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Daily news and top headlines for manufacturing professionals

Obama: New Energy Exploration Vital To Recovery

April 23, 2009 5:55 am | by Mike Glover, Associated Press Writers | News | Comments

President Obama plans to increase alternative energy sources and create environmentally friendly jobs, declaring a ‘new era of energy exploration’ as crucial to economic recovery.

Oregon Wants To Lead Electric Car Market

April 23, 2009 5:35 am | by Tim Fought, Associated Press Writer | News | Comments

Governor hopes to gain a leading role for green-leaning Oregon, as a test market, a port-of-entry for electric cars, or a location for plants that make vehicles, batteries or chargers.

Euro Zone Survey Suggests Milder Recession

April 23, 2009 5:20 am | by Pan Pylas, AP Business Writer | News | Comments

Preliminary purchasing managers index, an indicator of economic health, for the euro zone's manufacturing sector rose to a six-month high of 36.7 in April from 33.9 in March.

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Chinese Bid For Oz Minerals Gets Australian Approval

April 23, 2009 5:14 am | News | Comments

China's Minmetals won Australian government approval to buy most of Oz Minerals' operations in a $1.2 billion deal.

Fiat, Magna Interested In Opel Stake

April 23, 2009 5:06 am | News | Comments

Italian car company and the Canadian car parts maker are both interested in a stake of German carmaker Opel, a unit of General Motors Corp., a German official said.

Canada, U.S. Working Closely On Auto Restructuring

April 22, 2009 9:15 am | by Kathy Barks Hoffman, Associated Press Writer | News | Comments

Canadian ambassador to the U.S. said Canada wants to be ‘on the same track’ as the Obama administration when the decision is made on General Motors’ and Chrysler’s future.

FDA Warns St. Jude Medical Of Mfg. Plant Problems

April 22, 2009 8:10 am | by Matthew Perrone, AP Business Writer | News | Comments

Medical device maker received a warning letter from federal regulators due to problems at a manufacturing plant in Minnesota that makes catheters.

Monsanto Sues Germany Over Corn Ban

April 22, 2009 7:50 am | News | Comments

World’s leading seed seller is seeking a court injunction and suing the German government for banning its genetically engineered MON810 corn.

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Alabama Town Seeks New Jobs For Idled Plant Workers

April 22, 2009 7:45 am | News | Comments

Opelika officials are working on plan to secure jobs for 1,000 workers who will be laid off when a BFGoodrich tire plant closes in October.

UK Treasury Chief Sees Economic Rebound

April 22, 2009 6:04 am | by Robert Barr, Associated Press Writer | News | Comments

Britain's economy will shrink by 3.5 percent in 2009 but will begin returning to growth by the end of the year, Treasury chief Alistair Darling said.

Geithner Says Global Crisis 'Unprecedented'

April 22, 2009 6:01 am | by Martin Crutsinger, AP Economics Writer | News | Comments

Treasury Secretary says the U.S. bears a substantial share of responsibility for the global economic crisis, but the problems that have made the crisis so acute are worldwide.

Japan's Export Slump Eases

April 22, 2009 5:28 am | by Tomoko A. Hosaka, Associated Press Writer | News | Comments

Exports in March plunged by almost 46 percent from a year earlier, but the decline wasn't as bad as February, a small sign overseas demand may be headed for recovery.

Britain's Unemployment Rate Nears 7 Percent

April 22, 2009 5:23 am | News | Comments

Unemployment in Britain rose to 6.7 percent in the three months through February, up from 6.5 percent in the quarter through January, government data showed.

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EPA Reinstates Stricter Toxic Pollution Rules

April 21, 2009 1:10 pm | by Dina Cappiello, Associated Press Writer | News | Comments

U.S. government will once again require companies to fully disclose the toxic chemicals they release into the air, onto land and into water.

CAW: Nortel Shouldn't Break Severance Contract

April 21, 2009 11:05 am | News | Comments

Canadian Auto Workers union called on an Ontario judge to order Nortel to make severance and other payments to ex-employees cut off when the company got creditor protection.

Lockheed Accepts Pentagon Decision On F-22

April 21, 2009 11:04 am | by Stephen Manning, AP Business Writer | Lockheed Martin | News | Comments

Top exec at Lockheed Martin said it accepted the Pentagon's proposal to cap production of the F-22 fighter jet, the latest sign the job-heavy program may not be revived.

Committee: Bayer Withheld Info After Deadly Explosion

April 21, 2009 9:23 am | by Frederic J. Frommer, Associated Press Writer | News | Comments

Congressional committee said Bayer CropScience withheld information from emergency responders after a deadly explosion at a West Virginia chemical plant last summer.

U.S. Trade Rep Says No To NAFTA Renegotiation

April 21, 2009 8:09 am | News | Comments

Top U.S. trade official said Obama administration can strengthen provisions of the North American Free Trade Agreement without having to renegotiate.

Owens-Illinois Plans $20 Million Plant Upgrade

April 21, 2009 7:52 am | News | Comments

Virginia Gov. Timothy M. Kaine says the company is planning a $20 million upgrade of its James City County plant to improve energy efficiency and technological capabilities.

GM, Chrysler To Get $5.5B More In Federal Aid

April 21, 2009 7:50 am | News | Comments

Federal report says the U.S. government will loan General Motors up to $5 billion more to make it through June 1, and Chrysler could get up to $500 million more by April 30.

Michigan Lawmakers Want Chemicals In Toys Identified

April 21, 2009 5:30 am | News | Comments

Democrats in the Michigan House want to require children's toy manufacturers to report what chemicals are used in their products.

Pipe Plant Ex-Manager Sentenced To Nearly 6 Yrs

April 21, 2009 5:15 am | News | Comments

Former manager at a New Jersey pipe plant was sentenced Monday to nearly six years in prison in a federal investigation into worker safety violations and pollution of the Delaware River.

EU OKs $1 Billion Votorantim-Aracruz Deal

April 21, 2009 5:12 am | News | Comments

European Union cleared Tuesday the proposed acquisition of paper maker Aracruz by conglomerate Votorantim in an all Brazilian deal worth $1.1 billion.

GM Lays Off Workers As Gov't Deadline Looms

April 21, 2009 5:03 am | by Tom Krisher, AP Auto Writer | News | Comments

General Motors started firing 1,600 white-collar workers on the same day it revealed it spent $2.8 million in 1Q to lobby federal lawmakers.

UAW Urges Members To Lobby Obama

April 20, 2009 1:56 pm | by Dan Strumpf, AP Auto Writer | News | Comments

United Auto Workers urging members to lobby the Obama administration for support as the union continues negotiations with General Motors and Chrysler.

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