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Daily industrial news and top headlines for plant and maintenance managers

How the Small Manufacturing CEO Can Build Value

October 27, 2014 2:12 pm | by Lori Payne | Blogs | Comments

Small manufacturing enterprises are more than balance sheets to the CEO, who has usually built the business from the ground up, painfully learning every detail of a successful company as a hands-on leader and final decision-maker.     

Liquor Company's American CEO Adapts To New Climate

October 27, 2014 2:05 pm | by CBS News | Videos | Comments

The Chinese drank 11 billion liters of Baijiu last year, making it the most consumed spirit by volume. After suffering a significant loss in revenue, Sichuan Swellfun CEO Jim Rice is hoping a new approach will reinvigorate the business.    

Gas Mileage Inflated on 4 Mini Cooper Models

October 22, 2014 2:36 pm | by Tom Krisher, The Associated Press | News | Comments

The U.S. government has told BMW to reduce the gas mileage estimates on the window stickers on four of its Mini Cooper models after an audit found the figures were overstated.                      

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Coke Slashing Costs as Soda Sales Remain Flat

October 21, 2014 2:15 pm | by The Associated Press | News | Comments

Coca-Cola said it plans to slash costs by $3 billion a year after the world's biggest beverage maker reported disappointing sales on flat soda volume.                             

Can Paid Internships Help to Bridge the Gap in Manufacturing?

October 20, 2014 1:53 pm | by Megy Karydes, Communications Consultant for IIE | Articles | Comments

For small to medium-sized manufacturers willing to open their shop doors and let the youth from their community in, it’s an opportunity to teach them skills they can use both within their manufacturing firm and beyond while also helping to reduce the unemployment rate locally.

GE Sees Strong U.S. Economy as Profits Rise

October 20, 2014 10:13 am | by Jonathan Fahey, The Associated Press | News | Comments

General Electric Co. posted strong third quarter results, issued an upbeat forecast for the fourth quarter and said U.S. industrial activity is at its highest level since the financial crisis.                 

Can System Integration Improve Your Triple Bottom Line?

October 16, 2014 1:01 pm | by Mark Adair | Articles | Comments

The triple bottom line is a term that was coined in the 90’s. In a nutshell, there are three accounts to the triple bottom line (TBL) — People, Planet and Profit. The conventional wisdom is that a combination of these three components leads to a successful company that retains employees, partners and clients.

AbbVie Sours on Shire Deal After Tax Changes

October 16, 2014 11:59 am | by The Associated Press | News | Comments

AbbVie's board is telling shareholders to vote against its own $55 billion takeover bid for the Irish drugmaker Shire after the U.S. made reincorporating overseas a less lucrative tax maneuver.                 

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AAM: It's Time for Action on China's Exchange Rate

October 16, 2014 11:23 am | by The Alliance for American Manufacturing | News | Comments

The Alliance for American Manufacturing address their concerns with the Exchange Rate Policies released by the Treasury and currency manipulation this week.                                   

Elon Musk On Tesla's Auto Pilot and Legal Liability

October 15, 2014 12:48 pm | by Bloomberg News | Videos | Comments

Elon Musk, CEO of Tesla Motors Inc., discusses Tesla's "auto-pilot" feature, autonomous driving, government regulations and legal liability.                               

MAPI: Lifting Oil Exports Ban Would Boost U.S. Manufacturing

October 15, 2014 9:37 am | by Manufacturers Alliance for Productivity and Innovation (MAPI) | News | Comments

The manufacturing sector, already a leading component of the U.S. economy, would benefit significantly if the crude oil ban were lifted, according to a new study.                          

Ferrari Debuts F60 America Supercar

October 14, 2014 1:59 pm | by USA Today | Videos | Comments

Ferrari celebrated 60 years of car sales in the United States this week. Chris Woodyard talks to Nicola Boari about the Ferrari F60 America, which was made specifically for this occasion.                  

McDonald's Invites Questions About its Food

October 14, 2014 10:11 am | by Candice Choi, The Associated Press | News | Comments

The world's biggest hamburger chain is confronting unappetizing questions as part of a U.S. campaign to beat back perceptions that it serves Frankenfood.                            

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More Than 200 Craft Brewers Dramatically Reduce Carbon Footprint

October 10, 2014 12:21 pm | by MicroStar Logistics | News | Comments

By sharing a pool of kegs rather than owning their own, over 200 leading craft brewers helped reduce their collective carbon footprint by over 3 million kg of CO2e in 2013.                       

October 2014: Beyond Lean

October 10, 2014 11:31 am | Digital Editions | Comments

In this issue of IMPO, we take you inside Worksman Cycles, provide tips to keep your equipment properly maintained and running smoothly and examine a series of case studies on the role of system integration in "People, Planet, and Profit."  

Banning Plastic Bags May Be Bad Science

October 9, 2014 11:55 am | by Chris Fox, Manufacturing.net, Editor | Blogs | Comments

My first instinct on a plastic bag ban was of warm, fuzzy, do-gooding feelings for the Earth, and I wasn’t alone. I think most of us would agree that the feeling of environmentalism is nice, until some other facts set in.         

Survey: Urgency Grows To Embrace Big Data To Advance Industrial Internet

October 9, 2014 9:54 am | by GE & Accenture | News | Comments

A new global study, “Industrial Internet Insights for 2015,” from GE and Accenture, reveals there is a growing urgency for organizations to embrace big data analytics to advance their Industrial Internet strategy.            

Beyond Lean: Adding Intelligence to Unlock the Power of Smart Pull

October 6, 2014 9:38 am | by Fred Thomas | Articles | Comments

A Fourth Industrial Revolution is upon us, characterized by “smart devices," which are part of an “Internet of Things” that can actually direct machines on the shop floor by communicating autonomously “device-to-device” to manage manufacturing operations and distribution.

Pepsi's True Move To E-Commerce

October 2, 2014 5:29 pm | by USA Today | Videos | Comments

Pepsi is launching a new line of naturally sweetened soda, exclusively through Amazon — a big move in an industry that has lagged in e-commerce.                               

Top 5 Ways Virtualization Will Improve Lifecycle Management

September 30, 2014 1:17 pm | by Manufacturing Business Technology | Videos | Comments

Here are the top five capabilities virtualization can enable over the extended lifecycles of MES.                                           

6 Things You Need To Know About STEM

September 26, 2014 11:59 am | by CNN Money | Videos | Comments

STEM — the acronym for science, technology, engineering and math — has sparked a nationwide debate about education, gender, immigration and the future of the U.S. economy. Here are six things you need to know about STEM.       

Best Practices for Bearing Protection

September 26, 2014 9:22 am | by Adam Willwerth | Articles | Comments

Perhaps someday all motors will be built so well that there will be no more electrical bearing damage. Until that day comes, motor repair shops will continue to replace bearings eroded by voltages induced by variable frequency drives (VFDs, commonly known as inverters).

Getting More Entrenched in Your Supply Chain is a Few Clicks Away

September 24, 2014 2:01 pm | by Steve Leavitt | Articles | Comments

If you feel stuck, even just a little bit, you’re probably behind the innovation curve. Good news, this article is for you. Because the secret to getting unstuck — or becoming more entrenched in your supply chain — is only a few clicks away. The secret is information.

Group Dynamic

September 22, 2014 4:50 pm | by Jeff Reinke, Editorial Director - @JeffReinkeABM | Articles | Comments

A combination of over-use and under-appreciation can relegate terms like vision and innovation to the realm of cliché. However, those words ring much clearer when presented against a backdrop of time-tested approaches that repeatedly drive growth and produce positive results. Such is the case with Evansville, IN-based ORG CHEM Group.

Change: A CEO's Job in the 21st Century

September 18, 2014 1:44 pm | by Brian Kennell, President and CEO, Tetra Pak, Inc. | Articles | Comments

The realities of doing business right now is that the marketplace is changing with breakneck speed and becoming exponentially more complex, diverse and more unpredictable than ever before.That's why a successful company needs to deploy appropriate strategies for proactively driving change and sustainable growth.

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