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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Report: Matsushita To Build Battery Plant

July 17, 2008 12:10 pm | Comments

Japanese consumer electronics company plans to build a new lithium-ion battery plant, a move that will triple its current output capacity to meet soaring global demand.


Aquest Offers $326M For Asyst

July 17, 2008 12:05 pm | Comments

Company confirmed Thursday that on July 9 it sent Asyst Technologies Inc. an offer to buy the chip manufacturing equipment maker for $6.50 per share in cash.


Report: Teva Looking To Buy Barr Pharmaceuticals

July 17, 2008 12:02 pm | by Marley Seaman, AP Business Writer | Comments

Israeli newspaper reports there have been buyout talks between Barr and industry leader Teva Pharmaceutical Industries.


Oil Falls Below $130

July 17, 2008 11:57 am | by Adam Schreck, AP Business Writer | Comments

Prices fell below $130 a barrel for the first time in more than a month, as a dramatic slide entered a third day along with a sharp sell-off in natural gas.


Coke Drinkers Can Expect To Pay More Soon

July 17, 2008 11:54 am | by Vinnee Tong, AP Business Writer | Comments

Coca-Cola Enterprises will raise prices after Labor Day because of higher commodity costs and declining U.S. soda sales.


Trade Associations Ask Gov't For 10+2 Prototype

July 17, 2008 11:00 am | by Edited by Staff | Comments

National Association of Manufacturers among the 40 groups asking for a prototype program so the government can study security risks and companies won’t have to change their operations.


Horton Appoints New Senior VPs, General Managers

July 17, 2008 7:55 am | by Edited by Staff | Comments

Airflow products maker has appointed Jeff Lindgren and Steve Wardleworth as senior vice presidents and general managers of product lines in a restructuring move.

EU: Trade Pact Would Boost Global Economy

July 17, 2008 7:30 am | by Aoife White, AP Business Writer | Comments

Troubled global trade talks are a crucial test for how a new world order can handle future world challenges such as climate change and food supply, the EU's trade chief said.


IMF: Global Growth To Slow 'Significantly' In Second Half

July 17, 2008 7:19 am | Comments

International Monetary Fund warned of a further slowdown in the global economy amid growing inflationary pressure and slowing demand in developed countries.


Boeing Machinists Agree To Strike Authorization

July 17, 2008 6:55 am | by Dan Catchpole, Associated Press Writer | Comments

Machinists voted overwhelmingly Wednesday for a preliminary strike authorization in a show of support for union negotiators in contract talks with the aerospace giant.


Airbus Tops Boeing At Farnborough Air Show

July 17, 2008 6:34 am | by Jane Wardell, AP Business Writer | Comments

European plane maker emerged as the clear winner, after racking up plane orders that dwarf the deals done by U.S. rival Boeing Co.


U.S. Issues New Rule On Airplane Fuel Tanks

July 17, 2008 6:30 am | by Joan Lowy, Associated Press Writer | Comments

Device to prevent airplane fuel tanks from exploding must be installed on certain passenger jets and cargo planes, federal officials said.


Truck Plant In Canada Cutting 720 Jobs

July 17, 2008 6:05 am | Comments

Sterling Trucks eliminating one shift and laying off another 720 workers as it joins the growing ranks of companies being squeezed by an economic slowdown in the U.S.


Arkansas Aluminum Firm No Longer Public Company

July 17, 2008 5:55 am | Comments

Aluminum die-casting firm bought by a publicly traded company in 1996 has returned to private hands under its former name, Pace Industries Inc.


Volkswagen Plant Validates Tennessee Town

July 17, 2008 5:54 am | by Bill Poovey, Associated Press Writer | Comments

When VW said yes to Chattanooga, the city that had shed its reputation for dirty air forgot years of frustrating rejections by automakers.


Oil Prices Continue To Slide

July 17, 2008 5:50 am | by George Jahn, Associated Press Writer | Comments

Crude prices fell for a third consecutive day on Thursday amid evidence that the high cost of oil and gasoline was slowing U.S. demand.


GAO: Armored Vehicles Could Become Costly

July 17, 2008 5:45 am | by Stephen Manning, AP Business Writer | Comments

Military’s accelerated pace to buy and deploy thousands of heavily armored mine resistant vehicles could lead to problems with maintenance and cost overruns.


Feds Want Stronger English Law For Truckers

July 17, 2008 5:43 am | by Jay Reeves, Associated Press Writer | Comments

Government, citing safety reasons, is trying to tighten the law requiring anyone with a commercial drivers license to speak English well enough to talk with police.


Automakers Offer Hybrids To NYC Cab Fleet

July 17, 2008 5:28 am | by Sara Kugler, Associated Press Writer | Comments

Three major auto manufacturers are promising to reserve 300 new hybrid vehicles each month exclusively for the city as it replaces its entire fleet of yellow cabs.


GE Healthcare Unit Names New CEO

July 17, 2008 5:25 am | Comments

John Dineen to become President and Chief Executive of GE’s Healthcare business, after the unit's previous leader accepted a post with electrical engineering company ABB.


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