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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

OPEC Scrambles As Oil Prices Plunge

October 21, 2008 9:30 pm | by George Jahn, Associated Press Writer | News | Comments

With the global economy edging toward recession, the specter of diminishing oil supply has been blown away by a stunning lack of demand that now has the market in a stranglehold.

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Nissan Cutting U.S. Output

October 21, 2008 1:34 pm | News | Comments

Japanese automaker is cutting production of its Altima models at assembly plants in Tennessee and Mississippi due to sluggish U.S.demand.

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Strategize to Optimize -- PAS 3rd Annual Users Conference

October 21, 2008 11:27 am | Events

The conference will feature an industry executive panel discussion on the #1 challenge for the process industries, "Knowledge Retention: Dealing with...

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PC Makers Could Slash Prices Early For Holidays

October 21, 2008 10:50 am | by Jessica Mintz, AP Technology Writer | News | Comments

Prices on personal computers appear to be holding steady, but buyers may get better deals soon as computer companies try to avoid getting stuck with a pile of unsold inventory on Dec. 31.

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Going Virtual Has Real Risks

October 21, 2008 10:45 am | by Anthony Mar, Product Marketing Manager, Embotics | Articles | Comments

By Anthony Mar, Product Marketing Manager, Embotics Virtualization has the potential to reduce IT costs and enable more flexible processes and faster service innovation, but mismanagement can increase costs and vulnerability to risk.

Carlisle Closing Several Plants

October 21, 2008 10:35 am | News | Comments

Diversified manufacturer said Tuesday it will close some plants as it deals with higher costs, a slowdown in the housing market, and lower profit.

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Nissan Gives Buyout Offers Time To Reconsider

October 21, 2008 10:31 am | by Dan Strumpf, AP Auto Writer | News | Comments

Automaker's North American unit gave workers until mid-November to withdraw from the buyout program, as they may want to reconsider in light of the economic slowdown.

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Cooper Tire: Overcapacity May Force Restructuring

October 21, 2008 10:24 am | News | Comments

Tire maker said Tuesday it launched a capacity study of its U.S. manufacturing facilities that will likely lead to consolidation or restructuring.

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SSAB Picks Alabama For Steel Heat Treating Site

October 21, 2008 9:05 am | by Edited by Manufacturing.net staff | News | Comments

Global producer of high-strength steels selected Mobile, Ala., as the site for a new steel plate heat treating plant that will bring approximately 180 new jobs to the facility.

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Analyst: Defense Companies Need To Seek New Markets

October 21, 2008 8:50 am | News | Comments

Arms manufacturers will have to seek new markets as the economic crisis and changing priorities curb military spending in the U.S. and Europe, said analyst Jane's Information Group.

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Boeing, Machinists To Resume Talks

October 21, 2008 8:40 am | by Tim Klass, Associated Press Writer | News | Comments

Negotiations to end a 45-day Machinists union strike against the Boeing Co. will resume Thursday with a federal mediator in Washington, D.C.

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Cooper Tire: U.S. Plant Closure 'Likely'

October 21, 2008 7:11 am | News | Comments

Ohio-based Cooper Tire & Rubber Co. says it will likely close one of four U.S. manufacturing plants in the coming months due to slumping demand for tires.

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Gail Pittman Inc. To Shut Down Mississippi Factory

October 21, 2008 6:30 am | News | Comments

Company’s emphasis will shift to design and licensing as it moves production of its hand-crafted tableware and shuts down its Ridgeland manufacturing facility in 2009.

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DaimlerChrysler Shareholder Suit Goes Back To Court

October 21, 2008 6:26 am | News | Comments

German court opened a new hearing of a suit by former shareholders over the handling of the 1998 combination of Daimler-Benz with Chrysler.

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Kodak, Nokia Sign Licensing Agreement

October 21, 2008 6:21 am | News | Comments

Eastman Kodak said it struck a licensing deal with cell phone maker Nokia Corp. that gives each company access to the other's intellectual property.

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Study: Safety A Problem For New Generation Drugs

October 21, 2008 6:20 am | by Lindsey Tanner, AP Medical Writer | News | Comments

New biological drugs thought to be safer than traditional chemical-based medicines produce side effects that lead to safety warnings soon after they go on the market, a study found.

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Economic Woes Delay Georgia Tire Plant

October 21, 2008 5:55 am | News | Comments

Downturn in the automobile industry and the global economy will delay construction of the Kumno Tire plant in south Bibb County.

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UAW ‘Unhappy’ With GM-Chrysler Merger Talk

October 21, 2008 5:55 am | News | Comments

United Auto Workers President Ron Gettelfinger says talk of a merger between GM and Chrysler has workers concerned about their future after dedicating their lives to the corporations.

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Rheem Manufacturing To Lay Off 180

October 21, 2008 5:52 am | News | Comments

Company to lay off 180 workers in Fort Smith, Ark., because orders have dropped, but says the workers may be called back when the economy improves.

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Spirit AeroSystems To Supply Parts For Continental

October 21, 2008 5:45 am | News | Comments

Commercial and military aircraft parts maker said Tuesday it has signed a deal to supply structural parts and components for Continental Airlines' fleet of Boeing aircraft.

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