Downtime is dangerous to any manufacturing group. After all, the old saying that compares time to money is true. If people or machines are idle, then products are not being made, which certainly affects the business’s bottom line — minimizing manufacturing downtime makes money for a company.
Dow Chemical Co. has successfully restarted its St. Charles Olefins 2 Plant near Hahnville after three years of inactivity. The Advocate reports the plant has been producing ethylene, which is used in alcohol- and plastic-based products, since Dec. 25. Dow said it expects the plant will add $150 million to earnings before interest, depreciation and amortization.
You finally pushed those price increases through — to reflect the fact that your input costs have been going up — and the market takes another turn. Input costs are now speeding in the opposite direction and your customers are expecting — or rather, demanding — price decreases.
A Coca-Cola plant and warehouse in southeastern Kentucky is expanding, with a company official saying more room is necessary to accommodate growing sales. The plant in Middlesboro will grow by about 24,000 square feet. Regional Sales Manager Bobby Abbott told The Daily News the company needs a place to put more items and new equipment.
MarkWest Energy's new natural gas processing plant in Wetzel County has begun operations. The plant will process 200 million cubic feet of wet Marcellus and Utica shale gas per day. It will separate the gas' dry methane from ethane, butane, propane, and pentane.
Globalization is presenting industries with myriad challenges to growth, sustainability and profitability. Vertical markets across the process industries are confronted daily with these challenges, and compete in an increasingly rigorous environment marked by tighter regulation, growing margin pressures and an aging workforce, among other issues.
When the word reached the Orion Assembly Plant, it spread along the serpentine assembly line like news of a death or natural disaster: GM had filed for bankruptcy protection. But there was something that the workers didn't know: They were witnessing the opening act of one of the greatest recovery stories in American business.
Food company Ralcorp Holdings Inc. says it will close two upstate New York manufacturing facilities in a move that will leave 375 workers without jobs. The St. Louis-based company says it will close its Silver Creek and Dunkirk facilities in western New York as it shifts manufacturing to improve efficiency.
A firm that builds components for jet engines in Butte, Mont. plans to expand its operations. GE Aviation and Marysville, Wash.-based SeaCast Inc. announced Thursday that they have established a joint venture — Montana Precision Products — to produce jet engine components at SeaCast's facility in Butte.
Felman Production LLC and the United Steelworkers have agreed on a new contract at the company's ferroalloys plant in New Haven, W. Va. Felman announced the agreement with United Steelworkers Local 5171 on Wednesday. It says the 42-month contract will cover more than 215 workers.
After a year of persistent struggles, BlackBerry-maker Research In Motion hopes to launch a comeback in 2013 as it works to convince customers its latest smartphones are a worthy alternative to the growing list of competitors. It's a battle that won't be won overnight, and depending on who you ask, might not be won at all.
Hewlett-Packard Co.'s stock backtracked Monday after an analyst tried to debunk speculation that the troubled technology company will be pressured into spinning off its personal computer and printer division. Deutsche Bank analyst Chris Whitmore believes it's highly unlikely HP will consider breaking itself in two.
Microbes are a huge nuisance in pharmaceutical manufacturing facilities. Contamination can cause serious issues, endangering facilities, batches and reputations. FDA regulations provide a cleaning and sterilization roadmap for manufacturers, but companies are provided with some flexibility when it comes to the specifics.
When it comes to high-precision positioning for rotary-to-linear motion, the ball screw provides unequaled reliability and performance. These highly efficient components are commonly found on machine tools, and fail for a variety of reasons, such as accidents resulting from electronic malfunctions, poor design, too high preload, misalignment, or normal wear and tear over time.
Boeing expects its new tanker for the U.S. Air Force to be untouched by cuts in defense spending next year, its top defense executive said Thursday. Defense contractors have been getting ready for automatic defense cuts that are a part of the so-called fiscal cliff that starts in January if Washington lawmakers can't strike a budget deal. Those cuts total $55 billion for next year and about $500 billion over 10 years.
Ford Motor Co. is in the process of tearing down about a quarter of its sprawling former assembly plant in the Detroit suburb of Wixom. Company spokeswoman Becky Sanch said Wednesday the automaker is "in sales negotiations on the property," and the demolition "is agreed upon by everyone involved." The City of Wixom has said the site is being razed "in preparation of a bright new future."
The head of Taiwan's Foxconn Technology Group says he will invite dozens of American engineers to his factories in China to learn about manufacturing. News reports say Terry Gou told a business meeting that he did not believe President Barack Obama could succeed in moving production lines back to the U.S. because Americans have outsourced those jobs for too long.
WhiteWave Foods’ Horizon Organic facility in City of Industry, CA, is making organic milk accessible to a larger consumer base than ever before. In fact, Horizon Organic is the fastest growing unique brand in the country. The City of Industry facility employs a continuous improvement culture to reduce downtime and bottlenecks and has improved OEE performance by up to 34 percent on some production lines.
Weather experts had good news for beleaguered northeast coastal residents Tuesday: A new storm that threatened to complicate Hurricane Sandy cleanup efforts on Wednesday now looks like it will be weaker than expected. As the storm moves up the Atlantic coast from Florida it now is expected to veer farther offshore than earlier projections had indicated.
Throughout its 89-year history, Just Born in Bethlehem, Penn., has produced such iconic candy brands as PEEPS® and MIKE AND IKE®. The family-owned company prides itself in maintaining a sense of tradition, while continuing to generate growth through innovative production processes.
Hurricane Sandy has, without a doubt, already caused an enormous toll on human life and businesses alike. As with all major events, it is important to track the road to recovery. This is where, for the time being, IMPO will compile news about Hurricane Sandy, its aftermath, and how that will affect American manufacturing. This will be consistently updated as more news arrives, so check back often.
Many businesses give special consideration to equipment financing as the end of the year approaches in order to take advantage of special incentives lenders and captive vendors may offer. While such deals are often available, it’s important to keep financing in mind for acquiring the equipment your business needs, regardless of the time of year.
It’s easy to see the benefit of undertaking the effort to implement an MES system. They effectively collect, process, and translate valuable business data related to the plant floor and the enterprise resource planning system. But the adoption process can be fraught with risk and uncertainty, depending on the approach a manufacturer takes.
The latest in preventive maintenance scheduling software and computerized maintenance management software can help manufacturers make more informed decisions when it comes to maintenance and stocking of replacement parts. PM automation has been around for years, but today manufactures are taking note and making use of CMMS to help them better track their maintenance efforts.
Manufacturing companies from across the country have pledged their participation in Manufacturing Day 2012. The event will highlight the importance of manufacturing to the nation's economy and draw attention to the many rewarding high-skill jobs available in manufacturing fields.