Dear Sir or Madame-
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In this February 10, 2010 Publication:
Factory Orders Increased One Percent in December
Macedonia Company Awarded $835,000 Grant
Energy upgrades for Summit, Stark
Flow Science Announces Consultancy Agreement
with AlchemCast
2010 Executive Conference
Taking Advantage of R&D Tax Credits during
an Economic Downturn
Factory Orders Increased One Percent in December
The AP (2/4) reported,
"Orders to U.S. factories posted a big gain in December, far exceeding expectations and
adding to evidence that the manufacturing sector is supporting the economic recovery."
According to Commerce Department data published Thursday, "orders rose by 1 percent last
month, double the 0.5 percent forecast by economists surveyed by Thomson Reuters. It was
the eighth increase in the past nine months."
Bloomberg News (2/5, Schlisserman) notes that manufacturers are
expected to "keep boosting production to limit further declines in inventories after a
record drawdown last year. Computer disk drive-maker Seagate Technologies is among
companies reporting stronger demand that may begin to generate confidence in the
recovery." Economists predict "a 0.5 percent rise in orders after a previously reported
0.6 percent gain for November."
Macedonia Company Awarded $835,000 Grant
Macedonia — A local metal processing company has received close to $1 million in
stimulus funding to make its operation more energy efficient.
Gov. Ted Strickland announced today that Empire Die Casting, of Macedonia, is one of 19
Ohio projects that will receive a share of more than $11.8 million in industry
efficiency grant awards funded through the American Recovery and Reinvestment Act’s
State Energy Program.
To view the rest of this article, click
here.
Energy upgrades for Summit, Stark
GREEN: The buzz came through the conference room Monday morning at Kovatch Castings Inc.
that Gov. Ted Strickland wouldn't be able to attend the news conference as previously
announced because of the funeral of a fallen state trooper.
It was met with relative indifference by the 200 area business leaders, Kovatch Casting
workers and local and state politicians.
The important thing was this: Stimulus money was coming.
To view the rest of this article, click here.
Flow Science Announces Consultancy Agreement with AlchemCast
SANTA FE, NEW MEXICO: Flow Science, Inc. announced that it has entered into a
cooperative agreement with AlchemCast, LLC to provide computational fluid dynamics (CFD)
consultancy services in the iron and aluminum sand casting industry. AlchemCast assisted
developers at Flow Science by providing empirical data necessary to validate FLOW-3D’s
new core gas generation model and, under the new agreement, will continue to provide
supporting data and advice in respect to further developments of FLOW-3D aimed at better
serving foundries.
"This agreement will enable iron and aluminum foundries to more-easily benefit from CFD
simulation methods, in order to design and produce their parts better and faster,” said
Thomas S. Jensen, Flow Science’s president, ” and getting greater access to the
expertise of the engineers at AlchemCast will be a huge plus for our development
process.”
To view the rest of this article, click here.
2010 Executive Conference
This year the conference will be held in Lake Buena Vista, Florida at
Disney's Grand Floridian Resort & Spa. The conference conveniently
convenes on March 23, the day CastExpo'10 ends and runs until the
morning of March 25. This conference is filled with invaluable amounts
of information with presentations from Jim Paulsen - Wells Capital
Management, Emily DeRocco - The Manufacturing Institute, Robert Eppich -
Eppich Technologies and a half day presentation on Brand Loyalty given
by the Disney Institute. Along with these great presentations you will
receive:
- Admission to CastExpo'10
- Metalcasting Congress Sessions
- NADCA & AFS Congress Transactions
- Ticket to the 2010 Die Casting Industry Award Banquet at Indiana
Jones(tm) Epic Stunt Spectacular! Theater in Disney's Hollywood
Studios(tm)
- Breakfast on Wednesday and Thursday served lakeside at Summerhouse in
Disney's Grand Floridian Resort & Spa
- Closing reception at The Living Seas with Nemo & Friends with private
viewing of Disney's Illuminations: Reflections of Earth in Epcot(r)
For more detailed information or to register please visit
www.diecasting.org/meetings/exec or give me a call at 847.808.3161.
Taking Advantage of R&D Tax Credits during an Economic Downturn
During an economic downturn, manufacturing and other technology-oriented businesses may
find themselves with underutilized employees and spare capacity due to falling order
volumes and production decreases. This may be the optimal time for businesses to
consider putting these assets to work by initiating new product development projects or
implementing improvements to existing product lines so that the business can emerge
stronger and better positioned when the economy does begin to grow. Both Federal and
State governments may assist manufacturers in realizing this goal through the tax
benefits available via the research and development tax credit. To learn more, click here to login and read
this month’s issue of LINKS magazine.
