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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Congress, White House Fight Over Funding For Tanks

July 5, 2012 1:59 pm | by John Seewer, Associated Press

Caught in the middle are hundreds of workers at the northern Ohio tank plant who are worried about losing high-paying manufacturing jobs at a time when those positions are scarce.

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GE Postpones Nation's Largest Solar Panel Plant

July 5, 2012 1:58 pm | by The Associated Press

The Denver Post reports Wednesday that GE has told state and local officials that it plans to postpone construction of its PrimeStar solar panel plant by 14 to 18 months.

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VW Shares Soar On Deal To Complete Porsche Merger

July 5, 2012 1:56 pm | by The Associated Press

Shares in Volkswagen AG soared higher on Thursday after Europe's biggest automaker announced a deal to complete the takeover of sports car manufacturer Porsche by the end of the month.

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U.S. Jobless Aid Applications Fall To 6-Week Low

July 5, 2012 1:55 pm | by Christopher S. Rugaber, AP Economics Writer

The reports offered some hope for the job market after three sluggish months of hiring.

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Fiat Raising Chrysler Stake

July 5, 2012 1:53 pm | by The Associated Press

Italian carmaker Fiat says it is consolidating its ownership of Chrysler by exercising an option to purchase around 3.3 percent of Chrysler equity from a trust fund that manages health care for pensioners.

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Toshiba Loses Verdict On LCD Price-Fixing

July 5, 2012 1:51 pm | by The Associated Press

A jury found that Toshiba knowingly participated in a conspiracy to fix the price of LCDs sold in the U.S., contributing to $87M worth of damages suffered by manufacturers and consumers.

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U.S. Auto Sales On The Rise

July 3, 2012 1:58 pm | by The Associated Press

"The affordability of cars is probably at an all-time high," Chrysler Group sales chief Reid Bigland said last week.

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Hawker Beechcraft In Talks With Potential Buyers

July 3, 2012 1:56 pm | by The Associated Press

Aircraft maker Hawker Beechcraft is narrowing down a list of potential buyers as part of its plan to emerge from bankruptcy reorganization.

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U.S. Factory Orders Increased In May

July 3, 2012 1:55 pm | by Martin Crutsinger, AP Economics Writer

Companies placed more orders with U.S. factories in May from April, demanding more computers, machinery, and other equipment that signal investment plans.

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VA Ammunition Plant Leak Investigated, 1 Injured

July 3, 2012 1:54 pm | by The Associated Press

Investigators are looking for the cause of an acid leak that injured one worker at an ammunition plant in Radford.

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Quaker Chemical Buys NP Coil Dexter Industries

July 3, 2012 1:53 pm | by The Associated Press

Quaker Chemical Corp. said Monday that it has purchased metal surface treatment products maker NP Coil Dexter Industries S.r.l.

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Protests Force Chinese City To Scrap Copper Plant

July 3, 2012 1:51 pm | by The Associated Press

Shifang city announced Tuesday it has scrapped plans for a copper plant after thousands of people protested the project's possible public health risks.

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Alabama Gives Airbus $158M In Incentives

July 3, 2012 10:19 am | by The Associated Press

Alabama is providing more than $158 million in economic incentives for the Airbus assembly plant that will be built in Mobile.

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MD Volvo Workers Improve Biz

July 3, 2012 10:18 am | by Arnold S. Platou, The Herald-Mail of Hagerstown

It's often said that if you really want to find ways to improve your business, ask an employee. At its Hagerstown plant, Volvo did ask — and the result is "significant savings," according to company representatives. 

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Boeing Expects Market For 34K New Planes

July 3, 2012 10:16 am | by Joshua Freed, AP Business Writer

Boeing is predicting that the world's airlines will buy 34,000 new airplanes over the next 20 years, driven by strong growth in China, India, and other emerging markets.

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Toyota Starts Monitoring Electricity Usage

July 3, 2012 10:15 am | by The Associated Press

Toyota began monitoring electricity usage and power generation at its plants in an integrated manner on Monday to make more efficient use of energy and conserve power, company officials said.

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Industry Offers Conduct Code For Unmanned Aircraft

July 3, 2012 10:13 am | by Kevin Begos, Associated Press

A trade group for drone aircraft manufacturers and operators has released the industry's first code of conduct in response to growing privacy concerns.

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Renesas: Slashing 5,000 Jobs, 8 Japan Plants

July 3, 2012 10:12 am | by The Associated Press

Renesas Electronics Corp. said Tuesday it will close or sell eight of its 18 domestic plants and solicit early retirement applications from over 5,000 employees in September as part of its restructuring effort.

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U.S. Manufacturing Shrinks For First Time In 3 Years

July 2, 2012 2:14 pm | by Christopher S. Rugaber, AP Economics Writer

U.S. manufacturing shrank in June for the first time in nearly three years, adding to signs that economic growth is weakening.

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Toyota Unit Launches 1-Seater Electric Car

July 2, 2012 2:12 pm | by The Associated Press

Toyota Auto Body Co. launched a new model of the Coms one-seater electric car that can travel faster and longer per charge than the previous model launched in 2000.

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