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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

MillerCoors Joint Venture Closes

June 30, 2008 10:58 am | News | Comments

SABMiller and Molson Coors Brewing said they had closed their transaction to combine operations in the U.S. and Puerto Rico, less than a month after the deal passed scrutiny by antitrust authorities.

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Supply Chain Partnerships Or Supply Chain Management?

June 30, 2008 7:00 am | by Michael Collins, MPC Management | Articles | Comments

By Michael Collins, MPC ManagementTo achieve the efficiencies and effectiveness that everyone wants in supply chains will require cooperation between suppliers and customers -- not just cost reduction in a one-sided adversarial relationship.

EU Okays Settlements Of Cartel Price-Fixing Cases

June 30, 2008 6:45 am | News | Comments

Regulators said they would allow companies suspected of operating price-fixing cartels to seek settlements with antitrust officials that could win them a 10 percent discount on a fine.

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Tyson Now Majority Owner Of Indian Poultry Company

June 30, 2008 6:40 am | News | Comments

Meat producer acquired 51 percent ownership of poultry processing business Godrej Foods, based in Mumbai, for an undisclosed price.

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Poll: Majority Struggling With Rising Gas Prices

June 30, 2008 6:33 am | by Alan Fram, Associated Press Writer | News | Comments

Like a plague that does not discriminate by economic class, race or age, soaring fuel prices are inflicting pain throughout the U.S., with nine in 10 expecting ballooning costs to squeeze them financially.

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Solutia May Sell Nylon Business

June 30, 2008 6:28 am | News | Comments

Chemical maker said Monday it hired HSBC Securities to explore strategic alternatives for its nylon business, including a possible sale.

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Israeli Defense Electronics Maker Acquires Electro Optic

June 30, 2008 6:25 am | News | Comments

Elbit Systems said it acquired seismic sensor maker Electro Optic Research and Development Company from former shareholders.

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HP Acquisition Of EDS Approved

June 30, 2008 6:20 am | News | Comments

Hewlett-Packard said Monday it received U.S. antitrust approval for its planned purchase of Electronic Data Systems Corp. for $13.2 billion.

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Caterpillar Building Excavator Plant In China

June 30, 2008 6:00 am | News | Comments

Heavy equipment maker plans to build a facility to manufacture hydraulic excavators in China, as part of an ongoing plan to invest in emerging markets.

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Kellogg Buys Chinese Cracker, Cookie Maker

June 30, 2008 6:00 am | News | Comments

Cereal maker on Monday said its subsidiary acquired Zhenghang Food, a Chinese maker of cookies and crackers.

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Kaiser Aluminum Adding Energy Surcharges

June 30, 2008 5:58 am | News | Comments

Company will add surcharges to all new orders of fabricated aluminum products beginning July 1 to offset rising costs for natural gas, electricity and diesel fuel.

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Microsoft Halts XP Sales

June 30, 2008 5:53 am | News | Comments

Company is scheduled to stop selling its Windows XP operating system to retailers and major computer makers Monday, despite protests from some PC users.

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Nestle To Expand Indiana Beverage Plant

June 30, 2008 5:50 am | News | Comments

Company plans to seek city permission for an expansion that could add 140 jobs at its Anderson bottling plant.

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OPEC Ministers Meet To Discuss Market Challenges

June 30, 2008 5:44 am | by George Jahn, Associated Press Writer | News | Comments

World interest will be focused on what the more than 20 energy ministers from OPEC and elsewhere will have to say about how to quench raging market volatility.

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Slow Pickup Sales Mean Changes For Ford, GM

June 30, 2008 5:37 am | by Tom Krisher, AP Auto Writer | News | Comments

Executives at Ford and GM were forced to make decisions that will cost thousands of jobs, change the vehicles people drive and determine whether their businesses survive.

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China's Fireworks Industry Struggling

June 30, 2008 5:30 am | by William Foreman, Associated Press Writer | News | Comments

Fireworks factories in China are being pushed close to bankruptcy as the cost of raw materials rise and ports refuse to ship the dangerous cargo abroad.

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Oregon Wine Boom Draws New Businesses

June 30, 2008 5:20 am | by Mateusz Perkowski, AP Writer | News | Comments

With production and sales value up roughly 10 percent last year, ancillary businesses that cater to the state's wine industry are doing their best to keep up.

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South Korea Raids Offices Of Beef Protesters

June 30, 2008 5:20 am | by Hyung-Jin Kim, Associated Press Writer | News | Comments

Authorities searched offices of two civic groups and confiscated computers, documents and materials, and arrested a senior civic group official for instigating violent protests.

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Euro Inflation Surges To 4 Percent

June 30, 2008 5:15 am | by Aoife White, AP Business Writer | News | Comments

Inflation is Europe's biggest economic headache as consumers pay far more at the gas pump and food, and steer clear of major purchases.

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ArcelorMittal Increases Stake In Australian Coal Miner

June 30, 2008 5:10 am | News | Comments

World's largest steelmaker increased its stake in Macarthur Coal to just under 20 percent, days after talks on a possible takeover ended without a deal.

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