Dear Sir or Madame-
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In this February 24, 2010 Publication:
Harkin Announces Nearly $5 Million In Recovery Act
Funds For Rural Iowa Businesses
Cascade Die Casting Group Inc. in Sparta Plans
to Hire Up to 8 Employees
Register for the Executive Conference Housing
Block by Feb 28
How to Maximize International Intellectual
Property Protection
Register to Attend CastExpo’10 Before March 1
Harkin Announces Nearly $5 Million In Recovery Act Funds For Rural Iowa Businesses
WASHINGTON, D.C. — Senator Tom Harkin (D-IA) today announced that two rural Iowa
businesses have been approved for loan guarantees totaling $4,777,379. Schoon
Construction of Cherokee and Northern Iowa Die Casting of Lake Park will use these funds
to strengthen their business and keep jobs in Iowa. The funds are being provided
through the U.S. Department of Agriculture Rural Development's Business and Industry
Guaranteed Loan Program and were funded in the American Recovery and Reinvestment Act of
2009. Harkin worked to secure these funds through his role as a senior member of the
Appropriations Committee, which wrote the Recovery Act.
“In order for Iowa’s economy to grow and keep jobs in our state, we must support our
local businesses,” said Harkin. “Today’s loans will allow these Iowa companies to
remain strong, add to the local economy’s tax base and keep jobs in our state.”
The details of the loans are as follows:
Schoon Construction in Cherokee (Cherokee County) has been guaranteed a loan of
$3,325,000. The company earns most of their income from trenching and installing
utility and fiber optic lines as well as installing farm tile, trucking and warehousing.
Today’s funding will help the company to grow, in addition to saving an estimated 61
jobs.
Northern Iowa Die Casting in Lake Park (Dickinson County) has been guaranteed a loan of
$1,452,379. The company manufactures parts for a number of agricultural, commercial and
recreational equipment manufacturers. Today’s funding will strengthen the company and
save an estimated 82 jobs.
Cascade Die Casting Group Inc. in Sparta Plans to Hire Up to 8 Employees
SPARTA -- The Cascade Die Casting Group Inc. plant on Sparta Avenue plans to add five to
eight employees after buying a new melt furnace.
The $469,000 furnace, delivered last week, will increase production of aluminum alloy
products for the automotive, medical, electrical and other industries, company spokesman
David Bowman said.
It also will use about half the natural gas as similar furnaces, including one at the
plant that will be used much less now. The company recently gained new customers and
developed new products, leading to the need for the furnace, Bowman said.
The company is applying to the state for a 12-year, 50 percent tax abatement, which the
Village Council approved. Cascade Die also hopes for utility company credits for the
fuel savings.
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Registration for the Executive Conference Housing Block Closes Feb 28
This is just a reminder that the housing block for the Executive Conference closes on
Fabruary 28. If you were thinking about signing up for the conference please make your
hotel reservation soon. 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.
For more detailed information or to register please visit: www.diecasting.org/meetings/exec, give me a call at 847.808.3161 or
fill out the attached form and fax it to 847.808.3171.
To make a room reservation please Disney’s Grand Floridian Resort & Spa at (407)
824-1383, option 1. You must identify yourself as a North American Die Casting
Association conference attendee to receive the discounted rate.
We look forward to seeing you in Florida!
How to Maximize International Intellectual Property Protection
International competition is increasing daily. Competitors are quick to copy, and
customers are looking for the best price. Brand name and personal relationships still
carry some weight, but not as in years past. One way for U.S. manufacturers to compete
effectively in today’s marketplace is by controlling innovation through intellectual
property (IP). Given the international nature of business, IP protection should also be
international and, to the extent cost effective, coextensive with a business’ current
and future market presence. To learn more on how to protect your intellectual property,
click here to log in and
read the full article in LINKS magazine.
Register to Attend CastExpo’10 Before March 1
Wheeling, IL - February 12, 2010 North American Die Casting Association (NADCA) and
American Foundry Society (AFS) join forces again for CastExpo’10. Running March 20-23 in
Orlando, FL, CastExpo’10 is the one stop for all metalcasters this year. Featuring more
than 400 exhibitors and 150 technical presentations, CastExpo’10 promises to be the best
CastExpo yet.
Some highlights of CastExpo’10 will include:
Cast in North America Pavilion: Metalcasters exhibit for the first time to network with
buyers and designers and to market their casting abilities in an unprecedented forum.
The winners from the International Die Casting Competition will be highlighted.
NADCA Bookstore: The NADCA bookstore will offer free software demonstrations three times
given daily focusing on Gating, PQ2 and Castview. In addition, NADCA’s new publications
and 2010 downloadable transaction instructions will be available for purchase.
Metalcasting Technology Theatre: This theatre will provide practical presentations for
metalcasters and casting buyers on the CastExpo exhibit floor and will complement the
annual Metalcasting Congress Sessions.
2010 Die Casting Industry Award Banquet: Held on March 23, this banquet will feature the
awards winners of prestigious industry awards, safety awards and the annual congress
awards.
In order to take advantage of the significantly discounted admission price, attendees
must register before March 1, 2010. After March 1, the price will increase $50. To
register for CastExpo'10, visit www.castexpo.com.
Safety Award Winners to be Celebrated at CastExpo'10
This year's safety award winners will be recognized at NADCA's Industry Awards Banquet
which is taking place on Tuesday, March 23, during CastExpo'10. Being held at the
Indiana Jones Stunt Spectacular Theatre™ at Disney Hollywood Studios, this event is sure
to thrill! But, will your company be recognized? The only way to win is to apply and
qualify for the award! The program rewards Corporate Members in good standing with
Perfect and Outstanding safety records. February 26 is the deadline to submit your
company's application. Additional information and the application form is available by
clicking here.
