Plant Operations/Management
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Daily industrial news and top headlines for plant and maintenance managers
Twinkies Buyer Says Cakes Could Return By Summer
March 13, 2013 10:23 am | by Candice Choi, AP Food Industry Writer | News | CommentsHostess is moving ahead with plans to sell its Twinkies, and one of the new owners says the spongy cream-filled snacks could be back on shelves by summer. The bankrupt company had earlier picked a $410 million joint offer from Metropoulos & Co. and Apollo Global Management as the "stalking horse" bid to set the floor for an auction.
Hostess: No Other Bids To Buy Twinkies
March 12, 2013 1:55 pm | by Candice Choi, AP Food Industry Writer | News | CommentsHostess is moving ahead with plans to sell its Twinkies and other snack cakes after nobody stepped forward to top an offer made by two investment firms. The bankrupt company had earlier picked a $410 million joint offer from Metropoulos & Co. and Apollo Global Management as the "stalking horse" bid to set the floor for an auction.
China Wrestles With Cost Of Cleaner Environment
March 12, 2013 10:20 am | by Joe McDonald, AP Business Writer | News | CommentsFacing public outrage over smog-choked cities and filthy rivers, China's leaders are promising to clean up the country's neglected environment — a pledge that sets up a clash with political pressures to keep economic growth strong. An array of possible initiatives discussed by officials and state media ahead of this week's meeting of China's legislature include tightening water standards and taxing carbon emissions.
Lipton Brews $96M Deal To Stay In Suffolk
March 11, 2013 2:21 pm | by The Associated Press | News | CommentsThe parent company of the Lipton Tea is planning to invest more than $96 million to expand its Suffolk facility. Gov. Bob McDonnell announced the investment from Unilever on Monday. The largest tea processing facility in the U.S. employs nearly 300 in Hampton Roads.
Small Businesses Feel Sequester Pinch
March 8, 2013 1:45 pm | by CBS News | Videos | CommentsThe automatic sequester budget cuts are expected to slash $43 billion in defense spending over the next seven months - 8 percent of the Pentagon's budget. And, as CBS News' Ben Tracy reports, that will impact thousands of small businesses that work in the defense industry.
Toyota Chief Stresses Safe Growth
March 8, 2013 10:20 am | by Yuri Kageyama, AP Business Writer | News | CommentsAfter four tumultuous years bookended by an unprecedented recall crisis and a return to the top of the global auto industry, Akio Toyoda is refashioning Toyota Motor Corp. into a leaner company that's more imbued with the venture spirit of founder Kiichiro Toyoda, his grandfather.
Italy Protests Bridgestone Tire Plant Closure
March 8, 2013 10:15 am | by The Associated Press | News | CommentsItaly's labor minister is criticizing a decision by the Bridgestone tire company to close a plant in southern Italy as "serious and without reason." Corrado Passera protested in a letter to the Japanese company, released by the labor ministry Thursday, that the company had failed to work with authorities to find another solution.
Clashes At Goodyear Protest Of Factory Closure
March 7, 2013 12:25 pm | by The Associated Press | News | CommentsBurning the very fruit of their labor, workers from Goodyear clashed with police outside the tire-maker's French headquarters in a last-ditch attempt to save their jobs. Goodyear has been trying to restructure or close its plant in northern France for five years, saying tires made there no longer sell.
EU Probes Germany's Energy Discounts For Industry
March 6, 2013 2:23 pm | by The Associated Press | News | CommentsLarge electricity consumers were exempt from paying around €300 million ($390 million) in network charges last year alone — an arrangement that may put competitors in other member states at a disadvantage, said the Commission, which is also the 27-nation bloc's antitrust watchdog.
New Chinese Automaker Eyes European Market
March 6, 2013 2:19 pm | by Colleen Barry, AP Business Writer | News | CommentsA Geneva Motor Show newcomer is threatening to shake up the European automotive industry. Qoros, a joint venture between Chinese carmaker Chery Automobile Ltd. and an Israeli investor, previewed a compact sedan at the Geneva show that it aims to launch in eastern Europe later this year.
Factory Orders That Signal Investment Surge
March 6, 2013 2:18 pm | by Martin Crutsinger, AP Economics Writer | News | CommentsThe Commerce Department said Wednesday orders for so-called core capital goods, which also include equipment and computers, rose 7.2 percent from December. It was the biggest gain in more than a year and higher than the initial estimate the government made last week of a 6.3 percent.
Thailand Manufacturing Investments Accelerate In 2013
March 6, 2013 2:15 pm | by Joel Hans, Managing Editor, Manufacturing.net | News | CommentsPerhaps the largest new investment in Thailand for 2013 is a new Honda assembly plant worth 17.15 billion Baht ($570 million). The company says the new plant is necessary to keep up with demand for small cars in both the domestic and international markets, and is expected to begin production in April 2015.
Shell, BASF To Pay Workers Compensation
March 6, 2013 9:34 am | by The Associated Press | News | CommentsThe court says Tuesday on its website the companies agreed to a pay compensation of close to 180,000 reals ($90,000) to each of the 1,068 workers who were allegedly contaminated. They also agreed to provide workers with lifelong health plans valued at 200 million reals ($100 million).
Rockwell Automation Named One Of World’s Most Ethical Companies
March 6, 2013 9:31 am | by Business Wire | News | CommentsFor the fifth time, the Ethisphere Institute has named Rockwell Automation as one of the “World’s Most Ethical (WME) Companies,” a recognition that highlights companies that outperform industry peers when it comes to business ethics.
ConAgra, CHS, Cargill To Form Flour Milling Co.
March 5, 2013 10:34 am | by The Associated Press | News | CommentsConAgra Foods is combining its North American flour milling business with that of a joint venture of Cargill and CHS Inc. to create a new business that will be called Ardent Mills. The three companies say the deal announced Tuesday will create a business that will have a broader view of the marketplace and be able to serve their customers better.
U.S. Power Grid Costs Rise, But Service Slips
March 5, 2013 10:19 am | by Jonathan Fahey, Associated Press | News | CommentsAmerica's power grid is like an old car. It gets the job done, even if its performance is slipping. But the repair bills go up every year and experts say only a major overhaul will reverse its decline. An Associated Press analysis of utility spending and reliability nationwide found that electric customers are spending 43 percent more than they did in 2002 to build and maintain local electric infrastructure.
PC Sales To Continue Slide In 2013
March 5, 2013 10:09 am | by Peter Svensson, AP Technology Writer | News | CommentsSales of personal computers will continue to shrink this year after a grim 2012, as consumers flock toward tablets, research firm IDC said Monday. IDC expects global PC sales to contract 1.3 percent this year after falling 3.7 percent last year.
Toyota Europe Seeks Profits Through Efficiency
March 5, 2013 10:04 am | by Colleen Barry, AP Business Writer | News | CommentsToyota Europe will post for the first time in five years a profit from just its car business for the 2012 fiscal year thanks to cost-cutting and improved efficiency, the head of the regional division said on the eve of the Geneva Auto Show on Monday.
Hyundai Executive: Europe Needs To Close Plants
March 5, 2013 9:17 am | by The Associated Press | News | CommentsA Hyundai executive says it's unclear what will happen in the European car market this year because manufacturers still haven't gotten a handle on their overcapacity problem. In addition to the difficult economy, idle factory floors are weighing on European manufacturers. But stringent labor protections have meant few factories have closed in recent years.
Sierra Nevada Beats Beechcraft For Plane Contract
March 1, 2013 10:18 am | by Roxana Hegeman, Associated Press | News | CommentsThe U.S. Air Force awarded a high-stakes contract worth more than $427 million to Sierra Nevada Corp. on Wednesday, dealing a major blow to Wichita-based Beechcraft as it emerges from bankruptcy protection. Sierra Nevada, based in Sparks, Nev., will initially build 20 light air support planes for use in Afghanistan under a contract that could ultimately be worth nearly $1 billion.
The Automation Element Of Re-Shoring
March 1, 2013 8:08 am | by Joel Hans, Managing Editor, Manufacturing.net | Articles | CommentsAutomation GT, an automation design-and-manufacturing firm based out of Escondido, Calif., is at the forefront of the “re-shoring” trend that has been sweeping the American manufacturing landscape. The company, which has deployed automation solutions in a handful of industries has seen some of its largest clients put serious thought into the business case of bringing work back to America.
Chrysler To Invest $374M In The U.S.
February 28, 2013 2:16 pm | by Tom Krisher, AP Auto Writer | News | CommentsChrysler said it will invest nearly $400M and create 1,250 new jobs at transmission and metal casting factories in the Kokomo, Indiana, area. CEO Sergio Marchionne confirmed that Chrysler will spend $162M and add 850 new jobs at a former Getrag Transmission plant in nearby Tipton. The company will spend another $212M for equipment and tooling at three other factoring, creating 400 new jobs.
Caterpillar To Cut 1,400 Belgium Jobs
February 28, 2013 2:14 pm | by The Associated Press | News | CommentsConstruction equipment maker Caterpillar says it will cut more than one in three jobs at its Belgian plant because of high labor costs and sluggish growth in its European market. Caterpillar Inc. says Thursday it plans to cut 1,400 of the 3,400 jobs at its Gosselies plant south of Brussels alongside other measures aimed at restoring the site's competitiveness.
Tesla CEO Vows To Pay Off U.S. Loan Early
February 27, 2013 10:16 am | by Matthew Daly, Associated Press | News | CommentsThe chief executive of electric car maker Tesla Motors says his company plans to pay back an Energy Department loan in half the time required by the U.S. government. CEO Elon Musk said Tesla plans to pay off the $465 million federal loan in five years, rather than 10 years.
U.S. Gov't Starts To Sell Remaining Stake In GM
February 25, 2013 2:04 pm | by The Associated Press | News | CommentsThe U.S. government has started selling its remaining General Motors stock as it moves to end four years of partial ownership of the Detroit automaker. The Treasury Department said in its January report to Congress that it sold $156.4 million worth of GM common stock last month.
