Here is a summary of recent earnings reports for selected technology companies and what they reveal about the state of spending and the overall economy: July 13: Intel Corp. reports its largest quarterly net income in a decade as the chipmaker benefits from a stronger computer market and more sophisticated factories.
DETROIT (AP) — General Motors Co. is likely to file paperwork next week that describes its plan to sell shares to the public, a person familiar with the matter said Friday. The Detroit automaker had planned to file the papers on Friday but delayed the move to build distance between the filing and two major announcements it made on Thursday, said the person, who asked not to be identified because the company is not commenting publicly on the stock sale.
Imagine you’ve just started production in your newly remodeled assembly plant, and news comes that production of the existing models will be cut 30 percent and another completely different variant will need to be accommodated. Scenarios like this are a nightmare for the facilitation of lean principals, but a common occurrence in the automotive industry.
Buried inside the USDA’s Biofuels Strategic Production Report is a startling prediction from both EPA and USDA: If the Renewable Fuel Standard targets are to be met by 2022, there will be a wholesale change in U.S. crop usage. However, doomsayers who have been predicting an inevitable conflict between food and fuel appear to have been completely off the mark.
Lista International Corporation (Holliston, MA) has expanded its Lista Xpress program, which features a selection of Lista products ready to ship within three to five days of a customer’s order. The company has developed four new styles of the All-Purpose workbench, a four-leg bench that is ideal for a variety of settings, according to the company.
Georgia-Pacific’s (Atlanta, GA) line of Brawny Industrial Wipers is expanding with the addition of Brawny Industrial High Performance Shop Towels, which are engineered to replace rags and shop towels. Brawny towels are designed to be hygienic, safe, and strong, according to the company, and are able to stand up to tough working environments.
Ideal Industries, Inc. (Sycamore, IL) is now offering a 5-in-1 non-conductive screwdriver that meets ASTM F1505-94 and IEC900 standards for the safety of technicians working on electrical components. Each screwdriver is UL- and VDE-listed and certified to 1,000V AC or 1,500V DC for safety. The high-visibility bright yellow handle, along with a permanently-bonded orange insulation shaft, act as an “at-a-glance” safety system, according to the company.
Magid Glove & Safety (Chicago, IL) has introduced Magid E2 IHP932J and IHP932CJ Jumbo-Sized, Uncorded, and Corded Disposable Earplugs. The hypo-allergenic polyurethane foam has a high noise reduction rating (NRR) of 32 dB, with a variety of sizes. A tapered design ensures a comfortable fit all day long, and the red PVC cord keeps the plugs close at hand while reducing loss and further enhancing visibility.
The Model 42A Pump Controller from Time Mark is a versatile liquid level/pump management system that can control up to three pumps with a 4-20mA input or two pumps and backup floats. Alarm inputs for seal failure, over-temperature, or contactor failure, plus an alarm output relay, are provided.
United Air Specialists, Inc. announces the W Series of weld fume collectors, which are available in portable (WP model) and wall-mount (WS model) configurations. The collectors effectively capture weld fumes at the source of the welding process with obstruction-free extraction arms. Once inside the system, contaminants are sent through a spark trap and captured within a fire-retardant Protura Nanofiber cartridge filter.
Yale Materials Handling Corporation has launched its GC050LX cushion tire and GP050LX pneumatic tire internal combustion lift trucks. The GC/GP lift trucks take technologies utilized in the heavier-duty Yale Veracitor trucks — solid construction and durability — and adapt them for use in moderate-duty working conditions.
The Farrow 185, a self-contained coatings removal system from Farrow System USA , is engineered to remove any type of industrial corrosion-control coating quickly and safely. The process uses Farrow Green Clean media, a natural product that contains no chemicals or hazardous materials. Other features of the Farrow 185 include: The ability to clean coatings from wood, plastics, steel, aluminum, brass, concrete, and more.
The ENERGY GUARD from the Kelley Company provides a perimeter seal along the sides and rear hinge of dock levels in order to block dirt, debris, and insects, not to mention prevent energy loss. The design closes gaps between the dock leveler and concrete pit walls up to 9” above the dock level, stopping the mass flow of air from seeping through, and minimizing the transfer of heat in and out of the facility.
The Universal Conduit Elbow from Thomas & Betts functions as four elbows in one, resulting in the reduction of stock parts. The elbow replaces LL, LR, LB, and C conduit bodies for most applications. In addition, pulling wire is made easier because the radius of the elbow is the same as the conduit itself.
Munters is now supplying its Zeolite rotor concentrator systems for the removal of volatile organic compounds from process exhaust streams. The hydrophobic Zeolite material is combined with a Honeycombe desiccant rotor to create a VOC absorption system that reduces operating costs and helps the environment, according to the company.
EagleBurgmann has developed DiamondFaces, a synthetically-manufactured, ultrapure diamond — with the same characteristic as a natural stone — for seal coating. A microcrystalline coating of 8-µm thickness on a silicon carbide seal face extends the life of the seal, reduces maintenance costs, according to the company.
Rugged Cycles have developed an industrial-friendly bicycle with an airless, chainless design. Instead of a traditional chain, the Rugged version uses a drive shaft, which helps eliminate the most common cause of industrial bike-related injuries: the chain. The solid polyurethane tires use no air, which makes them impossible to deflate, and reduces maintenance costs and time.
The RIDGIDConnect online business software suite from RIDGID allows customers to share and store digital assets, such as diagnostic job site photos and videos, job reports and histories, maintenance records, customer lists, and more. According to the company, this simplifies communication and recordkeeping duties.
CINCINNATI (AP) — Consumer products makers Procter & Gamble Co. said Thursday that it will use a plastic derived from sugarcane in the packaging of some of its products. P&G said the material will be used for Pantene Pro-V, Covergirl, and Max Factor products. The plastic is made from a process that converts sugarcane into high-density polyethylene.
HUTCHINSON, Kan. (AP) — Hutchinson police say a 30-year-old man died when a part from a boiler fell on him. The man, whose name was not released, died Thursday night at Superior Boiler Works. Police Sgt. Eric Buller says the employee was working alone in area of the plant when the accident occurred.