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The Lead

Q&A: The Changing Engineering and R&D Landscape

January 30, 2015 11:10 am | by Maura Falk, Associate Editor | Articles | Comments

Senior Vice President of Engineering and R&D Services of HCL, Sukamal Banerjee took some time to speak with IMPO about the demand of engineering and R&D services both domestically and abroad.               

German Automakers Lobby for U.S., EU Trade Deal

January 28, 2015 2:19 pm | by The Associated Press | News | Comments

German automakers are throwing their support behind a new trade deal being negotiated between...

Q&A: The State of the Engineering Services Outsourcing Market

January 28, 2015 12:27 pm | by Maura Falk, Associate Editor | Articles | Comments

Sampath Kumar, Partner and Global Leader at ISG (Information Services Group) Engineering...

The Next Global Markets for U.S. Businesses

January 26, 2015 2:19 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Blogs | Comments

The U.S. economy is surging ahead while areas like China, Europe and Russia struggle...

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Daily industrial news and top headlines for plant and maintenance managers

Japan Logs Record Trade Deficit in 2014

January 26, 2015 10:06 am | by Elaine Kurtenbach, The Associated Press | News | Comments

Japan's trade deficit ballooned to a record 12.8 trillion yen ($109 billion) last year as a weakening yen pushed the cost of imports higher despite a moderate recovery in exports.                     

Ford Mustang Goes Global With First Shipment to China

January 21, 2015 2:26 pm | by The Associated Press | News | Comments

The Ford Mustang is on its way to China. Ford says its first shipload of around 100 Mustangs has left Portland, Oregon, and is headed to China. Shipments to Europe will begin later this year.                 

India Still Plagued by Abandoned Asbestos Mines

December 22, 2014 2:31 pm | by Katy Daigle, AP Environment Writer | News | Comments

In Roro Village and other settlements below, people who never worked in the mines are dying of lung disease. Yet in a country that treats asbestos as a savior that provides cheap building materials for the poor, no one knows the true number and few care to ask.

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Lone Holdout BMW Finally Joins Takata Recall

December 22, 2014 1:58 pm | by The Associated Press | News | Comments

The recall affects 140,000 BMW 3 Series vehicles made between January 2004 and August 2006. The company is calling its move a "voluntary improvement campaign" rather than a recall.            

Alstom SA to Pay $772M in Penalties to Resolve Corruption Case

December 22, 2014 1:47 pm | by Eric Tucker, Associated Press | News | Comments

"Alstom's corruption scheme was sustained over more than a decade and across several continents," Deputy Attorney James Cole said at a news conference. "It was astonishing in its breadth, its brazenness, and its worldwide consequences."   

Virginia Companies Find Success in International Exports

December 22, 2014 1:40 pm | by Michael Felberbaum, AP Business Writer | News | Comments

C.F. Sauer is loading its product on barges headed for places like Africa and New Zealand, and its international business is growing with the help of a unique state-run program.            

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.     

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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.

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.           

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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.                           

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.                             

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.                            

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