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Daily news and top headlines for manufacturing professionals

Dow Chemical, Saudi Aramco Agree On Joint Venture

July 25, 2011 6:00 am | by Adam Schreck, AP Business Writer | News | Comments

The companies outlined plans Monday to set up a joint venture, Sadara Chemical Co., to begin building a massive $20 billion chemical complex in the desert kingdom.

IAEA Chief Visits Crippled Japan Nuke Plant

July 25, 2011 5:52 am | by Mari Yamaguchi, Associated Press | News | Comments

The head of the International Atomic Energy Agency said Japan's tsunami-hit nuclear plant is steadily making progress to contain damage from the crisis.

Japan's Crippled Nuclear Plant Reaches Stability

July 20, 2011 5:39 am | News | Comments

The crippled reactors at Japan's tsunami-hit nuclear power plant are on track for a cold shutdown within six months, the government and plant operator said.

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NC Solar Cell Plant To Hire 250 In 5 Years

July 19, 2011 8:35 am | News | Comments

Semprius Inc. has plans to build a solar cell manufacturing plant employing more than 250 people after getting a promise of up to $18 million of tax breaks.

NRC Chief Urges Action On Nuclear Safety Review

July 19, 2011 5:45 am | by Matthew Daly, Associated Press | News | Comments

A task force appointed by the NRC said last week that nuclear plant operators should be ordered to re-evaluate their earthquake and flood risk.

Toyota's Hybrids Help With Japan's Power Crunch

July 19, 2011 5:41 am | by Yuri Kageyama, AP Business Writer | News | Comments

Toyota said it will donate emergency power supply systems linked to its Prius hybrid cars to coastal areas ravaged by the March 11 earthquake and tsunami.

Oil Giant ConocoPhillips To Split In Half

July 14, 2011 5:27 am | by Chris Kahn, AP Energy Writer | News | Comments

An analyst says that after the breakup, one half of the nation's third-largest oil company will become the largest independent refiner in the world.

GE's Immelt Visits SC To Focus On Manufacturing

July 13, 2011 5:38 am | News | Comments

The chair of President Barack Obama's jobs and competitiveness council is touring his company's gas turbine plant in Greenville to showcase export efforts.

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Calif. Woman Denies Aiding Pakistan Nuke Project

July 13, 2011 5:22 am | by Douglas Birch, Associated Press | News | Comments

Xu Wang rebutted charges that she was the ringleader of a scheme to illegally export special paint used in the construction of a Pakistani nuclear plant.

ArcelorMittal, Peabody Bid For Macarthur Coal

July 11, 2011 5:50 am | News | Comments

The two companies are coming together in a joint venture that values Macarthur Coal at roughly $5 billion.

Abound Solar: On-Track With $400M Fed Loan

July 8, 2011 6:33 am | News | Comments

The solar panel manufacturer reaffirmed its plans for an Indiana plant with 800 to 1,000 workers are going well.

Japan To Conduct Nuclear Plant 'Stress Tests'

July 6, 2011 10:08 am | by Tomoko A. Hosaka, Associated Press | News | Comments

The government hopes to ease heightened concerns about disaster preparedness after this year's tsunami sparked the worst nuclear crisis since Chernobyl.

ConocoPhillips Defends Response To China Oil Leaks

July 6, 2011 5:11 am | by Joe McDonald, AP Business Writer | News | Comments

The American energy giant said it reacted quickly to its two large spills and would change procedures in China if necessary to prevent future incidents.

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Atlas Copco Portable Air Becomes Portable Energy

July 5, 2011 8:55 am | News | Comments

The Portable Energy division of Atlas Copco will be divided into five “pillars,” each one relating to a product group: Air (on-site compressors), Power (on-site generators), Light (on-site light towers), Water (on-site pumps), and Used Equipment.

Siemens To Build $800M UK Wind Farm

June 27, 2011 5:29 am | News | Comments

German engineering company says it has won a contract to build a large offshore wind farm for British power companies in the Irish Sea.

IEA To Release Oil To Combat High Prices

June 23, 2011 10:20 am | by Chris Kahn, AP Energy Writer | News | Comments

Agency, which includes U.S. and 27 other countries, to release 60 million barrels from emergency stocks in effort to stave off a spike in energy prices.

Siemens Gets China Wind Farm Contract

June 21, 2011 6:06 am | News | Comments

German industrial conglomerate Siemens AG says it has been awarded a contract to develop an offshore wind farm in eastern China.

Carpenter Technology Buys Latrobe For $558M

June 20, 2011 4:48 am | News | Comments

Carpenter believes that the buyout will allow it to meet strong customer demand and also improve its position in segments like energy and aerospace.

Consumer Prices Rise Slightly

June 15, 2011 5:22 am | by Christopher S. Rugaber, AP Economics | News | Comments

Overall consumer prices rose by the smallest amount in six months, slowed by the first drop in energy costs in nearly a year.

Energy Prices Finally Cool Off

June 1, 2011 4:31 am | by Chris Kahn, AP Energy Writer | News | Comments

After surging to the highest levels since 2008, oil dropped 10 percent in May, biggest monthly decline in a year; pump prices slipped nearly 4 percent.

Energy Prices Held Back Growth In First Quarter

May 26, 2011 5:24 am | by Martin Crutsinger, AP Economics Writer | News | Comments

High gasoline prices, government budget cuts and weaker-than-expected consumer spending caused the economy to grow only weakly in the first three months of the year.

GE Power Plant To Complement Renewables

May 25, 2011 9:51 am | News | Comments

GE developed a natural gas-fired plant designed to balance electricity generated by intermittent power sources as it flows into an electricity grid.

Panasonic Sees Light After Darkness Of Disaster

May 20, 2011 6:01 am | by Tomoko A. Hosaka, Associated Press | News | Comments

Panasonic Corp. believes it can turn disaster into opportunity, aiming to become "the No. 1 green innovation company in the electronics industry" by 2018.

Westar Energy CEO To Retire

May 19, 2011 10:59 am | News | Comments

Westar Energy says its chairman and chief executive officer plans to retire later this year, and the board has named another top executive as his successor.

Group Wants Vote On Honeywell Plant Nuke Work

May 16, 2011 10:22 am | News | Comments

Anti-nuclear group wants residents to be able to vote whether a plant for Honeywell should build parts for nuclear bombs or green power initiatives.

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