NEW YORK (AP) — Stock futures reversed course and pointed to a higher opening Wednesday after a report said that private companies are adding more jobs than economists had expected. Payroll-processor ADP said that private-sector employment increased by 217,000 from January to February on a seasonally-adjusted basis, well above the 180,000 new jobs that analysts had predicted.
OMAHA, Neb. (AP) — Billionaire Warren Buffett says the U.S. economy continues to improve and doesn't need as much government help as it is currently getting. Buffett appeared Wednesday on CNBC four days after releasing his annual letter to Berkshire Hathaway Inc. shareholders. The CEO says most of the businesses Berkshire owns, except the ones that make housing-related products, continue to inch along and improve.
BEIJING (AP) — A startup California developer of electric cars said Wednesday its first model will be manufactured in China and go on sale in the United States this year. CODA Automotive Inc.'s four-door sedan will be produced by a Chinese partner based on one of its models that has been adapted for electric drive and to meet U.
GENEVA (AP) — What do you get if you cross Nissan's Leaf electric compact with one of the Japanese car maker's Z-car racers? Possibly the Esflow, an unlikely mashup the Yokohama-based constructor unveiled at the Geneva Auto Show this week. On the outside it's all flash, with a gleaming silver aluminum body and sexy sportscar curves inspired by Nissan's long racing lineage.
DETROIT (AP) — A 27 percent increase in U.S. auto sales last month is a good sign for the industry despite political volatility in the Middle East and rising oil prices, a Citi Investment Research analyst said Wednesday. Analyst Itay Michaeli said in a note to investors that U.S. sales of 990,000 cars and trucks for February came in at a seasonally adjusted annual rate of 13.
The recently-introduced line of CABLEflow Tubular Cable Drag Conveyors from Spiroflow Systems (Charlotte, NC) are designed for applications requiring gentle handling and conveying both to and from multiple points in a circuit. They can transfer friable bulk products from single or multiple in-feed points to single or multiple discharge points with little or no damage.
The Model 3600-L/LB UV/IR Optical Flame Detectors from Sierra Monitor Corporation (Milpitas, CA) are used to monitor for flames from gasoline, methane, heptanes, ethanol, and diesel fuel, and carry an ATEX approval. The detectors sense the radiant energy in both the UV and IR spectrums, and analyze the signals for frequency, intensity, and duration.
ZONEWORKS (Milwaukee, WI) has developed the SCW Wash-down Curtain Wall to isolate production lines for cleaning, all while operating at peak capacity on other lines. The flexible fabric wall is ideal for any plant with harsh wash-down environments, allowing users to minimize overspray and reduce the potential for cross-contamination during routine processes.
The P-Series, PA-PD Series, D Series, and PL Series Electric Actuators from ProMation (Brooksville, FL) are designed for rugged, industrial use. They are available in a variety of models, such as quarter-turn reversing, quarter-turn reversing spring return, and linear drive models to provide on/off, jog, or proportional control.
GENEVA (AP) — Just when carmakers thought it safe to roll out new models in the wake of the economic crisis — 170 premiers are advertised for the Geneva Auto Show opening this week — a spike in fuel prices has cast a new shadow over the industry and redoubled attention on green technologies.
WASHINGTON (AP) — Manufacturers likely increased production at a slightly faster pace in February than in January, when output rose at the quickest pace since May 2004. Economists forecast that the Institute for Supply Management's manufacturing index ticked up to 60.9 in February from 60.
PEORIA, Ill. (AP) — The United Auto Workers say the union has reached a tentative labor agreement with Caterpillar Inc., averting a possible walkout. The UAW says the tentative six-year deal was reached Monday night. Union members will vote on it this weekend. Both Caterpillar and the union issued releases on the agreement Monday night, but neither revealed any details about the proposed contract.
KANSAS CITY, Mo. (AP) — Union workers at the Harley-Davidson plant in Kansas City approved a contract that the company says was needed to keep the plant in Missouri. The seven-year contract approved Monday will mean the loss of about 145 full-time workers. The company will add about 145 positions for workers to fill in when needed.
WASHINGTON (AP) — Federal regulators on Monday charged a U.S. defense contractor and three of its former board members with accounting fraud, saying the company overstated earnings to investors. The Securities and Exchange Commission said DHB Industries Inc. settled the civil charges without receiving any penalty.
JACKSON, Miss. (AP) — A Mississippi company that pleaded guilty to conspiracy related to the nation's largest workplace raid on illegal immigrants is now facing a lawsuit accusing it of discriminating against non-immigrants who applied for jobs. A discrimination lawsuit filed Friday in U.
IMPO sister publication, Product Design & Development , talks with industry to get their perspective on issues critical to the design engineering marketplace. In this issue, we ask: What does it take for virtual or remote teams to succeed? Can you build an effective long-distance design team? Kevin Simmons, Design Development Director, Industrial Designer, DD STUDIO Being a full-service design and engineering consultancy, DD Studio has communicated at various levels over the course of 27 years with molders and manufacturers in the Far East on behalf of our clients.
Each and every working hour, 10,000 pounds of sugar is processed at the Lance Private Brands bakery in Burlington, Iowa. The company produces about 5 million pounds of product per week: 180,000 cases of crackers and numerous pallets of sandwich creams and wire-cut premium-brand cookies for major stores around the country.
Camfil Farr (Jonesboro, AR) announces its 30/30 Test Drive program, which allows facilities to use and evaluate the company’s air filters in their own systems — at no cost or obligation — for 90 days. The 30/30 high-capacity MERV 8 pleated panel filter is ideal for medium-efficiency filtration in almost any application, according to the company.
Calpipe (Hammond, IN) has developed a stainless steel single-gang weatherproof in-use box with a lockable cover, which is ideal for corrosive or harsh environments, such as wash-down applications. The casted, 316 stainless steel receptacle cover is compliant with the NEC and NEMA 3R requirement.
Trident Design, LLC (Las Vegas, NV) has announced three new marketing partners (NCC, Bits Limited, and Accell) for its PowerSquid, which eliminates the problem of overcrowded power strips and bulky power adaptors with a unique “tentacled” design. The PowerSquid comes in a variety of models, ranging from basic outlet multipliers to advance surge protectors.