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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Inventories At Highest Level In 4 Years

September 12, 2008 6:25 am | by Jeannine Aversa, AP Economics Writer | News | Comments

Supplies of unsold goods in warehouses and stock rooms rose by 1.1 percent in July -- more than double the 0.5 percent gain economists were expecting.

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Huntsman CEO Supports Hexion Buyout

September 12, 2008 6:15 am | by Randall Chase, AP Business Writer | News | Comments

Chief executive testifies in a court battle that will decide whether Hexion Specialty Chemicals should be forced to go through with proposed $6.5 billion buyout offer.

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Volkswagen Workers Protest EU Intervention

September 12, 2008 6:13 am | News | Comments

Union leaders said 40,000 VW employees demonstrated Friday against European Commission action they say could open the door to a takeover of Europe's biggest car maker.

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Report: MGA Willing To Settle In Bratz Case

September 12, 2008 6:05 am | News | Comments

Company that makes Bratz fashion dolls is willing to share a portion of royalties from the first generation of Bratz dolls with rival Mattel to settle a lengthy legal dispute.

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Wholesale Prices Plunge In August

September 12, 2008 5:56 am | by Martin Crutsinger, AP Economics Writer | News | Comments

Government data show wholesale inflation dropped by the largest amount in nearly two years, reflecting a steep drop in gasoline and other energy products.

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Talks Stalled Between Boeing, Striking Union

September 12, 2008 5:55 am | News | Comments

Six days into a strike by Boeing aircraft assembly workers, there have been no direct talks between the aerospace company and the Machinists union.

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EU Tries To Avoid Recession

September 12, 2008 5:50 am | by Aoife White, AP Business Writer | News | Comments

Germany warned an economic stimulus package for Europe 'would only burn up money' as EU finance ministers started talks on how to lift economies flirting with recession.

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Northrop Grumman Supplier To Increase Production

September 12, 2008 5:45 am | News | Comments

Aurora Flight Sciences, which builds pieces of an unmanned, $30 million surveillance aircraft for Northrop Grumman, will soon hire 50 people as it doubles production.

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China's Industrial Output Sinks

September 12, 2008 5:43 am | by Joe McDonald, AP Business Writer | News | Comments

Industrial output growth rate fell to its lowest level in 18 months in August, adding to signs that China's rapid economic expansion faces a sharp downturn.

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Wine Labels Track Travel Temps

September 12, 2008 5:37 am | by Michelle Locke, Associated Press Writer | News | Comments

High-tech shipping label now being used by some in the wine industry aims to warn customers if there's a chance they're getting cooked cabernet.

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Strange Smell Forces Campbell Soup Asia Recall

September 12, 2008 5:34 am | News | Comments

Campbell Soup Asia Ltd. recalled 330,000 cans of soup in Hong Kong and Macau after fielding complaints that some cans emitted an 'objectionable smell.'

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Valeant Sells Businesses To Meda AB For $425M

September 12, 2008 5:30 am | News | Comments

Drug maker said Friday it completed the sale of its Eastern and Western European businesses to Meda AB of Sweden.

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August Retail Sales Fall Unexpectedly

September 12, 2008 5:30 am | by Jeannine Aversa, AP Economics Writer | News | Comments

Commerce Department reported Friday that retail sales dropped by 0.3 percent last month; economists had expected sales to rise by 0.3 percent.

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Montana Fiberboard Plant Cutting Jobs

September 12, 2008 5:27 am | by Susan Gallagher, Associated Press Writer | News | Comments

Plum Creek Timber Co. is cutting 35 positions because of shrinking demand for boards produced at its plant in Columbia Falls.

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Volvo Cars To Cut 900 Additional Jobs

September 12, 2008 5:26 am | News | Comments

Ford-owned Volvo Cars said Friday it may have to cut 900 additional jobs in Sweden in 2009 and will move forward the cancellation of the third shift at its plant in Goteborg, Sweden.

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Caterpillar Evacuates Facilities Ahead Of Hurricane

September 12, 2008 5:25 am | News | Comments

Heavy equipment maker evacuated its four Houston-area facilities in response to an order by authorities as Hurricane Ike edged closer to the area.

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Somali Workers Fight Plant Over Prayer

September 12, 2008 5:21 am | by Ivan Moreno, Associated Press Writer | News | Comments

Tensions flared between Somali workers and officials at a JBS Swift & Co. meatpacking plant over when employees can break for prayer during the Muslim observance of Ramadan.

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Congressman Seeks Tougher Child Labor Penalties

September 12, 2008 5:20 am | News | Comments

Rep. Bruce Braley of Iowa wants tougher penalties for federal child labor violations including jail time and higher fines.

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Japan’s Economy Shrinks

September 12, 2008 5:15 am | by Yuri Kageyama, AP Business Writer | News | Comments

World's second biggest economy shrank at a 3 percent annual rate in the April-June quarter, the government said Friday.

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China: 'Serious Punishment' For Toxic Formula

September 12, 2008 5:13 am | by Joe McDonald, AP Business Writer | News | Comments

Government vowed to punish those responsible after a major dairy recalled 700 tons of milk powder linked to a rash of illnesses in infants, reigniting fears about Chinese product safety.

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