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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

U.S. Steel Unit To Halt Pipe Production

January 5, 2009 11:10 am | Comments

Texas-based unit of United States Steel Corp. says it will stop making certain steel pipes used in the automotive and mining industries in an effort to focus on core businesses.


General Dynamics Acquires AxleTech

January 5, 2009 10:55 am | Comments

Defense contractor has completed its acquisition of AxleTech International, a manufacturer and supplier of vehicle parts for military, commercial and construction markets.


BAE Receives Mine-Resistant Vehicle Parts Contracts

January 5, 2009 10:55 am | Comments

Military contractor BAE Systems said Monday it has received six U.S. Army contracts valued at $115 million for replacement parts for mine-resistant vehicles in Iraq.


Ex-Boeing Worker Gets 10 Months For Vandalizing Copter

January 5, 2009 10:45 am | Comments

Former Boeing assembly line employee will spend five months in prison and five months in home confinement for damaging a $24 million military helicopter.


Caterpillar To Open New Plant In Arkansas

January 5, 2009 10:30 am | by Chuck Bartels, AP Business Writer | Comments

World's largest maker of construction and mining equipment said the plant, located in North Little Rock, will build motor graders and employ about 600 people.


Porsche Ups VW Stake, Gets Indirect Control Of Scania

January 5, 2009 10:20 am | by Matt Moore, AP Business Writer | Comments

Automaker increased its stake in Volkswagen to more than 50 percent, giving it indirect control of truck maker Scania AB and requiring the company to make a mandatory takeover offer.


Waterford Wedgwood Files For Bankruptcy Protection

January 5, 2009 9:00 am | by Jane Wardell, AP Business Writer | Comments

Classic crystal, china maker is the latest in a burgeoning list of iconic British companies to succumb to the global economic slowdown and credit squeeze.


Bombardier Gets $2.1B Deal From German Railway

January 5, 2009 8:10 am | Comments

Deutsche Bahn, Germany's state-owned railway, has signed a framework agreement with Bombardier to buy 800 train cars in a deal with worth up to $2.1 billion.


AK Steel Adds Surcharge To Steel Products

January 5, 2009 7:55 am | Comments

Company said Monday it will add a $165 per ton surcharge to electrical steel products shipped in February.


Oshkosh Defense Contract Could Be Worth $1B

January 5, 2009 7:45 am | Comments

Contract with the Department of Defense to provide replacement parts for Oshkosh's military trucks could be worth as much as $1.12 billion over 10 years.


Tyson Foods CEO Steps Down

January 5, 2009 7:40 am | Comments

World’s largest meat processor said President and Chief Executive Dick Bond will step down effective immediately.


Recession To Cast Shadow Over CES Show

January 5, 2009 7:25 am | by Peter Svensson, AP Technology Writer | Comments

International Consumer Electronics Show, the largest trade show in the U.S., opens this week in Las Vegas, despite the pall of a recession hanging over the industry.


WTO Chief Only Candidate For Next Term

January 5, 2009 5:20 am | Comments

World Trade Organization's incumbent Director-General Pascal Lamy is the sole candidate to lead the body for the next four years, officials said Monday.


Wind Tower Manufacturer Cutting Back

January 5, 2009 4:55 am | Comments

DMI Industries says it's cutting back its work force, six months after the company announced a major expansion of its West Fargo, N.D. plant.


Amsted Rail To Cut Over 300 Jobs In Illinois

January 5, 2009 4:55 am | Comments

Steel company says it will lay off 363 employees at its mill in Granite City beginning Feb. 16.


Ssangyong Motor Gets $45 Million From China’s SAIC

January 5, 2009 4:35 am | Comments

Ailing South Korean automaker received $45 million from its Chinese parent Shanghai Automotive Industry Corp. to stave off a possible liquidity problem.


Japanese Automakers Hope For U.S. Recovery

January 5, 2009 4:35 am | by Yuri Kageyama, AP Business Writer | Comments

Japan's export-dependent automakers, battered by the slowdown in the U.S., expressed hopes for a turnaround and a strengthening dollar to fix the faltering global market.


Chinese Manufacturing Declines In December

January 5, 2009 4:30 am | Comments

Manufacturing in China shrank for the third month as export demand fell, suggesting an economic slump is worsening despite government efforts to shield the country from global turmoil.


PDL BioPharma, Alexion Settle Soliris Dispute

January 5, 2009 4:20 am | Comments

PDL claimed patent infringement in the dispute over the blood disorder drug Soliris; settlement was in a cash for rights exchange.


Jobs Reveals Health Issues, Will Remain Apple CEO

January 5, 2009 4:15 am | Comments

Apple founder and Chief Executive Steve Jobs, looking to quell rumors about his health, said his doctors have discovered a hormonal imbalance that has been causing his weight loss.



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