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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Bernanke: Financial Turmoil Easing, Not Yet 'Normal'

May 13, 2008 12:42 pm | by Jeannine Aversa, AP Economics Writer | Comments

Problems in financial markets have eased somewhat, but the situation is still 'far from normal,' Fed Chairman Ben Bernanke said Tuesday.

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Lead Paint Case Heads To R.I. Supreme Court

May 13, 2008 8:05 am | by Eric Tucker, Associated Press Writer | Comments

More than two years after a jury found Sherwin-Williams, NL Industries and Millennium Holdings liable for creating a public nuisance the case heads to the Rhode Island Supreme Court.

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Workers Sue Smithfield Foods Over Labor Violations

May 13, 2008 7:45 am | Comments

About 230 current and former workers are suing Smithfield Foods, contending that for years they weren't paid for 30 to 45 minutes of daily overtime.

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GM Workers In Ohio Get Ready To Strike

May 13, 2008 7:31 am | by Tom Krisher, AP Auto Writer | Comments

Workers at a General Motors Corp. metal stamping plant in Ohio have threatened to go on strike Thursday in a dispute over local contract issues, a GM spokesman said.

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Northrop Grumman, EADS To Build Air Tanker Facilities

May 13, 2008 7:30 am | by Edited by Manufacturing.net Staff | Comments

Two adjacent manufacturing facilities will be built in Mobile, Alabama to produce the Air Force’s new fleet of aerial refueling tankers.

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Hundreds Arrested In Immigration Raid At Iowa Plant

May 13, 2008 7:10 am | by Henry C. Jackson, Associated Press Writer | Comments

Federal immigration agents arrested more than 300 people in Postville during a raid at the nation's largest kosher meatpacking plant.

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Toyota, Others Halt China Operations

May 13, 2008 6:55 am | Comments

Automaker among the Japanese companies with operations in China's Sichuan province that have temporarily halted business in the region following Monday's earthquake.

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U.S. Retail Sales Down In April

May 13, 2008 6:50 am | by Martin Crutsinger, AP Economics Writer | Comments

Retail sales dipped 0.2 percent as Americans, battling soaring gasoline prices and a slumping economy, cut back further on their spending in April.

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VW To Provide U.S. Production Facility Plans In July

May 13, 2008 6:45 am | by George Frey, AP Business Writer | Comments

Sites in Alabama, Tennessee and Michigan have been named in the running for Volkswagen’s new plant, but the company won’t say until July where the facility will be.

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HP Will Pay $13.2 Billion For EDS

May 13, 2008 6:38 am | by Michael Liedtke, AP Business Writer | Comments

Company agreed to buy Electronic Data Systems Corp. for about $13.2 billion in cash to build a technology-services company that could challenge IBM.

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Italian Aerospace Company Buys DRS Technologies

May 13, 2008 6:34 am | Comments

Aerospace and defense company Finmeccanica SpA bought U.S. military contractor DRS Technologies Inc. for $5.2 billion, the companies said Tuesday.

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Tyco Electronics Selling Unit To Cobham

May 13, 2008 6:30 am | Comments

Company said Tuesday it will sell its radio frequency components and subsystem division to Cobham Defense Electronic Systems for $425 million in cash.

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Hyundai Puts U.S. Pickup Plans On Hold

May 13, 2008 6:28 am | Comments

South Korean automaker has shelved a plan to make pickup trucks in the United States as demand for that type of vehicle declines amid high oil prices.

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Pfizer Shuttering Indiana Plant

May 13, 2008 6:20 am | Comments

Drug maker will close its sterile manufacturing plant in Terre Haute by the middle of next year and eliminate the remaining 140 jobs at the plant.

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Chinese Earthquake Won't Shake Economy

May 13, 2008 6:20 am | by Elaine Kurtenbach, AP Business Writer | Comments

Earthquake that ripped through China, killing more than 12,000 people and crumpling roads and factories, will be only a transitory jolt for the booming economy, analysts say.

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AMD Executives Resign Amid Restructuring, Decline

May 13, 2008 6:15 am | Comments

Two executives have left Advanced Micro Devices as the company tries to engineer a dramatic turnaround to fend off larger rival Intel.

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Nestle To Scale Back California Water Plant

May 13, 2008 6:12 am | by Samantha Young, Associated Press Writer | Comments

Company said soaring fuel and transportation costs forcing it to scale back plans to build what would have been the largest water bottling plant in the U.S.

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Nissan: 4Q Profit Up, But Tough Times Ahead

May 13, 2008 6:02 am | by Yuri Kageyama, AP Business Writer | Comments

Automaker reported a big jump in fiscal fourth quarter profit, but like other Japanese automakers pinched by a strong yen and soaring oil and material costs, it forecast a rough year ahead.

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Crocs Wins Copyright Lawsuit Against Chinese Firms

May 13, 2008 6:00 am | Comments

Shoe maker said subsidiary Jibbitz LLC won a copyright and trademark infringement case against three Chinese shoe companies and was awarded damages of $56 million.

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Honda: New Fuel Cell Vehicle Lighter, More Efficient

May 13, 2008 5:55 am | by Yuri Kageyama, AP Business Writer | Comments

Automaker's new hydrogen-powered vehicle FCX Clarity reaches maximum speed of 99 miles an hour and comfortably seats four people.

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