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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Fed Keeps Rates Low, But Brace For The Inevitable

September 19, 2014 3:53 pm | by Paul Wiseman & Martin Crutsinger, AP Economics Writers | News | Comments

Record-low interest rates will be around for at least a few more months, the Federal Reserve made clear Wednesday. Enjoy the easy money while it lasts. By mid-2015, economists expect the Fed to abandon a nearly 6-year-old policy of... 

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Infographic: Anticipated Impact Of FSMA On Manufacturers

September 19, 2014 3:41 pm | by PMMI | Articles | Comments

Food industry stakeholders appear to be confused about Food Safety Modernization Act (FSMA) implementation deadlines--in particular--shifting FDA timelines. In its 2014 Food Safety & Traceability Study, PMMI, The Association for Packaging and Processing Technologies, reports...

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Panasonic To Enter Electrical Construction Materials Market In Tanzania

September 19, 2014 2:46 pm | by The Associated Press | News | Comments

Panasonic Marketing Middle East & Africa-–the regional headquarters based in Dubai, UAE for Panasonic Corporation, Japan and a leading player in the environmentally friendly eco solutions category, is looking to expand in the potential Tanzania market, as part of its...

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Methanex Restarts Chile Plant

September 19, 2014 2:39 pm | by The Associated Press | News | Comments

Methanex Corporation announced today that it has successfully restarted its Chile I plant at its site in Punta Arenas, Chile. The Chile operation had been idled since May 2014 due to insufficient natural gas supply. John Floren said, "We are pleased to have restarted our Chile I plant, supported by...

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Pabst Brewing To Be Sold To Russian Company

September 19, 2014 2:26 pm | by The Associated Press | News | Comments

The maker of Pabst Blue Ribbon beer is being sold to Russian company Oasis Beverages for an undisclosed sum. Oasis is buying Pabst with TSG, an investment firm known for its work with consumer products companies. TSG Consumer Partners will take...

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Thor Industries Plans Expansions For 2 Indiana Factories

September 19, 2014 2:12 pm | by The Associated Press | News | Comments

Thor Industries is planning expansion projects at two recreational vehicle factories in northern Indiana. Thor Industries says the projects will boost production at its Heartland RV plant in Elkhart and for its Keystone subsidiary in Goshen. Thor officials say it is spending $8 million on...

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Workers Accused Of Stealing Parts From Texas Plant

September 19, 2014 2:06 pm | by The Associated Press | News | Comments

Police say eight workers at a Caterpillar plant in Texas are accused of stealing more at least $160,000 in parts from the company. The Seguin Police Department says nine people — including the eight workers — were taken into custody on Friday after the owner...

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California Unemployment Rate Stays At 7.4 Percent

September 19, 2014 1:55 pm | by The Associated Press | News | Comments

California's unemployment rate was unchanged for a third month, holding at 7.4 percent in August, officials said Friday.The state added 44,200 nonfarm jobs during the month, bringing the total to 15.5 million, the California Emloyment Development Department...

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Auto Part Suppliers Unsure Of Medium & Heavy Commerical Vehicles Segment

September 19, 2014 1:48 pm | by Ashutosh Shyam, The Economic Times | News | Comments

The medium & heavy commercial vehicles (MHCV) segment has seen improving sales in the past three months. The expansion, after a prolonged period of falling sales, gives credence to expectations of an economic turnaround and much-needed relief to vehicle manufactures, but...

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CT Panel Quizzes Millstone Over Safety

September 19, 2014 1:02 pm | by The Associated Press | News | Comments

A citizens' panel that oversees safety issues at Millstone Power Station closely questioned representatives of the nuclear plant about whether three recent federal inspections signal a problem with the plant's operation. The Day of New London reports that Bill Sheehan, chairman...

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Bibby Financial Provides $1.25M Facility For Apparel Manufacturer

September 19, 2014 12:37 pm | by The Associated Press | News | Comments

Bibby Financial Services announced today that it has funded a $1.25M non-recourse factoring facility for a California-based apparel manufacturer. This new business saw increased demand for private-label denim, but as a start-up had struggled to...

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FDA Tweaks Food Safety Rules For Next Year

September 19, 2014 10:36 am | by Mary Clare Jalonick, The Associated Press | News | Comments

The government is rewriting sweeping new food safety rules after farmers complained that they could hurt business.The Food and Drug Administration is proposing the revised rules Friday. The FDA is tweaking earlier proposals that included...

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Production Of New GM Cadillac To Be At Detroit Plant

September 19, 2014 10:11 am | by The Associated Press | News | Comments

General Motors will begin building a new, top-end Cadillac sedan late next year at its Detroit-Hamtramck assembly plant. The auto maker said Friday that the rear-wheel drive car will make its debut in the first half of 2015, and that it will reveal...

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Chesapeake Utilities To Build Heat, Power Plant In Florida

September 19, 2014 10:02 am | by The Associated Press | News | Comments

Chesapeake Utilities Corporation announced today that its subsidiary, Eight Flags Energy, LLC, is pursuing the development and construction of a combined heat and power plant in Fernandina Beach on Amelia Island in Nassau County, Florida. The plant will be...

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Ohio Unemployment Rate Unchanged For August

September 19, 2014 9:52 am | by The Associated Press | News | Comments

Ohio's unemployment rate for August was unchanged from the previous month, according to state statistics released Friday. The Ohio Department of Job and Family Services said last month's 5.7 percent unemployment rate was identical to July's, with overall non-agricultural employment increasing by...

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NAM Welcomes Extension Of Internet Tax Moratorium

September 19, 2014 9:40 am | by National Association of Manufacturers | News | Comments

National Association of Manufacturers Vice President of Tax and Domestic Economic Policy Dorothy Coleman issued this statement thanking Congress for including the ban on taxing Internet access in the continuing resolution approved this...

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Alibaba Poised To Surge On The NYSE

September 19, 2014 9:32 am | by Mae Anderson, The Associated Press | News | Comments

Chinese e-commerce powerhouse Alibaba's began trading on the New York Stock Exchange today in a highly anticipated debut that could raise up to $25 billion. The company priced its initial public offering of stock Thursday evening at $68 per share, the top end of the expected...

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Maglite's Commitment To American Manufacturing

September 18, 2014 5:20 pm | by ABC News | Videos | Comments

The flashlight company, started 50 years ago in South Carolina, refuses to go overseas.                           

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Amazon Founder's Firm To Build New Rocket Engines

September 18, 2014 5:16 pm | News | Comments

Amazon.com founder Jeff Bezos plans to build a rocket engine that would eventually replace the Russian mainstay used in many American unmanned launches.United Launch Alliance, a collaboration of two aerospace giants that launches unmanned rockets, announced Wednesday...

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Senators Coons, Ayotte Introduce Bipartisan Bill To Boost Manufacturing Training

September 18, 2014 4:49 pm | by Office of U.S. Senator Chris Coons | News | Comments

U.S. Senators Chris Coons (D-Del.) and Kelly Ayotte (R-N.H.) introduced bipartisan legislation Thursday to help cities and states build 21st century manufacturing training programs. The Manufacturing Skills Act would create an annual $100 million competitive grant to support initiatives that...

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