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Manufacturers' R&D Tax Credit can help fill credit void Paradigm Partners for Reliable Plant Magazine Share     There's no secret that the lack of credit for businesses is hurting our economy and the unemployment situation. Many companies will just have to wait until the banks begin lending again — however some companies may have an opportunity for a cash windfall to temporarily get them past the credit freeze. What if you could get cash back with interest from the IRS within 120 days, would that help? What if that extra cash back ranged from the tens of thousands to the hundreds of thousands of dollars? More
National Association of Manufacturers Monday economic report NAM Share
 Last week's economic news was again a field of green, with three of the four major economic reports improving. The number of reports out last week was few in number and mainly focused on the service sector of the economy. The Institute for Supply Management's survey of the non-manufacturing business sector improved for a
third consecutive time in March, reaching a level of 55.4. This is the highest level since mid 2006 and is an early sign that the economic recovery may be broadening.
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AWEA releases U.S. wind industry annual market report AWEA Share
The U.S. wind energy industry is expanding as established industry leaders maintain their top position and manufacturing continues to grow albeit at a slower rate than in 2008, according to the annual wind industry market report released today by the American Wind Energy Association. This year's report features new categories for offshore wind power and educational and training programs, as well as expanded information under previously existing categories such as manufacturing and project updates. More In Toyota awsuits, evasion becomes tactic The Associated Press via Manufacturing.net Share
Toyota has routinely engaged in questionable, evasive and deceptive legal tactics when sued, frequently claiming it does not have information it is required to turn over and sometimes even ignoring court orders to produce key documents, an Associated Press investigation shows. In a review of lawsuits filed around the country involving a wide range of complaints, the automaker has hidden the existence of tests that would be harmful to its legal position and claimed key material was difficult to get at its headquarters in Japan. More Committee reluctant to mark end of recession The Wall Street Journal Share
The committee of academic economists that dates the beginning and end of recessions said it isn't ready to put an end date on the recession that started in December 2007. The National Bureau of Economic Research's Business Cycle Dating Committee said Monday, "Although most indicators have turned up, the committee decided that the determination of the trough date on the basis of current data would be premature." More
What China's trade deficit means Time's The Curious Capitalist Blog Share
China posted a trade deficit — no, that's not a typo — in March, of $7.2 billion. That's the first monthly deficit since 2004. It couldn't come at a more auspicious time, for China that is. Beijing is in the middle of a tug-of-war with Washington over the value of its currency, and the deficit takes a bit of steam out of the American position that the yuan is grossly undervalued. More Geely eyes Volvo break even in fourth quarter Reuters Share
Chinese carmaker Geely Automobile Holdings said Volvo, which it is in the process of buying, could break even as early as the fourth quarter, after posting a surprise drop in its own second-half earnings. "The market was expecting growth, so to see a fall in profit is disappointing for some funds," said Peter Lai, director at DBS Vickers, adding the stock still remained a good medium-term buy. More UN climate talks 'fracturing" as decision delayed Bloomberg Share
Negotiators at United Nations climate talks put off a decision on how to treat a U.S.-brokered agreement on global warming, reducing the chances for a new plan on limiting emissions of greenhouse gasses after 2012. More Ford ups forecast for new engines The Detroit Free Press Share
Ford is to announce that it expects to be producing 1.5 million of its direct-injection, turbocharged EcoBoost engines globally by 2013. That's about 200,000 more than the company's earlier forecast. Although Ford has plans to produce a variety of hybrid electric, plug-in electric and electric cars, the company's EcoBoost engines are to remain a cornerstone of its fuel efficiency effort for years to come. More Renault, Nissan, Daimler join to manufacture electric cars IndustryWeek Share
A new partnership aimed at saving billions of dollars and accelerating sales of pollution-light electric cars was created by Renault, Nissan and Daimler, the companies announced. The companies said they had agreed to develop Renault-Nissan engines for use in the Smart and Renault Twingo, to be adapted and modified with Mercedes-Benz characteristics for new premium compact cars. More
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