Sign of Economic Recovery: Factory Output is Growing
from USA Today
The nation's factory output is growing for the first time since early last year, bolstering the case for an economic recovery. While the improvement is modest amid weak consumer spending, some leading manufacturers and economists believe it can be sustained and eventually set off a more robust upswing.
Germany Gets Tough with GM Over Opel Deal
from New Europe
Talks over the future of giant US carmaker General Motors’ troubled European Opel offshoot are entering their final stage with Germany setting out tough financial requirements for GM according to a letter in the hands of the German Press Agency Deutsche-Presse-Agentur.
Volkswagen Mexico Union Reaches Wage Agreement with Management; Ends Strike
from Top News
Volkswagen AG management and its union reached a wage agreement on Saturday, thereby bringing to an end the strike that began earlier this week at the Puebla auto factory. Volkswagen agreed to give workers a 3-percent pay raise accompanied by a corresponding increase in benefits, so that starting Saturday production was expected to be back to normal.
Assembly Systems Noticed
from The Detroit Free Press
After spending more than two years to develop a new assembly system for engines and transmissions, tooling automation company Comau Inc. has a product that is drawing interest from automotive and commercial vehicle manufacturers.
Funding Sought to Turn Detroit into Wind Turbine Hub
from The Detroit News
NextEnergy,an alternative energy business incubator, is seeking $45 million in federal funding that, if awarded, could turn downtown Detroit into a hub for testing wind turbine equipment. The testing center could create as many as 100 new jobs locally and help attract other supply chain businesses, such as turbine gearbox and generator manufacturers, to the region, NextEnergy officials say.
|| Product Showcase:|
Innovative Rack & Gear Company
See Innovative Rack and Gear Company’s new Saikuni HR-2000 at Gear Expo 2009, Booth #309.
This CNC rack milling machine is capable of milling hardened rack teeth and produces tooth finishes and accuracies comparable to rack grinding. More info
Pilatus Cuts Hours, PC-12 Production Rate
from Aviation Week
To help ride out the downturn in business aviation, Pilatus Aviation has decided to cut work hours at its Stans facility starting next month as it scales back PC-12 output. The decision cuts across the company and will result in a 15 percent reduction in work and affect 350 employees. The move will avoid layoffs, the company says.
Shift to Wind Turbines is Hardly a Breeze
from Los Angeles Times
Determined not to sink along with other links in the auto-supply chain, family-run Dowding Industries Inc. borrowed $12 million to leap into the "green" future and leave the dirty assembly line behind. Almost two years later, Dowding has built the plant and bought the machines to make parts for wind turbines, providers of clean energy intended to help the U.S. become less reliant on foreign oil.
Ahead of the Bell: Auto Parts Makers
Auto parts suppliers, more than 40 of which recently filed for bankruptcy court protection, are getting higher prices for their goods and finding financing easier to come by, an analyst said. According to KeyBanc analyst Brett D. Hoselton, suppliers are beginning to see stronger pricing in the form of "upfront payments for engineering, development, and tooling, easing of annual price reductions, and commodity cost escalators."
Fiat Works to Improve Chrysler Quality
One of the first major steps Fiat SpA is taking since acquiring most of the assets of Chrysler Group LLC is working to improve Chrysler's flagging quality. Chrysler has lagged competitors for years in quality surveys, including J.D. Power and Associates' influential study. But Fiat is addressing the problem at its root - the factory floor.