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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Execs Guilty Of Fixing LCD Prices

March 14, 2012 10:09 am | by Paul Elias, Associated Press

A Taiwan company and its top executives have been found guilty of working with competitors to inflate prices of LCDs used in computer monitors and televisions.

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Honda To Recall 460,000 CR-Vs

March 14, 2012 10:07 am | by The Associated Press

Honda has notified Chinese authorities of a plan to recall a total of 459,962 units of the CR-V sport utility vehicle and other models to fix their defective horns.

Kohler Acquires Brazilian Generator Company

March 14, 2012 10:06 am | by The Associated Press

The Wisconsin manufacturing company says its acquired Maquigeral for part of its power systems group.

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Bank Surge Sends Dow To Highest Level Since 2007

March 14, 2012 10:04 am | by Matthew Craft, AP Business Writer

The combination of strong retail sales and the Fed announcement dampened hopes that the Fed would buy more bonds to stimulate the economy.

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Evergreen Solar Seeks OK To Abandon Plant

March 13, 2012 2:27 pm | by The Associated Press

Evergreen Solar is asking a bankruptcy judge for permission to walk away from its former plant in Devens.

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Obama Warns China Against 'Skirting The Rules'

March 13, 2012 2:25 pm | by Julie Pace, Associated Press

President Barack Obama warned China Tuesday that it would not be allowed to gain a competitive advantage in world trade by "skirting the rules."

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Plans For Pellet Plant Hinge On MN Bill

March 13, 2012 2:24 pm | by The Associated Press

The legislation exempts the proposed Magnetation Inc. pellet plant in Itasca County from certain state environmental reviews.

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Dow Chemical Plans For MI Dioxin Cleanup

March 13, 2012 2:22 pm | by The Associated Press

The plan will let Dow sample soil at up to 1,400 residential properties in Midland, home of its corporate headquarters.

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Romania Invests $97.5M To Help Ford Production

March 13, 2012 2:21 pm | by The Associated Press

The Romanian government says it will invest $97.5M of state aid to help production at its compact van factory Romania.

Unemployment Fell In 45 States In January

March 13, 2012 2:18 pm | by Christopher S. Rugaber, AP Economics Writer

The unemployment rate fell in 45 U.S. states in January, a sign that nearly all of the country is benefiting from an improving economy and job market.

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U.S., EU, Japan Challenge China Over Minerals Trade

March 13, 2012 10:20 am | by Don Melvin, Associated Press

The United States, the European Union, and Japan filed complaints with the WTO charging that China is limiting its export of rare earths that are vital to the production of technology components.

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Honda To Open Motorcycle Factory In Indonesia

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

Honda Motor Co. said it plans to open a new motorcycle plant in Indonesia with an annual output capacity of 1.1M units to meet growing local demand.

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MO Offering Incentives To Invensys Controls

March 13, 2012 10:17 am | by The Associated Press

Missouri is offering $1.1 million of incentives for an expansion of Invensys Controls that Gov. Jay Nixon says could create 200 jobs.

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More Than 1,000 Workers To Join Electrolux Lawsuit

March 13, 2012 10:15 am | by The Associated Press

Former employees of a now-shuttered washer and dryer plant are expected to join a class-action lawsuit seeking back pay for time spent putting on protective equipment before shifts.

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Apple Says iPad Trademark Demands Unfair

March 13, 2012 10:13 am | by Elaine Kurtenbach, AP Business Writer

In its latest statement on a simmering dispute over the iPad brand name, Apple said that Proview's insistence that it still owns the mainland China iPad trademarks is misleading and unfair.

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Carmakers: Target Distracting Handheld Devices

March 13, 2012 10:11 am | by Joan Lowy, Associated Press

Drivers will switch from using distracting devices built into car dashboards to using even more distracting handheld devices unless the government addresses both issues, automakers warned.

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WTO Rules Boeing Got $5B In Illegal Subsidies

March 12, 2012 2:16 pm | by John Heilprin, Associated Press

The World Trade Organization ruled that U.S. planemaker Boeing received more than $5B in illegal government subsidies, much less than what European arch-rival Airbus received.

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Prisons Won't Take KY Company's Military Contract

March 12, 2012 2:14 pm | by Roger Alford, Associated Press

Workers at a Campbellsville factory that makes T-shirts for U.S. soldiers won't have to fear losing their jobs to prisoners.

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Brazil Wants Mexico To Limit Car Exports

March 12, 2012 2:13 pm | by Stan Lehman, Associated Press

The Brazilian government officially asked Mexico to set a $1.4B annual limit on the auto exports it ships to Brazil, an official with direct knowledge of trade talks between the nations said.

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Visteon Sells Automotive Lighting Unit For $92M

March 12, 2012 2:11 pm | by The Associated Press

Visteon said the sale will allow it to concentrate on making climate-control and electronics products for vehicle manufacturers and on its joint ventures.

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