Supply Chain & Logistics
Subscribe to Supply Chain & Logistics
View Sample

FREE Email Newsletter

Daily industrial news and top headlines for plant and maintenance managers

Airbus Gets Biggest Order Ever From Indonesia

March 18, 2013 10:21 am | by Sarah DiLorenzo, Sylvie Corbet, Associated Press | News | Comments

Airbus signed its biggest deal ever on Monday, an order from Indonesian's Lion Air worth €18.4 billion ($24 billion) that President Francois Hollande said should inspire the struggling French economy and all of Europe. The CEOs of both companies signed the contract for 234 planes in a ceremony at the French presidential palace, a sign of its importance to the government.

Supply Chain Management Concerns And Solutions, Part 2

March 13, 2013 9:00 am | by Jon Minnick, Associate Editor, MBT | Articles | Comments

Manufacturers can take a segmented approach to supply chain implementations that is best suited to their business needs, budgets and time constraints. For many manufacturers, depending on the solution implemented, they can see results immediately; and begin to generate ROI and enterprise-wide value as quickly as three to four months.

Sumitomo Metal To Build New Rare Earth Plant

March 12, 2013 10:22 am | by The Associated Press | News | Comments

Sumitomo Metal Mining Co. said Monday it plans to build a pilot plant in the Philippines to extract scandium, a rare earth element used to enhance aluminum strength and in components for fuel cells and batteries. The plant will be set up later this year at Coral Bay Nickel Corp., a subsidiary on Palawan Island that produces nickel-cobalt mixed sulfide from minerals, which also contain a trace amount of scandium.


Supply Chain Management Concerns And Solutions, Part 1

March 12, 2013 9:00 am | Articles | Comments

Top supply chain issues facing manufacturers today are a result of the globalization of supply networks and the associated volatility, complexity and risk. Global supply chains are faced with volatility relative to raw materials, energy and commodities, compounded with a lack of understanding of where demand is coming from.

U.S. Relaxes Export Controls On Some Military Parts

March 11, 2013 10:15 am | by Josh Lederman, Associated Press | News | Comments

Taking its first concrete step to streamline outdated restrictions on military exports, the U.S. moved to make it easier for American companies to sell aircraft equipment and parts to overseas customers. The goal is to simplify the export process for U.S. manufacturers competing in the global market by treating non-sensitive products differently than things like jet fighters and missile launchers.

Gardner Denver Agrees To $3.73B Sale

March 8, 2013 10:30 am | by The Associated Press | News | Comments

Industrial pump maker Gardner Denver said Friday that it has agreed to sell itself to Kohlberg Kravis Roberts & Co. for about $3.73 billion. Under the terms of the agreement, the New York-based private equity firm will acquire the Wayne, Pa.-based company for $76 per share.

Countdown To REACH — Complying With Document Delivery Challenges

March 8, 2013 9:27 am | by Malcolm Carroll, Director, Reach Delivery | Articles | Comments

The aim of REACH is to improve and ensure the safe use of chemicals, and the one of the things that REACH does is make all parties in the supply chain — from manufacturers, distributors through to downstream users — directly responsible for the safety of the chemical substances they handle.

Manufacturing's Next Chapter

March 4, 2013 3:00 pm | by GEreports | Videos | Comments

At The Atlantic's event, leading experts talk about what they think are the main challenges of manufacturing and the way forward for the U.S. manufacturing industry. Leaders talk about lasers, programming our physical world and beyond. Jamie Tarabay from Ideas Laboratory reports.


Hostess Picks Grupo Bimbo To Buy Beefsteak Bread

March 1, 2013 4:41 pm | by The Associated Press | News | Comments

Hostess is choosing Mexico's Grupo Bimbo as the buyer for its Beefsteak bread brand. Hostess said a $31.9 million bid by the maker of Entenmann's cakes beat out another offer by Flowers Foods, which makes Tastykakes and Nature's Own bread. Beefsteak is a regional rye bread available in some states.

Danfoss To Buy The Rest Of Sauer-Danfoss For $692M

March 1, 2013 4:41 pm | by The Associated Press | News | Comments

Danfoss A/S, a Danish maker of valves and other machine parts, will buy the rest of U.S. company Sauer-Danfoss it doesn't already own for about $692 million after raising its offer. Danfoss owns 75.6 percent of Sauer-Danfoss Inc., which makes parts for tractors, backhoe loaders and other agricultural and construction equipment.

A Closer Look: Eaton’s 4Q With Partial Cooper Numbers

March 1, 2013 8:00 am | by Jack Keough, Contributing Editor, Industrial Distribution | Blogs | Comments

Industry analysts and manufacturers were eagerly waiting Eaton’s 4Q reporting as the diversified international manufacturer showed the partial results of its $13.2B acquisition of Cooper Industries. Eaton CEO, Alexander M. “Sandy” Cutler, had warned analysts last quarter that the reporting would be “complex” because the results would show only one month’s (December) numbers of Cooper on its 4Q report.

AL Looks To Limit Lawsuits For Airbus Suppliers

February 27, 2013 10:09 am | by Phillip Rawls, Associated Press | News | Comments

Now that Alabama is getting an Airbus manufacturing plant, state lawmakers want to prevent Airbus suppliers from setting up shop in neighboring states where it's not as easy for them to be sued. House and Senate committees voted unanimously Tuesday for legislation to limit lawsuits involving large commercial planes made in Alabama.

Moving To Cloud ERP: Three Strategic Reasons

February 27, 2013 8:08 am | by Kenandy Inc. | Articles | Comments

Product companies are facing significant challenges. Complex global supply chains have become the norm. Social data has changed the way people communicate. Supply chain velocity has exploded. Shorter order runs, compressed innovation cycles, faster decision making, on the spot judgment calls: companies have no choice but to move faster.  


Barnes To Sell Distribution Business For $550M

February 22, 2013 2:10 pm | by The Associated Press | News | Comments

Barnes Group Inc., which makes parts for aerospace and other industries, said Friday that it will sell its North American distribution business to MSC Industrial Direct Co. for $550 million. Shares of both companies rose on the news. Barnes Group also named a new chief executive officer and reported improved fourth-quarter earnings.

Integration For Strategic Sales And Operations Planning

February 22, 2013 8:08 am | by Shaun Phillips, product manager, sales and operations planning (S&OP), Infor | Articles | Comments

Few business leaders would argue that the ability to predict demand with precision is critical to the future success of their organization.  Surely, every CEO in the world would love the real world equivalent of a crystal ball?

Sustainability And The Supply Chain: How To Reduce Cost And Save The Environment

February 22, 2013 8:00 am | by Yves Leclerc, West Monroe Partners | Articles | Comments

From corporate offices to clothing manufacturers, most industries have begun to seriously invest in sustainability. As customers become increasingly aware of the conditions in which the products they buy are made and transported, organizations should pay closer attention to transforming their own supply chains for a greener good.

Rio Tinto Delays Production At UP Nickel Mine

February 20, 2013 1:41 pm | by The Associated Press | News | Comments

Company officials say they'll delay the start of nickel and copper production at the Rio Tinto Eagle Mine in Marquette County because of the economic situation and volatile commodities markets. Rio Tinto is continuing to build the mine and had planned to begin extracting minerals in early to mid-2014.

China Denounces U.S. Sanctions Against Companies

February 12, 2013 10:23 am | by The Associated Press | News | Comments

China on Tuesday denounced U.S. sanctions against a leading state arms maker and other companies over alleged illicit dealings with North Korea, Syria and Iran. The U.S. State Department on Monday said that Poly Technologies Inc. is among companies barred from dealing with the U.S. government or purchasing U.S. military hardware for two years.

HP Sets Labor Guidelines For Chinese Suppliers

February 11, 2013 2:30 pm | by The Associated Press | News | Comments

Hewlett-Packard Co., the world's largest personal computer maker, is vowing to crack down on its Chinese suppliers in an effort to reduce the use of low-paid student interns and other temporary workers. The guidelines unveiled Friday are the latest attempt by a major U.S. technology company to weed out labor abuses at Chinese factories that manufacture the gadgets for an Internet-connected world.

Reliance Buying Metals USA For About $766.1M

February 6, 2013 2:00 pm | by The Associated Press | News | Comments

Reliance Steel & Aluminum Co. is buying Metals USA Holdings Corp. for about $766.1 million. Reliance, which processes metals and distributes about 100,000 metal products, said Wednesday that it will pay $20.65 per Metals USA share. That's a 13 percent premium to Tuesday's closing price of $18.30.

Jamaica Breaks Ground On Rare-Earth Project

February 5, 2013 10:11 am | by David McFadden, Associated Press | News | Comments

Jamaican and Japanese officials on Monday launched a pilot project designed to investigate whether rare-earth elements can be commercially extracted from the island's bauxite waste. Researchers with Japan's Nippon Light Metal Co. Ltd. believe they have found high concentrations of rare-earth elements in the island's red mud, a byproduct of bauxite refining into alumina, the basic material for manufacturing aluminum.

Oracle To Buy Acme Packet For About $2.1B

February 4, 2013 1:39 pm | by The Associated Press | News | Comments

Oracle will buy Acme Packet Inc., which makes equipment for telecommunications companies, for about $2.1 billion. Acme's gear is used by more than 1,900 service providers and enterprises around the world. Its technology will complement Oracle's offerings for telecoms providers, said Citigroup analyst Walter Pritchard.

Kodak Completes Sale Of Digital Patents

February 4, 2013 10:07 am | by The Associated Press | News | Comments

Eastman Kodak Co. said Friday that it has completed the sale of its digital imaging patents for net proceeds of $527 million. The deal will help the struggling photo company repay loans and emerge from bankruptcy protection, which it expects will happen during the middle of this year. The company said it received final court approval last week for interim and exit financing.

Daimler Buys Stake In Chinese Automaker BAIC

February 1, 2013 1:41 pm | by The Associated Press | News | Comments

German luxury automaker Daimler AG said Friday it is buying a stake in the passenger car unit of its main Chinese partner to expand its presence in the world's biggest auto market. Daimler said it will pay 640 million euros ($875 million) for 12 percent of BAIC Motor, a unit of Beijing Automotive Industries Corp., with which it manufactures Mercedes Benz cars.

Fiat Industrial Sees Growth From U.S. Unit Merger

February 1, 2013 10:20 am | by Colleen Barry, AP Business Writer | News | Comments

Italian heavy-duty vehicles maker Fiat Industrial reported a 20 percent increase in fourth quarter profit Thursday and forecast revenue would increase 5 percent in 2013 as it completes the full merger with its U.S.-based farm and construction equipment maker, CNH.

You may login with either your assigned username or your e-mail address.
The password field is case sensitive.