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Daily news and top headlines for manufacturing professionals

Detroit Bankruptcy Trial May Be Suspended Again

September 15, 2014 11:03 am | by Ed White, Associated Press | News | Comments

The city of Detroit says it has ironed out details of a settlement with a major opponent in its bankruptcy case.The disclosure was made as a judge resumed the trial Monday after a three-day break. The timeout allowed Detroit and bond insurer Syncora to finish...

U.S. Factory Output Drops 0.4% In August

September 15, 2014 9:39 am | by Martin Crutsinger, AP Economics Writer | News | Comments

U.S. manufacturing output declined in August for the first time in seven months, reflecting a sharp fall in production at auto plants. The Federal Reserve says output at manufacturing plants fell 0.4 percent in August after a 0.7 percent...

Scotland’s Fight For Independence And The Manufacturing Sector

September 12, 2014 10:49 am | by Bridget Bergin, Associate Editor | News | Comments

On Thursday, September 18th, every registered voter in Scotland over the age of sixteen will be asked to answer a massively important question: “Should Scotland be an independent country?” If Scotland’s people vote “yes,” the entire structure of the UK will never look the same again, and Scotland will transform from...

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U.S. Retail Sale Increase Led By Auto Spending

September 12, 2014 10:01 am | by Josh Boak, The Associated Press | News | Comments

Auto buying drove U.S. retail sales higher in August, a possible sign that job growth in recent months has led to accelerated consumer spending. The Commerce Department said Friday that seasonally adjusted retail sales rose 0.6 per cent compared with the prior month. Sales are up...

Nevada Governor Enacts Tesla Tax Break Package

September 12, 2014 3:46 am | by Scott Sonner - Associated Press | News | Comments

Calling it one of the most important pieces of legislation in Nevada history, Gov. Brian Sandoval signed into law Thursday night an unprecedented package of incentives to seal a deal to bring Tesla Motors' $5 million battery factory to the Silver State. The "gigafactory" is expected to bring more...

North Texas Drilling Adds $11.8B To Economy

September 11, 2014 11:31 am | by Emily Schmall, Associated Press | News | Comments

Production from the natural gas-rich Barnett Shale in North Texas has risen even as drilling activity and natural gas prices have fallen, according to a study commissioned by the Fort Worth Chamber of Commerce released Wednesday. The Waco, Texas-based Perryman Group analysis shows...

China's Auto Sales Slow In August

September 11, 2014 8:54 am | by Joe Mcdonald - AP Business Writer | News | Comments

China's auto sales growth decelerated further in August to 8.5 percent while sales of SUVs surged by nearly a third. Drivers in the world's biggest auto market by vehicle sales bought 1.5 million passenger cars in August, the China Association of Automobile Manufacturers said Thursday. Total...

U.S. Industry Pay Hikes Since The Recession

September 10, 2014 2:56 pm | by The Associated Press | News | Comments

Despite steady job growth and a drop in the unemployment rate from 10 percent during 2009 to 6.1 percent in August, most Americans have received little increase in pay. Average wages, before inflation, have risen only about 2 percent a year since the downturn ended five years ago. That's far below...

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GE Transportation Hiring 50 Machinists In PA

September 9, 2014 4:31 pm | by The Associated Press | News | Comments

GE Transportation is seeking 50 skilled machinists to support an increase in production volume at its diesel engine plant in Grove City, Pennsylvania.In March 2014, GE Transportation announced a deal worth $700 million to supply 233 Evolution Series locomotives to...

Maine Mill Valuation Drops $100M, Raises Taxes

September 9, 2014 4:12 pm | by The Associated Press | News | Comments

A Maine paper mill's value is dropping by more than $100 million, jacking up local residents' tax rates.Skowhegan officials lowered Sappi Fine Paper North America mill from $567 million to $463 million. The lower value will impact...  

Manufacturing Technology Orders Down In July

September 9, 2014 3:30 pm | by The Association for Manufacturing Technology | News | Comments

July U.S. manufacturing technology orders totaled $354.63 million according to The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was down 11.5 percent from June and down 1.4 percent when compared with the total of...

“Make It In Washington” Initiative Introduced To Strengthen Manufacturing Sector

September 8, 2014 5:40 pm | by The Associated Press | News | Comments

Small and midsized manufacturers in qualified Washington counties will have access to a new blend of support to strengthen their businesses—ranging from strategic business consulting services and operational technical assistance to funded training opportunities for employees. The services are being offered through the "Make it in Washington" partnership, a public and private collaboration...

ISM: Numbers Up On Strong Demand

September 8, 2014 9:29 am | by Jon Minnick, Associate Editor, Manufacturing Business Technology | News | Comments

Economic activity in the manufacturing sector expanded in August for the 15th consecutive month, and the overall economy grew for the 63rd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. Manufacturing expanded in August as the PMI registered...

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China's Exports Rise To 9.4%, Imports Shrink

September 7, 2014 11:31 pm | by The Associated Press | News | Comments

 China's export growth eased in August while imports shrank for the second month in a row. Customs data released Monday showed that exports rose 9.4 percent to $208 billion last month, down from a 14.5 percent expansion in July. Imports contracted...

Southeast Nebraska Plant To Lay Off 33 Workers

September 6, 2014 6:30 pm | by The Associated Press | News | Comments

A southeast Nebraska agriculture manufacturing plant will close part of its operations and eliminate more than half its workforce by November. The Lincoln Journal Star reports that the Agrium plant in Fairbury will eliminate...   

NV Assembly Speaker Kirkpatrick To Scrutinize Tesla Deal

September 5, 2014 5:03 pm | by Martin Griffith and Michelle Rindels, Associated Press | News | Comments

Nevada Assembly Speaker Marilyn Kirkpatrick says it's too early to say whether a huge package of tax breaks and incentives needed to land Tesla Motors Inc.'s lithium battery factory will have smooth sailing at a special legislative session next week. The Las Vegas Democrat said Friday she and her colleagues need to scrutinize...

A. C. Simmonds and Sons To Acquire Environmental Waste International

September 5, 2014 1:35 pm | by The Associated Press | News | Comments

A.C. Simmonds and Sons Inc. (ACS) and Environmental Waste International Inc. (EWS) announced today that a non-binding letter of intent has been entered into regarding the proposed acquisition of all of the issued and outstanding common shares of EWS by ACS in exchange for...

Southeast Manufacturing Activity Rallies For August

September 5, 2014 11:54 am | by Paula Stanton, Kennesaw State University | News | Comments

Southeast manufacturing activity saw a rebound in August, reversing an 8.5-point slide in June and July, according to the Southeast’s Purchasing Managers Index (PMI) report released today by Kennesaw State University’s Econometric Center in the Michael J. Coles College of Business. The Southeast PMI for August increased...

U.S. Employers Add 142K Jobs, Employment Flat In Manufacturing

September 5, 2014 9:43 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. employers added just 142,000 jobs in August, snapping a six-month streak of hiring above 200,000 and posting the smallest gain in eight months. The unemployment rate fell to 6.1 percent from 6.2 percent, the Labor Department said Friday. The rate dropped because...

Noranda Aluminum Lay Off 200 Employees And Suspend Expansion

September 4, 2014 5:11 pm | by The Associated Press | News | Comments

Noranda Aluminum Inc. announced Tuesday that it is laying off up to 200 employees and suspending an expansion project at its southeast Missouri smelter because state regulators refused to lower its electricity rates. The cutbacks come less than two weeks after the Missouri Public Service Commission denied its request for...

U.S. Economy Rises to No. 3 Global Ranking

September 4, 2014 12:55 pm | by John Heilprin, Associated Press | News | Comments

The United States' competitiveness among global economies has risen to the No. 3 spot behind Switzerland and Singapore in rankings published annually by the World Economic Forum.In its survey released Wednesday, the Forum said...    

Tesla Chooses Plant Location, Gets Closer To Electric Car For Masses

September 4, 2014 4:31 am | by Justin Pritchard - Associated Press | News | Comments

To bring electric cars to the masses, Tesla Motors will use an expanse of desert where wild mustangs still roam for a factory that the company projects will crank out enough batteries to power 500,000 vehicles annually by decade's end. Tesla chose ...

Aircraft Orders Set To Create New Jobs

September 3, 2014 2:11 pm | by The Gloucestershire Echo | News | Comments

Jobs could be created as figures reveal there has been a surge in demand for new aircraft and engines. New data from aerospace trade organization ADS Group highlights there was a surge last month, which has resulted in the largest ever month-on-month increase in the order book. The boost, which brings the total backlog to 12,000 aircraft and 21,000 engines, is estimated to be worth...

LDR Industries Owners Decide To Sell Company Through Chapter 11 Bankruptcy

September 3, 2014 2:02 pm | by The Associated Press | News | Comments

The owners of LDR Industries, a leading manufacturer, importer, and distributor of plumbing products, have decided to sell the company through a Chapter 11 bankruptcy which was filed yesterday. "LDR is a strong viable business," says Bill Underwood, LDR President & CEO.  "It is currently involved in a dispute with U.S. Customs, and this is the best way to resolve...

U.S. Factory Orders Up Record 10.5 Percent In July

September 3, 2014 10:33 am | by Martin Crutsinger - AP Economics Writer - Associated Press | News | Comments

Business orders for U.S. factory goods shot up by a record amount in July, reflecting a surge in demand in the volatile category of commercial aircraft. But outside of transportation, orders actually fell slightly during the month although the setback was ...

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