3M profit dips in 4Q, lifts forecast for 2011 NEW YORK (AP) — 3M Co. on Tuesday raised its profit expectations for the new year, saying research and investments in new products are paying off. 3M said net income dipped slightly in the last quarter of 2010 because of higher costs.
MILWAUKEE (AP) — Harley-Davidson Inc. cut its fourth-quarter loss, getting a ride from a restructuring and a strong performance from its financial services unit even as motorcycle sales slumped. The Milwaukee company on Tuesday reported a net loss of $46.8 million, or 20 cents per share, a vast improvement over the $218.
FLINT, Mich. (AP) — General Motors has a shot at being No. 1 again. The resurgent automaker reported Monday that its worldwide sales last year came within 30,000 of beating Japanese rival Toyota, which took a big hit because of safety recalls. GM is hiring, producing more and basking in a better reputation for quality.
HONOLULU (AP) — A former B-2 stealth bomber engineer was sentenced to 32 years in prison Monday for selling military secrets to China in the latest of several high-profile cases of Chinese espionage in the U.S. Chief U.S. District Judge Susan Oki Mollway said Noshir Gowadia, 66, would likely be in his late 80s by the time he is released if he gets credit for good behavior in prison.
All around the country, boys are tuning out. They're disengaging from school, and they're forgetting what it means to learn and work hard. While this talk from Ali-Carr Chellman focuses mostly on the U.S.'s education system, this issues could have implications in our world, too. Without learning what it means to engage with anything, and work for it, the future manufacturing workers and businessmen won't learn to enjoy engineering and the technical aspects of simply making things.
Recent studies show that Elkhart is in a recovery. RV manufacturing is slowly climbing back toward its golden days, and companies like Navistar are helping put some of the swath of skilled workers back in employment. But to say that the area is recovering? That depends on who you ask. Visit msnbc.
It’s easy enough to measure a piece of string, right? Your job probably relies heavily on your ability to easily measure the dimensions of the product you’re trying to make. But getting a true measurement of something as simple as a string isn’t as simple as pulling out a ruler. BBC reporter Alan Davies tries to tackle a question that has been around for centuries, and ultimately ends up in a world of atomic scales and black holes.
Last week, Obama tapped Jeffrey Immelt, the CEO of GE, to head a new White House Council on Jobs and Competitiveness. In a string of attempts to reach out to business leaders around the country, Obama and Immelt will hope to create a business climate that is more conducive to job creation and retention.
SJE-Rhombus (Detroit Lakes, MN) will offer two new tubular ceramic membrane modules in its CFS (Ceramic Filtration Solutions) line. Typical applications for the CFS products include industrial process water and wastewater treatment, and the products are suitable for high flow rates. The company also offers the following features: A long membrane life, a high filtration rate, and a high recovery rate.
Dhunseri Petrochem & Tea Ltd. (DPTL) is a leading global manufacturer of bottle-grade PET (polyethylene terephthalate) resin. The company’s plant is located in the port city of Haldia in West Bengal, India. The facility is a continuous chemical process plant which operates non-stop round the year.
Most companies wouldn’t know how to innovate if the opportunity bit them on the leg. Last column , I mentioned that our spin-off company, Active Water Sciences (AWS), was a runner up in the Environmental category for the Wall Street Journal’s 2010 Technology Innovation Awards.
Case Herrera builds tortilla preparation equipment for the corn and flour tortilla industry, provides equipment for the bakery and snack food industries, and is the preferred supplier to several national brands. We build several varieties of our machines to meet customer specifications, and we install and service all of the equipment we manufacture.
JLG Industries, Inc. (McConnellsburg, PA) has announced a new model in its line of boom lifts: the 340AJ. The new lift has a lift height of 34 feet, with 20 feet of horizontal reach and a 17-foot up and over reach, all with a low gross vehicle weight of 9,700 pounds. In addition, the new lift features steel hoods to increase its durability, and has a 500-pound capacity at its maximum reach.
The star-tipped tools from Bondhus (Monticello, MN) now work with both the company’s Star and Star-Plus fasteners. The tool is available in many styles, including: L-wrenches, wing and flag, fold-up, screwdriver, and T-hangle, and in a full range of sizes, from T5 to T60. Other features include: The freedom from not stocking separate tools for both fasteners.
Hollaender (Cincinnati, OH) developed the 47R in 1-1/2” IPS size, wide-footprint flange used to attach solar racking systems and railings to narrow gauge metal roofing. The new design is ideal for applications on narrow gauge corrugated metal where the load must be spread out further and where numerous fasteners are required.
MISUMI USA, Inc. (Schaumburg, IL) has announced new additions to its Aluminum Extrusion Safety Fences and Doors. The HFUAY and HFUBY Safety Mesh Fences feature yellow-painted extruded aluminum frames, which are constructed of cut-to-order lengths of MISUMI’s HFS Aluminum Extrusion Series profile.
After calling on Costco for years and getting nowhere, one manufacturer took some unorthodox steps toward gaining access to a targeted distributor. Mitch Liss is the president of Edsal Mfg. Co. Inc., an American manufacturer of steel shelving based out of Chicago. His company started humbly, opening in the 1950s out of a small garage with roughly $800 and some simple machinery.
TORRANCE, Calif. (AP) — Toyota Motor Sales has opened two more U.S. product quality field offices, more than a year after safety-related product recalls bruised the company's reputation for building safe, reliable cars. The offices, located in Houston and Jacksonville, Fla., will put more Toyota researchers in the field, helping the Japanese auto giant detect and address quality problems, the company said.
BRUSSELS (AP) — Chinese officials recently unveiled a new, high-tech stealth fighter that could pose a significant threat to American air superiority — and some of its technology, it turns out, may well have come from the U.S. itself. Balkan military officials and other experts have told The Associated Press that in all probability the Chinese gleaned some of their technological know-how from an American F-117 Nighthawk that was shot down over Serbia in 1999.
WASHINGTON (AP) — Industry economists say the U.S. economic recovery is gaining strength, with more firms expressing positive hiring plans than in over a decade. A new survey from the National Association for Business Economics finds that economists are more hopeful about overall economic growth, the job market and demand for companies' products and services by many measures than they have been since the start of the Great Recession.