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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Nissan Cutting Production, Temp Workers

December 17, 2008 4:04 am | Comments

Japanese automaker said Wednesday it would reduce production by a further 78,000 vehicles and cut 500 temporary workers.


Smithfield Completes Deal With Spanish Company

December 17, 2008 4:00 am | Comments

Pork producer said Wednesday it completed the merger of its European subsidiary and Campofrio Alimentacion SA, the largest processed meats company in Spain.


Canada: Depression Is Possible

December 17, 2008 4:00 am | Comments

Canadian Prime Minister Stephen Harper believes a depression is possible and says he's never seen such economic uncertainty.


PDD Expanding Lab In Singapore

December 17, 2008 3:57 am | Comments

Drug development contractor said it will expand laboratory services into Singapore in order to meet growing demand in Southeast Asia.


New Process Gear Lays Off 216 Workers

December 17, 2008 3:55 am | Comments

Company will lay off 216 workers at its auto parts plant in New York indefinitely beginning next week, citing a downturn in demand for full-sized trucks.


Euro Inflation Eases To 14-Month Low

December 17, 2008 3:52 am | Comments

Tumbling oil prices helped inflation in the 15 nations that use the euro ease to 2.1 percent in November, the EU statistics agency Eurostat confirmed Wednesday.


Honda Cuts Profit Forecast, Managers’ Pay

December 17, 2008 3:50 am | by Yuri Kageyama, AP Business Writer | Comments

Japanese automaker now expects $2.1 billion in group net profit -- less than a third of the 6.8 billion yen earned last fiscal year; managers to take 10 percent pay cut.


British Unemployment Hits 6 Percent

December 17, 2008 3:47 am | Comments

Office for National Statistics said the number of unemployed rose 137,000 in the three months to August to a nine-year high of 1.86 million.


Malaysia: Carmaker Proton Needs Foreign Partner

December 17, 2008 2:30 am | by Eileen Ng, Associated Press Writer | Comments

Prime Minister said that Malaysia’s national automaker Proton should tie-up with a strong foreign partner in a joint venture to remain competitive.


Michigan’s Governor A Fierce Big 3 Advocate

December 17, 2008 2:05 am | by Kathy Barks Hoffman, Associated Press Writer | Comments

Gov. Jennifer Granholm has become an impassioned -- and occasionally sharp-tongued -- advocate for the ailing U.S. auto industry.


OPEC Ready To Cut Oil Output

December 17, 2008 2:00 am | by George Jahn, Associated Press Writer | Comments

Saudi Arabia said Wednesday OPEC will slash a record 2 million barrels from its daily production as of Jan. 1, while Russia and other OPEC outsiders announced their own cutbacks.


Fed Cuts Key Interest Rate

December 16, 2008 12:44 pm | Comments

Federal Reserve cut its target for a key interest rate to zero to 0.25 percent, the lowest level on record, saying it will use 'all available tools' to combat a severe financial crisis.


Ford: December Sales Up Over November

December 16, 2008 9:55 am | Comments

Executive Chairman Bill Ford Jr. says the company's December U.S. auto sales don't look too bad through the first two weeks of the month.


3M Acquires Beiersdorf's Futuro Product Line

December 16, 2008 9:50 am | Comments

Maker of products including Scotch Tape and Post-it Notes, said Tuesday it completed the acquisition of Beiersdorf's Futuro line of health supports and compression hosiery.


Auto Parts Supplier Lays Off 100

December 16, 2008 8:57 am | Comments

Tenneco Inc. said Tuesday that the layoffs at its plant in the Dayton, Ohio, suburb of Kettering are the result of production cuts at General Motors, the plant's biggest customer.


Key Plastics Files Chapter 11

December 16, 2008 8:51 am | Comments

Auto parts supplier Key Plastics LLC said Tuesday it has filed for Chapter 11 bankruptcy protection and submitted a pre-packaged reorganization plan.


Washington Still Working On Auto Bailout

December 16, 2008 8:39 am | Comments

White House played down the likelihood of a bailout for distressed U.S. automakers anytime soon and suggested that major concessions must be made as part of any deal.


Infineon Rejects Aid From Germany

December 16, 2008 8:00 am | Comments

Technology company rejected the German state of Saxony's offer to help rescue its memory chip unit Qimonda AG, but said it was open to further talks with the state government.


Consumer Prices Plunge 1.7 Percent

December 16, 2008 7:50 am | Comments

Labor Department reported Tuesday that consumer prices, an inflation barometer, fell last month by the largest amount on records going back 61 years.


Dell To Save $$$ With Reduced Packaging

December 16, 2008 7:10 am | Comments

Computer maker said Tuesday it is moving to save 150,000 trees and $8 million with a new plan to reduce packaging materials by 10 percent over the next four years.



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