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Exxon Won't Get Drilling Waiver for Russia, Treasury Chief Says

Fri, 21 Apr 2017 18:32:00 +0000

Exxon has been eager to unlock the vast crude bonanza locked in Russia’s Arctic, Black Sea and Siberian shale since 2011, when then-CEO Rex Tillerson signed a watershed cooperation plan with Rosneft that was blessed by Russian President Vladimir Putin. At the time, Putin estimated the venture ultimately would invest as much as $500 billion over a span of decades.

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GE's Cash Flow Tumbles as Pressure Rises on Immelt to Meet Goals

Fri, 21 Apr 2017 16:55:00 +0000

"Our cash performance was worse than we expected to start the year,” CEO Jeffrey Immelt said .The results amplify the pressure on Immelt, who is trying to regain momentum after the oil-price slump and sluggish economy constrained growth last year and weighed on the stock price last year.

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An Extraordinary Supplier Performance that Will Leave You Buzzing

Fri, 21 Apr 2017 15:21:00 +0000

A stinging tale of two suppliers—one that got too greedy, and another that went above and beyond to generate positive buzz.

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Delphi Is Building a Software Suite to Help Detroit Catch Tesla

Fri, 21 Apr 2017 13:52:00 +0000

The auto-parts supplier is shopping an aftermarket product that will let vehicles from as far back as 2010 update their engine control, braking systems and infotainment over the airwaves.

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Tesla Sued Over 'Dangerously Defective' Autopilot Software

Tesla's Elon Musk


Fri, 21 Apr 2017 12:40:00 +0000

The case was filed as a class action on behalf of Model S and Model X owners who bought their vehicles during the two quarters ending March 31.

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The Tech Column: Rethink Grips a Solution

Fri, 21 Apr 2017 11:00:00 +0000

The Massachusetts robot maker expands its offerings to the end of arms now, too. ... Good times for a pair of augmented reality leaders. ... Can you learn a language with a robot?. ... Mark Zuckerberg lobs the latest volley in Facebook’s cold war with Snapchat.

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Igniting Industrial Growth: Jumpstarting Emerging Industrial App Economy

Fri, 21 Apr 2017 08:28:00 +0000

The industrial app economy that is now emerging will dwarf what we’ve seen in the consumer sector, with industrial apps leveraging a massive base of machines across sectors including energy, healthcare, transportation. Investment infrastructure is expected to exceed $60 trillion over the next 15 years.

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Tesla Recalls 53,000 Cars to Replace Faulty Parking Brakes

Thu, 20 Apr 2017 18:18:00 +0000

Vehicles assembled between February and October last year contain a small gear that could have been manufactured improperly by Tesla’s supplier.

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Mentor Programs, Flexible Schedule Key for Women in Manufacturing

Ford Motor Co.’s assembly plant in Avon Lake, Ohio


Thu, 20 Apr 2017 17:41:00 +0000

Nearly three fourths (70%) of women indicate they would stay in manufacturing if they were to start their career today;

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Automakers See Promise in China Car-sharing

EVCARD, a service launched by state-owned automaker SAIC Moto has compact electric vehicles sprinkled around the city.


Thu, 20 Apr 2017 17:16:00 +0000

After years of skyrocketing China sales, the global auto industry is contemplating slower growth as it convenes this week for the Shanghai Auto Show, putting alternative sales channels like car-sharing in focus.

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GE Keeps Its Checkbook Handy After All-in Bet on 3-D Printing

GE's David Joyce


Thu, 20 Apr 2017 14:03:00 +0000

GE is racing to beat out competitors such as Siemens AG and United Technologies Corp., which also are integrating advanced printers into their operations.

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GM Ceases Venezuela Operations After Government Seizes Plant

Thu, 20 Apr 2017 13:36:00 +0000

The plant shutdown took place as protesters flooded the capital city of Caracas in the biggest show of opposition to President Nicolas Maduro’s government in months.

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Data is Not a Four-Letter Word

Thu, 20 Apr 2017 13:00:00 +0000

Today, industrial companies and manufacturers have no shortage of data. In a world increasingly ruled by the Internet of Things, where employees carry touchscreen devices in their pockets, we have immediate access to more data than we could possibly read or use. And there’s the rub: Many companies don’t know what to do with all that data.

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US Steel Seeks China Trade Probe as Trump Orders Import Study

Thu, 20 Apr 2017 12:10:00 +0000

The key question before the U.S. International Trade Commission is whether it has jurisdiction over the antitrust complaint.

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Employees' Choice: The 10 Best Manufacturers to Work For

Thu, 20 Apr 2017 04:10:00 +0000

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Trump's Made-in-America Steel Evangelism Has Its Skeptics

Wed, 19 Apr 2017 18:30:00 +0000

The American Iron and Steel Institute said “the executive order is a positive step in ensuring full enforcement of existing Buy America laws and ensuring the steel industry remains competitive.” But the lack of details in the “melted and poured” plan, and a penchant for the administration to suddenly pivot on policy, has left some analysts wondering if the order will be implemented.

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BMW Striking in UK Over Pension Dispute

Wed, 19 Apr 2017 17:34:00 +0000

Mini and BMW engine production had stopped for the day as workers protested against the closure of its two final-salary pension schemes for around 5,000 employees in Britain.

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Portland Opens Its Streets to Self-Driving Cars

Wed, 19 Apr 2017 17:03:00 +0000

The city will solicit proposals from companies working on driverless cars to gauge how they can help Portland reach its goals of reducing carbon emissions and providing equitable service.

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Manufacturers Still Leaving R&D Credits on the Table

Wed, 19 Apr 2017 15:59:00 +0000

Manufacturers save more than $6 billion a year through R&D tax deductions, but billions more are available to manufacturers if they take advantage of new and existing tax provisions.

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What You Need to Know About 3-D Printing and Product Liability

Wed, 19 Apr 2017 15:39:00 +0000

Manufacturers are often still liable as long as the misuse was foreseeable — which means manufacturers will need to design, build and craft warnings for 3-D-printed products that take into account consumer behavior.

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New Rockwell Software is mobile, scalable and easy to use

Wed, 19 Apr 2017 14:00:00 +0000

The latest Information Solutions offering features analytics, mobility and scalable MES.

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China's Biggest Automaker SAIC Puts US Ambitions on Hold

Wed, 19 Apr 2017 13:54:00 +0000

State-owned SAIC Motor’s wait-and-see attitude contrasts with that of Guangzhou Automobile Group Co., which is pressing ahead with a plan to start sales of its Trumpchi brand in the U.S.

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The Life of an Apple Supplier is Getting Even Tougher

Wed, 19 Apr 2017 12:45:00 +0000

Apple has developed its own processors for years, but has stepped up in-house design of components, including graphics, Bluetooth and other smartphone-related chips.

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Akzo CEO Seeks to Sway Investors Against PPG With Break-up Plan

Wed, 19 Apr 2017 12:16:00 +0000

Akzo Nobel proposed to carve out its specialty chemicals division within 12 months and return 1.6 billion euros (US$1.7 billion) to shareholders.

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Gassed up and Ready to Go: The Workforce Training Mobile

Wed, 19 Apr 2017 03:15:00 +0000

What's 53 feet long and takes up 10 parking spaces? Cuyahoga Community College's roving instructional space, pulling up to the IndustryWeek Manufacturing & Technology Show in May.

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MEPs are Essential to Rebuilding American Manufacturing Competitiveness

Tue, 18 Apr 2017 20:30:00 +0000

The Manufacturing Extension Partnership network is vital to helping manufacturers be competitive in the global marketplace and rebuilding U.S.manufacturing. Eliminating the MEP program seems contradictory to President Trump's focus on manufacturing.

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Being in Charge Doesn’t Make You a Leader

Tue, 18 Apr 2017 19:30:00 +0000

Organizations with a positive culture typically have effective leaders and effective followers. Both are essential in a successful organization.

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Trump Seeks Headway on 'Buy American, Hire American' Pledge

Tue, 18 Apr 2017 18:28:00 +0000

"For too long, rather than operating as designed and allowing only the best and brightest to come in and fill key positions, the H-1B nonimmigrant visa program has been administered in a way that harms American workers," a White House official said.

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VW Plots Tesla Attack with Four Affordable Electric Vehicles

Tue, 18 Apr 2017 17:02:00 +0000

Electric models are a cornerstone of Volkswagen’s effort to emerge from its diesel-cheating scandal and comply with tightening emission regulations across the globe.

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