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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

High Gas Prices Could Fuel Midsize SUV Extinction

June 17, 2008 5:50 am | by Tom Krisher, AP Auto Writer | News | Comments

Across the U.S., high gasoline prices are starting to end a love affair with the midsize four-wheel-drive sport utility vehicle that has lasted well over a decade.


Intel To Make Solar Panel Components

June 17, 2008 5:49 am | News | Comments

Microprocessor maker is starting a company to manufacture and supply photovoltaic cells for makers of solar panels.


Billion-Dollar High-Tech Park Planned For Vietnam

June 17, 2008 5:41 am | News | Comments

The $1.2 billion park will have enough space for 70,000 workers and will produce software for export, design circuits and chips, and train technology workers.


DuPont Introduces New Kevlar Technology

June 17, 2008 5:40 am | by Randall Chase, AP Business Writer | News | Comments

Using a new woven fabric technology, coupled with a new coating process, DuPont said it has found a way to deliver improved ballistic performance.

China Spending Up On Factory Equipment, Fixed Assets

June 17, 2008 5:40 am | News | Comments

National Statistics Bureau reported China's investments in construction, factory equipment and other such assets totaled $585 billion.


Sony Develops Green Flat-Panel TV

June 17, 2008 5:31 am | by Yuri Kageyama, AP Business Writer | News | Comments

New TV consumes less energy than comparable regular models without compromising image quality -- the latest in Sony's efforts to woo buyers with green products.


German Investor Confidence Falls Sharply In June

June 17, 2008 5:22 am | by George Frey, AP Business Writer | News | Comments

Investor confidence dropped amid soaring food and oil prices and fears of an upcoming interest rate rise, a closely watched survey showed.


Cadence Makes $1.45 Billion Bid For Mentor

June 17, 2008 5:13 am | News | Comments

Chip manufacturing equipment maker proposed to buy Mentor Graphics Corp., a maker of electronics testing software, for $16 per share.


EADS Sued For ‘Misleading’ Investors About A380

June 17, 2008 5:09 am | News | Comments

Two lawsuits allege that EADS managers misled investors about the company's financial health and its ability to meet delivery targets for the A380.


Drop In Sales Forces Ford To Idle SUV Plant

June 17, 2008 5:03 am | by Tom Krisher, AP Auto Writer | News | Comments

Sagging demand for large sport utility vehicles has forced Ford to temporarily close a Michigan factory for nine weeks starting June 23.


Oil Hits Record Near $140

June 16, 2008 1:15 pm | by John Wilen, AP Business Writer | News | Comments

Crude oil futures hit a record near $140 a barrel Monday as investors shrugged off Saudi Arabia's promise to boost production and instead focused on a weaker dollar.


Japan Cuts Its Overall Economic Assessment

June 16, 2008 7:48 am | News | Comments

Government's increasing pessimism toward corporate performance is a gloomy sign for Japan's economy, which has recovered in recent years mainly due to the robust business sector.


Arcelor Buys Bayou Steel For $475 Million

June 16, 2008 7:25 am | News | Comments

World's largest steelmaker said it will buy Louisiana's Bayou Steel for $475 million and had increased its stake in the Turkish steel company Erdemir to 25 percent.


Ingersoll Rand Names President, Security Technologies

June 16, 2008 7:20 am | News | Comments

Steven Hochhauser joins Ingersoll-Rand as president of its Security Technologies Sector, a $3 billion business that makes homes and business environments safe, secure and productive.

Siemens Buys Spanish Electrical Parts Maker

June 16, 2008 7:15 am | News | Comments

German industrial conglomerate announced the acquisition of BJC, Spain's No. 3 supplier of electrical switches and socket outlets.


China Industrial Output Up 16 Percent

June 16, 2008 7:05 am | by Elaine Kurtenbach, AP Business Writer | News | Comments

Rapid growth in China's industrial output rose 16 percent in May, buoyed by strong exports and domestic demand, according to data released Monday.


Swedish Tool Maker Acquires Minority Share In Precorp

June 16, 2008 7:05 am | by Edited by Staff | News | Comments

Sandvik Tooling has reached an agreement to acquire 49 percent of the shares in Precorp Inc., based in Spanish Fork, Utah.


Thousands Of BMW Workers Temporarily Laid Off

June 16, 2008 6:45 am | by Edited by Staff | News | Comments

About 3,000 auto workers were laid-off when production ground to a halt after component parts they rely on could not be shipped due to a fuel protest in Spain.


CAW Official: GM Plant Protest Ended

June 16, 2008 6:40 am | News | Comments

An almost two-week long blockade at the GM Canada plant in Oshawa, Ont., had been dismantled early Monday, according to a Canadian Auto Workers Union official.


Belgian Suitor Sends Anheuser-Busch Warning Letter

June 16, 2008 6:30 am | News | Comments

InBev warned Anheuser-Busch against doing a reported deal with Mexico's Grupo Modelo SAB, saying it could endanger the premium price it is willing to pay.



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