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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Fed: Industrial Production Showed Strong Growth In 2014

January 16, 2015 1:20 pm | by Andy Szal, Real Time Digial Reporter, Manufacturing.net | News | Comments

Factory production increased at the fastest rate in four years in 2014, according to the latest monthly numbers from the Federal Reserve. But the manufacturing sector faces challenges from both a turbulent global economy and capacity limitations at home. December estimates from the Fed show...

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New Rules Could Open Cuba To Wide Range Of American Trade

January 16, 2015 1:09 pm | by Andy Szal, Real Time Digial Reporter, Manufacturing.net | News | Comments

The Obama administration's new guidelines regarding relations with Cuba take effect today, potentially opening the Caribbean nation to a wide range of American products. Analysts warn, however, that companies looking to expand into Cuba should proceed with caution after more than five decades...

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Highlights From The North American International Auto Show

January 16, 2015 12:09 pm | by Bridget Bergin, Associate Editor | News | Comments

The first week of the North American International Auto Show comes to a close today at the COBO Center in Detroit, Michigan, and it has been a whirlwind week of new models with incredible technology. Here is a wrap-up of the biggest news of the week...

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Monsanto Gets U.S. Approval For New GMO Seeds

January 16, 2015 10:37 am | by The Associated Press | News | Comments

Agriculture business giant Monsanto Co. said Thursday it received approval from the Department of Agriculture for new cotton and soybean seeds designed to be used with a new herbicide formula.Monsanto's business is built on genetically modified seeds and herbicide. The company's seeds...

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'Leap Second' Could Pose Web Problems This Summer

January 16, 2015 10:33 am | by Andy Szal, Real Time Digital Reporter, Manufacturing.net | News | Comments

Prominent websites and apps could once again face problems this summer when officials tack an additional second onto Tuesday, June 30. That date, however, also could be the last time the issue of the "leap second" pops up, depending on the outcome of a vote by an international...

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Illinois Community College To Offer Degree In Fracking

January 16, 2015 10:27 am | by The Associated Press | News | Comments

A southwestern Illinois community college plans to offer a petroleum drilling technology degree program this fall that is  aimed at preparing graduates for careers in hydraulic fracturing, or fracking. Illinois signed off on long-awaited rules to govern the high-volume oil and gas drilling process within its borders...

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U.S. Factories Churn Out More Steel, Computers, Lifting Production For 4th Straight Month

January 16, 2015 10:25 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. factory production rose in December as manufacturers churned out more furniture, computers and steel, offsetting a small decline in autos. The Federal Reserve says factory production increased 0.3 per cent last month, the fourth straight gain. The increase comes after total output finally passed...

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UAE Energy Minister: Oil Producers Need To 'Learn A Lesson'

January 16, 2015 10:18 am | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Blogs | Comments

Plummeting oil prices over the last several months have left analysts scrambling to figure out where the market is heading. Federal officials estimate the prices of crude oil will fall slightly this year compared to late 2014 before rebounding in 2016. Now some members of oil-rich, Middle Eastern nations...

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Recalls Of The Week: Wrapping Up A Record Year

January 16, 2015 10:11 am | by Bridget Bergin, Associate Editor | News | Comments

So far, 2015 is off to a pretty good start in terms of recalls. At least compared to last year. Last year was a spectacularly bad year in recalls. In an article on the innovation and optimism at the Detroit Auto Show this week, AP’s Dee-Ann Durbin and Tom Krisher wrote, “Even record recalls that involved...

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"Greening" The Manufacturing Industry

January 16, 2015 9:43 am | by Monica Gomez | Articles | Comments

Going “green” is not only good for the environment—it is also good for the wallet in the long run, and it helps boost the social capital of a company. According to environmental news website Clean Technica, there are two primary ways to be considered “green” in the manufacturing industry. One way is to create...

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200 Protest Proposed Power Plant In Oxford, CT

January 16, 2015 9:32 am | by The Associated Press | News | Comments

About 200 people rallied in Oxford against a proposed power plant as state regulators inspected the site before a public meeting on the project. The Republican-American reports that protesters held signs on Thursday urging rejection of the CPV Towantic Energy Center. Connecticut Siting Council...

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Detroit Auto Show: Long-Range EVs Set Auto World Abuzz

January 16, 2015 9:23 am | by GE Reports | Articles | Comments

One of the biggest headlines coming out of this week’s 2015 Detroit Auto Show was GM’s Chevrolet Bolt, a long-range, all-electric concept car that can travel 200 miles on a single charge and will reportedly cost around $30,000, after rebates. That range is nipping at the wheels of Tesla’s Model S sedans, but...

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SAP Conference For Environment, Health, And Safety Management

January 15, 2015 4:33 pm | by Bridget Bergin, Associate Editor | Events

Join T.A. Cook and SAP, at the annual SAP Conference for Environment, Health, and Safety Management, taking place in New Orleans on February 24-25, 2015. At this event you will you will discover how your organization can leverage SAP EHS to improve business performance. The event will kick-off with four...

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Obama Renews Push For Paid Leave For Working Parents

January 15, 2015 3:02 pm | by Nedra Pickler, Darlene Superville, The Associated Press | News | Comments

President Barack Obama on Thursday renewed his push for paid leave for parents and other workers, saying he's astonished that so many people don't get paid sick leave. "How can we support working families so they have the tools to succeed in this new economy?" Obama said at a Baltimore cafe that offers earned sick...

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Federal Survey Finds Moderate Economic Growth

January 15, 2015 2:56 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

The U.S. economy was growing at a moderate pace in December and early January, helped by gains in sales of autos and other consumer products, but a big drop in oil prices was starting to have an impact in Texas and other energy regions, the Federal Reserve reported Wednesday. The Fed said business...

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We Burn 2.7 Million Gallons A Minute, So Why Is Oil So Cheap?

January 15, 2015 2:51 pm | by Jonathan Fahey, AP Energy Writer | News | Comments

The world burns enough oil-derived fuels to drain an Olympic-sized swimming pool four times every minute. Global consumption has never been higher — and is rising. Yet the price of a barrel of oil has fallen by more than half over the past six months because the globe, experts say, is awash...

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Google Expects Public In Driverless Cars In 2 To 5 Years

January 15, 2015 2:36 pm | by The Associated Press | News | Comments

The head of self-driving cars for Google expects real people to be using them on public roads in two to five years. Chris Urmson says the cars would still be test vehicles, and Google would collect data on how they interact with other vehicles and pedestrians. Google is working on sensors to...

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MAPI Foundation Business Index Slips Slightly

January 15, 2015 2:28 pm | by MAPI Foundation | Articles | Comments

The recent robust manufacturing performance should continue in the near-term despite marginal declines in some indicators, according to the quarterly MAPI Foundation Business Outlook, a survey conducted by the MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity...

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NAM On Tax Code: Doing Nothing Costs Us Something

January 15, 2015 2:22 pm | by Jamie Hennigan, National Association of Manufacturers | Articles | Comments

The delay by Washington lawmakers in overhauling the nation’s tax code is holding back the economic benefits of enacting a series of pro-growth tax policies, according to a new study commissioned by the National Association of Manufacturers (NAM) and conducted by economists at the University of...

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Assembling Value: Why Streamlining Your Business Will Boost Its Worth

January 15, 2015 2:19 pm | by Michael Schwerdtfeger | Articles | Comments

Throughout my career as a middle market M&A advisor, I have had the opportunity to work with a number of manufacturing business owners looking to sell their companies. They will often lead with the strength of the company’s balance sheet when discussing its potential value...

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