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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Fewer Workers Idled By Strikes In 2008

February 11, 2009 11:08 am | Comments

Major work stoppages idled 72,000 workers for nearly 2 million workdays, Labor Department said, compared to 189,000 workers idled for 1.3 million workdays in 2007.

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Pratt & Whitney Wins $285M Air Force Contract

February 11, 2009 11:00 am | Comments

Air Force awarded Pratt & Whitney a $285 million contract to maintain the engines of the new F-22 Raptor fighter jet, the United Technologies Corp. unit said Wednesday.

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AspenBio Names Interim CEO

February 11, 2009 10:42 am | Comments

Biotech drug maker said Executive Chairman Daryl Faulkner will serve as the company's interim chief executive, following the resignation of Richard Donnelly.

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Pliant Files For Bankruptcy

February 11, 2009 9:46 am | Comments

Privately held maker of flexible plastic packaging and film said Wednesday it filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court of Delaware.

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Peanut Company Exec Won't Testify

February 11, 2009 9:41 am | by Ricardo Alonso-Zaldivar and Brett J. Blackledge, Associated Press Writers | Comments

Owner of a peanut company refused to testify amid the disclosure that he urged his workers to ship tainted products and to 'turn the raw peanuts on the floor into money.'

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CAT Offering Early Retirement Packages

February 11, 2009 9:15 am | Comments

Caterpillar offering voluntary early retirement packages to about 2,000 production workers as it expects lower demand for heavy equipment amid the global slowdown.

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Obama: If Stimulus Passes, Caterpillar Will Rehire

February 11, 2009 9:06 am | by Ben Feller, Associated Press Writer | Comments

President said the heavy-equipment maker has informed him it will rehire some of the thousands of workers it laid off recently if Congress passes an economic stimulus bill.

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U.S. Trade Deficit Drops To Lowest Level In 6 Years

February 11, 2009 7:40 am | by Martin Crutsinger, AP Economics Writer | Comments

Commerce Department said the deficit in December fell 4 percent to $39.9 billion, from $41.6 billion in November, slightly higher than the $36 billion deficit expected.

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Ford: Germany’s Bonus Program Boosts Sales

February 11, 2009 7:10 am | Comments

German business of Ford Motor Co. saw a sharp 14.2 percent increase in January sales as a result of the German government's ‘Environmental Bonus’ program, the company said.

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Toyota Unveils 2010 Tundra

February 11, 2009 7:01 am | Comments

Automaker displayed the 2010 Tundra pickup at the Chicago Auto Show on Wednesday, which has an optional smaller, more fuel-efficient V-8 engine and other features.

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Peanut Corp. Owner Urged Shipping Tainted Products

February 11, 2009 6:58 am | by Ricardo Alonso-Zaldivar and Brett J. Blackledge, Associated Press Writers | Comments

E-mails showed Peanut Corp. of America owner urged workers to ship tainted products after receiving test results identifying salmonella, because he was worried about lost sales.

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Hyundai U.S. Chief: Auto Industry Must Be Frugal

February 11, 2009 6:57 am | by Tom Krisher, AP Auto Writer | Comments

Head of Hyundai Motor America is calling on the auto industry to embrace fuel economy, limit executive salaries and end overindulgence to change its poor public image.

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Century Aluminum: Shuttering Smelter Will Cost $30M

February 11, 2009 6:54 am | Comments

Aluminum maker says it's expecting up to $30 million in charges for shutting down its Ravenswood, W.Va., smelter.

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China Investigating Additive Used In Milk Product

February 11, 2009 5:55 am | by Audra Ang, Associated Press Writer | Comments

Beijing’s quality watchdog said Wednesday it is investigating the safety of an unapproved protein additive in a premium line of milk produced by one of the country's biggest dairies.

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Huntsman, Sasol To Expand German Plant

February 11, 2009 5:45 am | Comments

Chemical maker and Sasol Ltd. plan to expand the joint venture's maleic anhydride production site in Moers, Germany.

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EU: Markets Must Be Open

February 11, 2009 5:22 am | by Raf Casert, Associated Press Writer | Comments

European Union's top two officials warned member countries not to shield their economies with protectionist measures, which would only worsen the financial crisis.

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Arkansas Best Cuts More Jobs

February 11, 2009 5:19 am | Comments

Trucking company laid off 1,100 employees in the fourth quarter of 2008 and another 350 in January as freight demand declined, CFO Judy R. McReynolds said.

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Oil Near $38 On Bailout Skepticism

February 11, 2009 4:57 am | by Jake Neubacher, Associated Press Writer | Comments

Investor skepticism about the new U.S. bank rescue plan kept oil prices close to $38 a barrel, despite evidence OPEC nations are going ahead with production cuts.

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Bank Of England: Britain In 'Deep Recession'

February 11, 2009 4:53 am | by Pan Pylas, AP Business Writer | Comments

Head of the Bank of England said Britain was in a 'deep recession' that would require further easing of monetary policy, including the possible expansion of the money supply.

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Chinese Exports, Imports Plunge

February 11, 2009 4:51 am | by Joe McDonald, AP Business Writer | Comments

China's exports fell 17.5 percent in January amid collapsing global demand and imports plunged 43 percent, adding pressure on Beijing to boost the slumping economy.

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