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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Textron Selling Fluid And Power Unit

September 11, 2008 9:42 am | Comments

Industrial conglomerate reached an agreement to the unit to Clyde Blowers for up to $645 million, marking its exit from the pump and power transmission industries.

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Two Technology Trade Groups Consider Merger

September 11, 2008 6:30 am | by Joelle Tessler, AP Technology Writer | Comments

AeA, formerly known as the American Electronics Association, and the Information Technology Association of America said Thursday they are in talks to merge their operations.

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Jobless Claims Drop Less Than Expected

September 11, 2008 6:25 am | by Christopher S. Rugaber, AP Business Writer | Comments

Labor Department reported that applications for jobless benefits dropped to a seasonally adjusted 445,000, down by 6,000 from the prior week.

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Ford Expected To Idle SUV Line

September 11, 2008 6:11 am | Comments

Union leader says Ford Motor Co. is planning a 1-week shutdown of the compact SUV line at its suburban Kansas City plant due to slowing sales.

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U.S. Trade Deficit Surges To 16-Month High

September 11, 2008 6:05 am | by Martin Crutsinger, AP Economics Writer | Comments

Trade deficit shot up by 5.7 percent to $62.2 billion in July, much worse than the $58 billion deficit that Wall Street expected.

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U.S., China To Hold Trade Talks

September 11, 2008 6:02 am | Comments

China's top trade envoy will visit the United States next week for talks that underscore booming commerce between the two countries.

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Mattson Technology Cutting 80 Jobs

September 11, 2008 6:00 am | Comments

Semiconductor manufacturing equipment maker will cut about 14 percent of its work force to lower its cash losses from operations while continuing to invest in growth areas.

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Sawka New CFO At Questcor

September 11, 2008 5:55 am | Comments

Questcor Pharmaceuticals Inc. said Gary Sawka will become senior vice president and chief financial officer, replacing George Stuart, who is stepping down for family reasons.

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Morton Salt To Rebuild Plant Hit By Hurricane

September 11, 2008 5:55 am | Comments

Company said it plans to rebuild its Bahamian island factory where it employs more than half the working population after damage from Hurricane Ike forced operations to halt.

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BAE Systems Shuttering Alabama Plant

September 11, 2008 5:46 am | Comments

Company has announced it will lay off 200 workers and shut down its Second Chance Body Armor Plant later this month.

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Swift Fires Muslim Workers In Lunch Break Dispute

September 11, 2008 5:45 am | Comments

Union representing Muslim workers at a JBS Swift & Co. meatpacking plant plans to file grievances over the firing of more than 100 workers in a dispute over religious accommodations.

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Lawmakers Call For Duties On Chinese Paper

September 11, 2008 5:40 am | Comments

Federal commission will hear arguments next month from a Wisconsin congressman and others who say Chinese paper-making companies are engaging in unfair competition.

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Illegal Workers Arrested In Plant Raid Near Phoenix

September 11, 2008 5:37 am | Comments

Authorities raided a candle manufacturing plant near Phoenix in an investigation into whether the business hired illegal immigrants and arrested 65 people.

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Boeing CFO: Significant Strike Issues Unresolved

September 11, 2008 5:35 am | by Daniel Lovering, AP Business Writer | Comments

Chief financial officer James Bell said Boeing was in a ‘cooling off period’ with its striking machinists, but that the sides remained at odds over outsourcing and other issues.

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Union Workers 'Fearless' At Boeing, U.S. Steel

September 11, 2008 5:31 am | by Tim Klass, Associated Press Writer | Comments

On picket lines in Seattle and production lines in Pittsburgh, union workers show no fear in demanding a hefty chunk of the profits from Boeing and U.S. Steel.

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China Promises To Scrutinize Coca-Cola Bid

September 11, 2008 5:22 am | by Joe McDonald, AP Business Writer | Comments

Commerce Ministry says it will enforce anti-monopoly rules in reviewing Coke's bid to buy a Chinese juice maker but gave no indication what factors might affect its decision.

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Oil Agency Sex Scandal May Affect Drilling Debate

September 11, 2008 5:20 am | by H. Josef Hebert, Associated Press Writer | Comments

Allegations of substance abuse and promiscuity by workers at government agency that issues offshore drilling leases hit lawmakers just as they prepared to vote on expanding offshore drilling.

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Guinness Plans New Brewery Near Dublin

September 11, 2008 5:18 am | by Shawn Pogatchnik, Associated Press Writer | Comments

Irish beer giant will build its new flagship brewery west of Dublin in the town of Leixlip -- where Arthur Guinness began brewing the famed dark-brown stout in 1755.

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Japanese Core Machinery Orders Slide

September 11, 2008 5:12 am | by Tomoko A. Hosaka, Associated Press Writer | Comments

Cabinet Office said orders fell 3.9 percent in July, indicating that Japanese business investment is retreating amid higher costs and a global slowdown.

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Pentagon Delays $35B Tanker Decision

September 10, 2008 1:29 pm | by Stephen Manning and Donna Borak, AP Business Writers | Comments

Defense Dept. canceled latest round of bidding between Boeing and Northrop Grumman for new aerial refueling tankers, and plans to hold a new competition next year.

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