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Daily industrial news and top headlines for plant and maintenance managers

Court Ruling Could Cost BP Added $18B

September 4, 2014 2:17 pm | by Jonathan Fahey, AP Energy Writer | News | Comments

BP shares slumped 5 percent after a judge ruled that the oil giant's reckless conduct led to the worst U.S. offshore oil spill, a decision that could cost BP an additional $17.6 billion.           

Apple Supplier Accused Of Violations

September 4, 2014 2:15 pm | by Joe McDonald, AP Business Writer | News | Comments

An Apple supplier in China is violating safety and pay rules despite the computer giant's promises to improve conditions, two activist groups said Thursday, ahead of the expected release of the iPhone 6.        

How Manufacturers Are Adapting To Trends For The Urban Car

September 3, 2014 4:23 pm | by Chris Needes, Global Market Manager, Saint-Gobain | News | Comments

Much of the talk in the automotive industry in recent years has been about the rise of the urban car. Growing demand from consumers for these lightweight vehicles has been reported. As a result, car manufacturers worldwide are developing their own urban car models to tap into this burgeoning market. 

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Why American Manufacturing is Vital to Future Prosperity

September 2, 2014 1:28 pm | by Hillary Schaub and Darrell M. West, Brookings | Blogs | Comments

Manufacturing hubs are not only important for the success of the manufacturing sector, but will benefit local communities, U.S. competitiveness, and security.                           

Some Fear The Auto Industry is Returning to Bad Habits

September 2, 2014 12:15 pm | by Tom Krisher, The Associated Press Auto Writer | News | Comments

As the auto industry strives to sustain its post-recession comeback, car companies are resorting to tactics that some experts warn will lead to trouble down the road.                        

North Carolina offers $100M for Toyota

September 2, 2014 10:16 am | by Emery P. Dalesio, The Associated Press Business Writer | News | Comments

North Carolina business recruiters offered Toyota more than $100 million in incentives for the world's largest car maker to move its North American headquarters to Charlotte rather than a Dallas suburb.             

Tesla Motors Dealing as States Play Factory Poker

September 2, 2014 10:09 am | by Justin Pritchard, The Associated Press | News | Comments

Through a series of unusual plays, Tesla has five states bidding up subsidy packages to land the coveted plant. The winner is expected to offer the luxury car-maker publicly financed incentives exceeding a half-billion dollars.        

MAPI Addresses Challenges Ahead for Global Manufacturing

August 28, 2014 3:30 pm | by MAPI Media | Videos | Comments

MAPI (Manufacturers Alliance for Productivity and Innovation) Foundation economists offer insights and manufacturing forecasts for key global regions - United States, Eurozone, China, India, and Latin America - in this roundtable. 

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MIT: Cutting Emissions Pays for Itself

August 28, 2014 1:54 pm | by MIT | News | Comments

Just how large are the health benefits of cleaner air in comparison to the costs of reducing carbon emissions? Researchers looked at three policies achieving the same reductions in the U.S., and found that the savings on health care spending and other costs related to illness can be big — in some cases, more than 10 times the cost of policy implementation.

Find the Value of Traceability In Manufacturing

August 28, 2014 12:18 pm | by Brady Corporation | Articles | Comments

Being able to track a part, product or component through a manufacturing process can go a long way in preventing defects, recalls, product returns and combating counterfeit components.                   

4 Factors Driving the Emergence of Digital Manufacturing

August 28, 2014 11:55 am | by Maria Montenegro, Verizon Enterprise Solutions | Blogs | Comments

With an empowered consumer base now dictating supply and demand, accelerated time to market pressures, intense global competition and the continual rise of the Internet and mobile economies, manufacturers need to be able to make production decisions by leveraging the latest supply chain information at their fingertips. 

Volvo Finally Goes Domestic in China

August 27, 2014 2:47 pm | by Chris Fox, Editor, Manufacturing.net | News | Comments

Volvo is hitting the Chinese market for the first time with its first vehicle to be rid of Ford tech, the XC90.                                       

The Future Of Plastics Manufacturing in The U.S.

August 27, 2014 1:51 pm | by Steve Erickson, VP of Sales & Engineering, First American Plastic | Articles | Comments

The future of plastic manufacturing in the United States is far from certain, but many trends are beginning to take shape.                                     

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Minneapolis Company Spends $350M on Another European Deal

August 27, 2014 9:55 am | by Tom Murphy, The Associated Press Business Writer | News | Comments

U.S. medical device maker Medtronic is building stronger ties to Europe, a couple months after announcing a $42.9 billion acquisition that involves moving its main executive offices across the Atlantic.             

Ford To Unveil New Hybrid Cars In 2018

August 26, 2014 3:22 pm | by USA Today | Videos | Comments

Ford plans to introduce a new hybrid gasoline-electric car in late 2018. The model will be compact and is a dedicated hybrid - unlike the current Fusion - in the hopes to take on Toyota's best-selling hybrid, the Prius.         

Dynergy To Spend $6.25B on Power Plant Acquisition

August 22, 2014 11:30 am | by The Associated Press | News | Comments

Dynegy plans to spend more than $6 billion to buy several coal and gas power generation plants from Duke Energy and Energy Capital Partners.                                

McDonald's Names New U.S. President, Again

August 22, 2014 11:26 am | by Candace Choi, AP Food Industry Writer | News | Comments

On Friday McDonald's named a new president for its flagship U.S. division, marking the second change in the high-profile spot in less than two years.                              

4 Factors Driving the Emergence of Digital Manufacturing

August 21, 2014 2:22 pm | by Maria Montenegro, Verizon Enterprise Solutions | Blogs | Comments

The powerhouse combination of mobility, cloud computing, security and predictive analytics is becoming the ‘holy grail’ across the manufacturing industry.                           

The Factory of the Future Will Be Shaped by the Internet of Things

August 20, 2014 1:44 pm | by Andrew Dugenske and Alain Louchez, Georgia Institute of Technology | Articles | Comments

In a not-too-distant future, manufacturing will be expected to incorporate “intelligence readiness” in all products as society will progressively be relying on an IoT-supported infrastructure.                 

Google's IPO Launched a Decade of Big Bets

August 19, 2014 1:40 pm | by Michael Liedtke, AP Technology Writer | News | Comments

Google's IPO, a decade ago this week, launched the company on a trajectory that continues to reshape its business and much of the world in its orbit.                              

Survey: One in Five Manufacturers Have Lost IP to Security Breaches

August 18, 2014 11:58 am | by Kaspersky Lab | News | Comments

According to a survey of businesses IT managers worldwide, 21 percent of manufacturers suffered a loss of intellectual property (IP) within the past year.                           

Ingersoll-Rand To Buy Cameron Unit for $850M

August 18, 2014 9:39 am | by The Associated Press | News | Comments

Ingersoll-Rand PLC said Monday that it has agreed to buy the centrifugal compression business from Cameron International Corp. for $850 million, as it looks to grow its compression business.                  

August: Contract Manufacturing

August 15, 2014 10:30 am | Digital Editions | Comments

In this issue of IMPO, we take you inside the KEEN utility boot factory, get tips on choosing the right contract manufacturer and help you pick the right abrasive.   

IP Theft Bites Back in China...Will it Lead to Change?

August 14, 2014 9:57 am | by Anna Wells, Executive Editor - @IndustrialAnna | Blogs | Comments

In China, incomes are on the rise, and a clear middle class is emerging, meaning Chinese manufacturers are finding a domestic customer base they didn’t have in the past. Perhaps the days of producing only for export are behind them.      

GE & Pivotal Pioneer New Approach to Industrial Data

August 12, 2014 9:45 am | by GE Reports | News | Comments

GE and Pivotal said they built the first industrial-scale “data lake” system that could supercharge how companies store, manage and glean insight from information harvested from machines connected to the Industrial Internet.       

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