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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Adam Aircraft Announces Layoffs

February 12, 2008 5:26 am | News | Comments

Airplane manufacturer is laying off 500 of its employees after failing to obtain funding from a lender.

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UAW, Magna Deal Saves Jobs At New York Plant

February 12, 2008 5:23 am | News | Comments

Tentative contract between Magna International and the United Auto Workers will save approximately 2,700 jobs at the New Process Gear plant in suburban Syracuse.

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Steel Workers Stage Walkouts In Germany

February 12, 2008 5:15 am | News | Comments

About 1,900 steel workers in eastern Germany walked off their jobs as part of industry-wide warning strikes aimed at winning pay hikes.

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Scottish & Newcastle To Close English Brewery

February 12, 2008 5:00 am | News | Comments

Maker of beer brands Foster’s and Kronenbourg 1664 has sold a brewery in southern England, potentially cutting 360 jobs.

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Canada To Extend Aid To Struggling Manufacturers

February 12, 2008 4:50 am | by Julian Beltrame, Canadian Press | News | Comments

Finance Minister announces cautious budget for economic downturn and will extend capital writeoff program for embattled manufacturers, including the forest industry.

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'Improper Payments' End Bridgestone Marine Hose Unit

February 12, 2008 4:34 am | by Carl Freire, Associated Press Writer | News | Comments

Japanese tire maker will withdraw from the marine hose business after an internal investigation discovered its hose division made improper payments to foreign agents to secure sales.

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Indian Automaker To Build Pickup Trucks In The U.S.

February 12, 2008 4:30 am | News | Comments

Mahindra & Mahindra Ltd. plans to assemble and sell thousands of light pickup trucks annually in the United States by 2010

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Study: Michigan Lacks High-Wage Jobs

February 12, 2008 4:25 am | News | Comments

Michigan and three of its largest cities are lagging behind other states and cities in creating high-wage jobs that require a college degree, according to a study by Michigan Future Inc.

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LG.Philips LCD Plans Name Change

February 12, 2008 4:25 am | News | Comments

Flat panel maker said it plans to change its name to LG Display Co. in line with a reduction in shares held by Royal Philips Electronics NV of the Netherlands.

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Daewoo Shipbuilding Gets Oman Tanker Order

February 12, 2008 4:21 am | News | Comments

South Korea's Daewoo Shipbuilding & Marine Engineering Co. received a $770 million order from Oman to build five oil tankers.

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Engineer Accused Of Economic Espionage For China

February 12, 2008 4:15 am | by Gillian Flaccus, Associated Press Writer | News | Comments

Chinese-American aerospace engineer charged with stealing trade secrets on the space shuttle, the C-17 military transport and the Delta IV rocket to pass on to China.

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Economist Expects Stall In U.S. Auto Sales

February 11, 2008 9:00 am | by Tom Krisher, AP Auto Writer | News | Comments

NADA economist Paul Taylor predicts 2008 U.S. car and light truck sales will total about 15.7 million, a drop of 2.5 percent from 2007, the worst year in a decade.

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Manufacturing Technology Consumption Up 8 Percent In 2007

February 11, 2008 8:45 am | by Edited by Manufacturing.net Staff | News | Comments

Strong December results pushed 2007 levels 8 percent higher than 2006.

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Steel Workers Ready For More Temporary Walkouts

February 11, 2008 8:20 am | News | Comments

German labor union is seeking an 8 percent raise for its members, citing ‘fat’ profits among steel makers, or else workers will escalate its wave of temporary walkouts.

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Chesapeake Corp. To Relocate Operations

February 11, 2008 8:05 am | News | Comments

Pharmaceutical packaging plant will relocate from its current Lake Success, N.Y. location to a nearby larger facility in Hicksville by the end of March.

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Germany Sees Record Trade Surplus In '07

February 11, 2008 7:58 am | News | Comments

Manufacturing powerhouse Germany posted a record trade surplus of $288.5 billion in 2007, as exports rose even faster than imports.

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Mexico's Auto Exports Jump 33 Percent

February 11, 2008 7:54 am | News | Comments

Mexican Auto Industry Association said exports jumped 33 percent in January, while production rose by nearly 26 percent compared with the same time period in 2007.

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Hasbro Names New CEO

February 11, 2008 7:51 am | News | Comments

World's econd biggest toy company said Chief Executive Alfred J. Verrecchia will become chairman of the board, replaced by Chief Operating Officer Brian Goldner.

U.S. Government Investigates GM SUV Fires

February 11, 2008 7:50 am | News | Comments

The National Highway Traffic Safety Administration is investigating reports on 2007 Chevrolet Tahoe SUVs, in which engine fires occurred while vehicles were not running.

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Apparel Maker Kellwood Accepts Takeover Offer

February 11, 2008 7:44 am | by Jim Salter, AP Business Writer | News | Comments

Five months after a private investment company first made a $542 million takeover bid, apparel maker has accepted the deal and is recommending it to its shareholders.

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