NEW YORK (AP) — Industrial manufacturer Honeywell International Inc. said Tuesday it is opening an office in Baghdad to make equipment for Iraq's oil and gas industry and plans to open other offices in the country over the next few years. The company said it is hiring local employees.
Despite recession job losses, the skilled worker gap is still plaguing manufacturing. Between image problems and a lack of training, there may not be a better time to improve your value-added services in high tech areas by Gerald Shankel, President and CEO, Fabricators & Manufacturers Association, International Consider a manufacturing career amid media reports of shuttered factories, job losses, and the worst economy since the Depression? Although certainly counter-intuitive, the answer to that question is a resounding “Yes!” Despite the shaky economy, scores of American manufacturers are reporting a dire need for skilled labor.
A reliable solution that allows a distributor to effectively manage its supply chain can result in better quality control, optimized transportation, and a better return on investment. For more than 70 years, Pandol Bros., Inc. has been providing customers with the world’s finest produce and service that’s second to none.
The U.S. unemployment rate currently hovers around 9 percent, while Demark's jobless rate is an astoundingly low 4.2 percent. What gives? Well, it turns out the United States could learn a whole lot from Denmark when it comes to fighting long-term unemployment. According to this video, Denmark's generous unemployment benefit system has allowed the European country to curb joblessness more effectively than other countries.
Learn how switching from V-belt drives to synchronous belt drives can save energy, downtime and maintenance costs year after year.
DETROIT (AP) — General Motors gave its current and former chief executives more than $1.3 million in stock in the third quarter under terms of their pay packages. The automaker says in filings with the Securities and Exchange Commission that former CEO Ed Whitacre got more than 16,300 shares worth over $883,000 on Sept.
PESHWAR, Pak. - Logistics companies Agility, TNT, and UPS are providing warehousing, transport, and logistics support in Pakistan to ensure critical relief supplies reach the people affected by the disastrous rains and flooding. The three companies comprise the Logistics Emergency Teams (LETs) unit, a cross-company partnership to support humanitarian relief efforts during natural disasters.
Akro-Mils (Akron, OH) recently introduced its line of InSight Ultra Clear bins for organization and transport applications. According to the company, a unique “lock-in-place” design helps optimize valuable storage space by allowing bins to be securely stacked, even with lids in place.
Reed Manufacturing (Erie, PA) offers the ½ horsepower, electric 5401TMSO threading machine. The product centers and chucks pipe and conduit and rotates it while cutting, threading, and reaming operations are performed. The 5401TMSO threading machine also features: An oil system complete with a self-priming pump A large, integral oil reservoir Easy-to-remove metal chip collection trays A three-spoke handwheel with a gear and rack system The threading capacity for bolt is 1/4” – 2”, and it is 1/8” – 2” nominal for pipe.
Reelcraft (Columbus City, IN) now offers an expanded Series 30000 line of heavy duty cord and cable storage reels. Designed to handle long lengths of 10/3, 12/3, and 16/3 cable, the reels are constructed of heavy-gauge steel and assembled with vibration-proof, self-locking fasteners to ensure assembly integrity.
Metabo (West Chester, PA) introduces the WP11-125 Quick 5” angle grinder for industrial and welding applications. Ideal for cutting and grinding metal and concrete, Metabo's new angle grinder features a long-lasting 9.6 A motor with 1,100 watts of power, 26.9 inch-lbs.
VAN BUREN TOWNSHIP, Mich. (AP) — After more than a year in bankruptcy court, auto supplier Visteon Corp. emerged from Chapter 11 protection on Friday with $2.1 billion less debt on its balance sheet. Visteon, which makes automotive interior products, filed for bankruptcy protection in May 2009 as the auto industry suffered from the economic downturn and a severe slump in sales.
FORT WORTH, Tex. – Allied Electronics has signed a distribution agreement with Pentair Technical Products, a leading provider of worldwide product and service solutions for enclosing, protecting, and cooling electrical and electronic systems. Allied will carry Pentair’s industry-leading brands – Hoffman, Schroff, and McLean Cooling Technology.
COMMERCE CITY, Col. – Kirby-Smith Machinery, Oklahoma City, is the latest dealer to carry Atlas Copco’s line of compressors, generators, and tools for sale and rent. Kirby-Smith Machinery was established in 1983 and is recognized as one of the premier new and used heavy construction equipment and crane dealers in the country, serving the construction, earth moving, paving, road building, materials handling, compaction, and demolition markets.
DALLAS (AP) — Heavy-equipment maker Caterpillar says it will raise prices up to 2 percent worldwide starting in January. The company said Thursday the price increase was due to "industry factors" and the economy. Caterpillar says price hikes will vary by product and location. It plans to give dealers the details soon.
The U.S. Air Force has signed an eight-year contract with Boeing Co. worth $11.9 billion for upgrades to B-52 bombers. The Defense Department says that Wright-Patterson Air Force Base in Ohio is handling contract activities. Shares of Chicago-based Boeing rose 79 cents to $66.76 in after-hours trading, after finishing regular trading up $1.
WASHINGTON (AP) — Applications for jobless benefits dropped last week for the third time in four weeks, a sign that employers are cutting fewer jobs. Initial claims for unemployment aid fell by 16,000 to a seasonally adjusted 453,000, the Labor Department said Thursday. Wall Street analysts had expected a smaller drop.
Why should you consider purchasing and implementing a SaaS solution? Mark Symonds, President and Chief Executive Officer for Plex Systems Inc., answers that question and explains what specific areas of a distribution enterprise can benefit from the implementation of a SaaS solution. If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
READING, U.K. -- Wolseley recently announced the final fiscal results for the year ended 31 July 2010. The distributor of building materials and construction supplies offered the following financial highlights in its release to the media: Revenue of £13,203 million, 10% below last year on a constant currency basis.
WASHINGTON (AP) — The Senate on Tuesday blocked tax legislation that would have punished U.S. firms that export jobs. But the political symbolism of trying to save American jobs, not passing a bill, was the Democrats' closing argument on the economy in the waning weeks of the congressional elections.