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Daily industrial news and top headlines for plant and maintenance managers

Chinese Factories Face New Challenge As Growth Slows

April 17, 2014 2:05 pm | by The Associated Press | News | Comments

As China's growth inexorably slows, manufacturers such as Linan Meite Cable are discovering that being an efficient low cost producer is no longer enough to prosper.                         

Alfa Romeo Returning To U.S. Market In June

April 17, 2014 2:03 pm | by The Associated Press | News | Comments

After a nearly 20-year absence, Italian car maker Alfa Romeo is returning to the U.S. market.                                              

Strike At Sneaker Factory Snowballs To 30,000

April 17, 2014 9:45 am | by Didi Tang, Associated Press | News | Comments

A strike at the Chinese factories of the world's biggest athletic shoe maker snowballed Thursday to about 30,000 workers, making it one of the largest-ever work stoppages at a private business in China.              

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U.S. Won't Name China A Currency Manipulator

April 16, 2014 9:57 am | by Marcy Gordon, AP Business Writer | News | Comments

The Obama administration is raising concern about the value of China's currency but is declining, as in recent years, to accuse Beijing of manipulating it.                            

Japan Mulls Reducing Corporate R&D Tax Breaks

April 15, 2014 10:10 am | by The Associated Press | News | Comments

The government is considering reducing tax breaks for corporate research and development if the corporate income tax rate is cut as sought by Prime Minister Shinzo Abe.                        

Report Says Glaxo Bribed Doctors In Poland

April 14, 2014 1:02 pm | by The Associated Press | News | Comments

The BBC reports that pharmaceutical company GlaxoSmithKline is accused of bribing doctors to prescribe medicines in Poland.                                     

Bhopal: Coming To A Theater Near You

April 14, 2014 10:01 am | by Joel Hans, Managing Editor, Manufacturing.net | Blogs | Comments

There are two ways one can look at this film. First is that it’s a remarkable opportunity to instruct people around the world about an event that isn’t well-known. The second is that it’s exploitative and simply wrong on the facts, whatever those may be.

Politics Test Silicon Valley's Ties To Russia

April 14, 2014 9:09 am | by Martha Mendoza, AP National Writer | News | Comments

Entrepreneurs and investors say Silicon Valley's fast-growing financial ties with Russia's tech sector are being slowed down by current political tensions between the White House and the Kremlin.                 

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Peugeot Boss Targets Return To Profit By 2018

April 14, 2014 8:55 am | by The Associated Press | News | Comments

Loss-making French carmaker PSA Peugeot Citroen says it aims to return to profitability by 2018 by reducing the number of models and relying on its recent rescue by Chinese investors and the French state.             

What To Look For When Considering Mexico

April 9, 2014 2:11 pm | by Doug Donahue, Vice President, Entrada Group | Articles | Comments

Approaches and locations for companies in Mexico differ, but a common theme unites them: Growth prospects.                                          

Defendant: Food Poisoning Was Easy Under Loose Security

April 9, 2014 2:10 pm | by The Associated Press | News | Comments

A man who was indicted earlier this year for lacing frozen food products with pesticide at a factory in Gunma Prefecture, north of Tokyo, says he had no trouble doing so because of loose security.                 

Toyota Recalling 6.4M Vehicles

April 9, 2014 9:19 am | by Yuri Kageyama, AP Business Writer | News | Comments

Toyota Motor Corp. is recalling 6.39 million vehicles globally for a variety of problems spanning nearly 30 models in Japan, the U.S., Europe, and other places.                          

April 2014: Real Time Visibility

April 8, 2014 12:06 pm | Digital Editions | Comments

In this issue of IMPO, we recap MODEX 2014, discuss how creating a nimble production environment requires up-to-the-minute information, and learn how the latest technology can improve the ROI of predictive maintenance. 

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China OKs Nokia-Microsoft Deal

April 8, 2014 10:01 am | by The Associated Press | News | Comments

Nokia has received regulatory approval from Chinese authorities to sell its mobile phone unit to Microsoft Corp., removing one of the last major hurdles to the $7.3 billion deal.                     

Boeing: U.S. OKs Sale Of Plane Parts To Iran

April 7, 2014 1:29 pm | by The Associated Press | News | Comments

Boeing Co. said Friday that it received U.S. government approval to export certain spare parts for commercial airplanes to Iran.                                    

Will Textiles Manufacturing Survive In America?

April 7, 2014 1:25 pm | by Anna Wells, Executive Editor, @IndustrialAnna | Blogs | Comments

In the latest loss for the American textiles industry, Fruit of the Loom has announced its plans to close its plant in Jamestown, KY. Work at the facility will be moved to Honduras in an effort to cut costs.               

How Much Has The Flight 370 Search Cost?

April 7, 2014 9:41 am | by Leon Drouin-Keith, Associated Press | News | Comments

It's not a question most governments involved in the hunt for the Malaysia Airlines Flight 370 care to answer: How much has the far-flung, month-long search cost?                          

Heineken Investing $100M In Haiti Brewery

April 7, 2014 9:17 am | by Trenton Daniel, Associated Press | News | Comments

The relatively large investment is significant because many international companies have been reluctant to spend money in Haiti because of a business climate hampered by red tape, allegations of corruption, and a flimsy infrastructure.       

Nissan Supplier Creates Manufacturing Jobs

April 4, 2014 2:23 pm | by Jenny Waddington, Coventry Evening Telegraph | News | Comments

German car company Brose, which has UK headquarters, has vowed to increase its workforce from nearly 500 to 800 after securing a massive contract win.                           

GM Taking $400M Charge For Venezuelan Currency

April 4, 2014 2:18 pm | by The Associated Press | News | Comments

General Motors Co. says it will take a charge of $400 million pretax in the first quarter because of a change in the way it values Venezuela's currency.                            

Philip Morris Ending Cigarette Production In Netherlands

April 4, 2014 1:49 pm | by The Associated Press | News | Comments

Philip Morris International will end cigarette production at its factory in the Netherlands as Europeans break the smoking habit for both financial and health reasons.                        

Reshoring And Revitalizing The American Supply Chain Network

April 4, 2014 10:02 am | by Frank Russo, Chief Executive Officer, Fabricating.com | Articles | Comments

Many past decisions to offshore manufacturing were based on price alone. Today, manufacturers are looking at more than just price when considering sourcing decisions and production locations.                 

Old Habits Embarrass Samsung, LG Abroad

April 3, 2014 1:59 pm | by Youkyung Lee, AP Technology Writer | News | Comments

How could an international company that wants to be seen as an innovator and spends more than $11 billion a year on advertising and promotions so badly misjudge its audience?                       

U.S. Trade Deficit Hits $42.3B

April 3, 2014 1:55 pm | by The Associated Press | News | Comments

The U.S. trade deficit climbed to the highest level in five months in February as demand for American exports fell while imports increased slightly.                             

Wave Of Suicides Caused By Work Culture?

April 3, 2014 9:51 am | by CNNMoney | Videos | Comments

Orange France has seen a second slew of worker suicides in the last decade. Some that work there say the stress of privatizing the telecom company has been overwhelming.                       

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