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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

China Passenger Car Sales Up 4.5 Percent

April 11, 2012 2:16 pm | by Elaine Kurtenbach, AP Business Writer

China's passenger car sales rose a modest 4.5 percent in March from the year before as automakers cut prices to counter slack demand.


Copper Falls As Economic Hopes Dim

April 11, 2012 2:15 pm | by The Associated Press

Copper prices fell again as more signs of trouble in Europe's debt crisis sent stock markets plunging on both sides of the Atlantic.


U.S. Sues Apple, Publishers Over eBook Prices

April 11, 2012 2:13 pm | by Pete Yost, Associated Press

Several states have sued Apple and major publishers, alleging a conspiracy to raise the price of electronic books that Attorney General Holder says cost consumers millions of dollars.


BMW, VW Hit Q1 Sales Records

April 11, 2012 2:11 pm | by The Associated Press

German automakers BMW and Volkswagen continued an export-driven surge that contrasts with Europe's chronic debt woes and slack economy.


Army Lab To Develop Energy-Saving Technology

April 11, 2012 10:26 am | by John Flesher, Associated Press

A new Army laboratory will develop technology such as fuel cells and hybrid systems for combat vehicles as the Pentagon steps up its push for cleaner and more reliable energy, federal officials said Wednesday.


Employers Posted More Job Openings In February

April 11, 2012 10:19 am | by Christopher S. Rugaber, AP Economics Writer

Employers posted slightly more job openings in February, suggesting that modest hiring gains will continue in coming months.


OSHA Fines Company In Wake Of Explosion

April 11, 2012 10:17 am | by The Associated Press

Officials are levying a $231K fine against a company that operates an IL pasta plant for violations linked to an explosion that injured two workers last October.


Auto Supplier To Create Hundreds Of WV Jobs

April 11, 2012 10:15 am | by The Associated Press

Gestamp plans to invest a minimum of $100M at the former South Charleston Stamping and Manufacturing Plant, Gov. Tomblin announced.


Alcoa's Surprise 1Q Profit Could Boost Wall Street

April 11, 2012 10:12 am | by Sandy Shore, AP Business Writer

The largest U.S. aluminum manufacturer surpassed analyst forecasts for a small loss by selling more aluminum to a wide range of customers.


Nokia Lowers 2012 Outlook, Shares Nosedive

April 11, 2012 10:10 am | by The Associated Press

Nokia Corp. on Wednesday warned that heavy competition will hit first-quarter performance, especially in developing markets.


USMTO: Technology Orders Continue To Rise In 2012

April 10, 2012 2:08 pm | by AMT

February U.S. manufacturing technology orders totaled $444.06 million according to AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was up 9.3 percent from January and up 35.2 percent when compared with the total of $328.44 million reported for February 2011.


Apple Market Value Hits $600B

April 10, 2012 2:05 pm | by Peter Svensson, AP Technology Writer

The rally has been fueled by the report of another blow-out quarter, and the announcement that Apple will start putting its $97.6B cash hoard to use by paying a dividend and buying back shares.


WV Judge Throws Out Injury Cases Against DuPont

April 10, 2012 2:02 pm | by Vicki Smith, Associated Press

A judge has dismissed a personal injury lawsuit that 14 West Virginia families brought against DuPont over a former zinc smelting operation, saying they failed to produce evidence that toxins from the plant made them sick.


Michelin To Build New $750M SC Plant

April 10, 2012 2:00 pm | by Jeffrey Collins, Associated Press

Michelin announced plans Tuesday to break ground on a new plant in Anderson County that could create 500 jobs making giant tires for use on heavy equipment in mines, quarries and construction sites.


MO Woman Sentenced To 5 Years For Embezzlement

April 10, 2012 1:58 pm | by The Associated Press

Ervin has been sentenced to five years in federal prison for embezzling nearly $880,000 from a manufacturing company where she worked as a payroll administrator.


Sony Doubles Red Ink Forecast To Worst Loss Ever

April 10, 2012 1:56 pm | by Malcolm Foster, Associated Press

Sony Corp. more than doubled its projected annual loss to $6.4B, its worst red ink ever, due to a massive tax charge.


Bankrupt Saab Has Debts Of $1.9B

April 10, 2012 10:28 am | by The Associated Press

The value of bankrupt Saab Automobile's assets covers less than a third of its debts and only some preferential creditors will get any money back, the company's trustees said Tuesday.


China Exports, Imports Weak In March

April 10, 2012 10:26 am | by Joe McDonald, AP Business Writer

China returned to a trade surplus in March but growth in exports and imports was weak as U.S. and European economic woes and a Chinese slowdown weighed on consumer demand.


VW Conducting National Search To Fill TN Jobs

April 10, 2012 10:25 am | by Erik Schelzig, Associated Press

Volkswagen is conducting a national search to fill the most specialized of 1,000 new jobs at its Chattanooga plant.


Kyocera To Build Mega Solar Power Plant

April 10, 2012 10:23 am | by The Associated Press

Major Japanese photovoltaic cell maker Kyocera Corp. said Tuesday it is considering building a 70,000-kilowatt solar power plant in Kagoshima



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