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Daily industrial news and top headlines for plant and maintenance managers

Pritzker: How To Create Better Jobs

October 18, 2013 2:13 pm | by CNN Money | Videos | Comments

Commerce Secretary Penny Pritzker tells the audience at Fortune's Most Powerful Women Summit that investments in infrastructure and education will create better jobs.

PwC: Manufacturing Hiring Plans Hit 5-Year High

October 18, 2013 12:39 pm | by PwC | News | Comments

Optimism among U.S. industrial manufacturers regarding the global economic outlook reached the highest level since the first quarter of 2012.                   

Booming Oil Towns Prepare For Inevitable Bust

October 16, 2013 1:45 pm | by James MacPherson and Ramit Plushnick-Masti, Associated Press | News | Comments

In the oil fields of Texas and North Dakota, communities that are enjoying the most prosperous economic boom in a generation are increasingly thinking about the days after the surge in drilling is over.           

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Raytheon Wins Navy Contract Worth Up To $1.6B

October 11, 2013 1:33 pm | by AP | News | Comments

The defense contractor, which is based in Waltham, Mass., said that it is designing the radar for the Flight III Arleigh Burke destroyer beginning in 2016.                

Cuomo: 1,000 Jobs In NY From $1.5B Tech Investment

October 11, 2013 9:12 am | by The Associated Press | News | Comments

Six high-tech companies will invest $1.5 billion in the Mohawk Valley to create more than 1,000 high-tech jobs and help grow a second nanotechnology hub upstate, Gov. Andrew Cuomo said Thursday.          

Grand Forks Wind Turbine Plant Bringing Back Jobs

October 9, 2013 2:07 pm | by AP | News | Comments

The Grand Forks Herald reports that Denmark-based LM Wind Power expects to have 570 employees at its North Dakota facility by the end of the year.                  

Gildan To Add 500 Jobs At N.C. Plants

October 9, 2013 9:01 am | by The Associated Press | News | Comments

An apparel-maker that produces T-shirts, socks and other clothing plans a $250 million factory expansion that will add about 500 jobs in the next three years.                

Alcatel-Lucent To Cut 10,000 Jobs

October 8, 2013 9:49 am | by The Associated Press | News | Comments

Telecommunications equipment maker Alcatel-Lucent SA said Tuesday that it plans to cut 10,000 jobs worldwide over the next two years, the latest cost-cutting drive from the loss-making company.                

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KY Coal Town Suffers Amid Natural Gas Boom

October 7, 2013 12:01 pm | by CBS News | Videos | Comments

The increase in natural gas production has had a devastating impact on coal country, forcing many miners to seek employment elsewhere. Eastern Kentucky has lost 42 percent of its mining jobs, and CBS News' Jeff Glor reports from one of the hardest-hit towns.

Lockheed Martin To Furlough 3K Workers

October 4, 2013 2:31 pm | by The Associated Press | News | Comments

Lockheed Martin says it will furlough 3,000 employees on Monday due to the government shutdown. The defense company said Friday that the number of employees put on furlough will increase weekly if the shutdown continues.       

Cummins Filtration To Close Lake Mills Operations

October 4, 2013 2:26 pm | by The Associated Press | News | Comments

About 80 workers are expected to lose their jobs over the next 15 months as Cummins Filtration closes down its operations in the northern Iowa city of Lake Mills. Cummins Inc. spokesman John Mills says employees will receive severance and outplacement services.

Floor-Covering Company To Expand GA Plant

October 4, 2013 2:24 pm | by The Associated Press | News | Comments

Georgia Gov. Nathan Deal has announced a floor covering manufacturer is planning to expand its plant in Morgan County and create more than 200 new jobs. Deal announced Thursday that Mannington Mills is planning to create 219 new jobs as it expands its Plant in Madison — about 30 miles south of Athens. Deal says the company is planning to invest $50 million in the expansion.

Shutdown Could Slam Frail U.S. Economy

October 4, 2013 1:19 pm | by ReutersVideo | Videos | Comments

The bitter blame game continued with the still employed politicians in DC - while as many as a million workers were sent home on Tuesday, out of work and out of luck. The government's partial shutdown also means the September jobs report is being postponed. The workers who produce it aren't deemed "essential," which is why they're among the 800,000 federal employees being furloughed.

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OH Drug Company Closing, 1,100 Jobs To Be Lost

October 4, 2013 1:06 pm | by The Associated Press | News | Comments

A northeast Ohio company that manufactured cancer drugs is closing, and more than 1,000 jobs will be lost. Ben Venue Laboratories Inc. said Thursday it will stop production by the end of this year. The Bedford company says all 1,100 jobs will be phased out starting this month and continuing into next year.

With No Jobs Report, What's An Economist To Do?

October 4, 2013 1:05 pm | by Paul Wiseman, Scott Mayerowitz, AP Business Writers | News | Comments

The latest victims of the government's partial shutdown: policy wonks, politicians and TV talking heads who are losing their monthly opportunity to dissect the jobs report issued by the Bureau of Labor Statistics. It happens the first Friday of the month at 8:30 a.m. Eastern time. Except this Friday.

UTX May Furlough 5K Workers Due To Shutdown

October 3, 2013 2:25 pm | by The Associated Press | News | Comments

United Technologies Corp. says it may furlough more than 5,000 workers if the U.S. government shutdown continues into next month. The company said Wednesday that its Sikorsky division, which makes Black Hawk helicopters, would be hit first. It expects nearly 2,000 employees, including those employed at facilities in Connecticut, Florida and Alabama, will be furloughed on Monday.

German Company To Build Plant In KY

October 3, 2013 2:16 pm | by The Associated Press | News | Comments

A Germany-based automotive supplier is planning to build a new production plant in Kentucky. The $120 million facility will be called Bilstein Cold Rolled Steel and will employ 90 workers. The company says it is building the 150,000-square-foot facility to better serve its North American auto industry customers.

Employers Add Fewer Jobs

October 3, 2013 2:11 pm | by ReutersVideo | Videos | Comments

Amid the Washington shut down that furloughed nearly a million government workers, the private sector isn't doing much better. U.S. companies added just 166,000 jobs last month, which is fewer than economists had expected. Analysts say the softer numbers have renewed worries on Wall Street.

Berkshire Community College Kicks Off Manufacturing Month

October 2, 2013 5:33 pm | by Berkshire Community College | News | Comments

Berkshire Community College (BCC) today unveiled a new state-of-the-art lab containing advanced manufacturing equipment housed at Taconic High School (THS) that will provide both BCC and high school students with the advanced technical skills needed to succeed in the new manufacturing workplace.

U.S. Companies Add 166,000 Jobs In September

October 2, 2013 2:23 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. businesses added just 166,000 jobs in September, only slightly more than the previous two months. The lack of improvement in hiring, along with the threat of a prolonged government shutdown, could help persuade the Federal Reserve to delay scaling back its stimulus.

GE To Lay Off Up To 200 Workers In NY

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

General Electric says it plans to lay off up to 200 salaried employees at its Schenectady-based Power & Water Division by the end of this year. Local media report that GE officials say the Fairfield, Conn.-based company is eliminating the white-collar positions to remain competitive. Officials wouldn't divulge the exact number of employees to be laid off.

Coroplast To Put First U.S. Plant In SC

October 2, 2013 2:14 pm | by The Associated Press | News | Comments

Coroplast Tape Corp. is planning to put its first U.S. production plant in South Carolina, creating 150 jobs. The German company announced Wednesday plans to invest $12 million in a York County Spec Building off Interstate 77. The facility will make a range of adhesive and insulating tapes for the automotive industry.

Hyundai To Defer Payments For Federal Workers

October 2, 2013 10:10 am | by The Associated Press | News | Comments

Hyundai is offering to defer new-car payments for 800,000 workers who have been furloughed due to the partial U.S. government shutdown. The company says workers who buy or lease cars this month won't have to make payments until January. Those who already own a Hyundai financed through the company won't have to make payments until they go back to work.

U.S. Manufacturing Expands At Best Pace In 2½ Years

October 2, 2013 10:08 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

US factory activity expanded last month at the fastest pace in 2 ½ years, an encouraging sign that manufacturing could lift economic growth and hiring in the coming months. The Institute for Supply Management, a trade group of purchasing managers, said Tuesday that its manufacturing index rose in September to 56.2, the highest since April 2011.

U.S. Businesses Worry About A Prolonged Shutdown

October 2, 2013 10:06 am | by Joyce M. Rosenberg, Scott Mayerowitz, AP Business Writers | News | Comments

As the government's partial shutdown enters a second day, most companies across the country are doing business as usual. Yet concern is rising that a prolonged shutdown would cause some work at private companies to dry up and consumers to lose faith in the U.S. economy.

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