BETHESDA, Md. (AP) — The CEO of defense contractor Lockheed Martin Corp. received 2010 compensation worth $19.1 million, 7 percent less than in 2009, according to an Associated Press analysis of a regulatory filing by the company. Robert J. Stevens got a bigger annual bonus, and his stock awards grew slightly.
BEIJING (AP) — Chinese authorities have arrested 3,001 people in their latest crackdown on rampant product piracy and seized fake or counterfeit medicines, liquor, mobile phones and other goods, officials said Sunday. The campaign launched in October comes as Beijing faces pressure from the United States and other trading partners to stamp out product copying.
DES MOINES, Iowa (AP) — Angered by repeated releases of secretly filmed videos claiming to show the mistreatment of farm animals, Iowa's agriculture industry is pushing legislation that would make it illegal for animal rights activists to produce and distribute such images. Agriculture committees in the Iowa House and Senate have approved a bill that would prohibit such recordings and punish people who take agriculture jobs only to gain access to animals to record their treatment.
The recession has caused many banks to reduce or cut credit for businesses, making it difficult for many manufacturers to obtain operational funds. Some companies are turning to accounts receivable financing to obtain these needed funds and grow their businesses.
Design for Reliability (by Daniel T. Daley), is a new book available from Industrial Press (New York, NY) that addresses the process from the manufacturer’s viewpoint, allowing readers to deliver the goods that their customers want. According to the company, the book is ideal for anyone involved in the design, development, or purchase of new assets.
The new Model X-40 from Detcon (The Woodlands, TX) is a low-power alarm and control system designed to monitor multiple gas detection sensors and a wide range of other field devices. It is available in two packages — the Model X40-8 and Model X40-32 — both of which can be customized and expanded based on individual application needs.
Luvata Grenada (Grenada, MS) has announced its new range of air-cooled condensers that reduce refrigerant charge and perform 25 percent more efficiently. The 800mm series air-cooled condensers are available with enhanced copper tube/aluminum fin, or with all-aluminum Microchannel coils, both of which are compatible with environmentally- friendly refrigerants.
Custom-designed, OSHA-compliant safety nets from Carron Net Company (Two Rivers, WI) can help protect workers from falling objects, and reduce costly product damage. According to the company, the nets are cost-effective and easy-to-install to protect pallet racks, conveyors, mezzanines, and floor-stacked loads from loads up to 5,000 pounds.
An air motor is often the right choice when it comes to specifying a drive system for a manual device or a complex industrial system, whether as a high torque motor in the agitator system of a paint and coating manufacturer, as a highly durable stainless steel motor in newspaper print production, or as a compact power pack for an innovative roller transport device.
Baldor Electric (Fort Smith, AR) has developed their Ethernet-compatible PowerLink servo drives, which have been used in a variety of applications, such as a conformal coating machine with three-dimensional spraying accuracy at Advanced Coating Robotics (ACR). The drives, equipped with Baldor’s motion control software, offer real-time interpolated control via a simple plug-together system building approach.
The Load Seeking Clamp 4.0, available on the SL automatic stretch wrapper from Lantech (Louisville, KY), was designed to reduce film breaks. At the beginning of the wrap cycle, the Load Seeking Clamp 4.0 goes to the edge of the load, creating clamp-to-load contact regardless of the width of the load.
HEMCO (Independence, MO) has announced the UniMax Floor Mount Fume Hood, which comes in sizes from 6’ to 24’ wide, 4’ to 8’ deep, and 7’ to 16’ high. According to the company, tall apparatus or long, integrated instrumentation systems can be easily accommodated into the hoods, which are constructed of chemical-resistant, non-conductive modular panels in a composite resin material.
WeldSeal from IMPCO Inc. (East Providence, RI) is a brush-on methacrylate compound formulated for sealing porosity in welds that will contain gases under pressure, or liquids. The low dynamic viscosity allows it to move into pores and seams, or close-fitting ferrous metal surfaces. Additional benefits include: A mixture that is a VOC-free, low-viscosity, and pale blue liquid that can be easily applied by a brush.
WASHINGTON (AP) — Despite a last-minute attempt to derail it, the government launched a public database Friday that allows people to report and search safety complaints on thousands of products — from cribs and toys to power tools and hair dryers. SaferProducts.gov, overseen by the Consumer Product Safety Commission, went live as scheduled over the objections of manufacturers and a stalled GOP effort on Capitol Hill to withhold money for the project until critics' concerns were addressed.
TOKYO (AP) — Japan ordered thousands of residents near a northeastern nuclear power plant to evacuate on Friday following a massive earthquake that caused a problem in the plant's cooling system. Chief Cabinet Secretary Yukio Edano said the Fukushima No. 1 power plant was not leaking radiation.
DETROIT (AP) — The chief financial officer who guided General Motors Co. to its first profitable year since 2004 and led its successful return to the stock market is leaving after being passed over for the top job. Chris Liddell will step down on April 1 after just 15 months at GM. He'll be replaced by Treasurer Dan Ammann, a former Wall Street banker, the company said in a surprise announcement on Thursday.
ST. LOUIS (AP) — The former chairman and CEO of St. Louis-based KV Pharmaceutical Co. was fined $1 million after pleading guilty Thursday to misdemeanor counts related to manufacturing oversized tablets of a pain-relief drug called morphine sulfate. Marc S. Hermelin, 69, also was sentenced to a month in prison after pleading guilty to two federal counts of misbranding drugs.
WASHINGTON (AP) — Could modern cars operating with the help of internal computers be vulnerable to hackers? Could someone tamper with your software-controlled brakes or stop the engine from afar? The familiar problem for personal computers is being studied in automobiles as internal computer networks become as critical to vehicles as tires and engines, and as auto companies push to bring the Internet to motorists.
TAMPA, Fla. (AP) — One person is dead and another is in the hospital after a crane collapsed at a Pepsi bottling plant in Tampa. Tampa Fire Rescue officials say the collapse happened just before 1 a.m. Friday when a lift system that was undergoing maintenance collapsed on two workers. Capt.
WASHINGTON (AP) — Federal officials said Thursday that the consumer health unit of Johnson & Johnson will be barred from resuming operations at a Pennsylvania manufacturing plant linked to millions of bottles of defective medicines until it meets quality standards. The Food and Drug Administration signed a formal consent decree with the company designed to improve operations at three manufacturing sites linked to multiple recalls of medications last year, including Children's Tylenol, Benadryl and Motrin.