BP is selling part of its stake in an emerging oil-producing region in the Gulf of Mexico to Chevron, and the two companies, along with Conoco Phillips, will work to develop the fields together.
A leading global automotive supplier plans to build a new facility in McMinn County, Tennessee that's expected to create as many as 400 new jobs.
U.S. Steel warns employees that more layoffs may be coming down the road. The locations in question are the steel processing plant in Birmingham as well as a plant in Lone Star, Texas.
Dean Foods says it will close its 100 year old dairy plant in Sheboygan in an effort to consolidate operations.
The union representing auto workers at General Motors' Oshawa, Ont., plant says the company must decide now what will happen to its operations there instead of waiting until after the next contract negotiations.
Medford's last milk processing plant is closing; the Seattle-based Darigold says it would cost too much to upgrade the plant to meet food safety, employee safety and environmental regulations.
Amid falling oil prices, a South Africa-based energy company is delaying final plans for a $14 billion gas-to-liquid plant in Louisiana.
Pabst shut down its brewery in Milwaukee nearly 20 years ago. But now its current owner and CEO, Eugene Kashper, is looking for a location in Milwaukee to open a pilot brewery where new products could be made and sampled.
Many industries, especially manufacturing, are discovering that business intelligence and more efficient use of large amounts of data help them become more agile and better equipped to respond to ever-changing markets. As a result, many companies have concluded that their legacy ERP systems are simply not up to the task, and these same companies are finding the ideal business solution in cloud-based ERP systems.
If there’s one thing the Great Recession taught manufacturers, it’s that there are wasted dollars hiding everywhere. According to Grainger, some of the sweetest low hanging fruit for a cost conscious company is actually in your MRO inventory… and a lack of understanding of how quickly (or slowly) this inventory turns can result in a significant number of operating dollars being tied up at any given time.
When people think of the supply chain, they think trucking and warehouse. On the front lines, they see a need to be physically strong. They see a male-centric role. We don’t necessary think women can do things in the supply chain. We need for people to think differently.
This year, the cost of a thirty second Super Bowl ad is approximately $4.5 million, $500,000 more than last year. While this price tag would be a deterrent for many, one manufacturer is willing to spend their entire year's advertising budget for the exposure.
Take a look at IMPO's Photo of the Day to catch a glimpse of the footballs being manufacturered for Super Bowl XLIX.
Forklift fleets offer significant opportunities for warehouses and distribution centers to improve their eco-efficiency. One way is to convert from forklifts powered by internal combustion (IC) to electric lift trucks.
A year after an explosion ripped apart the JNS Biofuel plant, the rebuilt plant in New Albany has all the permits it needs to reopen. However, state and local officials don't know when that will happen.
The founder of a popular yogurt company is in prison after admitting he set the production plant ablaze in a fit of anger over investors' handling of the company.
Going against the gluten-free fad, Portland, Oregon-based Dave's Killer Bread has gained legions of fans for its seeded, nutritious sandwich lovers. Now it has plans to expand to every state in the U.S. by the end of 2015.
A third group is withdrawing its support of Public Service Co. of New Mexico's plan to shut down half of the coal-fired San Juan Generating Station near Farmington.
U.S. Steel this week announced 545 layoffs, bringing its January job cut total to more than 1,000 as the industry reels from the decline in oil prices.
Meet the new job requirement for industrial facility and IT operations professionals — extrasensory perception, a.k.a. ESP.
U.S. Steel says it will lay off more than 350 workers in East Chicago, Indiana, as it plans to temporarily close its tin mill.
Unions representing aerospace workers in Washington state are backing legislation to place conditions on industry tax credits, drawing the ire of one of the state's flagship companies.
Doug McIntyre talks about which companies are filing patents for new technology and leading the way in innovation.
A newly released survey showed top U.S. manufacturing executives were increasingly optimistic about the national economy heading into 2015 — and that many planned to increase their workforces this year.
Using the data from three lathes in your plant to predict reliability is possible, but using the data from thousands of lathes in operation around the world adds a whole other layer of confidence in the prediction. This is the reason so many manufacturing equipment OEMs are beginning to offer reliability services as part of their product offering.