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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Volkswagen: 2009 Will Be Rough For Auto Industry

October 22, 2008 9:18 am | by George Frey, AP Business Writer | News | Comments

Chief executive of Europe's biggest carmaker warned the industry faces a difficult business climate next year, but added his company still expects to reach its 2008 goals.

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British Prime Minister: U.K., U.S. Recession Likely

October 22, 2008 9:00 am | by David Stringer, Associated Press Writer | News | Comments

Prime Minister Gordon Brown acknowledged Wednesday that the world economic downturn is likely to cause a recession in the United Kingdom, the U.S and other countries.

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More Chinese-Made Tainted Cookies Found In U.S.

October 22, 2008 8:45 am | News | Comments

Connecticut officials say they've found 10 boxes of cookies made in China that contain melamine, a chemical used in plastics manufacturing, in a small East Hartford store.

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GM-Chrysler Deal May Need Federal Cash

October 22, 2008 8:25 am | by Tom Krisher and Ken Thomas, Associated Press Writers | News | Comments

Talks toward General Motors' possible acquisition of Chrysler may involve going to Congress for cash, according to a person involved in the financing discussions.

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Coastal Brewing To Consolidate Operations

October 22, 2008 8:05 am | News | Comments

Brewer of Fordham and Old Dominion beers is moving operations from its Ashburn, Va., brewery to its plant in Dover, Del.

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Toyota Restarts Tundra Production

October 22, 2008 7:58 am | News | Comments

Automaker will resume production at its full-size truck plant in Texas Nov. 10 but will run only one of the two production lines, officials said.

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Rio Tinto Investing $300 Million In Aluminum Smelter

October 22, 2008 7:24 am | News | Comments

Global mining and metals company will invest an additional $300 million to modernize the Kitimat aluminium smelter in British Columbia.

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Dell: PC Shipments In Asia Surge

October 22, 2008 7:20 am | News | Comments

Computer company said Wednesday its PC shipments in the Asia-Pacific region grew three times faster than the industry average in the third quarter.

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FDA Lifts Boston Scientific Restrictions

October 22, 2008 7:20 am | News | Comments

Boston Scientific said the Food and Drug Administration has lifted some restrictions imposed more than two years due to quality control problems.

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World Leaders Meeting To Address Global Economy

October 22, 2008 6:35 am | by Deb Riechmann, Associated Press Writer | News | Comments

Leaders will meet Nov. 15 in Washington to address the global financial crisis -- the first in a series of summits to mitigate what economists predict could be a long and deep downturn.

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Weak Earnings Fuel Global Recession Fears

October 22, 2008 6:15 am | by Martin Crutsinger, AP Economics Writers | News | Comments

Barrage of poor earnings from major corporations revived worries of a global recession and showed the depth of the financial crisis the Bush administration is trying to tackle.

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Hawker Beechcraft CEO: ‘Necessary Actions’ Coming

October 22, 2008 6:15 am | by Roxana Hegeman, Associated Press Writer | News | Comments

Head of Hawker Beechcraft warned employees that the company must take unspecified actions in coming weeks to ensure that it is prepared amid the turmoil in global financial markets.

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Rockwell Automation Cutting 168 Jobs

October 22, 2008 6:10 am | News | Comments

Company will close its Allen-Bradley manufacturing plant in Manchester, N.H., by the end of the year.

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More GM-Janesville Suppliers To Close Down

October 22, 2008 6:05 am | News | Comments

Suppliers to the General Motors plant in Janesville, Wisc., are planning mass layoffs Dec. 23 -- the same day GM is ending production of sports utility vehicles there.

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Report: FDA Foreign Drug Inspection Program Inadequate

October 22, 2008 5:55 am | by Ricardo Alonso-Zaldivar, Associated Press Writer | News | Comments

Congressional investigators say it would take 13 years for U.S. inspectors to visit each of 3,249 foreign manufacturing plants that make medications for the American market.

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Samsung Backs Out Of SanDisk Bid

October 22, 2008 5:49 am | by Kelly Olsen, AP Business Writer | News | Comments

Company said it has withdrawn a $26 a share bid to acquire SanDisk, but suggested it was still interested in buying the U.S. flash memory card maker at a lower price.

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Report: Toyota Could See First Sales Drop In Years

October 22, 2008 5:46 am | News | Comments

Japan's largest automaker will post its first decline in global sales in a decade this year, hit by slowing demand amid the financial crisis, a Japanese newspaper predicted.

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Wal-Mart Lays Down The Law For Chinese Suppliers

October 22, 2008 5:40 am | by Audra Ang, Associated Press Writer | News | Comments

World's largest retailer said it will set new quality standards for suppliers amid a scare over toxic milk products that sickened tens of thousands of babies across China.

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BHP Billiton: Developing Countries Will Drive Demand

October 22, 2008 5:37 am | News | Comments

Global downturn is cutting into China's appetite for resources, but developing countries' hunger for raw materials remains positive, the world's largest mining company said.

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Summit Polymers Closing Tennessee Plant

October 22, 2008 5:35 am | News | Comments

Plastic parts supplier for trucks and sport utility vehicles is closing its Shelbyville plant in January, leaving 263 people jobless.

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