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Daily news and top headlines for manufacturing professionals

Canada To Extend Aid To Struggling Manufacturers

February 12, 2008 4:50 am | by Julian Beltrame, Canadian Press | News | Comments

Finance Minister announces cautious budget for economic downturn and will extend capital writeoff program for embattled manufacturers, including the forest industry.

'Improper Payments' End Bridgestone Marine Hose Unit

February 12, 2008 4:34 am | by Carl Freire, Associated Press Writer | News | Comments

Japanese tire maker will withdraw from the marine hose business after an internal investigation discovered its hose division made improper payments to foreign agents to secure sales.

Indian Automaker To Build Pickup Trucks In The U.S.

February 12, 2008 4:30 am | News | Comments

Mahindra & Mahindra Ltd. plans to assemble and sell thousands of light pickup trucks annually in the United States by 2010

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LG.Philips LCD Plans Name Change

February 12, 2008 4:25 am | News | Comments

Flat panel maker said it plans to change its name to LG Display Co. in line with a reduction in shares held by Royal Philips Electronics NV of the Netherlands.

Daewoo Shipbuilding Gets Oman Tanker Order

February 12, 2008 4:21 am | News | Comments

South Korea's Daewoo Shipbuilding & Marine Engineering Co. received a $770 million order from Oman to build five oil tankers.

Engineer Accused Of Economic Espionage For China

February 12, 2008 4:15 am | by Gillian Flaccus, Associated Press Writer | Boeing | News | Comments

Chinese-American aerospace engineer charged with stealing trade secrets on the space shuttle, the C-17 military transport and the Delta IV rocket to pass on to China.

Steel Workers Ready For More Temporary Walkouts

February 11, 2008 8:20 am | News | Comments

German labor union is seeking an 8 percent raise for its members, citing ‘fat’ profits among steel makers, or else workers will escalate its wave of temporary walkouts.

Germany Sees Record Trade Surplus In '07

February 11, 2008 7:58 am | News | Comments

Manufacturing powerhouse Germany posted a record trade surplus of $288.5 billion in 2007, as exports rose even faster than imports.

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Mexico's Auto Exports Jump 33 Percent

February 11, 2008 7:54 am | News | Comments

Mexican Auto Industry Association said exports jumped 33 percent in January, while production rose by nearly 26 percent compared with the same time period in 2007.

Mars, Nestle Suspected Of Price-Fixing

February 11, 2008 4:48 am | News | Comments

German Federal Cartel Office raided the offices of seven candy and chocolate makers amid allegations of a conspiracy to fix prices.

Maker Of Latex-Free Surgical Gloves Goes Under

February 11, 2008 4:41 am | News | Comments

ECI Medical Technologies had 50 employees last fall with a payroll of more than $1.4 million, but only had eight employees when it closed its doors last Thursday.

Nokia Begins Production In Romania

February 11, 2008 4:30 am | by Lucia Stana Seveanu, Associated Press Writer | News | Comments

Mobile phone maker opens a factory in low-cost Romania, while 4,000 workers from a plant in Germany protest over plans to close it down.

Sensata Outsources Manufacturing Jobs To Mexico

February 8, 2008 5:50 am | News | Comments

Cambridge, Md.-based Sensata Technologies Power Controls will move its manufacturing to Mexico, resulting in the loss of 50 jobs.

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Analysts Predict Downturn In Luxury Vehicle Sales

February 8, 2008 5:40 am | by Dee-Ann Durbin, AP Auto Writer | News | Comments

Despite introducing new vehicles, some automakers and analysts predict luxury sales will fall this year as the U.S. economic woes put a pinch on high-end buyers.

Study: Popular Baby Bottles Contain Unsafe Chemical

February 8, 2008 5:25 am | by Michael Oliveira, Canadian Press | News | Comments

Canadian study of Avent, Gerber and Playtex bottles found ''very significant'' levels of bisphenol A — a controversial chemical linked to various health hazards.

Japan: Tainted Food Possibly Began At China Plant

February 8, 2008 4:50 am | News | Comments

Japan’s Chief Cabinet Secretary says investigators of the pesticide-laced Chinese dumplings are considering various possibilities for the contamination.

German Roadster Coming To America

February 8, 2008 4:49 am | News | Comments

Automaker Funke & Will AG will sell its two-door Yes! Roadster in North America for the first time starting this summer; standard Roadster 3.2 starts at $77,995.

U.S. Lawsuits Ineffective Against Chinese Companies

February 7, 2008 7:25 am | by Jeffrey Gold, AP Business Writer | News | Comments

Chinese imports have triggered a growing number of lawsuits, but U.S. companies often find it impossible to win damages or other legal redress, especially for lawsuits filed overseas.

Newsprint Giant Norske Skog Cuts Production

February 7, 2008 6:20 am | News | Comments

Norske Skog will slash production by 504,000 tons annually, shut down one paper machine in Norway, and close mills in the Czech Republic and South Korea.

A. Schulman Closing Canadian Plant

February 7, 2008 5:06 am | News | Comments

Plastics and resins maker will close a Canadian plant and seek a buyer for a Texas facility to offset expected pressures from high oil prices and poor auto sales in 2008.

Pratt & Whitney Canada To Build Cessna Jet Engines

February 7, 2008 5:00 am | by Ross Marowits, CP | Pratt & Whitney, Boeing, United Technologies Corp. | News | Comments

Pratt & Whitney expects to create hundreds of jobs after winning the largest contract in its history, supplying a new generation of jet engines for Cessna's largest business aircraft.

Corning To Increase LCD TV Component Production

February 7, 2008 4:35 am | News | Comments

To meet the growing demand for flat-screen TVs, Corning will add capacity to its manufacturing facility in Taiwan that makes glass substrates for LCD screens.

Chinese Workers Happier In Factories Than At Home

February 7, 2008 4:34 am | by William Foreman, Associated Press Writer | News | Comments

As snow storms stranded migrant workers on a major holiday, most were happy to be stuck in factories, enjoying a life far from the social restrictions of their villages.

Japan Steps Up Food Import Checks After Dumpling Scare

February 7, 2008 4:28 am | News | Comments

Health ministry to reinforce inspections of imported processed food and consider testing for agrochemical residues in random samples, following recent food poisoning incidents.

Three Companies Indicted For Contaminated Pet Food

February 7, 2008 4:21 am | News | Comments

Two Chinese businesses and a U.S. company were indicted in the tainted pet food incidents that killed dozens of animals last year and raised worries about products made in China.

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