Advertisement
Business
Subscribe to Business
View Sample

FREE Email Newsletter

ISM: Manufacturing Remains Strong Going Into 2015

January 6, 2015 10:23 am | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Articles | Comments

Economic activity in the manufacturing sector expanded in December for the 19th consecutive month, and the overall economy grew for the 67th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. Manufacturing expanded in December as the PMI...

Regulators Weigh Proposal to Close Part of New Mexico Plant

January 5, 2015 5:58 pm | by SUSAN MONTOYA BRYAN, Associated Press | News | Comments

New Mexico regulators began taking testimony Monday on a plan that calls for shutting down part of an aging coal-fired power plant that provides electricity to more than 2 million people in the Southwest. Dozens braved frigid temperatures to talk about asthma, cancer and other health concerns.

US Oil Falls Below $50 For 1st Time Since 2009

January 5, 2015 5:50 pm | by JONATHAN FAHEY, AP Energy Writer | News | Comments

The price of oil plunged again Monday and fell below $50 a barrel for the first time since April 2009 as evidence mounted that the world will be oversupplied with oil this year. The Energy Department estimates the drop in gasoline prices will save U.S. households $550 this year.

Advertisement

How Long Before Oil Prices Recover?

January 5, 2015 10:45 am | by Meagan Parrish, Editor, Chem.info | Videos | Comments

If you work in manufacturing, the free fall of gasoline prices has, in many ways, been a blessing: Feedstock and transportation costs are down, and consumer confidence is swinging way up. But of course, not everyone has been rejoicing. No matter where you fall in this mix of hope and dread, the main question is: How long will it last?

Carmakers Finish Strong in 2014, Are Even Better Days Ahead

January 5, 2015 10:07 am | by TOM KRISHER, AP Auto Writers; DEE-ANN DURBIN, AP Auto Writers | News | Comments

Buoyed by a resurgent economy, holiday sales, cheap gasoline and low interest rates, Americans headed to car dealers in droves last month, pushing full-year sales to what's likely to be the highest level since 2006. Fiat Chrysler, Nissan and Honda all reported strong December and annual U.S. sales early Monday, with Nissan and Honda hitting record numbers for the year.

Mississippi Groups Attack Carbon Dioxide Limits

January 2, 2015 3:58 pm | by JEFF AMY, Associated Press | News | Comments

Mississippi regulators and utilities are savaging the federal government's proposal to force Mississippi power plants to cut carbon dioxide emissions. In comments filed in December, leaders of utilities, state agencies and business groups called the U.S. Environmental Protection Agency's Clean Power Plan illegal, infeasible and economically unbearable.

Harvest Natural Cancels Deal to Sell Its Venezuela Interests

January 2, 2015 10:12 am | by Associated Press | News | Comments

Harvest Natural Resources cancelled the $275 million sale of its remaining assets in Venezuela after failing to garner approval from country's beleaguered government. Venezuela holds a 60 percent stake in Petroandina, a subsidiary of the Houston oil and gas company.

Mohave County Mine Laying Off Hundreds of Workers

December 30, 2014 1:54 pm | by Associated Press | News | Comments

A financially troubled copper mine in Mohave County is laying of hundreds of workers. The Today's News-Herald newspaper reports that the Mineral Park mine near Kingman sent layoff notices to more than 350 workers on Monday. The company has been attempting to tell the mine but a possible sale fell through.

Advertisement

Elmer Chocolate Expanding Ponchatoula Plant

December 30, 2014 1:49 pm | by Associated Press | News | Comments

The company said Tuesday the 70,000-square-foot addition will make it more efficient, versatile and competitive in the marketplace. The latest expansion will bring its total plant size in Ponchatoula, including administrative headquarters and distribution facilities, to nearly 400,000 square feet.

Eufaula Plant Expanding, Adding 20 Jobs

December 30, 2014 1:39 pm | by Associated Press | News | Comments

CARBO Ceramics in Eufaula is expanding and adding 20 jobs, who will join 75 who already work for at the Eufaula plant. The company makes products and provides services for oilfield service companies and operators of natural gas and oil wells.

Collateral Damage: US Renewables, Shale Fall Victim to Oil Prices

December 30, 2014 10:31 am | by Russia Today | Videos | Comments

Conventional oil producers are not the only ones affected by falling oil prices. The energy crisis has also hit shale production and green energy in the U.S., Marin Katusa, chief energy investment strategist from Casey Research told RT.

Why The US Will Power The World Economy in 2015

December 29, 2014 1:45 pm | by CHRISTOPHER S. RUGABER, AP Economics Writer | News | Comments

The United States is back, and ready to drive global growth in 2015. After long struggling to claw its way out of the Great Recession, the world's biggest economy is on an extended win streak that is edging it closer to full health. But the new year doesn't look quite so bright in other major countries.

Analysis: Questions Linger on Potential Metal Mill

December 29, 2014 11:07 am | by JEFF AMY, Associated Press | Articles | Comments

The strange recruitment of a potential $1.2 billion aluminum mill rolls on. American Specialty Alloys had promised to announce a site and a financing plan by the end of the year. The company now plans to publicly name a site in the first three months of 2015.

Advertisement

Mixed Reaction as Vermont Yankee Plant Shuts Down

December 29, 2014 10:03 am | by DAVE GRAM, Associated Press | News | Comments

Ellen Merkel says she gets "a little teary-eyed" when she thinks about the Vermont Yankee nuclear plant sending its last electrons to the regional power grid. She knows it will likely mean moving from her nice neighborhood in Vernon, where her husband works at the plant, to the South for a new job.

China Offers to Help Electricity-Starved Nepal

December 26, 2014 10:50 am | by Associated Press | News | Comments

China said Friday that it would help Nepal develop its power industry to alleviate severe electricity outages that can last up to 12 hours a day in the Himalayan nation, where Beijing is trying to increase influence and investment.

Agreement For Fertilizer Plant in American Falls

December 26, 2014 10:44 am | by Associated Press | News | Comments

An agreement has been reached to build a new $2 billion fertilizer plant in American Falls. ConAgra Foods and Magnida also announced an agreement on groundwater Tuesday, The Idaho Statesman reported. Construction on the new plant could begin in 2015.

Callaway Nuclear Plant Marks 30 Years

December 26, 2014 10:31 am | by Associated Press | News | Comments

The only commercial nuclear power plant in Missouri has turned 30 and is seeking to operate for another three decades. The Callaway Energy Center, which generates about 20 percent of Ameren Missouri's electricity for its 1.2 million customers, was granted a 40-year operating license in 1984.

The Winners And Losers of Plummeting Oil Prices

December 26, 2014 9:59 am | by CBS Evening News | Videos | Comments

For some, cheaper oil prices made long holiday trips possible. But for others whose bottom line is conneced to the oil industry, the decline is starting to take a toll. For people who's job depend on oil production, the talk is of layoffs and tough times ahead.

Walker Signs LNG Agreement With Japanese Company

December 24, 2014 10:39 am | by Associated Press | News | Comments

Alaska Gov. Bill Walker has signed an agreement with a Japanese energy company formally declaring a commitment to form a partnership in developing Alaska's liquefied natural gas market. Officials say Japanese prefectures have been considering LNG to replace nuclear energy following the shut down of the Fukushima nuclear power plant.

Ky. Public Service Commission OKs New $15M Filtration Plant

December 24, 2014 10:34 am | by Associated Press | News | Comments

The Kentucky Public Service Commission has authorized Kentucky-American Water Co. to replace a 90-year-old filtration facility in Lexington with a new one. The current plant was built in 1924 and last expanded in 1953.

Enbridge Oil Spill Settlement is $6.25M, not $6.75M

December 24, 2014 10:27 am | by Associated Press | News | Comments

A settlement over a 2010 oil spill in southwestern Michigan is worth $6.25 million, not $6.75 million as lawyers reported earlier in December. The company has estimated cleanup costs to be about $1.2 billion, including $227 million on environmental consultants.

Murray Energy Expanding Coal Prep Plant in Benwood

December 24, 2014 10:19 am | News | Comments

Murray Energy is expanding its coal preparation plant in Benwood. Construction of a new coal processing facility is underway at the Ohio County Coal Co. prep plant. The project is expected to be completed by late spring.

On Lead Bullets, Judges Rule Against Environmentalists

December 23, 2014 1:59 pm | by Associated Press | News | Comments

A federal appeals court has ruled against environmentalists who are trying to force the Environmental Protection Agency to regulate spent lead bullets and lead shot used in hunting and shooting sports.  The Toxic Substances Control Act exempts cartridges and shells from regulation.

Saudi Arabia Will Not Cut Oil Production

December 23, 2014 1:54 pm | by CNNMoney | Videos | Comments

Saudi Arabia's Oil Minister, Ali al-Naimi, tells John Defterios in an exclusive interview that his country is not conspiring to target U.S. and Russian oil producers by not cutting production. "I was the first minister to welcome the production of Shell Oil," he says.

Peek Inside Five Pawns' Liquid Vapor Manufacturing Facility

December 23, 2014 1:31 pm | by FivePawns | Videos | Comments

After years in the making, Five Pawns pulls back the curtain and reveals their state-of-the-art production facility. Check out the step-by-step process that produces a Five Pawns bottle and how they use cutting-edge technology in their manufacturing line. 

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading