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Daily news and top headlines for manufacturing professionals

Conservis Corp Revolutionizing Farm Management

September 8, 2014 10:54 am | by The Associated Press | News | Comments

Conservis Corporation, the global leader in cloud-based farm management software solutions, announced an initial close on $10 million in Series A financing led by Cultivian Sandbox Ventures, a Chicago venture fund that focuses on new and emerging technologies in...

Improving Bottom Line Through Workplace Safety

September 5, 2014 2:22 pm | by UL | News | Comments

Chemical manufacturing is a highly hazardous industry where the most common injuries—sprains, strains, and fractures—can result in a staggering $82,382 per claim and can take a worker out of commission for more than 30 days ...    

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...

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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...

Corbett Announces Low-Interest Loans To Support The Continued Growth Of Manufacturing

September 4, 2014 11:13 am | by The Associated Press | News | Comments

Continuing to advance his JOBS1st PA initiative, Governor Tom Corbett today announced that new state investments recently approved by the Pennsylvania Industrial Development Authority (PIDA) will support the continued growth of manufacturers and will also support regional efforts to...

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 ...

Tesla Plant Decision Sparks Criticism

September 3, 2014 9:33 pm | by The Associated Press | News | Comments

Political finger-pointing has started over New Mexico losing out to Nevada as a site for Tesla Motors' a battery factory. Democratic gubernatorial candidate Gary King said Wednesday that the electric car maker didn't select New Mexico because of ...

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...

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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 ...

Ohio Workers Productive But Making Less

September 3, 2014 10:31 am | by The Associated Press | News | Comments

Ohio workers are more productive and better educated these days, yet they aren't necessarily making more money as a result, according to a new report. Ohio productivity grew by nearly ...           

Federal-Mogul Announces Plan To Separate Into 2 Distinct Global Automotive Suppliers

September 3, 2014 9:12 am | by The Associated Press | News | Comments

Federal-Mogul Holdings Corporation has announced its plan to separate its Powertrain and Motorparts divisions into two independent, publicly-traded companies serving the global original equipment and aftermarket industries. The planned separation will be ...

General Dynamics Secures $5.8B Contract

September 3, 2014 8:31 am | by The Associated Press | News | Comments

General Dynamics has landed a $5.76 billion contract to make armored vehicles for Britain. The aerospace and defense company will deliver 589 Scout Specialist Vehicles between 2017 and 2024, and it will also make available affiliated support and training. The contract will ...

Halliburton Reaches $1.1B Oil Spill Settlement

September 2, 2014 5:33 pm | by The Associated Press | News | Comments

Halliburton says it has agreed to pay $1.1 billion to settle a substantial portion of plaintiff claims arising from the 2010 Gulf of Mexico oil spill. The settlement, which is subject to court approval, will be paid into a trust until appeals are resolved over the next two years. Halliburton was...

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Storeroom Management Remains Big Problem For Manufacturers

September 2, 2014 2:14 pm | by Jack Keough, Contributing Editor | Blogs | Comments

One of the most troubling difficulties many manufacturers face is controlling their MRO expenditures and also making sure that they have the right number of products in their storerooms as needed. It’s a ...        

ADM Selling Chocolate Business To Cargill

September 2, 2014 10:33 am | by The Associated Press | News | Comments

 Archer Daniels Midland Co. is selling its global chocolate business to Cargill for $440 million. The agribusiness company said Tuesday that the sale will give it the opportunity to redeploy capital to other areas and improve its returns. Cargill said that ADM's chocolate operations are...

Incentives States Can Offer To Get Tesla Factory

August 31, 2014 1:30 pm | by The Associated Press | News | Comments

Five states are on the short list for a $5 billion factory that Tesla Motors plans to build so it can crank out batteries for a new generation of electric cars. The package of economic incentives that each state offers will help determine ...

Newton Council OKs Financing For $6.5M Project

August 29, 2014 5:30 am | by The Associated Press | News | Comments

The City Council in Newton has approved financing for a company that plans to build a chemical manufacturing plant at the city's airport. The estimate for Wichita-based ABI Group's project is $6.5 million, which would fund ...    

Tesla, Chinese Firm Plan 400 Charging Stations

August 29, 2014 5:30 am | by Joe Mcdonald - AP Business Writer - Associated Press | News | Comments

Tesla Motors Co. and a state-owned Chinese phone carrier announced plans Friday to build 400 charging stations for electric cars in a new bid to promote popular adoption of the technology in China. Plans call for China Unicom Ltd. to provide ...

Automotive Parts Maker Expanding Smyrna Facility

August 29, 2014 4:31 am | by The Associated Press | News | Comments

An automotive parts manufacturer is expanding its distribution facility in Smyrna and is expected to create more than 130 additional jobs in Rutherford County. Gov. Bill Haslam and Community Development Commissioner Bill Hagerty say Federal-Mogul is investing more than $6 million to expand. As...

Airgas Opens New Location In North Dakota

August 28, 2014 4:16 pm | by Business Wire | News | Comments

Airgas, Inc., one of the nation’s leading suppliers of industrial, medical, and specialty gases, and related products, announced that it has recently opened a new location in Dickinson, North Dakota, significantly enhancing its ...   

MAPI Addresses Challenges Ahead for Global Manufacturing

August 28, 2014 4:12 pm | by MAPI Media | News | Comments

MAPI (Manufacturers Alliance for Productivity and Innovation) Foundation economists offer insights and manufacturing forecasts for key global regions - United States, Eurozone, China, India, and Latin America - in this round table discussion ... 

Indiana Ethanol Plant Restarts After 2012 Shutdown

August 28, 2014 3:51 pm | by The Associated Press | News | Comments

An energy company has resumed production at an ethanol plant in Indiana along the Ohio River that was shut down more than two years ago by its previous owner. Valero Renewable Fuels said the plant ...        

Ford Hires Employees, Invests $129M In Assembly Plant

August 28, 2014 2:51 pm | by Close-Up Media | News | Comments

Ford Motor Company reported the hiring of 300 new employees and a $129 million investment in Louisville Assembly Plant to support production of the all-new 2015 Lincoln MKC. According to a release from the company ...      

Robot Fights Infrastructure Corrosion

August 28, 2014 2:47 pm | by Anna Maltsev, ETH Zurich | News | Comments

Many citizens rely on Switzerland’s 3,500 motorway bridges – plus thousands more on cantonal roads – to carry them safely across valleys, streams, rivers and other roads. Most of these bridges have ...        

Lockheed Martin's Superhuman Workers Of Tomorrow

August 28, 2014 2:40 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Blogs | Comments

In the latest news of life imitating art, it seems that an exoskeleton suit similar to ones used in Tom Cruise’s summer movie Edge of Tomorrow may be here today. A press release from Lockheed Martin indicates that the U.S. Navy will begin ...

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