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U.S. industrial production rose 0.7 percent in September
Reliable Plant Magazine Share    
Industrial production rose 0.7 percent in September after an upwardly revised gain of 1.2 percent in August, the Federal Reserve Bank announced. For the third quarter as a whole, output advanced at an annual rate of 5.2 percent, the first quarterly gain since the first quarter of 2008 and the largest gain since the first quarter of 2005. MORE
Analyst predicts a win for GM
The Detroit Free Press Share
General Motors' U.S. retail market share is being projected to climb 3.3 percentage points this month over the past three months' average. Such a feat would be a win for GM and could help silence some industry doubters who have questioned assumptions GM used in crafting its turnaround
plan. More
Bullish predictions for aerospace and defense ETFs
Seeking Alpha Share
While there are great concerns about the Obama administration's views towards military spending, many external threats seem unlikely to dissipate in the coming decade, meaning that the aerospace and defense sector may be one of the most stable American industries. Since military goods are
among the few products that are still made primarily on American soil, many are looking to this sector to help American industry survive the current downturn. More
Automakers are using more recycled materials
The Detroit News Share
Detroit's automakers are finding new uses for
worn-out jeans, discarded plastic bottles and manufacturing rubbish - they're recycling them for use in new vehicle parts. With the rage over going green hitting the marketplace, auto companies are looking for ways to make their vehicles more sustainable, not just under the hood but behind the wheel. More
Destocking continues at US and Canadian steel service centers
Steel Guru Share
The latest Metals Activity Report from Metals Service Center Institute shows that, with steel shipments from metals
service centers slowly rising, inventories of the metal, in decline since early last year, rose slightly in the United States and Canada. Shipments of aluminum products also rose slightly, but inventories of the light metal continued to decline in both countries. September shipments of steel products from US metals service centers totaled about 2.56 million tons, down by 31.4 percent MoM but ever so slightly higher than August shipments.
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Innovative Rack and Gear Company has added a Saikuni HR-2000 CNC rack milling machine to our gear rack manufacturing capabilities.
The HR-2000 is capable of hard-milling rack teeth after heat treatment with hardnesses up to 60 Rc, producing tooth finishes and accuracies
comparable to rack grinding. MORE
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GM support for Opel sale to Magna tested by EU concerns over German aid
The Wall Street Journal Share
General Motors Co., looking to finalize the sale of its Opel unit to Magna International Inc. as soon as midweek, may need to revisit the bidding process that led to the sale of its German unit after the European Union raised fresh concerns about that process, according to people familiar
with the matter. While the auto maker continues to prefer a sale to Magna, GM executives are prepared to move to its Plan B if that deal should fall through, these people said. More
Harley-Davidson turns out the lights on Buell and its future?
OneWheelDrive.Net Share
Harley-Davidson has announced that it will discontinue production of Buell motorcycles permanently by Oct. 30.
Harley-Davidson is also divesting itself of MV Agusta, the Italian sport bike company it purchased last year. More
Mitsubishi announces wind turbine plant in Arkansas
Today's THV Share
Mitsubishi Power Systems Americas, Inc. (MSPA), announced its intention to build a wind turbine manufacturing
facility in Fort Smith, Arkansas. MPSA plans to invest approximately $100 million in the project, which could employ as many as 400 people. "We are very excited to announce today the future MPSA Wind Turbine manufacturing site in Fort Smith, Arkansas," said Koji Hasegawa, President and CEO of MPSA, based in Lake Mary Florida. More
Volkswagen reportedly still interested in Ducati
Luxist Share
Rumors of a possible motorcycle brand for
Volkswagen aren't anything new. It's a well-known fact that Ferdinand Piech, Chairman of Volkswagen's Board, wishes that the German automaker had purchased Ducati back in 1985 when the Italian bike manufacturer was in dire financial shape. As recently as last year, Piech - himself a Ducati rider even at age 72 - commented that Volkswagen could still purchase an unnamed motorcycle manufacturer if the conditions were right. More
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X-R-I Testing provides nondestructive testing services from full-service locations in Troy, Michigan and Cleveland, Ohio, including traditional and digital radiography, magnetic particle inspection, liquid penetrant inspection, ultrasonic inspection, ultrasonic immersion cleaning, vapor de-greasing, de-scaling,
passivation, etching prior to penetrant inspection, macro etch and temper (nital) inspection. NADCAP, ISO 9002 and AS9100 accredited. MORE
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