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Exxon Defies Low Oil Price With Refining Strength

October 31, 2014 | by Jonathan Fahey, AP Energy Writer | Comments

ExxonMobil Corp.'s refining and chemical operations rescued the company's third quarter results amid falling global oil prices and lower oil and gas production. Exxon, the biggest U.S. oil company, posted a surprise increase in profit thanks to a 38 percent...

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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

GreenTech Automotive Establishes Electric-Vehicle Production Plant In MS

October 31, 2014 5:09 pm | by The Association for Manufacturing Technology | Comments

GreenTech Automotive (GTA) reported the grand opening of its new production facility in Tunica, Miss. "We started GreenTech Automotive with the vision to make energy-efficient cars that are so inexpensive the average American could afford to buy them," said Charles Wang, chairman and CEO of GTA. "In the past five years we have...

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Exxon, Chevron Shrug Off Effect Of Low Oil Prices

October 31, 2014 4:46 pm | by Jonathan Fahey, AP Energy Writer | Comments

Falling oil prices hardly seem to be bothering the two biggest U.S. oil companies, but things could get tougher in the coming months. Exxon and Chevron leaned on strong performances from their refining operations to increase profits in the third quarter despite plummeting global oil...

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U.S. Oil Rig Count Up To 1,929

October 31, 2014 2:29 pm | by The Associated Press | Comments

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by two this week to 1,929. The Houston firm said Friday in its weekly report that 1,582 rigs were exploring for oil and 346 for gas. One was listed as miscellaneous. A year ago there...

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Virgin Galactic Spaceship Has In-Flight Problem

October 31, 2014 2:25 pm | by The Associated Press | Comments

Virgin Galactic has reported an unspecified problem during a test flight of its SpaceShipTwo space tourism rocket. The company tweeted Friday morning that SpaceShipTwo was flying under rocket power and then tweeted that it had "experienced an in-flight anomaly." The tweet said more information would be...

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AAM 'Fixes' Walmart's Made-In-America Claims

October 31, 2014 2:05 pm | by Alliance for American Manufacturing | Comments

Context isn't kind to the retailer's "American-made" PR promises. The web filter at the Alliance for American Manufacturing (AAM) caught a big ol' piece of chaff this week, in the form of a release from Walmart. America's largest retailer has announced plans to purchase $250 billion worth of...

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U.S. Economy Grew 3.5% Rate In 3Q

October 31, 2014 1:36 pm | by Martin Crutsinger, The Associated Press | Comments

The U.S. economy grew at a solid annual rate of 3.5 percent in the July-September quarter, propelled by solid gains in business investment, export sales, and the biggest jump in military spending in five years. The third quarter result, which was slightly better than economists expected, followed a 4.6 percent rebound in the second...

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Nissan Recalls Infiniti SUVs For Air Bag Problem

October 31, 2014 11:10 am | by The Associated Press | Comments

Nissan says it's recalling more than 1,800 Infiniti SUVs in the U.S. for an air bag problem that could send shrapnel into the passenger compartment. The recall covers the QX56 SUVs from 2013 and the QX80s from 2014. The company says inflators made by Takata Corp. were built with an incorrect outer...

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Distillers Gear Up For TN Whiskey War

October 31, 2014 11:02 am | by Erik Schelzig, The Associated Press | Comments

The passage of several months since a heated legislative debate over the legal definition of Tennessee whiskey has done little to mellow the dispute between two global liquor giants and the growing number of craft distillers caught between them. Jack Daniel's master distiller Jeff Arnett on Thursday urged...

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Novartis Announces Layoffs At NE Plant

October 31, 2014 10:58 am | by The Associated Press | Comments

Novartis has announced more layoffs at its manufacturing plant in Lincoln. Company spokeswoman Julie Masow tells the Lincoln Journal Star that 75 jobs were eliminated Thursday. That includes 31 positions that were open. The cuts represent the third phase of restructuring at the plant that Novartis...

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Kimberly-Clark Lawsuit: Surgical Gowns Don't Protect Against Ebola

October 31, 2014 10:35 am | by Robert Jablon, The Associated Press | Comments

A $500 million lawsuit against Kimberly-Clark Corp. alleges the company falsely claimed its surgical gowns protected against Ebola and other infectious diseases. The suit, filed Wednesday in federal court, alleges that the multinational company knew for at least a year that its Microcool Breathable High...

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Metal Manufacturer Wins $1M Business Plan Prize

October 31, 2014 10:00 am | by Carolyn Thompson, The Associated Press | Comments

A fledgling metal manufacturing company that promises to make lighter, stronger, and less expensive parts has won the million-dollar grand prize in a contest aimed at attracting entrepreneurs to Buffalo. Lt. Gov. Robert Duffy announced ASi, LLC as winner...

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Museum Officially Buys Slice Of Rosie The Riveter's Factory

October 31, 2014 9:49 am | by Mike Householder, The Associated Press | Comments

Rosie the Riveter's old plant in Michigan has officially avoided the wrecking ball. Yankee Air Museum board chairman Ray Hunter signed papers Thursday making the aviation museum the owner of a 144,000-square-foot slice of the former Willow Run Bomber Plant, where Rose Will Monroe and other workers built B-24 Liberator bombers during...

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Samsung Vows Changes After Disappointing Mobile Profits

October 31, 2014 9:45 am | by Youkyung Lee, AP Technology Writer | Comments

Samsung Electronics Co. admitted erring in its smartphone strategy and vowed Thursday to overhaul its handset lineup after profit from those devices tumbled last quarter to the lowest in more than three years. The South Korean company, which climbed from smartphone laggard to top seller in the past...

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U.S. September Consumer Spending Weakest Since January

October 31, 2014 9:21 am | by Martin Crutsinger, AP Economics Writer | Comments

U.S. consumer spending fell in September, the first decline in eight months, as shoppers took a breather after a big spending spree in August. Income growth posted the slowest gain this year. Consumer spending dropped 0.2 percent in September, the Commerce Department reported Friday, the weakest...

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2 Missing After Blaze At Fireworks Warehouse

October 31, 2014 9:16 am | by The Associated Press | Comments

British police say two people are missing after a blaze at a fireworks warehouse that sent plumes of black smoke and explosions into the sky. The Staffordshire Police force says officers and fire officials are investigating the cause of the fire at the SP Plastics building in Stafford, central...

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Southwest Airlines Donates Leather LUV Seat Products

October 30, 2014 2:30 pm | by The Associated Press | Comments

Southwest Airlines today announced the distribution of products made in Kenya and the U.S. as part of its global upcycling initiative LUV Seat: Repurpose with Purpose.  The distribution in Kenya completes the second phase of the multi-year environmental program, which will upcycle approximately 80,000 former airline...

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KS Gov Uses EPA Rule To Tie Foe To Obama

October 30, 2014 2:17 pm | by John Hanna, AP Political Writer | Comments

A protest by Kansas regulators against federal efforts to limit carbon emissions is giving Republican Gov. Sam Brownback an opportunity in the final days of his close re-election race to tie his Democratic rival to President Barack Obama. The Kansas Corporation Commission, which...

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Amy's Kitchen To Open In Converted ID Plant

October 30, 2014 2:06 pm | by The Associated Press | Comments

Organic frozen food maker Amy's Kitchen is opening a new plant in southeastern Idaho. The company is buying the former H.J. Heinz Co. plant that closed in June, eliminating 400 jobs. At an announcement of the plan in Pocatello on Wednesday, Amy's Kitchen co-founder Rachel Berliner said the company...

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SunCoke Proposes Plant In Greenup

October 30, 2014 1:28 pm | by The Associated Press | Comments

SunCoke Energy South Shore LLC has filed an application with Kentucky officials to build an electric generating plant in conjunction with a coke plant on about 250 acres along the Ohio River. The Independent reports the proposed plant in northeastern Kentucky would use the coke-making process to generate up to...

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Microsoft Unveils Fitness Gadget

October 30, 2014 1:14 pm | by Anick Jesdanun, AP Technology Writer | Comments

Microsoft is releasing a $199 fitness band that also checks your email and even pay for coffee as the software company seeks to challenge Apple and others in the still-infant market for wearable devices. The Microsoft Band will work with the company's new Microsoft Health system for consolidating health and fitness data...

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