Sharp cuts in U.S. military spare parts orders are hurting United Technologies Corp.'s helicopter maker, Sikorsky, the chief financial officer said Tuesday, although he was more optimistic about prospects in Europe. CFO Greg Hayes told investor analysts that automatic U.S. federal budget cuts beginning in March could take a bigger bite out of profit in 2014 than the company initially expected.
To address coming workforce demographic changes, employers must create a corporate culture that promotes both safety and wellness. Healthy workers and a safe workspace reduce costs and increase productivity, so these efforts will be repaid fully.
Ford Motor Company is a global automotive industry leader, manufacturing or distributing vehicles across six continents. With 175,000 employees and 65 plants worldwide, the company has leveraged the dedication of its employees and UAW partnership to become more efficient, improve its product cadence, and be a more effective automotive industry competitor than ever before.
Eiji Toyoda, a member of Toyota's founding family who helped create the super-efficient "Toyota Way" production method, has died. He was 100. Toyoda, a cousin of the Japanese automaker's founder Kiichiro Toyoda, died Tuesday of heart failure at Toyota Memorial Hospital in Toyota city, central Japan, Toyota said in a statement.
The median age of the labor force is anticipated to increase rapidly, with one-third of the U.S. labor force turning 55 by 2015. This may have far-reaching implications on the number and type of work-related injuries experienced. Most companies are not prepared for these changing demographics.
Production and skilled trades workers at the General Motors assembly plant in Ingersoll, Ont., have ratified a contract agreement with the automaker. The 2,700 workers are members of Unifor, the new union created by the merger of the Canadian Auto Workers with the Communications, Energy and Paperworkers union.
Whether we like it or not, globalization has been a major factor in the staying power of many manufacturers. The practice of scattering production, jobs and plants across the globe has delivered great benefits to the consumer and the manufacturer. Companies have been able to squeeze as much efficiency as possible from the products they make so that what we desire is affordable and readily available.
Automated and robotic machines for manufacturing operations can pose design challenges. The expansion of automation into broader applications has spurred demand for smarter, more efficient drives, controls and software tools. Staying ahead of the technological curve requires leveraging state of the art tools.
Gov. Rick Perry and top executives are attending the opening of a Fort Worth plant where cellphone pioneer Motorola will produce the first smartphone ever assembled in the U.S. Motorola is owned by Google, whose Executive Chairman, Eric Schmidt, will be on-hand Tuesday, as will Motorola CEO Dennis Woodside.
Politicians love promoting "made in America" during an election season but tend to forget about it once the dust settles. And so, for all the praise of American manufacturing in the last campaign – by Democrats and Republicans alike – very little has actually been done. So what happened to a real competitiveness – and – jobs agenda?
Green Mountain Coffee Roasters Inc. said Thursday that it will cease production at its facility in Toronto and cut 120 jobs as it consolidates its Canadian production in Montreal. The Waterbury, Vt., company said it will move all of its Canadian coffee and portion-pack production to its facility in Montreal. It plans to end its operations in Toronto by March 5.
Toyota said Friday that it will spend $102 million to increase U.S. production of transmissions. The company said that it will boost its automatic-transmission assembly and machining capacity at its Buffalo, W. Va., plant, as well the capacity at its powertrain plant and Bodine Aluminum casting facilities in Missouri and Tennessee.
Motorola's new Moto X phone doesn't cost more to make simply because it's assembled in Texas, research firm IHS said. The Moto X is the first smartphone to carry the "Made in the U.S.A." designation. Labor costs are higher in the U.S. compared with Asian factories, where phones are typically made.
Supported by 1,400 new employees, the new Ford Fusion rolled off the line at Flat Rock Assembly Plant yesterday, marking the first time the popular car has been built in the United States. The move expands Fusion availability by more than 30 percent – up to 350,000 units annually – as the midsize sedan is setting sales records for Ford.
For the first time, Ford Fusion vehicles are being built just outside Detroit, a positive sign that the automotive industry is bringing production back to the United States. The company's Flat Rock, Mich., plant near Detroit will start making the Fusion Thursday. Ford hired a second shift of 1,400 new workers to make the Fusion at the plant, which also makes the Mustang sports car.
Each of us has a nemesis process; that process that we engage regularly and that drives us crazy because of its inefficiency, its guarantee to waste our time, and some variety of reasons that prevent it from being reasonably improved. Some of us have more than one.
Mazda, the longtime also-ran of Japanese automakers, says it came up with innovations in nearly every step of auto manufacturing for a super-efficient assembly line that rolls off vehicles at a stunning rate of one every 54 seconds. The revamped Hofu plant underlines how Mazda Motor Corp. has defied skeptics who predicted the automaker's demise after Ford Motor Co. ended a long partnership.
Jack Daniel's is being served a $100 million-plus expansion of its rural Tennessee distillery to flex more muscle in the growing whiskey market. The investment amounts to the largest single production expansion in the brand's long history.
Manufacturers are eager to streamline complex processes in an effort to produce significant cost and time savings while increasing overall productivity and profitability. However, streamlining long-established processes can be a daunting, time-consuming endeavor.
Our fourth annual Energy Intelligence Report will again bring IMPO readers the latest industry trends as it relates to plant energy use and overall business efficiency. This report has been designed to spark some ideas for cost savings measures, as manufacturers continue to face tightening budgets and competitive pressures. We hope you can find something of value as you look at your own plant floor and try to determine where to start.
If you are involved in quality and operations decisions for manufacturing or supply-chain management, one of your most important responsibilities is to ensure that the final output of your plant is in compliance with internal and external quality standards.This is not as easy as it sounds.
Twinkies are already back on shelves and now the new owners of Drake's cakes say Coffee Cakes, Devil Dogs, Ring Dings and Yodels will return next month. A spokesman for McKee Foods Corp. said the company plans to bring back the snack cakes in the third week of September. The company is still deciding whether to bring back Funny Bones.
Chrysler's manufacturing chief said Monday that a new midsize car should hit dealerships on time next year, following costly delays with recent product launches. Vice President Mauro Pino said the new model, a sorely needed replacement for the aging Chrysler 200, should reach showrooms as scheduled in the first quarter. The new car is scheduled to reach dealerships sometime in the first quarter of 2014.
Essar Steel Minnesota is delaying the opening of its Nashwauk taconite plant until the second half of 2014, company officials have confirmed. The plant originally was to open this fall with nearly 350 workers. But CEO and President Madhu Vuppuluri told the Star Tribune the opening is being delayed due to financing issues surrounding the company's decision last year to increase production from 4 million tons of taconite to 7 million tons.
Panasonic Corp. will increase domestic production of lithium-ion battery used for automobiles to meet robust demand in the United States, company sources said Thursday. The struggling electronics maker will resume operation of idled lines at an Osaka factory, which produces batteries for U.S. automaker Tesla Motors Inc.