Steven D. Levitt, author of the famed book "Freakonomics," has some interesting proposals when it comes to global warming. When most people are trying to "green" their lifestyle to reduce their environmental impact, Levitt bucks conventional thought with some cold, hard statistics. Instead of exerting so much effort to be green, there's a simple solution available to us, at little cost or trouble.
MEMPHIS, Tenn. (AP) — International Paper, the world's biggest wood products company, said Wednesday its third-quarter profit more than doubled as a huge federal tax credit more than offset falling sales of cardboard box materials. The 13 percent sales decline shows retailers who depend on consumer spending for their profits have yet to resume large-scale purchases of the cardboard boxes that are made from materials made by IP.
AMSTERDAM (AP) — Dutch brewer Heineken NV on Wednesday raised its forecast for full-year operating profit, citing cost savings, better prices and higher sales of its most profitable brands, even though overall sales volumes were down. The company raised its forecast for full year "organic" operating profit -- a nonstandard measure -- to low double digit growth from high single digit growth.
CLEVELAND (AP) — Goodyear Tire & Rubber Co. says its profit more than doubled in the third quarter, helped by new products and lower raw-material costs. The performance marked a reversal by Goodyear, which had reported $554 million in losses in the first six months of the year as the recession staggered the automotive industry.
STOCKHOLM (AP) — A group led by China's Geely Group is the preferred bidder for Ford Motor Co.'s Volvo Cars unit, the U.S. automaker said Wednesday. Ford said the selection signals that it is conducting "more detailed and focused negotiations" with Zhejiang Geely Group Holding Co.
COLUMBIA, S.C. (AP) — An economic incentive package that appears tailored to bring a massive Boeing assembly facility to North Charleston easily received key approval Tuesday in the South Carolina Senate. The full Senate voted 44-0 on low-interest construction bonds and incentives that include a sales tax exemption on fuel used in test flights.
DETROIT (AP) — Asian automakers are still building the most reliable cars and trucks, with eight of the top 10 brands from Japanese and Korean companies, according to an annual survey by Consumer Reports. But several models from Ford Motor Co. are now consistently scoring above Honda and Toyota, the perennial leaders.
Channel Fish Company (Boston, MA), producers of frozen and salted seafood, takes tremendous care at every step of their process to produce the highest quality product. To improve the effectiveness of their metal detection operation — both in terms of maximizing detection sensitivity and production uptime — they recently turned to Mettler-Toledo Safeline and selected the PowerPhasePRO.
October 28, 2009 Last week I attended a webinar on the EPA’s mandatory reporting of greenhouse gases (GHGs) rule, hosted by U.S. Steel and Wenck. The presenters did a great job of highlighting all of the important points from the rule, and the areas that could be confusing.
Emerson Process Management (Austin, TX) has developed its DeltaV digital automation system, designed to integrate machinery protection and prediction of critical mechanical equipment. Emerson’s integrated protection and prediction solution, a key component of the PlantWeb digital plant architecture, easily connects to the DeltaV system from AMS Suite predictive maintenance software and the CSI 6500 Machinery Health Monitor.
Aptos Industries Inc. is introducing a new model of the Rolls Up Door Guard to supplement the RUDG1, which fits doors with minimum dimensions of 10’ x 14’. The new model—the RUDG2—fit smaller doors, down to a height of only eight feet. The RUDG2 has a collision prevention device and can be installed in less than an hour.
This practical book from Industrial Press , titled “Manual of Piping Practice,” offers coverage of piping practices and maintenance. Written by a 35-year professional with hands-on knowledge and experience in pipeline building and maintenance, this book is designed to be kept at the ready on the shop floor.
Loctite 2047 is a new high lubricity threadlocker from Henkel Corportation (Rocky Hill, CT), and has been designed to ensure maximum performance on fasteners greater than 7/8” in diameter. 2047 works both as a lubricant that reduces friction, and as an adhesive/sealant that eliminates loosening, maintains clamp load, and prevents corrosion.
Industrial Magnetics, Inc. (Boyne City, MI) has added the HDR3045 heavy-duty magnetic retriever to its line of products. The HDR3045 has been designed for retrieving broken drill bits from oil or water wells, but captures metal objects from any wet or dry area that requires large lifting capacity in a small package.
BAY MINETTE, Ala. (AP) — The governors of Alabama, Louisiana and Mississippi have announced the launch of an alliance designed to create an aerospace and aviation corridor from Panama City, Fla., to Louisiana. Alabama Gov. Bob Riley, Mississippi Gov. Haley Barbour and Louisiana Gov.
BARRE, Vt. (AP) — A Barre electronics manufacturer is poised to begin construction on a 52,000-square-foot manufacturing facility, which is expected to create 150 new jobs. On Monday, the District 5 Environmental Commission issued a land-use permit for SBE Inc., to build the plant in the Wilson Industrial Park.
FREEPORT, Texas (AP) — A leak in a Dow Chemical underground pipeline is prompting the evacuation of more than 60 homes in Freeport. Dow Chemical spokeswoman Trish Rithaller says crews on Wednesday are expected to begin digging in an area around the pipeline, in a field, to repair the leak.
WASHINGTON (AP) — It's about to become official: The recession is over — but not the pain. The government will release figures this week expected to show that the economy has awakened from its deepest slump since the 1930s and is in the early stages of a recovery. But the following week, the government will issue another set of figures expected to show unemployment continuing to rise toward and possibly above a clearly recessionary 10 percent.
GEORGETOWN, S.C. (AP) — A union leader says he doesn't think a South Carolina steel mill will reopen before 2011. United Steelworkers Union local president James Sanderson told The Sun News of Myrtle Beach a company official told him that ArcelorMittal's Georgetown steel mill may not reopen until 2011.
DETROIT (AP) — Autoworkers in Missouri and Michigan overwhelmingly rejected a new contract with Ford Motor Co., a sign that the automaker and the United Auto Workers union are having trouble convincing some workers to accept changes that would lower Ford's labor costs. Ninety-two percent of workers at the Kansas City Assembly Plant voted against changes to their contract Sunday.