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Daily news and top headlines for manufacturing professionals

GE Compression Technology Supporting Total S.A. Refinery Expansion

September 23, 2014 12:34 pm | by The Associated Press | News | Comments

GE Oil & Gas today announced that it will provide France-based energy company Total S.A. with a variety of compressors for a refinery off-gas (ROG) expansion project at its Antwerp, Belgium, refinery complex. The project is part of Total’s $1.3 billion overall investment to...

Clorox Exits Venezuela Citing Government Restrictions

September 23, 2014 10:01 am | by The Associated Press | News | Comments

Clorox is shutting down all operations in Venezuela, citing restrictions by the government, supply disruptions and economic uncertainty. Shares jumped 3 percent before the opening bell Monday. The consumer products company said that for almost...

Panasonic To Enter Electrical Construction Materials Market In Tanzania

September 19, 2014 2:46 pm | by The Associated Press | News | Comments

Panasonic Marketing Middle East & Africa-–the regional headquarters based in Dubai, UAE for Panasonic Corporation, Japan and a leading player in the environmentally friendly eco solutions category, is looking to expand in the potential Tanzania market, as part of its...

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Pabst Brewing To Be Sold To Russian Company

September 19, 2014 2:26 pm | by The Associated Press | News | Comments

The maker of Pabst Blue Ribbon beer is being sold to Russian company Oasis Beverages for an undisclosed sum. Oasis is buying Pabst with TSG, an investment firm known for its work with consumer products companies. TSG Consumer Partners will take...

Alibaba Poised To Surge On The NYSE

September 19, 2014 9:32 am | by Mae Anderson, The Associated Press | News | Comments

Chinese e-commerce powerhouse Alibaba's began trading on the New York Stock Exchange today in a highly anticipated debut that could raise up to $25 billion. The company priced its initial public offering of stock Thursday evening at $68 per share, the top end of the expected...

Japanese Automakers Compete With Google For Autonomous Car

September 18, 2014 2:01 pm | by Japan Economic Newswire | News | Comments

Competition is heating up among Japanese and U.S. manufacturers to invent and refine autonomous car technologies that reduce the human driver's role in controlling the vehicle with the steering wheel and the brake. With a solid track record of building...

Reed Exhibitions Japan Organizing Manufacturing World Osaka 2014

September 18, 2014 1:00 pm | by The Associated Press | News | Comments

Reed Exhibitions Japan Ltd. will be organising Manufacturing World Osaka 2014 - Western Japan’s largest trade show for the manufacturing industry, known as the “must-attend-show” for all people working in the manufacturing industry. 980 exhibitors and 43,000 visitors are expected to participate. As a...

Deconstructed Locomotive Will Power Nigeria’s Economy

September 18, 2014 12:07 pm | by GE Report | News | Comments

Nigeria has fast become Africa’s largest economy, but its infrastructure is still lagging. The electrical grid is so unpredictable that many businesses use natural gas to produce their own power. But that’s not enough. Sand and water often clog up pipelines and idle generators...

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NAM: Congress Must Focus On Ex-Im Bank Reauthorization

September 18, 2014 10:00 am | by National Association of Manufacturers | News | Comments

Following House passage of a continuing resolution that temporarily reauthorizes the Export-Import (Ex-Im) Bank, National Association of Manufacturers (NAM) Vice President of International Economic Affairs Linda Dempsey issued this statement...

Shoe Manufacturer CEO, Cash Vanish

September 17, 2014 1:56 pm | by The Associated Press | News | Comments

A Chinese shoe manufacturer says two of its top executives have vanished, along with most of the company's cash. Germany-listed Ultrasonic AG said in a statement Tuesday it has been unable to reach its chief executive, Qingyong Wu, and chief operating officer, Minghong Wu, since...

Trade, Investment Hopes As China's Xi Visits India

September 17, 2014 7:44 am | by R.k. Misra - Associated Press | News | Comments

Chinese President Xi Jinping landed in the Indian prime minister's home state of Gujarat on Wednesday for a three-day visit expected to focus on India's need to improve worn out infrastructure and reduce its trade deficit. Xi was greeted on the tarmac by a throng of news photographers and state...

Factory Worker Sentenced For Lacing Foods With Pesticide

August 8, 2014 8:18 am | News | Comments

A former contract worker at a subsidiary of seafood company Maruha Nichiro Holdings Inc. was sentenced Friday to three and a half years in prison for lacing frozen food products with pesticide last fall.                 

British-U.S. Investigative Couple On Trial In China

August 8, 2014 8:12 am | News | Comments

A Briton and an American charged with illegally trading in the personal details of Chinese nationals testified Friday that they bought such information to help companies combat fraud.               

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Toyota: Chinese Regulators Looking At Lexus

August 8, 2014 8:00 am | by Joe McDonald and Yuri Kageyama, AP Business Writers | News | Comments

Toyota Motor Corp. said Friday that Chinese anti-monopoly regulators are looking at its Lexus luxury unit in a spreading investigation of foreign automakers.                        

Putin Orders Import Limits Over Sanctions

August 6, 2014 4:50 pm | by Jim Heintz, Associated Press | News | Comments

President Vladimir Putin has ordered government agencies to restrict imports of food and agricultural products from the countries that have imposed sanctions against Russia over the conflict in Ukraine.         

Dutch Contractor Selected For Malaysian Jet Search

August 6, 2014 3:31 pm | by Rod McGuirk, Associated Press | News | Comments

A Dutch contractor will conduct the underwater search for the Malaysian airliner that crashed off the Australian coast in March, Australia announced Wednesday.                 

Obama Seeks Executive Ways To Limit Tax Inversions

August 6, 2014 3:23 pm | by Josh Lederman, Associated Press | News | Comments

Aiming to sidestep a logjam in Congress, the Obama administration is looking for steps it could take on its own to prevent American companies from ...                          

Coca-Cola Plant Had Received Threats

August 6, 2014 2:41 pm | News | Comments

A Coca-Cola distribution plant in southern Mexico had received threats before attackers burned four of its delivery trucks in an area known for drug gang turf battles, the company said.                  

China: No Evidence Spoiled Meat Made It To Japan

August 6, 2014 11:59 am | News | Comments

An ongoing investigation into the food safety scandal that hit several popular fast food chains last month has uncovered no evidence that spoiled meat made it to Japan, Chinese food safety regulators told their Japanese counterparts.     

Court: Tycoon Can Sue Google Over Autocomplete

August 6, 2014 10:49 am | by Kelvin Chan, AP Business Writer | News | Comments

A court has ruled that a Hong Kong tycoon can sue Google over its autocomplete results suggesting he has links to organized crime.                      

Rosetta Space Probe Catches Up With Comet

August 6, 2014 8:01 am | by Frank Jordans, Associated Press | News | Comments

After a journey of 4 billion miles, Europe's unmanned Rosetta probe reached its destination Wednesday, a milestone in mankind's first attempt to land a spacecraft on a comet.             

China Probes Automakers, Tech Firms

August 6, 2014 7:41 am | by Joe McDonald, AP Business Writer | News | Comments

Chinese regulators have launched a series of anti-monopoly investigations of foreign automakers and technology providers, stepping up pressure on foreign companies that feel increasingly unwelcome in China.           

Toyota Profit Up Nearly 5 Percent

August 5, 2014 8:18 am | by Yuri Kageyama, AP Business Writer | News | Comments

Toyota Motor Corp. reported a 5 percent jump in quarterly profit Tuesday, outpacing expectations as vehicle sales grew in North America and Europe, offsetting a drop in Japan.                   

Xiaomi Beats Samsung In Chinese Smartphone Market

August 5, 2014 8:00 am | by Youkyung Lee, AP Technology Writer | News | Comments

Xiaomi, a Chinese handset maker little known in the West, overtook tech giant Samsung Electronics Co. to become China's top-selling smartphone brand in the second quarter, a market research company sai.               

McDonald's: China Meat Scandal Hurting Sales

August 5, 2014 7:50 am | News | Comments

The world's biggest hamburger chain said in a regulatory filing that there's been "significant negative impact" in China, Japan and other affected markets. These regions make up about 10 percent of McDonald's Corp.'s revenue.           

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