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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

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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Senator Coleman To Meet With Ford

November 17, 2008 9:57 am | News | Comments

Minnesota Republican Sen. Norm Coleman plans to meet with a Ford Motor Co. official this week to discuss the state of the auto industry.

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Stocks Fluctuate On Economic News

November 17, 2008 9:52 am | by Sara Lepro and Madlen Read, AP Business Writers | News | Comments

Better-than-expected industrial production reading did little to boost outlook of investors nervously waiting to see whether the nation's troubled automakers would get a bailout.

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Merkel: Opel Loan Uncertain

November 17, 2008 9:03 am | by George Frey, AP Business Writer | News | Comments

German Chancellor Angela Merkel said Monday after meeting with Adam Opel GmbH that it was 'not yet determined' whether the automaker would be given $1.25 billion in loan guarantees.

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Getrag Transmission Facility Files For Bankruptcy

November 17, 2008 7:50 am | News | Comments

German manufacturer said Monday it filed Chapter 11 for its Tipton, Ind., facility after Chrysler pulled out of a financing options agreement and left the plant without a primary customer.

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Precision Castparts Buys Hackney Ladish

November 17, 2008 7:45 am | News | Comments

Metal-component maker said Monday it agreed to acquire a producer of forged pipe fittings, in an effort to expand its reach in the oil and gas industry.

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Kentucky-Based Brake Maker To Cut Work Force

November 17, 2008 7:38 am | News | Comments

Akebono Brake Corp., a maker of brakes for automobiles, has asked employees to take voluntary retirements and is not filling vacancies in an effort to reduce costs.

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EU, China Sign Consumer Safety Agreement

November 17, 2008 7:30 am | News | Comments

Under the agreement, the two sides will more quickly swap information on tainted food and other dangerous goods, and carry out coordinated checks on producers.

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Industrial Output Rebounds In October

November 17, 2008 7:11 am | by Martin Crutsinger, AP Economics Writer | News | Comments

Federal Reserve said Monday that industrial output rose 1.3 percent last month, after plunging in September by the largest amount in over 60 years.

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Japanese Firm Recalls U.S. Bottled Water

November 17, 2008 5:25 am | News | Comments

Otsuka Beverage Co Ltd. said it would recall bottles of Crystal Geyser mineral water imported from the United States after consumers complained about a strange smell.

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Experts: Auto Industry Suppliers In Danger Also

November 17, 2008 5:20 am | by Bree Fowler, AP Auto Writer | News | Comments

Financial woes of U.S. auto suppliers have the potential to set off a cataclysmic chain of events in the industry if key parts makers run out of cash and fail, say automotive analysts.

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Green Motives Behind Panasonic's Bid For Sanyo

November 17, 2008 5:17 am | by Yuri Kageyama, AP Business Writer | News | Comments

Ability to acquire Sanyo's two green-energy pillars, solar cell technology and rechargeable batteries, are what drove Panasonic to announce a bid this month.

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White House: Auto Industry Not Part Of $700B Bailout

November 17, 2008 5:15 am | by Stephen Ohlemacher, Associated Press Writer | News | Comments

With Congress returning to deal with an auto industry in dire financial straits, White House stressed it supports help, but not at the expense of the $700 billion bailout.

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Curtiss-Wright Appoints Co-COO's

November 17, 2008 5:05 am | News | Comments

Industrial supplier Curtiss-Wright Corp. on Monday said it named David J. Linton and David C. Adams to the new positions of co-chief operating officers.

General Motors To Sell Suzuki Stake

November 17, 2008 5:02 am | by Shino Yuasa, Associated Press Writer | News | Comments

Cash-strapped GM will sell its stake in Suzuki Motor Corp. for $230 million, its latest move to stay afloat while awaiting a decision on government aid for the industry.

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Britain's Economic Outlook Gets Darker

November 17, 2008 4:58 am | by Jane Wardell, AP Business Writer | News | Comments

Recession in Britain will be longer and deeper than first thought, country's leading business lobby warned, as a separate survey showed falls in house prices are picking up pace.

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Analyst: Consolidation Likely Among Machinery Makers

November 17, 2008 4:35 am | News | Comments

Manufacturers such as Caterpillar and Deere may become buyers of smaller companies amid a wave of consolidation after the liquidity crisis eases, an analyst said Monday.

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