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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Scania Temporarily Halts Truck Production

December 3, 2008 4:15 am | News | Comments

Swedish truckmaker on Wednesday said it will suspend its truck production in Europe for one month because of a drop in orders.

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GM's U.S. Sales Plummet 41 Percent

December 2, 2008 12:29 pm | by Bree Fowler, AP Auto Writer | News | Comments

Ford’s November sales dropped 31 percent, Toyota's tumbled 34 percent and Honda's fell 32 percent, dashing hopes that the industrywide drop in vehicle demand might be easing.

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General Motors: Need $12 Billion By March

December 2, 2008 11:10 am | by Ken Thomas, Associated Press Writer | News | Comments

GM says it needs $4 billion in government loans this month and a total of $12 billion by late March to keep operating, as it plans to slash workers, brands and plants by 2012.

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Managing Demand Spikes: Supply Chain Logistics Advice For Meeting The Challenge

December 2, 2008 10:45 am | by John Baushka, Business Director, ATC Logistics & Electronics | Articles | Comments

By John Baushka, Business Director, ATC Logistics & ElectronicsWorking with a third party logistics (3PL) provider with the capability to supply advance logistics planning and execution, along with value-added repair, refurbishment and repackaging can be an attractive option to meet business objectives.

GM, Ford CEOs To Drive Hybrid Cars To D.C. Hearings

December 2, 2008 10:10 am | by Tom Krisher, AP Auto Writer | News | Comments

Eager to avoid another scathing lecture from Congress, CEOs of America's two biggest automakers will travel to Washington hearings this week in hybrid vehicles made by their companies.

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W.R. Grace Settles Asbestos Case

December 2, 2008 9:59 am | by Ernest Scheyder, AP Energy Writer | News | Comments

Specialty chemicals maker to pay up to $140 million to settle a class-action lawsuit stemming from its use of an attic-insulating product that contained asbestos.

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Brazil's Industrial Production Falls

December 2, 2008 9:20 am | by Alan Clendenning, AP Business Writer | News | Comments

Industrial production fell 1.7 percent in October as the global financial meltdown sends shockwaves through Latin America's largest economy.

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SEMI: Market For Semiconductor Equipment Shrinking

December 2, 2008 8:14 am | News | Comments

Semiconductor Equipment and Materials International said the market will see a 28 percent decline for 2008 and likely decline another 21 percent in 2009.

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Paulson: China Must Continue Currency Reform

December 2, 2008 8:05 am | by Martin Crutsinger, AP Economics Writer | News | Comments

Treasury Secretary Henry Paulson says China must continue allowing its currency to rise in value against the dollar as part of reforms to address trade tensions with the U.S.

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Chrysler Says All Sides Made Concessions

December 2, 2008 7:50 am | by Alex Dominguez, Associated Press Writer | News | Comments

Automaker's president isn't giving details of the business plan that will be presented to Congress, but says it will tackle product mix, vehicle pricing and quality and fiscal responsibility.

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Ford Says It May Not Need Help

December 2, 2008 7:30 am | by Ken Thomas and Tom Krisher, Associated Press Writers | News | Comments

Automaker is asking Congress for a $9 billion "stand-by line of credit" to stabilize its business, but says it doesn't expect to tap it.

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Big Three To Submit Restructuring Plans Today

December 2, 2008 7:23 am | by Ken Thomas and Tom Krisher, Associated Press Writers | News | Comments

Automakers are presenting Congress with plans to restructure their ailing companies and provide assurances that the $25 billion funding will help them survive and thrive.

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Ford CEO Would Work For $1

December 2, 2008 6:04 am | by Tom Krisher and Kimberly S. Johnson, AP Auto Writers | News | Comments

CEO Alan Mulally said he'll work for $1 per year and will cancel all Ford management employees' 2009 bonuses if the automaker has to take any government loan money.

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Mayor: Auto Companies Must Not Collapse

December 2, 2008 5:50 am | News | Comments

Lansing, Michigan’s mayor says the government must step in and save the troubled auto industry because it is indispensable to America's national security.

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New Nokia Phone To Rival RIM, Apple

December 2, 2008 5:26 am | News | Comments

World's largest cell phone maker launching a new phone next year designed to compete with Apple's iPhone and Research In Motion BlackBerrys at the high end of the market.

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European Steel Workers Protest EU Pollution Cap

December 2, 2008 5:15 am | by Constant Brand, Associated Press Writer | News | Comments

Some 5,000 steel workers protested outside European Union headquarters to demand their industry be exempt from planned emission cuts, which they fear will lead to job losses.

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Auto Workers Hold Emergency Bailout Meeting

December 2, 2008 5:12 am | by Tom Krisher, AP Auto Writer | News | Comments

UAW leaders from across the country will hold a meeting in Detroit Wednesday to discuss concessions the union could make to help automakers get government loans.

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Amid Recession, Automakers Face Grim U.S. Sales

December 2, 2008 5:00 am | by Jeannine Aversa, AP Economics Writer | News | Comments

Automakers' U.S. sales are plummeting as hard-to-get credit, job losses and other stresses make many Americans wary of taking on big-ticket financial commitments.

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Delphi Allowed To Access Loans

December 2, 2008 4:55 am | by Vinnee Tong, AP Business Writer | News | Comments

Bankruptcy judge said Monday that auto supplier Delphi can continue to access the proceeds of $4.35 billion in loans after the Dec. 31 expiration date.

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Boeing Engineers, Tech Workers Approve Contracts

December 2, 2008 4:47 am | News | Comments

Engineers and technical workers have voted to ratify new contracts, ensuring four years of labor peace at Boeing's commercial airplane operations.

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