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Senator Moran: Obama Can Ease Regulations On Wheat Exports To Cuba

December 22, 2014 11:22 am | by Roxana Hegeman, The Associated Press | News | Comments

President Barack Obama's announcement this week to normalize diplomatic relations with Cuba and ease some economic restrictions has been closely followed in Kansas, as the move could open up a major market for winter wheat producers. "This is a Kansas issue because wheat is Cuba's second...

Cuban Cigar Boom? Not Yet

December 22, 2014 10:01 am | by Rachel La Corte, Kelli Kennedy, T he Associated Press | News | Comments

The coveted Cuban cigar is set to make its first legal appearance in the U.S. in years, with...

U.S. Agriculture Has Big Appetite For Cuba Trade

December 19, 2014 10:04 am | by Steve Karnowski, The Associated Press | News | Comments

U.S. agriculture has a big appetite for freer trade with Cuba. From wheat to rice to beans, the...

Manufacturing Growth Slows In Philadelphia Region

December 18, 2014 1:47 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Manufacturing in the Philadelphia region grew at a much slower pace in December compared with...

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Amazon Launches One Hour Shipping In Manhattan

December 18, 2014 12:19 pm | by The Associated Press | News | Comments

Amazon says it is offering one-hour delivery of thousands of basic products to its Prime customers in Manhattan. The online retail giant rolled out the service, known as Prime Now, to select areas of Manhattan on Thursday. It provides delivery of household products like paper towels, shampoo, books, toys...

Sony Cyberattack May Be Costliest Ever

December 18, 2014 11:40 am | by Bernard Condon, Eric Tucker, Mae Anderson, The Associated Press | News | Comments

The unprecedented hack of Sony Pictures which a U.S. official says is linked to North Korea may be the most damaging cyberattack ever inflicted on an American business. The fallout from the hack that exposed a trove of sensitive documents, and this week escalated to threats of terrorism, forced Sony to...

OR Certifies Recount Results: GMO Labels Lost

December 17, 2014 10:08 am | by Jonathan J. Cooper, The Associated Press | News | Comments

Secretary of State Kate Brown has certified recount results showing the defeat of a ballot measure to require labels on genetically modified foods, officially making Oregon the fourth state in the West to reject the idea. Brown certified the final numbers Monday showing Measure 92 was defeated by 837 votes out of...

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U.S., European Industries Urge Stronger Trade, Investment Ties With India

December 16, 2014 2:37 pm | by Jamie Hennigan, National Association of Manufacturers | News | Comments

Washington, D.C., December 16, 2014 – On behalf of businesses across Europe and in all 50 U.S. states, the heads of the National Association of Manufacturers (NAM) and more than a dozen other organizations today sent a joint letter to Indian Commerce and Industry Minister Nirmala Sitharaman urging action on...

Chrysler Group LLC Changes Its Name

December 16, 2014 1:33 pm | by The Associated Press | News | Comments

Chrysler Group LLC has changed its name to FCA US LLC, effective immediately. The automaker said Tuesday that the name change follows the naming convention of its parent company, Fiat Chrysler Automobiles N.V., which adopted its name in October when it listed on the New York Stock...

Families Of Shooting Victims Sue Gun Manufacturer, Seller

December 15, 2014 9:32 am | by The Associated Press | News | Comments

A law firm representing the families of nine of the 26 people killed and a teacher injured at the Sandy Hook Elementary School says it has filed a lawsuit against the manufacturer, distributor, and seller of the rifle used in the shooting. The negligence and wrongful death lawsuit asserts that the...

AAM: Growing Trade Deficit With China Costs U.S. Jobs

December 12, 2014 2:43 pm | by Alliance for American Manufacturing | News | Comments

America’s surging trade deficit with China has cost more than 3.2 million U.S. jobs – the overwhelming majority of them in manufacturing – according to a study released today by the Economic Policy Institute (EPI). “I am outraged that 3.2 million U.S. jobs have been lost due to the growing trade deficit with...

A Global Path Forward For Small, Medium-sized U.S. Manufacturers

December 12, 2014 1:41 pm | by Dr. Eugene Laney, Head of International Trade Affairs | Articles | Comments

The most recent push to boost U.S. exports has been underway since 2010, when the International Trade Administration’s National Export Initiative (NEI) was unveiled.Since its launch, the NEI has helped thousands of businesses enter the international trade arena, and the U.S. has seen a steady growth in total...

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Manufacturing's Winner & Loser Of The Week

December 12, 2014 12:51 pm | by Maura Falk, Associate Editor, Industrial Maintenance & Plant Operations | Blogs | Comments

This week the manufacturing sector has seen huge investments, but unfortunately that isn’t all. It has also been the backdrop of a Supreme Court decision that disregarded warehouse workers rights and sided in favor of a large corporation. So without further ado, these are IMPO’s selection for the... 

Ferrari Looks To Burnish Brand Value

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

USDA Sees Higher Corn, Soybean Demand In Report

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

Obama Promotes Trade, Tax Fix, Innovation

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

Oil Takes Another Dive On OPEC Report, U.S. Supplies

December 10, 2014 2:33 pm | by The Associated Press | News | Comments

The price of oil took another dive Wednesday to new five-year lows after OPEC projected the world will need less of its oil next year. A U.S. government report showing an increase in oil supplies also pressured prices. Benchmark U.S. crude was down $3.01, or 5 percent, in midday...

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Supreme Court: No Pay For Time Spent At Amazon Warehouse Security Checks

December 9, 2014 11:58 am | by Sam Hananel, The Associated Press | News | Comments

The Supreme Court ruled Tuesday that warehouse workers who fill orders for retail giant Amazon don't have to be paid for time spent waiting to pass through security checks at the end of their shifts. The unanimous decision is a victory for the growing number of retailers and other companies that...

EU Calls For Japan To Eliminate Trade Barriers

December 8, 2014 1:40 pm | by The Associated Press | News | Comments

The European Union is calling on Japan to make further efforts to eliminate trade barriers in the auto and food safety sectors as they began a fresh round of bilateral free trade negotiations Monday in Tokyo. In an additional list of so-called nontariff barriers recently submitted by the...

Fuel Exports Soar Under Obama Administration

December 8, 2014 9:53 am | by Dina Cappiello, The Associated Press | News | Comments

Solar panels glisten from every thatched hut on this crowded island, one of the largest in this remote chain off the Panamanian coast. But the tiny emblems of green energy offer no hope against climate change. They have helped the island's Guna people reduce what was...

U.S. Trade Deficit Drops To $43.4B

December 5, 2014 1:46 pm | by Martin Crutsinger, The Associated Press | News | Comments

The U.S. trade deficit fell slightly in October as exports rebounded while oil imports dipped to the lowest level in five years. The deficit edged down 0.4 percent to $43.4 billion, a drop from a revised $43.6 billion in September, the Commerce Department...

Gas Prices Below $2 Per Gallon In TX, OK

December 5, 2014 1:30 pm | by Ken Miller, The Associated Press | News | Comments

Gas has dropped below $2 a gallon at a handful of stations in Oklahoma and Texas this week, a level that a price-watching group says is the lowest in the nation and a bargain that's proven irresistible to some long lines of drivers coming from miles to fill up...

USDA Awards OTA With $785K to Promote Organic Products

December 4, 2014 6:22 pm | by Organic Trade Association | News | Comments

If Taka Yamaguchi has his way, athletes competing in the 2020 Summer Olympics in Tokyo will be eating organic — an ambitious plan that more than 100 of Japan's top grocery retailers, food importers and distributors learned about at a recent Organic Trade Association (OTA) sponsored seminar in...

Amazon Launches Line Of Own Diapers, Baby Wipes

December 4, 2014 4:34 pm | by Mae Anderson, AP Technology Writer | News | Comments

Amazon is launching its own line of diapers and baby wipes exclusively for its Prime members to get more shoppers to sign up for the $99 annual program. The new line, Amazon Elements, will mean tougher competition for traditional consumer product companies, said...

The Challenges And Rewards Of Onshoring

December 4, 2014 9:52 am | by Noreen King | News | Comments

As a contract manufacturer, I have dedicated my career to building and sustaining a company in an industry that, until recently, had structured its business model around sending the majority of its contracting business overseas. I say until recently, because put a...

Expansion Insight: Q&A With Andrew Berlin

December 4, 2014 9:43 am | by Bridget Bergin, Associate Editor | Articles | Comments

Chicago-based Berlin Packaging, a leading supplier of plastic, glass, and metal containers and closures, recently announced a major expansion of its operations, which includes the addition of 100 new employees in 25 cities in 2015. I recently had the chance to discuss the expansion with...

ISM: Manufacturing Slows Slightly, Remains Strong

December 2, 2014 1:40 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Articles | Comments

Economic activity in the manufacturing sector expanded in November for the 18th consecutive month, and the overall economy grew for the 66th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. Manufacturing expanded in...

Pack Expo Top 10

December 2, 2014 11:27 am | by Eric Sorensen, Coordinator of Multimedia Development | Videos | Comments

Check out the top ten trends spotted at this year's Pack Expo.  We look at the expressive robot Baxter, fog computing, Modified Atmosphere Packaging, Parker Automation's SCOUT, Honeywell's wearable Dolphin, Dorner's SmartPace Conveyor, food safety reforms, the...

Russia Warns Of Recession Next Year

December 2, 2014 11:14 am | by Nataliya Vasilyeva, The Associated Press | News | Comments

The Russian government has for the first time acknowledged that the country will fall into recession next year, battered by the combination of Western sanctions and a plunge in the price of its oil exports. The news caused markets to drop, with the ruble sliding back toward a...

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