Association News

Association News

ELFA March 2012 MLFI shows increases in new business.

April 25, 2012

Reporting economic activity for equipment finance sector, ELFA's Monthly Leasing and Finance Index (MLFI-25) shows overall new business volume for March up 10% from same period in 2011, 36% compared to previous month, and 17% year-to-date. Receivables over 30 days increased to 2.8% from 2.5% in February and declined 20% compared to 2011. Charge-offs increased to 0.7% from 0.5% of previous month and decreased by 46% compared to previous year. Read More

Association News

World Accreditation Day to focus on safe food and clean water.

April 25, 2012

International Accreditation Forum and International Laboratory Accreditation Cooperation have announced the theme of World Accreditation Day 2012: Accreditation - Supporting Safe Food and Clean Drinking Water. According to ILAC, it is critical that consumers have confidence in safety, security, and authenticity of food and water they consume. This confidence is gained through application of common food safety management systems, supported by credible testing and inspection regimes. Read More

Association News

ASTM Committee approves standard for acoustic emission testing.

April 25, 2012

ASTM International Committee E07 on Nondestructive Testing has developed standard ASTM E2863, Practice for Acoustic Emission Examination of Welded Steel Sphere Vessels Using Thermal Pressurization. Pertaining to gas-filled pressure vessels used aboard aircraft for fire suppression, standard will allow Halon bottles to be recertified at maintenance facility and immediately returned to aircraft. U.S. Department of Transportation requires periodic recertification of bottles. Read More

Association News

Comments Sought on tetrapod walker drum tester standard.

April 25, 2012

Subcommittee D13.21 on Pile Floor Coverings seeks experts who may be using ASTM D5251, Practice for the Operation of the Tetrapod Walker Drum Tester, in hopes of gauging current level of interest in said standard. ASTM D5251 describes equipment and operation of Tetrapod Walker for testing unused pile floor coverings with thickness of 20 mm or less. Anyone who uses D5251 is encouraged to join in revising standard, which is scheduled to withdrawn later in 2012 if not revised/reapproved. Read More

Association News

Construction Materials Prices increase 1.4% in March 2012.

April 24, 2012

According to U.S. Labor Department's April 12 producer price index (PPI) report, construction materials prices rose 1.4% in March. This represents largest monthly increase since April 2011. On quarterly basis, construction materials prices increased 2.7% and are 3.8% higher than March 2011. Nonresidential construction materials prices, following similar pattern, moved up 1.6% for month, 2.9% for quarter, and 4% year over year. Read More

Association News

NIST Proposes Update to Digital Signature Standard.

April 24, 2012

NIST announced proposed changes to FIPS 186-3, known as Digital Signature Standard, which specifies how to implement digital signatures that can be used to ensure integrity of electronic documents as well as identity of signer. Posted for public comment on April 10, 2012, proposed revisions clarify how to implement digital signature algorithms in said standard. Also, inclusions within proposed revision allow use of additional approved random number generators. Read More

Association News

ASTM Committee working on cured-in-place manhole liner standard.

April 24, 2012

Proposed standard ASTM WK36573, Practice for the Installation of a Single-Sized Cured-in-Place Liner for Manholes Having Various Sizes, will apply to all shapes and types of manholes, wetwells, catch basins, and similar structures. Once approved, this standard will be of use to owners of buried utility systems such as municipal sewers, telecommunications, power, and similar systems. Interested parties are invited to join in development activities. Read More

Association News

Governor Jon Huntsman to provide keynote address at BIO event.

April 24, 2012

Governor Jon Huntsman, former U.S. Ambassador to China and Governor of Utah, will provide keynote address at BIO Convention in China, Oct 24-25, 2012. Event will bring together global audience to explore business opportunities within China's emerging biotech sector. Huntsman began his public service career as White House staff assistant to President Reagan and enjoyed appointments as Deputy Assistant Secretary of Commerce for Asia, U.S. Ambassador to Singapore, and Deputy U.S. Trade Representative. Read More