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Daily industrial news and top headlines for plant and maintenance managers

Port Officials Accuse Workers of 'Stifling Productivity' Amid Labor Dispute

January 14, 2015 2:09 pm | by Andrew Szal, Digital Reporter, IMPO | News | Comments

Officials representing West Coast ports on Monday alleged dockworkers have deliberately ground shipments at several large ports to a near-halt amid an ongoing labor dispute.                      

What Do Obama and Auto Executives Think About Low Gas Prices?

January 13, 2015 10:19 am | by Maura Falk, Associate Editor | News | Comments

See what the nation's chief executive President Obama, and some major auto executives have to say about lower gas prices and how they will effect the consumer and the auto industry as a whole.

The Big Winners and Losers in a World With Cheap Oil

January 9, 2015 11:56 am | by Bloomberg News | Videos | Comments

Oil prices have continued their descent in the face of a global supply glut. PwC's UK head of oil and gas told Bloomberg the winners and losers of cheap oil are becoming increasingly clear.                 

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5 Steps To Creating a Culture of Product Safety

January 8, 2015 2:34 pm | by Mike Rozembajgier | Articles | Comments

Creating a culture of product safety within an organization is a strong line of defense against recalls. But how is this accomplished? Here are five tips to help you shift your organization from complacent to compliant.         

U.S. Trade Deficit Hits 11 Month Low

January 7, 2015 9:53 am | by Martin Crutsinger, The Associated Press | News | Comments

The U.S. trade deficit fell in November to the lowest level in 11 months as crude oil imports dropped to a two-decade low.                                     

How Long Before Oil Prices Recover?

January 6, 2015 9:25 am | by Meagan Parrish, Editor, Chem.Info | Videos | Comments

No matter where you fall in this mix of hope and dread, the big question is: How long will it last? Here, Dan Dicker, an OilPrice.com senior contributor, weighs in on falling oil prices.                   

Manufacturing Outlook for 2015: Q&A with Matthew B. Elliott

December 29, 2014 1:02 pm | by Jeff Reinke, Editorial Director | Articles | Comments

Editorial Director Jeff Reinke discussed the outlook for manufacturers in 2015 with Matthew B. Elliott, Michigan State President, Global Commercial Banking, Bank of America Merrill Lynch. They talked about upcoming trends, the skilled labor shortage, and domestic expansion.

MO Becomes First State to See Average Gas Price Below $2

December 29, 2014 9:43 am | by The Associated Press | News | Comments

Missouri became the first state Friday to have an average statewide gas price fall below $2 per gallon since 2009, while Oklahoma's average was expected to drop below that threshold sometime over the weekend, according to AAA.       

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2014 U.S. Economy Began Shaky, Finished Strong

December 29, 2014 9:25 am | by Josh Boak, The Associated Press | News | Comments

More than five years removed from the Great Recession, worries had taken hold at the start of the year that perhaps the world's largest economy had slid into a semi-permanent funk. But consumers, businesses and investors, after enduring a brutal winter, showed renewed vigor as the year wore on and set the United States apart from much of the world.

Flying High: Airstream Can't Keep up With Demand

December 26, 2014 1:35 pm | by Mitch Stacy, The Associated Press | News | Comments

Not only are the retro-looking "silver bullet" Airstream travel-trailers still being built by hand at the same western Ohio site that has produced them for 60 years, but the company also can't roll them out of there fast enough to meet the demand these days.

MAPI Analysis on Durable Goods Drop

December 26, 2014 9:30 am | by Daniel J. Meckstroth, Vice President, Chief Economist, MAPI | News | Comments

The Census Bureau reports that new orders for durable goods in November fell 0.7%, following 0.3% growth in October and 0.7% decline in September.                             

Coming Soon: Cuba Libre, With Real Cuban Rum

December 23, 2014 11:29 am | by Jennifer Kay, Associated Press | News | Comments

U.S. rum aficionados are abuzz over the possibility of mixing a Cuba Libre with authentic Cuban rum, now that they will be able to bring home liquor distilled in the communist nation.                   

First Drone in Test Program Crashes in Nevada

December 22, 2014 10:48 am | by Ken Ritter, The Associated Press | News | Comments

"This is still a great day for Nevada," Gov. Brian Sandoval said after the orange aircraft dubbed the Sensurion Magpie was launched by hand, flew about 10 feet and plunged nose-first to the desert floor.        

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7 Alternate Causes Behind Manufacturing Inventory Shortages

December 19, 2014 4:19 pm | by SDC CPA, LLC | Articles | Comments

For manufacturers, employee theft isn’t the only potential problem. Complex production processes and the sheer volume of products and materials in your warehouse can make it hard to get a handle on your inventory. That can result in inventory shrinkage, where the actual number of items on your shelves is lower than the number of recorded items.

U.S. Agriculture Has Big Appetite for Cuba Trade

December 19, 2014 2:45 pm | by Steve Karnowski, The Associated Press | News | Comments

U.S. agriculture has a big appetite for freer trade with Cuba. From wheat to rice to beans, the industry stands to be one of the biggest beneficiaries of President Barack Obama's plan to ease economic and travel restrictions imposed against the communist-ruled island.

Why Oil is Down by Half, What it Means for You

December 16, 2014 9:32 am | by Jonathan Fahey, The Associated Press | News | Comments

The price of oil has fallen by nearly half in just six months, a surprising and steep plunge that has consumers cheering, producers howling and economists wringing their hands over whether this is a good or bad thing.         

Achieving End-to-End Supply Chain Efficiency with Color Labeling

December 15, 2014 1:33 pm | by Andy Scherz, Senior Product Manager, Epson America | Articles | Comments

A simple, but extremely effective way to increase efficiency is to use on demand color printers during label production. Increased productivity gained at this stage of manufacturing will set the base for additional efficiency to occur along the supply chain, specifically in warehouse management and shipping for both the manufacturer and the retailer.

Manufacturing in New York Contracts in December

December 15, 2014 10:25 am | by Christopher Rugaber, The Associated Press | News | Comments

Manufacturing activity in New York state shrank in December for the first time in nearly two years, pulled down by a drop in orders and shipments.                             

Go Lean in 2015: No Manufacturer is too Small to Benefit

December 15, 2014 10:03 am | by Dave Lechleitner, Principal, Product Marketing at Exact | Articles | Comments

If you embrace lean manufacturing as part of your company’s overall business strategy, long-term strategic benefits are possible including increased profits, decreased costs and long-term efficiency gains.             

Exxon Sees Abundant Oil, Gas Far Into Future

December 10, 2014 1:55 pm | by Jonathan Fahey, The Associated Press | News | Comments

North America, once a sponge that sucked in a significant portion of the world's oil, will instead be supplying the world with oil and other liquid hydrocarbons by the end of this decade, according to ExxonMobil's annual long-term energy forecast.

U.S. Trade Deficit Drops to $43.4 Billion

December 5, 2014 10:04 am | by Martin Crutsinger, The Associated Press | News | Comments

The U.S. trade deficit fell slightly in October as exports rebounded while oil imports dipped to the lowest level in five years.                                   

U.S. Durable Goods Order on the Rise

November 26, 2014 9:41 am | by Martin Crutsinger, The Associated Press | News | Comments

Orders for durable goods increased 0.4 percent last month following a 0.9 percent drop in September and an even bigger 18.3 percent plunge in August, the Commerce Department reported Wednesday. The two months of declines reflected big swings in the volatile category of commercial aircraft.

Ready. Set. Reshore. The Challenges (and Rewards) of Onshoring

November 26, 2014 9:31 am | by Noreen King | Articles | Comments

To meet the growing demand that reshoring will bring, I believe that contract manufacturers here in the U.S. should focus on two things: Reducing the lead-time of production and improving supply chains.             

Japan Recession Could Slow U.S. Companies

November 19, 2014 9:44 am | by Matthew Craft, The Associated Press | News | Comments

Japan has slipped back into a recession for the second time in two years. That could mean more trouble for a range of U.S companies and industries that count on the country for sales.                   

Port Labor Battle Could Slow Holiday Shipments

November 14, 2014 2:57 pm | by CBS News | Videos | Comments

There are growing concerns that a slowdown at one of the country's busiest ports in Long Beach could hit holiday shipments. Business could come to a halt on the West coast, as a battle threatens to stop crucial imports.         

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