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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Oil Chiefs Warn Prices Could Spike

November 3, 2008 7:30 am | by Adam Schreck, AP Business Writer | News | Comments

Oil executives and political leaders said Monday that the era of cheap energy is over, and warned of another price spike if investment in oil production is curtailed.

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U.S. Manufacturing Sinks In October

November 3, 2008 7:17 am | by Ellen Simon, AP Business Writer | News | Comments

Measure of U.S. manufacturing activity plummeted in October to 38.9 -- its lowest level in 26 years -- as new orders slowed dramatically.

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Bosch To Cut Workers’ Hours

November 3, 2008 6:35 am | News | Comments

Auto parts supplier said Monday it plans to reduce working hours for some workers at a German plant later this week as the car industry cuts costs and braces for economic recession.

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Caraco Gets FDA Warning On Quality Control

November 3, 2008 6:25 am | News | Comments

Generic drugmaker Caraco Pharmaceutical Laboratories Ltd. said it received a warning letter from the Food and Drug Administration over quality-control issues at its Detroit plant.

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Report: Midwest Expects Gloomy Economic Outlook

November 3, 2008 5:29 am | News | Comments

Survey of Midwest and Plains supply managers suggests they are dour about the regional economy over the next six months, as the confidence index falls to record low of 22.8.

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Dana Executive Chairman Takes New Role As CEO

November 3, 2008 5:10 am | News | Comments

Auto parts supplier Dana Holding Corp. said Monday that John Devine, its executive chairman, will take on the additional job of chief executive at the beginning of 2009.

Stec Names New CFO

November 3, 2008 5:05 am | News | Comments

Memory chip maker on Monday said it named Raymond D. Cook as its chief financial officer to succeed Dan Moses, who is retiring effective Nov. 10.

Canadian Meat Producers Protest U.S. Label Law

November 3, 2008 4:50 am | News | Comments

Beef and pork producers want the Canadian government to launch a trade challenge against the U.S. over a new law that requires country-of-origin labeling for fresh meat.

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VeraSun Energy Files For Bankruptcy Protection

November 3, 2008 4:45 am | by Dirk Lammers, AP Energy Writer | News | Comments

Nation's second largest ethanol producer said it is seeking bankruptcy protection after skyrocketing corn costs and a deterioration in capital markets left the company short on cash.

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Report: Panasonic May Buy Sanyo

November 3, 2008 4:40 am | News | Comments

Japanese electronics maker is said to be planning a tender offer for Sanyo, according to a report Sunday by Dow Jones.

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PepsiCo Investing $1 Billion In China

November 3, 2008 4:37 am | News | Comments

Beverage and snack maker said it will invest $1 billion over the next four years to expand its manufacturing capability, research and development and sales force in the country.

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China Official: Tainted Eggs ‘Isolated’ Case

November 3, 2008 4:35 am | News | Comments

Beijing’s Agriculture minister has called the discovery of melamine-tainted eggs ‘isolated cases,’ but urged continued scrutiny over the animal feed industry to ensure food safety.

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Algae Becoming An Attractive Fuel Source

November 3, 2008 4:32 am | by Phuong Le, Associated Press Writer | News | Comments

Supporters think algae could someday be turned into cheap fuel for automobiles and planes, and are betting heavily with infusions of venture capital money and intensive research.

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Blackwater Lays Off Workers Of Armored Vehicle Project

November 3, 2008 4:30 am | News | Comments

Security firm has laid off an undisclosed number of employees after the company failed to win a government contract for its Grizzly armored vehicle to replace the Humvee.

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German Industrial Union Expands Strike

November 3, 2008 4:29 am | News | Comments

IG Metall expanded a campaign of brief strikes to underline its demand for a hefty pay hike, while employers stuck to their insistence on a moderate increase.

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Chinese Manufacturing Activity Sluggish In October

November 3, 2008 4:24 am | by Joe McDonald, AP Business Writer | News | Comments

Manufacturing activity in China slowed sharply amid weaker export demand despite a flurry of official measures to boost flagging growth in the world's fourth-largest economy.

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Boeing Strike Ends

November 3, 2008 4:21 am | by Rory Marshall, Associated Press Writer | News | Comments

Machinists union members ended their walkout on Saturday by ratifying a new contract with Boeing; the vote was about 74 percent in favor of the proposal.

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AP: Fujitsu To Buy Siemens' PC Stake

November 3, 2008 4:15 am | by Maria Marquart, Associated Press Writer | News | Comments

Industrial conglomerate Siemens is poised to sell its 50-percent stake in joint venture Fujitsu Siemens Computers to Fujitsu, sources familiar with the deal told The Associated Press.

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Mercedes Offers Buyouts To 4,000 U.S. Plant Workers

October 31, 2008 1:20 pm | News | Comments

Automaker is offering buyout packages to nearly 4,000 workers at its Alabama plant for the first time since the factory opened 11 years ago.

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Ford To Add 1,000 Workers To F-150 Factory

October 31, 2008 12:49 pm | by Tom Krisher, AP Auto Writer | News | Comments

Automaker is predicting pickup truck sales will bounce back enough for it to add 1,000 workers to its Dearborn F-150 factory in January.

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