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Revitalizing the U.S. tool and die industry

May 10, 2005

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The U.S. tooling industry has received quite a bit of press in the past few years documenting its demise. Many people believe the rise of lower-cost tooling industries in foreign countries is the main culprit.Unfortunately, it's not that simple. The U.S. tooling industry's future is precarious, but...

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Making a clear-cut decision

May 10, 2005

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Deciding what automated cutting equipment is best for your small or medium shop depends on many factors: part size, part thickness, part accuracy, parts quantity, computer skills, and machine payback, or return on investment.

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Abrasives that make the grade

May 10, 2005

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Efficient and economical metalworking, from cut-off and grinding operations to blending welds to final finishing, depends on selecting abrasives of the right kind and grade and using them safely.

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Employment rose, unemployment rate unchanged in April

May 6, 2005

Employment rose in April, and the unemployment rate was unchanged at 5.2 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Nonfarm payroll employment increased by...

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Mittal Steel USA idling blast furnaces

May 6, 2005

Mittal Steel USA is taking steps to match its output with inventory adjustments occurring in the markets that it serves, the company says. On May 5, the company started cooling the C-6 furnace at its...

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Productivity rises, but labor costs increase

May 5, 2005

The U.S. Department of Labor's Bureau of Labor Statistics today reported preliminary productivity data—as measured by output per hour of all persons—for the first quarter of 2005....

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Worker confidence rises, finances still a concern

May 4, 2005

Confidence among U.S. workers rose slightly in April as the Hudson Employment Index edged up 1.2 points from 101.2 to 102.4. Despite the increase, workers expressed continued uneasiness about their...

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Nufab Rebar announces acquisition

May 4, 2005

Nufab Rebar LLC, Nucor Corp.'s rebar fabrication joint venture with Ambassador Steel Corp., has announced that it has acquired Lulich Steel LLC. Lulich Steel is a rebar fabricator serving the...

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Small businesses struggle to attract top talent

May 3, 2005

Almost three in four small business owners say their most serious disadvantage when hiring new employees, compared with larger companies, is the ability to provide a competitive package of benefits...

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Manufacturing orders, production, employment expanding

May 3, 2005

Economic activity in the U.S. manufacturing sector grew in April for the 23rd consecutive month, while the overall economy grew for the 42nd consecutive month, said the nation's supply executives in...

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Wheeling-Pittsburgh to idle No. 1 blast furnace

May 3, 2005

Wheeling-Pittsburgh Steel Corp. today announced that it will idle its No. 1 blast furnace permanently on Thursday, May 5. The shutdown will end more than 100 years of service by one of the oldest...

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Manzullo: IRS should assist small business owners

April 29, 2005

In a full committee meeting held April 27 to explore ways to close the tax gap, House Small Business Committee Chairman Don Manzullo (R-IL) said the Internal Revenue Service (IRS) should expand its...

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Economy, business investment slowing

April 28, 2005

During the first quarter, the U.S. gross domestic product (GDP) grew at its weakest pace in two years, slowing to a 3.1 percent annual expansion rate as consumers and businesses curbed spending amid...

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Timken Latrobe Steel completes upgrade

April 28, 2005

Timken Latrobe Steel today held an inaugural ceremony to launch the upgraded continuous rolling mill at its Latrobe, Pa. plant.The mill is equipped with electric induction and resistance heating and...

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AK Steel announces May surcharges

April 28, 2005

AK Steel has advised its flat-rolled carbon steel customers that a $218 per ton surcharge will be added to invoices for products shipped in May 2005. The company also has advised its electrical steel...

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