Supply Chain & Logistics
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Daily industrial news and top headlines for plant and maintenance managers
Asian Electric Car Consortium To Buy Bankrupt Saab
June 13, 2012 10:25 am | by Louise Nordstrom, Associated Press | News | CommentsSwedish automaker Saab Automobile was Wednesday rescued from insolvency when an Asian consortium sealed a deal to buy the brand's main assets with the aim of making electric cars.
Finding Sources Of Rare Earths Beyond China, Part 2
June 12, 2012 8:11 am | by H. Sterling Burnett, Senior Fellow, National Center for Policy Analysis | Blogs | CommentsThe U.S. can create jobs, reduce dependence on foreign resources, and improve national security by encouraging the domestic production of rare earths.
A Shrinking Market
June 11, 2012 5:10 pm | by Mike Schmidt, Associate Editor, Manufacturing Business Technology | Articles | CommentsIt’s not difficult to see the reasoning behind integrating American materials into industrial product designs. However, finding available, affordable options can be harder than it sounds.
Finding Sources Of Rare Earths Beyond China, Part 1
June 11, 2012 8:20 am | by H. Sterling Burnett, Senior Fellow, National Center for Policy Analysis | Blogs | CommentsCompanies that require rare earth elements have begun to shift operations from China to other countries to gain less expensive access.
Westport Innovations Inks Deal With Caterpillar
June 5, 2012 9:58 am | by The Associated Press | News | CommentsWestport Innovations Inc. said it reached a deal with Caterpillar Inc. to jointly develop natural gas engines for off-road equipment including mining trucks and trains.
The Fallacy of Raising the Bar, Part 2
June 5, 2012 8:08 am | by Mike Collins, Author, Saving American Manufacturing | Blogs | CommentsEnforcing a one-size-fits-all approach for all students will probably not work for many schools, and proponents of STEM learning should ready with a plan B alternative.
The Fallacy of Raising the Bar, Part 1
June 4, 2012 8:47 am | by Mike Collins, Author, Saving American Manufacturing | Blogs | CommentsManufacturing and the high-technology industries desperately need students who have been educated in STEM classes.
Mitsui Forms JV In China To Make Synthetic Rubber
May 29, 2012 2:01 pm | by The Associated Press | News | CommentsMitsui Chemicals said it founded a joint venture with China Petroleum & Chemical , known as Sinopec, to produce a synthetic rubber for auto parts from 2014.
Italian Automaker Fiat Halts Sales To Iran
May 29, 2012 10:28 am | by Colleen Barry, AP Business Writer | News | CommentsFiat said it and subsidiaries will immediately halt sales to Iran, following similar moves by other carmakers under pressure to cut ties to Tehran over its disputed nuclear program.
United Tech CEO Hints At Sale Of Fuel Cell Firm
May 23, 2012 10:20 am | by Stephen Singer, AP Business Writer | News | CommentsCEO Louis Chenevert of the Hartford-based company told analysts that United Technologies is evaluating the future of UTC Power as it reviews its portfolio.
Google Completes Motorola Mobility Acquisition
May 22, 2012 2:15 pm | by The Associated Press | News | CommentsGoogle Inc. completed its $12.5B acquisition of phone maker Motorola Mobility Holdings Inc. and said it has appointed a Google executive as the new CEO of the business.
Eaton Buying Cooper Industries In $11.46B Deal
May 21, 2012 2:24 pm | by The Associated Press | News | CommentsDiversified manufacturer Eaton Corp. is buying Irish electrical equipment supplier Cooper Industries PLC in a cash-and-stock deal valued at about $11.46 billion.
Google Gets China OK For Motorola Deal
May 21, 2012 10:14 am | by The Associated Press | News | CommentsBuying Motorola allows Google to expand into manufacturing phones, tablet computers, and other consumer devices for the first time.
Nucor To Buy ArcelorMittal Unit For $605M
May 18, 2012 1:48 pm | by The Associated Press | News | CommentsSteel recycler Nucor Corp. said Friday that it plans to buy a steel distribution unit of ArcelorMittal for $605 million, expanding its reach in the North American construction industry.
Honda Relocates Super Cub Production To China
May 18, 2012 10:07 am | by The Associated Press | News | CommentsHonda Motor Co. said it has relocated production of the 50-cc scooter to China and will release the new Chinese-made Super Cub model for the Japanese market on May 25.
Guardair Corporation Acquires Allen Gasket Cutting Machine Company
May 17, 2012 2:34 pm | by Guardair Corporation | News | CommentsFeaturing a line of rotary-style gasket cutters, Allen will be absorbed into the Allpax Gasket Cutter Systems Division at Guardair’s Chicopee, MA headquarters.
ABB Completes Acquisition Of Thomas & Betts
May 17, 2012 1:42 pm | by ABB | News | CommentsThe U.S. has become ABB’s largest market with about $6.6 billion in annual revenue and 19,000 employees.
GE To Acquire 2 Mining Equipment Companies
May 16, 2012 1:57 pm | by The Associated Press | News | CommentsGeneral Electric is acquiring two mining equipment manufacturers to capitalize on growth in places like Australia and China.
Distributor POV: Stuck In The Middle
May 11, 2012 12:59 pm | Articles | CommentsMany industrial distributors find themselves in a constant push-pull between keeping up with the challenges in supplier products and pricing, maintaining customer relationships, and managing their own profitability. Industrial Distribution surveyed its readers to learn more about their internal pricing strategies and how tensions with customers have caused them to work harder to retain existing business.
CAT To Sell Logistics Unit Stake For $750M
May 11, 2012 9:58 am | by The Associated Press | News | CommentsCaterpillar is selling a majority stake in a logistics division for about $750 million to better focus on its core businesses.
Etihad Cancels 7 Airbus A350 Orders
May 7, 2012 2:22 pm | by The Associated Press | News | CommentsEtihad still has orders for 12 of the aircraft, a rival of Boeing's 777, according to Airbus' website.
Ford to Sell ACH Interior Trim Business
May 4, 2012 1:53 pm | by The Associated Press | News | CommentsFaurecia said the deal makes it North America's No. 1 interior systems supplier and makes Ford its third-largest customer.
Panasonic Mulls Shifting Battery Production To China
May 2, 2012 10:22 am | by The Associated Press | News | CommentsPanasonic Corp. is planning to close its Kaizuka plant within fiscal 2012 and shift its lithium ion battery production to Suzhou, sources said.
Ametek To Buy Parent Of German Automation Firm
April 27, 2012 1:50 pm | by The Associated Press | News | CommentsThe privately held company makes motion-control systems for factory equipment and medical devices.
Damaged Resin Plant To Be Down At Least 6 Months
April 26, 2012 12:05 pm | by Tom Krisher, AP Auto Writer | News | CommentsThe Evonik Industries AG plant was badly damaged in a March 31 explosion and fire, setting off a mad scramble by global automakers to find substitute materials.
