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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

International Game VP To Retire

December 10, 2008 7:45 am | Comments

Manufacturer of slot machines and casino management systems says vice president Robert Bittman is retiring at the end of the year.

Lance Reopening Archway Cookie Plant

December 10, 2008 7:40 am | Comments

Charlotte, N.C.-based Lance, Inc. will begin operations next week at the former Archway cookie plant in Ashland, Ohio, with a staff of 50 to 70 workers.

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Car Czar Would Hold Sway Over U.S. Automakers

December 10, 2008 7:35 am | by Ken Thomas, Associated Press Writer | Comments

Powerful ‘car czar’ would dole out short-term emergency loans to Detroit’s automakers and hold veto power over transactions more than $100 million.

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Mexico's Grupo Bimbo Buys U.S. Bakery

December 10, 2008 7:09 am | Comments

Bakery giant Grupo Bimbo is buying the U.S. subsidiary of Canada's George Weston Ltd. for $2.3 billion, making it one of the world's largest bakery companies.

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EU: Majority Of Irish Pork Consumers Not At Risk

December 10, 2008 5:50 am | Comments

European Union Food Safety Authority says it doesn't see health concerns for the vast majority of consumers who may have eaten tainted Irish pork.

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EU Truck Makers: Stimulus Isn't Enough

December 10, 2008 5:40 am | Comments

Chairman of the EU commercial vehicle manufacturers' group said $5.1 billion in loans for car makers does not go far enough and additional measures were needed.

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Japan Machinery Orders Fall 4.4 Percent

December 10, 2008 5:21 am | by Tomoko A. Hosaka, Associated Press Writer | Comments

Key barometer of corporate capital spending in Japan fell sharply in October, another grim sign that business investment is tumbling amid a deepening global slowdown.

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Syracuse China Factory Closing After 137 Years

December 10, 2008 5:20 am | Comments

Parent company, Libbey Inc., is closing Syracuse China’s 137-year-old ceramic dinnerware factory in March, eliminating 275 jobs.

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China's Foreign Investment Down 36.5 Percent

December 10, 2008 5:18 am | Comments

Foreign investment in China dropped sharply in November, battered by a slump in global demand that has led to a wave of factory closures, the Commerce Ministry reported.

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Pratt & Whitney Orders Holiday Furlough

December 10, 2008 5:15 am | Comments

Jet engine maker is ordering 1,000 hourly employees in Connecticut to take a one-day unpaid furlough on Christmas Eve.

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Lawmakers Near Deal On Auto Bailout

December 10, 2008 5:10 am | by Julie Hirschfeld Davis and Ken Thomas, Associated Press Writers | Comments

Congress and the White House struck an agreement in principle on the measure Tuesday and hoped to finalize it and schedule swift House and Senate votes as early as Wednesday.

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China Finalizing Compensation Plan For Tainted Milk

December 10, 2008 5:02 am | by Gillian Wong, Associated Press Writer | Comments

Chinese dairy companies will likely have to pay for a compensation plan being prepared by the government for families of children sickened by tainted milk powder.

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Hutchinson Technology Cutting Over 1,000 Jobs

December 10, 2008 5:00 am | Comments

Maker of disk-drive components says it will cut as many as 1,125 jobs as demand for its products weakens during the slow economy.

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Toyota Making More Production Cuts

December 10, 2008 4:59 am | Comments

Japan's largest carmaker said it will further reduce production at several factories in North America, as the global slowdown continues to cut into sales.

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ArcelorMittal To Close Illinois Plant

December 10, 2008 4:55 am | Comments

About 285 people will lose their jobs when the steelmaker closes its plant in Hennepin, Illinois.

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SKF Lays Off 2,500 Workers

December 10, 2008 4:54 am | by Louise Nordstrom, Associated Press Writer | Comments

Swedish bearings maker said it is slashing nearly 6 percent of its work force worldwide to adapt to lower demand from the auto sector due to the global financial crisis.

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Electric Boat To Hire 650 Workers

December 10, 2008 4:50 am | Comments

Submarine maker plans to hire 650 workers in the upcoming new year to help with the construction of the new Virginia-class Missouri sub and other projects, EB President John Casey said.

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Report: Nortel Seeks Bankruptcy Advice

December 10, 2008 4:45 am | Comments

Lagging telecommunications equipment maker has sought advice for a possible bankruptcy should turnaround plans fail to stem its loss of revenue, according to The Wall Street Journal.

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Daimler Trucks Interested In Russia's Kamaz

December 10, 2008 4:43 am | by George Frey and Alexis Kunsak, Associated Press Writers | Comments

German automaker's truck unit still looking at acquiring a stake in Russian truck maker Kamaz Inc. and expects to make a decision by year-end, Daimler said Wednesday.

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China's Exports Mark First Decline In 7 Years

December 10, 2008 4:37 am | by Joe McDonald, AP Business Writer | Comments

Chinese exporters have been hammered by a drop in foreign demand, leading to factory closures and layoffs.

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