Supply Chain & Logistics
FREE Email Newsletter
Daily industrial news and top headlines for plant and maintenance managers
Renew Growth, Eliminate Volatility With Dynamic Operations
October 8, 2012 12:57 pm | by Gary Godfrey and Russ Rasmus, Accenture | Articles | CommentsBy adapting their operations to flex with markets, smart manufacturers with global footprints are learning to profit from permanent volatility, while insulating themselves against downside risk and simultaneously moving with speed and agility to capitalize on opportunities as they arise.
Foxconn Denies Worker Unrest Slowing Production
October 8, 2012 10:27 am | by Didi Tang, Associated Press | News | CommentsFoxconn Technology Group denied on Saturday that production was affected at a Chinese factory that makes Apple's iPhones, although both state media and an overseas labor watch group said some workers halted production lines on Friday, apparently over higher quality control standards.
Parker Hannifin To Buy Velcon Filters
October 5, 2012 1:56 pm | by The Associated Press | News | CommentsParker Hannifin Corp. said Friday that it is buying Velcon Filters LLC from a private equity firm for an undisclosed price. The motion and control technology company said the acquisition will give it an edge in the filtration and replacement cartridge sales for the aviation, industrial fuel and industrial process filtration markets.
First Boeing 787 Made In SC Being Set For Delivery
October 5, 2012 9:57 am | by The Associated Press | News | CommentsThe first Boeing 787 manufactured in South Carolina is being delivered to Air India in a formal ceremony. The plane will be turned over to the airline in a ceremony on Friday at Boeing's North Charleston plant. The aircraft is then to fly out of Charleston International Airport sometime on Saturday.
Boeing Doubles Deliveries Of 787s In 3Q
October 4, 2012 2:39 pm | by The Associated Press | News | CommentsBoeing Co. said Thursday that it delivered 12 of its new 787s during the third quarter, as it speeds up production of its newest plane. The 787 deliveries were double the number Boeing delivered in the second quarter. It's building the planes both in Everett, Wash., and at a new line in North Charleston, S.C.
Boeing, GE Cement Order For 85 737s Worth $6B
October 3, 2012 2:17 pm | by The Associated Press | News | CommentsBoeing Co. and the commercial aircraft leasing and financing arm of General Electric Co. have agreed on a firm order for 85 737s. The planes are worth $6 billion at list prices, although discounts for major customers are common. The order includes 75 737 MAX 8s and 10 Next-Generation 737-800s.
Nissan Offers Leaf Discounts To Spur Sales
October 1, 2012 2:01 pm | by The Associated Press | News | CommentsNissan is offering cheap leases and big discounts on the Leaf because of slow U.S. sales of the all-electric car. Nissan Motor Co. sold only 4,228 Leafs this year through August, almost a third fewer than a year ago. It also has a big inventory of the cars nationwide. At the end of August it had enough 2012 models in stock to supply dealers for 114 days, according to Ward's AutoInfoBank.
Maker Of Japan's Bullet Train Chosen For U.S. Cars
September 27, 2012 1:57 pm | by The Associated Press | News | CommentsThe company that makes Japan's bullet train cars has been selected to manufacture a fleet of next generation passenger cars for Amtrak rail corridors in the Midwest and California. Illinois, Michigan, Missouri, and California are teaming up to buy the 130 bi-level cars for $352 million from a joint venture by Nippon-Sharyo and Sumitomo Corp. of America.
Paris Auto Show Opening Amid Deep Gloom
September 26, 2012 2:15 pm | by Greg Keller, AP Business Writer | News | CommentsEurope's carmakers could be forgiven for worrying that the slogan for this year's Paris Auto Show, "The Future, Now", is a threat of more hardship to come rather than a promise of prosperous times. Across the region, car sales are in their fifth straight year of decline and lots and factories are filling up with unsold cars.
Sitting With America
September 25, 2012 8:13 am | by Rachel Leisemann Immel, Associate Editor, IMPO | Blogs | CommentsSome buy American because they, as Americans themselves, think it’s simply the right thing to do. Some buy American because, to them, seeing the “Made in America” label means that they’re getting a superior product. Others, because they’ve heard the statistics outlining the importance of a strong manufacturing base in the U.S. Whatever the reason, I don’t think it can ever hurt to support an economy that makes such a difference.
Yaskawa Acquires Wermac Electric, Ltd.
September 24, 2012 10:46 am | by Yaskawa | News | CommentsThe Drives & Motion Division of Yaskawa America Inc. (YAI) is pleased to announce that it has acquired the business and operations of Wermac Electric Ltd. in Calgary, AB, Canada. Wermac is a 25-year partner with Yaskawa and has been an innovator and leader in applying Variable Speed Drives and Electrical Controls in the Oil & Gas industry.
U.S. Demanding Harsh Penalties For Price Fixers
September 20, 2012 1:41 pm | by Paul Elias, Associated Press | News | CommentsThe U.S. Department of Justice is demanding that a "remorseless" Taiwanese company pay a $1 billion fine and two former top executives each serve 10 years in prison for their roles as central figures in what prosecutors called the most serious price-fixing cartel ever prosecuted by the U.S.
U.S. And China Clash Over Free Trade
September 19, 2012 9:39 am | by Joe McDonald, AP Business Writer | News | CommentsThe U.S. government has challenged Chinese policies it says improperly subsidize exports of auto parts in violation of World Trade Organization free trade rules. The issue is politically sensitive at a time when Western governments are trying to boost exports, especially of higher-value industrial goods, to cut high unemployment.
Bentley Acquires Ivara To Redefine Asset Management
September 18, 2012 12:03 pm | by Bentley Systems | Articles | CommentsBentley Systems, Incorporated, dedicated to providing comprehensive software solutions for sustaining infrastructure, today announced that it has acquired Ontario, Canada-based Ivara Corporation, a leading provider of asset performance management software solutions for organizations in asset-intensive industries, including mining and metals, power generation and utilities, oil and gas, and petrochemical.
Japan Businesses In China Hit As Protests Rage
September 18, 2012 10:09 am | by Elaine Kurtenbach, AP Business Writer | News | CommentsScores of Japanese-owned factories and stores in China were shuttered Tuesday as anti-Japan demonstrations erupted in dozens of cities. At stake are billions of dollars in investments and far more in sales and trade between Japan and China, the world's third- and second-largest economies. The two are so closely entwined that both would suffer from any long-term disruptions.
Acquisition Bolsters Allied Reliability Group Service Offerings
September 13, 2012 3:55 pm | by Allied Reliability Group | Articles | CommentsAllied Reliability Group is pleased to announce the acquisition of ABB’s Reliability Consulting business in North America, originally known as HSB RT. The unit consists of 20 remote employees, all of whom will be fully integrated into GPAllied. The Reliability Consulting business unit will complement GPAllied’s current reliability consulting offerings.
Platinum Prices Jump As Mine Dispute Spreads
September 13, 2012 2:08 pm | by The Associated Press | News | CommentsThe price of platinum jumped nearly 3 percent Wednesday as protests spread at South African mines. Workers at a mine run by Anglo American Platinum appeared to go on strike, demanding higher wages. The company denied that the workers were on strike, but said it shut down its mines in the town of Rustenberg for safety reasons.
Q&A: Streamlined Packing Designs
September 13, 2012 11:15 am | Articles | CommentsBosch Packaging Systems has injected over 100 years of industry experience into their advanced packaging lines with a unique, uniform design principle. The recent fruits of their single design philosophy were formally unveiled last year. To find out more, we spoke with Detlef Gottstein, the responsible product manager from Bosch Packaging Systems, and the company’s consultant Prof. Sigmar Willnauer, an expert in Industrial Design.
Trumping Progress – How Money & Politics Corrupt Innovation
September 7, 2012 8:06 am | by Chris Fox, Associate Editor, PD&D | Blogs | CommentsHave you heard of Nikola Tesla? I’m sure most of you have. Just in case you haven’t, Tesla is arguably the most underrated and overlooked engineer of all time. He developed the alternating current, invented the bladeless turbine, built the first induction motor, and innovated the use of X-rays, to name just a few of his contributions. So, why is this guy just a paragraph in history books?
Japan, China Territorial Dispute Dampens Car Sales
September 6, 2012 12:02 pm | by The Associated Press | News | CommentsThe territorial dispute between Japan and China in the East China Sea has dragged down sales of Japanese cars in China, with most Japanese brands seeing a plunge in sales last month, a senior executive of Nissan Motor Co. said Thursday.
Australian Miner Gets Rare Earth Plant License
September 5, 2012 10:27 am | by The Associated Press | News | CommentsAustralian mining firm Lynas Corp. has been granted a temporary operating license by the Malaysian government to start running its rare earth refinery after months of delay due to public protests over fears of radioactive contamination.
Hong Kong Company Completes Purchase Of Saab
September 4, 2012 10:24 am | by The Associated Press | News | CommentsA Hong Kong-owned company says it has completed the acquisition of bankrupt car maker Saab and will move ahead with its business plan to make electric cars under the Swedish brand. National Electric Vehicle Sweden, or NEVS, said Monday it expects to introduce its first electric vehicle "in approximately 18 months."
The NEMA Premium Labeling Scheme
September 4, 2012 8:06 am | by Rob Boteler, Nidec Motor Corporation | Articles | CommentsThe original NEMA Premium labeling scheme was designed to simplify the identification and application of NEMA Premium efficient motors by end users and original equipment manufacturers (OEMs). Since its inception, the NEMA Premium mark has gained wide acceptance with motor buyers, utilities, and other specifying organizations.
IHI, Paul Wurth To Form Blast Furnace Joint Venture
August 31, 2012 11:50 am | by The Associated Press | News | CommentsIHI Corp. said Friday it will establish an equally owned company with Luxembourg firm Paul Wurth S.A., the world's largest blast furnace maker, on Nov. 1 to tap growing demand for steelmaking facilities in Southeast Asia, Australia and elsewhere.
Carlyle Buying DuPont Coatings Business For $4.9B
August 30, 2012 2:05 pm | by The Associated Press | News | CommentsThe Carlyle Group says it is buying DuPont's performance coatings business for $4.9 billion in cash, giving it another investment in the automotive and industrial segments. The private equity firm will also take on $250 million of DuPont's unfunded pension liabilities.
