According to the January ISM Report On Business, economic activity in the manufacturing sector expanded for the 18th consecutive month, and the overall economy grew for the 20th consecutive month. Norbert J. Ore, CPSM, C.P.M. Chair, ISM Manufacturing Business Survey Committee, recently spoke to Industrial Distribution about the most recent report and what it means for the manufacturing industry.
MetalMoro's Sport Protótipo MCR model race car. MecSoft’s VisualMILL for SolidWorks helps MetalMoro achieve design goals accurately and quickly. For over 40 years, MetalMoro in Rio Grande do Sul, Brazil, has been producing competitive automotive racing cars and parts.
BARCELONA, Spain (AP) — Investors have panned his shake-up strategy and employees are not happy. Now,Nokia Corp.'s Stephen Elop, the first non-Finn to lead the world's largest maker of phones, is in a hurry to justify his decision to ditch the company's smart-phone software in favor of a former employer's, Microsoft.
NEW YORK (AP) — When he was mowing down opponents en route to a record of 74 wins in a row on the game show "Jeopardy!" Ken Jennings often seemed more machine than man. Now television viewers can see him going up against a real machine. On Monday, "Jeopardy!" will begin airing two matches spread over three days between Jennings, Brad Rutter (the show's all-time money-winner with $3.
CHICAGO (AP) — Energy drinks are under-studied, overused and can be dangerous for children and teens, warns a report by doctors who say kids shouldn't use the popular products. The potential harms, caused mostly by too much caffeine or similar ingredients, include heart palpitations, seizures, strokes and even sudden death, the authors write in the medical journal Pediatrics.
SOUTH BURLINGTON, Vt. (AP) — Before he started "saving the earth, one beer at a time," all inventor Eric Fitch knew about home brewing was that it could make quite a mess. Once, he accidentally backed up the plumbing in his apartment building by dumping into his garbage disposal the spent grain left over from his India Pale Ale home brew.
TOKYO (AP) — Japan confirmed Monday that China's economy surpassed its own as the world's second largest in 2010 and said a late-year downturn was its first quarterly contraction in more than a year. Japan's economy expanded 3.9 percent in the calendar year in the first annual growth in three years.
DETROIT (AP) — General Motors Co. will pay more than $189 million in profit-sharing to 48,000 U.S. hourly workers and millions more in performance bonuses to salaried employees, according to a person briefed on the matter. The company, less than two years out of bankruptcy protection, will pay most hourly workers more than $4,000 each as compensation for the company's strong financial performance last year, the person said.
Muskegon, Michigan — Reid Supply Company has an exhaustive catalogue of industrial supplies, but no supplier can carry every conceivable piece of industrial equipment down to the individual component. This is why Reid Supply announces its own state-of-the-art precision tool components and machining company to create industrial products on demand for clients, via their sister company Total Quality Machining (TQM).
The Full Stroke PTFE Diaphragm from Wilden (Grand Terrace, CA) can be used on all of the company’s AODD pump lines. They offer considerable suction capability, along with increased flow, and are designed to withstand common steam sterilization temperatures. According to the company, they fully comply with FDA material compatability requirements.
The Dyna-Purge Division of Schuman Plastics, Inc. (Depew, NY) has introduced the improved Dyna-Purge M, which is a non-abrasive, non-chemical engineered thermoplastic purging compound. It is formulated to flow naturally through the barrel and hot runner system of an injection molding machine, as well as extrusion equipment.
Casella USA (Amherst, NH) is offering a cost-effective alternative to traditional light measurement devices with its new Digital Light Meter. The tool is designed to help facility managers measure and maintain safe light levels by displaying results in either Lux units (200,000 max) or foot-candles (20,000 max).
MISUMI USA, Inc. (Schaumburg, IL) has introduced a new line of One-Way Clutches, which are designed to operate on the end of a shaft. They feature ball bearings on both ends of the clutch to provide support for radial loads. The clutch allows for free spinning in one direction, while locking in the other direction, to prevent reverse rotation.
Introduction Tompkins Supply Chain Consortium defines “uncertainty” as the level of knowledge of the past and current conditions that allows one to describe the existing state and predict a future outcome. Anyone who claims to have a clear picture of the past and current state and thinks they can predict the future is wrong.
Whether it’s because you want to shift from a decentralized logistics network to a centralized one, improve your company’s operations to become more cost-efficient on an international level, create profit centers for your chosen carriers that will result in significant rate discounts — or all of the above — when you decide it is in your company’s best interest to change or consolidate carriers, there are seven critical steps you will need to take to make sure that the process comes off without a hitch.
WASHINGTON (AP) — The trade deficit widened in December as rising oil prices pushed the value of imports up faster than U.S. exports. The deficit increased 5.9 percent in December to $40.6 billion, the Commerce Department reported Friday. U.S. exports of goods and services rose to $163 billion, a 1.
DETROIT (AP) — Most of the 26,000 white-collar workers at General Motors Co. will get performance bonuses of 4 to 16 percent of their base salaries this year, but payments to a small number could be 50 percent or more, the company confirmed late Thursday. Chrysler Group LLC also will give bonuses to white-collar workers, with payments expected on Friday.
MINNEAPOLIS (AP) — Food industry workers who become whistleblowers gained protection against retaliation from their employers with a little-noticed provision in the sweeping food safety law President Barack Obama signed last month. The Food Safety and Modernization Act is best known for sections that aim to prevent foodborne illnesses, allow the Food and Drug Administration to order recalls and make it easier to trace contaminated food to its source.
DETROIT (AP) — Car buyers usually have to pay a premium of $5,000 or more for the hybrid version of a car. So when Ford Motor Co.'s Lincoln MKZ hybrid went on sale last fall for the same price as the gas version, it became a test case for hybrid demand. The verdict: More people will choose the hybrid when price isn't a factor, but not too many more.
BEIJING (AP) — Hackers operating from China stole sensitive information from Western oil companies, a U.S. security firm reported Thursday, adding to complaints about pervasive Internet crime traced to the country. The report by McAfee Inc. did not identify the companies but said the "coordinated, covert and targeted" attacks began in November 2009 and targeted computers of oil and gas companies in the United States, Taiwan, Greece and Kazakhstan.