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Daily industrial news and top headlines for plant and maintenance managers

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. 

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.                                    

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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.                            

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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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Ford's Russian Venture Is Struggling

April 2, 2014 2:15 pm | by The Associated Press | News | Comments

Ford Motor Co. says its Russian joint venture is cutting 950 jobs due to falling sales and the declining value of the ruble.                                     

German Brewers Fined $319M For Cartel

April 2, 2014 1:57 pm | by The Associated Press | News | Comments

Germany's antitrust authority has fined a group of brewers 231.2 million euros ($319 million) for their part in alleged illegal beer-price fixing — the second round of punishment in the case.                 

EU Imposes $416M Fine On Power Cable Cartel

April 2, 2014 9:16 am | by The Associated Press | News | Comments

The European Union's antitrust authority is imposing a 302 million-euro ($416 million) fine against 11 producers of high voltage power cables for operating a cartel.                         

Marchionne: Fiat Chrysler Can Boost Output To 6M Cars

March 31, 2014 2:00 pm | by Colleen Barry, AP Business Writer | News | Comments

Fiat and Chrysler CEO Marchionne said that the merged company will be able to increase production to more than 6 million cars a year, a level he says is the minimum for an automaker to compete globally.               

Head Of VW's Lone U.S. Plant Going Back To Germany

March 28, 2014 2:06 pm | by The Associated Press | News | Comments

Frank Fischer, who has headed Volkswagen's only U.S. plant in Chattanooga since its construction, is leaving to manage the automaker's factory in Emden, Germany.                         

GM's Opel To Pull Out Of China

March 28, 2014 9:36 am | by The Associated Press | News | Comments

General Motors Co.'s Opel unit will end its small presence in the Chinese market — a decision its chief executive describes as long-overdue.                               

GE Develops Advanced Manufacturing Technologies

March 27, 2014 1:48 pm | by GE Research | Videos | Comments

Take a spin around the globe with GE as they highlight five manufacturing technologies GE researchers are developing.                                      

GlaxoSmithKline Recalls Drug After Foreign Pills Found In Bottles

March 27, 2014 1:46 pm | by The Associated Press | News | Comments

GlaxoSmithKline is recalling the weight loss drug Alli after receiving reports of unknown pills and tablets in the bottles.                                     

ANA Orders $17B In Jets From Airbus, Boeing

March 27, 2014 9:39 am | by The Associated Press | News | Comments

ANA is ordering 70 aircraft with a list price of 1.7 trillion yen ($17 billion) from Boeing Co. and Airbus, in the largest order in the Japanese carrier's history.                         

Global Unrest Does Affect U.S. Manufacturing

March 25, 2014 2:06 pm | by Anna Wells, Executive Editor | Blogs | Comments

As tensions between Russia and the United States continue to increase, global businesses will face disruption and, for some, opportunity.                                  

35 Countries Promise To Boost Nuclear Security

March 25, 2014 1:34 pm | by Mike Corder, Associated Press | News | Comments

Thirty-five countries pledged Tuesday to turn international guidelines on nuclear security into national laws, a move aimed at preventing terrorists from getting their hands on nuclear material.                

NSA Hacks Huawei: Is This The New World Of Business?

March 24, 2014 2:54 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Blogs | Comments

Over this past weekend it was reported that U.S. intelligence agencies hacked into the email servers of Chinese tech giant Huawei.                                   

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