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Daily industrial news and top headlines for plant and maintenance managers

P&G Divests Camay, Zest as Brand Streamlining Continues

December 22, 2014 12:23 pm | by Business Wire | News | Comments

Unilever gobbled up the two soap brands for an undisclosed amount. A transfer of a manufacturing facility in Mexico is also part of the deal.                  

Obama: 2014 A 'Breakthrough Year'

December 22, 2014 11:58 am | by Julie Pace, AP White House Correspondent | News | Comments

Obama ticked off the year's improvements, citing lower unemployment, a rising number of Americans covered by health insurance and a historic diplomatic opening with Cuba, as well as his executive action on climate change.     

Businesses View Cuba's Prospects as Experts Caution: Be Patient

December 22, 2014 10:38 am | by Paul Wiseman, AP Economics Writer | News | Comments

A full lifting of the U.S. trade embargo could benefit, among others, U.S. farmers, auto and tractor makers, airline and hotel companies and telecom equipment makers, but it will likely be a long process to build the proper infrastructure in Cuba.

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Chrysler Gives in to Gov't, Expands Air Bag Recall

December 22, 2014 10:16 am | by Tom Krisher, AP Auto Writer | News | Comments

After resisting for nearly a month, Chrysler has bowed to government demands and will expand a recall of driver's side air bag inflators across the nation.                

Honda Takes Takata Air Bag Recall to Japan

December 22, 2014 9:56 am | by The Associated Press | News | Comments

While there have been major recalls in the U.S. over Takata's airbags, Honda's investigative recall in Okinawa is the first of its kind in Japan.                  

Japan: Recall System Overhaul Needed for Global Auto Woes

December 5, 2014 1:54 pm | by Yuri Kageyama, The Associated Press | News | Comments

The top Japanese auto safety official acknowledged Friday that Japan's recall system needs an overhaul to better respond to global problems highlighted by the debacle over Takata air bags that can explode.             

Germany To Require 30 Percent Women on Company Boards

November 26, 2014 11:49 am | by The Associated Press | News | Comments

Germany's leading companies will need to have at least 30 percent women on their supervisory boards from 2016, according to a new directive being adopted by the government, Chancellor Angela Merkel said Wednesday.           

India Launches New 'Make in India' Campaign to Boost Manufacturing

September 25, 2014 2:06 pm | by Katy Daigle, The Associated Press | News | Comments

Prime Minister Narendra Modi launched a campaign — "Make in India" — to entice investment and promote the country as the world's next cheap labor economy.                           

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Hardinge To Acquire Voumar

September 10, 2014 9:27 am | by Hardinge Inc | News | Comments

Hardinge Inc., a leading international provider of advanced metal-cutting solutions and accessories, announced that it has entered into an agreement to acquire the assets of the Voumard Internal Diameter (ID) Grinding Business.     

Want Lower Gas Prices? Ship More Oil Abroad

September 9, 2014 2:36 pm | by Jonathan Fahey, The Associated Press | News | Comments

Exporting more U.S. oil around the world would lower the price of gasoline for U.S. drivers and benefit the nation's economy, according to a new study.                             

McDonald's Sales Metric Hurt by China Scandal

September 9, 2014 1:13 pm | by The Associated Press | News | Comments

McDonald's said that a key global sales figure fell 3.7 percent in August due to a food-safety scandal in China.                                       

China's Exports Rise to 9.4 Percent, Imports Shrink

September 8, 2014 10:22 am | by The Associated Press | News | Comments

China's export growth eased in August while imports shrank for the second month in a row.                                              

Electrolux To Buy GE Appliances in $3.3B Deal

September 8, 2014 9:11 am | by Karl Ritter, The Associated Press | News | Comments

Sweden's Electrolux is buying the appliances business of General Electric for $3.3 billion and boosting its presence on the North American market.                             

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South Korea's Kia To Invest $1B in Mexico

August 28, 2014 1:26 pm | by The Associated Press | News | Comments

South Korea's Kia Motors Corp. says it will invest more than $1 billion to build a car factory in northern Mexico.                                       

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.                                       

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.             

Boeing Gets $8.8B Airplane Order

August 25, 2014 2:20 pm | by The Associated Press | News | Comments

Boeing said Monday that BOC Aviation, an aircraft leasing company based in Singapore, is ordering 82 airplanes for a total of $8.8 billion.                                 

Whisky's Worries Mirror Economic Fears in Scotland

August 25, 2014 9:47 am | by Martin Benedyk and Danica Kirka, Associated Press | News | Comments

Whisky makers and many other businesses are worried about the risks involved in finding themselves overnight in a new country with, among other things, a different currency.                      

The Alfa Romeo 4C Heads to the U.S.

August 22, 2014 11:33 am | by USA Today | Videos | Comments

It's been 19 years since an Alfa Romeo has been marketed in the United States. Now that the Alfa Romeo 4C is state-side, Chris Woodyard gives it a drive.                            

Coal Gas Boom in China Holds Climate Change Risks

August 22, 2014 9:34 am | by Jack Chang, Associated Press | News | Comments

The coal-to-gas plants are part of a controversial energy revolution China hopes will help it churn out desperately needed natural gas and electricity while cleaning up the toxic skies above the country's eastern cities.         

Growth in China's Manufacturing Weakens in August

August 21, 2014 9:33 am | by Kelvin Chan, AP Business Writer | News | Comments

Growth in China's vast manufacturing industry weakened in August, suggesting that the recovery in the world's No. 2 economy is losing momentum and Beijing may need to spoon out more stimulus.                  

Report Compares Food Traceability Regulations of 21 Countries

August 20, 2014 2:11 pm | by Institute of Food Technologists | News | Comments

A new report evaluates the traceability regulations and requirements of 21 countries, including the U.S., Canada and the EU among others.                                 

China Fines 12 Japanese Firms in Auto Price Probe

August 20, 2014 9:39 am | by Joe McDonald, AP Business Writer | News | Comments

China announced Wednesday it will fine 12 Japanese auto parts suppliers a total of $202 million for colluding to raise prices in an unfolding anti-monopoly probe of the country's auto industry.                 

How 1 U.S. Factory Owner Fought Cheap Imports

August 19, 2014 1:33 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Much of U.S. manufacturing has been decimated in the past decade by less expensive imports from China, but it didn't necessarily have to be that way, according to a compelling new book by journalist Beth Macy.           

New Listeria Death Linked to Tainted Meat

August 19, 2014 9:46 am | by The Associated Press | News | Comments

Danish health officials say a listeria outbreak caused by contaminated meat may have killed an 11th person.                                          

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