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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Boeing, Striking Machinists' Talks Fail

October 14, 2008 8:05 am | by Manuel Valdes, Associated Press Writer | Comments

Aerospace giant says renewed negotiations with striking machinists broke down over an issue crucial to the company’s ‘long-term competitiveness.’

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Ascent Solar To Start Production In 2010

October 14, 2008 7:50 am | Comments

Solar cell maker said Tuesday that it is set to begin production in 2010 at its new manufacturing facility in Thornton, Colo.

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Indspec Halts Chemical Production After Leak

October 14, 2008 7:45 am | Comments

Only plant in North America to produce a compound used in the rubber and tire industry has halted production until the cause of a chemical leak that forced evacuations is determined.

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Kronos Raises Titanium Dioxide Prices

October 14, 2008 7:38 am | Comments

Maker of whitening pigments used in paper, paints and plastic announced price increases Tuesday for titanium dioxide sold across Europe.

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SABMiller Sales Slightly Up, Outlook Uncertain

October 14, 2008 7:20 am | Comments

World’s third-largest brewer said that beer sales rose 1 percent in the latest quarter, but the company was not confident about its prospects for the rest of the year.

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LDK: Polysilicon Plant On Target

October 14, 2008 7:09 am | Comments

China-based LDK Solar Co., which makes solar power products, said it is on track to meet its production goals at a polysilicon plant it is currently building.

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Bush Unveils Plans To Stabilize Banks

October 14, 2008 6:30 am | by Martin Crutsinger, AP Economics Writer | Comments

President announced a $250 billion plan to directly buy shares in nation's leading banks, saying the move was 'not intended to take over the free market but to preserve it.'

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Eli Lilly Starts Tender Offer For ImClone

October 14, 2008 6:30 am | Comments

Drugmaker announced Tuesday that a subsidiary has started a tender offer for all outstanding shares of ImClone Systems at a price of $70 per share in cash.

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Tainted Pet Food Case Nearing Settlement

October 14, 2008 6:20 am | by Geoff Mulvihill, Associated Press Writer | Comments

Federal judge will hear arguments on final proposal of a settlement for thousands of pet owners whose dogs and cats died last year after eating contaminated pet food traced to China.

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Texas Teen Builds Electric Car

October 14, 2008 6:12 am | by David Uhler, Associated Press | Comments

Major auto manufacturers racing to build battery-powered cars may have some competition from 17-year-old Lucas Laborde who built his own electric car.

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Pratt & Whitney Cuts 55 Jobs

October 14, 2008 6:10 am | Comments

Aircraft engine company said the job cuts at its jet engine and repair business in Georgia are a result of a reduction in the volume of engine overhauls.

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Par Pharmaceutical Cutting 190 Jobs

October 14, 2008 6:09 am | Comments

Generic drug maker said it is 'resizing' its generic drug unit, which will involve cutting about 30 percent of its workforce.

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Janesville Outlook Grim With GM Plant Closing

October 14, 2008 5:55 am | Comments

City leaders estimate those job losses could affect 4,000 to 6,000 other jobs in Janesville, Wis., such as suppliers and restaurant workers who depend on the plant for business.

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Turkey To Buy 105 More Boeing, Airbus Planes

October 14, 2008 5:50 am | Comments

Turkish Airlines has asked Airbus and Boeing to submit proposals for 35 double-aisle and 70 single-aisle planes.

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Daimler Drops Sterling Brand, Cuts Jobs

October 14, 2008 5:39 am | Comments

Automaker's North American truck division will drop its Sterling brand and end truck production at two plants by mid-2010 as it moves to deal with depressed demand.

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Campbell Shifts Products For China, Russia Markets

October 14, 2008 5:35 am | by Geoff Mulvihill, Associated Press Writer | Comments

Condensed soups seemed foreign to families that often cook homemade meals, causing Campbell’s to focus on broths that give time-pressed families a head start.

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China-U.S. Trade Surplus Steady At $17.5 Billion

October 14, 2008 5:30 am | by Christopher Bodeen, Associated Press Writer | Comments

Beijing's September trade surplus with the U.S. remained unchanged from August, showing the resiliency of exports despite fears of a downturn in key markets.

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Candy Maker Cadbury Sheds 580 Jobs

October 14, 2008 5:28 am | by Jane Wardell, AP Business Writer | Comments

World's biggest candy maker is cutting about 1.3 percent of its work force, as it moves to streamline operations even as it reported improved third-quarter sales.

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PepsiCo Cutting 3,300 Jobs

October 14, 2008 5:21 am | Comments

Company plans to eliminate 3,300 positions globally, as it reports a 9.5 percent drop in third-quarter profit.

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Former Fed Chief Warns Of 'Considerable Recession'

October 14, 2008 5:13 am | by Alex Kennedy, Associated Press Writer | Comments

Paul Volcker, former Fed Reserve chairman, said the U.S. and Europe face a 'considerable recession' as global financial crisis affects consumer demand and industrial production.

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