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Daily industrial news and top headlines for plant and maintenance managers

Pay Gains For Young Women; Inequality Still Seen

December 11, 2013 9:28 am | by Hope Yen, Associated Press | News | Comments

About 75 percent of young women believe the U.S. needs to do more to bring about equality in the workplace, a new study finds, despite a narrowing pay gap and steady employment gains for women at higher levels of business and government.

U.S. Job Openings Reach 5-Year High, A Hopeful Sign

December 10, 2013 1:03 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. employers advertised the most job openings in more than five years in October, and the number of people quitting also reached a five-year high. The figures are an encouraging sign for the unemployed.The Labor Department said Tuesday that job openings rose 1 percent to a seasonally adjusted 3.93 million.

Pratt & Whitney Machinists Approve New Contract

December 9, 2013 1:35 pm | by The Associated Press | News | Comments

Machinist union members who work at jet-engine maker Pratt & Whitney narrowly approved a new three-year contract Sunday, signing off on a deal that includes 2.5 percent pay raises each year and a $2,000 ratification bonus.       

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Oregon Gives Intel A Nike-Like Tax Deal

December 9, 2013 1:29 pm | by Jonathan J. Cooper, Associated Press | News | Comments

The 30-year agreement promises that any changes to Oregon's corporate tax structure won't affect Intel Corp. The chipmaker secured the agreement in exchange for an expansion it announced in October 2012. The company is spending $500 million to expand a semiconductor plant in Hillsboro.

EADS To Cut 5,800 Jobs As Part Of Major Overhaul

December 9, 2013 1:24 pm | by The Associated Press | News | Comments

European air and defense company EADS is cutting 5,800 jobs over the next two years as part of a major overhaul and cost-cutting plan.The company said Monday in a statement that the jobs would be eliminated from its corporate and space and defense divisions by the end of 2016.

Studebaker Legacy Lives 50 Years After Closing

December 9, 2013 10:12 am | by Kevin Allen, South Bend Tribune | News | Comments

Carlton wasn't even born when the last Studebaker rolled off the line in South Bend a half-century ago, and he wasn't all that interested in why the company went out of business. What he found striking was the story of how Studebaker survived here for 111 years — a remarkable lifespan in the business world.

Summit Pushes Chemical Manufacturing In Miss.

December 6, 2013 11:37 am | by Jeff Amy, Associated Press | News | Comments

Mississippi should seize an opportunity to compete for energy-thirsty economic development, economist David Dismukes suggested Thursday at the Governor's Energy Summit.A Louisiana State University professor, Dismukes was hired by the Mississippi Energy Institute to look at opportunities that might arise from the U.S. boom in natural gas production.

Shell Scraps Plans To Build $12.5B Plant In La.

December 6, 2013 9:56 am | by The Associated Press | News | Comments

The decision comes just two months after Shell selected a site for the plant. It would have created 740 jobs, according to a late-September announcement that championed the plant's location in Ascension Parish, near Baton Rouge.       

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Unemployment Rate Falls To 7 Pct.

December 6, 2013 9:46 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

A fourth straight month of solid hiring cut the U.S. unemployment rate to a five-year low of 7 percent in November, an encouraging sign for the economy. The Labor Department says employers added 203,000 jobs, nearly matching October's revised gain of 200,000. The job gains helped lower the unemployment rate from 7.3 percent in October.

States Grovel Before Boeing In Bid For 777X Jobs

December 6, 2013 9:38 am | by David A. Lieb, Associated Press | News | Comments

From coast to coast, states are rushing to impress Boeing with lavish incentive packages that offer property, labor deals and billions of dollars in tax breaks. All this in the hopes that the aerospace giant will select them to assemble the new 777X — or at least give them a wing to construct.

Obama To Feds: Boost Renewable Power 20 Percent

December 5, 2013 1:56 pm | by Matthew Daly, Associated Press | News | Comments

Obama says the plan to use renewables for 20 percent of electricity needs will help reduce pollution that causes global warming, promote American energy independence and boost domestic energy sources such as solar and wind power that provide thousands of jobs.

Mohawk Industries To Expand 2 Georgia Plants

December 5, 2013 11:53 am | by The Associated Press | News | Comments

Governor Nathan Deal has announced that flooring manufacturing company Mohawk Industries is planning to renovate two facilities in northwestern Georgia and create more than 400 new jobs. Deal said Wednesday that Mohawk industries is planning to invest $85 million in the renovation of two facilities in Rome and Dalton over the next two years.

Detroit Bankruptcy Is Precedent For Public Funds

December 5, 2013 9:41 am | by CBS This Morning | Videos | Comments

A federal judge in Michigan ruled that Detroit can cut public pensions as it enters bankruptcy - a decision that could effect the retirement of millions of current and former municipal workers. Anthony Mason talks to the "CBS This Morning" co-hosts about what it could mean for workers across the country.

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Survey: U.S. Companies Add 215K Jobs, Most In Year

December 4, 2013 1:35 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

A private survey shows U.S. businesses last month added the most jobs in a year, powered by big gains in manufacturing and construction.  Payroll processor ADP said Wednesday that companies and small businesses added 215,000 jobs in November.   

CEOs More Optimistic About Economy And Hiring

December 4, 2013 1:30 pm | by The Associated Press | News | Comments

A survey of chief executives at the largest U.S. companies shows a growing number are optimistic about the economy's prospects for the next six months and expect to boost hiring. The Business Roundtable says its index measuring CEO outlook rose to 84.5 in the October-December quarter. That's up from 79.1 in the July-September quarter.

Boeing Incentives Could Total $1.7B

December 4, 2013 10:07 am | by David A. Lieb, Associated Press | News | Comments

Missouri's bid for a Boeing assembly plant could include more than $1.7 billion of incentives over two decades if the airplane manufacturer adds thousands of jobs, according to new information about the proposal released Tuesday.      

Ethanol Maker Offered $6.3M For 65 Fuel Plant Jobs

December 3, 2013 1:45 pm | by Emery P. Dalesio, Associated Press | News | Comments

The plant operated by Biochemtex, a partnership headed by Italy-based Gruppo Mossi & Ghisolfi, plans to employ 65 people in three years near Clinton in Sampson County. The jobs will pay an average of $47,000 a year plus benefits, above the county average of $30,822.

Potash Corp. To Cut More Than 1,000 Jobs

December 3, 2013 1:25 pm | by The Associated Press | News | Comments

Potash Corp. is cutting more than 1,000 jobs, about 18 percent of its workforce, because of slumping demand for potash and phosphate, two key fertilizer ingredients.  The Saskatchewan-based company said Tuesday it will cut 440 jobs in Saskatchewan, 130 in New Brunswick, 350 in Florida, 85 in North Carolina, and 40 in other U.S. regions and Trinidad.

Forest Labs To Cut 500 Jobs In $500M Restructuring

December 3, 2013 9:36 am | by The Associated Press | News | Comments

Forest Laboratories says it plans to cut about 500 jobs as part of a plan to trim $500 million in costs over the next two years. The moves come less than three months after former Bausch & Lomb leader Brenton Saunders replaced longtime CEO Howard Solomon at the helm of Forest Laboratories Inc.

Ammunition Company To Open Plant In Wyo.

November 27, 2013 11:41 am | by The Associated Press | News | Comments

Wyoming Gov. Matt Mead announced Tuesday that Maverick Ammunition, which is also known as Ammo Kan, intends to employ more than 50 people at its Laramie plant.                          

Jobless Claims Drop To 316,000, As Layoffs Slow

November 27, 2013 9:07 am | by Josh Boak, AP Economics Writer | News | Comments

The number of Americans seeking unemployment benefits dropped 10,000 last week to a seasonally adjusted 316,000, a sign that workers are in less danger of being laid off. The Labor Department says the less volatile four-week average fell 7,500 to 331,750. Both the weekly jobless claims and the average have returned to pre-recession levels.

Mayville Engineering Expanding 5 Wis. Plants

November 26, 2013 1:17 pm | by The Associated Press | News | Comments

Employee-owned Mayville Engineering said the new jobs will be primarily at its two plants in Beaver Dam, two in Mayville and one in Wautoma. The company also has a plant in Neillsville and employs about 2,000 people nationwide.       

Bausch & Lomb To Expand NY Production

November 26, 2013 1:14 pm | by The Associated Press | News | Comments

New York officials say a $5.8 million grant and up to $6.2 million in tax credits have figured into Bausch & Lomb's decision to expand manufacturing and distribution in Rochester, N.Y.                 

Jackson Furniture To Add New Miss. Plant, Hire 250

November 26, 2013 1:12 pm | by The Associated Press | News | Comments

Jackson Furniture, based in Cleveland, Tenn., announced Monday that it will add a plant in Myrtle to one it opened in Mantachie in September, investing $2 million overall.                       

Manufacturers Are Leaving China, But Where Are They Headed?

November 26, 2013 8:06 am | by Tia Nowack, IMPO Associate Editor | Articles | Comments

Seeing China’s manufacturing sector shrink is a trend that excites Americans, although it may not actually alleviate much of the pressure around a U.S. unemployment rate of 7.3 percent.  The reality, according to many experts, is that the phenomenon is more one of nearshoring than reshoring, as many of these businesses – along with their jobs – head to Mexico. 

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