|Dec. 11, 2012|
MDNA Membership Renewal for 2013
The New Premier Vendor Program is Off to a Very Successful Start
The Premier Vendor networking and marketing program is designed to strengthen and broaden the relationships between MDNA members and our key industry-supporting vendors. Below are our first seven applicants. Please review the names listed below and click here to see full details about each company. The review committee will be considering these companies next week. If you have any concerns about these seven Premier Vendor applicants, please notify the MDNA National Office by December 14th.
Premier Vendor Applicants:
The Book - L & M Publications Inc.
Kenco Machinery Movers & Millwrights Ltd.
Redmond & Associates
Chicago Export Packing Co.
Intersea Transport Inc.
Clover Machinery Movers
Time Running Out on Fiscal Cliff Deal
The Washington Post
The contours of a deal to avert the year-end fiscal cliff are becoming increasingly clear. But progress has been slow, and time is running out for leaders to seal an agreement and sell it to restless lawmakers who so far have been given little information. With hope still alive for a resolution by Christmas, President Barack Obama and House Speaker John Boehner, R-Ohio, met at the White House, their first face-to-face meeting in nearly a month and their first one-on-one session since July 2011, when they last tried to forge a far-reaching compromise to tame the national debt.More
The Insourcing Boom
After years of offshore production, General Electric is moving much of its far-flung appliance-manufacturing operations back home. It is not alone. An exploration of the startling, sustainable, just-getting-started return of industry to the United States. More
In Shift of Jobs, Apple Will Make Some Macs in US
The New York Times
Apple plans to join a small but growing number of companies that are bringing some manufacturing jobs back to the United States, drawn by the growing economic and political advantages of producing in their home market. Apple, which long manufactured parts in the United States but stopped about a decade ago, has been under pressure to create more jobs here given its market power.More
2013 Is the Year Manufacturing Gets Sexy
MIT Technology Review
GE, which did $142 billion in business selling engines, turbines and hospital equipment in 2011, has been closely tracking advances that are happening in 3-D printing and additive manufacturing, even developing a way to make fuel injectors for its jet engines through an experimental laser printing process. In November, its aviation business acquired two additive-manufacturing companies that had previously been making parts for GE's LEAP engines.More
Manufacturing Contracts to Weakest in 3 Years
Manufacturing unexpectedly contracted in November to its lowest level in more than three years, as companies worried about whether lawmakers in Washington could reach a budget deal in time avert a crisis that many fear could lead to a recession. The Institute for Supply Management said that its index of national factory activity fell to 49.5 in November from 51.7 the month before.More
Skilled Work, Without the Worker
The New York Times
At the Philips Electronics factory on the coast of China, hundreds of workers use their hands and specialized tools to assemble electric shavers. That is the old way. At a sister factory here in the Dutch countryside, 128 robot arms do the same work with yoga-like flexibility. Video cameras guide them through feats well beyond the capability of the most dexterous human.More
Moody's 2013 Steel Demand Forecast for Europe, Asia: Not So Hot
It's a study in contrast two different steel markets, two different outlooks, both a reflection of the times we live in. Moody's Investors Service, a well-known credit ratings research and risk analysis firm, released its outlook for the steel industry for two different parts of the world Asia and Europe. Building upon its July outlook, Moody's has labeled the outlook for Asia as stable. But for Europe, well, that's a different story altogether.More
Largest Manufacturing Investment in Louisiana History to Create 7,000 Direct and Indirect Jobs
Sasol, an energy and chemicals company based in South Africa, announced that it will build an integrated GTL and ethane cracker complex in Westlake, La. The complex will create 1,253 direct jobs resulting in an additional 5,886 new, indirect jobs, for a total of more than 7,000 direct and indirect jobs. Sasol also will retain 435 existing direct jobs in Westlake as a result of the project.More
Titan Machinery Q3 Net Up 9.9 Percent
Titan Machinery's fiscal third-quarter profit rose 9.9 percent as the agricultural and construction-equipment retailer's agriculture segment sales boosted results, though margins contracted. The company raised its revenue expectations for the year, now forecasting $2 billion to $2.15 billion, from $1.95 billion to $2.1 billion. Titan also backed its earnings guidance at $2.10 to $2.30 a share.More