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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Obama: Fuel-Efficient Cars An Answer To Gas Prices

March 5, 2012 10:14 am | by Jim Kuhnhenn, Associated Press

In his weekly radio and online address Saturday, Obama said Detroit automakers are on track to build cars that average nearly 55 miles per gallon by 2025, doubling current mileage standards.

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GM To Suspend Chevrolet Volt Production

March 5, 2012 10:12 am | by David Koenig, AP Business Writer

A GM spokesman said that the company will shut down production of the Volt from until April 23, idling 1,300 workers at the Detroit-Hamtramck assembly plant.

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U.S. Mothballs Airborne Missile Defense Weapon

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

The Pentagon has mothballed a laser-equipped jumbo jet after 15 years and $5 billion worth of research to develop an airborne missile defense system.

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Kazakhstan's Air Astana Orders Boeing 787, 767

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

Boeing said Air Astana has ordered seven planes, including three of its new 787s. The order would be worth $1.3 billion at list prices. 

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Union Says Sparrows Point To Idle Tin Mill

March 2, 2012 2:01 pm

Union officials say the owners of the Sparrows Point steel mill plan to temporarily idle the tin mill at the financially struggling plant.

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ND Officials Move To Take Over Sunflower Company

March 2, 2012 2:00 pm | by Dale Wetzel, Associated Press

North Dakota regulators filed court documents to take over the seed processing company that may owe farmers more than $4 million.

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Century Aluminum Factory Restart Possible

March 2, 2012 1:56 pm | by The Associated Press

Century says remaining factors include the aluminum market, a competitive labor agreement, and an energy contract.

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Hitachi To Up Global Output Of Mining Machines

March 2, 2012 1:54 pm | by The Associated Press

Hitachi Construction Machinery Co. said it will construct new plants and expand existing plants to increase its production capacity amid robust global demand.

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Detroit Is Ready For Rising Gas Prices

March 2, 2012 10:09 am | by Dee-Ann Durbin, Tom Krisher, AP Auto Writers

The Detroit Three have spent billions since 2008 to roll out new models such as the Dodge Dart and Chevrolet Cruze.

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German Court Dismisses Apple, Samsung Lawsuits

March 2, 2012 10:07 am | by The Associated Press

Court spokesman Joachim Bock said judges dismissed both cases involving alleged patent infringements of the companies' respective slide-to-lock technology on mobile devices.

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Abbott To Spend $270M On OH Nutritional Plant

March 2, 2012 10:05 am | by The Associated Press

Health care product maker Abbott Laboratories says it will spend $270 million on a new plant in Ohio and employ 240 workers to make nutritional drinks.

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U.S. Still Interested In Brazilian Military Aircraft

March 2, 2012 10:03 am | by Jenny Barchfield, Associated Press

The U.S. is still interested in the Super Tucano aircraft, a State Department official said days after the Air Force said it was rescinding a $354M contract for such aircraft.

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Plans Call For Demolishing Detroit Packard Plant

March 2, 2012 10:01 am | by The Associated Press
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Jobs Picture Brightens, But Incomes Weak

March 2, 2012 9:59 am | by Christopher S. Rugaber, Derek Kravitz, AP Economics Writers

Americans' after-tax income adjusted for inflation actually fell in January, which led to a fourth straight month of weak consumer spending.

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Big Sales For Small Cars In February

March 1, 2012 1:32 pm | by Dee-Ann Durbin, Tom Krisher, AP Auto Writers

Chrysler's February sales rose 40 percent from a year earlier as it sold nearly 134,000 new cars and trucks.

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China Manufacturing Sees February Gains

March 1, 2012 1:30 pm | by Elaine Kurtenbach, AP Business Writer

China's manufacturing gained momentum in February, helped by strength in new orders, export demand and production, a government survey showed, though inflation pressures remain a concern.

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IN-Based Hybrid Startup Ceasing Operations

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

A startup company that planned to manufacture hybrid delivery vehicles is ceasing operations, blaming "onerous" federal requirements executives say thwarted their efforts to secure a $450 million loan.

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GM To Take Peugeot Stake As Part Of Alliance

March 1, 2012 1:26 pm | by Greg Keller, AP Business Writer

General Motors and France's PSA Peugeot Citroen, both struggling in Europe, unveiled the details of a strategic alliance that will see the U.S. auto giant take a small stake in Europe's No. 2 carmaker.

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Australian Charged In U.S. Says He Sold To Iran

March 1, 2012 1:22 pm | by The Associated Press

Prosecutors say Levick concealed the fact that the goods were intended for shipment to Iran and duped manufacturers, shippers, and distributors about their intended use.

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Apple Market Value Hits $500B, Where Few Have Gone

March 1, 2012 1:18 pm | by Peter Svensson, AP Technology Writer

Apple's market capitalization topped $500 billion Wednesday, climbing to a mountain peak where few companies have ventured — and none have stayed for long.

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