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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Caterpillar Still Going Ahead With Arkansas Plant

January 26, 2009 9:04 am | Comments

CAT's plans for a $140 million road grader plant in North Little Rock remained unchanged Monday, despite the company reporting fourth-quarter profit plunged 32 percent.

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Dow Not Closing Rohm & Haas Deal

January 26, 2009 8:50 am | by Ernest Scheyder, AP Energy Writer | Comments

Company said it will not close on its $15.4 billion acquisition of the specialty chemicals maker by Tuesday's deadline due to the economic turmoil and recent collapse of a joint venture.

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Oshkosh, Army Sign R & D Agreement

January 26, 2009 8:47 am | Comments

Unit of Oshkosh Corp. signed a research and development deal with the Army for refining the technology that enables unmanned ground vehicles to operate in a convoy.

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GM Cutting 2,000 Jobs, Halting Production

January 26, 2009 8:41 am | by Kimberly S. Johnson, AP Auto Writer | Comments

Automaker said it will cut 2,000 jobs at plants in Michigan and Ohio, and it will halt production for several weeks at nine U.S. plants over the next six months due to slow sales.

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Pfizer Buys Wyeth, Cuts 8,000 Jobs

January 26, 2009 7:15 am | by Linda A. Johnson and Damian J. Troise, AP Business Writers | Comments

Pharmaceutical giant is buying rival drug maker Wyeth in a $68 billion deal that could reshape the drug development industry; also plans to cut 10 percent of its workforce.

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Smurfit-Stone Files For Chapter 11

January 26, 2009 5:42 am | by Mike Obel, AP Manufacturing Writer | Comments

Largest producer of cardboard box materials in North America said Monday that it has filed for bankruptcy protection as it looks to restructure a heavy debt.

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Report: Canadians Pessimistic About Jobs, Finances

January 26, 2009 5:39 am | Comments

Conference Board of Canada says consumer confidence ticked upward slightly this month, but remains at recession-era lows.

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Leading Economic Indicators Rise In December

January 26, 2009 5:15 am | Comments

New York-based Conference Board's monthly forecast of economic activity rose unexpectedly 0.3 percent in December; economists had projected a 0.3 percent decline.

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Economist: Auto Sales To Continue Decline In 2009

January 26, 2009 4:45 am | Comments

U.S. sales of cars and light trucks will rebound in 2009 from dismal levels in last year's fourth quarter, but they still won't match 2008's full-year sales, an economist predicts.

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CAW: Canada's Auto Plants Most Productive

January 26, 2009 4:35 am | Comments

Canadian auto plants are more efficient than U.S. and Mexican counterparts, according to a study by the Canadian Auto Workers union.

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Continental To Break Up Operations

January 26, 2009 4:30 am | Comments

New owner Schaeffler Group KG will divide Continental’s operations into two divisions with tire and rubber plants in northern Germany and auto parts plants in the south.

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Michigan Fines Auto Parts Maker $102K

January 26, 2009 4:25 am | Comments

State regulators contend New Center Stamping Inc. failed to adequately protect employees from serious safety hazards discovered during inspections in the fall of 2008.

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Deere Laying Off Nearly 700 Workers

January 26, 2009 4:20 am | Comments

Farm-equipment maker will fire 502 workers at an agricultural harvesting equipment plant in Brazil and 190 employees at a construction equipment plant in Davenport, Iowa.

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Chrysler Asks Dealers To Buy More Cars

January 26, 2009 4:15 am | by Tom Krisher, AP Auto Writer | Comments

Despite Chrysler's U.S. sales down 30 percent last year and an economic recession, dealers are answering the automaker's call to order more cars and trucks.

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Report: Toyota's Domestic Output Down 25 Percent

January 26, 2009 4:14 am | by Shino Yuasa, Associated Press Writer | Comments

Japan's No. 1 automaker expects to roll out 3 million vehicles at the parent level, 'the minimum necessary' for Toyota to keep its full-time workers, a Japanese newspaper said.

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France Pledges Support For Airbus

January 25, 2009 7:00 pm | Comments

Plane maker's customers will benefit from $6.4 billion in new state-backed bank financing aimed at supporting the aeronautic industry, a Finance Ministry official said.

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Chrysler Claims It's 'Alive And Well'

January 23, 2009 12:45 pm | by Becky Bohrer, Associated Press Writer | Comments

Automaker is investing in new products, planning for slow sales and looking to incentives to help it sell its way out of the downturn, President and Vice Chairman Jim Press said.

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Dow, Rohm & Haas In Talks To Close $15.4B Deal

January 23, 2009 10:00 am | by Ernest Scheyder, AP Energy Writer | Comments

After federal regulators approved the deal, Dow Chemical is in talks with Rohm & Haas about closing its $15.4 billion buyout of the specialty chemicals maker.

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Hutchinson Technology Closing S.D. Plant

January 23, 2009 9:50 am | Comments

Ten days after cutting its Sioux Falls work force in half, Hutchinson Technology said Friday it's closing the plant and laying off the remaining 300 employees.

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Severstal Idling Ohio Furnace

January 23, 2009 8:16 am | by Vicki Smith, Associated Press Writer | Comments

Company will idle its electric arc furnace in Mingo Junction, Ohio, next month because of poor steel market conditions.

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