WASHINGTON (AP) — The U.S. Justice Department said Friday that Samsung SDI Co. has agreed to plead guilty in a price-fixing conspiracy and pay a $32 million fine. The Justice Department said Samsung SDI, part of South Korea's Samsung Electronics Co., conspired to fix prices, reduce output and allocate market shares of color display tubes, a type of cathode ray tube used in computer monitors and other devices.
Nissan Motor Co. plans to resume auto and parts production at more Japanese factories next week, but it may be several months before inventories and other elements of the country's auto industry return to normal. Nissan said it will resume production of parts at five plants Monday. It then plans to resume vehicle production Thursday as long as supplies last.
NEW YORK (AP) — GM said Saturday it is cutting unnecessary spending companywide as it assesses the impact of production disruptions from the earthquake and tsunami in Japan. The move will help the automaker preserve cash as it deals with the financial implications from shortages of parts made in Japan, a company spokesman said.
ST. PAUL, Minn. (AP) — 3M Co. has agreed to pay up to $12 million to settle an age-discrimination lawsuit with as many as 7,000 current and former employees. The 2004 lawsuit targeted the company's performance-review system, alleging that older workers were disproportionately downgraded. It also accused the company of favoring younger employees for certain training opportunities that could fast-track them for promotions.
The TPU-SD duct with steel wire helix — from Novaflex (Richmond Hill, Ontario, Canada) — is now manufactured using raw materials to meet FDA requirements for food contact applications when used in accordance with the limitations of 21 CFR: 175.105 and 177.2600a. The specially-formulated grade of urethane also maintains the TPU-SD duct’s ability for permanent protection against electrostatic discharge.
NLB Corp. (Wixom, MI) has developed wireless controls for its automated water jet Crawler, which is a surface preparation tool for towers and other large structures that does not expose personnel to the risk of falling. The SRT-10-W Crawler removes coatings and scale faster than manual methods using only ultra-high pressure water (up to 40,000 psi).
Damotech (Boisbriand, Canada) has introduced the Damo Super Guard, which protects pallet racks in warehouses from damage, typically from forklifts. The Super Guard offers an extra level of durability, including five anchor bolts with high shearing capacity to sustain the most common impacts in warehouse environments.
Assured Automation (Clark, NJ) has announced two new butterfly valve series, the first of which is the FK Polypropylene Butterfly Valve Series. This line offers superior strength and chemical resistance in highly-corrosive environments. The valves feature double, self-lubricating seals and direct-mount actuator capability.
When considering product configuration systems it is easy to become inwardly focused and lose out on the greatest benefits as a result. If you are using a product configuration system today or are considering implementing one, remember this one point: Your customers’ experiences with your selling strategies and systems are all that really matter.
The evolution of software-as-a-service ERP is one of the most widely-discussed topics in the manufacturing industry today. Mark Symonds, CEO and President of Plex Systems , a provider of SaaS ERP software, recently spoke with Manufacturing Business Technology about the latest trends surrounding this technology.
This story originally ran in the March 2011 issue of Food Manufacturing . The nation’s largest shipper of Gulf Coast oysters has fallen on hard times. Still recovering from a natural disaster, operations were set back again when BP’s Deepwater Horizon oil rig exploded in April, 2010.
There is a sign along a roadway I travel that puts a wonderfully positive spin on the purchase of a used car. A 2006 Rav4 with 59,000 miles may have been around the block a few times, but at Boch Superstore it’s “NEW TO YOU.” I often recall that headline in a similar context when I’m visiting a new customer for the first time.
The Hacklberger Getränke- und Logistikcenter (Hacklberger Beverages and Logistics Center), founded in 1998, is a spin-off of the Hacklberger brewery, where according to historical documents, beer has been brewed since 1618. The company supplies about 1,200 beverage dealers and is one of the largest breweries in the German area of Bavaria.
RIDGID (Elyria, OH) has introduced the micro CA-100 view-only inspection camera as the newest addition to its Hand-Held Diagnostic and Inspection product line. The micro CA-100 camera allows for more detailed visual digital inspection in hard-to-reach areas. According to the company, the 3.
METTLER TOLEDO (Columbus, OH) has introduced the versatile WMS weigh modules, which can be integrated into automated processes with ease. According to the company, they meet demanding standards and quality requirements. The FDA-compliant stainless steel design features overload stops and a long service life.
Badger Meter (BMI; Milwaukee, WI) has added the Ultra High Pressure Valve Assembly HP-60 to its product line. It is engineered for use in high-pressure chemical applications in need of a 60,000 psi, low-flow control valve. It is designed with a 17-4ph alloy and solid Stellite Innervalve assembly, allowing it to withstand intense pressure.
New Pig Corporation (Tipton, PA) has introduced the PIG Oil-Only Absorbent Mat with Color Flare Technology, which is specifically designed to change color to reveal light-colored oil leaks. The outer spunbond layer contains oil-indicating wax dots, which dissolve in oil to release dye. This process “flares” bright blue to provide a clear visual indication that mineral oil or hydraulic fluid is leaking.
WASHINGTON (AP) — Factories are producing more cars, computers and household appliances, and applications for unemployment benefits over the past four weeks are at the lowest point since summer 2008. Economic data released Thursday suggest that March will be the second straight month of strong job growth.
DETROIT (AP) — A shortage of parts from Japan will force General Motors Co. to halt production at its pickupplant in Shreveport, La., next week, the company said Thursday. It's the first time a U.S.-based automaker will stop production in North America over parts shortages caused by the earthquake and tsunami in Japan.
WASHINGTON (AP) — Inflation spooked the nation in the early 1980s. It surged and kept rising until it topped 13 percent. These days, inflation is much lower. Yet to many Americans, it feels worse now. And for a good reason: Their income has been even flatter than inflation. Back in the '80's, the money people made typically more than made up for high inflation.