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Daily industrial news and top headlines for plant and maintenance managers

U.S. Gave Up On Manufacturing For Short Term Profits

June 18, 2013 8:05 am | by PD&D | Articles | Comments

Bio-Chem Fluidics' new Vice President of Operations, Joe Turiello, says that the United States on the whole seems way too willing to give up its manufacturing capabilities for short term profits. PD&D caught up with Turiello to talk to him about his new position, the future of Bio-Chem, and his thoughts on the industry.

KPMG: Global Manufacturers Lack Supply Chain Visibility Beyond Tier 1 Suppliers

June 17, 2013 4:51 pm | by KPMG LLP | Articles | Comments

Global manufacturers are putting their supply chains at the center of their business strategies to serve as the foundation for operational efficiency and collaborative innovation, according to KPMG’s 4th annual Global Manufacturing Outlook: Competitive Advantage – Enhancing Supply Chain Networks for Efficiency and Innovation, which surveyed 335 C-level executives globally, including 95 in the U.S.

Boeing's 787 Nightmare Is Over

June 17, 2013 1:46 pm | by CNN Money | Videos | Comments

It wasn't that long ago that the Boeing 787 was having some problems with its battery, leading to many airlines grounding their 787s. Now, the Dreamliner maker's stock is the 2nd best performer in the Dow this year as worries about Boeing's 787 battery problems fade.

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Fiat: Supplier Delays Will Force Shutdowns

June 12, 2013 1:36 pm | by The Associated Press | News | Comments

Italian carmaker Fiat says it will temporarily stop production at some European car plants in the coming days due to insufficient deliveries of plastic parts. Fiat said in a statement Wednesday that more than 5,500 vehicles can't be completed due to missing components from the Italian supplier Selmat, creating an "unmanageable" backlog.

ITW To Acquire Meurer Group

June 10, 2013 10:21 am | News | Comments

Illinois Tool Works Inc. (NYSE: ITW) has announced that it has signed a Definitive Purchase Agreement to acquire 100 percent of the Meurer Group located in Furstenau Germany. Meurer is a well-known supplier of secondary packaging equipment to the FMCG (Fast Moving Consumer Goods) markets worldwide.

Royalty Pharma Raises Offer To Buy Drugmaker Elan

June 7, 2013 12:34 pm | by Tom Murphy, AP Business Writer | News | Comments

Shares of Elan Corp. PLC jumped Friday after Royalty Pharma once again raised its offer to buy the Irish drugmaker in an increasingly bitter takeover fight. Royalty said it will now pay $13 in cash for each Elan share, and it will give stockholders the right to receive up to an additional $2.50 per share in milestone-based payments. That's up from a previous bid of $12.50 per share.

Chinese Solar Panel Makers Face New Taxes

June 6, 2013 1:14 pm | by CNN Money | Videos | Comments

European Union Trade Commissioner Karel De Gucht speaks about the European Commission's new tax on Chinese solar panel manufacturers and the possibility of a trade war. De Gucht talks about what this means for trade between China and the European Union.

ITC Rules For Samsung, Bans iPhone 4 Imports

June 5, 2013 2:19 pm | by Peter Svensson, AP Technology Writer | News | Comments

A U.S. trade agency on Tuesday issued a ban on imports of Apple's iPhone 4 and a variant of the iPad 2 after finding the devices violate a patent held by South Korean rival Samsung Electronics. Because the devices are assembled in China, the import ban would end Apple's ability to sell them in the U.S.

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Study IDs Possible New WY Rare Earths Sources

June 5, 2013 10:00 am | by Mead Gruver, Associated Press | News | Comments

A new study by the Wyoming State Geological Survey has identified dozens of possible sources of rare earth metals in Wyoming in addition to deposits in the Bear Lodge Mountains that a company already has targeted for mining. State geologists gathered and analyzed 335 rock samples from around Wyoming over the past year, making use of $200,000 appropriated by the Legislature.

EU Slaps Levies On Chinese Solar Panel Imports

June 4, 2013 1:55 pm | by Juergen Baetz, Associated Press | News | Comments

The European Union announced Tuesday that it is imposing anti-dumping levies on imports of Chinese solar panels, in a move that could trigger a trade war between two of the world's largest economies. EU Trade Commissioner Karel De Gucht said the 27-nation bloc will impose a tariff of about 12 percent on the import of solar panels, cells and wafers.

Siemens Acquires UK-Based Preactor

June 3, 2013 1:41 pm | by Siemens | News | Comments

By acquiring the Preactor Group headquartered in Chippenham in the UK, Siemens further expand its international lead in the industry software market. Preactor’s APS software solutions will add significant new components to the Siemens Manufacturing Operations Management (MOM) portfolio.

Singapore Airlines Places Big Order For New Jets

May 31, 2013 1:44 pm | by The Associated Press | News | Comments

Singapore Airlines said Thursday that it ordered 60 new planes from Boeing and Airbus that carry a combined list price of more than $17 billion. The orders were evenly split — 30 planes from U.S.-based Boeing and 30 from Europe's Airbus. Airlines typically get deep discounts on planes, and Singapore did not say how much it will pay the manufacturers.

Motorola: 1st U.S.-Assembled Smartphones Coming

May 30, 2013 2:21 pm | by Will Weissert, Associated Press | News | Comments

Cellphone pioneer Motorola says it's opening a manufacturing facility that will produce the first smartphone ever assembled in the U.S. — its new flagship device, Moto X. The Texas site was once used by fellow phone manufacturer Nokia, meaning it was designed to produce mobile devices, said Will Moss, a spokesman for Motorola Mobility, which is owned by Google.

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Creating Better Jobs For Manufacturing’s Comeback

May 29, 2013 8:00 am | by Ray Attiyah, Founder and Chief Innovation Officer, Definity Partners | Articles | Comments

Scan through the business section of the news, and you’re likely to see stories about the resurgence of U.S. manufacturing, about how companies are moving jobs back to the United States because of the rising cost of manufacturing in (and shipping to and from) China. Certainly good news for American manufacturers, but I would argue that this trend is not what the resurgence of U.S. manufacturing should be built on.

Germany: Merkel Vows To Avoid Trade War With China

May 28, 2013 1:22 pm | by The Associated Press | News | Comments

German Chancellor Angela Merkel said Sunday she would use her country's economic clout to prevent the European Union from imposing punitive tariffs on some Chinese products to avoid a trade war. Germany will push for "very intense talks" between the EU and China to seek a negotiated solution as swiftly as possible, the leader of Europe's biggest economy told visiting Chinese Premier Li Keqiang.

Cheap Energy Will Bring Back U.S. Jobs

May 28, 2013 12:39 pm | by CNN Money | Videos | Comments

Manufacturing growth in parts of the U.S. is moving at the same rate or better than emerging markets growth, while some parts of the country are still struggling and possibly clouding the picture of growth. Analyst Meredith Whitney says that the flood of cheap, natural gas will ultimately bring manufacturing jobs back to the U.S.

Bridge Collapse A Major Break In Trade Corridor

May 28, 2013 10:17 am | by Donna Gordon Blankinship, Associated Press | News | Comments

For farmers, business owners and government officials up and down the West Coast, Washington's bridge collapse on Interstate 5 represents much more than a close brush with tragedy. As much as $20 billion in freight travels to and from Canada and along the busy north-south corridor each year.

China, Switzerland To Seal Free Trade Deal

May 24, 2013 2:14 pm | by The Associated Press | News | Comments

Chinese Premier Li Keqiang is in Switzerland to seal a free trade pact with the Alpine nation — the first comprehensive agreement his country has reached with a major western economy. Li met with Swiss officials in Zurich on Friday to conclude three years of negotiations.

Microsoft Director: 'Manufacturing Is A Hotbed Of Innovation'

May 24, 2013 2:12 pm | Articles | Comments

With a primary focus on the ERP offerings within Microsoft’s Dynamics platform, Melissa Cook, Microsoft’s Senior Director of Dynamics holds a unique perspective not only on software, IT, and manufacturing, but how they all fit together in solving industry problems and pushing the manufacturing sector forward collectively.

Boeing Examining Speed-Ups On 787, 737

May 22, 2013 2:07 pm | by The Associated Press | News | Comments

Boeing may accelerate production of two of its most popular planes — the 787 and the 737. It's already doubling 787 production, from 5 per month last year, on its way toward 10 per month by the end of this year. The efficiency of the 787, Boeing's newest plane, has made it very popular with airlines. The company has orders for more than 800 that it hasn't built yet.

Record Amount Of Cargo Passes Through GA Ports

May 21, 2013 2:13 pm | by The Associated Press | News | Comments

A record 2.4 million tons of cargo moved through the state's ports in April, Georgia Ports Authority officials announced Monday. April's record is an increase of about 108,530 tons over the same time period last year. In a release, GPA officials said the state's ports also saw a 4 percent increase in container traffic and a 14.1 increase in roll on/roll off cargo in April.

Walmart Pushing For More U.S. Product Makers

May 21, 2013 10:16 am | by Chuck Bartels, Associated Press | News | Comments

With labor and energy costs on the rise in Asia, Walmart highlighted an effort to promote domestic goods on Monday, including products made by more than 40 Arkansas suppliers. Bentonville-based Walmart is encouraging customers to buy items made in the United States. In the company's home state, the effort includes a red, white and black placard bearing the slogan "Arkansas' Own."

CAT Purchase In China Gets Huge Price Cut

May 17, 2013 12:42 pm | by The Associated Press | News | Comments

Caterpillar will pay $135 million less for a Chinese mining equipment company after uncovering dodgy accounting practices that inflated its value. Caterpillar announced a non-cash $580 million charge earlier this year related to the sale after uncovering "accounting misconduct" during an internal investigation of ERA Mining Machinery Ltd. and its subsidiary Zhengzhou Siwei Mechanical & Electrical Manufacturing Co. Ltd.

Building U.S. Manufacturing Strength

May 17, 2013 11:19 am | Articles | Comments

Douglas K. Woods, President of The Association For Manufacturing Technology, discusses the state of U.S. manufacturing, job development, and what the industry can expect going forward. While today’s manufacturing industry is more sophisticated and high tech than ever before, he says, the industry still needs to address some critical issues to be successful in the future.

Trade Group Slams Safety Pact For Bangladesh

May 16, 2013 2:21 pm | by Anne D'Innocenzio, AP Retail Writer | News | Comments

The largest U.S. retail-industry group on Wednesday criticized an international pact aimed at improving factory conditions in Bangladesh's garment industry, saying it was a "one-size-fits-all" approach promoted by special interests. The five-year, legally binding contract requires them to help pay for fire safety and building improvements in Bangladesh.

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