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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

GM Could Boost China Automakers

May 18, 2009 5:20 am | by Elaine Kurtenbach, AP Business Writer | News | Comments

Possible move by GM to export cars built in China to its home U.S. market could be just as important to the local industry's own global ambitions as it is for General Motors' survival.


Volvo Paying $525 Million For Mack Trucks Health Care

May 18, 2009 5:18 am | News | Comments

Mack Trucks signed an agreement with UAW to create independent trust for health care of retirees; parent company Volvo will fund trust with $525 million.


Toyota Ready To Take On Honda With New Prius

May 18, 2009 5:11 am | by Yuri Kageyama, AP Business Writer | News | Comments

Revamped Prius rolled out on Monday, with 80,000 advance orders in Japan for the remodeled hybrid amid intensifying competition with Honda's rival offering, the Insight.


VW Taking It Slow With Porsche Merger

May 18, 2009 4:59 am | by Oliver Schmale, Associated Press Writer | News | Comments

Volkswagen's CEO said the automaker 'will not be pushed' to hurry talks over a possible merger with majority shareholder Porsche AG.


CAW Not Close To Deal With GM

May 15, 2009 1:14 pm | by Charmaine Noronha, Associated Press Writer | News | Comments

With just hours to go before a midnight deadline, head of the Canadian Auto Workers says union is not close to a new labor agreement with GM Canada.


Manufacturing CFOs Say No Raises For Employees

May 15, 2009 11:27 am | by Edited by Staff | News | Comments

Survey by Grant Thornton showed 71 percent of chief financial officers plan on cutting costs by not giving out raises, and 47 percent expect to see job cuts.


Air Force Revamps Weapons Buying

May 15, 2009 11:00 am | by Stephen Manning, AP Business Writer | News | Comments

After being accused of botching a $35 billion contract for refueling airplanes, Air Force is revamping its weapons buying methods.


Magna To Get $64 Million From Chrysler Filing

May 15, 2009 10:45 am | News | Comments

Chrysler court filing indicates about $64 million owed to supplier Magna International would be honored by automaker's successor after bankruptcy restructuring.


Daimler CFO Won't Rule Out 2009 Loss

May 15, 2009 10:15 am | News | Comments

Stuttgart-based Daimler AG's chief financial officer said that ongoing market volatility means automaker can't rule out a full-year loss, according to published report.


Venezuela Takes Control Of Cargill Plant

May 15, 2009 10:03 am | by Fabiola Sanchez, Associated Press Writer | News | Comments

Official says temporary takeover of Cargill's plant was ordered because the U.S. food giant broke regulations on food items subject to government price controls.


Siemens Expanding U.S. Power Plant Business

May 15, 2009 9:45 am | by George Frey, AP Business Writer | News | Comments

German industrial conglomerate investing $50 million in Charlotte, N.C., operations to increase energy division's offerings of climate protecting technology for power plants.


Dealers Wait For Word On GM Cuts Today

May 15, 2009 8:29 am | by Dan Strumpf, AP Auto Writers | News | Comments

GM told about 1,100 U.S. dealers on Friday that their franchise agreements will not be renewed; cuts come a day after Chrysler slashed nearly 800 dealers.


Innovative Kitting & Packaging

May 15, 2009 7:30 am | by John Bauschka, Sr. Director -- Business Development, ATC Logistics & Electronics | Articles | Comments

By John Bauschka, Sr. Director -- Business Development, ATC Logistics & ElectronicsAdopting innovative kitting & packaging is especially crucial as the economy tightens, retailers seek to minimize their inventory levels and consumers become increasingly selective in their purchases.

Decline In Industrial Production Eases

May 15, 2009 6:16 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Fed Reserve says nation's industrial production fell 0.5 percent in April, the smallest amount in six months, evidence the pace of the economy's decline is slowing.


Russian Economy Shrinks 23 Percent

May 15, 2009 6:13 am | News | Comments

Russia's economy shrank a staggering 23.2 percent in the first three months of the year compared with the previous quarter, government figures showed.


Canada Manufacturing Sales Fall In March

May 15, 2009 6:05 am | News | Comments

Statistics Canada reports manufacturing sales fell 2.7 percent to $41.4 billion in March, reversing February's gain.


Russian Ford Workers Protest Cutbacks

May 15, 2009 5:58 am | News | Comments

About 100 workers of the Ford Motor Co. assembly plant protested the introduction of a four-day working week amid the slumping demand for cars.


Opel Dealers Seek Minority Stake

May 15, 2009 5:55 am | by Geir Moulson, Associated Press Writer | News | Comments

Dealers for GM’s Opel unit hope to help save the European automaker and secure a minority stake by investing up to $680 million, their association said Friday.


EU Workers Protest In Brussels

May 15, 2009 5:54 am | by Raf Casert, Associated Press Writer | News | Comments

Tens of thousands of workers protested close to European Union headquarters Friday to demand more action to protect their jobs during the economic downturn.


Fed Official: Recovery Will Be 'Very Slow'

May 15, 2009 5:46 am | by Jeannine Aversa, AP Economics Writer | News | Comments

Americans should brace for a slow recovery back to health after the recession ends, with unemployment likely to hit the double-digits, Fed Reserve official said Friday.



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