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Daily industrial news and top headlines for plant and maintenance managers

China: It's Up To U.S. To Drive Global Economy

July 9, 2014 1:20 pm | by Louise Watt, Associated Press | News | Comments

China's finance minister said Wednesday that the country is not planning any new stimulus measures and it is up to the United States to drive the global economy.                          

EU Fines Drug Makers $580M

July 9, 2014 9:56 am | by The Associated Press | News | Comments

The European Union's antitrust body is imposing a fine of 428 million euros ($580 million) on France's pharmaceutical company Servier and five producers of generic medicines for distorting competition.              

Chinese Auto Sales Cool in June

July 9, 2014 9:54 am | by Kelvin Chan, AP Business Writer | News | Comments

Car sales in China cooled in June, with domestic brands falling further behind their foreign rivals in the world's biggest auto market, an industry group reported Wednesday.                      

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Boeing Gets $56B Emirates Airline Order

July 9, 2014 9:52 am | by The Associated Press | News | Comments

Boeing has finalized a $56 billion agreement to build 150 777X aircraft for Dubai's Emirates Airline. The order's value is based on list prices, which can vary greatly after negotiations.                  

Fighting for American Jobs

July 8, 2014 2:11 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Blogs | Comments

With the U.S. steel market being flooded with imports of pipe from South Korea and other nations, state-side manufacturers are being forced to idle or shutdown factories, putting at risk nearly 600,000 American jobs.         

Walmart’s First-Ever “Made in the USA” Open Call for Suppliers

July 8, 2014 1:39 pm | News | Comments

For the first time ever, Walmart is opening its doors to more than 500 manufacturers today at its world headquarters during the company’s first-ever “Made in the USA” open call.                      

5 Factors That Helped the U.S. Economy

July 8, 2014 9:52 am | by Paul Wiseman, AP Economics Writer | News | Comments

How does the U.S. economy do it? Europe is floundering. China faces slower growth. Japan is struggling to sustain tentative gains. Here are five reasons the United States is outpacing other major economies.             

Robbers Raid Samsung Plant in Brazil

July 8, 2014 9:39 am | by Adriana Gomez Licon, Associated Press | News | Comments

Thieves raided a Samsung electronics factory in Brazil during the night shift early Monday, subdued workers and guards, and made off with at least $6 million worth of cellphones and computers.                 

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Heineken's CEO on Brews, Branding

July 7, 2014 1:39 pm | by USA Today | Videos | Comments

Heineken USA CEO Dolf van den Brink shares insights on beer-consumption trends and discusses marketing plans for Heineken, Dos Equis and Newcastle Brown Ale.                           

WTO Appellate Body Issues Mixed Ruling in U.S.-China Dispute

July 7, 2014 1:31 pm | by The Associated Press | News | Comments

An appeals body of the World Trade Organization has decided it lacked enough information to uphold China's objections to a U.S. law meant to help American companies that face unfair foreign competition.             

Steel Pipe Imports Put American Jobs at Risk

July 7, 2014 9:44 am | by John D. Oravecz, Pittsburgh Tribune-Review | News | Comments

Nearly 600,000 American jobs, including 35,300 in Pennsylvania, could be at risk from surging imports, according to a recent study by the Economic Policy Institute, a Washington think tank that focuses on the needs of low- and middle-income workers.

Germany's Merkel Slams Industrial Spying During China Visit

July 7, 2014 9:37 am | by The Associated Press | News | Comments

German Chancellor Angela Merkel criticized industrial spying Monday while on a visit to China, which Germany and other governments have cited as a global center for economic espionage.                    

Backlash Stirs Against Foreign Worker Visas

July 7, 2014 9:31 am | by Laura Wides-Munoz and Paul Wiseman, Associated Press | News | Comments

Amid calls for expanding the nation's so-called H-1B visa program, there is growing pushback from Americans who argue the program has been hijacked by staffing companies that import cheaper, lower-level workers to replace more expensive U.S. employees.

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Last Cigar Factory in Tampa Fights for Survival

July 2, 2014 12:31 pm | by The Associated Press | News | Comments

There used to be more than 150 cigar factories here, but that was a long time ago. The U.S. trade restrictions with Cuba caused some to close. Changing public attitudes about tobacco caused others to lock their doors for good.       

Philippines To Get First New Fighter Jets Next Year

July 2, 2014 10:16 am | by The Associated Press | News | Comments

The Philippine president said Tuesday his country's ill-equipped military will receive its first new fighter jets in nearly a decade next year to help defend the country's territory.                   

Cuban Car Buyers Have Sticker Shock

July 1, 2014 4:10 pm | by Andrea Rodriguez, Associated Press | News | Comments

A new Peugeot family car that listed for $262,000 in Havana would cost $53,000 in the United Kingdom, for example, while a compact Kia Rio hatchback that starts at $13,600 in the United States was on offer for $42,000 in Cuba.        

Taking Engineering Services Outsourcing to the Next Level

July 1, 2014 1:58 pm | by Kamakshya Prusti | Blogs | Comments

Systematic offloading of engineering services delivers dual benefits. It ensures seamless transition to higher value added service and locks up the cost advantages emanating from an outsourcing program for a longer period of time.         

Samsung: Audit Finds Labor Violations at Chinese Suppliers

July 1, 2014 9:45 am | by Youkyung Lee, AP Technology Writer | News | Comments

Samsung said Tuesday an external audit found labor violations at dozens of its suppliers in China including failure to provide safety gear and excessive working hours.                        

Auto Production Sets New Record, Fleet Surpasses 1 Billion Mark

June 26, 2014 2:12 pm | by Worldwatch Institute | News | Comments

Five countries account for the production of 60 percent of all light vehicles worldwide. China produced a stunning 20.9 million vehicles in 2013.                                

NSA Fears Prompt Germany To End Verizon Contract

June 26, 2014 1:46 pm | by The Associated Press | News | Comments

The German government is ending a contract with Verizon over fears the company could be letting U.S. intelligence agencies eavesdrop on sensitive communications, officials said Thursday.                   

Ruling Might Help U.S. Become Major Oil Exporter

June 26, 2014 10:04 am | by Jonathan Fahey and Dina Cappiello, Associated Press | News | Comments

Companies are taking advantage of new ways to export oil from the U.S. despite government restrictions, and in the process helping the U.S. become an ever bigger exporter of petroleum on the world stage.             

U.S.: China's Behavior Hurts International Standing

June 26, 2014 9:38 am | by The Associated Press | News | Comments

A senior U.S. official says China's coercive efforts to enforce its territorial claims in disputed waters are not just raising tensions but damaging its international standing.                     

Boeing 777-300ER Expected To Become New Japanese Gov't Planes

June 25, 2014 9:52 am | by The Associated Press | News | Comments

Japan is likely to adopt the Boeing 777-300ER as its new government aircraft to be used for overseas trips by the prime minister and imperial family members, government sources said Wednesday.                 

Japan Aims To Restore Cutting Edge

June 24, 2014 11:47 am | by Elaine Kurtenbach, Associated Press | News | Comments

Japanese Prime Minister Shinzo Abe formally announced Tuesday an outline of his long-awaited growth strategy, a slew of reforms meant to revitalize the economy and restore its global competitiveness.               

Big Tobacco Snubs Indonesia Health Warning Law

June 24, 2014 9:51 am | by Margie Mason, AP Medical Writer | News | Comments

Tobacco companies have largely snubbed an Indonesian law requiring them to put graphic health warnings on all cigarette packs, in another setback for anti-smoking efforts in a country that's home to the world's highest rate of male smokers and a wild, wild west of advertising.

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