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India Targets $35 Billion of Foreign Investment in 2008-09

October 24, 2008

Before the global financial meltdown, India received a record $14.6 billion in foreign direct investment (FDI) from April to August 2008, a 124 percent rise compared with $6.5 billion in the same period a year ago, reports Industrial Info Resources…

OMAX® Corporation Named to 2008 Inc. 5000 List

October 24, 2008

OMAX® Corporation (Kent, WA) has announced its placement on the 2008 Inc. 5000 list. Regarded as the most comprehensive look at the entrepreneurial engine that drives the U.S. economy, the annual list recognizes and ranks the country's 5,000 fastest-growing private…

Ballard Power, IdaTech and ACME Collaborating in Indian Fuel-Cell Deal

October 24, 2008

Ballard Power Systems Incorporated (NASDAQ:BLDP) (Burnaby, British Columbia), a global leader in the development, manufacture, sale and servicing of hydrogen fuel cells, has entered a three-way agreement with IdaTech LLC (Bend, OR) and the ACME group (Gurgaon, Haryana) to supply…

Sandvik Adds 51 Jobs in North Carolina Plant

October 23, 2008

Sweden-based Sandvik Inc. plans to add 51 jobs to its Mebane, NC plant in the next three years and invest $85 million. Mebane is located about 20 miles north of Chapel Hill. The plant currently has 160 employees. Sandvik received…

OSHA Proposes Regulations on Shipyard Working Conditions

October 23, 2008

The Occupational Safety and Health Administration (OSHA) is hosting public hearings to propose new regulations related to shipyard working conditions, according to Industrial Info Resources (Sugar Land, TX). OSHA, a part of the Department of Labor, exists to assure safe…

Des Moines Area College Completes Robot Training Certification

October 23, 2008

FANUC Robotics America, Inc. (Rochester Hills, MI) has announced that Rick E. Wagner, professor of electronics at Des Moines Area Community College (DMACC) has successfully completed Certified Education Robot Training (CERT) requirements. DMACC is the first school in the country…

Manufacturers Ready to Buy Despite Stock Market Woes

October 22, 2008

DEARBORN, MI, October 21, 2008 ? In contrast to the grim financial news from New York and around the world, an unprecedented number of attendees filled the halls on opening day at the 2008 FABTECH International & AWS Welding Show,…

HEAVY DUTY ALLOY MUFFLE FURNACES

October 21, 2008

Lucifer Furnaces, Inc. offers a complete line of large alloy muffle furnaces. The 5000 AM models are equipped with a corrugated alloy retort which separates the chamber refractory and heating elements from the workload and atmosphere to minimize scale and oxidation.

TRUMPF Announces New Names for Power Tools Products

October 21, 2008

TRUMPF (Farmington, CT) has introduced a new naming convention to enable immediate recognition of all TRUMPF electric, battery and compressed air power tools. All products will have the name of TruTool, followed by the core name. For example, the N…

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