Daily News For January 31, 2012

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The outlook for U.S. manufacturing remains positive, and manufacturing issues are starting to take center stage on a national level. In this free American Machinist guide, learn about opportunities for innovation and R&D, building a smarter workforce capable of working on today's factory floor, and how technology and Congress are having a major impact on U.S. industry. Download now.


Today's Daily News

Exxon Mobil Q4 Profit Beats Forecasts
Net income reaches $9.4 billion. Click to continue

Japanese Auto Suppliers Fined $500 Million for Price Fixing
Yazaki Corp. and Denso Corp. sold wire harnesses and related electrical and electronic components to automobile manufacturers at inflated prices and ran a bid-rigging and price-fixing scheme. Click to continue

Tenaris, CRC-Evans Developing Offshore Welding Program
The steel pipe conglomerate and the pipeline equipment manufacturer are expanding their co-op venture to develop a portfolio of line pipe products and welding technologies specialized for offshore projects. Click to continue

EPA Offers First Look at Greenhouse Gas Reporting System Data
Communities can access the 2010 GHG data from more than 6,700 facilities to identify nearby sources of GHGs, help businesses compare and track emissions and inform policy for state and local governments. Click to continue

New Strategies Address Supply Chain Risks
A World Economic Forum report released last week calls for new models to address supply chain and transport risks. The report, highlights the need to review risk management practices to keep pace with rapidly changing contingencies facing the supply chain, transport, aviation and travel sectors. Click to continue

China Exports Broke Trade Rules WTO Says
Ruling affects bauxite, coking coal, fluorspar, magnesium, manganese, silicon metal, silicon carbide, yellow phosphorus and zinc. Click to continue

ThyssenKrupp to Sell Stainless Steel Business to Outokumpu
Will create world's largest maker of stainless steel with output of more than 5.0 million tons per year by around 2016. Click to continue

IHI and FGE Join to Create One of Japan's Largest Shipbuilders
Companies said integration was necessary to conquer fierce competition with South Korean and Chinese shipbuilders. Click to continue

Big Fat Finance Blog

Visit the bigfatfinanceblog.com. Updated daily by members of the Business Finance Expert Network, The Big Fat Finance Blog is intended to arm finance professionals with innovative ideas and best practices that help finance organizations create value.

The Myth of Japan's Collapse
"Data analytic breakthroughs as well as fresh thinking in the realms of behavioral economics..." Click to continue

The New 1099-K Adds New Level of Confusion
"This year, there's one more 1099 form to add to the mix: the 1099-K. If your business takes payments via credit cards or services like PayPal, you may find one in your mail box later this month..." Click to continue

A Kite with a Broken String -- The Balanced Scorecard
"How do executives expect to realize their strategic objectives if all they look at is financial results..." Click to continue

Participate in these and other discussions at bigfatfinanceblog.com.

Product Spotlight, Courtesy of NewEquipment.com

Combo HMI-PLC
Maple Systems has introduced a revolutionary new product called the HMC (Human Machine Controller). The HMC is cost effective, efficient, and compact, combining an HMI and PLC into one unit. Simply put, HMC=HMI+PLC. With customizable I/O, the HMC accepts up to five plug-in I/O modules with varying configurations of digital and analog inputs and outputs. Choose a 3.5-inch or a 5.7-inch touchscreen display, each equipped with six function keys adjacent to the screen. One software application is used to program both the graphic interface and the ladder logic resulting in improved performance and efficiency. Besides offering a stand-alone solution, the HMC can integrate with an existing system serially and supports many popular communication protocols. Click to continue

Conference

Attract, Retain and Grow Foreign and Domestic Business Investment
Meet one-on-one with SelectUSA speaker, Tazeem Pasha at the Expansion Management Roundtable in the Rockies

Tazeem Pasha serves as Manager, Business Retention and Expansion at SelectUSA. Established by Executive Order of the President , SelectUSA is a government-wide initiative to attract, retain and grow business investment in the United States by foreign and domestic firms. In this role, she is responsible for managing outreach to U.S. state, regional and local economic development agencies, foreign governments and investors to promote investment in the United States. Click to continue

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