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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Swedish Tool Maker Acquires Minority Share In Precorp

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

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

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Thousands Of BMW Workers Temporarily Laid Off

June 16, 2008 6:45 am | by Edited by Manufacturing.net 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.

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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.

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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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