Home : Daily News

Daily News

General

Walkman Outsells iPod in Japan for First Time
In August Sony's share of the Japanese market for portable music players stood at 47.8% ahead of Apple which had 44%.

BP Oil Spill Costs Surge to $8 Billion
The latest figure compares with the previous estimate of $6.1 billion that was given last month.

U.S. Unemployment Jumps to 9.6%
Economy lost 54,000 jobs in August

Put Some 'Real Teeth behind Made in America Policy' Says Industry Group
'Congress and the Administration should avoid gimmicks like rebate checks for taxpayers that will likely result in increased purchases of imported consumer goods,' said The Alliance for American Manufacturing.

U.S. Workers Still the Most Productive, Says President Obama
Calls on Congress to pass small business jobs bill

Kia Recalls 35,000 Cars in U.S.
Faulty wiring that could cause fires

World Goods Trade Up Sharply
Exports were up 26%, imports increased 25%

Ford's Sales in China, India Up 37%
The company expects 70% of its growth in the next ten years to come from its Asia Pacific and Africa region.

European Industrial Outlook: Growth in Production but Pace of Expansion to Slow in 2011
MAPI predicts 1% growth for the Eurozone for 2010, and 2% growth in 2011.

HP Wins Bid for 3PAR
Dell drops out

John Shook To Take Over LEI Helm
Will replace Jim Womack effective Sept. 27.

Samsung Challenges Apple with iPad Rival
The Galaxy Tab, which is half the weight of the iPad, runs on Google's Android 2.2 operating system.

Daihatsu to Recall Over 600,000 Cars
Problem is indicator light covers that fade over time

Houston Manufacturer Fined $1.2 Million for Hiding Work-related Injuries, Illnesses
'Accurate workplace injury and illness records are vital tools for identifying hazards and protecting workers' health and safety,' said Secretary of Labor Hilda L. Solis.

Labor Day Survey: Government Policies Creating a Disadvantage for Manufacturing Sector
Majority believe developing a strong manufacturing base should be a national priority

Chinese Manufacturing Rebounds in August
Turnaround was underpinned by domestic orders

BP Sells Malaysian Assets to Petronas
Company is selling off up to $30 billion of assets to cover costs of oil spill

U.S. Manufacturing Posts Unexpected Growth
Marks 13th straight month of expansion

Technologies Could Vastly Shrink Size of Computer Chips
Looking beyond traditional silicon, HP, Rice University developing technology to create faster, smaller chips.

GM's U.S. Sales Drop 7% in July
Compared to August of last year, sales fell 25%

Private Employment Slips for First Time in Seven Months
Manufacturing lost 6,000 jobs

American Workers Believe Economic Conditions Will be Same or Worse Next Year
A new study reports that 56% of Americans think the U.S. economy has undergone a fundamental and lasting change as opposed to a temporary downturn.

Chrysler Sees U.S. Sales Rise 7%
Marks the fifth consecutive month of year-over-year increases

Apple Unveils New iPods
Company introduces new program called 'FaceTime'

Toyota's U.S. Auto Sales Drop 31.4% in August
Company is suffering from its numerous recalls

Ford’s August Sales Dip 11%
Automaker’s fourth-quarter production will be lower than last year’s.

Ferrari Recalls 1,250 Sports Cars after Four Catch Fire
Problems with the mounting, adhesive, heat shields and wheel arch assembly

More From This Section...


Expansion Management

Food Processing Company Completes Upgrade to China Pork Plant
Firm invested $6.6 million in expansion project.

Whirlpool to Build New Manufacturing Facility in Tennessee
Plant construction is one of five U.S. expansion projects recently announced by the company.

Corning to Expand Light-Duty Diesel Capacity in Germany
Company says it is keeping pace with growth in clean-diesel products.

Plastic Molder to Locate Production Facility in South Carolina
California-based company seeking a “broader reach.”

Rubber Products Manufacturer Expanding in Indiana
Company is consolidating some operations from Ohio facility.

More From This Section...


IW 50 News

IW 50 Best: Idexx Laboratories' Value Proposition
By helping its customers deliver a 'higher standard of care,' the manufacturer of veterinary instruments has kept its top line healthy.

More From This Section...


Information Technology

India to Add 110 Million to Global Workforce
Study says manufacturing could create the jobs needed to absorb the rise if it's able to overhaul labor laws and invest in training.

More From This Section...




Stock Market Report

Commodities Update




Foreign Exchange