Daily News For June 25, 2008

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Today's Daily News

Baosteel Agrees to Near-Double Price for Iron Ore
Baosteel Group, China's largest steelmaker with an annual capability estimated at 22.5 million metric tons, agreed to pay Rio Tinto plc up to 96.5% more for iron ore -- a decision certain to add intrigue to the booming global market for steelmaking raw materials. Click to continue

Matson Raises Fuel Surcharge
Maritime carrier Matson Navigation announced it would raise its fuel surcharge on Hawaii, Guam, and Micronesia services effective July 13, 2008. Click to continue

Johnson Medtech Opens Four New Cleanrooms in China
A new control manufacturing area will be built which includes design and engineering capabilities. Click to continue

Raymond Recognizes Lift Truck Dealers
At its recent dealer management meeting, the Raymond Corp. presented nine of its dealers with the Dealer of Distinction award and 10 dealers with its Dealer of Merit award. Click to continue

IndustryWeek Web Forum

Visit the IndustryWeek Forums -- an active online community discussing the latest in manufacturing. The forum is open!

Don't Fire Your Older Workers
"If you've got some workforce reductions in your future, you'd better start quantifying them, and quickly..." Click to continue

John McCain wants to give you $300 Million
"All you need to do is revolutionize the automobile." Click to continue

You Write the Cartoon Caption
What's going on by the pool? Click to continue

Alabama Not So Keen on Volkswagen?
"Volkswagen is staying tight-lipped about it all, saying that it is still evaluating whether to build a plant in the U.S..." Click to continue

Participate in this and other discussions at forums.industryweek.com.

Manufacturing Video

Best Plants Winners Interviews: Lockheed Martin Missiles and Fire Control at Orlando
In this session at the 2008 IW Best Plants Conference, Mel Schubert and Matthew McCloud from 2007 IW Best Plants winner Lockheed Martin Missiles and Fire Control at Orlando addressed how their efforts and others drive manufacturing excellence throughout their facilities. In this video you will see
  • What Lean looks like at Lockheed Martin (in minute 9)
  • How "Managing Your Own Goals and Choosing Your Own Metrics" breed success at Lockheead Martin (in minute 24)
  • Incentives for teams to help others (in minute 34)
  • About Lockheed Martin's Leadership Development Program (in minute 51)
  • and more, click to watch now

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