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Praxair Cuts Fourth Quarter Outlook, Eliminates 1,600 Jobs
From the Associated Press Industrial gas supplier Praxair Inc. Tuesday cut its profit outlook for the fourth quarter and said it was implementing cost-cutting measures, including the layoff of 1,600 workers and closing underperforming and noncore product lines. The Danbury,…
WELDING END PREP TOOL DESIGNED FOR TUBE STUB AND WELD REMOVAL
ESCO Tool offers a welding end prep tool designed for special applications such as tube and weld stub removal, where the tool width is critical and maximum torque is required.
Orissa Government Clears $23.5 Billion for Metals and Power Sectors
The High Level Clearance Authority (HLCA) of Orissa's (India) government, led by the Chief Minister Naveen Patnaik, has given clearance to $25.3 billion worth of projects. Most of the investments will be in the iron, steel and power sectors. According…
Vestas to Deliver 100 Wind Turbines for U.K. Offshore Windfarm
Vestas Wind Systems A/S (Randers, Denmark) received an order from Vattenfall Wind Power (Stockholm, Sweden) to supply 100 V90-3MW wind turbines for installation at the Thanet offshore windfarm, which will be located approximately 11 kilometers to the east of Margate,…
How to Bail Out GM
So it's come to this: General Motors, once the world's mightiest industrial enterprise, is now flirting with bankruptcy. Ford and Chrysler may not be far behind. Car and truck sales have collapsed. With cash reserves rapidly falling, GM may soon…
NEW CORDLESS COMBO KIT PACKS PRO POWER AND PRO SPEED IN AN ULTRA-COMPACT DESIGN
Makita U.S.A., Inc., announces the release of its new 10.8V Lithium-Ion Compact 3-Piece Cordless Combo Kit (model LCT302W). The new combo kit features a new 10.8V Flashlight, as well as the 10.8V Compact Lithium-Ion Driver-Drill and 10.8V Compact Lithium-
Ion Impact Driver. The combo kit also includes an ENERGY STAR rated battery charger, two Lithium-Ion batteries, and a metallic case.
Dongfang Electric Signs Agreement with Japan Steel Works for Nuclear Components
The signing ceremony of the cooperation agreement between Dongfang Electric Corporation (Chengdu, China) and Japan Steel Works Limited (JSW) (Tokyo) for the supply of large forged pieces for nuclear power units was held at Dongfang (Guangzhou) Heavy Machinery Company Limited…
Smith Equipment Receives Recognition for Outstanding Performance as a Supplier
Smith Equipment (Watertown, SD) recently received an Overall Performance Achievement Award from Goodrich Corporation?s Sensors and Integrated Systems business, a leading global supplier of systems and services to the aerospace and defense industry. Smith?s Overall Performance Achievement Award was one…
Monarch Steel Adds New Lighter Gauge Slitter to Complete Product Line Offerings
Monarch Steel Company, Inc. (Cleveland, OH) has increased the production capacity of its Decatur, AL facility with the addition of a light gauge slitter. The new slitting line will add significant capability to slit cold rolled, and galvanized products ranging…
In the Wake of Successful 2008 Fiscal Year, ThyssenKrupp Braces for a Slower 2009
ThyssenKrupp AG (Dusseldorf, Germany) recently released its earnings report for both the final quarter and fiscal year of 2008, reports Industrial Info Resources (Sugar Land, TX). While sales amounts for the company were up from 2007, moving from $69.5 billion…
Industry Leaders Co-Sponsor Symposium to Raise Welding Awareness Among High School Educators
The future is bright for welding. That was the message conveyed to over 100 Wisconsin high school counselors, educators and administrators at a recent symposium on welding careers sponsored by Miller Electric Mfg. Co., Airgas, Miron Construction and AZCO Inc….
Hearing Technology Company Sensear Named Finalist for 2009 Innovation Shootout
Sensear (Crawley, Western Australia), a leading innovator of hearing protection technology to the global industrial market, has been named a finalist and the representative of the Australian State of Western Australia in the 2009 Innovation Shootout, to take place in…
