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Racing against the clock

December 7, 2004

Prince Industries Inc., a contract manufacturer of CNC machined components, branched out into CNC fabricated components several years ago when it purchased two turret punch presses, a plasma machine, and a laser with manual loading and unloading. These machines were quickly overburdened with the growing workload, so the company sought a more modern laser with automated material handling.

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No job gains in manufacturing for third consecutive month

December 3, 2004

The 112,000 new U.S. jobs created in November included no manufacturing jobs. Manufacturing lost 5,000 jobs in November, the third month in a row of job decline for the sector.In releasing the...

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AK Steel announces carbon steel price increase

December 3, 2004

AK Steel has announced that it will increase base prices for all its carbon, flat-rolled steel products by $50 per ton, effective with shipments on and after Jan. 1. The increase applies to steel...

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Manzullo: Defense industrial base erosion threatens U.S. national security

December 2, 2004

House Small Business Committee Chairman Don Manzullo (R-IL) said that the continued erosion of the U.S. manufacturing sector eventually could hinder the U.S.'s ability to protect itself, and steps...

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Lincoln Electric appoints lead director

December 1, 2004

Lincoln Electric Holdings has announced that its board has modified its Corporate Governance Gudelines to provide for the annual appointment of a lead director to serve as a liaison between the...

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Wise words from the mountaintop—Part 12

December 1, 2004

By:

Editor's Note: This is the twelfth episode in a mountaintop dialogue that Gerald has been having with a "wise business guru." They have been talking about establishing a continuous improvement program."Continuous improvement," I grumbled. There are excellent books on this topic and I have read a...

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Elkay's Ogden operation to relocate, expand

November 30, 2004

Elkay has announced the relocation and expansion of its sink-manufacturing operations in Ogden, Utah, nearly tripling the size of the company's existing facility. The new Elkay facility will be...

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3rd quarter GDP revised upward

November 30, 2004

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 3.9 percent in the third quarter of 2004,...

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Ryerson Tull to acquire Integris Metals

November 23, 2004

Ryerson Tull, Chicago, has announced the signing of an agreement to purchase Integris Metals Inc., one of North America's largest metals service centers, from Alcoa Inc. and BHP Billiton.Ryerson Tull...

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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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