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

FREE Email Newsletter

Daily industrial news and top headlines for plant and maintenance managers

Cytec To Sell Coating Resins Business For $1.03B

October 9, 2012 2:08 pm | by The Associated Press | News | Comments

Chemical coating maker Cytec Industries Inc. said Tuesday it has agreed to sell its coating resins business to private equity firm Advent International for $1.03 billion. The Woodland Park, N.J.-based company said the sale will allow it to focus on its high-growth areas of advanced materials and separation technologies, boosting returns for its shareholders.

Shale Gas Market Expansion Bolstering U.S. Outlook

October 9, 2012 2:02 pm | by PwC | News | Comments

The expansion of the shale gas market could potentially drive significant benefits to the U.S. chemicals industry, including decreased raw material and energy costs, according to a new report by PwC. Another recent PwC report estimated that the potential impact of shale gas on U.S. manufacturing could enable U.S. manufacturers to lower their raw materials and energy costs as much as $11.6B annually by 2025.

First Boeing 787 Made In SC Flying Into Service

October 9, 2012 10:30 am | by The Associated Press | News | Comments

The plane that was formally delivered to Air India in a ceremony last week flew out of the Charleston International Airport on Monday. The plane is the first assembled at the Boeing assembly plant in North Charleston that opened more than a year ago. The plane, the 28th 787 manufactured by Boeing, made its maiden test flight over the Atlantic Ocean last spring.


Parker Completes Auto Air Conditioning Sale

October 8, 2012 2:12 pm | by The Associated Press | News | Comments

Parker-Hannifin, which makes industrial hoses, airplane wheels and other products, says it has closed on the sale of the automotive air conditioning business of its mobile climate systems unit to Germany's ContiTech AG. The deal was announced in August. ContiTech said that the transaction would help strengthen its presence in Asia.

Renew Growth, Eliminate Volatility With Dynamic Operations

October 8, 2012 12:57 pm | by Gary Godfrey and Russ Rasmus, Accenture | Articles | Comments

By 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 | Comments

Foxconn 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 | Comments

Parker 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 | Comments

The 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 | Comments

Boeing 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 | Comments

Boeing 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 | Comments

Nissan 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 | Comments

The 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 | Comments

Europe'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 | Comments

Some 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 | Comments

The 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 | Comments

The 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 | Comments

The 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 | Comments

Bentley 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 | Comments

Scores 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 | Comments

Allied 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 | Comments

The 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 | Comments

Bosch 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 | Comments

Have 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 | Comments

The 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 | Comments

Australian 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.

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