MDNA Bi-weekly
Sep. 18, 2012

2012 IMTS/MDNA/Chicago Chapter Meeting and Dinner was Huge Success
MDNA

          
(pictured left to right) MDNA President Paul Lashin, CEA, Richard Goldstein, AEA and John Hyman

With 240 attending the Chicago Chapter meeting and dinner, it was the single largest chapter event in many years. The credit for this great networking event is shared with the Chicago chapter members, the great sponsors and the Chicago chapter officers lead by Chairman Bob Yeoman. Thanks to a record amount of sponsorships the evening included a hosted bar and a great steak dinner. The three highlights of this evening were the great networking that this event allows, the Chapter Challenge Naming Rights Auction, and the very special award.More

MDNA September Committees and Board Meeting
MDNA
MDNA board and committees met in Chicago during the IMTS Show from Sept. 9-11. MDNA also exhibited at the show and the leads and the board report will be forwarded to all members as soon as available. Click on the links below for currently available wants and for sales.

Cleveland wants & for sales

Board meeting wants & for salesMore

MDNA 2013 Buyer's Guide
MDNA
The official deadline for the MDNA 2013 Buyer's Guide has passed. MDNA members who are interested in taking out an ad or taking advantage of your free or paid listings need to do so this week.More

Manufacturing in US Shrank in August for 3rd Month
Bloomberg Businessweek
Manufacturing in the U.S. contracted for a third month in August, the longest slide since the recession ended and a sign the expansion is at risk of losing a source of strength. The Institute for Supply Management's factory index fell to 49.6, the lowest since July 2009, from 49.8 in July, the Tempe, Arizona-based group said. Economists in the Bloomberg survey projected an August reading of 50, which is the dividing line between expansion and contraction. Measures of orders, production and employment were the weakest since 2009.More

Northeastern University Study: Manufacturing Poised for Promising Future
The Boston Globe
After decades of losing factory and assembly line jobs, manufacturing is poised for a promising future in Massachusetts, thanks to corporate investments in cutting-edge technologies and skilled workers who are churning out high-end products faster and cheaper than ever here, a new study says.More

US Machinery Manufacturers Finding Success in Exports
Manufacturing Digital
Exports of U.S.-built agricultural machinery rose by 29 percent (a total of $7.2 billion) in the first half of 2012, with construction machinery rising by almost the same amount, 24 percent (a total of $13.7 billion), according to data from the U.S. Commerce Department.More

Japan Machine Orders Beat Forecast, Abate Policy Pressure
Reuters
Japan's core machinery orders, an indicator of future capital spending, rose far more strongly than expected in July, giving some respite to policymakers under pressure to prop up the world's third-largest economy after several weak data. The second consecutive monthly rise in core orders signaled rebuilding in the quake-ravaged northeast was underpinning capital spending, but Europe's debt crisis and slowing Chinese and U.S. economies cloud the outlook.More

Auctioneers Feel the 'Pawn Stars' Effect
Akron Beacon-Journal
Auctioneer Jack Kiko said he really started noticing it this spring. Bidders yelling, "Yuuup!" Someone telling a winner to "Go pay the lady." The term "picker" dropped more frequently into conversations. The jargon is one way Kiko can tell his industry is feeling the effect of numerous reality TV shows that deal with dusty treasures hidden in America's attics, basements, garages and storage units.More

7 Caution Signs When Buying Used Equipment
ForConstructionPros.com (blog)
It's no surprise that over the last few years the economy has been a driving factor influencing construction equipment ownership. Many contractors have been repairing and holding onto machinery longer. Many contractors have migrated from buying new equipment to buying used. If you're in the used equipment buying (or selling) market, what should you be looking for before purchasing a used machine? Do you know what signs may indicate you proceed with caution or what might be a red flag for the purchase?More

Iron Ore, Copper Price Plunge Signals Global Industrial Slowdown
The Desert Sun
Since time immemorial, such major building-related raw materials as iron ore, copper, lead, zinc, nickel and tin have provided a relevant insight into the fortunes of global construction and industrial production. Although influenced by such extraneous factors as global currency relationships and world trade, the main factors influencing such globally priced metals are ongoing supply/demand, and futures trading impact, as perceived by moves on the global trading marts.More

'Everything is Bigger and Faster': 3 Farm Machinery Dealers Look Back at Changes in the Industry
Farm and Dairy
Farm and Dairy set out to talk to longtime equipment dealers to find out has impacted the farm machinery industry the most. You may be surprised at what they discovered. They interviewed Ralph Witmer, owner of Witmer's Farm Equipment near Columbiana, Ohio; Alan Cope, of Cope's Farm Equipment, Alliance, Ohio; and Pat Zehentbauer, of Gause Farm Equipment, Guilford Lake, Ohio.More