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Daily industrial news and top headlines for plant and maintenance managers

5 Quick Questions: BRIC Deceleration

September 30, 2013 8:02 am | by Jeff Reinke, Editorial Director | Articles | Comments

A closer look at the factors contributing to slowing growth rates in Brazil, Russia, India and China offers insight on the next collection of emerging markets, as well as the established economies picking up the pace. For quite some time the subset of countries known as the BRICs have been the primary targets of U.S. manufacturers looking for either less expensive production settings or a new market in which to grow.

Toyota To Export Corollas To Latin America In 2014

September 26, 2013 2:19 pm | by The Associated Press | News | Comments

Toyota says it will begin sending U.S.-built Corolla sedans to 18 countries in Latin America and the Caribbean starting next year. The world's biggest car maker said Thursday that production of the U.S.-built vehicles is set to start at its Tupelo, Miss., plant in April 2014. 

Bangladesh Factories Shut Amid Workers' Protests

September 25, 2013 10:13 am | by Julhas Alam, Associated Press | News | Comments

Police in Bangladesh used batons, rubber bullets and tear gas Wednesday to stop ongoing protests by garment workers demanding higher wages, while factory owners feared they may miss shipments to the United States and Europe. The fifth day of protests in two industrial districts near Dhaka, the capital, forced authorities to close more than 100 factories for the day, police and news reports said.

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FTA To Strengthen 'Buy America' Program

September 25, 2013 9:59 am | by U.S. Department of Transportation | News | Comments

The U.S. Department of Transportation’s Federal Transit Administration announced a new Interagency Agreement with the U.S. Department of Commerce’s NIST that will make it easier for manufacturers and transit agencies to identify domestically made products, such as steel and iron components that comply with FTA’s “Buy America” rules requiring that at least 60 percent of the components must be manufactured in the United States. 

German Crankshaft Maker To Open MS Plant

September 24, 2013 2:27 pm | by The Associated Press | News | Comments

A German powertrain maker will build its first American factory in Tunica, with plans to invest $140 million and hire 300 people over five years. Feuer Powertrain Gmbh & Co. KG says it hopes to start production by early 2015 at the 156,600 square-foot plant it will build. Feuer will make forged crankshafts for cars, trucks and heavy equipment.

EMO Hannover 2013: More Visitors, More Business, More Power

September 24, 2013 12:12 pm | by EMO Hannover | News | Comments

EMO Hannover 2013 – the leading international trade fair for the machine tool industry – came to a successful close on Saturday 21, September 2014. From September 16 to 21, more than 2,100 exhibitors from 43 different countries were on hand in Hannover to showcase their innovations to industrial users from around the world under, Intelligence in Production, the event’s keynote theme.

Survey: China Manufacturing At 6-Month High

September 23, 2013 2:26 pm | by Kelvin Chan, AP Business Writer | News | Comments

China's manufacturing rose to a six-month high in September, in the latest sign that the world's second biggest economy is gradually recovering from a prolonged slowdown. The preliminary version of HSBC's purchasing managers' index released Monday climbed to 51.2 from 50.1 in August on a 100-point scale. Numbers above 50 indicate an expansion in activity.

Japan Isn't Trading Its Way Up

September 23, 2013 12:14 pm | by Reuters TV | Videos | Comments

The latest figures show Japan's exports climbing - so what's got the country's manufacturers feeling worse? Reuters' Yonggi Kang reports on the darker side of the country's trade picture and what exactly it takes to keep Japan's companies happy.

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Long, Strange Trip Ending For VW's Hippie Van

September 23, 2013 10:02 am | by Bradley Brooks, Stan Lehman, Associated Press | News | Comments

It carried hippies through the 1960s, hauled surfers in search of killer waves during endless summers and serves as a workhorse across the developing world, but the long, strange trip of the Volkswagen van is ending. Brazil is the last place in the world still producing the iconic vehicle.

Violence Continues Over Pay Hikes In Bangladesh

September 23, 2013 9:56 am | by Julhas Alam, Associated Press | News | Comments

Police fired rubber bullets and tear gas Monday in the third day of clashes with thousands of garment workers demanding better minimum wages amid escalating tension over the country's main export business. Police said the violence mainly took place in the Gazipur and Savar Industrial zones, just outside the capital of Dhaka. 

Ford To Pump $680M Into Canadian Factory

September 20, 2013 2:15 pm | by The Associated Press | News | Comments

Ford says it will sink 700 million Canadian dollars ($680 million) into an assembly plant near Toronto to add models and meet increased demand for vehicles around the world. The investment will preserve the Oakville, Ontario, plant's 2,800 jobs and expand its manufacturing capability, the company said Thursday.

Japan's Nissan In Sunny Plan For Myanmar

September 20, 2013 2:00 pm | by The Associated Press | News | Comments

Japan's Nissan Motor Co. said Friday it will build a car assembly plant in Myanmar to begin manufacturing the Nissan Sunny compact sedan in 2015. The company said the Myanmar Investment Commission approved its application for the joint venture auto plant with Malaysia's Tan Chong Motors on Aug. 15.

Klein Tools Enters Australian Market, Partnership With Mumme Tools

September 18, 2013 2:41 pm | by Klein Tools | News | Comments

Klein Tools, a top hand tool choice of professional electricians in the United States, today announced its entry into the Australian market through a significant financial investment and strategic partnership with Mumme Tools, Australia’s leading mining tool manufacturer.

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Terra Motors Looks To Restart Japan's Entrepreneurial Engine

September 18, 2013 2:29 pm | by Japan, entrepreneur, start-up, renaissance, CEO, Terra, motorcycle, electric | Videos | Comments

Japan was one a country of innovative entrepreneurs who turned 'made in Japan' into a synonym of quality and advanced technology. The CEO of Japan's leading electric motorcycle maker speaks to Reuters' Yonggi Kang about its international expansion drive, and why the country's start-up culture may be poised for a renaissance.

Is This Tech CEO The Steve Jobs Of China?

September 18, 2013 2:25 pm | by CNN Money | Videos | Comments

Lei Jun might not be a household name outside of China, but he has turned his company into one of China's most watched brands. Xiaomi founder Lei Jun is running an innovative technology giant in China, but he's quick to point out the differences from Apple. 

Germany: Economic Giant Reluctant To Lead

September 18, 2013 9:54 am | by Geir Moulson, Associated Press | News | Comments

Germany boasts the world's most powerful woman, Europe's most powerful economy and an industrial machine that's the envy of the planet. With all that muscle, it seems natural to assume the mantle of Europe's undisputed leader. But Germany is a reluctant giant — and this Sunday's national elections are unlikely to change that.

Built Ford Tough

September 17, 2013 3:45 pm | by Rachel Leisemann Immel, Associate Editor, IMPO | Articles | Comments

Ford Motor Company is a global automotive industry leader, manufacturing or distributing vehicles across six continents. With 175,000 employees and 65 plants worldwide, the company has leveraged the dedication of its employees and UAW partnership to become more efficient, improve its product cadence, and be a more effective automotive industry competitor than ever before.

European Auto Sales Hit New Low

September 17, 2013 2:21 pm | by David McHugh, AP Business Writer | News | Comments

Car sales in Europe are still sagging despite the return of modest economic growth. For the first eight months of the year, passenger car sales in the European Union were off 5.2 percent to 7.84 million compared with the same period last year, the European Auto Manufacturers' Association said Tuesday. That's the lowest January-August figure since the group started keeping track in 1990.

Survey: Sluggish Global Economic Recovery Ahead

September 17, 2013 2:20 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

A robust recovery for the global economy remains well out of reach. That's the view that emerges from a survey of economists just as the Federal Reserve is expected this week to reduce its stimulus for the U.S. economy. Europe has finally emerged from recession. Japan is growing after two decades of stagnation. And the United States is trudging ahead. 

FDA Halts Drugs From Top Indian Drugmaker's Plant

September 17, 2013 2:18 pm | by Kay Johnson, Matthew Perrone, Associated Press | News | Comments

U.S. health regulators have placed a ban on imported drugs from a factory operated by India's largest pharmaceutical company, Ranbaxy Laboratories, due to manufacturing and quality control problems. The import alert, issued Friday by the Food and Drug Administration, effectively stops imports of 11 drugs from Ranbaxy's Mohali factory in Punjab province. 

South Koreans Back At Reopened Inter-Korea Factory

September 16, 2013 2:14 pm | by Hyung-Jin Kim, Associated Press | News | Comments

North and South Koreans got back to work Monday at a jointly run factory park after a five-month shutdown triggered by rising animosity between the rivals, with some companies quickly resuming production and others getting their equipment ready. South Korean business owners who have lost millions of dollars because of the hiatus say they'll need several months to recover.

Havana Sees New Life For Seedy Industrial Port

September 16, 2013 2:10 pm | by Andrea Rodriguez, Associated Press | News | Comments

Havana's harbor has long been an unsightly jumble of piers left to crumble into piles of rusty, twisted rebar. Its dominant feature is a refinery smokestack across the bay that belches smoke and flame 24 hours a day. But lately demolition crews and towering cranes have been working double-time to finally tear down the ruined docks. 

Can The 308 Hatchback Save Peugeot?

September 13, 2013 2:19 pm | by Sarah DiLorenzo, Associated Press | News | Comments

European carmakers can live and die by their mid-sized hatchbacks. And that category has long been the realm of the Volkswagen Golf. French carmaker Peugeot is hoping to change that with its redesigned 308. Every bit of this car shows the company is gunning for Golf customers: a sleek design, a minimalist interior and the promise of a low-emissions version that would rival VW's.

The Sweeping Transformation Of Manufacturing

September 13, 2013 8:02 am | by Beth Ambaruch, Director Corporate Communications, PTC | Articles | Comments

Whether we like it or not, globalization has been a major factor in the staying power of many manufacturers. The practice of scattering production, jobs and plants across the globe has delivered great benefits to the consumer and the manufacturer. Companies have been able to squeeze as much efficiency as possible from the products they make so that what we desire is affordable and readily available.

How Low-Cost Dacia Accidentally Conquered Europe

September 12, 2013 2:07 pm | by Sarah DiLorenzo, AP Business Writer | News | Comments

The fastest-growing car brand in the European Union was never even supposed to be sold there. Dacia, the Romanian subsidiary of French manufacturer Renault, sells low-cost cars. Really low-cost cars — in some cases, 50 percent cheaper than rival models.

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