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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

NE Governor Says Chinese Trade Trip Starts Well

July 30, 2012 2:28 pm | by The Associated Press | News | Comments

Heineman and officials from two Nebraska companies said Monday that several agreements between Chinese companies and Nebraska ones have already been signed.

Google: Made In The USA?

July 27, 2012 10:49 am | by Joel Hans, Editor, Manufacturing.net | Blogs | Comments

I simply don’t buy the idea that it’s impossible to make electronics in America at a competitive price.

Oklahoma Seeks Natural Gas Vehicles

July 25, 2012 1:38 pm | by The Associated Press | News | Comments

Oklahoma and 20 other states are asking U.S. auto manufacturers to produce compressed natural gas vehicles for state vehicle fleets.

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What Happened To Transflective Displays?

July 25, 2012 8:21 am | by Jason Lomberg, Technical Editor, Electronic Component News | Blogs | Comments

Like advanced technology vehicles and solid-state lighting, transflective displays entail a higher upfront cost for long-term savings.

Toyota Industries To Build Car Parts Test Course

July 24, 2012 2:10 pm | by The Associated Press | News | Comments

Toyota Industries Corp. will set up its own test course to speed up the development of key hybrid and electric car components including motors and AC-DC converters.

UTC To Sell Rocketdyne Unit For $550M

July 23, 2012 2:00 pm | by The Associated Press | News | Comments

United Technologies is selling its engine division unit to aerospace manufacturer GenCorp Inc. for $550M as the conglomerate raises money for its largest acquisition and solidifies its core aerospace business.

Manufacturing Problem Caused Ford Escape Recall

July 23, 2012 10:16 am | by Tom Krisher, AP Auto Writer | News | Comments

A manufacturing problem at a company that makes fuel lines forced Ford to recall thousands of its brand-new Escape small SUVs and tell owners to stop driving them right away.

GE Aviation Signs $180M Boeing Contract

July 16, 2012 1:46 pm | News | Comments

GE Aviation announced that they signed an agreement with The Boeing Company potentially worth up to $180 million to provide the mission control system for the U.S. Air Force’s KC-46A tanker.

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A New Kind Of Intelligence

July 12, 2012 4:28 pm | by Anna Wells, Executive Editor, IMPO | Articles | Comments

Our third annual iteration of the IMPO Energy Intelligence Report has followed an industry all the more hungry for cost savings. As industrial manufacturers work to propel their businesses forward, they must choose between investing in the equipment they need, or falling behind in the face of fierce domestic and global competition.

Parker Hannifin Buys Indian Filtration Business

July 10, 2012 1:55 pm | by The Associated Press | News | Comments

Parker-Hannifin Corp. said Tuesday it has acquired the filtration business of John Fowler (India) Private Ltd.

Chinese Firm To Buy Hawker Beechcraft

July 10, 2012 10:19 am | by Roxana Hegeman, Associated Press | News | Comments

Struggling aircraft maker Hawker Beechcraft announced Monday that it had reached a $1.79 billion "exclusivity agreement" with Superior Aviation Beijing for the sale of its business jet and general aviation operations in a deal that will save thousands of jobs in Kansas and Arkansas.

China Boosts State Firms As Entrepreneurs Struggle

July 9, 2012 2:16 pm | by Joe McDonald, AP Business Writer | News | Comments

Leaders have promised to help the private sector with more bank lending and other measures, but entrepreneurs say they have yet to see changes.

VW Shares Soar On Deal To Complete Porsche Merger

July 5, 2012 1:56 pm | by The Associated Press | News | Comments

Shares in Volkswagen AG soared higher on Thursday after Europe's biggest automaker announced a deal to complete the takeover of sports car manufacturer Porsche by the end of the month.

Fiat Raising Chrysler Stake

July 5, 2012 1:53 pm | by The Associated Press | News | Comments

Italian carmaker Fiat says it is consolidating its ownership of Chrysler by exercising an option to purchase around 3.3 percent of Chrysler equity from a trust fund that manages health care for pensioners.

Quaker Chemical Buys NP Coil Dexter Industries

July 3, 2012 1:53 pm | by The Associated Press | News | Comments

Quaker Chemical Corp. said Monday that it has purchased metal surface treatment products maker NP Coil Dexter Industries S.r.l.

Nippon Steel, Sumitomo Metal Finalize Merger Prep

June 26, 2012 2:04 pm | by The Associated Press | News | Comments

Nippon Steel Corp. and Sumitomo Metal Industries Ltd. said they've cleared the way for the establishment on Oct. 1 of the world's second-largest steelmaker.

Cabot Buying Norit For $1.1B

June 22, 2012 2:20 pm | by The Associated Press | News | Comments

Chemical and specialty products maker Cabot Corp. is buying Norit NV for $1.1 billion in order to strengthen its specialty chemicals portfolio.

3M To Buy Federal Signal Technology Business

June 22, 2012 10:02 am | by The Associated Press | News | Comments

Diversified manufacturing company 3M Co. said Thursday that it reached a deal to buy Federal Signal Corp.'s technology business for $110 million in cash.

China Defends Curbs On Rare Earths

June 20, 2012 10:08 am | by Joe McDonald, AP Business Writer | News | Comments

China on Wednesday defended its export curbs on rare earths used in high-tech products as an environmental measure and rejected a World Trade Organization challenge by the United States, Europe and Japan.

Nidec Buys 51 Percent Stake In Chinese Motor Maker

June 20, 2012 10:03 am | by The Associated Press | News | Comments

Nidec, which makes small motors for everything from car windows to copiers, is buying a 51 percent stake in the Chinese automotive motor company, Jiangsu Kaiyu Auto Appliance Co.

Lynas Clears Obstacle To Malaysia Rare Earth Plant

June 19, 2012 10:24 am | by Eileen Ng, Associated Press | News | Comments

Australian miner Lynas Corp. said it hopes to fire up a plant in Malaysia to process rare earths now that a parliamentary panel has ruled the project is safe.

Air Products & Chemicals Buying Indura Stake

June 19, 2012 10:18 am | by The Associated Press | News | Comments

Air Products & Chemicals Inc. is buying a majority stake in Chilean industrial gas company Indura SA for $884 million.

Malaysia Sets New Rules For Rare Earth Plant

June 15, 2012 10:06 am | by Eileen Ng, Associated Press | News | Comments

Malaysia's government has imposed two new conditions on a rare earth refinery set up by Australian miner Lynas to assuage public fears of radioactive pollution.

Billions Available To Manufacturers At Conference

June 14, 2012 12:49 pm | by Connecticut Innovations | News | Comments

Small Business Innovation Research & Global Trade Summit offers manufacturers the opportunity to secure billions in federal grants and commercial contracts.

Avoiding Risk By Automating Supply Chain Finance

June 13, 2012 4:00 pm | by Mike Schmidt. Associate Editor, Manufacturing Business Technology | Articles | Comments

The supply chain hasn’t always been a traditional area of responsibility for a company’s treasury department. However, more and more chief financial officers and treasury departments are finding that they can leverage technology to automate supply chain finance, avoid risk, and improve liquidity.

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