Industrial Maintenance & Plant Operation

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Daily industrial news and top headlines for plant and maintenance managers

U.S. Factory Orders Fell 0.6 Percent In April

June 4, 2012 1:36 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

Even with the declines, factory orders are well above their recession lows.

Global Economy At Risk As U.S., Europe And Asia Slow

June 4, 2012 1:29 pm | by Paul Wiseman, AP Economics Writer | News | Comments

Already hobbled by Europe's debt crisis, the world now risks being hurt by slowdowns in its economic powerhouses.

U.S. Factory Orders Expected To Show Small Gain

June 4, 2012 9:57 am | News | Comments

Orders to U.S. factories are expected to show a small gain in April following a big decline in March.

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Auto Sales: Bright Spot In Darkening Economy

June 1, 2012 2:03 pm | by Dee-Ann Durbin, Tom Krisher, AP Auto Writers | News | Comments

Many of the biggest carmakers reported double-digit sales gains last month compared with a year earlier.

Japan's April Factory Output Inches Up

June 1, 2012 2:02 pm | by The Associated Press | News | Comments

Japan says its industrial production inched up 0.2 percent in April from March for a second monthly gain amid a fragile recovery.

Coleman Cable Acquires Assets of Watteredge

June 1, 2012 1:56 pm | News | Comments

Coleman Cable, Inc. announced it completed the acquisition of substantially all of the assets of Watteredge, Inc. in an all-cash transaction valued at approximately $35.0 million.

Chrysler Sales Rise 30 Percent On Jeep, Ram Demand

June 1, 2012 10:19 am | by Dee-Ann Durbin, Tom Krisher, AP Auto Writers | News | Comments

Chrysler's U.S. sales jumped 30 percent last month, a sign that Americans remain determined to replace their aging cars despite the falling stock market and shaky consumer confidence.

U.S. Economy Grew At 1.9 Percent Annual Rate

June 1, 2012 10:11 am | by Marting Crutsinger, AP Economics Writer | News | Comments

The U.S. economy grew at an annual rate of 1.9 percent in the first three months of the year, slower than first estimated.

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Report: Manufacturing Growth In China Remains Strong

May 31, 2012 5:08 pm | by Tompkins Supply Chain Consortium | Articles | Comments

More than 60 percent of respondents to a recent Tompkins Supply Chain Consortium survey say manufacturing is still on the rise in China.

Yingli Green Energy Posts 1Q Loss

May 30, 2012 2:15 pm | by The Associated Press | News | Comments

Yingli Green Energy Holding Co. Ltd. posted a first-quarter loss as plunging solar prices slashed revenues even though it shipped a record number of modules.

China Rolls Out Mini-Stimulus To Fight Slump

May 30, 2012 2:13 pm | by Joe McDonald, AP Business Writer | News | Comments

China is rolling out a mini-stimulus to fight its economic slump but is moving cautiously after its massive response to the 2008 global crisis left a painful hangover of inflation and debt.

China Promises Support For Emerging Industries

May 30, 2012 10:30 am | by The Associated Press | News | Comments

China's Cabinet said it has approved plans to promote development of seven emerging industries including clean energy as it tries to restructure the economy and boost growth.

Battered BlackBerry Maker Weighs Options

May 30, 2012 10:24 am | by Rob Gillies, Associated Press | News | Comments

RIM issued a dire warning about its business Tuesday, saying it is losing money for the second-consecutive quarter and will have to lay off a "significant" number of employees.

Consumer Confidence In The Economy Plunged In May

May 29, 2012 2:05 pm | by The Associated Press | News | Comments

Recent signs that an economic slowdown is spreading beyond Europe to fast-growing countries like China has raised fears that U.S. companies could pull back on hiring as demand weakens for their products.

Tata Motors Profit Doubles On JLR Sales

May 29, 2012 1:58 pm | by Erika Kinetz, AP Business Writer | News | Comments

March quarter profits at India's Tata Motors more than doubled to $1.1B on strong demand for Jaguar Land Rover vehicles, particularly in China, the company said.

Colfax Buying Soldex In $235M Deal

May 29, 2012 10:22 am | by The Associated Press | News | Comments

Pump and valve maker Colfax Corp. is buying welding products supplier Soldex SA from Inversiones Breca SA, giving it a larger foothold in South America.

Rogue Is Nissan's Best-Selling SUV

May 25, 2012 12:02 pm | by Ann M. Job, For The Associated Press | News | Comments

Americans still love riding high above the ground in their vehicles but have been opting for smaller sport utility vehicles to save on gasoline costs.

Toyota Looks To Growth In Emerging Markets

May 25, 2012 11:55 am | by Yuri Kageyama, AP Business Writer | News | Comments

Toyota is looking to emerging markets for growth, targeting 50 percent of its global vehicle sales in such countries by 2015, and rolling out eight compact models over the next few years.

First Dodge Darts From IL Plant Reach Showrooms

May 25, 2012 11:53 am | by The Associated Press | News | Comments

The first Dodge Darts to come out of a revitalized Chrysler plant in Illinois were shipped off to dealers this week, setting the stage for what Marchionne called the automaker's "real battle" in the compact market.

Toyota's Etios Sales Top 100,000 In India

May 25, 2012 10:06 am | by The Associated Press | News | Comments

Toyota said its cumulative sales of the Etios series surpassed 100,000 units in India, with the relatively low-priced vehicles gaining popularity in the major emerging market.

Weekly U.S. Unemployment Applications Dip To 370K

May 25, 2012 10:04 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The number of people seeking unemployment benefits changed little last week, signaling modest job growth.

Trina Solar Posts Fiscal 1Q Loss

May 24, 2012 2:08 pm | by The Associated Press | News | Comments

Chinese solar module maker Trina Solar Ltd. on Wednesday reported a loss for its fiscal first quarter as prices for modules fell.

Fitch Says It May Cut Eaton Rating On Cooper Deal

May 23, 2012 12:03 pm | by The Associated Press | News | Comments

Fitch said Eaton will take on around $5.1B in long-term debt as part of the acquisition, and it will assume $1.4B in outstanding debt held by Cooper.

Suntech Power Loses Money In Its 1st Quarter

May 23, 2012 11:52 am | by The Associated Press | News | Comments

Suntech Power Holdings Co. lost money in its first quarter as shipments and prices for its solar panels fell.

Ford To Get Blue Oval Back After Second Upgrade

May 23, 2012 10:26 am | by Dee-Ann Durbin, Tom Krisher, AP Auto Writers | News | Comments

Ford never stopped using its logo or factories, but posted them as collateral in 2006 in order to get a $23.5 billion loan and avoid bankruptcy.

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