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Daily news and top headlines for manufacturing professionals

China Investing $1.4 Billion To Solve Energy Problem

January 8, 2008 4:32 am | News | Comments

Beijing contributing to the International Thermonuclear Experimental Reactor nuclear fusion project, in hopes it will help its massive future energy needs.

Daimler 2007 Auto Sales Near 1.3 Million

January 8, 2008 4:24 am | News | Comments

Sales rose 2 percent in the United States, with strong demand for SUVs, while Asian sales were up 12 percent, lifted higher by demand for luxury cars.

Hyundai Launches Luxury Car

January 8, 2008 4:16 am | by Kelly Olsen, AP Business Writer | News | Comments

South Korean automaker enters high-end market with its Genesis luxury sedan Tuesday, setting a goal of selling 55,000 this year.


EADS Shares Drop On Report Predicting Jet Order Slump

January 7, 2008 9:10 am | by Emma Vandore, AP Business Writer | Airbus, Boeing | News | Comments

Shares dropped more than 7 percent after Deutsche Bank recommended investors get rid of the stock in a report predicting weaker commercial jet orders in 2008.

Chrysler Sales Outside North America Rose 15 Percent

January 7, 2008 9:05 am | News | Comments

Automaker said it had its best year in international markets for 2007, selling 238,218 vehicles, up from the 206,925 it sold in 2006.

South Korean Warehouse Fire Kills 40

January 7, 2008 5:22 am | by Kwang-Tae Kim, Associated Press Writer | News | Comments

Blaze tore through a refrigeration warehouse under construction in an industrial district south of the capital.

Stronger Safety Precautions Boosting Toy Costs

January 7, 2008 5:19 am | by Dikky Sinn, Associated Press Writer | News | Comments

Tougher safety measures implemented in the wake of high-profile toy recalls last year could drive up the cost of China-made toys by at least 10 percent this year.

Brewer Budvar Reports Production Increase In 2007

January 7, 2008 4:55 am | News | Comments

Czech state-owned brewery which has been fighting a long legal battle with Anheuser-Busch over the Budweiser brand had record exports again.


Police Raid Mitsubishi Chemical After Fatal Fire

January 7, 2008 4:46 am | News | Comments

Company submitted a report to the Ministry of Economy, Trade and Industry late last month, in which it admitted that it did not clearly note safety measures in its operational manual.

Euro Jobless Rate Holds At 7.2 Percent In November

January 7, 2008 4:45 am | by Aoife White, AP Business Writer | News | Comments

European Union officials acknowledge that the economy may grow more slowly as businesses start to feel the pain of higher oil prices, a high value euro and a banking crisis.

Sony Bringing High-Quality Organic LED TV To U.S.

January 7, 2008 4:38 am | News | Comments

The 11-inch XEL-1, which will go on sale this month, is Sony's first television for the U.S. to use organic light-emitting diode technology.

LDK Solar Purchases Stake In Crucible Maker

January 7, 2008 4:24 am | News | Comments

Manufacturer spending $2.3 million for 33.5 percent stake in a local crucible maker to 'significantly reduce' costs of purchasing crucibles from abroad.

PlayStation 3 Holiday Sales Reach 1.2 Million

January 7, 2008 4:09 am | by Yuri Kageyama, AP Business Writer | News | Comments

Competition is intense among the latest video game machines, pitting Sony's PS3 against Nintendo's popular Wii and Microsoft's XBox 360.


Volkswagen Mexico Expects Record Production In '08

January 4, 2008 9:23 am | News | Comments

Automaker says it expects production at its Mexican plant to rise 9.5 percent this year to a record 450,000 units.

Inspection Technologies Buying Rheonik Business

January 4, 2008 5:55 am | by Edited by Staff | News | Comments

GE unit buying manufacturer of high accuracy coriolis mass flowmeters to broaden its current flowmeter technology offerings.

Hyundai Motor Looking To Build Factory In Brazil

January 4, 2008 4:25 am | News | Comments

Automaker’s first factory in South America is expected to have an annual production capacity of 100,000 vehicles.

Chrysler Creates Global Alliance Position

January 4, 2008 4:11 am | by Tom Krisher, AP Auto Writer | News | Comments

Industry analysts say new executive vice president position to expand alliances with overseas automakers shows a new sense of urgency to find partners outside of North America.

Boeing Scores Record 1,413 Orders In 2007

January 4, 2008 4:00 am | by Elizabeth M. Gillespie, AP Business Writer | Airbus, Boeing | News | Comments

Airplane maker blew past an order record of 1,044 it set two years ago, selling 1,413 commercial jets in 2007 while delivering 441 planes, its best showing in six years.

Boeing Submits Proposal For $40 Billion Air Force Contract

January 3, 2008 8:50 am | Boeing | News | Comments

Air Force is expected to select a contractor by Jan. 31; Boeing is competing against Northrop Grumman Corp. to make 179 KC-767 planes.

Shell CEO: Raising European Emission Targets A 'Mistake'

January 3, 2008 8:45 am | News | Comments

Jeroen Van der Veer said global emissions cuts will be more difficult than most people realize because developing nations rely on fossil fuels to meet most of their increasing energy needs.

Study Spotlights Chemical Industry Supply Chain Practices

January 3, 2008 5:45 am | by Edited by Staff | News | Comments

Accenture's study results indicate that supply chain professionals are doing better at collaborating and communicating with customers than they were two years ago.

Kia Motors CEO Expects Strong 2008 Sales

January 3, 2008 4:57 am | News | Comments

South Korean automaker will probably return to profitability in 2008, helped by new vehicles and updated models.

India's Tata Motors Named Top Jaguar, Land Rover Bidder

January 3, 2008 4:50 am | by Tom Krisher, AP Auto Writer | News | Comments

Ford has entered into 'focused negotiations at a more detailed level' with Tata, meaning Tata has become the preferred bidder for the storied British automakers.

Wireless High-Def TVs On Display At Vegas Show

January 3, 2008 4:32 am | by Peter Svensson, AP Technology Writer | News | Comments

At least three dueling wireless technologies for high-definition TVs will be on display at the Consumer Electronics Show which starts Monday.

Audi Begins A6 Production In India

January 3, 2008 4:17 am | News | Comments

Automaker started production of its midsize A6 luxury sedan in India, with the aim of producing more than 2,000 cars a year by 2015.

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