WARRENVILLE, Ill. (AP) — Navistar International posted a surprise profit for the second quarter Wednesday on strong sales of trucks and a new structure that lowered material costs and shifted plant operations. Navistar more than doubled its net income, even as revenue dipped. "Our expectations are to be profitable across the business cycle," Chairman and CEO Daniel C.
MORRIS, Minn. (AP) — The winds sweeping across the Northern Plains could soon help farmers fertilize their crops of corn, wheat and sorghum. Minnesota researchers have designed a $3.75 million carbon-free system that uses wind power from a towering turbine to produce anhydrous ammonia, a common nitrogen-based fertilizer.
At one time, Farm Power stored its feedstock in this large tank, but upon discovering that the hay doesn’t degrade much when exposed to the elements, the not-for-profit chose to store it more naturally, on the ground. The antiquated view of the family farm may already be long gone in the minds of many, but Farm Power has managed to plow itself straight from the stigmatized old-fashioned farm into a farm of the future.
by Jeannine Aversa, AP Economics Writer WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke said Monday he is hopeful the economy will gain traction and not fall back into a "double dip" recession. "My best guess is we will have a continued recovery, but it won't feel terrific," Bernanke said.
SHANGHAI (AP) — Honda Motor Co. said Tuesday it was assessing the impact of a walkout by some workers at one of its parts suppliers in China, just days after resolving a strike that froze car production at four factories. The strike by some workers at Foshan Fengfu Autoparts Co. in Foshan, a city in southern China's Guangdong province, began Monday morning, said company spokesman Keitaro Yamamoto.
HONG KONG (AP) — Protesters picketed Foxconn's annual general meeting in Hong Kong on Tuesday, accusing both the Apple Inc. supplier and computer giant of poor corporate ethics after a spate of suicides at Foxconn factories in mainland China. The 30 demonstrators held signs saying, "Workers are not machines.
MIDDLEBURY, Ind. (AP) — A northern Indiana cargo trailer maker says it may close its plant in the city of Middlebury — a move that would cost 150 workers their jobs. Illinois-based Pace American Inc. notified the state of the possible closing late last week, saying it is in the process of selling its business operations and assets.
FREMONT, Calif. (AP) — U.S. Labor Secretary Hilda Solis said Monday that the federal government will provide $19 million in emergency grants to help thousands of workers who lost their jobs when California's only auto plant closed. Solis said the money would be used to retrain workers at New United Motor Manufacturing Inc.
WASHINGTON (AP) — Manufacturing job gains in the Midwest helped lower the nation's economic stress in April to its lowest point in five months, according to The Associated Press' monthly analysis of conditions around the country. Contributing to the improvement were lower foreclosure rates in two states with beaten-down housing markets: California and Florida.
MUMBAI, India (AP) — Police arrested some 200 workers occupying a Hyundai Motor plant as a strike stopped the automaker's Indian production for a second day, the latest in a series of union battles that have pushed the nation's No. 2 carmaker to move some production to Turkey. Hyundai spokesman Rajiv Mitra said police removed the workers from the factory shortly after midday Tuesday and arrested about 200.
The Dannon Company, Inc. is America's founding national yogurt company and continually leverages its expertise to develop and market innovative cultured fresh dairy products in the United States. Headquartered in White Plains, NY, Dannon has plants in Minster, OH, Fort Worth, TX and West Jordan, UT.
Legislation recently introduced to overhaul the nation’s outdated chemical law is a “no-brainer”—so much so that the industry itself largely supports the move. Given the complexities of the global marketplace, however, the Safe Chemicals Act of 2010 easily could lead to unintended consequences that harm the U.
Recently, Time released its list of the 50 worst inventions of all-time , a dumping ground for well-meant ideas — however pathetic —that never really hit the ground running. In fact, many of them simply hit the ground, and from a long way up. Time ’s list ranges from the macabre ( Agent Orange ), to the annoying (Facebook’s Farmville game), to the nostalgia-inducing ( Olestra and Microsoft Word’s Clippy ).
Renishaw (Hoffman Estates, IL) has developed the “lean design” XL-80 system for laser interferometer calibration, which allows a 4x faster slew rate, 10x higher dynamic data capture rate, and a smaller package. The XL-80 brings nanometer-level motion analysis to advanced machine tools, robots, and assembly systems.
The AMI300 Indoor Air Quality monitor from E Instruments (Langhorne, PA) is ideal for any IAQ application, according to the company. The monitor can detect CO, CO2, temperature, humidity, air flow (vane and hot wire), air velocity, and more. In addition, the AMI300 can be used with a variety of temperature, humidity, and air flow probes, which can also be wireless.
The new Elevation Station adjustable-height workstation from Southworth Products Corp. (Portland, ME) allows the user to raise or lower the tabletop, reducing fatigue and back strain. The unit features a foot pedal at each end of the base to initiate a smooth, precise transition to any height between 24” to 40”.
Seika Machinery, Inc. (Torrance, CA) announces that their Solder Paste Recycling (SPR) unit is able to reduce the amount of waste material to less than 10 percent of current volumes by recycling solder paste. The SPR allows companies to move forward with green initiatives as well as save by recycling leftover solder material for reuse in another process, according to the company.
Thybar (Addison, IL) introduces the Retro-mate, a cost-effective method of replacing rooftop HVACs. The old unit is removed, and then the Retro-mate is installed on top of the existing curb to adapt it to the new rooftop unit. Existing ductwork can be utilized for even more savings, according to the manufacturer.
Strong Hand Tools (Pico Rivera, CA) designed the 90° Corner Magnet for holding workpeices from the outside, leaving unobstructed space inside your workpiece for welding. The boomerang-shaped magnet has a height of just 3-1/2”, making it compact enough to take anywhere in the shop.
Balluff (Florence, KY) has developed the BunderProx, a rugged, “self-bunkering” M18 inductive proximity sensor designed to survive longer in welding applications without external protection. The BunkerProx has a strong, thick housing that boosts the ability to withstand repeated mechanical impact, and also acts as an intermittent heat sink to shield the electronics from intense heat.