MDNA Bi-weekly
May. 28, 2013

Auction reports

The 2013 1st Quarter Auction Report is now available. It can be downloaded in Excel format or viewed by visiting the MDNA back office.More

The Abbott-DiPaolo Chapter Challenge

The 2012-2013 Abbott-DiPaolo Chapter Challenge ended on March 30. The Chapter Challenge turned out to be a huge chapter build and was very successful. The winning division was Division II — Chicago, New York/New Jersey and Southeast chapters. Congratulations to the Chicago Chapter for earning the most individual chapter points.More

New Chapter Challenge
The Chapter Challenge has been extended for another year. However, the divisions have been rearranged so that different chapters can work together. The new chapter challenge divisions are:

Division I - Chicago, Southwest, New England
Division II - Detroit/Toledo, European, Ohio Valley
Division III - West Coast, Milwaukee/Minneapolis, New York/New Jersey
Division IV - Cleveland, Canada, Philadelphia, Southeast

MDNA began tallying chapter challenge points April 1. More

Ray Roberts Raffle for the Austin D. Lucas Scholarship Fund

Congratulations to Ryan Haas, the lucky winner of the $10,000 prize in the Ray Roberts Raffle for the Austin D. Lucas Scholarship Fund. Chris Walker/Canadian Chapter received $500 for selling the winning ticket. We would also like to congratulate Jeremy Shuster, the son of MDNA President Ron Shuster, who won $2,000; U.S. Equipment Co., who won $1,500; and John Lawton,, who won $1,000. Thank you to everyone who bought and sold tickets. The students and their parents appreciate your support of the Scholarship Fund.More


Share your industry experience. AMEA is looking for article submissions to use in the upcoming editions of the AMEA Appraiser Newsletter. This is a great way to earn up to four hours of continuing education credit.More

Auction reports
The 2013 1st Quarter Auction Report is now available. It can be downloaded in Excel format or viewed by visiting the MDNA back office.More

3-D technology quickly reshapes manufacturing
The Chicago Tribune via The Columbus Dispatch
As CEO of Chicago-based Inventables, an online retailer of materials for product designers and artists, Zach Kaplan is finding new customers among small businesses and budget-strapped hardware startups. More

MDNA 72nd Annual Convention
"Best Ever, Historic, Moving, Supportive and Wonderful" are all words to describe this year’s convention in Boston. All possible thanks to the strong will of attendees and the generosity of our sponsors. Look for complete coverage of this great event, coming soon. More

Invest in American manufacturing? 5 charts for your business decision
Is manufacturing a good bet in America these days? The talk about reshoring, in which companies return to the United States those operations that they had previously located in a foreign country, is spurring renewed interest in factories here. Let's roll through five key points about the outlook for manufacturing.More

Melco drives slump on manufacturing data
Chinese stocks listed in the U.S. tumbled to the lowest in three weeks, led by Melco Crown Entertainment Ltd., and China Unicom Hong Kong Ltd., as a report showed manufacturing in the world's second-largest economy contracted for the first time in seven months. The Bloomberg China-U.S. Equity Index of the most-traded Chinese stocks in the U.S. slid 1.3 percent to 92.64 in New York, the lowest since May 3. Casino operator Melco Crown declined to a one-month low and China Unicom, the nation's second-largest mobile-phone company, sank the most since January.More

Kansas City Fed manufacturing unexpectedly turns positive
Business Insider
The Kansas City Fed's latest report on regional manufacturing conditions is out. The headline index unexpectedly turned positive, climbing to +2 from -5 in April. Any reading above 0 on the index indicates expansionary conditions, so this is good news.More

EU plans $6.4 billion effort to boost chip manufacturing
The European Commission announced plans to spend 5 billion euros ($6.4 million) over the next seven years to try to spur microprocessor manufacturing in the European Union. The funds, which the E.C. said will be matched by the same amount coming from the private sector, are designed to enable Europe to double its share of chip manufacturing and thereby help other industrial sectors that are embracing electronics.More