Manufacturing Ranked #1 Industry For Economic
Prosperity
Metal Suppliers Face Tough Choices
Congress To Vote On 'Cash For Clunkers' Plan
Obama: Health Care Should Change
Five Major Reasons Employees Leave and What to Do
About It
NADCA Offers Training on Greenhouse Gas Emissions
Share Knowledge With Die Casting Community
Manufacturing Ranked #1 Industry For Economic Prosperity
NEW YORK, June 9, 2009 - Despite more than a year of bad news as the manufacturing sector continues
to contract, a new annual index released today by Deloitte LLP and The Manufacturing Institute shows
that Americans view manufacturing as the most important industry for a strong national economy.
There is a wide perception gap, however, between the public's highly positive views of
manufacturing's contributions to America's economic success and their negative views about pursuing a
career in manufacturing.
The survey, Public Viewpoint on Manufacturing, which assessed public perceptions and understanding of
a wide range of issues related to manufacturing, shows that the majority of respondents (71 percent)
view manufacturing as a national priority with 59 percent agreeing that the United States
manufacturing industry effectively competes on a global scale. These results fall in line with
public perceptions that manufacturing plays a larger role in overall economic prosperity compared to
the technology, energy, healthcare, retail, communications and financial services industries.
Metal Suppliers Face Tough Choices
According to Corinna Petry, a handful of metal companies serving the automotive industry continue to
face tough choices on downsizing and consolidating operations, and one in particular is trying to
overcome obstacles in its reorganization effort.
Aluminum die-caster and steel forger Contech LLC, which filed for Chapter 11 bankruptcy protection
Jan. 30, said that "recent attempts to sell all or portions of its casting business to raise
sufficient capital to exit Chapter 11 have not yet led to results."
However, a $13.5-million purchase of Contech's six casting plants by private equity firm Revstone
Industries LLC could gain bankruptcy court approval very soon, according to Andre A. Augier, managing
director of Detroit investment bank W.Y. Campbell...
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Congress To Vote On 'Cash For Clunkers' Plan
According to Ken Thomas of the Associated Press (6-9-09), Consumers
could receive rebates of up to $4,500 for turning in their gas-guzzling
cars and trucks for more fuel-efficient vehicles under a House proposal.
Thomas continued, President Barack Obama has urged Congress to approve
consumer incentives for new car purchases as part of the government's
efforts to reorganize General Motors Corp. and Chrysler LLC through the
bankruptcy courts.
The House proposal set for a floor vote is aimed at stimulating car
sales during a bleak period for the auto industry while increasing the
nation's fleet of cars that get more miles to the gallon, according to
the article.
To read the full article,
click here.
Obama: Health Care Should Change
nadca Bay — President Barack Obama gave a stern message Thursday to a packed gymnasium at nadca Bay
Southwest High School: Do something soon to change the path of American health care or we'll all pay
a severe price.
In his first visit to Wisconsin since his election - and in his kick-off appearance outside
Washington in a major push for health reform - Obama called leaving things the way they are "the
nightmare scenario" because of what it would mean to individuals without good care, to businesses, to
the local and national economy, and to the federal budget.
To read the rest of this article, click here.
Five Major Reasons Employees Leave and What to Do About It
Not surprisingly, employee turnover is a recognized problem at many companies, who as a result,
constantly lose good young talent to their competitors. There are five major reasons employees leave,
which will be covered in this article, but there are steps you can take to help prevent that from
happening. You don’t have to run your company like a country club in order to keep good employees.
You do, however, need to provide them with five things: enjoyable work, a commitment to quality
customer service, ongoing performance feedback, confidence in the future and a sense of pride. To
view the entire article in LINKS magazine,
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NADCA Offers Training on Greenhouse Gas Emissions
Greenhouse Gas regulations will affect all die casters because Greenhouse Gas emissions are
unavoidable in the die casting process. NADCA has created an
online video training course addressing Greenhouse Gas emissions
by die casting facilities. Go through this course to learn about Greenhouse Gases sources, recent
actions by the EPA, proposed regulatory schemes, and ways to prepare for regulations. At the end of
the training the NADCA Carbon Dioxide
Equivalent Emissions Estimate is available to identify if you already are required to report
Greenhouse Gas emissions.
Share Knowledge With Die Casting Community
The
CastExpo'10 NADCA Paper System is now accepting
abstracts for potential presentation at the 114th Metalcasting Congress, held in conjunction with
CastExpo. Metalcasters, researchers and suppliers to the metalcasting industry are encouraged to
submit abstracts on new technologies, procedures, equipment, products and other innovations that
contribute to enhanced productivity and quality. Especially desired are papers relating practical
experience and case studies from casting personnel, and papers on metalcasting management and
marketing strategies. CastExpo'10 will be held March 20-23 in Orlando, Florida. Abstracts are due
August 20.
