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Cutting costs with energy auditing The Fluke Corporation via Reliable Plant Magazine Share ![]() ![]() ![]() ![]() "Using energy efficiently is cool again," says Paul Twite, referring to the current high cost of energy. Twite is a power quality engineer, a Level II certified thermographer and a co-owner of 24-7 Power, an electrical consulting and engineering service company in the business of helping other companies discover and fix their energy inefficiencies. 24-7 Power is also a full-service manufacturers' representative for many of the instruments Twite uses in energy audits. More
National Association of Manufacturers Monday economic report NAM Share ![]() ![]() ![]()
Last week's economic news continued to show the economic recovery gaining steam, with nine of the 11 major economic reports improving. The report contained a number of important indicators on manufacturing, consumer spending, the global economy and the housing market. Improvements took place across the board. For the manufacturing sector, not only did overall production rise for a ninth consecutive month in March, but several regional surveys for April showed conditions
continuing on an upward path. Manufacturing production increased at an average annual rate of 7.4 percent over the past three quarters, with production in durable industries outpacing nondurable industries.
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Iron ore re-pricing causes hike in steel costs ICM Share ![]() ![]() ![]()
The global steel industry is facing increasing pressure to hike its prices as the negotiation of iron ore contracts is tightening supply for commercial construction projects. It is understood that steel prices could rise by about a third in 2010, as steelmakers in countries such as Japan and China have been forced to absorb the cost of raw materials. More Daimler Trucks announces new contracts for three U.S. manufacturing plants The Trucker Share ![]() ![]() ![]()
Daimler Trucks North America April 18 announced new three-year collective bargaining agreements for three of its U.S. manufacturing plants. The contracts cover employees in the company's Mt. Holly and Cleveland Truck Manufacturing Plants, and Gastonia Components and Logistics Plant. Plant workers in all three facilities are represented by the United Auto Workers (UAW). More
Senators outline priorities to promote U.S. manufacturing through energy legislation North American Wind Power Share ![]() ![]() ![]()
Nine U.S. senators have written to Sens. John Kerry, D-Mass.; Joseph Lieberman, I-Conn.; and Lindsay Graham, R-S.C., calling for provisions to address manufacturing competitiveness that must be included in clean energy legislation. The letter, led by Sen. Sherrod Brown, D-Ohio, outlines essential provisions the senators believe are necessary for clean energy legislation that will strengthen American manufacturing competiveness, create new opportunities for clean energy jobs and create a level playing field for domestic manufacturers. More European carriers seek ash-loss aid, return to flying Bloomberg via BusinessWeek Share ![]() ![]() ![]()
British Airways Plc said European carriers are seeking compensation as unprecedented airspace closings following the volcanic eruption in Iceland cost the industry an estimated $300 million a day in lost sales. Airlines have asked national governments and the European Union for financial payments, Chief Executive Officer Willie Walsh said in a statement, adding that money was paid after the Sept. 11 terror attacks on the U.S. "and clearly the impact of the current situation is more considerable." More Dana, Bosch to form transmission joint venture The Associated Press via IndustryWeek Share ![]() ![]() ![]()
Automotive parts makers Dana Holding Corp. and Bosch Rexroth AG on April 16 said they are forming a joint venture to produce drive transmissions for off-highway vehicles. More One manufacturer making it work The Providence Journal Share ![]() ![]() ![]()
You would not think you'd find a company like George Matouk's anywhere in America, let alone the Northeast. It's a textile factory in Fall River, the kind that was supposed to be gone by now. But Matouk, 40, runs a sizable operation — 70 employees — making luxury sheets and towels, and it's proof that in a "flat," competitive world, traditional manufacturing can thrive at home. More Manufacturers report significant improvement Agence France-Presse via IndustryWeek Share ![]() ![]() ![]()
Emerging optimism prevails in the manufacturing sector that the 'Great Recession' is finally turning to recovery, according to the quarterly Manufacturers Alliance/MAPI Survey. The March 2010 composite index rose to 78 percent from 57 percnt reported in the December 2009 report, representing the highest level since the June 2004 survey registered 80 percent, and marks the second straight quarter it has reached 50 percent or above. More Strong Europe car sales data hides imminent dive The Detroit News Share ![]() ![]() ![]()
After a sturdy but subsidy-induced first quarter for European car sales, the market is about to turn nasty and Ford and GM's European subsidiaries are poles apart as they prepare for the debacle. Experts don't expect healthy conditions to return anytime soon. More The woes of big wind power Energy Matters Share ![]() ![]() ![]()
Compared to the environmental impact of fossil fuel sources and even nuclear power, issues with harvesting wind energy may seem relatively minor, but large scale wind farms run into more than their fair share of red tape when attempting to get established. More It's 2010: Do you know where your millenials are? IndustryWeek Share ![]() ![]() ![]()
Smart employers are tuning in to their best and brightest young employees now to make sure they will be able to effectively recruit and retain Millennials in the future. For the Millennials, the bad economy may have pushed the "pause" button on career advancement, but they plan on pushing "fast forward" once things improve. More Toyota agrees to pay $16.4-million fine The Detroit Free Press Share ![]() ![]() ![]()
Toyota agreed today to pay a $16.4-million fine to the U.S. government for delaying the recall of 2.3 million vehicles with a defect that could trigger sudden acceleration. The move will fuel the scores of lawsuits pending against the Japanese automaker in the United States over thousands of sudden acceleration claims and defects linked to nearly 40 deaths. It will also not spare Toyota from facing additional fines by the National Highway Traffic Safety Administration or probes by the U.S. Securities and Exchange Commission. More
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