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Manufacturing News

Manufacturing news continually updated from thousands of sources around the net.

4 hrs ago | SBWire

Industry Overview: Automobile Body and Trailer Manufacturing Industry ...

TechNavio's analysts forecast the Automobile Body and Trailer Manufacturing industry in China to grow at a CAGR of 13.80 percent over the period 2012-2016.

Comment?

Related Topix: World News, China, Asia,

8 hrs ago | Daily Political

Rogers Upgraded to "Neutral" by Zacks

The firm currently has a $48.70 target price on the stock. Zacks ' price target indicates a potential upside of 0.47% from the stock's previous close.

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Related Topix: Electronics, Rogers, Chemicals

Tue Jun 18, 2013

Business Journal

Maryland needs to think 'bold and imaginative' to grow manufacturing, advocate says

Maryland officials need to "think big, bold and imaginative" to keep the state from getting another poor grade for its manufacturing industry, says a leading advocate for manufacturing in Maryland.

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The Hartford Courant

Kodak prepares $406 million offering as it eyes bankruptcy exit

Eastman Kodak Co on Tuesday said it will seek court approval for a $406 million rights offering that could give creditors a big equity stake in the company after it emerges from Chapter 11 bankruptcy protection.

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Related Topix: Economics News, Bankruptcy, Eastman Kodak, Photography, Rochester, NY, Ansonia, CT

The Hartford Courant

United Technologies told to pay $473 million to U.S. in lawsuit

A federal judge has ordered United Technologies Corp to pay $473 million plus interest for manipulating costs to win U.S. Air Force jet engine contracts in the 1980s.

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Related Topix: Industrial Machines, Security, United Technologies Corporation, United Technologies, GE Aircraft Engines, Hamilton Sundstrand, Paper, Aerospace-Defense, Pratt Industries, Clipper Windpower

Lancashire Telegraph

VIDEOS: Samlesbury's BAE Systems unveils forgotten aircraft designs from its archives

A HYPERSONIC space-plane, a jeep which could leap over enemy blockades and an aircraft able to take off and land vertically are some of the 1960s inventions unearthed from the archives of BAE Systems .

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Related Topix: Aerospace-Defense, BAE Systems, Science / Technology, Inventions

WSFA-TV Montgomery

Carnival files suit against Ala. ship repair firm

The Carnival Corp. has filed a lawsuit seeking more than $12 million in damage its cruise ship, Triumph, sustained in an early April windstorm.

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Related Topix: Travel/Tourism, Carnival Cruise, Aerospace-Defense, BAE Systems

GlobeNewswire

Hurco Companies, Inc. Initiates Quarterly Cash Dividend Program

INDIANAPOLIS, June 17, 2013 -- Hurco Companies, Inc. , an international industrial technology company, announced today that its Board of Directors approved the payment of an initial quarterly cash dividend of $0.05 per share.

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Related Topix: Scientific Instruments, Industrial Machines, Hurco Companies, Indianapolis, IN

Customer Interaction Solutions

Ingersoll Rand Announces Pricing of $1.55 Billion of Senior Notes

Ingersoll-Rand plc , a world leader in creating and sustaining safe, comfortable and efficient environments, today announced that it has completed a $1.55 billion debt offering consisting of three tranches, maturing in 2019, 2023 and 2043.

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Related Topix: Automakers, Industrial Machines, IngersollRand Company, Personal Finance, Retirement, Corporate / Securities Law, Law

Mon Jun 17, 2013

MSN Money

JCI looks to private equity to sell auto electronics unit: sources

Johnson Controls Inc is speaking to private equity firms about selling its roughly $1 billion automotive electronics unit, after buyout interest from many rival auto parts suppliers faltered, according to several people familiar with the matter.

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Related Topix: Johnson Controls, Automakers, Textiles, Visteon, Marketing

Prince George Citizen

F-35-maker signs deal with CAE in anticipation of Canadian program resuming

The U.S. manufacturer of the oft-maligned F-35 has signed a deal with a leading Canadian maker of flight simulators in anticipation of the Harper government choosing to stick with the controversial stealth fighter program.

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Related Topix: Cascade, Industrial Machines, Aerospace-Defense, Lockheed Martin, US Military, US Air Force

West Australian

Exclusive - ICE to win EU approval for $8.2 billion NYSE bid: sources

IntercontinentalExchange is set to win unconditional EU approval for its $8.2 billion bid for NYSE Euronext, sources said on Monday, in a deal that would strengthen its presence in the lucrative derivatives trading business.

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Related Topix: Canlan Ice Sports, Recreation, Ice Energy, Energy, IntercontinentalExchange, NYX, Inc, Automakers

Argus Leader

S.F. Business Journal: Raven, Google partner on pilot project to provide Internet via balloons

Sioux Falls-based Raven Industries Inc. is involved in a pilot project with Google Inc. to provide high-speed wireless Internet accessibility to rural, remote and underserved areas through high-tech balloons.

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Related Topix: Rubber-Plastics, Industrial Machines, Raven Industries, Agriculture, Science

Weyburn Review

TSX heads higher amid hopes Fed will put off plans to wind down its stimulus

The Toronto stock market looked set for a higher open Monday as traders hope to get some clarity on whether the U.S. Federal Reserve thinks economic conditions are improving to a point where it can let up on stimulus measures.

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Related Topix: Ben Bernanke, Home, Mortgage, Personal Finance, Industrial Machines, Longview Fibre, Paper

Mydigitalfc.com

Cheap foreign loans spur India's outbound M&A march

Foreign banks are fuelling India's recent burst of overseas takeover bids, offering cheap U.S. dollar loans to corporates hungry to expand beyond their home state.

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Related Topix: Banking, Citigroup, Financial Services, CitiMortgage, Rubber-Plastics, Industrial Machines, Cooper Tire and Rubber, Reuters, Hospital Administration, Thomson, Media, Medicine, Triad Hospitals, Computers, IT Services, Healthcare Industry

The Olympian

Weyerhaeuser to purchase Longview Timber for $2.65 billion, announces new CEO

NEW YORK Weyerhaeuser, a U.S. real-estate investment trust that owns timberland, agreed to buy Longview Timber for $2.65 billion including debt from affiliates of Brookfield Asset Management in the third-largest forestry acquisition in North America.

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Related Topix: New York, Industrial Machines, Paper, TempleInland, Stanley

Sun Jun 16, 2013

ABC News

Ford closure highlights car manufacturing industry's struggle for survival

A high dollar, cheap overseas labour and a global market are putting pressure on Australia's manufacturing sector, and the car industry represents the malaise in the sector like no other.

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Michigan Radio

Michigan's natural gas prices may rise, depending on decisions to allow more overseas exports

In Europe, the price is closer to $10 per thousand cubic feet. In Japan, the price is hovering over $15.

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Related Topix: Michigan, Midland, MI, Rubber-Plastics, Dow Chemical, Chemicals

Reuters

AIRSHOW-UPDATE 2-Pratt sees deal for F-35 engines in next 30 days

Pratt & Whitney, a unit of United Technologies Corp, expects to reach an agreement with the Pentagon within the next 30 days on a contract for engines to power a sixth batch of F-35 fighter jets, Pratt President David Hess told Reuters.

Comment?

Related Topix: Industrial Machines, Security, United Technologies Corporation

MSN Money

Analysis: Why bankrupt W.R. Grace is thriving

A company stuck in bankruptcy for 12 years may not seem like much of a catch, but investors have fallen in love with U.S. specialty chemical manufacturer W.R. Grace & Co and its surging sales to the energy sector.

Comment?

Related Topix: Economics News, Bankruptcy, W R Grace , Chemicals, Libby, MT

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