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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Menthol Cigarette Debate Could Impact Lorillard

July 23, 2008 12:05 pm | by Matthew Perrone, AP Business Writer | Comments

Cigarette maker Lorillard will keep a close eye on Capitol Hill next week as lawmakers consider measures that could threaten sales of its lucrative menthol-flavored brand, Newport.

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Fed Report: Slower Growth, Rising Prices

July 23, 2008 12:00 pm | by Jeannine Aversa, AP Economics Writer | Comments

Information from the Fed's 12 regional banks suggested that 'the pace of economic activity slowed somewhat since the last report' issued in June.

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Canada Inflation Rises 3.1 Percent

July 23, 2008 11:55 am | Comments

Statistics Canada reported that the nation's annual inflation jumped to 3.1 percent in June from 2.2 percent the previous month, the biggest one-month leap since September 2005.

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Zarlink Semiconductor Prevails Against Dissidents

July 23, 2008 11:50 am | by Julian Beltrame, Canadian Press | Comments

Management of Zarlink Semiconductor won a bitter battle over the future direction of the troubled company with 60 percent of proxy votes supporting the current board of directors.

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Moore Industries Names Director Of Manufacturing

July 23, 2008 10:10 am | by Edited by Manufacturing.net Staff | Comments

Ed Fagundes joins electronic measurement and interface instruments manufacturer as Director of Manufacturing.

Dr Pepper Snapple Group Pegs Victorville, Calif. For Site

July 23, 2008 9:10 am | by Edited by Manufacturing.net Staff | Comments

Beverage giant has selected Victorville as the location for its new Western manufacturing and distribution hub, serving California and parts of the Southwest.

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TerraCycle, Kraft Foods Partner For ‘Upcycling’

July 23, 2008 9:09 am | by Edited by Manufacturing.net Staff | Comments

Kraft will fund the collection of used packaging associated with its products for TerraCycle to upcycle into goods like purses and backpacks.

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Dump Truck Maker Closes Plant, 30 Lose Jobs

July 23, 2008 6:25 am | Comments

Ox Bodies is closing its plant in Bennettsville, S.C., immediately as it consolidates operations because of a downturn in the trucking industry.

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Boeing's 2Q Profit Declines 19 Percent

July 23, 2008 6:20 am | by Daniel Lovering, AP Business Writer | Comments

Second-largest commercial airplane maker's second-quarter earnings fell 19 percent after it took a previously disclosed charge of $248 million from a defense program.

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Pentair Closing Wisconsin Plant

July 23, 2008 6:09 am | Comments

Minnesota-based Pentair Inc. says it will close its Sheboygan plant by June and eliminate about 350 jobs.

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Utilities: Grid Can Handle Rechargeable Cars

July 23, 2008 6:00 am | by Tom Krisher, AP Auto Writer | Comments

As long as the changeover from internal combustion engines to electric vehicles is somewhat gradual, industry officials say they can manage the demand.

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Japan, ASEAN Reaffirm Plan For Free Trade Agreement

July 23, 2008 6:00 am | Comments

Japanese minister and the 10-member Association of Southeast Asian Nations are aiming for a comprehensive free trade agreement by the end of this year.

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Crocs Inc. To Promote Escalator Safety

July 23, 2008 5:45 am | Comments

After complaints surfaced about the colorful plastic clogs getting stuck in escalators, Crocs says it will start including tags on escalator safety with the shoes.

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China Makes First Appearance At Top WTO Trade Talks

July 23, 2008 5:37 am | by Bradley S. Klapper, Associated Press Writer | Comments

Meeting behind closed doors in Geneva aims to break a stalemate between rich and poor countries over liberalizing trade in agriculture and manufacturing.

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Thomasville Furniture Adding 100 Workers

July 23, 2008 5:35 am | Comments

Company says it will add more than 100 workers to its plant in Lenoir, N.C., because of increased costs of doing business overseas.

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Former Samsung Chairman Appeals Tax Conviction

July 23, 2008 5:27 am | Comments

Ex-chairman of the South Korean conglomerate appealed his conviction for tax evasion, days after prosecutors filed a similar appeal, a Samsung official said.

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Roche Buys Arius In Biotech Spending Spree

July 23, 2008 5:18 am | Comments

Pharmaceutical giant plans to buy Arius Research Inc. for $190.4 million as the latest in a series of purchases of North American biotechnology companies.

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General Electric, Abu Dhabi Firm Form Partnership

July 23, 2008 5:15 am | by Stephen Singer, AP Business Writer | Comments

GE's joint venture with an Abu Dhabi government investment company will pump $4 billion of outside capital into its weakened commercial finance business.

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Teva Finalizes Bentley Pharmaceuticals Acquisition

July 23, 2008 5:10 am | Comments

Israeli generic drug maker completed a $360 million acquisition of Bentley Pharmaceuticals, which will expand its operations in Spain.

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Carlyle Ends Bid For Chinese Company

July 23, 2008 5:07 am | by Joe McDonald, AP Business Writer | Comments

U.S. private equity firm dropped its bid to buy a stake in a Chinese construction equipment maker, after multiyear talks that stirred nationalist opposition.

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