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Daily news and top headlines for manufacturing professionals

China Points Heparin Problem At U.S.

April 21, 2008 7:50 am | by Kevin Freking, Associated Press Writer | News | Comments

Officials suggested the problem with heparin could have occurred in the U.S. and plan to visit a Baxter International plant to see how the finished product is manufactured.

Crude Hits A Record $117 Per Barrel

April 21, 2008 7:23 am | by Marta Falconi, Associated Press Writer | News | Comments

While oil summit debates reason for record high prices, light sweet crude hits $117 a barrel.

Sportswear Industry Criticized Ahead Of Olympics

April 21, 2008 6:44 am | by Raf Casert, Associated Press Writer | News | Comments

Global trade union group criticized sportswear companies and the International Olympic Committee for not doing enough to ensure labor rights are respected.

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BMW, Daimler Consider Sharing Components

April 21, 2008 6:40 am | by Joe McDonald, AP Business Writer | News | Comments

Possibility of cooperation between the competitors reflects the intense pressure to cut costs amid slow sales growth in the U.S. and Europe.

Airbus Creates New Company For German Plants

April 21, 2008 6:11 am | Airbus | News | Comments

Plane maker still intends to sell three manufacturing plants in Germany, but until then they will be taken over by a new holding company owned entirely by EADS.

Daimler, Hero Form Commercial Vehicle Venture

April 21, 2008 6:04 am | by Matt Moore, AP Business Writer | News | Comments

Automaker and India's Hero Group signed contracts that will see them invest more than $1.1 billion in a joint venture that should start production in India in 2010.

Praxair Plans Plant To Meet Samsung Production

April 21, 2008 5:25 am | News | Comments

Industrial gas provider building a new air separation plant in South Korea to meet increased demand from a new production agreement with Samsung Electronics.

Timken Opens Plants In Asia, India

April 18, 2008 11:25 am | News | Comments

Maker of engineered bearings and alloy and specialty steel products, said Friday it opened new plants in India and China.

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Kirin Considers Buying Australian Dairy Maker

April 18, 2008 7:05 am | News | Comments

Japanese beverage maker is preparing to purchase major Sydney-based dairy maker Dairy Farmers, sources familiar with the matter said Friday.

Computer Maker Closing Tennessee Plant

April 18, 2008 6:25 am | News | Comments

MPC Computers is shutting down its LaVergne, Tenn., manufacturing facility and moving operations to Mexico.

Tomotherapy To Acquire Chinese Equipment Maker

April 18, 2008 6:20 am | News | Comments

Radiation therapy device maker plans to buy Chengdu Twin Peak Accelerator Technology, manufacturer of equipment used to produce radiation systems.

Crocs Closes Section Of Quebec Factory

April 18, 2008 6:05 am | News | Comments

Footwear maker has shut down part of its Quebec City plant earlier than expected, giving 350 employees the boot.

Volkswagen Opens New China Plant

April 18, 2008 5:41 am | News | Comments

German automaker opened an auto plant in the eastern Chinese city of Nanjing with an initial capacity of 60,000 vehicles a year.

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Unions, State Lawmakers Protest EADS Tanker Deal

April 18, 2008 5:40 am | by Sam Hananel, Associated Press Writer | Airbus, Boeing | News | Comments

Lawmakers from Washington state and Kansas joined labor leaders to protest the Air Force contract Boeing lost to a European rival, and vowed to stymie the deal in Congress.

Samsung Pledges Reform After Scandal

April 18, 2008 5:33 am | by Kelly Olsen, AP Business Writer | News | Comments

Scandal-plagued Samsung Group vowed to reform the way it does business after its powerful chairman was indicted on criminal charges.

South Korea To Resume U.S. Beef Imports

April 18, 2008 5:24 am | by Hyung-Jin Kim, Associated Press Writer | News | Comments

Seoul agreed to resume imports that had been halted over mad cow disease, clearing a key hurdle to a broader trade deal with Washington.

Chrysler: Alliances Key To Our Future

April 18, 2008 5:15 am | by David Runk, Associated Press Writer | News | Comments

Automaker's CEO said he's open to more partnerships like Nissan and such deals are key in Chrysler's plans to sell vehicles in growing markets worldwide.

China Accounts For Half Of EU's Dangerous Goods

April 17, 2008 11:35 am | by Aoife White, AP Business Writer | News | Comments

Confidence in Chinese goods has fallen dramatically and the European Union says 'much work will need to be done if China is to regain the trust of European citizens in its products.'

No Increase In Euro-Zone Exports To U.S. For January

April 17, 2008 10:20 am | News | Comments

Exports to the U.S. from euro countries were flat in January, as the weak dollar made German cars and French champagne more expensive for American shoppers.

Report: U.S. Manufacturing Feeling Economic Strain

April 17, 2008 6:40 am | by Edited by Manufacturing.net Staff | News | Comments

Manufacturers Alliance/MAPI says that while manufacturing in the U.S. is clearly slowing, global growth will help offset it.

German Think Tank Lowers '08 Growth Forecast

April 17, 2008 6:08 am | News | Comments

Forecast for growth in Europe's biggest economy cut to 1.8 percent due to fallout from the U.S. subprime lending crisis and turbulence in global financial markets.

Bush's Call To Curb Emissions Gets Mixed Reviews

April 17, 2008 5:41 am | by Angela Charlton, Associated Press Writer | News | Comments

While some welcomed the President's proposal to halt growth in U.S. greenhouse gas emissions by 2025, others dubbed it a step backward because it doesn't call for mandatory cuts.

Global Automakers See Chinese Market As Lifeboat

April 17, 2008 5:25 am | by Joe McDonald, AP Business Writer | News | Comments

With auto sales forecast to rise by 15 percent this year, global automakers hope that booming China will drive sales as demand elsewhere slumps.

Dutch Chemicals Maker Expanding U.S. Production

April 17, 2008 5:22 am | News | Comments

DSM NV will invest $450 million over three years to expand production capacity for a fiber used to strengthen body armor and military vehicle plating.

EU Approves British GM Training Grant

April 16, 2008 11:40 am | News | Comments

European Commission approved the British government's plan to give a $17.4 million training grant to General Motors' Vauxhall unit.

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