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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Jeffrey R. Hughes Named ISA President, CEO

October 13, 2014 5:03 pm | by Industrial Supply Association | News | Comments

Industrial Supply Association (ISA) Board Chairman Tommy Thompson announced today that Jeffrey R. Hughes of Winter Spring, Fla., has agreed to serve as President & CEO. The announcement was made at ISA’s Fall Board Meeting and was... 

Economics Nobel Winner Shaped Industry Regulation

October 13, 2014 2:52 pm | by Karl Ritter, Nathalie Rothschild, Paul Wiseman, The Associated Press | News | Comments

Frenchman Jean Tirole won the Nobel prize for economics Monday for finding ways to encourage better products and competitive prices in industries dominated by a few companies. Tirole's work is credited with helping shape the deregulation of industries in developed economies...

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Mayor Says Toledo, Fiat Chrysler Should Work Together

October 13, 2014 2:45 pm | by John Seewer, The Associated Press | News | Comments

Toledo's mayor isn't about to pick a fight with Fiat Chrysler Automobiles, even if it pulls Jeep Wrangler production out of the city where the vehicle's roots date to World War II. That's because the automaker will still have a large presence in the area and an assembly complex that will need another...

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ParkOhio Acquires Autoform Tool & Manufacturing

October 13, 2014 2:41 pm | by The Associated Press | News | Comments

ParkOhio today announced that it has acquired Autoform Tool & Manufacturing, Inc. (ATM), headquartered in Angola, Indiana, for its Assembly Components segment in an all-cash transaction valued at $48.2 million. ATM is an important supplier of high pressure fuel rails and...

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Why Oil Price Drop Could Squeeze U.S. Economy

October 13, 2014 2:35 pm | by Jonathan Fahey, AP Energy Writer | News | Comments

If you're a driver, a shipper, or an airline, low oil prices sure feel nice. But there are downsides to the recent plunge in oil prices — for the oil industry and for the economy. Low fuel prices can help boost economic growth by reducing fuel bills and leaving consumers and companies with...

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GM Ignition Switch Deaths Rise To 27

October 13, 2014 2:17 pm | by The Associated Press | News | Comments

At least 27 people have died and 25 people have been seriously injured in crashes involving General Motors cars with defective ignition switches. Attorney Kenneth Feinberg, who was hired by GM to compensate victims, updated the totals Monday. Feinberg says he has received 178 death claims since...

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Acura Recalls 43K Vehicles For Seat Belt Issue

October 13, 2014 2:14 pm | by The Associated Press | News | Comments

Acura says it is recalling 43,000 vehicles in the U.S. to replace both front seat belts. The car maker owned by Honda Motor Co says that in temperatures below zero degrees Fahrenheit, the seat belts might not release. Acura says no injuries have been reported related to the seat...

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Toyota Unveils 2015 Camry For NASCAR Competition

October 13, 2014 1:24 pm | by Jenna Fryer, AP Auto Racing Writer | News | Comments

Toyota unveiled a remodeled Camry it will race next season, and the street version was the designated pace car for the Sprint Cup race at Charlotte Motor Speedway on Saturday night.Toyota is the first manufacturer to move to an updated version of its race car. It closely resembles the 2015 Camry consumers can purchase. Chevrolet, Ford...

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Alcoa Manufactures New Hull For Combat Vehicles

October 13, 2014 12:57 pm | by The Associated Press | News | Comments

Alcoa, a global leader in lightweight, high-performance metals, has produced the world’s largest single-piece forged aluminum hull for combat vehicles to improve troop protection as part of a joint Alcoa-US Army initiative launched last year. Announced in Washington, DC at the Association of...

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Ford Continues Job Creation Momentum

October 13, 2014 12:21 pm | by The Associated Press | News | Comments

Ford Motor Company today announced the addition of 850 new jobs at its historic Ford Rouge Center, comprised of the Dearborn Truck, Dearborn Stamping, and Dearborn Diversified facilities. The new jobs will support production of the all-new 2015 F-150 launching in a matter...

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Unequal Pay Stats In The Wake Of Microsoft CEO's Comments

October 13, 2014 12:02 pm | by Barbara Ortutay, AP Technology Writer | News | Comments

Don't ask for a raise. Keeping quiet will give you "superpowers" that will translate into employer trust and other "good karma" that will eventually come back around to your purse. Microsoft CEO Satya Nadella was widely derided Thursday for his foot-in-mouth...

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GE Capital Aviation Services To Acquire Milestone Aviation Group

October 13, 2014 10:07 am | by The Associated Press | News | Comments

GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE, today announced the signing of an agreement to acquire Milestone Aviation Group, the Dublin-based helicopter lessor, for $1.775 billion. “The Milestone acquisition is a great fit for GE – it combines GECAS’ global reach...

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Boeing Announces Garuda Order For 50 Planes

October 13, 2014 9:58 am | by The Associated Press | News | Comments

Boeing Co. says that Garuda Indonesia placed an order for 50 jets with a total sticker price of $4.9 billion. Airlines often get steep discounts off list prices for jets. Boeing said Sunday that Garuda will buy 46 of its 737 Max 8 aircraft and convert orders for...

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Manufacturing Transformations: Building Blocks Of A Future SMART Plant

October 13, 2014 9:54 am | by Rahul Vijayaraghavan | Articles | Comments

Imagine if an enterprise in the United States was able to access vital product line information of a subsidiary plant in India or a crank shaft supplier being able to locate its component in an automobile across the globe or a machine being to self-assemble at the...

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China Surpasses U.S. As World’s Largest Economy

October 13, 2014 9:49 am | by CBS Evening News | Videos | Comments

The International Monetary Fund says China’s surging economic power has surpassed the United States. Senior Business Correspondent Anthony Mason of CBS News reports...             

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California Power Regulator Exits Amid Criticism

October 13, 2014 9:42 am | by Ellen Knickmeyer, The Associated Press | News | Comments

California's chief utility regulator, under fire over accusations of secret dealings with the state's largest utility, said Thursday he will not seek reappointment when his term ends at the end of the year. California Public Utilities Commission President Michael Peevey made...

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Growth Slows In China Passenger Vehicle Sales

October 13, 2014 4:43 am | by The Associated Press | News | Comments

Growth in China's car sales slowed again last month while the country's own brands increased their market share. An industry group said Monday that sales of passenger vehicles in the world's biggest auto market rose 6.4 percent in September from a year earlier, slowing from...

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Bag Makers Launch Push To Overturn CA Ban

October 10, 2014 8:43 pm | by Fenit Nirappil - Associated Press | News | Comments

Plastic bag manufacturers on Friday passed their first hurdle in their effort to delay and eventually repeal California's new ban on single-use plastic shopping bags before it takes effect. The office of Attorney General Kamala Harris cleared the way for the groups to begin collecting signatures...

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Michelin Truck Tire Failure Under Investigation

October 10, 2014 4:46 pm | by The Associated Press | News | Comments

U.S. safety regulators are investigating reports that some Michelin heavy truck tires can fail and cause crashes. The National Highway Traffic Safety Administration said it has six complaints and a police report about seven crashes involving the 2014 model of...

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New Methanol Plant Planned

October 10, 2014 4:46 pm | by The Associated Press | News | Comments

State officials have announced that Castleton Commodities International LLC plans a $1.2 billion methanol manufacturing plant in Plaquemines Parish. Gov. Bobby Jindal, the state economic development office and the company's CEO, said...

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