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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

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.


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.


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.'


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


GM Closing Janesville Plant In December

October 13, 2008 12:10 pm | by Tom Krisher, AP Auto Writer | Comments

General Motors says it will idle its Janesville, Wis., sport utility vehicle factory on Dec. 23, earlier than the company had expected.


Chrysler: ‘Exploring Future Possibilities’

October 13, 2008 10:51 am | by Bree Fowler, AP Auto Writer | Comments

CEO Nardelli says his company hasn't reached any new deals with other automakers but has talked with outside parties interested in working with it.


Honda Converting SUV, Minivan Plant To Make Accords

October 13, 2008 10:00 am | Comments

Automaker says it will convert one of the two assembly lines at its Lincoln, Ala., factory so it can make V-6-powered Honda Accords by the middle of next year.


Aqua Glass Lays Off 32 At Tenn. Plant

October 13, 2008 9:50 am | Comments

Masco Corporation, corporate parent of the bath products maker, cited the downturn in the U.S. housing market as the reason for the layoffs.



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