GM Says it Doesn't Need $2 Billion from Government

General Motors Corp.’s chief financial officer says the company will not need the $2 billion loan installment for March that it requested from the U.S. government in February. CFO Ray Young said Thursday in an interview with The Associated Press that GM told the Obama administration it won’t need the money so soon because its cost cuts are starting to take hold. More

Industry Hopes to Retool

While machines quiet and unemployment lines grow, officials said industrial parks aren't dead, and companies are taking steps to survive in the difficult environment. It will look different, but diversifying and capitalizing on emerging industries could help manufacturing endure. More

Cracks in Auto Supply Chain Spreading

The automotive supply chain is at a breaking point with no cash, no credit, no decision on a request for $18.5 billion in federal aid -- and a lot of bills to pay. "With the industry being down, our biggest concern is the health of the suppliers," Ford Motor Co. Chief Executive Alan Mulally said Friday. More

Ford, Chrysler Knock GM-CAW Deal

The new labor deal between General Motors and the Canadian Auto Workers union, ratified Wednesday, is coming under attack from Detroit rivals Chrysler and Ford Motor -- and signaling that contentious negotiations could be on the horizon. More

Bonfiglioli Opens Helical Drive Facility in Sydney

Bonfiglioli says it is now assembling advanced low-maintenance helical drives in Australia. The company has commissioned a complete assembly and testing line in Sydney dedicated to HDP parallel shaft and HDO bevel helical drives. The new Bonfiglioli line will assemble gear drives from 14,000 to 125,000 Nm, cutting delivery times out of Europe by more than half. More

New Guide to Powder Metallurgy Standards to be Published

The European Powder Metallurgy Association (EPMA) is producing a new guide to EU Legislation and Environmental Health and Safety in the European PM Industry, 2009 edition (EHS). The original EHS Guide was first published by the EPMA in 1991. This new edition, the seventh in the series, has been prepared by PM specialists, especially for the EPMA and is considered to be a total revision from the previous edition. More

Boeing: Taking Flight

"This is not rocket science," says Mark Calkins, a maintenance organization senior manager for Boeing, a company that knows plenty about rocket science. Calkins isn't out to put a man on the moon - or even at cruising altitude. He simply wants his crew of 170 crafts professionals, and those who rely on them, to think differently about maintenance and reliability. More