Taking Advantage of Depreciation
from Modern Metals
 The decision to purchase new equipment is always a result of many factors. Manufacturing needs, market temperature, customer demand, equipment price, material price and the thickness of a company's wallet all must be within a company's desired range before a check is written for, say, that new punch press or that high-tech waterjet system. One thing helping companies make that decision this year is the Economic Stimulus Act and its depreciation bonus, which allows businesses that purchase new equipment in 2008 to trim their tax bill. More
Undo the Catch-22: Why Manufacturers Need Marketing Automation
from Manufacturing Business Technology
Most manufacturers know about automating processes such as product life-cycle management and design, and understand the importance of technology support for human resources, supply chain, and accounting. Yet most have not yet applied the same rigor and measurability to their marketing departments, and as a result are not prepared for the dramatic changes affecting how companies meet and develop relationships with prospective customers. More
USAF Creates Global Strike Command
from Aviation Week
The U.S. Air Force will stand up a new major command called Global Strike Command devoted strictly to the nuclear enterprise, the service announced Oct. 24 at the Pentagon. “We’ve taken many corrective actions in response to painful lessons learned,” Air Force Secretary Michael Donley told reporters, but “more work remains to be done.” Air Force leaders released a so-called roadmap, titled “Reinvigorating the Air Force Nuclear Enterprise,” that details major actions the service will take. More
Rising Manufactured Goods Exports Offer Good Economic News
from The National Association of Manufacturers
Recent trade figures released by the Commerce Department showing that manufactured goods exports continued a rapid growth pace in August, up 15 percent over August 2007, offer "a positive counterpoint to the otherwise grim economic news from Wall Street," said Frank Vargo, Vice President for International Economic Affairs of the National Association of Manufacturers (NAM). More
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Product Showcase:
Maple. Quality & Cost Effective
 Maple Industries, Inc. is the primary manufacturer of standard cutting tool hardware servicing the metalworking industry. Our products, widely used in the global market, are made in the U.S. with strict attention to process control and validations for consistently manufactured precision products. By supplying direct, the end user will realize substantial savings. More info
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Timken Expands Service to Wind Market
from Modern Distribution Management
The Timken Company, Canton, Ohio, plans to expand production capacity at its Tyger River facility in Union, S.C., to serve the wind energy market. The investment is part of a strategy to strengthen Timken’s position in serving growing global demand for highly engineered large-bore bearings that will help customers harness wind power. Timken expects demand for large-bore bearings used in main-rotor shafts and gear drives in wind turbines to grow rapidly in the coming years as reliance on renewable energy increases. More
Magnomatics’ Top Gear
from The Engineer Online
Sheffield University spin-out Magnomatics, which develops novel high-torque magnetic gearboxes, motors and generators, is leading a consortium to produce high torque density electric drives for commercial vehicles. The company says its technology is also suitable for applications such as wind turbines, hybrid cars, aircraft and domestic equipment, and is being applied in the U.K. government-backed Low Carbon Vehicles Integrated Delivery Programme. More
Intuitive Interface Optimizes Machining Center Operation
from ThomasNet Industrial NewsRoom
Standard on any high-speed or high-performance machining center, OSS (Operator Support System) automatically configures cutting parameters to optimize machine performance based on specific job requirements. It provides intuitive interface for entering data used to tailor machining processes. The system offers 12 initial presets, with ability to save additional customized settings, in addition to operator rankings of relative priorities: job accuracy, cutting time, and surface quality. More
Altra Appoints New Vice President, General Counsel and Secretary
from Market Watch
Altra Holdings, a leading global supplier of clutch brakes, couplings, gearing, belted drives and power transmission components, today announced the appointment of Glenn E. Deegan as Vice President, General Counsel and Secretary, a new position for the company reporting directly to Altra's Chief Executive Officer. Mr. Deegan will be responsible for all corporate legal matters at Altra and its subsidiaries, including mergers and acquisitions, compliance with securities regulations and corporate governance matters. More
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