The nation's economic stress inched up in December because higher foreclosures outweighed lower unemployment, according to The Associated Press' monthly analysis. Bankruptcy levels remained largely unchanged from November. But the depressed housing market took a toll. Foreclosure rates rose in 33 states, most sharply in Utah, New Jersey, Nevada and Arizona.
DETROIT (AP) — To a pulsating beat, hip-hop star Eminem drives a sleek Chrysler through the streets of Detroit, proudly cruising by the city's landmarks, towering skyscrapers and the hopeful faces of its people. His journey ends with an unapologetic message: "This is the Motor City, and this is what we do.
SAN FRANCISCO (AP) — Intel Corp. has resumed shipments of a chip with a known flaw. But in order to get it, computer makers must promise not to use it in designs that trigger the serious performance problem. Intel stopped production of the faulty "chipset" last month, after discovering that it would cause some computers to gradually lose their ability to talk to their hard disk and DVD drives.
TOKYO (AP) — Toyota reported a 39 percent slide in quarterly profit but raised its full-year forecasts as business booms in Asia and other emerging markets while image problems linger in the U.S. The results show a mixed picture for the world's biggest automaker, which is enjoying robust sales in Asia, Africa and South America while still trying to repair its reputation in the key U.
At the start of each New Year, along with the usual all-too-soon forgotten resolutions, many industry experts make predictions about where their industry is headed during the upcoming year, usually in the format of trends to watch.
Kaydon Corporation ’s Bearings Division (Muskegon, MI) is now offering many models of its space-saving HS Series slewing ring bearings, which handle moment loads of up to 139,000 ft-lbs. The ability to deliver heavy load and thrust and space savings makes the series ideal for medium- to heavy-duty applications, such as cranes, aerial lifts, lift truck rotators, and industrial turntables.
VibrAlign (Richmond, VA) has launched a new wireless shaft alignment, the Fixturlaser GO Pro, which uses an adaptive and time-saving user interface, according to the company. Depending on what the measurement results show, the tool will guide the user through the alignment process. In addition, the new tool comes with the Verizontal Compound Move function, which eliminates the need to take more measurements after the vertical alignment.
The new line of High Performance Butterfly Valves from Assured Automation (Clark, NJ) offer Class VI shut-off and an advanced seat design, which provides a bi-directional interference and pressure-assisted seal. The valves are available in sizes from 2” to 12”, with a pressure rating up to 285 PSI for the 150-class, and 740 PSI for the 300-class valves.
Seco Tools (Troy, MI) has announced its new CBM 170 grade, the first PCBM grade developed specifically for the finish turning of nickel-based super alloys. The CBM 170 is designed for both toughness and wear-resistance, which makes it ideal for materials like Inconel 718, UDIMET, Waspaloy, MAR M, and more, according to the company.
Manufacturers have a lot to worry about these days. From the competitiveness of the global marketplace to the seemingly never-ending attempts at heightening efficiency, it’s easy to get bogged down in the minutiae without a clear idea as to where to begin. But becoming bigger and better often requires some sort of expenditure.
In many ways, thermal imaging represents an opportunity to see your plant in a whole new light. It’s a revolutionary technology, one that allows manufacturing processionals to conduct a range of tasks, such as increasing efficiency in automated environments, detecting leaks in malfunctioning equipment, and conducting predictive maintenance.
Since 1925, Dunn-Edwards Corporation has been a leading manufacturer and supplier of architectural and industrial coatings in the Southwest, providing a complete line of paints and painting supplies to professionals and quality-conscious consumers. Dunn-Edwards paints are manufactured exclusively in the Southwest and formulated specifically for the climate of the Southwest.
So where do you start? If your facility was flooded, you have more than a simple moisture issue. Obviously there are many steps ahead of cleaning and drying out the electrical systems (such as debris removal and facility renovation) but let’s suppose you are ready to clean the electrical connections and components.
John Nofsinger is the current CEO of Material Handling Industry of America (MHIA). MHIA is an international trade association that has represented this industry since 1945. MHIA and affiliated organizations have sponsored trade events such as ProMat and MODEX 1012 for 60 years. More information on MHIA can be found on-line at www.
According to a recent New York Times article: Despite the fact that there have been 2 million manufacturing employees laid off since 2007, manufacturers are still facing skilled worker shortages. According to the article, “Plenty of people are applying for jobs. The problem, the companies say, is a mismatch between the kind of skilled workers needed and the ranks of the unemployed.
Given the number of industrial wipes used every day by large and small industrial facilities alike, is it possible for a facility’s use of industrial wipers to be environmentally sustainable? The answer is “yes” if the facility considers the entire wiper product lifecycle in its purchasing policies for this ubiquitous tool.
ST. CLAIR SHORES, Mich. (AP) — Colin Kelly Sikkila has an idea he believes helps make vehicles more affordable for car buyers and more profitable for automakers. A retired metal model maker at the General Motors Tech Center in Warren, Sikkila designed a model car that could be used as a blueprint for building a car with several identical parts on the front and back, such as the hood and trunk lids, doors, fenders and windows.
WASHINGTON (AP) — The Obama administration declined to cite China for manipulating its currency to gain trade advantages against the United States. The Treasury Department on Friday noted that China last June said it would begin allowing its currency to rise against the dollar. The agency said the pace of revaluation has been too slow since and more rapid appreciation is needed.
SAN FRANCISCO (AP) — Ford Motor Co. will increase factory production 13 percent in the first quarter because of higher demand for Ford and Lincoln brand cars and trucks, and further increases are likely through the year, company executives said Sunday. The Dearborn, Michigan, automaker said its sales to individual buyers rose 27 percent in January, a strong increase that shows demand for Ford products like the Explorer sport utility vehicle is on the rise.
SAN FRANCISCO (AP) — Chrysler's CEO apologized Saturday for the way he described the interest rates the U.S. and Canadian governments are charging on the bailouts his company received in 2008 and 2009. Sergio Marchionne, speaking Friday during an automotive conference in San Francisco, called the interest rates a "thorn" in his side and said that refinancing the two loans would mean no longer having to explain the "shyster rates.