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M&A experts predict more U.S. auto supplier mergers

November 22, 2004

According to the International Network of Merger and Acquisition Partners (IMAP), too many U.S. auto suppliers, rising interest rates, soaring raw material prices, and U.S. automaker overcapacity,...

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Timken to increase seamless tubing prices

November 19, 2004

The Timken Corp. has announced price increases on mill shipments of seamless tubular steel products effective with shipments on Jan. 1, 2005, until further notice. Raw material surcharges will remain...

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Jobless claims drop

November 18, 2004

The number of people filing new claims for unemployment benefits fell to 334,000 in the week ended Nov. 13, down 3,000 from a revised 337,000 in the previous week, the U.S. Department of Labor...

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3rd quarter mass layoffs lowest ever recorded for quarter

November 18, 2004

In the third quarter of 2004, 780 mass layoff actions were taken by employers that resulted in the separation of 131,452 workers from their jobs for at least 31 days, according to preliminary figures...

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Progressive Manufacturing Summit speakers announced

November 17, 2004

Managing Automation, a Thomas Publishing Co., LLC brand, has announced that Tom Duesterberg, president and CEO, Manufacturers Alliance/MAPI, and Randy Pond, senior vice president of operations,...

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SAA conference to focus on survival in the auto industry

November 16, 2004

The Society of Automotive Analysts (SAA), will present its 17th annual Automotive Outlook Conference, January 11, 2005, in Detroit, Mich., in conjunction with the North American International Auto...

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AK Steel announces December surcharges, calculation modifications

November 15, 2004

AK Steel has advised its flat-rolled carbon steel customers that a $153 per ton surcharge will be added to invoices for products shipped in December, an increase of $4 from November's surcharge of...

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Grant benefits South Carolina's rural manufacturers

November 12, 2004

The U.S. Department of Agriculture (USDA)/Rural Develoment has awarded the South Carolina Manufacturing Extension Partnership (SCMEP) a $185,000 Rural Business Enterprise Grant to assist small and...

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U.S. manufacturing's survival hinges on three key issues

November 11, 2004

According to Peggy Smedley, author of Mending Manufacturing: How America Can Manufacture its Survival, U.S. manufacturers face three key issues in 2005: competing in a global economy; incentives for...

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U.S. Federal Reserve raises interest rates

November 10, 2004

The U.S. Federal Reserve raised interest rates November 10 by a quarter percentage point for the fourth time this year, moving the rate to 2 percent from 1.75 percent.The Fed began lifting rates in...

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Challenges and considerations in joining exotic materials

November 9, 2004

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Every day Voss Aerospace faces challenges that vary as much as the materials its welders join and fabrication processes they use.

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Large-diameter vacuum cups handle feed stock, parts, scrap

November 9, 2004

Large vacuum cups from Vi-Cas Mfg. are available in sizes 15 in. and larger to fit almost any type of vacuum equipment used for lifting and placing large or heavy items, including sheet and plate feed...

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Software delivers detailed formability analysis

November 9, 2004

Forming Technologies Inc. has introduced CATSTAMP, CAA V5-based software that provides CATIA V5 users with detailed formability analysis for evaluating and validating stamped components and draw die...

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Endoscope inspects internal profile of tube, pipe welds

November 9, 2004

Orbimatic offers an endoscope for inspecting the internal profile of tube and pipe welds.The endoscope comes with a 1-m flexible shaft fitted with an 8-m-dia. probe. A 90-degree probe adaptor also is...

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Generators have four preset DIG settings

November 9, 2004

Miller Electric Mfg. Co. has introduced the Trailblazer® 302 CC/CV, AC/DC and Trailblazer 275 DC CC/CV engine-driven welding generators that feature four preset DIG settings— soft arc and...

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