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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Official: Tata To Revive Abandoned Nano Factory

April 1, 2009 5:20 am | by Vijay Joshi, Associated Press Writer | News | Comments

Tata Motor's abandoned factory in the Indian state of West Bengal will be revived to produce the world's cheapest car, as a farmers' protest against it is tapering off, an Indian official said.

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Confidence Plummets At Japanese Companies

April 1, 2009 5:16 am | by Tomoko A. Hosaka, Associated Press Writer | News | Comments

Pummeled by an unprecedented slump in global demand, confidence at major Japanese manufacturers has fallen to an all-time low of minus 58, a key survey showed.

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Euro Jobless Rate Jumps To 8.5 Percent

April 1, 2009 5:11 am | News | Comments

Unemployment in the 16 nations that share the euro rose to 8.5 percent in February, and jobless rate across the entire European Union is now 7.9 percent, EU statistics office said.

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India's Exports Fall 21 Percent

April 1, 2009 5:06 am | by Erika Kinetz, AP Business Writer | News | Comments

Exports plunged 21.7 percent to $11.9 billion in February, the steepest annual fall in at least 16 years, while imports shrank 23.3 percent to $16.8 billion.

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French Workers Release CAT Bosses

April 1, 2009 5:01 am | by Thierry Boinet, Associated Press Writer | News | Comments

Workers facing steep layoffs at a Caterpillar factory freed four bosses they had been holding at the U.S. manufacturer's plant in the Alps to protest the job cuts.

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Rio Tinto: Germany Approves Chinese Investment

April 1, 2009 5:00 am | News | Comments

Mining company said German regulators approved the proposed $19.5 billion investment by China's state-owned Chinalco, a deal that must clear regulatory hurdles in several countries.

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New GM CEO: Bankruptcy 'More Probable'

March 31, 2009 1:49 pm | by Kimberly S. Johnson, AP Auto Writers | News | Comments

CEO Fritz Henderson said more of the automaker's plants could close and bankruptcy is 'more probable' as it works to meet new, tougher requirements for government aid.

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HPI Selects Weiss As Global Sales Director

March 31, 2009 12:52 pm | by Edited by Manufacturing.net Staff | News | Comments

Supplier of turbine controls, mechanical services and turnkey power plants named Ron Weiss Global Sales Director.

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Sabreliner Changes Up Management

March 31, 2009 12:05 pm | by Edited by Manufacturing.net Staff | News | Comments

Civilian and government aviation services provider announced key promotions and organizational changes at its St. Louis headquarters and Southeast Missouri operations.

Cessna Says More Layoffs Coming

March 31, 2009 11:08 am | by Roxana Hegeman, Associated Press Writer | News | Comments

Aircraft maker is warning workers that more layoffs and cutbacks are coming as its customers cancel and defer plane orders.

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GM: Labor Contract With CAW Competitive

March 31, 2009 10:44 am | by Kristine Owram, AP | News | Comments

New General Motors CEO said a new contract with the Canadian Auto Workers is competitive and he hasn't yet decided whether he'll ask the union to reopen negotiations.

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French Workers Hold CAT Bosses Hostage

March 31, 2009 9:55 am | by Thierry Boinet, Associated Press Writer | News | Comments

Angry French workers facing layoffs at a Caterpillar factory detained four of their bosses Tuesday at a plant in the Alps and refused to let them leave the premises.

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Boeing, Airbus Say Recession Won't Slow Biofuel Plans

March 31, 2009 9:50 am | by Frank Jordans, Associated Press Writer | News | Comments

World’s two biggest aircraft makers said they were pushing ahead with the development of planes that run on eco-friendly biofuels despite the economic downturn.

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Cardinal Health To Cut 1,300 Jobs

March 31, 2009 9:35 am | by Marley Seaman, AP Health Writer | News | Comments

Company will eliminate 1,300 jobs from its clinical and medical products unit, with most of the cuts made over the next six months, as hospitals cut back on equipment purchases.

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Five Critical Principles On How To Effectively Manage Simulation Data

March 31, 2009 9:15 am | by Paul Lalor, Product Manager, SIMULIA | Articles | Comments

By Paul Lalor, Product Manager, SIMULIA Simulation can save significant amounts of time and money in product development. In today’s economic climate, quick product turnarounds and cost-cutting techniques are imperative, but if simulation results aren't managed properly, it could hurt your organization.

OECD: World Economy Will Avoid Depression

March 31, 2009 8:08 am | by Emma Vandore, AP Business Writer | News | Comments

Chief economist says the OECD economy will shrink 4.3 percent this year, but government stimulus plans will keep the global economy out of another Great Depression.

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Report: Eli Lilly Seeking More Deals

March 31, 2009 7:58 am | News | Comments

Just four months after closing its largest acquisition ever, Eli Lilly & Co. is ready to buy again, looking for deals that cost between $5 billion and $15 billion.

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Ford, GM To Cover Car Payments For Unemployed

March 31, 2009 7:52 am | by Kimberly S. Johnson, AP Auto Writer | News | Comments

Automakers offering payment protection plans to help reassure consumers who may be putting off buying a new car because of worries about losing their job.

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Bayer, Genzyme Enter Strategic Agreement

March 31, 2009 7:50 am | News | Comments

German drugmaker said it has entered a strategic agreement to transfer some of its cancer drug portfolio to U.S.-based Genzyme Corp. in exchange for royalty payments.

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Visteon’s British Unit Files For Bankruptcy

March 31, 2009 7:43 am | News | Comments

Car parts supplier says Visteon UK Ltd., which owns three factories and employs about 600, is filing for bankruptcy protection with the U.K. High Court.

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