Daily News For January 16, 2009

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Today's Daily News

Mexico Cuts Tariffs to Aid Manufacturing
Recession in the U.S. has significantly reduced demand for exports from Mexico. The country hopes lowered tariffs will help, in particular, to support its maquiladoras. Click to continue

Honda to Cut 3,100 Jobs in Japan
Will reduce production as well Click to continue

Booked Orders Down for Conveyor Manufacturing Industry
The Conveyor Equipment Manufacturers Association reported that its November 2008 Booked Orders Index was 94, down 40 points or a decrease of 30% from October 2008’s Index of 134. The November 2008 Index decreased 38% from the November 2007 Index of 151. Click to continue

Wescast Closing Ontario Foundry
Wescast Industries Inc. plans to close one of the two ductile iron foundries it operates in Wingham, ON, in order to reduce operating costs and to 'better align capacity with expected volume levels.' Click to continue

U.S. Steelmakers Claiming New Achievement in Energy Efficiency
'Substantial' reduction in the industry's aggregate CO2 emissions Click to continue

IndustryWeek Web Forum

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

10 Best (And 10 Worst) Jobs In America Today
"Manufacturing could be said as having also cracked the 10 worst list, with Welder -- described as 'Joins or repairs metal surfaces through the application of heat' -- ranking 8th of 10..." Click to continue

Blue Day for White Collars
"Large engine manufacturer Cummins Inc. proved today that not even executives and office workers are immune to the massive downsizing taking place in manufacturing worldwide..." Click to continue

Are Oil Prices Headed For Another Spike?
"Gilligan blames the instability in the oil markets as the result of speculators who profit from volatility..." Click to continue

Manufacturing Continues to Contract. What will the Recovery Look Like?
"The headlines are daunting..." Click to continue

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

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