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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

General Dynamics Secures $5.8B Contract

September 3, 2014 8:31 am | by The Associated Press | Comments

General Dynamics has landed a $5.76 billion contract to make armored vehicles for Britain. The aerospace and defense company will deliver 589 Scout Specialist Vehicles between 2017 and 2024, and it will also make available affiliated support and training. The contract will ...

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Halliburton Reaches $1.1B Oil Spill Settlement

September 2, 2014 5:33 pm | by The Associated Press | Comments

Halliburton says it has agreed to pay $1.1 billion to settle a substantial portion of plaintiff claims arising from the 2010 Gulf of Mexico oil spill. The settlement, which is subject to court approval, will be paid into a trust until appeals are resolved over the next two years. Halliburton was...

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Heineken Sells Mexican Packaging Business To Crown Holdings

September 2, 2014 5:26 pm | by The Associated Press | Comments

Dutch brewer Heineken NV says it has sold its packaging business in Mexico to Crown Holdings Inc. of the U.S. for $1.23 billion (940 million euros) to reduce debt.Heineken acquired the business in 2010 as part of a $7.9 billion deal...       

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Why American Manufacturing Is Vital To Future Prosperity

September 2, 2014 5:17 pm | by Hillary Schaub and Darrell M. West, Brookings | Comments

At the 3rdannual John White, Jr. Forum on Public Policy, the topic was Regional Manufacturing Hubs in the U.S., and we heard from a number of different experts. As noted in a recent White House report, the manufacturing industry is growing, but there is still much work to be done. The sector comprises 12 percent of the overall economy, and greater investments...

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Agilent Technologies Introduces Next-Generation Sequencing Cancer Research Panels

September 2, 2014 1:56 pm | by The Associated Press | Comments

Agilent Technologies Inc. today introduced ClearSeq AML, the first product in the ClearSeq line of next-generation cancer research panels, which targets 48 selected exons in 20 of the most commonly mutated genes found in acute myeloid leukemia. Designed in collaboration with Dr. Robert Ohgami and Dr. Daniel Arber at the Stanford Department of Pathology, Stanford University, ClearSeq AML provides... 

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Foreign Companies in China Feel 'Targeted'

September 2, 2014 12:02 pm | by Joe McDonald, The Associated Press Business Writer | Comments

Foreign companies in China feel increasingly targeted for unfair enforcement of anti-monopoly and other laws, and might cut investment if conditions fail to improve, a U.S. business group said Tuesday. The American Chamber of Commerce in China's report adds to mounting complaints about a flurry of investigations of global automakers, technology suppliers, and other companies... 

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North Carolina Offers $100M For Toyota

September 2, 2014 11:52 am | by Emery P. Dalesio, The Associated Press Business Writer | Comments

North Carolina business recruiters offered Toyota more than $100 million in incentives for the world's largest car maker to move its North American headquarters to Charlotte rather than a Dallas suburb, but still lost out to a Texas offer half that size. Only about a quarter of the nearly 3,000 jobs paying an average of $105,000 a year were expected to move from Southern California, meaning... 

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U.S. Manufacturing Grows At Fastest Pace In 3½ Years

September 2, 2014 11:34 am | by Christopher S. Rugaber - AP Economics Writer - Associated Press | Comments

U.S. manufacturing grew in August at the strongest pace in more than three years as factories cranked out more goods and new orders rose. The Institute for Supply Management's manufacturing index rose to 59 from 57.1 in July, the ISM said Tuesday. That was the highest reading since March 2011. Any measure above 50 signals...

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ADM Selling Chocolate Business To Cargill

September 2, 2014 10:33 am | by The Associated Press | Comments

 Archer Daniels Midland Co. is selling its global chocolate business to Cargill for $440 million. The agribusiness company said Tuesday that the sale will give it the opportunity to redeploy capital to other areas and improve its returns. Cargill said that ADM's chocolate operations are...

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Dominion Resources and Duke Energy Propose $5B Natural Gas Pipeline

September 2, 2014 9:30 am | by Jonathan Fahey - AP Energy Writer - Associated Press | Comments

Dominion Resources, Duke Energy, and other partners are proposing a $5 billion natural gas pipeline to connect the Southeast with the prodigious supplies of natural gas being produced in Pennsylvania, Ohio, and West Virginia. Gas is being relied upon to generate more of the nation's electricity in recent years because...

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Obama: 'Revving' Economy Calls For Higher Wages

September 1, 2014 5:30 pm | by Jim Kuhnhenn - Associated Press | Comments

President Barack Obama renewed his push for Congress to raise the minimum wage Monday in a buoyant accounting of the economy's "revving" performance, delivered on behalf of Democrats opening their fall campaigns for the midterm congressional elections. "America deserves a raise," he told a union...

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Leaders Seek Manufacturing Revival

September 1, 2014 2:29 pm | by Ron Bartizek - (Wilkes-Barre) Times Leader - Associated Press | Comments

On Labor Day 2014, workers in Northeastern Pennsylvania face a job market that has changed considerably over the past several years, while some employers say they can't find new hires with the skills and work habits they need. The mismatch is reflected in an unemployment rate that, while down substantially since the end of the Great Recession, has remained...

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China Manufacturing Growth Slowed In August

August 31, 2014 11:32 pm | by The Associated Press | Comments

Two surveys show China's manufacturing growth decelerated in August due to weaker global demand and a slowdown in domestic investment. HSBC Corp. said Monday its purchasing managers index fell to 50.2 from July's 18-month high of 51.7 on a 100-point scale on which numbers above 50 show...

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Incentives States Can Offer To Get Tesla Factory

August 31, 2014 1:30 pm | by The Associated Press | Comments

Five states are on the short list for a $5 billion factory that Tesla Motors plans to build so it can crank out batteries for a new generation of electric cars. The package of economic incentives that each state offers will help determine ...

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Tesla Motors Dealing As States Play Factory Poker

August 31, 2014 1:30 pm | by Justin Pritchard - Associated Press | Comments

From the start, little has been typical about Tesla Motors' plan for a $5 billion factory to make batteries for a new generation of electric cars. It is not just the project's massive scale, the cutting-edge technology, or even the bonanza of 6,500 good-paying jobs, but rather it is how Tesla is deciding...

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VA Facility Processes Crab Blood For Med Tests

August 31, 2014 11:33 am | by Connie Morrison - Eastern Shore News - Associated Press | Comments

The Port of Cape Charles is a study in contrasts: A major manufacturer of concrete construction components is located next to a natural area that protects habitat of a small beetle. A new mega-yacht service facility is juxtaposed with work boats laden with commercial crab pots. But nowhere are...

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Detroit Raced Toward This Week's Bankruptcy Trial

August 31, 2014 10:32 am | by Corey Williams - Associated Press | Comments

It took decades of mismanagement, malfeasance, and meltdowns in its bread-and-butter manufacturing sector for Detroit to hit fiscal rock bottom. The path to exit bankruptcy could take less than a year and a half. After some delays, the confirmation trial for the largest municipal bankruptcy in...

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Agriculture Equipment Sales Decline In 2014

August 31, 2014 10:32 am | by Regina Garcia Cano - Associated Press | Comments

Agricultural equipment manufacturers and farmers say machinery sales have fallen recently because of lower commodity prices and changes to a federal tax break. Shawn Berry said at a sales event in South Dakota that the Ohio-based company he represents could ...

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California Lawmakers Pass First U.S. Plastic Bag Ban

August 30, 2014 3:30 am | by The Associated Press | Comments

Lawmakers are sending Gov. Jerry Brown a bill that would make California the first to impose a statewide ban on single-use plastic bags. SB270 cleared the Senate on a 22-15 vote on Friday, and it was approved by the Assembly a day earlier. Senators who had previously opposed the bill, including...

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China Military Shows Off Newest Helicopters, Tanks

August 29, 2014 5:31 am | by The Associated Press | Comments

China showed off the growing sophistication of its defense industries Friday by featuring its newest attack helicopters and main battle tanks at a multinational live-firing military exercise in the country's north. State media said ...  

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