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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

NAM Wants Lower Corporate Capital Gains Tax

February 5, 2008 4:47 am | by Bree Fowler, AP Business Writer | News | Comments

Industry group promoting tax cut as a way to both help make U.S. companies more competitive and boost the economy overall; economists say long-term effects would be limited.

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New Mexico Expands Santa Teresa Foreign Trade Zone

February 5, 2008 4:44 am | News | Comments

Expanded Santa Teresa zone includes about 1,200 acres along the New Mexico-Mexico border, with about 2.3 million square feet of manufacturing and distribution facilities.

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Mitsubishi Closing Australian Plant, Shedding 930 Jobs

February 5, 2008 4:39 am | News | Comments

Decision was forced on the company by a series of issues, including accumulated losses of more than $1.36 billion over the past 10 years, Mitsubishi Australia President said.

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Toyota Sees 4Q Profits Jump

February 5, 2008 4:27 am | by Yuri Kageyama, AP Business Writer | News | Comments

Automaker's October-December profit rose 7.5 percent from the previous year as booming sales in China, Africa and South America offset declining U.S. sales and a stronger yen.

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Cambodian Garment Industry Unraveling

February 5, 2008 4:22 am | News | Comments

Country's top export sector by value expects to see a decline of orders from American retailers amid fear of a slowdown in the U.S. economy.

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Strike Halts Production At Volvo Va. Plant

February 5, 2008 4:20 am | News | Comments

Workers from Volvo’s Dublin truck plant went on strike February 1 after the union’s bargaining committee failed to reach a contract agreement with the company.

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Poll: Canadians Want India's $2,500 Car

February 4, 2008 6:25 am | by Julian Beltrame, Canadian Press | News | Comments

Canadian Press Harris/Decima survey says Canadians have taken a keen interest in India’s Tata Nano, the world's cheapest car.

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U.S. Factories See Orders Rise In December

February 4, 2008 5:40 am | by Jeannine Aversa, AP Economics Writer | News | Comments

The Commerce Department reports that orders placed with U.S. factories rose by 2.3 percent in December and marked the biggest increase since July.

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DuPont Buys Chemtura’s Fluorochemicals Business

February 4, 2008 5:40 am | News | Comments

Specialty chemical maker sells its Fluorochemicals business and related production facility to DuPont in an all-cash deal for an undisclosed sum.

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Russian, Chinese Aluminum Producers In Partnership

February 4, 2008 5:35 am | News | Comments

Russia's UC Rusal will build aluminum complexes in Guinea and China in partnership with China Power Investment Corp.

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Japan's Takeda, U.S.'s Amgen Reach Deal

February 4, 2008 5:25 am | News | Comments

Takeda Pharmaceutical will pay up to 1.18 billion and royalties for access to Amgen’s new drugs and the company’s Japanese unit.

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Study: Chemicals In Baby Items Pose Health Risks

February 4, 2008 5:16 am | by Lindsey Tanner, AP Medical Writer | News | Comments

Baby shampoos, lotions and powders may expose infants to chemicals, called phthalates, that have been linked with possible reproductive problems.

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Plane Manufacturer Owes City For Lack Of Jobs

February 4, 2008 5:15 am | News | Comments

Pueblo, Colorado, wants to reclaim $2.37 million in incentives given to Adam Aircraft, which fell short of promises to provide 448 local jobs for seven years or pay for any shortfalls.

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Harsco Wins ArcelorMittal Mill Services Contract

February 4, 2008 5:15 am | News | Comments

Industrial services and engineered products provider received a nine-year contract from ArcelorMittal expected to generate more than $100 million over its term.

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Supplier Bankruptcy Forces Chrysler Plant Closures

February 4, 2008 5:11 am | by Corey Williams, Associated Press Writer | News | Comments

Automaker plans to close four assembly plants temporarily due to the bankruptcy protection filing of Plastech Engineered Products, one of its plastic parts suppliers.

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Survey: German Exports Led By Manufactured Goods

February 4, 2008 5:05 am | News | Comments

Germany remains the world's No. 1 exporter on the strength of demand abroad for everything from automobiles and washing machines to industrial equipment.

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Kentucky Bourbon Production Plant Reopens

February 4, 2008 5:00 am | by Keith Lawrence | News | Comments

After a $10 million renovation, Angostura Limited is reopening a distilling plant in Owensboro, Ky., creating 30 to 40 new jobs.

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Saputo Cutting String Cheese Manufacturing

February 4, 2008 4:41 am | News | Comments

Canadian-based Saputo Inc. will stop making string cheese at its manufacturing plant in Waldo, Wisconsin, which could mean layoffs or job transfers for the plant's 99 employees.

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World Bank Lowers China Growth Forecast

February 4, 2008 4:36 am | by Joe McDonald, AP Business Writer | News | Comments

Economists slashed forecasts for China's fast-growing economy amid worries that a U.S. recession could cut American imports and hurt other Chinese markets.

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Ameron COO Wagner Becoming CEO

February 4, 2008 4:33 am | News | Comments

Pipeline manufacturer's Chief Operating Officer Gary Wagner has taken over the role of president from Chief Executive James Marlen.

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