SAN JOSE, Calif. (AP) — Silicon Valley's economy took a big hit during the global meltdown and could have trouble climbing out, according to a report released Wednesday. The 2010 Index of Silicon Valley said the region is entering a "new phase of uncertainty" where job losses, a shrinking foreign talent pool, a drop in investments and state legislative gridlock could put its standing as the center of technology at risk.
NEW YORK (AP) — PepsiCo Inc.'s fourth-quarter profit almost doubled on strength in its snacks business and overseas beverage operations, while U.S. beverages continued to slump. The drink maker said Thursday it will continue to launch new snack products as well as speed growth in developing markets, which it expects to boost revenue and profit.
WASHINGTON (AP) — The U.S. trade deficit surged to a larger-than-expected $40.18 billion in December, the biggest imbalance in 12 months. The wider deficit reflected a rebounding economy that is pushing up demand for imports. The Commerce Department said the December deficit was 10.4 percent higher than the November imbalance.
The EnvironGear Sealless Gear Pumps, made by PeopleFlo, are now avilable through Springer Pumps (Telford, PA). The pumps are designed to handle a wide range of fluids, with features like high-strength spindlers, one fluid chamber, and an internally adjustable integral relief valve.
Gardco (Pompano Beach, FL) is offering the DT-329, an LED-based stroboscope that delivers a crisp image while operating at all flash rates with high brightness. Even at repeats up to 120,000 FPM, the service life of the DT-329 is five times greater than traditional xenon flash tube-based stroboscopes, according to the company.
The David Round Company (Solon, OH) offers a new series of stainless steel trolley products for clean room use, designed to meet the needs of food processors, pharmaceutical manufacturers, and electronics producers. Manual, hand-geared, and motorized stainless steel trolley products are available to position chain, strap, or wire rope hoist products in the plants.
The Revvo Caster Company, Inc. (West Seneca, NY) introduces its new range of Flexello brand D Series light-duty swivel casters for a variety of applications, such as carts, dollies, work cabinets, and tool boxes. The casters are offered in four sizes (2”, 3”, 4”, and 5”) with load capacities ranging from 110 to 220 lbs.
“Oh, What a Feeling: Watching Toyota Flunk for Once” When I first read the headline a few days ago on NYTimes.com, I assumed the feature would be thinly veiled tongue-in-cheek commentary about the recent debacle with Toyota’s massive recalls. In my mind, the prospect of anyone taking satisfaction in this highly terrifying safety breach is hard to believe.
Since 1953, Morrison Industrial Equipment Company (Grand Rapids, MI) has lived by a simple credo: provide unparalleled customer service. Beginning from a six-employee office with a focus on selling lift trucks , Morrison Industrial Equipment has grown to include 13 facilities in 11 cities spread across Michigan and northern Indiana.
FRANKFORT, Ky. (AP) — Four governors of states with Toyota plants called Wednesday for Congress to be fair to the automaker in hearings concerning safety recalls. Kentucky Gov. Steve Beshear, Indiana Gov. Mitch Daniels, Mississippi Gov. Haley Barbour and Alabama Gov. Bob Riley asked in a letter Wednesday that Toyota get "a responsible and fair response from the federal government.
LAKE FOREST, IL (Feb. 8, 2010) — Grainger (NYSE: GWW), North America’s leading distributor of facilities maintenance supplies, today announced the release of its 2010 catalog including more than 300,000 maintenance, repair and operating (MRO) products, the company’s largest offering yet.
Over the past few decades, the use of sophisticated high density electronics within automation and process control panels has become commonplace. Thermal management and its related costs for these electronic enclosures are very important considerations in managing these valuable assets.
I spend a huge amount of my time as a keynote speaker at countless conferences and events, many of them within and to the food, packaging, retail and restaurant sector. I also spend quite a bit of time with smaller, strategy-oriented leadership session designed around the theme of “how to innovate in a high velocity economy.
Stoody (St. Louis, MO) announces a new system that eliminates the need to place separate purchase orders for Stoody and other Thermadyne products. The new system will enable customers to order all Thermadyne-branded products on a single order, with the total order being applied to free freight minimums.
Sensor Products (Madison, NJ) is now offering Pressurex pressure-indicating sensor film, which can be used during ultrasonic welding to ensure that the horn and anvil are precisely aligned during setup. Pressurex reveals the distribution and magnitude of pressure between any two contacting surfaces, and when placed between the horn and anvil or the ultrasonic bonder, the film instantaneously and permanently changes color proportional to the pressure applied.
Allegro (Garden Grove, CA) has manufactured the Manhole Ventilation Passthru (MVP), which is designed to maintain and redirect air flow, with minimal restrictions, into manholes, sewers, and tanks. The MVP combines three components—a low-profile air vent, 90° elbow, and built-in mounting—all in one unit.
Mokon (Buffalo, NY) introduces a Full Range process temperature control system, which offers a combination heating/chilling system in one package. According to the company, the system integrates a Mokon circulating water system with an Iceman chiller to provide heating and chilling from a single, compact, self-supporting unit for optimal performance.
MIDDLETOWN, Conn. (AP) — A federal investigator says employees of the main contractor at a Connecticut power plant that exploded have had unfettered access to the site and could compromise probes into the deadly blast. Don Holmstrom, the lead investigator for the U.S. Chemical Safety Board, says he's concerned that employees of O&G Industries could unintentionally alter the scene at the Kleen Energy Systems plant in Middletown.
NEOSHO, Mo. (AP) — The owners of the Twin Rivers Foods plant in Neosho says it will close on April 6, costing 485 workers their jobs. The Fayetteville, Ark.-based company's human resources director, Doug Quillen, notified the state on Tuesday of plans to close the chicken deboning plant. The Joplin Globe reports that in a letter to the state, Quillen said the closing would be permanent.
by Larry Margasak, Associated Press Writer WASHINGTON (AP) — Jim Shuker, who tests vehicles for Toyota, says he feels so strongly about quality that he believes he personally failed by not finding the company's acceleration problem. Shuker was among 23 Toyota workers from across the country who were flown to Washington at company expense to fight Tuesday for their employer's reputation.