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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Chrysler, German Company Team Up On Axle Plant

November 18, 2008 6:45 am | by Tom Krisher, AP Auto Writer | News | Comments

Automaker says it has reached an agreement with Germany's ZF Friedrichschafen AG to run a new axle factory north of Detroit.

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AstraZeneca Names U.S. Business President

November 18, 2008 6:35 am | News | Comments

British pharmaceutical company said Tuesday it has named Rich Fante president of its U.S. business.

South Carolina Textile Plant Cuts 300 Jobs

November 18, 2008 6:33 am | News | Comments

Solutia Inc. nylon manufacturing plant in Greenwood, S.C., is laying off 300 workers because of the poor economy.

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SKD To Cut More Than 300 Jobs

November 18, 2008 5:28 am | News | Comments

Manager says executive at SKD Automotive Group confirmed that the company will not close a parts plant, despite SKD's decision to cut over 300 jobs at the factory.

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ON Semi, Microchip Withdraw Bid To Buy Atmel

November 18, 2008 5:15 am | News | Comments

Chipmakers ON Semiconductor and Microchip made an unsolicited bid to buy Atmel last month for $2.3 billion, but the companies withdrew the joint proposal on Tuesday.

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InBev Closes Anheuser Takeover

November 18, 2008 5:06 am | by Aoife White, AP Business Writer | News | Comments

Belgian brewer on Tuesday formed the world's largest brewer when it closed its $52 billion takeover of Anheuser-Busch Cos.

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U.S. Wholesale Prices Plunge In October

November 18, 2008 5:00 am | by Martin Crutsinger, AP Economics Writer | News | Comments

Labor Department reported Tuesday that wholesale prices dropped by 2.8 percent in October, the biggest one-month decline on records that go back more than 60 years.

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GM Unveils 3 New Models For Chinese Market

November 18, 2008 4:50 am | by Elaine Kurtenbach, AP Business Writer | News | Comments

Hoping to keep its edge in a market vital to its future as it struggles for survival, General Motors unveiled a Buick Enclave SUV, Chevrolet Cruze sedan and Cadillac CTS-V for China.

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Chinese Exec: Oil Should Rebound To $70-$80

November 18, 2008 4:40 am | by Paul Haven, Associated Press Writer | News | Comments

Head of China's biggest offshore energy producer said he thinks oil prices are likely to return to the $70-$80 barrel range, though low prices could continue for some time.

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Spansion Files Patent Lawsuit Against Samsung

November 18, 2008 4:40 am | News | Comments

World's No. 3 maker of flash memory chips by revenue sued Samsung, claiming millions of consumer electronic devices made with Samsung’s flash memory chips violate Spansion patents.

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Ford Chief Defends Company

November 18, 2008 4:37 am | News | Comments

Chief exec Alan Mulally said automaker is working hard to 'transform our business' into a more profitable one that meets 21st century demands for fuel-efficient vehicles.

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Eclipse Workers Back On The Job, Receive Paychecks

November 18, 2008 4:30 am | by Heather Clark, Associated Press Writer | News | Comments

Employees for Eclipse Aviation have returned to work and are getting their paychecks, after being told last week that the company could not make payroll.

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U.S. Working With China On Product Safety

November 18, 2008 4:29 am | by Audra Ang, Associated Press Writer | News | Comments

Worries about quality of Chinese exports to the U.S. have become a major feature of trade ties, with substandard food and lead-tainted toys among recurring safety scares.

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Big Three Beg For Bailout

November 18, 2008 4:27 am | by Julie Hirschfeld Davis, Associated Press Writer | News | Comments

Detroit's Big Three automakers begging Congress for a $25 billion government rescue, while the legislation clings to life support on Capitol Hill.

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Cash-Strapped Ford Slices Mazda Stake

November 18, 2008 4:22 am | by Jay Alabaster, Associated Press Writer | News | Comments

Ford slashing stake in Japan's Mazda Motor Corp. by nearly two-thirds, joining other struggling U.S. automakers in a fire-sale of prized assets to stay afloat.

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Jayco Closing Indiana RV Plant

November 18, 2008 4:20 am | News | Comments

Recreational vehicle manufacturer plans to close its Topeka, Ind., Starcraft trailer plant in early January, idling 244 workers.

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Ford Shows Off 2010 Mustang

November 18, 2008 4:19 am | News | Comments

Automaker tries to revive its classic Mustang muscle car with a makeover for the 2010 model year that debuts at this week's Los Angeles Auto Show.

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China Denies Stealing U.S. Space Tech

November 18, 2008 4:15 am | News | Comments

Beijing dismissed suggestions it is seeking to illegally obtain U.S. space technology after a scientist in the United States was convicted of violating the U.S. arms embargo on China.

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Auto Industry Bailout Hopes Dim

November 17, 2008 12:08 pm | by Stephen Ohlemacher and Julie Hirschfeld Davis, Associated Press Writer | News | Comments

Prospects dimmed Monday for a $25 billion bailout for the faltering auto industry, as congressional Democrats and the Bush administration headed for a stalemate over the plan.

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Honda Dedicates First Indiana Assembly Plant

November 17, 2008 10:20 am | by Tom Murphy, AP Business Writer | News | Comments

Honda eventually plans to make 200,000 gasoline-powered Civics a year by operating two shifts at the Greensburg, Ind., factory which covers 42 acres.

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