Daily News For February 10, 2012

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Today's Daily News

Shale Production to Push Natural Gas Inventories to 29-Year High
Abundant natural gas cuts storage withdrawals as Pennsylvania passes tax on Marcellus drilling. Click to continue

$600 Million Contract for Naval Nuclear Components
Babcock & Wilcox Nuclear Operations Group has the second release of a multi-stage contract from the U.S. Department of Defense to manufacture nuclear components for various defense programs over an eight-year period. Click to continue

CEO: Timken's Transformation Proves U.S. Manufacturing Isn't Dead
Thanks to a diversified product portfolio and aggressive investment in emerging markets, the century-old manufacturer of tapered roller bearings is on a roll. Click to continue

Workplace Violence and the 'Bad Apple' Myth
The perception that a workplace shooting occurs after a disturbed individual 'snaps' may be misguided. According to the new documentary 'Murder by Proxy: How America Went Postal,' workplace violence stems not from one bad apple but rather a toxic workplace culture. Click to continue

Do Incentives Skew Management Priorities?
Although performance-based pay is an important way to align management and shareholder interests, new research indicates that certain incentives could actually be motivating executives to manipulate reported earnings. Click to continue

PepsiCo to Cut 8,700 Jobs
The company announced a series of strategic moves aimed at delivering 'top-tier, sustainable long-term growth for its shareholders.' Click to continue

U.S. Approves First Nuclear Plant Since 1986
NRC OK's two new reactors at Georgia facility. Click to continue

Nearly Half of Manufacturing CEOs Say Taxes Drive Site-Location Decisions
PwC reports confidence levels among industrial manufacturing leaders down. Click to continue

IndustryWeek Web Forum

Visit the IndustryWeek Forums -- an active online community discussing the latest in manufacturing. The forum is open!

Employment on the Rise
"The U.S. economy has completed its recovery from the last recession in the late 2010; however, unemployment remains stubbornly high..." Click to continue

Deficit Reduction
"Of course, there is bad news..." Click to continue

Super Bowl Ads: Chrysler's "Halftime in America"
"...one of the most memorable moments of Super Bowl Sunday 2012..." Click to continue

Companies Testing KPIs to Assess Labor and Human Rights Risks in Global Supply Chains
"They are testing KPIs in the following areas, with a host of detailed underlying information for each category..." Click to continue

Participate in this and other discussions at forums.industryweek.com.

Product Spotlight, Courtesy of NewEquipment.com

3DLevelScanner for Harsh Environments
BinMaster Level Controls announces the introduction of the 3DLevelScanner HE designed for use in storage silos containing challenging materials such as clinker, alumina, and fly ash. This new model of the 3DLevelScanner has an operating temperature range of up to 250°F (120°C) to accommodate higher temperatures that may be present when material that has been heated in the production process is conveyed into storage silos. The 3DLevelScanner HE is ideal for use in the cement, aluminum and power industries where there are multiple challenges such as dust or high humidity and very large silos where the material surface in the bin may be uneven and difficult to measure. Dependent on the diameter and height of the silo and the desired level of volume accuracy, one or more 3DLevelScanners is mounted on the top of the silo in strategic locations determined by using advanced proprietary software. Click to continue

Manufacturing Webinar

Turn Your Receivables into Growth Capital
Working capital is a major challenge for companies, but today's credit markets offer little relief. Find out why a growing number of successful businesses are taking an innovative receivables-based approach to cash flow management. This webinar will feature presenter Kayle Neely, President and Owner of the EZ Payroll & Staffing Group of Companies, who will explain how online receivables financing allows his company to fund operations without the constraints of other short-term financing options. Click to continue

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