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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Analysts Predict June Auto Sales Crash

July 1, 2008 1:30 pm | by Tom Krisher And Dee-Ann Durbin, AP Auto Writers | News | Comments

Industry analysts said June sales could drop to their lowest monthly rate in 16 years, with several predicting another double-digit dip.

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GM Holds Off Toyota In Falling Market

July 1, 2008 12:50 pm | by Tom Krisher and Dee-Ann Durbin, AP Auto Writers | News | Comments

Nation's biggest automaker on Tuesday reported selling 262,329 vehicles for the month, compared with Toyota's 193,234.

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Sunnen Appoints Global Business Development Manager

July 1, 2008 12:40 pm | News | Comments

Dennis Westhoff has been named global business development manager for the St. Louis-based manufacturer of precision bore machining technology.

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UN: Investors Joining ‘Green Energy Gold Rush’

July 1, 2008 12:05 pm | by John Heilprin, Associated Press Writer | News | Comments

Global investors plowed $148 billion into new wind, solar and other alternative energy assets last year, in what the United Nations describes as a 'green energy gold rush' gaining speed the last several years.

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Study: Workers’ Retirement Savings Not Enough

July 1, 2008 12:00 pm | by Candice Choi, Associated Press Writer | News | Comments

Fewer than one in five workers will be able to maintain their lifestyle upon retirement, according to a study released Tuesday.

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Rising Prices Have Manufacturers Struggling

July 1, 2008 10:55 am | by Ellen Simon, AP Business Writer | News | Comments

Institute for Supply Management said Tuesday that its index of prices manufacturers pay for raw materials hit 91.5 in June, up from 87 in May and the highest reading since 1979.

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Magna Turns Down Alabama For New Plant

July 1, 2008 10:50 am | News | Comments

Canadian auto parts supplier is no longer considering northwest Alabama for a plant that could've brought some 1,000 jobs the area, officials said.

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Rio Tinto’s Iron Ore Prices Jump 97 Percent

July 1, 2008 10:35 am | News | Comments

Increases represent the sixth consecutive annual rise in iron ore prices, as demand for the steel making material soars from China and other developing nations.

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Tenneco Expanding Indiana Exhaust Plant

July 1, 2008 10:30 am | News | Comments

Auto parts maker will add two catalytic converter manufacturing lines to its Elkhart exhaust plant as part of a $6 million expansion expected to be finished by year's end.

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Wolfgang Puck Soup Bought By Campbell

July 1, 2008 10:25 am | News | Comments

Campbell says the acquisition and licensing agreement extend the company's offerings in the growing organic and natural segment of the market.

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Automakers: Fuel Economy Rules Too Aggressive

July 1, 2008 8:10 am | by Dee-Ann Durbin, AP Auto Writer | News | Comments

Alliance of Automobile Manufacturers said NHTSA’s goal of increasing fuel economy by 4.5 percent per year between 2011 and 2015 is not 'economically practicable.'

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R.I. Supreme Court Overturns Lead Paint Verdict

July 1, 2008 6:55 am | by Eric Tucker, Associated Press Writer | News | Comments

The court said the state failed to prove that the presence of lead paint was a public nuisance in Rhode Island and that the lawsuit should have been dismissed.

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Under Armour Names Former Land’s End Exec President

July 1, 2008 6:50 am | News | Comments

Athletic apparel and footwear maker named former Land's End President David McCreight as its president, responsible for long-term growth strategy development.

Manufacturing Growth Fueled By Exports In June

July 1, 2008 6:50 am | by Ellen Simon, AP Business Writer | News | Comments

U.S. manufacturing activity has grown for the first time in five months in June, thanks to strong exports according to the Institute for Supply Management.

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Europe Approves Huntsman Acquisition

July 1, 2008 6:45 am | News | Comments

Chemical producer Huntsman said Tuesday the European Commission approved its purchase by Hexion Specialty Chemicals, an affiliate of Apollo Management LP.

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Orthofix Appoints Group President

July 1, 2008 6:00 am | News | Comments

Orthopedic product maker Orthofix International NV on Monday named Brad Mason to the new position of group president, North America.

Superior Industries Appoints New Senior VP

July 1, 2008 6:00 am | News | Comments

Supplier of aluminum wheels for major automakers has named Parveen Kakar senior vice president, corporate engineering and product development.

Canadian Auto Parts Workers Lose Their Jobs

July 1, 2008 5:46 am | News | Comments

About 250 workers at Oakville, Ontario, auto parts company Polywheels Manufacturing became the latest casualties of high gas prices.

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Tesla Motors Nixes New Mexico Deal

July 1, 2008 5:42 am | News | Comments

State officials are expressing disappointment that the all-electric car company will keep its manufacturing plant in California instead of building its next car in New Mexico.

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Affinia Acquires Chinese Drum, Rotor Manufacturer

July 1, 2008 5:40 am | by Edited by Manufacturing.net Staff | News | Comments

Manufacturer of on- and off-highway replacement products said it plans to acquire 85 percent of drum and rotor manufacturing company, Longkou Haimeng Machining Company.

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