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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Ohio Paper Company Files For Chapter 11

September 7, 2011 9:55 am

MIAMISBURG, Ohio (AP) — Paper producer NewPage Corp. said Wednesday that it is seeking Chapter 11 bankruptcy protection while it restructures. The privately held Ohio-based company said it expects to continue operating its U.S. business as usual and has commitments for $600 million in financing led by J.

Obama To Propose $300B To Jump-Start Jobs

September 7, 2011 9:53 am | by David Espo, Jim Kuhnhenn, Associated Press

WASHINGTON (AP) — The economy weak and the public seething, President Barack Obama is expected to propose $300 billion in tax cuts and federal spending Thursday night to get Americans working again. Republicans offered Tuesday to compromise with him on jobs — but also assailed his plans in advance of his prime-time speech.

Kraft To Split Before End Of 2012

September 7, 2011 9:51 am

CHICAGO (AP) — Kraft Foods Inc. still expects to split itself into two publicly traded companies before the end of next year, the nation's largest food maker said Wednesday. Kraft announced last month that one of the companies will focus on its international snack brands like Trident gum and Cadbury chocolates and the other one will concentrate on its North American grocery business that includes Maxwell House coffee and Oscar Mayer meats.

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Businesses Post Most Job Openings In 3 Years

September 7, 2011 9:49 am | by Christopher S. Rugaber, AP Economics Writer

WASHINGTON (AP) — Companies in July advertised the most jobs in three years, and layoffs declined — a bit of hope for a weak economy. Still, many employers are in no rush to fill openings. The Labor Department said Wednesday that employers increased their postings to 3.23 million from 3.

Worker Dies In Steel Mill Accident

September 7, 2011 9:47 am

MAGNOLIA, Ark. (AP) — A worker at a steel mill in Magnolia is dead after an accident that occurred while changing a cable on an overhead crane. The Banner-News reports (http://bit.ly/mZ9DoO ) that 55-year-old Gene Drake of Waldo was killed in the late Tuesday morning accident at CMC Steel Arkansas.

Southwest Hopes New Planes Will Help Profitability

September 7, 2011 9:44 am | by David Koenig, AP Airlines Writer

DALLAS (AP) — Southwest Airlines Co. expects to take delivery of its first Boeing 737-800 next March and get 25 of the new, larger planes next year to help boost its financial results. Southwest chief financial officer Laura Wright said Wednesday that the company expects to eventually own 100 of the 737-800s.

CO Baking Soda Maker Doubling Capacity

September 7, 2011 5:36 am

GRAND JUNCTION, Colo. (AP) — North America's second-largest producer of baking soda is working to boost production at its Colorado plant while it looks to research how to commercially develop oil shale in the state. Natural Soda Inc., a subsidiary of Natural Resources USA Corp., mines sodium bicarbonate in Rio Blanco County from what the company says are one of the largest known deposits of nahcolite in the world.

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Lockheed Martin Wins $100M Air Force Contract

September 7, 2011 5:34 am

Bethesda, Md. (AP) — Lockheed Martin Corp. said Tuesday that it received a $100.5 million contract from the U.S. Air Force for production of a new laser guided bomb guidance system, the paveway II Plus Laser Guided Bomb GBU-12. The award is most of an initial $134 million contract for the bomb system procurement.

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Springfield To Vote On Regulating Unlawful Hires

September 7, 2011 5:32 am

SPRINGFIELD, Mo. (AP) — Springfield residents will vote on a controversial bill that would require businesses to check the status of workers before hiring them. The City Council voted 4-4 Tuesday against the ordinance. The Springfield News-Leader reports (http://bit.ly/pUBH6B ) that under the rules governing initiative petitions, the tie vote sends the ordinance to voters, either in February or March.

Toyota Stops Exporting Camrys To North America

September 7, 2011 5:29 am

TOKYO (AP) — Toyota says it's no longer exporting Camry sedans from Japan to North America, where the best selling car is also manufactured — a decision that makes financial sense for the automaker as the yen soars against the dollar. Toyota Motor Corp., Japan's No. 1 automaker, exported only about 1,700 Camry cars from Japan last year, and only when demand was so great that North American production couldn't keep up.

Getting Back To Even On Jobs Divides U.S. Leaders

September 7, 2011 5:26 am | by Tom Raum, Associated Press

WASHINGTON (AP) — America's sickly economy can be healed with jobs, jobs and more jobs. On that, everyone agrees. Figuring out how to produce them is what is stumping everyone. Other than letting time take its course, Washington lacks a clear answer on how to create permanent new jobs on a national scale.

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Cash-Strapped Saab Files For Bankruptcy

September 7, 2011 5:23 am | by Louise Nordstrom, Associated Press

STOCKHOLM (AP) — The owner of cash-strapped car maker Saab filed for bankruptcy protection on Wednesday in a last-ditch attempt to salvage a brand crippled by production stoppages, withheld salary payments and mounting debt. Swedish Automobile, formerly known as Spyker Cars, said the move would buy it time to receive funding from Chinese investors, currently awaiting regulatory approval, and avoid bankruptcy.

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Silgan Closes On Nestle Purina Steel-Can Buyout

September 6, 2011 9:17 am

STAMFORD, Conn. (AP) — Packaging-products supplier Silgan Holdings Inc. has closed on its $25 million purchase of Nestle Purina PetCare Co.'s steel can-making assets for its pet food products. "This transaction enhances our market-leading position in food cans, allowing us to further leverage our broad manufacturing platform to continue to provide competitive advantage to customers such as Nestlé," Silgan President and CEO Tony Allott said in a statement.

NC Aviation Firm Plans Expansion

September 6, 2011 9:16 am

WALLBURG, N.C. (AP) — A North Carolina company that keeps commercial airliners flying plans to shift its manufacturing operations to a recently opened facility in Davidson County. The News & Record of Greensboro reports (http://bit.ly/nPukHU ) that privately-owned TIMCO Aviation Services plans to start shifting jobs to its Wallburg facility shortly.

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Utah To Lose 1,300 Jobs When Munitions Sites Close

September 6, 2011 9:12 am

TOOELE, Utah (AP) — After 15 years of incinerating the nation's largest single stockpile of chemical weapons, the U.S. Army's job in Utah's west desert is nearly done. But closing down facilities responsible for storing and incinerating the weapons of mass destruction will mean the loss of more than 1,300 jobs over the next two years, the Deseret News reported (http://bit.

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Congress Returns Amid Sour Mood Over Economy

September 6, 2011 9:09 am | by Jim Abrams, Associated Press

WASHINGTON (AP) — Still bruised by the summer battle over the debt ceiling, Congress reconvenes this week for what could be an equally painful confrontation over how to put Americans back to work. Lawmakers returning to Washington after a monthlong recess are in accord on at least one thing: Jobs policy must be at the top of the agenda.

Service Firms Growth Too Weak To Help Economy

September 6, 2011 9:07 am | by Martin Crutsinger, AP Economics Writer

WASHINGTON (AP) — Service firms that employ 90 percent of the U.S. work force expanded at a slightly faster pace in August. But the sector remains too weak to help an economy that is barely growing and struggling to create jobs. The Institute for Supply Management said Tuesday that its index for service companies rose to 53.

Sprint Files Antitrust Suit To Block AT&T

September 6, 2011 9:04 am

WASHINGTON (AP) — Sprint Nextel Corp., the No. 3 wireless carrier in the U.S., on Tuesday filed an antitrust lawsuit that seeks to block AT&T Inc. from buying T-Mobile USA. The Justice Department last week filed a similar suit in the District of Columbia, and Sprint's parallel filing gives it an opportunity to influence that case.

Toyota Start Of Production Draws Near

September 6, 2011 5:34 am | by Dennis Seid

BLUE SPRINGS, Miss. (AP) — At the 2 million-square-foot Toyota Motor Manufacturing Mississippi plant, the first Corollas have already been made. But they're not for sale just yet. The test cars are works in progress, allowing team members — Toyota's term for its employees — to put their knowledge and training to use in anticipation of the long-awaited day when the first production-ready, sellable Corollas roll off the line.

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Window Plant To Close, 252 Jobs Lost

September 6, 2011 5:32 am

McALESTER, Okla. (AP) — A company that manufactures and distributes windows plans to shut down its McAlester plant, leaving 252 people out of work. Simonton Windows officials anticipate closing the plant by the end of the year, spokeswoman Kathy Ziprik told the McAlester News-Capital for a story published Friday (http://bit.

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