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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

Cheaper Gas, Food Lower U.S. Producer Prices

December 12, 2014 10:17 am | by Christopher S. Rugaber, AP Economics Writer | Comments

Falling gas and food costs pushed down overall U.S. wholesale prices last month, evidence that cheaper oil worldwide is limiting inflation. The Labor Department said Friday that the producer price index fell 0.2 percent in November, after rising by the same amount in October. In the past 12 months, producer...

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Bath Iron Works Awarded $21M Contract For Destroyers

December 12, 2014 10:14 am | by The Associated Press | Comments

Bath Iron Works has been awarded a $21 million contract to continue work on a class of U.S. Navy destroyers. U.S. Rep. Chellie Pingree said in a statement Thursday night that it was a modification of a previously awarded contract for construction of DDG 51 destroyers. Pingree...

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Ferrari Looks To Burnish Brand Value

December 12, 2014 10:09 am | by Colleen Barry, AP Business Writer | Comments

Ferrari's sleek sports cars and souped-up Formula 1 racing machines have made the prancing horse logo among the world's most powerful brands. Now, as the company prepares for a public listing, it wants to cash in on the cachet. The aim: position Ferrari not just as a car-maker, but as a luxury goods...

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Holiday Shopping Boosts U.S. Retail Sales

December 12, 2014 10:06 am | by Josh Boak, AP Economics Writer | Comments

U.S. retail sales perked up in November, as cheaper gas and an improving job market fueled a promising start to the holiday shopping season. Retail sales rose a seasonally-adjusted 0.7 percent, the most in eight months, the Commerce Department said Thursday. Falling gasoline prices dented gas stations receipts...

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Chrysler Obeys Safety Regulators, Expands Recall

December 12, 2014 9:58 am | by Tom Krisher, AP Auto Writer | Comments

Chrysler is bowing to demands from U.S. safety regulators and will add about 179,000 vehicles to a recall for air bags that could explode with too much force. The latest expansion covers the Ram pickup from the 2003 to 2005 model years, as well as the 2004 and 2005 Dodge Durango, 2005 Chrysler 300 and...

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Light My Sleigh Tonight: The Story Of Rudolph & GE

December 12, 2014 9:42 am | by GE Reports | Comments

It’s hard to imagine, but there was a time when GE still needed to sell the general public on the value of artificial illumination. So it made sense for the company to devote an episode of the General Electric Fantasy Hour to a show about a little reindeer who saves the day with his bright red nose.  Rudolph the...

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USDA Sees Higher Corn, Soybean Demand In Report

December 11, 2014 3:14 pm | by David Pitt, Associated Press | Comments

Aside from increased demand for corn to make food sweeteners and a boost in soybean exports, the U.S. Department of Agriculture made few adjustments to Wednesday's crop update. Some analysts expect that the USDA may adjust the number of corn acres planted, which currently exceeds the...

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November Budget Deficit Drops To $56.8B

December 11, 2014 3:10 pm | by Martin Crutsinger, AP Economics Writer | Comments

The federal government's deficit for the first two months of the new budget year is down 21 percent from the same period a year ago, although much of that improvement stems from quirks in the calendar. The Treasury Department said Wednesday the deficit for November totaled $56.8 billion, a drop of...

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Ban Urges Big Polluters To Present Climate Pledges

December 11, 2014 3:08 pm | by Karl Ritter, The Associated Press | Comments

U.N. Secretary-General Ban Ki-moon on Thursday urged governments to listen to scientists "shouting from the roof tops" and accelerate talks on a global pact to fight climate change. With U.N. talks in Lima bogged down by age-old splits between rich and poor countries, Ban told The Associated...

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MS Regulators OK Small Entergy Rate Increases

December 11, 2014 3:06 pm | by Jeff Amy, The Associated Press | Comments

Entergy Corp. will get a $16.2 million overall rate increase but many customers will see little or no difference in their monthly bills under a new rate plan approved Thursday by the Mississippi Public Service Commission. Under the plan, which will take effect with February bills, a residential...

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OR GMO Labeling Proponents Concede Defeat

December 11, 2014 3:02 pm | by Jonathan J. Cooper, The Associated Press | Comments

Proponents of an Oregon ballot measure requiring labels on genetically modified foods are conceding defeat. The Yes on 92 campaign said Thursday there are no other legal options remaining that could lead them to victory. The campaign filed a lawsuit earlier this week...

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Airline Stocks Rise As Oil Price Lift Outlook

December 11, 2014 1:05 pm | by The Associated Press | Comments

Shares of major U.S. airlines rose Thursday amid more signs that cheaper fuel will turn into a windfall for the carriers. Delta Air Lines Inc. said that its pretax income will jump to more than $5 billion in 2015, up from an estimated $4.5 billion this year and nearly double the 2013 gain. At current fuel...

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Budget Deal Targets, But Misses Climate Regulations

December 11, 2014 12:55 pm | by Dina Cappiello, The Associated Press | Comments

A congressional deal to finance the government chips away at some Obama administration energy and environmental programs, but leaves largely intact the president's plans on global warming — at least until Republicans take control of Congress next month. Democrats...

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Automation In Manufacturing Conference Announced, Call For Speakers Open

December 11, 2014 12:47 pm | by The Association For Manufacturing Technology | Comments

After a successful first year, AMT – The Association For Manufacturing Technology will host the second annual Automation in Manufacturing (AIM) Conference. The conference will be held June 4, 2015, at the MGM Grand in Detroit, Mich. AMT has also issued a call for speakers. This year’s theme will be...

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GOP Pushes Spending Measure Forward

December 11, 2014 10:46 am | by Andrew Taylor, The Associated Press | Comments

Confident House Republicans pressed ahead with a $1.1 trillion government-wide spending bill Thursday despite persistent grumbling among Democrats whose votes they need for passage, and lingering opposition from tea party Republicans who see more in the measure to dislike than...

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U.S. Cutting Tool Consumption Up 9.7% In October

December 11, 2014 10:43 am | by The Association For Manufacturing Technology | Comments

October U.S. cutting tool consumption totaled $193.6 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was up 9.7% from September’s total and...

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Manufacturers Seek Women For Hard-to-Fill Jobs

December 11, 2014 10:40 am | by M. L. Johnson, The Associated Press | Comments

Some companies looking for welders, machinists, and other skilled workers are turning their sights to women. Federal statistics show that women make up nearly half of the U.S. workforce yet hold less than a third of the nation's 12.2 million manufacturing jobs. Milwaukee-based Harley-Davidson is...

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Altoona Ignition Wire Plant Cutting 160 Jobs

December 11, 2014 10:28 am | by The Associated Press | Comments

A central Pennsylvania plant plans to cut 160 of 210 jobs next year as it moves its automotive ignition wire manufacturing operation to another plant in Mexico. The Altoona Mirror reports General Cable will keep its Altoona plant open, but only to make ignition wire assemblies that aren't used in...

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GE Opens Predix Industrial Software Platform To SoftBank In First Licensing Deal

December 11, 2014 10:19 am | by GE Reports | Comments

The machines are talking, and the conversation is getting bigger and more complex. That’s why last October, GE said it would open to developers its new software platform for the Industrial Internet, called Predix. Today, the Japanese telecom giant and the country’s third largest mobile...

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Obama Promotes Trade, Tax Fix, Innovation

December 11, 2014 9:47 am | by The Associated Press | Comments

President Barack Obama is meeting with corporate advisers and pushing for a simpler tax code for businesses and expanded trade, two policy proposals that are certain to put him at odds with some fellow Democrats as he enters the last two years of his presidency. Obama also was to...

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