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Daily industrial news and top headlines for plant and maintenance managers

Visteon Sells Automotive Lighting Unit For $92M

March 12, 2012 2:11 pm | by The Associated Press | News | Comments

Visteon said the sale will allow it to concentrate on making climate-control and electronics products for vehicle manufacturers and on its joint ventures.

iPad Dominates Due To Apple's Supply Deals

March 9, 2012 10:00 am | by Peter Svensson, AP Technology Writer | News | Comments

Apple certainly has lots of buzz and corporate cache behind its products, but there's a hidden — almost mundane — reason its newest iPad is likely to dominate the competition: the advantageous deals the company cuts with components manufacturers.

House Passes Bipartisan Bill To Help Startups

March 9, 2012 9:56 am | by Jim Abrams, Associated Press | News | Comments

House lawmakers on Thursday overwhelmingly passed a package of bills making it easier for small businesses and startups to raise the capital they need to grow and hire new workers.

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Alliances The Buzz Word For Europe Auto Survival

March 7, 2012 2:29 pm | by Colleen Barry, AP Business Writer | News | Comments

The brutal European car market is pushing many automakers to look for partners for new technology and access to fresh markets without reinventing the wheel.

Israel Stunned By Defense Contract Ban

March 7, 2012 2:25 pm | by The Associated Press | News | Comments

Israel says it is "surprised" by a decision by India's defense ministry to ban a leading Israeli weapons manufacturer from bidding on Indian defense contracts for the next decade.

Separated Rare Earth Oxides From Multiple Feedstocks

March 6, 2012 4:56 pm | Articles | Comments

IMC's plans to provide end-use consumers of rare earths with the opportunity to own production capacity for the specific rare-earth products that they need, without being locked into fixed prices.

Congress Approves Punitive Tariffs Against China

March 6, 2012 2:08 pm | by Jim Abrams, Associated Press | News | Comments

Congress is moving to reaffirm that the government has the right to impose higher tariffs on goods from countries that subsidize their exports to the United States.

Marchionne Urges EU To Move On Overcapacity

March 6, 2012 2:05 pm | by Colleen Barry, Associated Press | News | Comments

Fiat and Chrysler's CEO said that European officials need to provide a "concerted road map" for the auto industry to close idled plants — or risk the failure of European automakers.

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iPad Dispute Signals New Era In Trademark Troubles

March 6, 2012 10:10 am | by Elaine Kurtenbach, AP Business Writer | News | Comments

China's importance as a major consumer market is bringing fresh headaches for companies, and even celebrities, seeking to protect and claim brand names.

Panasonic Agrees To Sell TV Plant

March 5, 2012 1:46 pm | by The Associated Press | News | Comments

Panasonic has finalized an agreement on the sale of its liquid crystal display manufacturing plant to a new display venture to be created by the Innovation Network Corporation of Japan.

EU Group Protests China-Model Auto Purchase List

March 5, 2012 10:22 am | by The Associated Press | News | Comments

The European Chamber of Commerce in China said it is disappointed with a proposed list for official auto purchases that includes only car models from Chinese automakers.

Bankruptcy Threatens iPad Trademark Challenger

March 5, 2012 10:19 am | by Elaine Kurtenbach, AP Business Writer | News | Comments

A major creditor of Proview Electronics, which is challenging Apple's use of the iPad trademark, has moved to have the ailing computer monitor maker liquidated, reports said.

GM To Suspend Chevrolet Volt Production

March 5, 2012 10:12 am | by David Koenig, AP Business Writer | News | Comments

A GM spokesman said that the company will shut down production of the Volt from until April 23, idling 1,300 workers at the Detroit-Hamtramck assembly plant.

Kazakhstan's Air Astana Orders Boeing 787, 767

March 2, 2012 2:03 pm | by The Associated Press | News | Comments

Boeing said Air Astana has ordered seven planes, including three of its new 787s. The order would be worth $1.3 billion at list prices. 

Hitachi To Up Global Output Of Mining Machines

March 2, 2012 1:54 pm | by The Associated Press | News | Comments

Hitachi Construction Machinery Co. said it will construct new plants and expand existing plants to increase its production capacity amid robust global demand.

U.S. Still Interested In Brazilian Military Aircraft

March 2, 2012 10:03 am | by Jenny Barchfield, Associated Press | News | Comments

The U.S. is still interested in the Super Tucano aircraft, a State Department official said days after the Air Force said it was rescinding a $354M contract for such aircraft.

IN-Based Hybrid Startup Ceasing Operations

March 1, 2012 1:28 pm | by The Associated Press | News | Comments

A startup company that planned to manufacture hybrid delivery vehicles is ceasing operations, blaming "onerous" federal requirements executives say thwarted their efforts to secure a $450 million loan.

GM To Take Peugeot Stake As Part Of Alliance

March 1, 2012 1:26 pm | by Greg Keller, AP Business Writer | News | Comments

General Motors and France's PSA Peugeot Citroen, both struggling in Europe, unveiled the details of a strategic alliance that will see the U.S. auto giant take a small stake in Europe's No. 2 carmaker.

Taiwan Seeks Merger With Restructured Elpida

February 29, 2012 2:15 pm | by The Associated Press | News | Comments

Taiwan's government said it would push for the consolidation of the island's memory chip makers with Elpida Memory, days after the Japanese chipmaker filed for bankruptcy.

Japan Says It May Cancel F-35 Order If Prices Rise

February 29, 2012 10:14 am | by Eric Talmadge, Associated Press | News | Comments

Japan may cancel its multibillion-dollar plans to buy dozens of F-35 stealth fighter jets from the U.S. if prices continue to rise or delays threaten the delivery date, its defense minister said.

Boeing Delivers 747 To VIP Customer

February 29, 2012 10:09 am | by Joshua Freed, AP Airlines Writer | News | Comments

Boeing said on Tuesday that it's on track to deliver the first of its new 747s that will haul paying passengers early this year.

Chrysler Opens Mopar Operations In Argentina & Brazil

February 27, 2012 1:52 pm | by Chrysler Group LLC | News | Comments

After recently opening Mopar facilities in China and the United Arab Emirates, Chrysler today announced the opening of Mopar parts distribution centers in Argentina and Brazil . . .

Germany To Cut Subsidies For Solar Power

February 23, 2012 2:11 pm | by Juergen Baetz, Associated Press | News | Comments

Germany plans to reduce government subsidies supporting solar power by up to 30 percent within a year because higher-than-expected demand has made the scheme far more costly than authorities initially expected.

Microsoft Hits Motorola, Google With EU Complaint

February 22, 2012 2:04 pm | by Gabriele Steinhauser, AP Business Writer | News | Comments

Microsoft lodged a formal complaint with the EU's competition regulator against Motorola Mobility and its soon-to-be owner Google, saying Motorola's aggressive enforcement of patent rights against rivals breaks competition rules.

Community Colleges Offer Speed, High-Tech Skills

February 22, 2012 2:02 pm | by Justin Pope, AP Education Writer | News | Comments

Company president Kevin LaComb describes the school as concierge-style job training — exactly what his workers need to keep a quality advantage over lower-cost competitors overseas.

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