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Daily industrial news and top headlines for plant and maintenance managers

Mazda Opens Mexican Plant

February 28, 2014 12:40 pm | by The Associated Press | News | Comments

"This will be the most important production base under the ongoing structural reform in which the fate of the company is at stake," Mazda Chairman Takashi Yamanouchi said Thursday.                  

Ending Currency Manipulation Could Create 5.8M Jobs

February 27, 2014 9:48 am | by Alliance for American Manufacturing (AAM) | News | Comments

The United States could create up to 5.8 million new jobs if it acted to end global currency manipulation, according to a report released today by the Economic Policy Institute (EPI). The study found that every state would see significant job gains within three years, with a major impact on manufacturing job growth.

MAPI: China’s Economic Reforms Offer Both Challenges And Opportunities

February 26, 2014 2:25 pm | by The Manufacturers Alliance for Productivity and Innovation (MAPI) | News | Comments

Despite being comprehensive and ambitious, China’s new economic reform agenda is criticized for being vague and not overwhelmingly innovative. According to a new report, however, what is encouraging this time is that China’s leaders have demonstrated a stronger will to ensure successful implementation.

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EU Lawmakers Back Tough New Anti-Smoking Rules

February 26, 2014 2:01 pm | by Juergen Baetz, Associated Press | News | Comments

The European Parliament on Wednesday voted for tougher anti-smoking rules that will make health warnings on cigarette packs larger and include mandatory pictures of rotting teeth or cancer-infested lungs.              

Airbus Posts Higher 2013 Profit

February 26, 2014 10:05 am | by Greg Keller, Associated Press | News | Comments

European jetmaker Airbus Group said Wednesday record demand for its civilian jetliners from airlines around the world drove higher sales and profits last year. The Boeing Co. rival, known until this year as EADS, said net profit rose 22 percent to 1.47 billion euros ($2 billion) in 2013, up from 1.2 billion euros the previous year.

What's A Bitcoin? A Look At The Digital Currency

February 25, 2014 2:27 pm | by Raphael Satter, Associated Press | News | Comments

Early Tuesday, the world's most established exchange for Bitcoin disappeared from the Internet, sending the price of the virtual currency tumbling and prompting fears that the world's biggest experiment in electronic cash could soon be strangled by fraud or regulation.

Honda Increases North American Manufacturing Footprint

February 25, 2014 10:29 am | by The Association For Manufacturing Technology | News | Comments

The start-up of the Celaya Plant increases Honda's annual automobile production capacity in North America to approximately 1.92 million units. In 2013, more than 90 percent of the Honda and Acura automobiles sold in the U.S. were produced in North America; this is expected to exceed 95 percent when the Celaya plant reaches full capacity.

French Automakers Seek To Catch Up In China

February 25, 2014 10:08 am | by The Associated Press | News | Comments

Their motivation is clear: Europe's auto sales slumped last year to their lowest level since 1995, forcing French brands to join U.S. and European rivals in looking to China to drive revenues. But the timing is awkward.          

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BlackBerry Announces New Phones, Services

February 25, 2014 9:58 am | by Anick Jesdaun, AP Technology Writer | News | Comments

BlackBerry will release a low-cost phone in Indonesia in April and plans a broader release of a phone that restores a beloved row of control keys with a track pad. The Indonesia phone, the Z3, will sell for less than $200 without subsidies, the company said Tuesday.

Black Hawk Helicopter Maker To Eliminate 600 Jobs

February 24, 2014 9:57 am | by The Associated Press | News | Comments

The company that manufactures Black Hawk helicopters said Friday it is eliminating 600 jobs, most of them in Connecticut, as it struggles with cuts to U.S. defense spending and a reduction in the demand for the workhorse aircraft used by the military to strike targets and ferry troops in Iraq and Afghanistan.

Why New-Shoring Is The New School Of Manufacturing Trends

February 24, 2014 9:39 am | by Rich Thomas, Line/Shape/Space | Blogs | Comments

You may get your product faster and cheaper, but manufacturing overseas has its pitfalls. Through a combination of one of the new manufacturing trends, “new-shoring” — creating new jobs closer to home — and smarter international manufacturing practices, small businesses are helping protect their valuable assets.

Bhutan, Nissan Partner On Electric Cars

February 21, 2014 2:22 pm | by Yuri Kageyama, AP Business Writer | News | Comments

The Himalayan kingdom of Bhutan has tapped Nissan Motor Co. to supply electric cars for its taxis and government fleet, hoping to reduce reliance on imported oil. Under the agreement announced Friday, Nissan will supply its Leaf electric car and set up charging stations in Bhutan.

Turkey Receives First Of 4 Surveillance Planes

February 21, 2014 2:11 pm | by The Associated Press | News | Comments

Turkey's military has taken delivery of its first Boeing-made surveillance aircraft, part of a $1.5 billion project to modernize its air force.                                

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Japan Trade Deficit Hits Record $27.4B In January

February 21, 2014 10:08 am | by Elaine Kurtenbach, AP Business Writer | News | Comments

Japan's trade deficit surged to a monthly record of 2.8 trillion yen ($27.4 billion) in January as imports jumped 25 percent, underscoring the challenge the country faces in restoring export-driven growth.              

Mexico To Trump Japan As No. 2 Car Exporter To U.S.

February 21, 2014 9:57 am | by Adriana Gomez Licon, Associated Press | News | Comments

An $800 million Honda plant opening Friday in the central state of Guanajuato will produce about 200,000 Fit hatchbacks a year, helping push total Mexican car exports to the U.S. to 1.7 million in 2014, roughly 200,000 more than Japan, consulting firm IHS Automotive says.

Mexico Feels Energy Buzz With N. America Summit

February 20, 2014 10:03 am | by Katherine Corcoran, Associated Press | News | Comments

The leaders of the three NAFTA nations met Wednesday in Mexico in part to highlight the economic cooperation that has grown since NAFTA joined the U.S., Canada, and Mexico 20 years ago. But all eyes were on one key area that NAFTA didn't touch: energy.

China's Manufacturing Slows To 7-Month Low

February 20, 2014 9:58 am | by The Associated Press | News | Comments

China's economic activity has slowed steadily as the government tries to reduce reliance on investment in industry and infrastructure and encourage more sustainable growth based on domestic consumption.              

Visit Jaguar Land Rover's New Facility

February 20, 2014 9:22 am | by AutoMotoTV | Videos | Comments

Visit Jaguar Land Rover's new manufacturing facility in the United Kingdom. This engine plant will employ 1,500 people, adding 3,500 jobs to the supply chain. They will be producing an engine every 36 seconds in their state-of-the-art facilities.  

Dongfeng, French Gov't To Invest In Peugeot

February 19, 2014 2:47 pm | by Joe McDonald, AP Business Writer | News | Comments

Loss-making French carmaker PSA Peugeot Citroen is getting a 3 billion euro lifeline backed by Chinese investors and the French government in a deal that will see the company's founding family hand over control after more than two centuries at the helm.

Downside Of Low Inflation: A Weaker Global Economy

February 19, 2014 2:37 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

It might be unfathomable to people who still bear scars from the double-digit inflation of the 1970s, but what the global economy could use right now is a dose of higher prices.                      

Report: Offshoring And Outsourcing A Mixed Bag For U.S. Jobs, Wages

February 19, 2014 10:17 am | by UC Berkeley and Massachusetts Institute of Technology (MIT) | News | Comments

Without solid numbers, many have assumed that most of the offshored jobs go to developing countries where workers are paid near-poverty wages in less than ideal working conditions. However, the researchers said public fear that offshoring to lower-cost countries is putting downward pressure on U.S. jobs may be overblown.

Obama, Fellow Dems Are At Odds On Big Trade Bills

February 18, 2014 2:28 pm | by Tom Raum, Associated Press | News | Comments

President Barack Obama wants to put major emerging trade deals with Europe and Asia on a "fast track" to congressional passage. But with midterm elections looming, many fellow Democrats are working to sidetrack them instead.        

Europe At Origin Of Chronic U.S. Execution Dilemma

February 18, 2014 9:55 am | by Juergen Baetz, Associated Press | News | Comments

There's one big reason why the United States has a dearth of execution drugs so acute that some states are considering solutions such as firing squads and gas chambers: Europe won't allow the drugs to be exported because of its fierce hostility to capital punishment.

China City Closes Poultry Markets To Stop Bird Flu

February 18, 2014 9:53 am | by The Associated Press | News | Comments

The closure lasts through Feb. 28 "to strengthen work to control the spread of the H7N9 flu," the city government said in a one-sentence announcement on its microblog account.                      

U.S. Olive Oil Pushing Gov't To Test Imported Oils

February 18, 2014 9:50 am | by Mary Clare Jalonick, Associated Press | News | Comments

It's a pressing matter for the tiny U.S. olive oil industry: American shoppers more often are going for European imports, which are cheaper and viewed as more authentic. And that's pitting U.S. producers against importers of the European oil, with some likening the battle to the California wine industry's struggles to gain acceptance decades ago.

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