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Daily industrial news and top headlines for plant and maintenance managers

What Do Strong Auto Sales Mean For The Broader Economy?

September 6, 2013 1:31 pm | by CBS News | Videos | Comments

New numbers show August had the highest number of auto sales of any month since the Great Recession. Toyota, Ford, Nissan, Chrysler and General Motors all reported double-digit U.S. sales. Financial and economic analyst Mellody Hobson explains why sales are booming.

ADP: Businesses Added 176,000 Jobs In August

September 5, 2013 2:38 pm | by Paul Wiseman, AP Economics Writer | News | Comments

American businesses added 176,000 jobs in August, a private survey showed Thursday. That was fewer than in June and July but roughly in line with the monthly average for the year. The payroll company ADP said professional and business services firms added 50,000 jobs.

Boeing Sees China's Air Fleet Tripling In 20 Years

September 5, 2013 2:36 pm | by The Associated Press | News | Comments

China's airlines are likely to triple the size of their fleets over the next two decades, driven by strong economic growth and rising tourism spending, Boeing Co. said Thursday. Boeing and European rival Airbus Industries are looking to China to drive sales as growth in demand cools elsewhere. 

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$1.9M Car Based On Airplane Design

September 5, 2013 1:52 pm | by CNN Money | Videos | Comments

The 1935 Avions Voisin C25 Aerodyne was designed by an aviation designer and takes cues from airplanes of that era. The designer of the Voisin was originally an aviation designer and wanted to transfer aviation design to the automobile to create the best car he could. It recently sold at Pebble Beach for $1.925 million. 

Nissan Juke Nismo: Tiny SUV Packs A Punch

September 4, 2013 5:28 pm | by CNN Money | Videos | Comments

The Nissan Juke Nismo delivers only 9 HP more than the base Juke model, but with tighter suspension and steering it does make this small SUV just a touch more fun. Nismo is Nissan's performance brand, and in this case, does deliver just a bit more power.

The New But Not Much Improved Microsoft

September 4, 2013 5:22 pm | by CNN Money | Videos | Comments

Microsoft's $7 billion deal to buy Nokia's cellphone business has investors wondering if the software giant can finally stake a claim in the mobile phone industry. A source of national pride, Finland's Nokia Corp. had led the cellphone industry for more than a decade, reaching a peak of 40 percent market share in 2008.

Automakers Report Sales Up Double-Digits

September 4, 2013 2:22 pm | by Tom Krisher, AP Auto Writer | News | Comments

Toyota, Ford, Nissan, Chrysler and General Motors all reported double-digit U.S. sales gains last month as strong sales of pickup trucks and small cars led the industry toward its best month in six years. Toyota posted the biggest gain, with sales up nearly 23 percent over August of last year. 

Report Signals U.S. Manufacturing Getting Stronger

September 4, 2013 12:51 pm | by CBS News | Videos | Comments

Stocks initially rose after a new report signaled the country's manufacturers are getting stronger. A jump in orders helped Unites States factories expand in August at the fastest pace in more than two years.            

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U.S. Trade Deficit Widens To $39.1B

September 4, 2013 10:14 am | by Martin Crutsinger, AP Economics Writer | News | Comments

The U.S. trade deficit widened in July from a four-year low in June. American consumers bought more foreign cars and other imported goods, while U.S. companies exported fewer long-lasting manufactured goods. The Commerce Department said Wednesday that the trade gap rose 13 percent to $39.1 billion. 

A ‘Made In America’ Walmart: Truth Or Gimmick?

August 30, 2013 8:01 am | by Joel Hans, Managing Editor, Manufacturing.net | Articles | Comments

Last week, Walmart Stores announced that they would be holding a summit on U.S. manufacturing, and there’s a fair amount of skepticism over the company’s motives, particularly considering its long history of sourcing a vast majority of products from overseas.

Americans Love Driving Less

August 29, 2013 2:34 pm | by Joan Lowy, Associated Press | News | Comments

Driving in America has stalled, leading researchers to ask: Is the national love affair with the automobile over? After rising for decades, total vehicle use in the U.S. — the collective miles people drive — peaked in August 2007. It then dropped sharply during the Great Recession and has largely plateaued since.

Report Outlines 'Lost Decade' For NY Workers

August 29, 2013 2:32 pm | by Michael Virtanen, Associated Press | News | Comments

A new report on New York's economy calls the last 10 years a "lost decade" for typical workers, with median wages dropping almost 7 percent for men and about 1 percent for women. The Fiscal Policy Institute said the recovery from the Great Recession shows more underemployment despite the state restoring overall jobs lost in the downturn.

Applications For U.S. Unemployment Aid Fall

August 29, 2013 2:06 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The number of Americans seeking unemployment benefits remained near the lowest level in more than five years last week, a sign that companies are cutting few jobs. First-time applications for benefits fell 6,000 to a seasonally adjusted 331,000, the Labor Department said Thursday.

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Walmart's Plan Sells 'American Made'

August 29, 2013 12:33 pm | by CNN Money | Videos | Comments

Walmart SVP Michelle Gloeckler explains her company's $50 billion effort to sell more American made goods over the next ten years. Even if Walmart is successful in getting key retailers and suppliers on board, experts say it won't rejuvenate the U.S. manufacturing industry. But the movement could help stem the tide of jobs flowing to China and elsewhere that has been occurring in the last two decades.

Mini Cooper Paceman: Roomy, Nimble, Fun

August 29, 2013 8:03 am | by CNN Money | Videos | Comments

The new Mini Cooper Paceman is a two-door crossover SUV that features a turbo-charged engine, four-wheel drive, and a spacious interior. While it could be considered a "less practical, SUV," losing two doors completely changes the character of the vehicle, says CNN's Peter Valdes-Dapena.

Signs Of Life In China's Factories, But For How Long?

August 28, 2013 2:11 pm | by Reuters TV | Videos | Comments

A leading indicator shows a fresh spike in manufacturing activity, but with debt pressures lingering and the country on a slower growth track, economists remain cautious on China's outlook. China's manufacturing slowdown stabilized in August in another possible sign the world's second-largest economy is improving, a survey showed.

Toyota Raises New Corolla Base Price

August 27, 2013 2:32 pm | by The Associated Press | News | Comments

Toyota is raising the base price of its reworked Corolla compact car by 3.5 percent. Toyota is giving the Corolla a sportier look and more gadgets, a recognition by the world's biggest automaker that the under-50 crowd wants more than just reliability in a compact car. 

Maruti Suzuki Says New Plant Delayed

August 27, 2013 2:18 pm | by The Associated Press | News | Comments

India's largest carmaker Maruti Suzuki India Ltd. said Tuesday that the opening of its new plant in India's western state of Gujarat will be delayed due to the overall slowdown of the Indian economy and car market. The company's chairman, R.C. Bhargava, stated that the Indian unit of Japan's Suzuki Motor Corp. will "miss the target" of commissioning its Gujarat plant by March 31, 2016.

Harley Exec Rides New Bike Off Line At PA Plant

August 27, 2013 10:13 am | by The Associated Press | News | Comments

A central Pennsylvania plant that manufactures Harley-Davidson motorcycles got a visit from the great-grandson of one of the company's co-founders. To kick off the company's 110th anniversary, 52-year-old Bill Davidson revved up the latest ride Monday: a 2014 Street Glide Special.

Peugeot Looks To New Hatchback For Turnaround

August 27, 2013 10:04 am | by The Associated Press | News | Comments

Peugeot is hoping a total revamp of its midsized hatchback — a category that Volkswagen has long dominated — will help lead the struggling French company's turnaround. The company's chief executive, Maxime Picat, says that all the elements for a rebound are in place. 

Startups Gain Appeal As Some Japan Inc. Names Fade

August 26, 2013 2:23 pm | by Yuri Kageyama, AP Business Writer | News | Comments

In a shabby back-alley office in Shibuya, a Tokyo district known for youth culture and tech ventures, defectors from corporate Japan are hard at work for a little known company they fervently believe will be the country's next big manufacturing success.

Photo Of The Day: Coke's Secret Recipe

August 26, 2013 2:17 pm | by Candice Choi, AP Food Industry Writer | News | Comments

The ability to push a quaint narrative about a product's origins and fuel a sense of nostalgia can help drive billions of dollars in sales. That's invaluable at a time when food makers face greater competition from smaller players and cheaper supermarket store brands that appeal to cash-strapped Americans.

Tesla Shares Jump On Popularity In CA

August 26, 2013 2:08 pm | by The Associated Press | News | Comments

Tesla Motors Inc.'s shares jumped Monday on a report that its Model S is gaining popularity in California. The report, released by the California New Car Dealers Association, found that the Tesla Model S is among the top five selling models in the luxury and sports-car segment in the state through June of this year.

China: Economy Stabilizing After Slowdown

August 26, 2013 10:13 am | by The Associated Press | News | Comments

China's government tried Monday to reassure companies and its public about the economy's health, saying growth is stabilizing after a lengthy decline and should hit the official target of 7.5 percent for the year. The announcement by the chief spokesman for the Cabinet's statistics agency was part of official efforts to defuse unease about the country's deepest slump since the 2008 global crisis.

Orders For Long-Lasting U.S. Factory Goods Plunge

August 26, 2013 10:08 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Orders for long-lasting U.S. factory goods fell sharply last month as demand for commercial aircraft plummeted and businesses spent less on computers and electrical equipment. The Commerce Department said Monday that orders for durable goods plunged 7.3 percent in July, the steepest drop in nearly a year. 

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