NEW YORK (AP) — Would you buy stock in a company that has hemorrhaged tens of billions of dollars for years and run through three bosses in quick succession just because it's turned a profit for a few months? That is essentially what General Motors will ask investors to do when it takes itself public again with one of the largest initial stock offerings ever.
CHEYENNE, Wyo. (AP) — Wyoming no longer is the nation's deadliest place to work, a dubious distinction that now belongs to Montana. The number of workers killed on the job in Montana increased from 40 in 2008 to 50 in 2009, according to figures released Thursday by the Bureau of Labor Statistics.
HARTFORD, Conn. (AP) — Jet engine manufacturer Pratt & Whitney said Thursday that declining work is forcing it to lay off about a quarter of its hourly labor force at a repair plant, prompting the workers' union to question whether the company is violating a federal court order barring it from moving jobs out of the state.
Caterpillar Inc. officials said Thursday they don't expect a double-dip recession because the world's central banks haven't made major errors and the economy has been improving throughout 2010, especially in the developing world. New CEO Doug Oberhelman and other executives met with analysts in New York and discussed the opportunities ahead for the world's largest maker of construction and mining equipment.
MUMBAI, India (AP) — The U.S. says it is not pressuring India to drop claims against an American corporation linked to the 1984 Bhopal gas tragedy, trying to cool a furore over leaked emails that suggest high-level heavying in advance of President Barack Obama's November India trip. The outcry over the e-mail exchange between a U.
Titan Industries is the world's fifth largest and India's leading manufacturer of watches. Corporately based in Tamil Nadu, India, the company has manufactured more than a 100 million watches to date and has a customer base of over 80 million. The umbrella brand Titan is one of India's leading watch brands that brought about a paradigm shift in the Indian watch market, offering quartz technology with international styling.
Balluff ’s BunkerProx is a rugged, “self-bunkering” M18 inductive proximity sensor designed to survive longer in abusive welding applications without external protection. The BunkerProx has a strong, thick housing that boosts the ability to withstand repeated mechanical impact and serves as an intermittent heat sink to shield the sensor electronics from intense heat.
The I-Mark I-Series dot-peen marking system from Columbia Marking Tools, Inc. comes with a marking head, a system controller, cables, and programming software. The x-y CNC movement for the marking head is provided by high-torque steeper motors that mark up to five (1/8”) characters per second.
The Jetstream 2400, a new product in Port-A-Cool ’s evaporative cooling line, features a 48-gallon water reservoir built into the one-piece leak- and rust-resistant housing for extended cooling without having to refill. The unit can cool a 2,000 square foot area and has a louver panel that allows concentrated spot cooling simultaneously to the left, right, up, and down.
The PowerFleet wireless vehicle management system from I.D. Systems helps increase productivity and safety, optimize vehicle use, create visibility of vehicles, and reduce damage to facilities. The system incorporates many functionality modules, including: Vehicle access control, which creates accountability by restricting vehicle use to authorized operators.
Every manufacturer deals with shipments of nonconforming parts (also known as “part deviation”) from suppliers. Quality control systems simply do not eliminate nonconforming parts altogether. However, by better managing deviation and minimizing its impact, manufacturers can reduce costs, strengthen customer relationships, and build stronger ties with suppliers and partners.
The PulseCode Activator Switch from RMP Security, Inc. (Newport Beach, CA) is an access control system engineered with the distinctive E-Lock technology with application flexibility to engage or disengage electrical devices. The switch operates with a remote keypad without direct contact between the two, because the E-Lock technology uses an encrypted sequence of mechanical pulses transmitted through a solid surface.
The Bio-Remediation process from Bio-Circle (Windsor, CT) eliminates the need for toxic solvents when cleaning tools and parts, and also reduces the possibility any dangerous effluent to virtually zero. The Bio-Remediation process uses microscopic life forms to “digest” contaminations and convert them to clean H2O with negligible traces of CO2.
Industrial Press (New York, NY) has released the second edition of Benchmarking Best Practices , written by Terry Wireman. The book presents a logical, step-by-step methodology that will enable any company to conduct a cost-effective benchmarking effort. In addition, the book contains a benchmarking database from more than 100 companies and current maintenance/asset management philosophies.
GOJO Industries (Akron, OH) has launched its new PURELL Green Certified Instant Hand Sanitizer, the world’s first sanitizer to be certified by EcoLogo, according to the company. The PURELL sanitizer is made with 100 percent renewable ethanol in a biodegradable formula that kills 99.99 percent of the most common illness-causing germs.
The following video is a single shot from the documentary Manufactured Landscapes , which tries to examine the ways that manufacturing, especially its dirtier practices, have affected our environment. This shot attempts to showcase not only the size, but also the repetitive nature, of China's manufacturing base.
In mankind's efforts to make a robot for every animal, the snake has not gone unnoticed. Japanese researchers have created a new robot that can slither around on the ground almost like the real thing, thanks to motors in each section of the body that are in constant communication and collaboration. Even better, the robot can get tossed into a pool and gets around just as well.
China has recently overtaken Japan as the world's No. 2 economy, leaving many worried here in the U.S. about what the future holds. Based on the trend of outsourcing the last few decades, it stands to reason that China is aiming for America's top spot, which could open up even more floodgates for jobs to escape overseas.
The roles of programmer, machinist, and quality control engineer are rolled into one at this new-age manufacturing plant. If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department. Have any comments or questions about our Thursday video editions of IMPO Insider? Or do you have a video you'd like to see featured in one of our deployments? Email me at Joel.
The Emerging Technology Center at the 2010 IMTS has some big shoes to fill: none other than the Apollo 11 moon landing. Check out this teaser video to see what new technologies IMTS is bringing to the table, which include nanotechnology and more. If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.