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Daily industrial news and top headlines for plant and maintenance managers

Tech Savvy

July 8, 2013 8:01 am | by Jeff Reinke, Editorial Director | Articles | Comments

According to the business consulting firm Jones Lang LaSalle, there has been a significant uptick in the number of tech manufacturing jobs in the U.S. since 2001. One of the major reasons for expanding manufacturing to the U.S. stems from the desire to have factories closer to consumers and those who can then fix problems.

Illinois Tool Buys Chinese Kitchen Equipment Co.

July 3, 2013 2:05 pm | by The Associated Press | News | Comments

Industrial products and equipment maker Illinois Tool Works Inc. said Wednesday that it acquired a kitchen equipment maker that gives it access to China's cooking industry. Illinois Tool bought the company, Vesta, from the private equity firm Actis for an undisclosed sum.

U.S. Trade Deficit Widens To $45B In May

July 3, 2013 10:05 am | by Martin Crutsinger, AP Economics Writer | News | Comments

The U.S. trade deficit increased in May to the highest level in six months as a weak global economy depressed U.S. export sales while imports of autos and other nonpetroleum products hit an all-time high. The trade deficit rose to $45 billion in May, up 12.1 percent from April's $40.1 billion imbalance, the Commerce Department reported Wednesday. It was the largest trade gap since November.

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Nothin' But Blue Skies

July 3, 2013 8:01 am | by Rachel Leisemann Immel, Associate Editor, IMPO | Articles | Comments

After a car maker or a steel mill wears out a factory, extracts all the tax breaks a treasury will bear, and accumulates more obligations to its workers than the stockholders will bear, it flees town like a deadbeat husband, leaving a worn-out, exploited patch of land no else will touch. An industrial city follows the same life cycle as a boxer, or a prostitute.

Comprehensive Recall Protection, Inside And Out

July 2, 2013 8:01 am | by Joel Hans, Managing Editor, Manufacturing.net | Articles | Comments

In today’s business climate, in particular for many industries that serve consumers directly — think automakers, consumer packaged goods manufacturers, or pharmaceutical firms — operate under the assumption that they’ll be subjected to a recall incident at some point.

China Launches EU Dumping Investigation

July 1, 2013 2:10 pm | by The Associated Press | News | Comments

China's Commerce Ministry announced Monday it has launched a formal investigation into claims that European Union countries are selling wine at unfairly low prices, as a prolonged dispute over Chinese solar power products continues to affect trade relations. The ministry said in a notice late Monday that it had accepted the complaint brought by the Chinese wine industry in May following a review.

Hollande: U.S. Spying Threatens Free-Trade Talks

July 1, 2013 2:06 pm | by Frank Jordans, Sarah DiLorenzo, Associated Press | News | Comments

French President Francois Hollande demanded on Monday that the United States immediately stop its alleged eavesdropping on European Union diplomats and suggested that the widening surveillance scandal could derail free-trade negotiations worth billions. The Obama administration is facing a breakdown in confidence from key allies over secret surveillance programs that reportedly installed covert listening devices in EU offices.

Alcoa To Close Smelter To Stay Competitive

July 1, 2013 10:03 am | by The Associated Press | News | Comments

Aluminum giant Alcoa said Friday that it will close a smelting facility in Italy, its latest move to trim costs as it grapples with lower aluminum prices. Alcoa was already tamping down production at the Fusina smelter in Venice, Italy, three years ago, citing weak aluminum prices and the need to stay competitive.

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U.S. Set To Suspend Bangladesh Trade Privileges

June 27, 2013 1:53 pm | by Matthew Pennington, Associated Press | News | Comments

The United States is expected to suspend trade privileges for Bangladesh because of concerns over labor rights and worker safety that intensified after hundreds died there in the global garment industry's worst accident. Congressional aides said the Obama administration would make its announcement Thursday, the culmination of a yearslong review of labor conditions in the impoverished South Asian nation.

TPS Accelerates Meals Per Hour

June 27, 2013 8:02 am | by HENRYand REL Supermarche | Videos | Comments

Take a look at how a non-profit implemented Toyota's legendary production system (TPS) to increase the number of meals distributed to people who are still affected by Superstorm Sandy. Implementing this Kaizen event has made meal delivery in the still recovering area more efficient than ever before.

Court Makes It Harder To Sue Businesses

June 26, 2013 10:00 am | by Jesse J. Holland, Associated Press | News | Comments

A divided Supreme Court on Monday decided to make it harder for Americans to sue businesses for retaliation and discrimination, leading a justice to call for Congress to overturn the court's actions. The court's conservatives, in two 5-4 decisions, ruled that a person must be able to hire and fire someone to be considered a supervisor in discrimination lawsuits, making it harder to blame a business for a co-worker's racism or sexism.

A Supply Chain With No Weak Links

June 26, 2013 8:03 am | by Rowmark | Articles | Comments

Despite the ever looming concern about high fuel prices, there is still booming interest in many motorsports vehicles and products. Over the past several years, Sportech, Inc. has experienced an explosive increase in demand for their Thermoplastic Polyolefin (TPO) parts for original equipment manufacturers of motorcycles, snowmobiles, ATVs, and other off-road vehicles.

SAS Plans To Buy 12 New Aircraft From Airbus

June 25, 2013 1:54 pm | by The Associated Press | News | Comments

Scandinavian airline SAS says it plans to order 12 new planes from Airbus in a deal valued at $3.3 billion at list prices. SAS said Tuesday it has signed a memorandum of understanding — short of a firm order — for eight A350 and four A330 planes as part of a renewal of its long-haul fleet.

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Indiana City Works On Deal To Sell Factory For $1

June 25, 2013 10:08 am | by The Associated Press | News | Comments

An eastern Indiana city could sell a large empty factory to a company for $1 as part of a deal for it to hire more than 300 workers. Connersville's city council and redevelopment commission approved resolutions Monday night giving the company three months to decide whether to finalize the agreement.

June 2013: Taking Manufacturing High Tech

June 24, 2013 2:32 pm | Digital Editions | Comments

Check out some of the latest in high tech manufacturing, including the manufacturing software environment and its growing ability to gather and analyze more data, manufacturing automation's march to dominate the plant floor, the importance of reliable material handling information to track the plant of the future, and the cost-saving implications of monitoring and managing facility energy usage.

EU-China Solar Panel Dumping Talks Continue

June 21, 2013 10:10 am | by The Associated Press | News | Comments

The European Union's trade commissioner said Friday that the EU and China are seeking a negotiated settlement to resolve a solar panel dumping dispute as quickly as possible. Karel De Gucht told reporters in Beijing that there had been no breakthroughs so far in talks and warned that such disputes are rarely resolved overnight.

Retaining Your Number One Asset: Employees

June 21, 2013 8:08 am | by Maria Ferrante, Vice President, Education & Workforce Development, PMMI | Articles | Comments

There is one absolute that applies to every company, independent of industry: You cannot expect to operate efficiently without dedicated and skilled employees. When looking at the manufacturing industry specifically, finding a highly skilled workforce has proven to be one of the greatest challenges.

Export Revival Underway For Small Businesses

June 20, 2013 10:30 am | by Joyce M. Rosenberg, AP Business Writer | News | Comments

When Lawrence Scheer began selling baby clothes in 2010, he didn't realize it then, but he was on the leading edge of a recovery in small business exports. Scheer's company, Magnificent Baby, manufactures its products in China and then sells them in about 20 countries around the world.

Leading 3D Printer Firms To Merge In $403M Deal

June 20, 2013 10:28 am | by The Associated Press | News | Comments

Stratasys, a leading maker of 3D printers, is buying another 3D printer manufacturer, MakerBot, for $403 million in stock. Stratasys Ltd. said Wednesday the acquisition will enable it to offer affordable desktop 3D printers. MakerBot, whose machines are priced around $2,000 to $3,000 and are aimed at the "prosumer" market, sells direct to buyers over its website.

U.S. Senators Introduce Export Bill

June 19, 2013 2:18 pm | by The Associated Press | News | Comments

U.S. Sens. Jeanne Shaheen and Kelly Ayotte are teaming up to help small businesses make the most of their export opportunities. The senators on Tuesday reintroduced the bipartisan Small Business Export Growth Act, which is aimed at cutting down on bureaucratic hurdles and giving businesses more exporting assistance.

U.S. Gave Up On Manufacturing For Short Term Profits

June 18, 2013 8:05 am | by PD&D | Articles | Comments

Bio-Chem Fluidics' new Vice President of Operations, Joe Turiello, says that the United States on the whole seems way too willing to give up its manufacturing capabilities for short term profits. PD&D caught up with Turiello to talk to him about his new position, the future of Bio-Chem, and his thoughts on the industry.

KPMG: Global Manufacturers Lack Supply Chain Visibility Beyond Tier 1 Suppliers

June 17, 2013 4:51 pm | by KPMG LLP | Articles | Comments

Global manufacturers are putting their supply chains at the center of their business strategies to serve as the foundation for operational efficiency and collaborative innovation, according to KPMG’s 4th annual Global Manufacturing Outlook: Competitive Advantage – Enhancing Supply Chain Networks for Efficiency and Innovation, which surveyed 335 C-level executives globally, including 95 in the U.S.

Boeing's 787 Nightmare Is Over

June 17, 2013 1:46 pm | by CNN Money | Videos | Comments

It wasn't that long ago that the Boeing 787 was having some problems with its battery, leading to many airlines grounding their 787s. Now, the Dreamliner maker's stock is the 2nd best performer in the Dow this year as worries about Boeing's 787 battery problems fade.

Fiat: Supplier Delays Will Force Shutdowns

June 12, 2013 1:36 pm | by The Associated Press | News | Comments

Italian carmaker Fiat says it will temporarily stop production at some European car plants in the coming days due to insufficient deliveries of plastic parts. Fiat said in a statement Wednesday that more than 5,500 vehicles can't be completed due to missing components from the Italian supplier Selmat, creating an "unmanageable" backlog.

ITW To Acquire Meurer Group

June 10, 2013 10:21 am | News | Comments

Illinois Tool Works Inc. (NYSE: ITW) has announced that it has signed a Definitive Purchase Agreement to acquire 100 percent of the Meurer Group located in Furstenau Germany. Meurer is a well-known supplier of secondary packaging equipment to the FMCG (Fast Moving Consumer Goods) markets worldwide.

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