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Daily news and top headlines for manufacturing professionals

Wyeth Investing $96 Million In Singapore Plant

April 7, 2008 5:57 am | News | Comments

Pharmaceutical and health care products company said the move will expand the facility's capacity by 50 percent.

Samsung: No Decision Yet On Malaysia Chip Plant

April 7, 2008 5:37 am | News | Comments

Electronics maker is 'exploring various investment opportunities in southeast Asian countries,' but hasn't settled on a location.

Vietnamese Workers Back To Work At Nike

April 7, 2008 5:25 am | News | Comments

Workers returned to a Vietnamese factory on Monday to make Nike sneakers, one week after a strike over a wage dispute closed the plant.

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Hyundai To Keep U.S. Factory Levels Steady

April 7, 2008 5:21 am | News | Comments

South Korean automaker is satisfied with sales levels in the U.S. and has no plans to cut production at its factory there, a top executive said.

Novartis Pays $38 Billion For Alcon

April 7, 2008 5:15 am | by Frank Jordans, Associated Press Writer | News | Comments

Deal for Alcon Inc., which makes Opti-Free contact lens solution and has 14,500 employees worldwide, would be one of the largest in Swiss history.

STX Group Starts Up China Shipbuilding Complex

April 7, 2008 5:08 am | News | Comments

Billion-dollar complex will carry out the entire shipbuilding process from cutting steel and engine assembly to block manufacturing.

Rohm And Haas Sells Stake In UP Chemical

April 4, 2008 7:10 am | News | Comments

Chemical maker will sell its 40 percent stake in UP Chemical Co. to Woori Consortium for $112 million.

German Auto Supplier To Open Plant In Alabama

April 4, 2008 6:45 am | by Kate Brumback, Associated Press Writer | News | Comments

Stankiewicz International will open a manufacturing plant in Vance, Ala., creating more than 180 new jobs over the next three years.

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Tokyo Steel Halts Exports

April 4, 2008 6:16 am | News | Comments

Japan's top maker of steel girders has stopped exports with the strong yen and soaring steel scrap prices cutting into profit.

Official: China, India Will Offset U.S. Downturn

April 4, 2008 6:05 am | by Gillian Wong, Associated Press Writer | News | Comments

Growth in India and China will keep driving the global economy despite a slump in the United States, India's commerce minister said.

Manufacturing Orders Decline In Germany

April 4, 2008 5:40 am | News | Comments

German manufacturing orders dropped 0.5 percent in February from the previous month due to weaker foreign demand.

Report: Venezuela To Buy 3 Russian Submarines

April 4, 2008 5:35 am | News | Comments

Moscow expects to sell at least three submarines to Venezuela in a deal to be inked when President Hugo Chavez visits next month, Russian news media said.

Adidas Reorganizing U.S. Operations

April 4, 2008 5:30 am | News | Comments

German shoe company will keep its U.S. headquarters in Portland, Oregon, but cut jobs there to gain a competitive advantage in the domestic market.

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Paulson: Chinese Companies 'Threaten' Reform Efforts

April 3, 2008 10:40 am | by Joe McDonald, AP Business Writer | News | Comments

Influential Chinese companies that want to avoid foreign competition are the biggest threat to more economic reform in China, says U.S. Treasury Secretary.

Finnish Paper Maker Opens Illinois Plant

April 3, 2008 7:25 am | News | Comments

UPM-Kymmene Corp. opened a new labelstock plant in Dixon, Ill., as part of a $420 million global program to expand label manufacturing.

EU OKs Heineken Takeover Of Scottish & Newcastle

April 3, 2008 7:20 am | News | Comments

European regulators partially approved Heineken's bid for the assets of brewer Scottish & Newcastle in Britain, Belgium, Finland and Portugal.

EU, U.S. Partner To Improve China's Standards

April 3, 2008 6:46 am | by Constant Brand, Associated Press Writer | News | Comments

Top EU and U.S. consumer safety officials launching a joint initiative aimed at making Chinese manufacturers and regulators improve product safety standards.

Japan: Toyota Funded Prius R & D, Buyers Got Rebates

April 3, 2008 6:05 am | by Yuri Kageyama, AP Business Writer | News | Comments

Government officials say Toyota received support only in government rebates for Prius buyers, but zero funding for developing the popular model.

EU Wants To Strengthen Antitrust Compensation Rights

April 3, 2008 6:00 am | News | Comments

Antitrust chief Neelie Kroes called for new rights of compensation for consumers and businesses that fall victim to antitrust violators across Europe.

TydenBrammall Moving Indiana Jobs To Mexico

April 3, 2008 6:00 am | News | Comments

Security seal manufacturer will shift production from Angola, Ind., to Monterrey, Mexico, eliminating 62 local jobs by September.

Hyundai Pushes Dealers To Boost U.S. Sales

April 3, 2008 5:52 am | by Kelly Olsen, AP Business Writer | News | Comments

South Korean automaker called on dealers in the United States to bolster sales after a mixed performance there during the first quarter.

Chrysler To Outsource, Lay Off Hundreds

April 3, 2008 5:45 am | News | Comments

Automaker is outsourcing some of its computer technology work, a move that will eliminate about 200 full-time salaried jobs.

U.S. Warns Cutting Emissions May Harm Economies

April 3, 2008 5:35 am | by Michael Casey, AP Environmental Writer | News | Comments

American negotiators at a U.N. climate conference say calls for steep emission cuts could further rattle economies, especially in the developing world.

Organized Labor Fights Patent Reform Bill

April 3, 2008 5:29 am | by Christopher S. Rugabear, AP Business Writer | News | Comments

Concerned about overseas piracy of U.S. goods, unions have stepped up their opposition to patent reform legislation pending in the Senate.

LDK Solar Supplying Solar Wafers To Indian Company

April 3, 2008 5:24 am | News | Comments

Chinese solar wafer maker signed a 10-year contract to supply multicrystalline solar wafers to Moser Baer Photo Voltaic.

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