http://www.mfgdigital.co.uk/Manufacturing/ Manufacturing news for executives in the UK. Covering issues in economic growth and recession, manufacturing processes, globalisation, jit, emerging technology World No. 2 iron ore miner Rio Tinto Ltd/Plc is restarting its iron ore mines in western Australia after a two-week closure to cut production by about 10 percent due to lower demand from steel mills in China. http://www.mfgdigital.co.uk/Manufacturing/Rio-Tinto-restarts-Australian-iron-ore-mines_13958.aspx http://www.mfgdigital.co.uk/Manufacturing/Rio-Tinto-restarts-Australian-iron-ore-mines_13958.aspx Mon, 05 Jan 2009 09:38:42 GMT MFG Digital UK India's Tata group may have to pump in at least $1 billion (674,000 pounds) to revive premium brands Jaguar Land Rover that was bought by Tata Motors earlier this year, the Economic Times reported on Tuesday. http://www.mfgdigital.co.uk/Manufacturing/Tata-may-need-to-invest--1-billion-in-Jaguar_13576.aspx http://www.mfgdigital.co.uk/Manufacturing/Tata-may-need-to-invest--1-billion-in-Jaguar_13576.aspx Wed, 24 Dec 2008 05:27:03 GMT MFG Digital UK The U S Navy on Monday awarded a $14 billion (9 4 billion pound) contract to General Dynamics Corp and Northrop Grumman Corp for eight Virginia-class submarines, saying it had met a "nearly impossible" target of cutting the cost of each ship by $400 million http://www.mfgdigital.co.uk/Manufacturing/US-awards-GD-and-Northrop-submarine-deal_13575.aspx http://www.mfgdigital.co.uk/Manufacturing/US-awards-GD-and-Northrop-submarine-deal_13575.aspx Tue, 23 Dec 2008 08:26:02 GMT MFG Digital UK Several U S manufacturers added their names to the growing list of companies making job or benefit cuts to weather the global financial crisis http://www.mfgdigital.co.uk/Manufacturing/U-S--manufacturers-cut-jobs-and-pay_13569.aspx http://www.mfgdigital.co.uk/Manufacturing/U-S--manufacturers-cut-jobs-and-pay_13569.aspx Tue, 23 Dec 2008 07:31:02 GMT MFG Digital UK (Reuters) - Aerospace and defence industry supplier Esterline Technologies Corp said it will buy UK-based Racal Acoustics for about 115 million pounds to enhance its combat troop support equipment capability http://www.mfgdigital.co.uk/Manufacturing/Esterline-to-buy-Racal-Acoustics_13570.aspx http://www.mfgdigital.co.uk/Manufacturing/Esterline-to-buy-Racal-Acoustics_13570.aspx Tue, 23 Dec 2008 07:25:03 GMT MFG Digital UK NAGOYA, Toyota forecast a first-ever annual operating loss, blaming a relentless sales slide and a crippling rise in the yen in what it said was an emergency unprecedented in its 70-year history. http://www.mfgdigital.co.uk/Manufacturing/Toyota-may-cut-outlook-to-group-operating-loss_13520.aspx http://www.mfgdigital.co.uk/Manufacturing/Toyota-may-cut-outlook-to-group-operating-loss_13520.aspx Tue, 23 Dec 2008 03:42:00 GMT MFG Digital UK India's Tata Motors has agreed to inject "tens of millions" of pounds into Jaguar Land Rover to prevent an immediate cash flow crisis, the Financial Times reported on Monday. http://www.mfgdigital.co.uk/Manufacturing/Tata-to-inject--tens-of-millions--into-Jaguar_13513.aspx http://www.mfgdigital.co.uk/Manufacturing/Tata-to-inject--tens-of-millions--into-Jaguar_13513.aspx Tue, 23 Dec 2008 03:41:02 GMT MFG Digital UK The Australian arm of General Motors said on Monday it would build the first fuel-efficient small car in decades after securing government funding and as GM moves onto taxpayer-backed life-support in the United States. http://www.mfgdigital.co.uk/Manufacturing/Australia-General-Motors-unit-to-build-small-car_13514.aspx http://www.mfgdigital.co.uk/Manufacturing/Australia-General-Motors-unit-to-build-small-car_13514.aspx Mon, 22 Dec 2008 14:43:22 GMT MFG Digital UK The Australian arm of General Motors said on Monday it would build the first fuel-efficient small car in decades after securing government funding and as GM moves onto taxpayer-backed life-support in the United States. As sales of large-engine family cars traditionally favoured by Australians slide amid tough financial conditions and global warming fears, GM's Holden said it would build a small f http://www.mfgdigital.co.uk/Manufacturing/Australia-General-Motors-unit-to-build-small-car_13516.aspx http://www.mfgdigital.co.uk/Manufacturing/Australia-General-Motors-unit-to-build-small-car_13516.aspx Mon, 22 Dec 2008 10:02:15 GMT MFG Digital UK South Korea's Hyundai unveiled on Monday additional measures to cut output and save costs, including shorter working hours at a plant that manufactures its core Sonata and Grandeur sedan models http://www.mfgdigital.co.uk/Manufacturing/Hyundai-Motor-cuts-hours-further-on-weak-sales_13522.aspx http://www.mfgdigital.co.uk/Manufacturing/Hyundai-Motor-cuts-hours-further-on-weak-sales_13522.aspx Mon, 22 Dec 2008 07:26:13 GMT MFG Digital UK President George W. Bush bailed out U.S. carmakers on Friday with $17.4 billion (11.6 billion pounds) in emergency loans as he sought to stave off a collapse that would have cost hundreds of thousands of jobs. http://www.mfgdigital.co.uk/Manufacturing/GM-and-Chrysler-seen-near-loan-deal_13428.aspx http://www.mfgdigital.co.uk/Manufacturing/GM-and-Chrysler-seen-near-loan-deal_13428.aspx Mon, 22 Dec 2008 02:32:03 GMT MFG Digital UK The government is considering whether help should be given to struggling car makers, but there will not be widespread industrial bailouts, business minister Peter Mandelson said on Wednesday http://www.mfgdigital.co.uk/Manufacturing/Government-considering-if-car-makers-need-help_13275.aspx http://www.mfgdigital.co.uk/Manufacturing/Government-considering-if-car-makers-need-help_13275.aspx Thu, 18 Dec 2008 06:32:58 GMT MFG Digital UK Nissan Motor Co Ltd said on Wednesday it will cut its domestic output for the business year to March by an additional 78,000 units, starting in January, in response to a continued decline in global car sales http://www.mfgdigital.co.uk/Manufacturing/Nissan-to-cut-domestic-output-by-78-000-from-January_13218.aspx http://www.mfgdigital.co.uk/Manufacturing/Nissan-to-cut-domestic-output-by-78-000-from-January_13218.aspx Wed, 17 Dec 2008 08:42:44 GMT MFG Digital UK The White House said on Tuesday it would not be rushed into giving a lifeline to U.S. automakers, while a 26 percent drop in European sales plus production cutbacks showed the industry in global decline. http://www.mfgdigital.co.uk/Manufacturing/Carmakers-cut-output-as-sales-fall_13148.aspx http://www.mfgdigital.co.uk/Manufacturing/Carmakers-cut-output-as-sales-fall_13148.aspx Tue, 16 Dec 2008 23:49:46 GMT MFG Digital UK Xstrata has shut down half its coking coal production at a mine in Australia, the latest cutback by miners in the country as a slowdown in global steelmaking slashes demand for coal and other raw materials http://www.mfgdigital.co.uk/Manufacturing/Xstrata-shuts-half-of-Australia-coking-coal-mine_13134.aspx http://www.mfgdigital.co.uk/Manufacturing/Xstrata-shuts-half-of-Australia-coking-coal-mine_13134.aspx Tue, 16 Dec 2008 08:33:23 GMT MFG Digital UK Siemens will pay just over $1 3 billion (862 million pounds) to settle corruption probes in the United States and Germany, it said on Monday, ending two years of uproar that rocked the German engineering conglomerate http://www.mfgdigital.co.uk/Manufacturing/Siemen-pays--1-3-billion-to-settle-corruption-probes_13103.aspx http://www.mfgdigital.co.uk/Manufacturing/Siemen-pays--1-3-billion-to-settle-corruption-probes_13103.aspx Tue, 16 Dec 2008 07:34:25 GMT MFG Digital UK India's Tata Steel is to merge its British unit Corus, formerly known as British Steel, in a cost-cutting move that could threaten thousands of jobs, a Sunday newspaper reported http://www.mfgdigital.co.uk/Manufacturing/Tata-seen-merging-Corus-to-cut-costs_13019.aspx http://www.mfgdigital.co.uk/Manufacturing/Tata-seen-merging-Corus-to-cut-costs_13019.aspx Mon, 15 Dec 2008 00:20:01 GMT MFG Digital UK A proposed bailout of U.S. automakers failed in the Senate on Thursday night, raising the spectre of an industry collapse that sent Asian markets reeling and sparked fears it could deepen the recession. http://www.mfgdigital.co.uk/Manufacturing/Car-bailout-plan-advancing-towards-U-S-vote_12762.aspx http://www.mfgdigital.co.uk/Manufacturing/Car-bailout-plan-advancing-towards-U-S-vote_12762.aspx Fri, 12 Dec 2008 12:19:33 GMT MFG Digital UK Defence contractor BAE Systems on Thursday refused to rule out further job losses after the government said it was reviewing plans for 16 billion pounds worth of military vehicles http://www.mfgdigital.co.uk/Manufacturing/BAE-may-cut-more-jobs-after-MoD-announces-review_12847.aspx http://www.mfgdigital.co.uk/Manufacturing/BAE-may-cut-more-jobs-after-MoD-announces-review_12847.aspx Fri, 12 Dec 2008 06:33:29 GMT MFG Digital UK Union members working for steelmaker Corus in Britain have not agreed to any pay cuts and negotiations continue, a spokeswoman for the GMB trade union told Reuters on Thursday. http://www.mfgdigital.co.uk/Manufacturing/Corus-talks-continue-after-pay-cut-offer_12836.aspx http://www.mfgdigital.co.uk/Manufacturing/Corus-talks-continue-after-pay-cut-offer_12836.aspx Thu, 11 Dec 2008 18:46:28 GMT MFG Digital UK Global miner Rio Tinto, saddled with nearly $40 billion (27 billion pounds) in net debt, said it would cut 13 percent of its workforce, slash capital spending by more than half and sell more assets as it battles a collapse in commodity prices http://www.mfgdigital.co.uk/Manufacturing/Rio-Tinto-to-cut-14-000-jobs_12772.aspx http://www.mfgdigital.co.uk/Manufacturing/Rio-Tinto-to-cut-14-000-jobs_12772.aspx Wed, 10 Dec 2008 23:39:26 GMT MFG Digital UK South African investment company Winhold Ltd has reported record results with some sectors increasing operating profit by 96 5 percent http://www.mfgdigital.co.uk/Manufacturing/Winhold-Ltd-reports-record-results_12726.aspx http://www.mfgdigital.co.uk/Manufacturing/Winhold-Ltd-reports-record-results_12726.aspx Wed, 10 Dec 2008 10:55:23 GMT MFG Digital UK The head of European aerospace group EADS said on Tuesday that its planemaker Airbus would be unable to avoid the impact of global financial turmoil, although there was "no reason to panic " http://www.mfgdigital.co.uk/Manufacturing/EADS-s-Gallois-sees-crunch-hitting-industry-in--09_12689.aspx http://www.mfgdigital.co.uk/Manufacturing/EADS-s-Gallois-sees-crunch-hitting-industry-in--09_12689.aspx Tue, 09 Dec 2008 22:01:33 GMT MFG Digital UK Vehicle sales in emerging markets won't compensate for plunging markets elsewhere, car and truck makers indicated on Tuesday, as they applied the brakes to plans in India and South America. http://www.mfgdigital.co.uk/Manufacturing/Car-makers-cut-output_12590.aspx http://www.mfgdigital.co.uk/Manufacturing/Car-makers-cut-output_12590.aspx Tue, 09 Dec 2008 14:18:35 GMT MFG Digital UK Industrial output fell at its sharpest pace in nearly six years in October and revisions to previous months' data could mean the economy shrank even faster in the third quarter than initially thought. http://www.mfgdigital.co.uk/Manufacturing/Industrial-output-falls-sharply_12654.aspx http://www.mfgdigital.co.uk/Manufacturing/Industrial-output-falls-sharply_12654.aspx Tue, 09 Dec 2008 12:50:40 GMT MFG Digital UK Automotive engineering firm Wagon is expected to appoint administrators within days for its UK operations, a source close to the situation told Reuters, confirming a report in the Sunday Times http://www.mfgdigital.co.uk/Manufacturing/Wagon-to-reportedly-appoint-administrators-for-UK-operations_12546.aspx http://www.mfgdigital.co.uk/Manufacturing/Wagon-to-reportedly-appoint-administrators-for-UK-operations_12546.aspx Mon, 08 Dec 2008 02:04:22 GMT MFG Digital UK The United States haemorrhaged more than half a million jobs in November, data showed on Friday, and Germany became the latest country to approve an emergency stimulus package as the global economy slipped deeper into crisis. http://www.mfgdigital.co.uk/Manufacturing/Global-recession-pummels-Asia-factories_12143.aspx http://www.mfgdigital.co.uk/Manufacturing/Global-recession-pummels-Asia-factories_12143.aspx Sun, 07 Dec 2008 15:00:21 GMT MFG Digital UK