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Taking a long-term view of press brake productivity

June 14, 2005

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Reducing nonvalue-added time—back guauge origin, nonprecison clamping surfaces, die shimming, scrap, and inefficient tooling storage—over time can save thousands.

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Metal on his mind

June 14, 2005

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Most people are happy just to get their thoughts down on paper. Mike Ingram takes it a step farther, capturing what he sees in his mind in the metal he shapes and welds.

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Rosta Intl. to establish North American headquarters

June 13, 2005

Rosta International Ltd. (Rosta), a China-based manufacturer of steel and aluminum wheels for automotive manufacturers and the aftermarket industry, announced today that it will open a sales and...

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SSINA: First quarter bar, rod imports raise red flags

June 13, 2005

The dramatic increase in imports and import penetration of stainless steel bar and rod in the first quarter of 2005 raises red flags for U.S. producers, according to the Specialty Steel Industry of...

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Analysis indicates U.S.-led global economy slowing

June 13, 2005

The U.S. and global economies are slowing, but there is no cause for alarm yet, according to an analysis released today by The Conference Board."While it is easy to attribute the slowdown either to...

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Mittal extends Weirton blast furnace outage

June 10, 2005

Mittal Steel has decided that a lengthier outage, with accompanying layoffs, is necessary at its plant in Weirton, W.Va.The blast furnace that smelts iron for the steelmaking operations at Mittal...

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TRUMPF delivers water treatment plants to Indonesia

June 10, 2005

As part of a tsunami relief project, TRUMPF donated 10 water treatment plants, eight of which now are in operation in Indonesian refugee camps.Almost six months after the horrific floods in southeast...

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Ford names president, CEO of Volvo Cars

June 9, 2005

Ford Motor Co. has appointed Fredrik Arp as CEO and president of Volvo Cars Corp., succeeding Hans-Olov Olsson, who becomes chairman of the board of Volvo Cars.Arp most recently served as president...

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UAW VP comments on GM shareholder address

June 8, 2005

United Auto Workers (UAW) Vice President Richard Shoemaker, who directs the UAW General Motors Department, issued the following comments about GM Chairman and CEO Rick Wagoner's State of Business...

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Deere Foundation gives $3 million to aid African farmers

June 8, 2005

The John Deere Foundation today said it plans to provide $3 million over the next three years to KickStart, a social enterprise that creates and markets tools to help end poverty in developing...

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GM to slash jobs, close plants

June 7, 2005

Speaking at its shareholder meeting today, General Motors Corp. Chairman and CEO Rick Wagoner said the company is eliminating 25,000 U.S. jobs by 2008 and closing plants to help bolster its North...

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Nucor acquires Marion Steel

June 6, 2005

Nucor Corp. has announced that its wholly owned subsidiary, Nucor Steel Marion Inc., has completed the purchase of substantially all of the assets of Marion Steel Co. ("Marion") for a cash purchase...

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EWI names president, CEO

June 6, 2005

The Board of Trustees of the Edison Welding Institute (EWI) today announced the selection of Dr. Henry J. Cialone as president and CEO. Cialone replaced Don Caudy, who has been serving as the...

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Flow Intl., Motoman expand alliance

June 3, 2005

Flow International Corp., a supplier of ultrahigh-pressure waterjet products, and Motoman Inc., a provider of robotic automation and a wholly owned subsidiary of Yaskawa Electric Corp., have announced...

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CFOs: capital spending, employment growth to slow

June 3, 2005

Chief financial officers say that employment and capital spending will slow over the next year. The CFOs point to inflationary pressures on input costs, such as high fuel and health care costs, as...

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