Daily News For March 2, 2009

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Today's Daily News

Survey Finds Some OEMs Switching to U.S. Sourcing
The North American Die Casting Assn. reports that 78% of its members have evidence that buyers of their products are shifting to domestic sources for diecast components. The reasons for these shifts are buyers' concerns about the product quality, supplier proximity and overseas logistics. Click to continue

Mitsubishi, Peugeot To Build Electric Cars
Mitsubishi will launch its i MiEV in Japan this year and is considering sales in the U.S. and other markets later. Click to continue

Yellow Roadway Sells and Leases Back Operations
Global transportation company YRC Worldwide announced the sale and lease-back of various assets to Estes Express. Click to continue

Brambles to Axe 750 Jobs Worldwide
One of the world's largest suppliers of pallets, Brambles, will cut 6% of its global workforce this year and scrap an extra 7 million pallets to try to bolster earnings. Click to continue

American Machinist Web Forum

Visit the new American Machinist Forums, a new place to share thoughts and ideas and best practices for machine shops. While the forum is open to discussions about anything, the focus is on ways to keep machine shops competitive and running efficiently in manpower and deploying labor, the use of automation and new technology, and the creative uses of machine tools. So welcome to the forum, sign up and jump into the discussions.

Expansion Loans?
"The bank gave him two options..." Click to continue

How's it Going Out There?
"Are new jobs coming in, are existing jobs dropping off, do you expect the stimulus package to help any? What's your game plan for survival?..." Click to continue

I Need a Career Change, But How?
"It's time for me to make a serious change in my career direction and I'm very seriously considering becoming a machinist. I'm wondering what path I would need to follow to achieve that goal?..." Click to continue

Join this new community to participate in this and other discussions at forums.americanmachinist.com.

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