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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Smucker Acquires New Orleans Plant In Folgers Deal

June 5, 2008 5:20 am | by Alan Sayre, AP Business Writer | News | Comments

Folgers coffee plant in New Orleans, damaged by flooding during Hurricane Katrina but now back at full operation with about 440 employees, is getting a new owner.

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Bernanke: No Repeat Of '70s Price Problems

June 5, 2008 5:09 am | by Jeannine Aversa, AP Economics Writer | News | Comments

Federal Reserve Chairman said he doesn't believe the U.S. will experience the out-of-control prices seen with 1970s oil shocks.

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Court Blocks Oklahoma Immigration Law

June 5, 2008 5:02 am | by Ron Jenkins, Associated Press Writer | News | Comments

Federal judge blocked portions of the state's tough anti-illegal immigration law, saying it is 'substantially likely' the law is unconstitutional.

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Canadian GM Workers Protest To Keep Plant Open

June 4, 2008 12:50 pm | News | Comments

Angry employees gathered outside GM’s Canadian head office, saying they wouldn't leave until the automaker agrees to keep its Oshawa truck assembly plant open.

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Airbus Receives $4.68B Order From Italian Airline

June 4, 2008 11:45 am | News | Comments

European planemaker said Italy's Air One has ordered 24 jets which would be worth $4.68 billion at list prices, including 12 medium capacity long-range A350s.

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Emerson Drops $1.4B Bid For Chloride

June 4, 2008 11:35 am | by Jane Wardell, AP Business Writer | News | Comments

St. Louis-based Emerson Electric abandoned its pursuit of Europe's largest maker of backup power supplies after the company rejected a sweetened $1.36 billion takeover proposal.

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Honda, Porsche Top J.D. Power Quality Study

June 4, 2008 11:20 am | by Dee-Ann Durbin, AP Auto Writer | News | Comments

Study released Wednesday measures problems in the first 90 days of ownership, surveying 81,500 people who bought or leased vehicles from the 2008 model year.

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Greeting Card Company Cutting Jobs In Indiana

June 4, 2008 11:14 am | News | Comments

Sunrise Greetings will close its manufacturing operations in Bloomington by early next year, eliminating about 60 jobs.

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Mexico Lowers Wages To Attract Auto Production

June 4, 2008 11:09 am | by Mark Stevenson, Associated Press Writer | News | Comments

Auto unions are taking a cue from U.S. labor leaders by offering two-tier hiring schemes and salary cuts that bring already low wages down to near-Chinese levels.

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Mylan Sued For Patent Infringement

June 4, 2008 6:40 am | News | Comments

Generic drug maker is being sued by Japanese drug maker Daiichi Sankyo for patent infringement on blood pressure drug Azor.

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Modine Announces Management Promotions

June 4, 2008 6:35 am | by Edited by Manufacturing.net Staff | News | Comments

Thermal management systems maker has promoted several senior-level leaders to vice president positions in the company.

FormFactor Announces New CEO

June 4, 2008 6:15 am | News | Comments

Chip testing equipment maker named President Mario Ruscev as chief executive to succeed founder Igor Khandros.

USDA: Two Antibiotics Found In Tyson Chicken

June 4, 2008 6:10 am | by Jon Gambrell, Associated Press Writer | News | Comments

Inspectors said the meat producer gave chickens advertised as ‘raised without antibiotics’ an antibiotic that can be used in humans, on top of another the company said it gave.

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EU Adds Trade Charges To Chinese Imports

June 4, 2008 5:59 am | News | Comments

European Union added trade charges of up to 40 percent to surging Chinese imports of the flavor enhancer MSG, saying Chinese companies were illegally selling below cost.

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Global Oil Prices To Remain High And Volatile

June 4, 2008 5:38 am | News | Comments

Oil prices are expected to remain high over the long term amid signs that crude supplies are just barely keeping up with growing global demand, experts said.

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J.M. Smucker Buys Folgers For $2.95 Billion

June 4, 2008 5:34 am | News | Comments

Jams and jellies maker made a $2.95 billion bid for more of the breakfast table Wednesday, announcing an all-stock deal for Folgers coffee.

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Survey: IT Managers Struggle With Front, Back Office

June 4, 2008 5:30 am | by Edited by Manufacturing.net Staff | News | Comments

Cincom Systems survey shows that while the majority of IT managers want to become customer value-driven, they aren’t tracking the necessary metrics.

Novartis Buys Antibiotics Maker

June 4, 2008 5:24 am | News | Comments

Swiss pharmaceuticals company buying U.S.-based antibiotics developer Protez Pharmaceuticals for as much as $400 million.

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Wind Tower Maker Expanding Facilities, Hiring 350

June 4, 2008 5:20 am | by Dave Kolpack, Associated Press Writer | News | Comments

Expansion will make DMI Industries one of the largest wind tower manufacturers in North America, said a spokeswoman for the American Wind Energy Association.

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Oil Prices Slide Below $124 A Barrel

June 4, 2008 5:18 am | by Pablo Gorondi, Associated Press Writer | News | Comments

Prices dropped as concerns about demand deepened and after Federal Reserve Chairman Ben Bernanke indicated that more U.S. interest rate cuts are unlikely.

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