LONDON (AP) — Defense contractor BAE Systems PLC said Tuesday it has agreed to pay a fine of up to $79 million to settle an arms export controls case with the U.S. Department of State, the largest civil fine ever levied by the department. The State Department settlement of the civil case includes a possible $10 million reduction in the fine depending on the company's implementation of compliance measures.
The Mayans prophesized that 2012 will mark the demise of human civilization. And while many people disregard this apocalyptic fable, is it possible to completely disregard the fact that The International Monetary Fund estimates that “ The Age of America ” will come to its end in 2016? Specifically, 2016 is the year when China's growth intersects the decline of the U.
The OILMISER Vapor Guard from JLM Systems Limited (Richmond, BC, Canada) is designed for lubricated gearboxes and bearing housings that are venting to atmosphere. The guard traps the migrating oil mist from a turbine gearbox before it escapes, before it fouls the air breather, and before it contaminates the workspace.
The OEM quality CO2 laser optics for low-power lasers used in cutting plastics are now available from Laser Research Optics (Providence, RI). The CO2 Laser Lenses and Mirrors are optimized for use at 10.6µm and meet ISO-10110 specifications for optical elements. They are available for Cincinnati®, Coherent®, Epilog®, Synrad®, Universal®, and similar lasers, and are comparable to the originals, according to the company.
The overhead bridge crane kits from Demag (Cleveland, OH) are a quick and cost-effective solution for installing overhead cranes in the 3-, 5-, and 10-ton capacity range. According to the company, the kits are plug-and-play, require no electrical work, and include everything needed for installation, save for box girders or steel beams.
Kadant Johnson Inc. (Tree Rivers, MI) offers direct injection steam heaters to provide a cost-effective way to accurately heat water and water-based slurries by injecting steam directly into the fluid. In addition, they can handle a wide range of flow rates, allowing for precise temperature control while conserving energy.
WASHINGTON (AP) — U.S. factories in April produced fewer goods for the first time in 10 months. A shortage of parts from Japan forced auto makers to cut back output. The Federal Reserve says manufacturing production fell 0.4 percent in April. That follows nine straight monthly increases. But excluding the drop in activity at auto plants, factory production rose 0.
SAN DIEGO (AP) — A San Diego-based defense contractor pleaded guilty Monday to offering bribes to a Navy official who, in return, placed $300,000 worth of orders from the company for military aircraft. Jesse Denome, owner of JD Machine Tech, Inc., admitted that from June 2004 to September 2005 he gave a Navy official a bicycle worth nearly $2,500, a model airplane engine worth $449 and made $18,000 in payments on the official's personal credit card.
BEIJING (AP) — Watermelons have been bursting by the score in eastern China after farmers gave them overdoses of growth chemicals during wet weather, creating what state media called fields of "land mines." About 20 farmers around Danyang city in Jiangsu province were affected, losing up to 115 acres (45 hectares) of melon, China Central Television said in an investigative report.
DETROIT (AP) — Ballpoint pen-chewers, take note: The cap in your mouth can obstruct breathing if swallowed. Common sense? Apparently for speakers of French, Spanish and German. The warning appears only in the English section of the multilingual instructions from the pen manufacturer, according to the creator of the Wacky Warning Labels contest.
LANSING, Mich. (AP) — Michigan's rebounding economy will add about 60,000 jobs annually for the next three years, a university economist predicted Monday. George Fulton of the University of Michigan said job growth will be steady but not spectacular, dropping the state's annual unemployment rate to 10 percent this year and 9 percent in 2013.
NASHVILLE, Tenn. (AP) — Hemlock Semiconductor on Monday confirmed it is negotiating with Tennessee officials on an incentive package on a potential $3 billion expansion of its solar materials plant in Clarksville. The Hemlock, Mich.-based company issued its statement after a member of Gov.
Todd Lipscomb is the founder of www.madeinusaforever.com , an online retailer that specializes in a variety of goods that are only made domestically. The store deals mostly in products made by a wide range of small, family businesses, and interest has been picking up quickly. Lipscomb was an executive with Western Digital for years, living in Asia, when he realized the need to provide U.
BRASILIA, Brazil (AP) — China's commerce minister said Monday that his nation will ramp up investments in the South American country. Commerce Minister Chen Deming, however, didn't forecast by how much China's investments in Brazil would increase. In 2010, Chinese companies invested about $17 billion in Brazil, a dramatic rise from the approximately $300 million invested a year earlier, according to Brazilian economic think tank SOBEET, which tracked the inflows.
ATLANTA (AP) — Food processors in Georgia who don't conduct mandatory tests for contamination or hide the results would face thousands of dollars in fines under proposed regulations. Officials at the Georgia Department of Agriculture said Monday they are taking public comments on regulations implementing the fines, which were part of legislation passed by lawmakers.
MONTGOMERY, Ala. (AP) — Hyundai executives say the company is expanding its Alabama manufacturingplant in a move that is expected to add more than 210 jobs in Montgomery County. Hyundai Motor Manufacturing Alabama said Monday it will invest $173 million to enlarge and modify an engine plant at the complex.
BERLIN (AP) — The German government says it wants to commit another €1 billion ($1.4 billion) in tax breaks and incentives to help fulfill its goal of having 1 million electric cars on the road by 2020. The Transport Ministry said Monday that a new proposal meant to boost the electric-car industry would be taken up by Chancellor Angela Merkel's Cabinet this week.
CAPE CANAVERAL, Fla. (AP) — Endeavour blasted off on NASA's next-to-last shuttle flight, thundering through clouds into orbit Monday morning as the mission commander's wounded wife, Gabrielle Giffords, watched along with an exhilarated crowd estimated in the hundreds of thousands. NASA is winding down its 30-year-old shuttle program before embarking on something new.
SAN FRANCISCO (AP) — Hewlett-Packard Co. is scheduled to report its fiscal second-quarter results on Wednesday after the market closes. The results cover the quarter ended April 30. WHAT TO WATCH FOR: Any further declines in HP's services and personal computer divisions, both of which had unexpected revenue shortfalls last quarter.
Selco Products Company (Reno, NV) is offering a line of Immersion Thermostats to meet requirements for challenging applications where the temperature control device must me submerged in water or other liquids. Typical applications include pressure washer equipment, industrial steam cleaners, industrial water heaters, and more.