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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

SunEdison Buying First Wind For $1.9B

November 18, 2014 10:28 am | by The Associated Press | Comments

Solar energy company SunEdison is adding some wind-fueled power to its business with a deal worth up to $2.4 billion. The St. Peters, Missouri-based company and its publicly traded subsidiary, TerraForm Power, said Monday that they are buying First Wind for $1.9 billion...

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Halliburton Buying Baker Hughes In $34.6B Deal

November 18, 2014 10:02 am | by Jonathan Fahey, AP Energy Writer | Comments

In a deal that shows just how quickly falling prices can upend the energy industry, Halliburton is buying rival oilfield services company Baker Hughes in a cash-and-stock deal worth $34.6 billion.Global oil prices have tumbled 31 percent over...

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WI Agency Proposes Fee For Electric Cars

November 18, 2014 9:55 am | by Scott Bauer, The Associated Press | Comments

Wisconsin would join five other states that impose special fees on owners of electric vehicles, in an attempt to help make up for revenue drivers of those fuel-efficient cars aren't paying in gas taxes, under a road-funding proposal put forward by Gov. Scott Walker's...

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Coal Residue Vaults Found In Upper Peninsula

November 18, 2014 4:07 am | by The Associated Press | Comments

Two underground concrete vaults used to store tar residue and other impurities from a manufactured gas plant more than 100 years ago have been unearthed in Marquette. The Mining Journal reports ( http://bit.ly/1B9IEWy ) that the vaults were found near the Shiras Steam Plant and are being cleaned...

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CA Accuses BP Of Inflating Natural Gas Prices

November 17, 2014 4:55 pm | by Ellen Knickmeyer, The Associated Press | Comments

BP and its traders routinely manipulated prices to overcharge California as much as $300 million when it sold natural gas to the state, California and a fired BP employee allege in a lawsuit against the British energy company. The BP employee, who had helped administer...

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Honda Will Quietly Replace Air Bags Nationwide

November 17, 2014 4:42 pm | by Tom Krisher, AP Auto Writer | Comments

Honda is quietly offering to replace potentially defective air bag parts across the U.S., even though its latest recall only covers cars in 13 high-humidity states and territories. The replacement program for owners concerned about their safety was revealed in documents posted recently by...

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NYC Adds $140M For Transforming Brooklyn Navy Yard

November 17, 2014 4:37 pm | by Jennifer Peltz, The Associated Press | Comments

The Brooklyn Navy Yard is getting a $140 million infusion of city money to upgrade a massive building from storage space to a workplace for 3,000 employees at companies ranging from a medical diagnostic laboratory to a motorcycle design startup, Mayor Bill de Blasio announced...

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Fire Destroys One Of Spain's Largest Meat Plants

November 17, 2014 4:17 pm | by Harold Heckle, The Associated Press | Comments

An official says a fire has destroyed one of Spain's largest meat producing plants and created a plume of black smoke that forced the closure of a highway in the northern city of Burgos. A city government spokesman says the blaze began early Sunday at the Campofrio plant, where 1,000...

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VT Fights Industry's Bid To Block GMO Law

November 17, 2014 3:09 pm | by The Associated Press | Comments

The state of Vermont is asking a federal judge to throw out a food industry lawsuit that seeks to block Vermont's new GMO labeling law from taking effect. Attorney General Bill Sorrell said on Monday that his office on Friday had filed legal papers at the U.S. District Court in Burlington...

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McDonald's Refuses To Buy USDA-Approved GMO Potato

November 17, 2014 2:19 pm | by The Associated Press | Comments

The U.S. Department of Agriculture has approved Idaho-based J.R. Simplot Co.'s new genetically modified potato. But one of the company's oldest business partners — McDonald's — hasn't. The fast-food giant says it doesn't use genetically modified potatoes, the Idaho Statesman reported...

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U.S. Pension Insurer Ran Record $62B Deficit In 2014

November 17, 2014 2:09 pm | by Marcy Gordon, AP Business Writer | Comments

The federal agency that insures pensions for about 41 million Americans saw its deficit nearly double in the latest fiscal year. The agency said the worsening finances of some multi-employer pension plans mainly caused the increased deficit. At about $62 billion for the budget year ending Sept....

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Chevrolet Supports Grassland Preservation Program

November 17, 2014 2:01 pm | by John Flesher, AP Environmental Writer | Comments

Chevrolet has become the first corporate participant in a public-private initiative that pays farmers not to convert natural prairie to large-scale crop production, which would release gases that are warming the planet, officials said Monday. The automaker, a division of General Motors, said...

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'Red Warning Lights' Flashing For Global Economy

November 17, 2014 1:56 pm | by Danica Kirka, The Associated Press | Comments

The global economy's problems seem to be multiplying.Hours after the leaders of the world's 20 most developed economies sought to boost confidence by promising to increase global output by $2 trillion over five years, Japan said it had fallen into recession...

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Why Airfare Keeps Rising Despite Lower Oil Prices

November 17, 2014 1:44 pm | by Scott Mayerowitz, AP Airlines Writer | Comments

Planes are full. Passengers clamor for amenities. Investors want a payout. New planes are on order. Those are all reasons the airlines likely won't be passing their recent savings on fuel along to fliers in the form of lower fares. In fact, fares are going higher. And those bag fees that airlines instituted...

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German Labor Chief Says VW Plant Must Halt Work With Anti-Union Group

November 17, 2014 12:44 pm | by Erik Schelzig, The Associated Press | Comments

The head of the German union representing automotive workers is speaking out against Volkswagen working with anti-labor groups at its plant in Tennessee. IG Metall President Detlef Wetzel said in a statement Friday from Frankfurt, Germany, that called on Volkswagen to...

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GE's $500M Brazil Research Center Focuses On Subsea Oil, Gas Exploration

November 17, 2014 12:31 pm | by GE Reports | Comments

GE opened its Brazil Technology Center in Rio de Janeiro today. The $500 million research hub will focus on developing advanced technologies for offshore oil and gas exploration and production. The center, GE’s first in Latin America, will employ 400 researchers by the end of the...

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GM Extends Claims Deadline

November 17, 2014 12:18 pm | by The Associated Press | Comments

The lawyer hired by General Motors to compensate victims of crashes caused by faulty ignition switches is giving people another month to file claims. Kenneth Feinberg announced Sunday night that the deadline has been extended until Jan. 31, 2015. The company came under fire last week because...

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Cause Of Deadly Leak At TX Plant Still Unknown

November 17, 2014 10:58 am | by The Associated Press | Comments

DuPont officials said Sunday it's still not clear what caused a toxic chemical to leak from a valve at a suburban Houston plant, killing four workers and injuring a fifth. Company spokesman Aaron Woods said DuPont is investigating the cause of the leak of methyl mercaptan at a plant in...

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U.S. Factory Production Rises 0.2%, Slowdown In Auto Limits Growth

November 17, 2014 9:32 am | by Josh Boak, AP Economics Writer | Comments

U.S. manufacturing output grew modestly in October, as autoworkers churned out fewer cars and trucks. The Federal Reserve says output at manufacturing plants rose 0.2 per cent in October. Gains came from the rising demand for machinery, plastics, clothing and...

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NY Manufacturing Grows At Faster Pace

November 17, 2014 9:07 am | by Christopher S. Rugaber, AP Economics Writer | Comments

Manufacturers in New York grew at a faster pace in November and their expectations for future growth rose to the highest level in nearly three years. The Federal Reserve Bank of New York says its Empire State Manufacturing index rose to 10.2 in November from 6.2 the previous month. It reached a...

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