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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Strike Blamed For American Axle Losses

April 25, 2008 11:53 am | by Tom Krisher, AP Auto Writer | News | Comments

American Axle reported a $27 million first-quarter loss as executives repeated threats to move production elsewhere if they can't reach a deal to end a two-month strike by the United Auto Workers.

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Citation Closing Aluminum Factory

April 25, 2008 11:50 am | News | Comments

Michigan-based Citation will close a Butler, Ind., aluminum factory in July to focus on its iron business.

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Response Management: Meeting The Challenges Of Change

April 25, 2008 11:07 am | by Amy Radishofski, Features Editor | Articles | Comments

By Amy Radishofski, Features Editor, Manufacturing.netResponsiveness isn’t easy because of global supply chains, increasing demand volatility and shrinking product lifecycles. With consumer whims as today’s market driver, things are moving at lightning speed, and change is a constant.

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Consumer Confidence Lowest In 26 Years

April 25, 2008 7:15 am | by Tim Paradis, AP Business Writer | News | Comments

Reuters/University of Michigan consumer sentiment index came in at 62.6 for April, down from 69.5 a month earlier -- and the lowest reading since the early 1980s.

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Analysts: Southern States More Likely To Win VW Plant

April 25, 2008 7:00 am | by Ken Thomas, Associated Press Writer | News | Comments

Tennessee and Alabama should be favored over Michigan to land a new Volkswagen assembly plant, based on the auto industry's ongoing migration into the Sun Belt.

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Bush Says Stimulus Checks Should Help Economy

April 25, 2008 6:58 am | News | Comments

President Bush acknowledged that the U.S. economy is weakening, but expressed hope that tax rebates that will start going out on Monday should help shore things up.

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Tetra Begins Building Arkansas Chemical Plant

April 25, 2008 6:45 am | News | Comments

New $100 million chemical plant in El Dorado will produce calcium chloride and employ about 50 people when it opens next year.

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Poultry Plant Bringing 1,500 Jobs To North Carolina

April 25, 2008 6:30 am | News | Comments

Mississippi-based poultry company will build a new processing plant, feed mill and hatchery in Kinston, creating 1,500 new jobs.

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Scotts: Worker Violated Pesticide Registration Policies

April 25, 2008 6:25 am | News | Comments

Former employee violated product registration policies at a lawn and garden company that has been ordered by the EPA to stop selling unregistered and mislabeled pesticides.

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Striking Workers Rally Outside American Axle Meeting

April 25, 2008 6:16 am | by David Runk, Associated Press Writer | News | Comments

Hundreds of United Auto Workers members rallied outside the annual shareholders meeting, blocking traffic, carrying picket signs and jeering vehicles carrying people to the meeting.

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GM Avoids Two Strike Deadlines

April 25, 2008 6:10 am | by Tom Krisher, AP Auto Writer | News | Comments

Threatened strikes by United Auto Workers locals at plants in Kansas and Michigan have been postponed because contract talks are making progress.

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Imported Chainsaws Violated U.S. Pollution Laws

April 25, 2008 6:10 am | News | Comments

About 200,000 chainsaws violated air pollution laws, the Justice Department said, costing a Taiwanese manufacturer and three U.S. companies $2 million in fines.

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Whirlpool: Profits Tumble, Worst Market In 30 Years

April 25, 2008 6:00 am | by James Prichard, AP Business Writer | News | Comments

Home appliance maker called it the toughest economic market in three decades, with costly materials and weak U.S. demand contributing to a nearly 20 percent drop in 1Q profits.

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Japanese Consumer Prices Rise At Record Clip

April 25, 2008 5:56 am | News | Comments

Consumer prices rose at their fastest pace in a decade in March due to sharp increases in energy and food costs, the government said Friday.

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Toshiba's Profit Falls 95 Percent On HD DVD Losses

April 25, 2008 5:51 am | News | Comments

Japanese electronics maker's net profit plummeted 95 percent in the January-March quarter due to losses related to its exit from the next-generation video HD DVD business.

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Kennametal To Cut Work Force, Close Plants

April 25, 2008 5:40 am | News | Comments

Part of a restructuring plan that could eventually save the company $25 million a year, industrial toolmaker plans to cut its work force by 3 percent within 18 months.

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Japanese Automakers' Sales Surge, Not Profits

April 25, 2008 5:39 am | by Yuri Kageyama, AP Business Writer | News | Comments

Rising oil prices have been a sales boon for Japanese automakers, but Honda saw its profit slashed by a tax, while Mitsubishi racked up costs for closing an Australian plant.

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EU, China Meet Amid Trade Tensions

April 25, 2008 5:32 am | by Joe McDonald, AP Business Writer | News | Comments

The 27-nation EU is stepping up pressure on Beijing for action over its trade surplus, market barriers and currency controls.

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Consumer Cutbacks Weakening Economy

April 25, 2008 5:22 am | by Jeannine Aversa, AP Economics Writer | News | Comments

Personal spending accounts for the single-biggest chunk of gross domestic product, making it a key factor in determining whether the country will survive the economic turmoil.

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Survey: States Appear To Be In Recession

April 25, 2008 5:15 am | by Andrew Welsh-Huggins, Associated Press Writer | News | Comments

Finances of many states have deteriorated so badly that they appear to be in a recession, regardless of whether that's true for the nation as a whole.

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