Dear Sir or Madame-
Click here to view an archive of past newsletters
In this June 23, 2010 Publication:
NADCA to Host 2011 Die Casting Congress
& Tabletop in Columbus, OH
Administration Proposes Superfund
Tax Reinstatement on Manufacturers
China's Currency Reform & U.S. Legislation
Register Today for the Plant Management Conference
Is Branding Relevant in Today’s B2B Market?
NADCA to Host 2011 Die Casting Congress & Tabletop in Columbus, OH
Wheeling, IL – June 23, 2010 – Beginning in 2011, the North American Die Casting Association (NADCA) is
excited to announce that they will once again be hosting die casting specific shows.
The Die Casting Congress & Tabletop and Die Casting Congress & Exposition will occur in 2011 and 2012
respectively. The Die Casting Congress & Tabletop will be Sept. 19-21, 2011, at the Greater Columbus
Convention Center – Battelle Hall South in Columbus, OH. During the three days of Congress sessions,
technical and management presentations will be given by experts from around the world. These
presentations will expose metalcasters to the latest technology, ongoing research and successful
management tools that will assist companies in enhancing their competitiveness.
“We look forward to a strong combination of technical papers and supplier displays that will
demonstrate die casting’s important part within the entire metalcasting industry,” said NADCA president
Daniel L. Twarog. The Congress sessions will be presented at the adjoining Hyatt Regency Columbus.
In addition to the Congress sessions, this tabletop show will feature more than 60 exhibitors, the
International Die Casting Design Competition, a design luncheon and an awards banquet.
NADCA is excited to once again be providing an annual event that is exclusive to the die casting
industry and its suppliers. The 2012 and 2015 Die Casting Congress & Exposition will be held in
Indianapolis, the first week of October (Monday-Wednesday).
“This decision was made by NADCA because our joint venture partner requested a significant reduction in
NADCA’s portion of these events proceeds,” said Twarog. “The level requested made it uneconomical for
NADCA to move forward in the joint venture agreement.”
Exhibitor applications are currently available for the Die Casting Congress & Tabletop online at: http://www.diecasting.org/congress/tabletop/exhibitors. Attendee registration is scheduled to
open by January 17, 2011. For more information on the Die Casting Congress & Tabletop, please visit http://www.diecasting.org/congress/.
Administration Proposes Superfund Tax Reinstatement on Manufacturers
The Obama Administration has requested that Congress reinstate the Superfund Tax beginning in 2011
through 2020.
Overview:
The Superfund tax has 4 components:
- 3 excise taxes on oil, chemicals, and chemicals used as a feedstock, and
- a broad based tax called the Corporate Environmental Income Tax (CEIT), applicable to nearly all die
casters. Forty percent of the Superfund Tax revenues are estimated to come from the CEIT. Under the
CEIT, a new income tax would be levied on manufacturers of 0.12 percent on alternative minimum taxable
income of $2 million or more. The Superfund Tax expired in 1995.
The Senate Environment & Public Works Subcommittee on Superfund, Toxics and Environmental Health had a
hearing this week entitled, "Oversight of the Environmental Protection Agency’s Superfund Program."
NADCA has signed on to a letter to be sent to key members of the Senate and House Leadership, as well as
the Senate Finance Committee and House Ways & Means Committee to object to this new tax that has not had
any hearings by the congressional tax-writing committees, as well as the impact another tax will have on
the metalcasting sector.
China's Currency Reform & U.S. Legislation
China, under pressure from governments around the globe, announced over the weekend that it would
proceed with a long-awaited overhaul of its currency regime, igniting hopes that the renminbi is on
course to rise against the dollar after Beijing prohibited any gains against the U.S. currency for
nearly the past two years. However, even if China allows the RMB to rise by 3 to 5 percent over the
next few months, it would come nowhere close to eliminating the RMB’s estimated 35 to 40 percent
undervaluation relative to the U.S. dollar.
Chief sponsors of currency reform legislation Senator Charles Schumer (D-NY) and Congressman Tim Ryan
(D-OH) are looking at a variety of avenues to move forward on their respective pieces of legislation to
make prolonged currency misalignment actionable under U.S. countervailing duty (CVD) and anti-dumping
law as soon as possible.
Congressmen Tim Ryan (D-OH) and Tim Murphy (R-PA) will be holding a press conference tomorrow
(Wednesday) to press for the House to act on their currency bill and to say that China's action of this
weekend is not enough. H.R. 2378, the Currency Reform for Fair Trade Act has over 120 cosponsors.
To view the rest of this article, click
here.
Register Today for the Plant Management Conference
Registration for this year’s Plant Management conference is now open. The conference will be held
September 22-24 in Grand Rapids, MI at the Amway Plaza Hotel. Featuring presentations on Quality and Cost
Improvement through Process Control and Crisis Management and an offsite tour to Die-Tech & Engineering.
To register or for more information please click here!
Is Branding Relevant in Today’s B2B Market?
As companies struggle to gain traction in a tough economy, they are continuing to reevaluate all of
their business methods to squeeze out a profit. This assessment includes the investment they make in
branding. Many marketing experts argue that downturns are a particularly good time to invest in brand
building. They contend that if competitors are cutting spending on branding, companies that continue to
invest will stand out even more and be poised for greater success when business conditions improve. A
common definition of branding is the marketing practice of creating a name, symbol or design that
identifies and differentiates a product from other products. An effective brand strategy can give you a
major edge in increasingly competitive markets. To find out more about the relevance of branding, click here to login and view this month’s
issue of LINKS magazine.
