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Daily industrial news and top headlines for plant and maintenance managers

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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Goodyear Posts 4Q Profit, But Misses Street View

February 14, 2012 10:13 am | by The Associated Press

Goodyear Tire & Rubber Co. returned to profitability in its fourth quarter partly due to higher tire prices after reporting a loss a year ago that included hefty costs tied to a plant closing.

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Boeing Frustrated With Dreamliner Glitch

February 13, 2012 2:32 pm | by Alex Kennedy, Associated Press

Boeing has fixed a shimming problem discovered earlier this month on some 787 fuselages and plans to inspect other planes for the error, Boeing vice president of 787 development Mark Jenks said.

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Tentative Deal In MS Suit Over Illegal Workers

February 13, 2012 2:30 pm | by Holbrook Mohr, Associated Press

A Mississippi company that was the target of the largest U.S. workplace raid on illegal immigrants has reached a tentative settlement agreement in a discrimination lawsuit by four black women who claimed the company gave preferential treatment to Latinos, federal court records said.

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Google Says EU OKs $12.5B Motorola Deal

February 13, 2012 2:28 pm | by The Associated Press

Google says European regulators have approved its $12.5 billion acquisition of cellphone maker Motorola Mobility Holdings.

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Obama Wants $8B For Community College Training

February 13, 2012 2:26 pm | by Jim Kuhnhenn, Kimberly Hefling, Associated Press

President Barack Obama called on Congress Monday to create an $8 billion fund to train community college students for high-growth industries, part of his broader pitch to make higher education more affordable for all Americans.

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U.S. Probes Door Fires In TrailBlazers

February 13, 2012 2:22 pm | by Tom Krisher, AP Auto Writers

Federal safety regulators are investigating fires in the driver's side doors of Chevy TrailBlazers, the second such probe in a week.

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EU Won't Scrap Carbon Tax

February 13, 2012 2:19 pm | by Alex Kennedy, Associated Press

Airlines and governments have complained the tax is too costly and was implemented without consultation. Industry leaders are warning the disagreement could spark a trade war between Europe and the rest of the world.

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BMW Fined $3M For Untimely 2010 Recalls

February 13, 2012 10:22 am | by Joan Lowy, Associated Press

German automaker BMW has agreed to pay $3 million for delays in reporting safety defects and recalls to the federal regulators, the National Highway Traffic Safety Administration said.

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Chinese City Seizes iPads In Name Dispute

February 13, 2012 10:20 am | by Joe McDonald, AP Business Writer

Authorities have seized Apple iPads from retailers in a city in northern China due to a dispute with a domestic company that says it owns the iPad name, an official said Monday. The Chinese company said it is asking for similar action in more than 20 other cities.

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GE To Hire 5,000 Vets Over Next 5 Years

February 13, 2012 10:18 am | by The Associated Press

GE said Monday that its "Hiring Our Heroes" partnership will help match veterans with jobs. The company, whose products range from jet engines to light bulbs, will also team with the U.S. Chamber of Commerce to sponsor 400 veterans' job fairs this year.

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