AUGUSTA, Maine (AP) — A company plans to bring a manufacturing operation to Maine's former Brunswick Naval Air Station after the base closes, creating up to 250 jobs. Gov. John Baldacci says Kestrel aircraft company will start with 50 to 75 jobs, and then expand. U.S. Rep. Chellie Pingree said Friday at the announcement in the Augusta State Airport that "any time you talk about new jobs coming to Maine — that's good news.
DETROIT (AP) — General Motors is getting into the subprime lending business. And that means taxpayers are, too. But these car loans aren't as risky as you might think. GM, majority owned by taxpayers, is buying a company that makes car loans to shoppers with poor credit. Unlike home loans, though, the risk in subprime auto lending is relatively low and may reward GM.
WASHINGTON (AP) — Computer maker Dell Inc. is paying $100 million to settle civil charges that it fraudulently used payments from Intel to pump up its profits to meet Wall Street targets over five years, the government announced Thursday. Under the settlement with the Securities and Exchange Commission, company Chairman and CEO Michael Dell also agreed to pay a separate $4 million civil penalty.
MONACA, Pa. (AP) — An explosion Thursday at a zinc smelting plant in western Pennsylvania killed two people and injured at least one, authorities said. A worker who initially had been reported missing was among the dead, Beaver County emergency dispatcher Kevin Joy said. The rest of the work force at the Horsehead Corp.
DEARBORN, Mich. (AP) — Ford Motor Co. posted a strong second-quarter profit Friday but trimmed its U.S. sales forecast and predicted weaker results in the second half as the economy slowly recovers. The automaker surprised Wall Street, making $2.6 billion in the quarter as it continued to grab sales from rivals.
Investing in more efficient process machinery makes good business sense and will help to ensure reduced costs plus a greener plant. However, not all plants can afford to replace their present equipment with newer, more efficient machines. What steps can these plants take to “green up” their business and operate more efficiently? Most plants can vastly improve machine reliability, efficiency, and reduce raw materials conversion costs by simply making improvements in their present machinery.
The HemiPleat Nano dust collector filter from Camfil Farr Air Pollution Control (Jonesboro, AR) offers high filtration efficiencies, a longer service life, and lower pressure drop for energy savings and enhanced performance. A thick layer of nano fibers are applied to the filter to yield a MERV 14 efficiency rating.
The two-part epoxy delivery systems from Adhesive Packaging Specialties (Peabody, MA) include the thorough blending of two-component materials, degassing them to remove entrapped air, and then freezing the resin system in a disposable syringe or cartridge. The containers are then packed in dry ice and shipped directly to the customer’s facility to provide on-demand mixing and dispensing of two-component materials in a controlled process.
The Beyond platform of high-performance tool grades for holemaking applications from Kennametal (Latrobe, PA) is now available in three new grades: KCPK10, KCU25, and KCU40. The whole series covers SPPX/SPGX Drill Fix Square outboard inserts, available in HP, FP, and MD geometries. Kennametal’s indexable drill platform can be used in virtually any short-hole applications with CNC lathes or machining centers.
Optima EPS (Fremont, CA) has announced a new cabinet enclosure for mobile applications or seismic zones. The Mobile cabinet features double-walled extrusions for a rugged, modular design, and is placed on an isolator platform for additional protection while mobile. All of the M-series cabinets also feature reinforced corner members, cross-bracing, and stiffeners to handle rugged applications.
The Executive Edge leadership track brings together business executives and top leaders in environmental, health and safety (EHS) management. Top decision-makers are increasingly discovering that well-integrated EHS management systems create worldclass organizations with competitive advantage and business sustainability.
U.S. Energy Services expert Beau Griffey answers questions about the American Power Act now in the senate and addresses how it may affect manufacturers if it is enacted. Q: How was the American Power Act first introduced, and how has it gotten to where it is today? A: The first iteration of climate legislation came from the House, and that was the Waxman-Markey bill that was passed last June.
The future of equally dangerous and awesome technology is getting ever closer. On Tuesday, the U.S. Navy and Raytheon announced they had successfully used a high-powered, solid state laser to shoot down multiple drones over the coast of California. Once the technology is perfected, the defense contractor hopes to deliver a laser system that can shoot down incoming missiles, UAVs, or even aircraft.
You're working hard at your desk, but you feel like a nice, cold refreshment is exactly what you need to make it through the grind. Typically, you need to break your concentration and get up in order to procure said refreshment. Not anymore, thanks to some bright minds at Willow Garage. If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
Most of us probably use copiers on a pretty regular basis, but how many of us actually know how they work? Turns out the science is fairly simple, but the engineering certainly isn't. The most fundamental principles involved are electrostatics (materials sticking together due to static electricity) and photoconductivity (light causing current to flow).
We're all used to watching ads, but if one Tokyo-based company has its way, the ads will be watching us right back. Facial recognition technology allows billboards to track faces, estimate ages, and gauge reactions to advertised products. The billboards are even able to personalize an advertisement based on your demographic, with the hope of greater interaction between consumer and marketer.
WASHINGTON (AP) — For jobless Americans struggling to pay their bills and keep their homes, the restoration of unemployment benefits could keep their crisis from getting worse. The same might be said of the broader economy. The Senate is expected to vote Wednesday to keep providing unemployment benefits for up to 99 weeks to more than 5 million long-term unemployed.
NEW YORK (AP) — Coca-Cola Co.'s second-quarter net income climbed 16 percent as the world's largest drink maker sold more soft drinks and juices in every part of the world except Europe. The Atlanta-based maker of Coke and Sprite left its 2010 guidance unchanged Wednesday but said it remains cautious about meeting its targets.
LITTLE ROCK, Ark. (AP) — A Gerber baby food plant in Fort Smith will get a $90 million upgrade and hire 50 more workers to operate a new infant cereal line, parent company Nestle Nutrition North America announced Tuesday. The plant already employs 650 people and plays an important role in the economy of the city of 84,000.
BRUNDIDGE, Ala. (AP) — The state fire marshal's office says a fire at a go-kart manufacturing plant in Pike County last week was caused by arson. Steve Holmes, a spokesman for the fire marshal's office, said Tuesday inviestigators have discovered the origin and cause of the blaze at the Carter Brothers manufacturing plant, located off U.