WASHINGTON (AP) — Inflation spooked the nation in the early 1980s. It surged and kept rising until it topped 13 percent. These days, inflation is much lower. Yet to many Americans, it feels worse now. And for a good reason: Their income has been even flatter than inflation. Back in the '80's, the money people made typically more than made up for high inflation.
NASHVILLE, Tenn. (AP) — An Alabama company has bought the assets of a Nashville weapons manufacturerwhose former owner and operators face federal charges of illegally exporting weapon parts overseas. Manroy USA, headquartered in Scottsboro, Ala., finalized the $4.95 million sale this week in a federal bankruptcy court auction for Sabre Defence Industries, LLC, which has current contracts with the military to provide parts for the .
BEIJING (AP) — Three senior officials in central China have been suspended and more than two dozen others punished after pigs in farms there tested positive for a banned chemical that can be dangerous to humans, state media said Friday. Tainted pork has become the latest food safety scandal to shock China after state broadcaster CCTV ran an expose earlier this week showing that several farms in Henan province were using the fat-burning drug, clenbuterol, in pig feed.
DETROIT (AP) — The Detroit News' auto critic said Thursday that he resigned because editors demanded that he delete sections of a scathing review of the Chrysler 200, a car promoted in a popular Super Bowl television ad starring rapper Eminem. Scott Burgess' original review made it into the newspaper's March 10 print edition.
While it’s difficult to specify the best bearing — each application calls for different performance and cost characteristics — the needle bearing can take many forms. Needle bearings can often offer major advantages over conventional bushings because they operate with a rolling motion rather than a sliding motion.
WAGO Corporation (Germantown, WI) has developed the CPO Series DIN-rail Mount Outlet Boxes to provide control cabinets with power for common tools, including laptops and testing equipment. The CPO Series utilizes a UL 498 Receptacle, which is ideal for UL 508 panels. In addition, the PVC housing measures just 60mm by 109mm and features an ABS plastic cover.
The new P-433 Ship Shape Biohazard bulk container from Meese Orbitron Dunne Co. (Ashtabulta, OH) has earned the UN 11H2 design qualification documenting its ability to safely transport hazardous materials. The container is developed for handling clinical waste, oil- and paint-soaked shop rags, and flammable solid materials due to its rugged, rigid plastic container with a seal-tight plastic cover.
Rustlick (Glenview, IL), a subsidiary of ITW ROCOL North America , has announced the release of ULTRACUT Aero, a new premium water-soluble oil optimized for high-tech ferrous and nonferrous metals, including titanium, aluminum, Inconel, and stainless steel. The Aero uses the latest lubrication and antimicrobial technologies to create a long-lasting cutting fluid.
The new CSI 2600 Machinery Health Expert delivers the portability of the two-channel CSI 2130 Machinery Health Analyzer and advanced predictive capabilities. The system, from Emerson Process (Knoxville, TN) continuously monitors, records, and analyzes machinery information for more than 100 hours across all 24 channels without the significant cost of a hardwired solution.
CHICAGO — Prime Advantage, the leading buying consortium for midsized industrial manufacturers, announced the findings of its third annual Group CFO Survey, revealing the top financial concerns of its member companies’ CFOs in 2011. CFOs are seeing solid signs of the economic recovery in U.
January U.S. manufacturing technology consumption totaled $371.41 million, according to AMTDA, the American Machine Tool Distributors’ Association and AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTC program, was down 16.
Manufacturing.net Slowly but surely all of the “mom and pop” manufacturing facilities are closing. From sardine canneries in Maine to baking product suppliers in California, smaller plants are feeling the pressure from buyers who believe importing manufactured goods is more cost efficient.
Once again we turn to Bill, the “Engineer Guy,” to explain how the world works. This time? Smoke detectors. It turns out, a miniscule piece of radioactive material, Americium, works in conjunction with a special integrated circuit, called a MOSFET (or Metal Oxide Semiconductor Field Effect Transistor).
CNN's Fareed Zakaria explores the future potential of America's workforce and the new American dream. According to Zakaria, Americans need to focus on acquiring skills that will allow them to become mobile, dynamic, and entrepreneurial workers. The old American Dream doesn't work anymore, so it's necessary to change with the times.
For those businesses who import or export goods from Japan, particularly those that rely upon Japanese-based suppliers, the supply chain is about to get a bit trickier. CNBC sat down with Jeffrey Schwartz of Global Logistic Properties, and Jon Langenfield of Robert W. Baird & Co. Despite a massive recovery effort, many businesses have sprung back extraordinarily quickly, as Schwartz reports, and with a more integrated global supply chain, perhaps things aren't as bad as many had originally thought.
With the cascading issues at Japan's Fukushima Dai-ichi nuclear power plant gaining much international press attention, many are starting to wonder whether or not America's own nuclear plants are safe from disaster. CBS sat down with Cham Dallas, professor at the University of Georgia, to discuss some of the concerns.
TOKYO (AP) — It took only minutes for the earthquake and tsunami to devastate Japan's northeast. Rebuilding will take years — if it can be afforded. The relentless wall of water that the quake unleashed killed thousands, swept away whole towns, inundated roads and knocked ports, oil refineries, steel plants and factories out of action.
SOUTH BEND, Ind. (AP) — The 20-year-old Notre Dame student who was killed when the hydraulic lift he was on fell over as he filmed the football team on a windy day had expressed displeasure about practice being held outside, according to a state report released Tuesday. Declan Sullivan wasn't happy when he found out the team would be practicing outside last Oct.
DETROIT (AP) — Two Japanese automakers are scaling back production at North American plants as they assess their ability to get parts from Japan after that country's devastating earthquake and tsunami. Subaru of America said Tuesday it has suspended overtime at its only North American plant in Lafayette, Ind.
LOUISVILLE, Ky. (AP) — Ford Motor Co. CEO Alan Mulally previewed his company's next Kentucky-made vehicle Tuesday night, saying the new version of the Escape small SUV that will roll off the assembly line at a retooled Louisville manufacturing plant will be transformational. Mulally also praised the automaker's partnership with Louisville, calling the city where Ford has twomanufacturing plants a "center of excellence.