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Timken to aquire Philadelphia Gear Timkin Share    
From May 31, 2011: The Timken Company today announced an agreement to acquire the assets of Philadelphia Gear Corp., a leading provider of high-performance gear drives and components with a strong focus on value-added aftermarket capabilities in the industrial and military marine sectors, for $200 million. More
Entrepreneur creates world's lightest, strongest steel — in less than 10 seconds Forbes Share
From June 14, 2011: A self-taught inventor named Gary Cola has developed a process for manufacturing steel that results in the creation of a product that's 7 percent stronger than the strongest steel — and 30 percent lighter. The steel is also incredibly ductile — meaning that it can crumple a great deal before reaching a breaking point. Even better? His heat-treating process only takes 10 seconds. More Timken buying Philadelphia Gear for $200 million American Machinist Share
From June 7, 2011: The Timken Company is buying Philadelphia Gear Corp. for $200 million, according to an agreement the two companies have reached. The deal will be completed during the third quarter of this year. It combines Timken's bearings and power-transmission products with Philadelphia Gear's high-performance gear drives and components, giving Timken proprietary PT knowledge of premium gear drives, replacement products and services for important energy and infrastructure markets. More
Black swan: 5 bold predictions for 2012 Seeking Alpha Share
From Dec. 13, 2011: A black swan event is a metaphor that explains in logical hindsight the reasoning to an unexpected event which has a major impact on society but should have been foreseen. Developed nations saw a black swan event — the 2007-2008 global financial crash — where the likes of AIG, Bear Stearns, Lehman Brothers, Fannie May, and Freddie Mac all collapsed under the immense pressure of a liquidity crunch. More How to manufacture jobs: A factory owner back from Asia offers 6 steps to revive America's industrial economy The Baltimore Sun Share
From July 26, 2011: Drew Greenblatt writes, "Despite formidable Asian competition, we have to remember what is good in the USA. Our manufacturers pay $73,000/year on average, plus rich benefits — we need even more of these jobs. Intellectual property is our secret sauce; we can out-innovate anyone, anywhere. And we still have the best political system: We settle disputes peacefully and rationally. Here is what I propose that our politicians in Washington do to leverage those advantages and help our manufacturers and other businesses grow." More
Obama signs patent overhaul bill Associated Press via Manufacturing.net Share
From Sept. 20, 2011: President Barack Obama signed into law a major overhaul of the U.S.patent system, a measure designed to ease the way for inventors to bring their products to market. "We can't afford to drag our feet any longer," the president said. Passed in a rare display of congressional bipartisanship, the America Invents Act is the first significant change in patent law since 1952. It has been hailed as a milestone that would spur innovation and create jobs. More Manufacturing at the crossroads Carlos M. Cardoso via IndustryWeek Share
From Aug. 23, 2011: Manufacturing in America is at a crossroads. Our business climate — including taxes, regulation costs and tariffs — puts U.S. manufacturers at an almost 18 percent competitive disadvantage relative to our major trading partners. Energy and raw materials cost are rising. Fewer young people are attracted to manufacturing as careers, and many Americans believe, erroneously, that U.S. manufacturing is disappearing. However, the truth is quite the opposite. More
It's make-or-break time for manufacturing The Washington Post Business Column Share
From Feb. 15, 2011: If you haven't seen the movie "The Company Men," you should — not just for the wonderful acting and John Wells's affecting story, but also for the important economic truth that it delivers. More Big machinery with global focus rebounds briskly The Washington Post Share
From Jan. 18, 2011: Still reeling from a terrible recession, the U.S. jobless rate is at a painfully high 9.8 percent, with housing starts near a record low and commercial construction languishing. But shares of a Peoria, Ill.-based maker of heavy equipment — the stuff used to build roads and apartment buildings and to mine copper — recently registered their highest closing ever. What gives? The spectacular recovery of Caterpillar offers four important lessons for investors. More
Wind energy breakthrough: Japan designs new wind turbine with triple the output of traditional models Oil Price Share
From Dec. 6, 2011: In light of recent events, Japan has been urged to pay more attention to renewable energy sources. Coincidentally, in the same month as one of the world's worst nuclear crises devastated Fukushima, an incredibly innovative wind turbine system revealed itself on Kyushu University's campus for field testing. With a promise to generate two to three times the power of traditional models, the new turbine designs exemplify the potential for a cleaner energy future in Japan and around the world, removed from the dangers of nuclear power plants. More
Japan's automakers extend shutdowns as quake impact widens Autoweek Share
From March 15, 2011: Japan's seven big automakers are extending nationwide production shutdowns amid growing concern about supply chain interruptions, power shortages and export difficulties following the massive earthquake and tsunami that hammered northern Japan, killing thousands. Toyota Motor Corp., one of the few automakers with a major manufacturing presence in the quake zone, suspended all manufacturing on Monday and extended the shutdown through at least Wednesday as an added precaution. More
Torque vectoring gears improve power yield of wind turbines AZo CleanTech Share
From March 1, 2011: The rotors deployed at the turbines rotate 12 to 16 rotations per minute and the generator that is connected to the rotor through a gearbox works at a variable speed matching the received wind speed. To overcome the problem of varying power, the alternating current from the generators are transformed into direct current utilizing giant rectifiers. Such transformed direct current is again changed back to alternating current to match the frequency of the grid. The dual conversion results in nearly 5% of energy loss. More
Ford to retire Crown Victoria; police vehicles will get a makeover StarNews Online Share
From April 19, 2011: If a cop has pulled you over anytime since 1992, chances are the officer was driving a Ford Crown Victoria. It has long been a defining symbol of police, one that proved its worth time and again in the fight against crime. Now, however, the United States will soon say goodbye to the sleek automobile that over the decades has grown into a staple of nearly every law enforcement fleet. More
Why manufacturing matters Harvard Business School Working Knowledge Share
From March 29, 2011: After decades of destructive outsourcing, America's ability to innovate and create high-tech products essential for future prosperity is on the decline, argue professors Gary Pisano and Willy Shih. They won the prestigious McKinsey Award for their July-August 2009 Harvard Business Review article, Restoring American Competitiveness, which lays out their views in detail. Despite their dire analysis, Pisano and Shih remain cautiously optimistic that the United States can regain its competitive footing. More |
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