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Daily industrial news and top headlines for plant and maintenance managers

U.S. Wholesale Prices Rose 0.3 Percent In July

August 14, 2012 10:07 am | by Martin Crutsinger, AP Economics Writer | News | Comments

U.S. wholesale prices increased in July from June, pulled up by higher costs for cars and light trucks and the biggest increase in corn prices in nearly six years.

Japan's Economy Slows As Consumer Spending Flags

August 13, 2012 10:10 am | by Elaine Kurtenbach, AP Business Writer | News | Comments

Japan's economy grew at a slower-than-expected annualized rate of 1.4 percent in April-June, adding to worries over the global outlook.

India's June Industrial Output Falls

August 10, 2012 2:22 pm | by Erika Kinetz, AP Business Writer | News | Comments

India's industrial output fell a worse-than-expected 1.8 percent in June, its third fall in four months, as slumping manufacturing and investment darken the outlook for Asia's third-largest economy.

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U.S. Economic Outlook Brightens On Jobs, Trade Data

August 10, 2012 2:20 pm | by Christopher S. Rugaber, Paul Wiseman, AP Economics Writers | News | Comments

The outlook for the U.S. economy brightened a little Thursday after new data pointed to improvement in hiring and greater exports.

Toyota Confident Etios Will Win Brazil Market

August 10, 2012 2:16 pm | by The Associated Press | News | Comments

Toyoda said he is confident the new compact sedan Toyota will start producing next month in Brazil will win a solid portion of the country's market, where European and U.S. automakers hold large shares.

Jaguar Land Rover Boosts Tata Motors Profit

August 10, 2012 2:11 pm | by Erika Kinetz, AP Business Writer | News | Comments

Tata Motors said Thursday its June quarter profit rose 12 percent as strong sales of its Jaguar Land Rover vehicles made up for lackluster domestic demand.

China Trade Decelerates In Sign Of Global Weakness

August 10, 2012 10:18 am | by Joe McDonald, AP Business Writer | News | Comments

China's trade and domestic demand have added to pressure on Beijing for a more aggressive stimulus to boost the world's second-largest economy out of its worst slump since the 2008 crisis.

ISM: U.S. Manufacturing Hits Rough Patch

August 10, 2012 8:47 am | by Mike Schmidt. Associate Editor, Manufacturing Business Technology | Articles | Comments

“We’re looking at a softness and a slowdown in demand for manufacturing products, both domestically and internationally,” says Brad Holcomb.

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U.S Trade Deficit Falls To Lowest In 18 Months

August 9, 2012 11:47 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The U.S. trade deficit fell to its lowest level in 18 months in June, pushed down by a steep drop in oil imports and a rise in exports.

U.S. Employers Post Most Jobs In 4 Years

August 8, 2012 2:03 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. employers posted the most job openings in four years in June, a positive sign that hiring may pick up.

Toyota Exec Sees More Manufacturing In N. America

August 8, 2012 2:01 pm | by Tom Krisher, AP Auto Writer | News | Comments

Toyota's top U.S. sales executive predicts that his company will add jobs and build more models in North America as a hedge against a strong yen.

Europe's Economies Show Signs Of Weakness

August 8, 2012 1:59 pm | by Robert Barr | News | Comments

The central banks of France and Britain, Europe's second- and third-largest economies, made grim forecasts on Wednesday, while data out of Germany, its largest economy, showed a weakening in manufacturing.

A123 Posts $82.9M 2Q Loss, Gets Financing Deal

August 8, 2012 1:56 pm | by The Associated Press | News | Comments

A123 Systems said that while its operations continue to bleed cash, it has reached an agreement with a Chinese auto parts maker for an investment of up to $450M that will help the struggling electric vehicle maker stay afloat.

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Boeing Raises Prices On Commercial Jetliners

August 8, 2012 1:55 pm | by The Associated Press | News | Comments

Boeing spokesman Thomas Brabant said the 2012 prices reflected higher costs for wages, goods, and services.

U.S. Worker Productivity Up 1.6 Percent In 2Q

August 8, 2012 10:24 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The modest 1.6 percent annualized gain in productivity from April through June signals employers may need to hire more if demand picks up.

Recovering Japan Automakers Still Cautious

August 7, 2012 2:34 pm | by The Associated Press | News | Comments

Automakers are gearing up for a possible spillover of the eurozone debt crisis as the European market continues to deteriorate.

U.S. Jobs Data Trigger Global Market Rally

August 6, 2012 2:10 pm | by The Associated Press | News | Comments

Financial markets rallied Friday as an increase in U.S. hiring suggested the world's largest economy is not heading for recession but recovering gradually.

GM Predicts Substantial European Losses This Year

August 6, 2012 2:09 pm | by The Associated Press | News | Comments

Executives said Europe would be challenging, but they would not estimate when GM would return to making money in the region.

Tesla Shares Rise On Model S Production Numbers

August 6, 2012 10:20 am | by The Associated Press | News | Comments

Shares of Tesla Motors Inc. rose Friday on investor optimism that the electric car company's supply problems are being resolved and the ramp up in production of its key new model is on schedule.

Eastman Kodak Loss Widens In 2Q

August 6, 2012 10:19 am | by The Associated Press | News | Comments

Eastman Kodak Co. said Friday its second-quarter loss widened as revenue fell while it reorganized under bankruptcy protection.

U.S. Industrial Manufacturers Remain Optimistic

August 6, 2012 8:23 am | by PwC | Articles | Comments

The majority of U.S. industrial manufacturers surveyed remain optimistic regarding prospects for the U.S. economy.

Industrial Metals Fall On Sluggish Manufacturing

August 3, 2012 2:17 pm | by Sandy Shore, AP Business Writer | News | Comments

Prices for industrial metals have fallen after new reports showed sluggish manufacturing in the U.S. and China, adding to concerns about slowing growth in the world's two biggest economies.

U.S. Hiring Picks Up In July

August 3, 2012 2:12 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Employers added 163,000 jobs in July after three months of sluggish hiring, a pleasant surprise that could signal the U.S. economy may be resilient enough to shake off a midyear slump.

Toyota Raises Sales Plan As Quarterly Profit Zooms

August 3, 2012 2:09 pm | by Yuri Kageyama, AP Business Writer | News | Comments

Toyota raised its sales target for this year to a record 9.76 million vehicles and reported a strong recovery in quarterly profit Friday, underlining its bounce back from a disaster plagued 2011.

First Solar Shares Soar After Strong 2Q

August 3, 2012 10:26 am | by The Associated Press | News | Comments

First Solar shares have been rising since late Wednesday when the company reported an 82-percent surge in second-quarter profits.

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