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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Johnson & Johnson Buys Mentor

December 1, 2008 4:55 am | Comments

Health care products company to buy the medical products supplier Mentor for $1.07 billion in a move to boost its presence in cosmetic and reconstructive medicine.


K-Dow Petrochemicals Gets Set To Launch

December 1, 2008 4:49 am | Comments

Officials say a joint petrochemicals venture between Dow Chemical Co. and a Kuwaiti company will begin operations by Jan. 1.


UAW Chief Pleads For Government Aid

December 1, 2008 4:40 am | by Julie Hirschfeld Davis, Associated Press Writer | Comments

Head of the United Auto Workers made a public plea for government help for U.S. carmakers as the Big 3 put final touches on stabilization plans to submit to Congress.


Japanese Manufacturing Workers’ Overtime Hours Drop

December 1, 2008 4:35 am | Comments

Overtime hours worked by employees in manufacturing dropped by a sharp 11.1 percent in October from a year earlier due to slumping production activity in Japan.


Report: OPEC To Cut Output In December

December 1, 2008 4:12 am | Comments

Iranian state TV reports that OPEC's Secretary-General says a daily oil production cut of between 1 million and 1.5 million barrels is likely in December.


Fuel-Cell Powered Devices Coming Soon

December 1, 2008 4:10 am | by Dirk Lammers, AP Energy Writer | Comments

Consultant thinks products are now truly a year or two away, as electronics manufacturers show more interest and fuel cell makers move beyond prototypes.

South Korean Exports Hit 7-Year Low

December 1, 2008 4:05 am | by Kelly Olsen, AP Business Writer | Comments

South Korea's exports fell in November by the most in nearly 7 years, the government said, while automakers took steps to cut production as demand slumps.


Sweden In Talks To Help Saab, Volvo

December 1, 2008 4:04 am | by Malin Rising, Associated Press Writer | Comments

Swedish government confirmed Monday it is in talks with GM and Ford after a report that the U.S. automakers are seeking support for their struggling Swedish brands.


UK Manufacturing Declines At Record Clip

December 1, 2008 4:00 am | by Pan Pylas, AP Business Writer | Comments

British manufacturing activity contracted at a record pace during November as new orders collapsed, a closely-watched survey found Monday.


Chinese Manufacturing Shrinks In November

December 1, 2008 3:56 am | by Joe McDonald, AP Business Writer | Comments

China's manufacturing activity contracted sharply as a downturn in the world's fourth-largest economy worsened, raising the threat of job losses.


Chip Sales Fall 2.4 Percent In October

November 30, 2008 7:00 pm | Comments

Semiconductor Industry Association said Monday that global chip sales fell as prices declined for chips used in digital cameras, cell phones and music players.


Jobless Claims Drop More Than Expected

November 26, 2008 12:30 pm | by Christopher S. Rugaber, AP Economics Writer | Comments

New jobless claims fell more than expected last week from a 16-year high, the government said, though they remain at elevated levels due to the slowing economy.


Consumer Spending Declines In October

November 26, 2008 5:30 am | by Martin Crutsinger, AP Economics Writer | Comments

Commerce Department reported that consumer spending plunged by 1 percent last month, even worse than the 0.9 percent decline that had been expected.


Durable Goods Orders Plunge In October

November 26, 2008 5:20 am | by Martin Crutsinger, AP Economics Writer | Comments

Orders for big-ticket manufactured goods fell 6.2 percent, the largest amount in two years as manufacturing was battered by overall economic weakness.


Economic Reports Show Bleak Outlook

November 26, 2008 5:18 am | by Martin Crutsinger, AP Economics Writer | Comments

Government says jobless claims remain at recessionary levels, while Americans cut back on their spending by the largest amount since 2001 and factory orders plummeted.


Daimler: Talks Stalled On Chrysler Stake

November 26, 2008 5:05 am | by Tom Krisher, AP Auto Writer | Comments

Automaker says talks to sell its remaining stake in struggling Chrysler have stalled because of exaggerated demands from owner Cerberus Capital Management LP.


Workers Protest At Chinese Toy Factory

November 26, 2008 4:28 am | by William Foreman, Associated Press Writer | Comments

About 200 protesters stormed the gates of a toy factory in southern China that supplies U.S. toy maker Hasbro, the second day of demonstrations over a pay dispute.


Bosai Minerals Plans Aluminum Plant In S. America

November 26, 2008 4:25 am | Comments

Chinese mining company says it will invest $1 billion to build an aluminum plant in southwest Guyana.


BHP Hunts For New Takeover Opportunities

November 26, 2008 4:20 am | by Rohan Sullivan, Associated Press Writer | Comments

Mining giant said it was looking for other takeover targets after abandoning its $68 billion hostile bid for Rio Tinto citing risky conditions.


Germany Faces 'Year Of Bad News' In 2009

November 26, 2008 4:18 am | by Geir Moulson, Associated Press Writer | Comments

Europe's biggest economy fell into recession and the government recently slashed its 2009 growth forecast to 0.2 percent, but many economists now expect negative growth.



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