Older workers are staying on the job rather than retiring to afternoons of golf or gardening and about half of Americans aged 50 and up are looking for employment, according to a new study. The average retirement age has increased from 57 to 62 since the Great Recession.
Toyota Motor Corp. is implementing a new production strategy that entails redesigning its models while reducing manufacturing costs by making certain parts and components more compatible with those used by other automakers. The automaker hopes its Toyota New Global Architecture (TNGA) strategy will help it maintain its global competitive advantage and recover from recent reverses. Read more
An overwhelming majority of marketing professionals who target businesses use content marketing to attract customers, build sales, and establish brand identity. But many are unsure if these tactics are effective and even more seem puzzled by the use of social media as a marketing tool. Read more
Development of large-scale projects to capture and bury carbon dioxide — popularly known as carbon capture and storage (CCS) — slowed this year, despite consensus among scientists and engineers that such projects are vital to international efforts aimed at reducing the buildup of climate-changing gases.
Five CCS projects were canceled this year, one was scaled back and seven others were postponed, according to a worldwide survey released recently by the Global CCS Institute, which is based in Australia. Three new projects were counted in the survey.
The number of CSS projects under way dropped to 65, a decrease of 10 since last year.
The U.S. is the world leader in CSS, according to the report, although that is mostly attributed of the use of carbon dioxide for stimulating oil flow out of old wells. Programs for capturing carbon dioxide from U.S. power plants is lagging. Read more
America’s largest manufacturing technology show, IMTS 2012, ranked second only to the Consumer Electronics Show among the nation’s top trade shows, according to Trade Show Executive magazine. The fact that IMTS maintains this exalted status is a tribute to the continued strength of manufacturing despite the hard knocks and massive changes the industry has endured. Read more