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Daily industrial news and top headlines for plant and maintenance managers

Owens Corning To Construct Manufacturing And R&D facility In Gastonia

October 29, 2013 10:03 am | by Gaston County Economic Development Commission | News | Comments

The Gaston County Economic Development Commission is pleased to announce that Owens Corning will construct an advanced manufacturing plant in theGastonia Technology Park (GTP). The initial investment will be $120 million and at full operations the company will employ up to 110 persons.

U.S. Manufacturing In Position To Regain Millions Of Jobs By 2020

October 29, 2013 9:12 am | by Kristopher Settle, Energy Curtailment Specialists | Blogs | Comments

Although no prosperity is guaranteed for the years ahead, the market seems to indicate that we’re on the verge of a strong boom period when it comes to job creation for the manufacturing industry.               

U.S. Factory Output Rises Just 0.1 Pct. In September

October 28, 2013 2:36 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Automakers boosted their output in September, but the gain was offset by declines at makers of computers, furniture and appliances.                     

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Gov Criticized Over Layoffs At Ohio Aluminum Plant

October 28, 2013 9:22 am | by Julie Carr Smyth, AP Statehouse Correspondent | News | Comments

Republican Gov. John Kasich is facing criticism over the indefinite shuttering of Ormet Corp., an aluminum smelting giant along the Ohio River and the onetime largest customer of American Electric Power. About 1,000 workers — mostly unionized steelworkers — are out of work.

Five Common Mistakes Employers Make Regarding The WARN Act

October 28, 2013 9:06 am | by Michael Groebe, Senior Counsel, Foley & Lardner | Articles | Comments

While the economy appears to be turning around, employers across the country continue to make difficult decisions concerning mass layoffs and plant closings. Employers that forget about the Worker Adjustment and Retraining Notification Act (the “WARN Act”) and applicable state “baby” WARN Acts do so at their peril.

Truck Maker Volvo To Slash 2,000 Jobs

October 25, 2013 9:25 am | by The Associated Press | News | Comments

Truck maker AB Volvo says its earnings dipped on lower sales in the third quarter and that it will slash 2,000 jobs as part of a cost-cutting program.                 

Will U.S. Hiring Accelerate If Economy Doesn't?

October 23, 2013 9:31 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The uncertainty and weakness that hung over the U.S. job market in September before the government shut down aren't going away.                     

United Tech 3Q Profit Up 1 Pct., Trims Sales View

October 22, 2013 1:01 pm | by Stephen Singer, AP Business Writer | News | Comments

United Technologies Corp.'s third-quarter profit rose just 1 percent, and the aerospace and building systems conglomerate warned Tuesday that weak military aerospace sales are expected to cut into revenue this year.       

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Unemployment Rate Falls To 7.2 Pct.

October 22, 2013 12:58 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

A tight job market has discouraged many Americans from looking for work. The percentage of Americans working or looking for work remained at a 35-year low last month.              

Forecast: Business Jet Demand Expected To Grow

October 22, 2013 12:54 pm | by AP | News | Comments

Demand will be spurred by new products and innovations, Honeywell said in a report released Sunday in Las Vegas before Tuesday's opening of the National Business Aviation Association's trade show.          

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.                

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.

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.

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