Sixty-four percent of finance executives expect the overall economy in 2011 to fare better than in 2010 — an optimistic outlook reflected by reports of improving economic conditions, reduced fears of a “double-dip” recovery and increased expectations for revenue growth. These results are part of the findings of a quarterly poll of finance executives conducted in December 2010 by Adaptive Planning and the Business Performance Innovation Network.
As companies decide on which path to take with their lean journeys, they often get stuck when just getting started. There are numerous opinions out there coming from lean practitioners like myself, trainers, educators, and lean organizations. Lean is a business strategy. Metrics weigh heavy as one of the reasons to implement various lean tools, so does customer satisfaction, and culture change.
WASHINGTON (AP) — With global food prices rising and more corn being diverted to the production of ethanol fuel, Bill Clinton is warning of food riots in poor nations. The former president told farmers and Agriculture Department employees on Thursday that while producing biofuels is important for reducing America's dependence on foreign oil, farmers should also look beyond domestic production and consider the needs of developing countries.
SEATTLE (AP) — The U.S. states of Washington and Kansas are celebrating a decision to award Boeing Co., a $35 billion contract to build nearly 200 airborne refueling tankers, one of the biggest defense contracts ever that will add tens of thousands of jobs to the struggling economy and bolster regional air industries for a generation.
WASHINGTON (AP) — As corporate profits rise and Wall Street earnings soar, President Barack Obama is pressing American business leaders to create more jobs and find ways for struggling middle-class families to share in the nation's economic recovery. Obama says the private sector has to do its part to ensure that "we're not simply creating an economy in which one segment of it is doing very well, but the rest of the folks are out there treading water.
BEIJING (AP) — Volvo Cars said Friday it will invest $10-$11 billion worldwide over the next five years in an ambitious expansion following its acquisition by a Chinese automaker. CEO Stefan Jacoby's announcement came as Volvo unveiled plans to target fast-growing China for stronger sales.
JACKSON, Miss. (AP) — One of Mississippi's most successful private companies pleaded guilty Thursday to conspiracy to violate immigration laws related to the nation's largest workplace raid on illegal immigrants, federal authorities said. Immigration agents detained more than 600 illegal immigrants at Howard Industries' electrical transformerplant in Laurel during a massive raid on Aug.
WASHINGTON (AP) — Toyota Motor Corp. recalled 2.17 million vehicles in the United States on Thursday to address accelerator pedals that could become entrapped in floor mats or jammed in driver's side carpeting, prompting federal regulators to close its investigation into the embattled automaker.
CLEVELAND, OH — Applied Industrial Technologies (NYSE: AIT) has announced that Dave Smith has been promoted to Director of Corporate Purchasing. In this role, Smith will oversee the product purchasing needs for all of the company’s distribution centers, as well as activities related to transportation and procurement systems.
NTE Electronics, Inc. (Bloomfield, NJ) has expanded its fuse line to include 10x38mm photovoltaic fuses for solar panel applications. The 74-10FC Solar Protection Fuse series has been specifically designed for photovoltaic (PV) systems. The midget fuses can safely protect PV modules and their conductors from reverse over current conditions despite the challenges of DC power.
Reid Supply Company (Muskegon, MI) has launched a new section on ReidSupply.com, which allows customers to quickly see the latest releases in any selected product area. According to Reid, this allows companies to better keep their productivity at its highest, as they are not wasting time to find the newest or latest products relevant to their processes.
Hamilton Caster (Hamilton, OH) has released the new 7500 Caster Series, which carries heavy loads over uneven surfaces. The casters use a forged steel design and heavy-duty, semi-pneumatic tires, which offer twice the capacity of a traditional pneumatic caster. According to the company, they deliver a smooth ride, even more rough or broken concrete.
Mole-Master Services Corporation (Marietta, OH) now provides abrasive blasting as an environmentally friendly, cost-effective alternative for cleaning food processing bins and silos. The abrasive blasting services are ideal for removing a variety of materials, including paint, surface rust, scale, graffiti, corrosion, and contaminants.
ATLANTA — Grainger recently presented Georgia-Pacific Professional with two Partners in Performance Awards for 2010 at Grainger’s annual supplier conference held recently in Schaumburg, Ill. Georgia-Pacific Professional earned both the Green Supplier of the Year and an award for operational excellence.
Outdoor Gear Manufacturer discovers rugged flexibility of modular conveyors When an outdoor gear manufacturer developed a new concept for manufacturing ice substitutes and handling scrap plastic, it needed several special conveyors to bring it to fruition. After using traditional conveyors for years, engineers at the facility wanted conveyors that were adaptable to other projects, because they felt that using conveyors designed for other tasks compromised the success of the operation.
I came across a few things in life that bear comment this month. One leads into the same rant from last month about Silicon Valley. The other is an optimistic story about my recent experience at the National Association of Food Equipment Manufacturers show in Orlando. I noticed last week on the PD&D feed, President Obama was assembling the biggest names in Silicon Valley to confer on jobs, education, and innovation.
A new survey with MSNBC and Reader's Digest shows that more Americans than ever are inextricably connected to their gadgets. With more than 95 percent of respondents with access to a computer, it's clear that we're downing as much digital media as possible. Are we getting too connected? Visit msnbc.
For decades, farmers have been using acetylene-powered "hail cannons" as a method to protect their delicate crops from the devastating effect of hailstorms. They function, on a basic level, by generating shockwaves that aim to break up falling hailstones. Now in smaller pieces, the fragments melt quickly and fall as rain.
At TED@MotorCity, Dale Dougherty, publisher of MAKE , talks about the American tradition of being "makers": the people who play, interact, develop, and innovate new technology, even if only for fun. We can't help but agree with the importance of being "makers." If more people were encouraged to be creative with technology, we wouldn't have the major skilled worker shortage in manufacturing, and we would better be able to continue technological innovation, which helps create jobs and business for the American public.
Why is glass transparent? Seems like a dumb question, right? Perhaps, but I would wager that most people don't know the real reason. Thankfully, Sixty Symbols regular Professor Phil Moriarty is here to save us from our ignorance with an explanation that involves photons, electrons, and a little something known as the "electron gap.