For anyone looking for signs that the recession may finally be giving up its firm grip on the economy, the steady stream of quarterly earnings reports coming out of the nation's companies could offer some signs of hope. To be sure, big companies like General Electric, Caterpillar, Coca-Cola, Yahoo and drug maker Merck are showing the pain, with sales and profits dropping as the recession eats away at demand for their goods.
Mac Tools (Westerville, OH) introduces its new TLL4000 rechargeable LED shop light, for use in a variety of applications — any time additional, focused lighting is required. The TLL4000 model is improved from previous versions, including a molded handle grip, lens edge guard, and polycarbonate hook.
Hyde Tools (Southbridge, MA) has developed its Rapid Valve Transfer spray painting system, useful for getting at hard-to-reach spots. With Hyde’s new product, the spray valve is separated from the gun, allowing for easy pivoting of the head to any angle.
Parsec Automation Corp. (Brea, CA) releases a new generation of its LEANTrak line, a mobile productivity solution that can be easily moved from machine to machine, or line to line, in order to monitor and examine critical operations. The new LEANTrak utilizes Parsec’s Real-time Performance Management software, which is easy to use, even for nonprogrammers, requiring no wiring, programming, or disruption in productivity.
Master Bond Inc. (Hackensack, NJ) debuts its UV22 epoxy system, which is nanosilica reinforced and UV curable, for industrial applications. According to the company, the nano-sized filled (<50 nm) gives the system a high abrasion resistance, optical clarity, little shrinkage, and strength while maintaining a low viscosity of 4,000 cps.
July 29, 2009 BERLIN (AP) — The chief negotiator for General Motors Co. said that there is not yet a preferred bidder for Germany's Opel, though the negotiations are "coming to a point of decision." In a post on the company's blog, John Smith, GM's group vice president and chief negotiator on Opel, wrote that "despite media reports to the contrary, GM has NOT specified its preference for a bidder.
July 29, 2009 WASHINGTON (AP) — Orders to U.S. factories for big-ticket durable goods plunged in June by the largest amount in five months, reflecting the continuing troubles in the auto industry and a steep drop in demand for commercial aircraft. The Commerce Department said Wednesday that orders for durable goods fell 2.
At least eight workers were injured Tuesday in a blast at an explosives manufacturing plant in southeast Ohio. The explosion occurred about 10:30 a.m. at Austin Powder Co.'s Red Diamond plant near McArthur. It happened in a building where workers make detonating cord used in commercial blasting, said Mike Gleason, executive vice president.
An explosion at a southeast Ohio explosives manufacturing plant has injured four workers. Austin Powder Co. Executive Vice President Mike Gleason says the blast about 10:30 a.m. Tuesday at the plant near McArthur was in a building where workers make detonating cord used in commercial blasting.
A startup car company says it's moving forward with plans to build a multibillion dollar plant in Mississippi that could produce a million fuel efficient vehicles a year. Discussions about the proposed plant were first revealed in June when a federal judge unsealed a lawsuit involving two Chinese businessmen and their companies that were fighting for control of Hybrid Automotive Corporation.
The lawyer for a bankruptcy trustee of an embattled kosher slaughterhouse says the company is unlikely to pay fines to Iowa's labor agency. Iowa Workforce Development last week agreed to slash proposed fines by $9 million against Agriprocessors, Inc.
The Mideast investment fund that recently bet big on Mercedes-Benz said Tuesday it will pay about $280 million to buy nearly a third of commercial space travel startup Virgin Galactic. Aabar Investments' buy-in gives British billionaire Sir Richard Branson's space tourism venture a big financial kickstart at a time when many funding sources have dried up because of the global recession.
Menlo Park, CA — Noren Products Inc. has launched a new website . Customers visiting the website can find new pages and updated product images. Also added to the website is a contact page with Noren’s sales team. Noren Products provides customers with thermal solutions in a number of industries.
The 2009 catalogs for igus Inc. are now available on CD-Rom. The updated and searchable CD features full versions of igus’ print catalogs, in addition to videos, application examples, links to CAD files, and other online tools.
Piqua, OH — Hartzell Fan, a manufacturer of industrial air moving equipment, has launched an e-commerce website featuring general ventilation fans from their HRS stock program. The FansInStock website allows customers to receive customized quotes and the ability to purchase products easily and quickly.
Perfex Corp. (Poland, NY) releases its #30-3 Deluxe Disinfection System, designed for cleaning and disinfecting small areas. The 36 liter bucket comes with casters, waste containment bucket, and stainless steel hardware. The #30-3 can be used with the sieve alone, or with a sieve for the waste containment bucket for a bucket-in-bucket system.
West Chester Holdings (Monroe, OH) expands their PosiGrip® line with dipped gloves for industrial applications such as bottling and canning, recycling, and handing of small oily parts. The gloves can be produced in nitrile, polyurethane, latex, and bi-polymer (nitrile and polyurethane blend) to handle both wet and dry applications.
AutomationDirect (Cumming, GA) adds to its line of electrical wire with flexible service cord, available in sizes ranging from 18 to 10 gauge, for use in industrial applications. The new wire comes in two-, three-, or four-conductor configurations.
Omron Electronics (Schaumburg, IL) extends its NS Series touch screen HMI’s with a 15-inch display that offers high brightness to enhance readability in indoor and outdoor applications. The NS15 offers built-in Modbus II, internet interfaces, and Ladder Monitor functionality to support industrial applications, from process control to material handling.
Boosting machine productivity and preventing downtime are always key objectives of any manufacturer, but they become critical imperatives during periods of economic downturn. Advanced maintenance and lubrication practices, supported by a new generation of powerful digital technology, can assist productivity initiatives by keeping rotating machines running longer and more efficiently.