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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Unemployment Brings Down Leading Indicators

July 21, 2008 1:06 pm | News | Comments

Conference Board says its index of leading economic indicators fell in June as factories cut workers' hours and stocks tumbled.


Horizon Lines Names Director of Investor Relations, Corp. Communications

July 21, 2008 12:00 pm | News | Comments

Domestic ocean shipping and integrated logistics company today named James R. Storey Director of Investor Relations and Corporate Communications.

U.S. Investigating '07-'08 Hyundai Elantras

July 21, 2008 11:53 am | News | Comments

Government is investigating 2007-2008 model year Hyundai Elantra compact cars after receiving reports of engine stalling, officials said.


Ford Marks Model T’s 100th Birthday

July 21, 2008 11:25 am | News | Comments

First low-priced car available to the masses marks its 100th anniversary at a time when Americans are faced with high gas prices and the U.S. auto industry is struggling with plant closings and layoffs.


Ford Offers More Buyouts To Mich., Ohio Plants

July 21, 2008 11:15 am | by Jeff Karoub, AP Business Writer | News | Comments

Automaker is giving hourly workers at 17 facilities another round of buyout and early retirement offers in an ongoing effort to match production with slumping sales.


Former U.S. Partner Sues Chery Auto

July 21, 2008 11:10 am | by Dan Strumpf, AP Business Writer | News | Comments

Visionary Vehicles' lawsuit accuses China's Chery Automobile of defrauding the company after the two formed a joint venture to import Chinese cars to the U.S.


Schaeffler Raises Continental Bid

July 21, 2008 11:07 am | News | Comments

Germany's Schaeffler KG adjusted its takeover offer for larger auto parts maker Continental AG, citing a new calculation of the bigger company's recent average share price.


Manufacturers Plan Expansions In Arkansas

July 21, 2008 11:03 am | News | Comments

One manufacturer in Fort Smith is moving its headquarters to the city, and another is to build a new manufacturing plant.


MeadWestvaco, Bilcare Buying Packaging Company

July 21, 2008 6:43 am | News | Comments

Health care packaging company teamed with India-based Bilcare Ltd. to buy International Labs of St. Petersburg, Fla.


Celanese Adding Surcharge To Acetate Products

July 21, 2008 6:40 am | News | Comments

Chemical company announced surcharges of 25 cents per kilogram for acetate filter-tow products for all regions, effective Aug. 1.


Analysts: Roche Bid For Genentech Too Low

July 21, 2008 6:39 am | News | Comments

Roche's $43.7 billion bid to takeover Genentech may be too low, several analysts said, and investors seemed to agree, driving shares well above the value of the buyout offer.


AK Steel Invests $21 Million In Pennsylvania

July 21, 2008 6:28 am | News | Comments

Board of directors approved a $21 million capital investment to expand production of high-valued, grain-oriented electrical steels at its Butler, Pa., facility.


China Holdings To Buy Precision Machinery Firm

July 21, 2008 6:00 am | by Edited by Staff | News | Comments

Bright World Precision Machinery Limited, a Chinese manufacturer of metal stamping machines, will be acquired by Chinese Holdings for approximately $263 million.


Latrobe Specialty Steel Workers Agree On Contract

July 21, 2008 5:50 am | News | Comments

Labor dispute that began May 1 at Latrobe Specialty Steel is ending now that workers have narrowly approved a contract.


Consumers Change Spending Habits, But Will It Last?

July 21, 2008 5:35 am | by Anne D'Innocenzio, AP Business Writer | News | Comments

Retailers, marketers and investors are all trying to figure out which habits shoppers will keep and which will they drop when the economy recovers.


WTO Rules Against China In Car Parts Dispute

July 21, 2008 5:25 am | by Bradley S. Klapper, Associated Press Writer | News | Comments

World Trade Organization agreed with the U.S., EU and Canada that China was breaking trade rules by taxing auto parts imports at the same rate as foreign-made finished cars.


VW Global Sales Up Nearly 6 Percent

July 21, 2008 5:19 am | by George Frey, AP Business Writer | News | Comments

Volkswagen said it achieved record global sales in the first half of the year on strong demand in India, Russia and China, delivering nearly 3.3 million vehicles.


Norwalk Furniture Idles Two Plants

July 21, 2008 5:16 am | News | Comments

Furniture maker has suspended operations at plants in Ohio and Tennessee, due to a slowing economy and changes in the furniture industry.


Food Factory To Close In New Mexico

July 21, 2008 5:15 am | News | Comments

Proper Foods factory that freezes and packs food in Deming, N.M., will be closing, affecting about 130 employees.


InBev's Brito A 'No-Frills' Leader

July 21, 2008 5:05 am | by Aoife White, AP Business Writer | News | Comments

Carlos Brito, chief executive of brewer InBev SA, says he doesn't care for perks -- and neither should the people who work for him.



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