NEW YORK (AP) — A surprising jump in hiring is swaying U.S. stock and bond markets. An early decline in stock index futures was trimmed after payroll processor ADP reported employers added 297,000 jobs last month. The jump in payrolls from the ADP survey came in far above the 100,000 rise economists expected.
SEOUL, South Korea (AP) — Samsung Group said Wednesday it plans to carry out record investment and hiring this year as it seeks to extend global dominance in products including flat screen televisions and memory chips. South Korea's top business conglomerate is spearheaded by Samsung Electronics Co.
Magnetek, Inc. (Menomonee Falls, WI) announces that its IMPULSE G+ and VG+ Series adjustable frequency crane controls have been rerated to an increased ambient temperature rating of 140°F. According to the company, this allows the IMPULSE controls to be used in high-temperature crane and hoist applications.
Reed Manufacturing (Erie, PA) announces the addition of two new models to its SawIt® line. SAWITSD and SAWITD pneumatic saws feature immediate shut down when throttle is released and immediate start up with throttle squeeze. On the SAWITSD version only, a trigger lock prevents accidental “on” if the trigger is bumped or pressed unintentionally.
AutomationDirect (Cumming, GA) now offers machine safety devices for use in industrial applications in the form of two series of safety light curtains (active optoelectronic protective devices). The systems are ideal for human protection where risks cannot be eliminated by machine design, or if the process might require frequent access during operation.
SAS Automation (Xenia, OH) has introduced the new Uni-Grip and Uni-Clamp Robotic Gripper Systems. The Uni-Grip is a universal system that allows for a precise gripper tool to be built with the added benefit of greater flexibility, such as the ability to use center-mountable components without disassembly or additional drop-in channel nuts.
DETROIT (AP) — A surge in car and truck buying that began in October is expected to lift last year's U.S. auto sales above a dismal 2009. Customers gained confidence in the economy, loans were easier to get and deals got sweeter. Ford, General Motors, Toyota and other car companies will report 2010 and December sales throughout the day on Tuesday.
WASHINGTON (AP) — Orders to U.S. factories are expected to strengthen in November outside of transportation in a further sign that manufacturers will be cranking up production in anticipation of greater spending by businesses and consumers in 2011. Economists at JPMorgan Chase are forecasting that factory orders will post a 0.
WASHINGTON (AP) — A U.S. Senator is asking the Federal Trade Commission to investigate "misleading safety claims and deceptive practices" in the selling of new football helmets and reconditioning of used ones. In a letter dated Tuesday — a copy of which was obtained by The Associated Press on Monday night — Sen.
LOS ANGELES (AP) — Seven insurance companies have sued Toyota Motor Corp. in an attempt to recover money paid to cover crashes they blame on sudden acceleration. The insurers cite data that blames 725 crashes on the problem and fault the Japanese automaker for failing to equip its cars with an override system that would cause a car to idle if the brake and gas were deployed simultaneously.
WASHINGTON (AP) — When salmonella-laced peanut products sickened hundreds during a recent scare, President Barack Obama said consumers should be able to have confidence that their government will keep peanut butter-eating children safe — and that included his daughter Sasha. "That's what Sasha eats for lunch probably three times a week," Obama said then.
HAMMOND, Ind. (AP) — A Hammond Sanitary District official says a greasy white substance backing up through basement drains into homes appears to be linked to operations at a Unilever soap factory. Unilever and Hammond city officials haven't determined the cause of the Friday backup but the district's pretreatment coordinator, Jeff Massey, said during a public meeting Monday night that sewage apparently backed up after animal fat and coconut oil from the plant solidified and clogged sewer lines.
To paraphrase an old public-service announcement: “It’s 10 p.m. Do you know what the product levels are in the aboveground storage tanks at your bulk-storage facility?” For many bulk plant operators, the answer to this question would be a tentative (or wishful), “I think so.
From Tiger Woods, to Toyota, to BP, to Wright County Egg, each crisis in 2010 seemed to top the other. Tylenol stands for best-in-class company values, decision making, brand management and recovery; while BP, Tiger, Wright County and Toyota represent the gravest risk of brand implosion, failure to anticipate calamities, and the media piling-on effect.
The No. 983 from The Grieve Corporation (Round Lake, IL) is an electrically-heated, 550°F bench oven. The oven has 3” insulated walls, a Type 304, 2B finish stainless steel interior, and a #4 brushed stainless steel exterior. Two 13” x 4” access slots are equipped with insulated covers on the rear wall of the oven, and the 8” x 10” double-pane Pyrex window can be used for viewing the oven chamber.
The automatic stretch wrappers equipped with the new metered film delivery systems and other LeanWrap innovations from Lantech (Louisville, KY) have been designated as the “L” Series of stretch wrappers. The new line includes the QL Automatic (turntable model), SL Automatic (cantilevered and straddle automatics), and RL Automatic (ring straddle automatics).
As part of its expanding package of control connectivity products, Balluff (Florence, KY) has introduced a full line of I/O Hubs to their I/O-Link device offering. Because one size does not fit all, Balluff is offering a large range, from M8 to M12 with plastic or metal housing. The line is offered with or without diagnostics, thus giving a user’s application the same level of short circuit and overload diagnostics.
Fulton Companies (Pulaski, NY) has announced new products, including a signature boiler, the Tribute model (ICT). The boiler uses a pressure vessel design with high efficiency, and also has the capability to operate at sub-9 ppm NOx with an advanced boiler control system. The Tribute model also utilizes a fiber mesh burner, variable-speed fan, and integrated gas train, which provides low emissions combustion.
In today's hectic work environment, quick fixes are often favored over long-term solutions. Immediate improvements can be had when “band-aid” solutions are used to put out the fires, but these fixes rarely last. Short-term gain very often results in long-term pain. Management can no longer rely on old solutions because the problems we are facing in this fast-paced, competitive business environment are new.
GM realizes “weeks to hours” reduction in line change and transmission build dynamics at Toledo Powertrain, resulting from Flexible Assembly Configuration System (FACS) and Siemens control/communication. OP 090/OP 100 in sequence at General Motors Toledo Powertrain plant.