PEORIA, Ill. (AP) — Three people who pleaded guilty earlier this year to fraudulently borrowing $213 million from 85 lenders for a now-bankrupt Bloomington, Ill. company have been sentenced to prison. Former Wildwood Industries plant manager Dominic F. Propersi of Bloomington was sentenced to seven years in federal prison for conspiracy to commit money laundering.
ZONEWORKS (Milwaukee, WI) now offers the insulated Door Blanket, which is a quick and affordable way to protect temperature-controlled items and finished products from the threat of spoilage or irreparable damage that occurs when powered doors on coolers or freezers unexpectedly shut down. The Door Blanket is designed to eliminate the exchange of air at the door opening when an air or automated door won’t close for any reason.
The Filter Curb from Thybar (Addison, IL) can add additional filter capacity to a rooftop unit. Advanced laser technology offers the tightest tolerances and superior construction because each curb is custom-manufactured due to the varying specifications of various roof configurations. The Curbs use an all-welded construction, factory-insulated walls, an integral filter rack, and an access door for servicing filters.
The new Optitrol Series from O-Z/Gedney (Rosemont, IL) is a line of factory-sealed, explosion-proof and dust-ignition proof control stations and pilot lights. They are typically used for remote control of motors in industrial areas where flammable gases are present. Optitrol’s heavy-duty enclosure confines electrical arcing, preventing ignition of flammable atmospheres, and the malleable iron enclosure is given a triple coat of zinc, chromate, and epoxy powder for corrosion resistance.
Sheldon Manufacturing, Inc. (Cornelius, OR) has announced its HC6 Environmental Humidity Chamber for multiple industrial testing applications. The HC6 floor model incorporates an air-jacket design that evenly disperses air within the walls to maintain uniformity and ensure proper insulation.
COLUMBIA, Mo. — Reducing energy costs is one of the simplest ways companies can cut expenses and increase profits, but only if they know how to do so effectively. Since its establishment in 2004, the University of Missouri Industrial Assessment Center (MoIAC) has helped more than 60 Midwest companies become more energy efficient.
Founded in 1939, Ferrotherm Corporation (Cleveland, OH) is a well-established supplier to the aerospace industry with a heritage of providing quality gas turbine honeycomb seals and shrouds to customers such as GE, Pratt & Whitney, Rolls-Royce, the U.S. Military, and many others. With 121 employees and over 100 various machines, the company is set up to perform most operations and processes on-site at its 78, 000 sq.
SpaceX, the private-sector space transport company owned by Tesla founder Elon Musk, successfully launched its Falcon 9 test rocket into Earth's orbit and recovered it successfully, a first for a non-government entity. The test's success brightens the future for NASA, who will someday hire companies like SpaceX to shuttle materials and astronauts from Earth to the International Space Station.
Steve Wozniak, best known for being a co-founder of Apple alongside Steve Jobs, now spends his time as an entrepreneur in Silicon Valley. He says that Apple's success, and the success of many other innovators in the electronics world, emerges from people doing risky and unconventional work. The "rebels" of today are no different.
The most expensive coffee in the world, Kopi Luwak, is popular throughout the world, despite its unique method of production and a price tag upwards of $50 a cup. If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
These ominous videos show two different angles of workers fleeing from a 2007 ammonia leak. The YouTube user who posted these videos says the leak neared 40,000 pounds of ammonia. That would be enough to get me running, too. If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
NEW YORK (AP) — Research in Motion Ltd.'s stock could fall over 3 percent over the next 12 months, said one analyst, as the company's line of BlackBerry smart phones continue to lose market share to phones running Google Inc.'s popular Android software. Kaufman Bros. analyst Shaw Wu maintained his "Hold" rating on the company, which suggests it will perform in line with similar companies over the coming year.
NEW YORK (AP) — Consumer products maker Fortune Brands Inc. plans to split into three separate companies, keeping its liquor business led by Jim Beam bourbon while shedding the businesses that make Titleist golf balls, Moen faucets and Master Locks. Fortune Brands said Wednesday it will focus on its spirits business which generates annual revenue of $2.
DES MOINES, Iowa (AP) — The president of an Iowa ready-mix concrete company has pleaded guilty in a price fixing case. The Justice Department says Chad Van Zee pleaded guilty on Monday in U.S District Court in Sioux City, and agreed to cooperate with the department's ongoing antitrust investigation.
LAGOS, Nigeria (AP) — Nigeria's anti-corruption agency on Tuesday charged former U.S. Vice President Dick Cheney over a bribery scheme involving oil services firm Halliburton Co. during the time he served as its top executive, a spokesman said. The charges stem from a case involving as much as $180 million allegedly paid in bribes to Nigerian officials, said Femi Babafemi, a spokesman for the Economic and Financial Crimes Commission.
COFFEEN, Ill. (AP) — A worksite in central Illinois has been cited by the federal government for willfully exposing workers to dangerous levels of hazardous dust without providing protective breathing equipment. The U.S. Occupational Safety and Health Administration said Tuesday it has cited U.
SAN FRANCISCO (AP) — The FBI says it recently issued an alert about a popular Barbie doll with a hidden video camera that could be used to produce child pornography, but stressed that the toy has not been linked with any reported crimes. FBI spokesman Steve Dupre said Tuesday the alert last month was meant only for law enforcement agencies to advise them not to overlook Mattel's "Barbie Video Girl" during any searches.
Large diameter shaft collars, which can be single point threaded to customer requirements, are now being offered by Stafford Manufacturing Corp. (North Reading, MA). The collars feature bore sizes up to 16” I.D, along with a variety of O.D. sizes. Customers can specify the collars to be threaded with bearing-, ACME-, stub ACME-, UNC/UNF-, and multi-start threads.
JLG Industries, Inc. (McConnellsburg, PA) has announced that it is re-launching its vertical mast lift, the T26E. The mast boom lift features a vertical telescopic mast with a jib that enables operators to reach above and around obstacles. The lift is ideal for plant maintenance applications, heating, HVAC, and workers in automotive plants, according to the company.
Force Control Industries (Fairfield, OH) has announced their Two Speed Drive for applications up to 30 HP that require a high turndown ratio, while maintaining high torque. The drive includes a brake motor with a low speed drive built-in, which provides precise low speed control with continuous high torque.