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Daily news and top headlines for manufacturing professionals

Marlboro Maker Altria Taking E-Cigs Nationally

February 19, 2014 9:46 am | by Michael Felberbaum, AP Tobacco Writer | News | Comments

Marlboro maker Altria Group Inc. is planning to expand its MarkTen electronic cigarette brand nationally in the second quarter. The owner of the nation's biggest cigarette maker, Philip Morris USA, announced the expansion plans on Wednesday.  

Toray To Invest $1 Billion, Hire 500 In S.C.

February 18, 2014 1:52 pm | by S.C. Department of Commerce | News | Comments

Toray Industries, Inc., a Tokyo-based manufacturer of fibers and textiles, plastic resins, films and carbon fiber compositematerials, has selected Spartanburg County, S.C. for its next global facility. The $1 billion investment over the next decade is expected to create 500 new jobs and represents one of the largest initial capital investments in South Carolina's history.

After UAW Defeat, Can GOP Fulfill Promise Of Jobs?

February 18, 2014 7:56 am | by Erik Schelzig and Tom Krisher, Associated Press | News | Comments

On the first of three days of voting at the Chattanooga plant, U.S. Sen. Bob Corker, citing unnamed Volkswagen officials, all but guaranteed that the German automaker would announce within two weeks of a union rejection that it would build a new midsized sport utility vehicle at its only U.S. factory instead of sending the work to Mexico.

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Tesla Protests Bills That Would Limit Expansion

February 18, 2014 7:42 am | by Lisa Baumann, Associated Press | News | Comments

Language in Washington state bill says the Department of Licensing would no longer be able to issue additional facility licenses to Tesla because of its status as a vehicle manufacturer and not as a dealer. The company sells cars directly from the manufacturer to the consumer.

Maine Trailer Manufacturer Expanding To S.D.

February 14, 2014 10:42 am | by The Associated Press | News | Comments

A Maine-based manufacturer of aluminum trailers plans to open a plant in South Dakota's largest city. The Governor's Office of Economic Development says the Alcom LLC plant in Sioux Falls will create 20 jobs initially and up to 180 positions in the next three years.

Study: Manufacturers Will Benefit From Low-Cost U.S. Natural Gas

February 13, 2014 10:59 am | by The Boston Consulting Group (BCG) | News | Comments

Low U.S. electricity prices in natural-gas-fired plants, for example, are already encouraging investment in energy-intensive industries such as steel and glass. Not yet visible are the advantages that makers of intermediate products, such as plastic-resin pellets, and makers of finished goods, such as plastic toys and plastic auto parts, will reap from cheaper inputs.

S.C. Exporters Post Record $26.1B Sold To 202 Countries

February 11, 2014 3:02 pm | by S.C. Department of Commerce | News | Comments

The 2013 figures, released today by the U.S. Department of Commerce's International Trade Administration, represent a nearly four percent increase in South Carolina's export value, which was $25.1 billion in 2012 and previously an all-time record for the state.

Lubrication Technologies Inc. To Expand To La.

February 11, 2014 12:07 pm | by The Associated Press | News | Comments

A $16 million upgrade of a manufacturing facility in Shreveport means new jobs in north Louisiana. Gov. Bobby Jindal and Lubrication Technologies Inc. CEO Chris Bame announced the project Monday. They say the project will create 75 new jobs with an average annual salary of more than $41,400 per year.

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Cargill To Expand Seed And Oil Research

February 10, 2014 8:35 am | by Pat Ferrier, The Coloradoan | News | Comments

With an eight-year turnaround from research to yield, Cargill's expansion in Fort Collins will reach into the next generation of oils to meet consumer needs including Omega 3 for brain and eye development, said Lorin DeBonte of Cargill Specialty Seeds & Oils.

U.S. Engine Valve To Expand In S.C., Hire 125

February 6, 2014 11:08 am | by Joel Hans, Managing Editor, Manufacturing.net | News | Comments

U.S. Engine Valve, a manufacturer of high-engineered valves, has announced today its plan to expand operations at its existing facility in Westminster, S.C. The company will invest $29.5 million and add at least 125 new jobs with the initiative.

MAPI: January Factory Slowdown 'Worrisome'

February 4, 2014 9:38 am | News | Comments

“While U.S. manufacturing continued its growth into the new year, survey data from the Institute for Supply Management (ISM) showed that the pace of factory activity slowed considerably. The overall Index fell by 5.2 percentage points from 56.5 in December to 51.3 in January, still signaling overall output advances but at a far more muted pace."

SE Mich. PMI: January Rebound After Year-End Low

January 31, 2014 10:56 am | by The Institute for Supply Management - Southeast Michigan | News | Comments

The Southeast Michigan Purchasing Managers Index (PMI) for January is 52.3, up from 50.6 in December, as both the Production and New Order indexes rebounded after a seasonal, year-end low. A PMI value above 50 generally suggests economic growth.

Aviation Technical Services To Create 500 Mo. Jobs

January 30, 2014 4:40 pm | News | Comments

Aviation Technical Services, headquartered in the state of Washington, is expanding its operations and locating a facility at Kansas City International Airport, where they plan to create more than 500 new jobs over the next three to five years.

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Honda Becomes Net Exporter In The U.S.

January 28, 2014 12:51 pm | by Joel Hans, Managing Editor, Manufacturing.net | News | Comments

Throughout 2013, the company exported 108,705 U.S.-made Honda and Acura vehicles while importing 88,537. In addition, the company achieved record production levels of 1,309,917 units on American soil — a 7.4 percent increase over the previous record in 2012.

Manufacturers Are Leaving China, But Where Are They Headed?

January 28, 2014 10:59 am | by Tia Nowack, Associate Editor, Industrial Maintenance & Plant Operation | Blogs | Comments

Seeing China’s manufacturing sector shrink is a trend that excites Americans, although it may not actually alleviate much of the pressure around a U.S. unemployment rate of 7.3 percent. The reality, according to many experts, is that the phenomenon is more one of nearshoring than reshoring, as many of these businesses — along with their jobs — head to Mexico.

Plastics Machinery Shipments Rise Sharply In Q3

January 27, 2014 1:57 pm | by SPI: The Plastics Industry Trade Association | News | Comments

Taking a closer look at the data, shipments of injection molding machinery were up 20 percent in the third quarter when compared with the same quarter of a year ago. Shipments of single-screw extruders advanced 9 percent, and shipments of twins-screw escalated 12 percent. Shipments of new thermoforming equipment spiked up 50 percent in Q3 when compared with last year

CAT CEO, NAM Want Obama To Make U.S. 'Can-Do' Nation

January 27, 2014 11:45 am | by Joel Hans, Managing Editor, Manufacturing.net | News | Comments

Yesterday, Doug Oberhelman, chairman and CEO of Caterpillar Inc., and Jay Timmons is president and CEO of the National Association of Manufacturers, penned an open letter to President Barack Obama calling for more leadership on creating an environment in which manufacturers can grow once more to create jobs and generate a stronger economy.

Sen. Roberts Introduces R&D Tax Credit Bill

January 27, 2014 10:05 am | by Joel Hans, Managing Editor, Manufacturing.net | News | Comments

On January 14, Sen. Pat Roberts (R-KS) introduced Senate bill 1920, the Innovators Job Creation Act, which intends to ament the Internal Revenue Code of 1986 to extend and modify the R&D tax credit, with the aim of eking out more innovation.

ELFA: New Business Volume Up During 2013

January 27, 2014 9:28 am | by The Equipment Leasing and Finance Association (ELFA) | News | Comments

In a typical end-of-year spike, their new business volume was up 62 percent from the previous month’s volume of $6.6 billion. Cumulative new business volume for 2013 rose 3 percent over 2012.                  

Yokogawa Expands U.S. Production In Georgia

January 24, 2014 10:40 am | by Joel Hans, Managing Editor, Manufacturing.net | News | Comments

Yokogawa Corporation of America, a manufacturer of equipment measurement, control and automation, has announced the opening on its new facility in Newnan, Ga., which was built in response to increased demand for its products and service offerings.

Colgate-Palmolive Building New Tenn. Plant

January 24, 2014 9:11 am | by The Associated Press | News | Comments

In a news release, Tennessee Economic and Community Development Commissioner Bill Hagerty says the company will invest $25 million in manufacturing equipment and building and infrastructure improvements in Morristown.         

Bicycle Plant Means 175 Jobs For South Carolina

January 23, 2014 3:34 pm | by The Associated Press | News | Comments

Bicycle manufacturer Kent International is building a new plant in South Carolina's Clarendon County. The company said it will invest nearly $4.5 million in a facility that is expected to create 175 jobs.           

Equipment Lease Finance Industry Confidence Higher In January

January 23, 2014 9:41 am | by The Equipment Leasing & Finance Foundation | News | Comments

Overall, confidence in the equipment finance market is 64.9, the highest confidence level in two years, and an increase from the December index of 55.8. An improved general outlook for economic activity among industry leadership contributed to the increase.

Gulfstream Adding 100 Jobs In Coastal Georgia

January 21, 2014 4:21 pm | by The Associated Press | News | Comments

Gulfstream executives said the company will build a $25 million maintenance, repair and overhaul facility with 110,000 square feet of space. Headquartered in Savannah, Gulfstream already employs about 200 workers in Brunswick at its service center and a completions facility that installs furniture, entertainment systems and other finishing touches to its aircraft.

Sandvik, Inc. Announces $12 Million S.C. Expansion

January 21, 2014 2:21 pm | by S.C. Department of Commerce | News | Comments

Sandvik, Inc., manufacturer of carbide inserts for the metal cutting industry and subsidiary of the Swedish company Sandvik, AB, is expanding its operations in Oconee County. The $12 million investment is expected to increase the company's production at its Westminster facility.

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