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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Oil Imports Responsible For Rise In Trade Deficit

May 11, 2007 5:30 am | by Martin Crutsinger, Associated Press | Comments

Almost two-thirds of the decline in the deficit reflected a 17.6 percent jump in oil imports, which climbed to $24.6 billion, the highest level in six months, Commerce Dept. figures show.


JDS Uniphase Acquires Innocor For Undisclosed Price

May 11, 2007 5:15 am | Comments

Fiberoptic telecommunications equipment maker JDSU said it will buy Ottawa-based Innocor for an undisclosed amount.


UK Manufacturing Output Lackluster, But Steady

May 10, 2007 12:23 pm | by Amy Radishofski, Staff Reporter | Comments

Office for National Statistics paints a stable picture of the industry, despite the lack of shining stars for output.


Russian Conglomerate Buys $1.54 Billion Stake In Canadian Auto Parts Supplier

May 10, 2007 6:40 am | Comments

Basic Element's voting share in Canadian auto parts supplier will increase its ability to purchase Chrysler.


Japan Says U.S. Trade Report 'Inaccurate'

May 10, 2007 6:35 am | Comments

Japanese government submitted comments on the "inaccuracies" in the 2007 National Trade Estimate released by the U.S. last month.


China Oil Company Seeking International Partners For Wind Power Plants

May 10, 2007 6:30 am | by Edited by Andrea Lyn Van Benschoten, Web Editor | Comments

CNOOC is looking to move into wind power plants along China’s coastal regions, according to according to research from Industrial Info Resources.


DaimlerChrysler Starts Building $67.5 Million Car Plant In India

May 10, 2007 6:25 am | Comments

The plant will produce 5,000 vehicles per year to meet growing demand for luxury cars in India.


Shut Off Ventilation System Cited As Cause Of Plant Explosion

May 10, 2007 6:23 am | by Amy Radishofski, Staff Reporter | Comments

The U.S. Chemical Safety Board found that the ink and paint plant that exploded last November routinely turned off the ventilation system at night.


Sematech Moving Its Headquarters From Texas To New York State

May 10, 2007 6:20 am | by Michael Gormley, Associated Press | Comments

The consortium of nanoelectronics manufacturers is investing $600 million in Albany facility; will create 450 jobs.


Dairy Deal: Crystal Cream & Butter Sold To HP Hood

May 10, 2007 6:18 am | by Edited by Anita LaFond, News Editor | Comments

The 106-year-old company was sold for undisclosed sum; 500 employees will be affected, according to media report.


Canada Can 'Kiss' Hershey Plants Goodbye

May 10, 2007 6:15 am | by Marc Levy, Associated Press | Comments

Hershey's earnings outlook lowered amid restructuring efforts.


Dana Seeks Court Approval To Repurchase Two Factories

May 10, 2007 6:13 am | Comments

Auto-parts company wants to spend $7.44 million to buy back plants in Stockton, Calif., and Danville, Ky., from its Dana Credit unit.


Bye Bye Birdie

May 10, 2007 6:10 am | by Edited by Amy Radishofski, Staff Reporter | Comments

After 49 years, Blue Bird Coach will close in Canada.


Congratulations, Wyeth, You’ve Been Re-Approved

May 10, 2007 6:05 am | by Edited by Amy Radishofski, Staff Reporter | Comments

Wyeth’s Guayama facility receives positive re-classification following FDA inspection.


Hillenbrand Industries Plans To Divide And Conquer

May 10, 2007 5:11 am | by Edited by Amy Radishofski, Staff Reporter | Comments

Within nine months, the company will split into two independent publicly traded companies.

Inverness Medical Ups Its Offer for Biosite Buyout To $92.50 Per Share

May 10, 2007 5:10 am | Comments

Latest bid by Inverness rivals Beckman Coulter’s May 2nd bid of $90 per share.


StockerYale Appoints New Director of R & D

May 10, 2007 5:09 am | by Edited by Anita LaFond, News Editor | Comments

Sylvain Rioux will be based out of StockerYale’s Montreal facility and will be responsible for StockerYale Canada’s R&D projects.

Trade Deficit Increased 10.36 Percent In March, Manufacturing Deficit Holds Steady

May 10, 2007 5:08 am | by Andrea Lyn Van Benschoten, Web Editor | Comments

The total U.S. trade deficit increased 10.36 percent in March, while the U.S. manufacturing deficit remained about the same at $47 billion.


Who’s In Charge Here?

May 10, 2007 5:07 am | by Edited by Amy Radishofski, Staff Reporter | Comments

HEI CEO resigns to join former client in unrelated industry.

Meggitt Forms New Meggitt Sensing Systems Division

May 10, 2007 5:06 am | by Edited by Anita LaFond, News Editor | Comments

Meggitt merges its aerospace and electronics businesses into new division that has operations in France, Switzerland, Spain, the UK and the U.S.



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