pm | by Dee-Ann Durbin, Tom Krisher, AP Auto Writers

The company sold 24,409 cars and trucks to U.S. fleets in January, a 47 percent increase over January of last year. Without fleets, Toyota's U.S. sales would have been up less than 1 percent for the month, instead of the 7.5 percent increase it reported.

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Swiss Defense Minister Defends Swedish Jet Deal

February 14, 2012 2:18 pm | by John Heilprin, Associated Press

Maurer said, however, that Switzerland would still consider alternatives to the Gripen if the French or any other plane-makers extend worthy counter offers.

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India's Tata Motors Logs 40.5 Percent Profit Growth

February 14, 2012 2:14 pm | by The Associated Press

Backed by strong sales at its Jaguar Land Rover unit, India's Tata Motors posted a 40.5 percent growth in profit in the quarter ended in December 2011, the company said Tuesday.

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Boeing Locks In Biggest Order Ever

February 14, 2012 10:23 am | by Samantha Bomkamp, AP Airlines Writer

The Chicago airplane manufacturer said Tuesday that it has finalized an order from Indonesian carrier Lion Air for 230 planes — worth a combined $22.4 billion.

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Chinese Company To Seek iPad Import, Export Ban

February 14, 2012 10:21 am | by Joe McDonald, AP Business Writer

Proview said Tuesday it will ask customs officials to ban imports and exports of Apple's iPads due to a dispute over ownership of the trademark.

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Doctors Urge More Production Of Scarce Drug

February 14, 2012 10:19 am | by Linda A. Johnson, AP Business Writer

Four pharmaceutical companies that make a crucial cancer drug for children that's suddenly in short supply are being urged to try to quickly step up production to prevent unnecessary deaths.

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Eurozone Set For Q4 Economic Contraction

February 14, 2012 10:17 am | by Pan Pylas, Associated Press

German figures are expected to show that Europe's largest economy shrank by around 0.3 percent during the fourth quarter following a 0.5 percent expansion in the previous quarter.

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Bombardier Says Airline To Buy 5 Planes

February 14, 2012 10:15 am | by The Associated Press

An unnamed airline has agreed to buy five Q400 aircraft from Bombardier Aerospace, the company said Monday, with a total combined list price of about $160 million.

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