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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

GM Sales Rise In October; Ford, Chrysler Down

November 2, 2007 5:34 am | by Jeff Karoub, AP Business Writer | News | Comments

Jittery consumers have put off big-ticket purchases in response to the troubled housing market and high gas prices.

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Ford May Have Six Bidders For Land Rover, Jaguar Units

November 2, 2007 5:26 am | by Marietta Cauchi, Dow Jones Newswires | News | Comments

Ford is selling the brands, part of the company's Premier Automotive Group, to concentrate on growing its core business in the U.S. market.

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Australian Cardboard Maker Receives Record Fine

November 2, 2007 5:25 am | News | Comments

Visy Industries Holdings, the world's largest privately held paper and packaging manufacturer, fined a record $32 million for price-fixing.

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Freightliner Shifting Jobs From Oregon To South Carolina

November 2, 2007 5:19 am | by Sarah Skidmore, Associated Press Writer | News | Comments

Heavy truck subsidiary of German automaker Daimler AG  is moving 341 jobs to be closer to the truck manufacturer's customers and production sites.

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NAM President: Japan Still Offers Big Opportunities

November 2, 2007 5:15 am | by Yuri Kageyama, AP Business Writer | News | Comments

John Engler says Japan is likely to see more mergers and consolidations among companies, creating partnership opportunities for American manufacturers.

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Automakers Battle California On Emission Standards

November 2, 2007 5:11 am | by Ken Thomas, Associated Press Writer | News | Comments

Manufacturers say the California standards would raise the cost of cars and reduce their offering of sport utility vehicles and pickups.

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Chrysler Plans To Cut 12,000 Jobs

November 1, 2007 12:50 pm | by Dee-Ann Durbin AP Auto Writer | News | Comments

Automaker cutting up to 10,000 hourly jobs and 2,100 salaried jobs through 2008, eliminating shifts at five assembly plants and cutting four vehicle models.

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3M Buys Standard Abrasives

November 1, 2007 12:00 pm | News | Comments

Conglomerate hopes to expand its portfolio for the metalworking industry; Simi Valley, Calif.-based Standard Abrasives employes about 375 people.

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Toyota Faces New Challenge: Retaining Top Execs

November 1, 2007 12:00 pm | by Yuri Kageyama, AP Business Writer | News | Comments

Japanese automaker is experiencing a trend of high-ranking U.S. bosses defecting to positions at U.S. automakers like Chrysler and Ford.

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General Mills Recalls Frozen Pizzas

November 1, 2007 11:59 am | News | Comments

Company voluntarily recalled 414,000 cases of Totino's and Jeno's pizza products because the meat used may be contaminated with E. coli.

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Feds Raid Drug Company, Seize Medicine

November 1, 2007 11:30 am | by Betsy Taylor, Associated Press Writer | News | Comments

Officials said they seized more than $300,000 worth of products after investigating allegations the St. Louis company was manufacturing potentially unsanitary medicine.

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Manufacturing Struggles To Grow In October

November 1, 2007 6:58 am | by Amy Radishofski, Staff Reporter | News | Comments

At 50.9, the sector is balancing between growing and declining as the slowdown in the financial, housing and transportation segments has spilled over into manufacturing.

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Jobless Claims Decline More Than Expected

November 1, 2007 6:31 am | News | Comments

Despite Labor Department's report of a bigger-than-expected drop of 6,000, analysts predict unemployment to increase in coming months, reflecting a slow economy.

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Consumer Spending Slows In September

November 1, 2007 6:23 am | by Martin Crutsinger, AP Economics Writer | News | Comments

Commerce Department report of 0.3 increase was just lower than analysts' expectations of 0.4 percent growth, raising fears consumers will avoid shopping in coming months.

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Wind Power Company Nordex Expands Production

November 1, 2007 6:10 am | News | Comments

German wind-power turbine maker 's $72 million investment to more than triple its Chinese production by 2011.

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Philip Morris Owner Buys Cigar Maker For $2.9 Billion

November 1, 2007 6:03 am | by Vinnee Tong, AP Business Writer | News | Comments

With cigarette consumption declining, Altria Group hopes Black & Mild cigar maker John Middleton boosts noncigarette sales.

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FDA Lax On Foreign Drug Inspections

November 1, 2007 5:53 am | by Andrew Bridges, Associated Press Writer | News | Comments

As much as 80 percent of the active pharmaceutical ingredients used to make drugs sold in the U.S. are imported; an estimated 40 percent of finished drugs are made abroad.

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U.S. Steel Acquires Canada's Stelco Inc.

November 1, 2007 5:52 am | by Daniel Lovering, AP Business Writer | News | Comments

After the $1.2 billion deal, U.S. Steel renames the smaller company U.S. Steel Canada Inc. and becomes the world's fifth-largest steel producer.

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Cisco Plans $16 Billion China Expansion

November 1, 2007 5:47 am | by Joe McDonald, AP Business Writer | News | Comments

Network gear maker aims to double manufacturing in China, which has the world's second-largest population of Web users after the United States.

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Minnesota Steel Plant Back On Track

November 1, 2007 5:45 am | News | Comments

Indian firm behind the $1.6 billion plant, also in talks to open a refinery in Iran, assures Gov. Tim Pawlenty it won't do prohibited business in Iran.

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